Hsbc Share Discussion Threads

[kenbachelor] 27/3/2006 08:41

I have now SM. My golly, what a chart and a dividend yield of 0.29% to match it. Not really my type of share, because I live off my dividends.

[supermum] 27/3/2006 08:32

Have you looked at BUR...?

SM

[kenbachelor] 27/3/2006 08:18

Although this doesn't effect to thread's trades, I've just sold half my holding in HSBC at 962.52p (a loss of £22.00) leaving me with the divi when it comes.

I'm now looking at a few options for re-investing the proceeds. myBroker is holding rather a lot of my cash at the moment, so I'll have to find a home for some of it soon.

[kenbachelor] 26/3/2006 16:02

SM - I can see an awful lot of trend lines, depending on which chart I'm looking at. I hope you are referring to the 1-2 line on my GannFan/Fib chart at about 964p tomorrow. Other than that I can find support lines at 910p and 920p, and I don't even want to think about those levels.

[supermum] 26/3/2006 12:30

I'd say... back to the trend line and and back up again... just waiting for the right signals..

SM

[d s patterson] 26/3/2006 11:05

I think that's pretty correct gateside!

[gateside] 25/3/2006 16:27

D S Patterson - 25 Mar'06 - 15:07 - 160 of 161

does anyone really know where we are ever heading?

I think the answer to that is definatly..... NO

[jeanper] 25/3/2006 15:08

Woah! This is tremendous!

[d s patterson] 25/3/2006 15:07

Ken - it's been pretty friendly to me so far, caught with my last purchase for several weeks now at 670 no great problem though and no stress of a warrant or derivative pos slowly ticking away, - bought these after buying and selling all the way up from 618, 670 may have seemed toppish back then but all sources of info pointed to 700+ anyway ridden out the storm so far and back to where we were before - there's the benefit of having gained a quarterly ex div and there's been no stress at all, a very capital intensive method but certainly as stress free as the market will allow.

does anyone really know where we are ever heading?

[supermum] 25/3/2006 14:11

ken... loads to go... will be posting on here tomorrow about shhhh! you-know-what!

SM

[kenbachelor] 25/3/2006 13:19

DSP - Yes, the more I look at BP, the more I like it. They look very close to the top of their range at the moment though.

Now I've said that - watch them motor!

[d s patterson] 25/3/2006 13:11

I really think BP is the best of the bunch and a very good core investment, I've tended not to see it as a share in a stock market but rather as an entity within itself - the shares are imo more like a floating long term bond. It just doesn't go too far astray and generally is by all usuall accounts fairly priced.

It really could be 750 a share and I'm sure the day will come but hope the range will continue for a while. For my own personal investment style I've found chasing the rising sectors difficult and sometimes stressfull always selling too early and waiting too long to buy with BP I can literally switch off and occasionally hedge with a rolling position at 660+ bringing in a few points I try to do this as little as possible mainly for fear of being on the wrong side of a bouyant market and having to sell shares to balance the pos.

[kenbachelor] 25/3/2006 12:09

DSP - Having said that, I've taken a good look at BP and it does look interesting. If I can get in at the right price, it looks as if 3% is available on a fairly regular basis.

[kenbachelor] 25/3/2006 11:45

DSP - Thanks, but BP is too dependant on the price of Oil for me. Probably more of a share for serious traders who want to be in and out short term.

[kenbachelor] 25/3/2006 11:38

Thanks Zulu - I invest in banks for my heirs.

As stated above, except for HBOS, the other major banks seem to have run away from HSBC over the last 3 months.

[d s patterson] 25/3/2006 11:32

Ken have you ever thought of BP. never likely to set the world alight but pretty steady and there's all sorts of basic hedging strategies that can be used to catch some movement as the stock does seem to lumber around.

Buy 1/2 at 650 and take 3.5% or the quarterly divi? or add the other half if they drop down say 7% and have a lower average.

I hope the 630 - 670/90 range stays with us for the forseeable future, if 690 breaks I'll be selling out and unlikely to be in if there are any rises to 700+

[zulu001] 25/3/2006 11:18

The reason to be in HSBC is that it is a safe home - its not going to fall as much as the other banks if/when the FTSE falls back.

You could add to Lloyds and spend the dividends or spread it around (HBOS, Standard Chartered, Bradford & Bingley, Northern Rock, Alliance & Leicester, etc) and ensure you benefit from any takeover.

There is still some upside in Marks & Spencer which should break 600p soon


You could add some excitement to your day by dipping a toe in the mining stocks or invest for your heirs in oil.

[kenbachelor] 25/3/2006 10:34

My target of 995p is looking very unlikely and I'm now considering selling on Monday at about break-even (966p), leaving me with the divi as compensation.

The problem with that is finding a safe home for the money with better prospects, as the other banks have run away from this one over the last few weeks.

Any ideas would be appreciated.

[kenbachelor] 24/3/2006 12:14

Hi Supermum - Any news on the fancy new charts yet?

[Abuse team] 23/3/2006 19:29

Post removed by ADVFN

[supermum] 23/3/2006 19:25

no you're not! just waiting to get back in..

SM

[kenbachelor] 23/3/2006 18:38

Gateside - I think we are the only 2 left on here.

[kenbachelor] 23/3/2006 18:12

Yes Gateside. I've been out most of the day and it was good to see some progress when I got back.

[gateside] 23/3/2006 16:25

good to see HSBA have a positive finish on a poor day for the markets

[kenbachelor] 22/3/2006 08:09

Thanks MIATA - I've adjusted my figures by 17.5p so perhaps that is a little generous.