Hsbc Share Discussion Threads

[sea and sky] 24/4/2006 10:16

bottom chart is RSI btw...

[sea and sky] 24/4/2006 10:16

hsbc looks to be oversold now so I am long...

[miata] 24/4/2006 09:35

Hong Kong and Japanese share prices closed sharply lower because of worries over oil prices. The HSI fell 206 points to 16,706. Liquidity is low following major IPOs (moneys should return later this week).

There are fears HSBC could be dragged into a bidding war over Korea's leading credit card company LG Card.

[kenbachelor] 24/4/2006 07:08

That will move them up - I've placed an order at 950p.

[kenbachelor] 24/4/2006 07:04

Yes Gateside & I may well be buying this morning.

My target is currently 955p!!!

[gateside] 23/4/2006 20:43

Ken... The Daily telegraph rate HSBA as a BUY

offers global potential

Bid rumours about British banks have never been far from the surface in recent months, whether it be the persistent gossip about Lloyds TSB and Barclays or the speculation that Royal Bank of Scotland could be taken out by Citigroup.

While we don't rule out a deal taking place, a more certain source of value is available at HSBC, the UK's biggest and most international bank. The shares (965p) have gained 9 per cent over the past six months, but they have risen more slowly than the rest of the sector and are even further behind the gains made by the FTSE All Share index.

The premium that HSBC used to carry over the other British banks has all but disappeared. That does not necessarily mean a rerating is imminent, but the shares do seem good value.

The UK banking sector as a whole seems to offer good value, trading on 11.4 times 2006 earnings.

HSBC trades on about 11.8 times 2006 earnings, marginally above the average and on a similar rating to UK banks such as Lloyds TSB.

But HSBC is not a UK bank. The 2005 figures show that 15 per cent of its earnings came from emerging markets, with 3 per cent coming from South America and the remaining 12 per cent from its long-established business in Asia.

That gives it a substantially different growth profile from other UK banks, which are focused on the domestic market. So a different rating is justified.

Standard Chartered is the only other obvious way for British investors to obtain exposure to banking in emerging markets, but it is a more expensive option, trading on about 15 times 2006 earnings.

HSBC also yields about 4 per cent. Combined with its better-than-average growth prospects, this is an attractive buy.

[supermum] 14/4/2006 19:29

the real problem is the tenner...

SM

[supermum] 13/4/2006 07:18

ok... I'll ask them about it... have to say that I thought about it but didn't persue it as I was looking at a lot of aspects and it was bottom of the list! will move it higher now! Also need to be able to export it at the size want too for puting up on BBs without having to scroll acrss as updata does... drives me mad!

SM

[kenbachelor] 13/4/2006 07:13

Thanks Supermum.

I have actually looked at it before, but if I remember right I couldn't control the chart size & it was too big for my screen which is set to 800 x 600.

[supermum] 12/4/2006 23:09

ken.. apologies...
its not a compicated package and there is no news in it.. but it gives you direct links to live news and live prices - also it goes back 16 years

SM

[davemake] 12/4/2006 09:25

Tue 11-Apr-06 HSBA HSBC Holdings PLC (UK Reg) Sell_at 963 Stop_Loss 973 Cls_Pr 963

[davemake] 12/4/2006 09:24

Tue 11-Apr-06 HSBA HSBC Holdings PLC (UK Reg) Sell_at 963 Stop_Loss 973 Cls_Pr 963

[miata] 11/4/2006 15:57

SG Securities reiterates buy HSBC (raising the fair value to 1140p).

[kenbachelor] 05/4/2006 08:00

A bit like BP, only that is two steps up and two steps down!!!

[gateside] 05/4/2006 07:53

So where has all that keen buying from Monday gone?

This share seems to be one step up and one step down!!!

[kenbachelor] 03/4/2006 10:18

Everything is going up on the back of overnight activity in the Far East and strength in the Far East helps HSBC in particular.

[miata] 03/4/2006 08:48

In Hong Kong, the HSI closed up 259 points (1.64%) at 16,064 following the rally on the Japaneses market after the Tankan report.

[gateside] 03/4/2006 08:34

Ken... Any ideas why the mark up this morning?

[miata] 31/3/2006 13:39

Major Chinese lender Bank of Communications is to team up with shareholder HSBC to offer brokerage and insurance products to the domestic Chinese market, news reports have suggested.

The ambitious expansion plan comes as China has pledged to lift the traditionally tight restrictions on overseas banks operating within its borders by the end of this year.

[gateside] 31/3/2006 13:08

Good to see HSBA moving up on a down day for the markets

[olivia5] 29/3/2006 20:11

FT 29.03.06 Royal Bank Of Scotland added 0.7 per cent to £18.52 as dealing room rumours suggested that Wachovia, the US bank, was mulling a bid at £26 a share. Speculation earlier in the week had linked Citigroup with a bid for RBS.

[gateside] 29/3/2006 07:20

Barclays said HSBA was a BUY yesterday with a target of 1050p

[stewartf] 28/3/2006 17:25

Barclays Stockbrokers issued a buy recommendation on HSBC today with a fair value estimate of 1050p.

[zulu001] 28/3/2006 07:27

Switched some funds to Standard Chartered.

[miata] 27/3/2006 09:31

In India, HSBC will raise home loan rates by 50 basis points from 1st April 2006, mortgage loans account for almost 70% of the retail loans portfolio.