Hsbc Share Discussion Threads

[gateside] 10/3/2006 11:58

Ex-div

22nd March

[kenbachelor] 10/3/2006 11:56

XD is on 22nd March and payment on 11th May.

[nksharpe] 10/3/2006 11:53

Hi folks

Still in hoping for a break up, feeling nervous.
When is Xdiv?

[supermum] 09/3/2006 19:56

ken... sadly every day that passes on the warrants the time factor kicks butt.. so to make something decent I will need a bit more , although my longer term view for HSBA is up... next Friday isn't realistically in my projection target...

SM

[kenbachelor] 09/3/2006 19:30

SM - Tomorrow, no chance. Friday next week is quite likely.

[supermum] 09/3/2006 19:17

yes ... but I'm not convinced it will hold up... Would like 1000 by next friday for me warrants please!

SM

[miata] 09/3/2006 08:23

Should be buoyant today because lower oil prices have lifted Wall Street and the BofJ's policy change led to a 409 point rise in the Nikkei, however in Hong Kong the Hang Seng closed down 15 points at 15,478.

The intermediate term outlook in HK is likely to be fairly static and could even be significantly negative if they get the GST wrong.

[kenbachelor] 09/3/2006 08:04

Up 5p at the start. Somewhat better than I expected!

[kenbachelor] 08/3/2006 20:18

I was getting a little concerned about breaking below to Gann support, but we have managed to stay above this evening.

Everything points to a stonger opening tomorrow (up 3p) so we should be OK tomorrow, but I'm not at all sure that we won't break downwards when they go XDiv.

[kenbachelor] 07/3/2006 17:07

We are still hugging that Gann support line

[gateside] 07/3/2006 11:09

Tipped in The Daily telegraph as a BUY



Share price 989.5p +14.5p
Questor says Buy

HSBC chairman Sir John Bond was in typical self-effacing style when he declared the team taking over from him at the head of Britain's biggest bank were far better than his generation.



Sir John, who has worked for HSBC since 1961 and been its chairman for eight years, firmly believes it is the bank that is important, not the individuals who work there. The approach has worked well. Despite operating in 77 countries, HSBC is a remarkably coherent company, with one of the world's most recognisable brands.

Announcing his final set of results as chairman, Sir John said annual pre-tax profits rose 11pc to $21bn, the largest ever for a UK bank. Yet there were a couple of clouds on the horizon.

Bad debts rose by $1.6bn to $7.8bn. Costs at HSBC's investment bank jumped $1bn, higher than the City would have liked given that the jury is out on whether HSBC should be building an investment bank from scratch.

While HSBC's regulatory tier 1 capital rose to 9pc, it resisted calls for a share buy-back. Its 11pc increase in the full-year dividend, to 73 cents, also fell short of expectations.

On a strategic level, however, HSBC is positioned to take advantage of various global trends in a way that none of its UK rivals is. Its acquisition of the US "sub prime" lender Household International has given it a chunk of a high-margin business and useful transferrable skills to places such as South America, where future growth lies. Its shares trade at a premium to the UK banking sector, on 13 times prospective earnings, but there is still room for long-term upside.

[miata] 07/3/2006 09:55

Citigroup upgraded HSBC noting it enjoyed its best operating performance for eight years in 2005 and raised its 2006 EPS forecast by 4% to 83.7p per share.

[kenbachelor] 07/3/2006 09:24

Another upgrade today - Target price 1,100p

Citigroup Upgrades HSBC To Buy Post FY

Tuesday, March 07, 2006 3:31:04 AM ET
Dow Jones Newswires

0714 GMT [Dow Jones] Citigroup upgrades HSBC (HBC) to buy from hold following full year results, and also lifts target to 1,100p from 950p. Since the Household acquisition in '02, says the share has de-rated significantly against the European and Global Banks sectors and now trades at a discount to Citigroup's SOP valuation. These results, however, show "the best operating performance since '97 with underlying profit up 15%." One of the key drivers has been the stabilization of trends in the investment banking business. Shares closed Monday at 989.5p. (PBA)

[kenbachelor] 06/3/2006 19:51

HSBC Holdings "buy"

Monday, March 06, 2006 9:38:48 AM ET
Dresdner Kleinwort Wasser.

LONDON, March 6 (newratings.com) - Analysts at Dresdner Kleinwort Wasserstein maintain their "buy" rating on HSBC Holdings Plc (HBC1.FSE). The target price is set to 1050p.

In a research note published this morning, the analysts mention that the company has reported healthy 2H05 results, with higher-than-expected PBT. HSBC Holdings' tier one capital was robust for 2H05, the analysts say. The 2H05 results indicate that the company's Managing for Growth strategy is efficient, Dresdner Kleinwort Wasserstein adds.

[dgf] 06/3/2006 11:35

Very pleased with the results and div. I listened to the Webcast of the results presentation and found the sound very poor. I have checked my system and OK. I believe the proper 'live' mike was too far away from JB & DF. Shame it really took the edge off a great morning.

[miata] 06/3/2006 10:12

"In the near term, the outlook is encouraging. The world economy continues to grow steadily. The US economy is strong, the UK resilient, Japan and Germany are recovering and the emerging markets are buoyant," said HSBC.

"Longer term prospects are more uncertain. Apart from the possibility, however remote, of a sudden shock to the world's financial system, we remain concerned about the unprecedented level of trade imbalances," added the bank.

[profitaker] 06/3/2006 09:30

Well, that's the bank reporting season over. Also LLOY, RBS and STAN go ex-div this Weds, could start to see some bank selling then.

No position, just a thought....

[mikepearce45] 06/3/2006 09:28

Fantastic results(once again) Nice to see Morgan Stanley have got egg on their faces after their recent "........we expect lackluster results....." comment.

Unfortunately, instead of praising a great British success story ,we can now expect every Consumer Protection Group in the country to come out criticizing what they see as obscene profits. Why do we Brits hate success? With just about every other major British Company being bought up by foreigners (see that even BOC has also gone German today)one would expect expressions of pride.

A big thanks to Sir John - a job well done. Wonder if he can work his magic over at VOD?

[iulia] 06/3/2006 09:13

I may be a single voice shouting in the wilderness but I am currently short, the banks and ftse had a very good run and they may have gone ahead of themselves, I think a turn in the ftse is on the cards, and if the ftse goes down it will drag HSBA with it, regardless of the value of the company. The very mild reaction to the news out today may be a sign of things to come.

[kenbachelor] 06/3/2006 08:37

Yes Miata, I finished up being wildly optimistic didn't I?

Still they're going up this morning (17½p as I write) so we might even see £10 today.

[miata] 06/3/2006 08:33

For the half year, net income rose to $15.08 billion from $12.92 billion a year earlier, beating the $14.5 billion median analysts estimate.

[miata] 06/3/2006 08:29

Enjoy the divi Ken.

KenBachelor - 15 Jan'06 - 14:42 - 55 of 102
We should be expecting a final divi of about 14½p.

MIATA - 15 Jan'06 - 19:44 - 63 of 102 edit
As to the final divi, you can look forward to a great deal more than 14.5p (=25.7 US cents). At least 16.5p is likely. (£400 extra to you).

KenBachelor - 16 Jan'06 - 08:07 - 64 of 102
I hope you are right Miata

[verynervy] 06/3/2006 08:28

Got that, but there is a terrific lot to plough through.

[kenbachelor] 06/3/2006 08:23

The divi is 31c payable 11th May. XD 22nd March.

[miata] 06/3/2006 08:21

Full year PBT 2.5% higher than analysts forecast. Shareprice up 16p so far (1.6%).