Hsbc Share Discussion Threads

[gateside] 20/2/2006 19:37

Ken ~ I know you have only recently bought in, but do you have a target price in mind for HSBA?

When I bought these myself, it was with the intention of holding long term and I was looking for well over £10

I see AL. were flying again today. Just got to be patient, and feel that it will not be until this takeover frenzy has died down, that HSBA will put on any decent gains.

[kenbachelor] 20/2/2006 18:52

DSP - No, Im in Egypt this week

[verynervy] 20/2/2006 16:39

Thats my girl!

[miata] 20/2/2006 09:42

My head is certainly above the sand and turns to where the action is, when it starts to happen I will be there.

[pictureframe] 19/2/2006 23:18

thanks, appreciated

[miata] 19/2/2006 23:14

Lloyds. 6.9%

For capital growth consider Northern Rock or Standard Chartered.

[pictureframe] 19/2/2006 20:54

What bank pays the best divi? thanks

[miata] 19/2/2006 19:57

Looking at RBS is better than investing in RBS.

[verynervy] 19/2/2006 18:06

Unfortunately share prices do not always reflect logic - look at RBS!!

[d s patterson] 18/2/2006 12:46

have you sold Ken?

[miata] 18/2/2006 10:05

Shareprice tells the story.

[verynervy] 18/2/2006 09:57

Excellent results which `surpassed all expectations`, revenue, deposits and assets up!

[miata] 17/2/2006 13:51

HSBC Holdings Plc said that fourth-quarter net income at its US subsidiary, HSBC USA Inc., dipped 27.1% to $196 million as revenue climbed 22.5% to $1.26 billion.

[21up] 14/2/2006 19:46

Canadian Rockies are fantastic

[kenbachelor] 14/2/2006 17:31

We seem to have cleared the 2 x 1 (26.25%) line today, lets hope we never get anywhere near it again.

Good luck to all. I'll try to look in if I can find an internet cafe while I'm on holiday, but I won't be doing any chart updates. Those will have to wait until I get back.

[kenbachelor] 14/2/2006 15:06

Looking a bit more healthy today! Only 8p to break even.

[gateside] 14/2/2006 14:14

Hopefully this is a sign that Final results in March will be good.


HSBC Holdings PLC said net income at its HSBC Bank Canada
unit jumped 54 pct in the fourth quarter from the year-earlier period.
Fourth-quarter net income rose to 132 mln cad in the three months to end
December 2005, from 86 mln for the same period in 2004, helped by a 14 mln cad
reversal from the general allowance for credit losses and a 14 mln cad
adjustment to other expenses, both before income taxes.
Net income for the year rose 33 pct to 457 mln cad.
"Results for the fourth quarter and for the year were good and reflected the
robust Canadian economy and the strength of our customers," said president and
chief executive Lindsay Gordon. "Each of our customer groups contributed to a
strong increase in revenues.
"Our focus for next year will be to continue to achieve strong growth in
revenues and control of our costs, while continuing to reinvest in our
businesses," he added.
Economic growth in Canada continues to be strong and sentiment remains
positive despite the recent increases
in interest rates in Canada during the
fourth quarter of 2005, the company said.

[kenbachelor] 12/2/2006 18:10

Thanks for that Gateside - I'm going to repost that on my BARC thread.

I'll be back from my holiday for HSBC.

I do hope they have a local internet cafe!!!

[kenbachelor] 11/2/2006 13:23

DSP - Last year I took a view and held on to BARC to get the dividend and missed out on a trade that would have made more, so decided then that I wouldn't do the same again.

I don't like to be sitting on too much cash and believing that a bid is very unlikely, I thought both BARC & LLOY had probably gone as far as they realisticly would (how wrong can you be). HSBC looked a better option than RBS and so I put a slice of my cash into HSBC.

Most on these threads know that at my time of life (70) you need to plan for your kids. Whether shareholdings go up or down doesn't really matter, because estate duty takes the same percentage of the shares.

Basically I'm happy as long as I can do better that the Building Society will pay me.

[d s patterson] 11/2/2006 13:05

Kenneth your buy puzzled me somewhat. It didn't seem to be as logical as your barc trades, normally you aim to buy at the bottom of a perceived range but HSBC at 964 was flying up there with the faireys and upside was of course limited and downside more likely!

[kenbachelor] 11/2/2006 12:44

I've now added a link to the analysis from my P&F software, which actually suggests that now is the time to go long with a target price of 1024p. That sounds OK to me.

[gateside] 10/2/2006 21:20

Ken... your not alone.

I invest and rarely trade... so why did i decide to switch from AL. (sold at 975p ~ and is now 1067p) into HSBA (bought at 947p) in early January?

[dow] 10/2/2006 11:42

Yes. You thought it was cheap. Doesnt prevent it getting cheaper though.