Hsbc Share Discussion Threads

[miata] 03/5/2006 08:45

The exchange rate for the final dividend, the forward exchange rates to 11 May 2006 quoted by HSBC Bank plc in London at 11.00 am on 2 May 2006, is £1 = US$1.83685.

The amount payable on 11 May will be 16.8767 pence per share.

[kenbachelor] 03/5/2006 08:20

Sea and Sky - I am not sure what you are asking me to do.

[sea and sky] 03/5/2006 07:51

ken - could you update the big charts version showing MACD/RSI in the header if ADVFN seem inaccurate to you? my chart is just to keep us up to date... cheers

[sea and sky] 03/5/2006 07:49

macd crossing over and recent downtrend on RSI has been broken upwards so looks good for a push higher IMHO

[miata] 02/5/2006 13:09

HSBC Holdings Plc declared an interim dividend of 0.15 usd per share for the first quarter to March 31. The interim dividend will be paid on July 6.
Not brilliant, the minimum.

[sea and sky] 02/5/2006 11:15

shows my lack of knowledge on HSBA Miata - i thought they were ok but sounds as if they either met or didn't beat analysts expectations?

[miata] 02/5/2006 09:11

HSBC Bank Canada recorded net income attributable to common shares of C$116
million for the quarter ended 31 March 2006, an increase of C$8 million, or 7.4
per cent, from C$108 million for the first quarter of 2005.

Not brilliant.

[sea and sky] 02/5/2006 08:27

970 looks to be the 50 day - we've pushed though the 10 day and currently bouncing off the 20 day at 963... should go well if it can break through the downtrend since early march IMHO...

[sea and sky] 02/5/2006 08:15

mexico results quite decent...

RNS Number:2553C
HSBC Holdings PLC
02 May 2006


GRUPO FINANCIERO HSBC, S.A. DE C.V.
2006 FIRST QUARTER FINANCIAL RESULTS - HIGHLIGHTS

* Net income for the quarter ended 31 March 2006 was MXN 1,430 million, an
increase of 19.9 per cent over the same period in 2005

* The cost:income ratio was 61.7 per cent for the three months ended 31
March 2006, improving from the 65.1 per cent achieved in the same period in
2005

* Total assets were MXN 287.9 billion at 31 March 2006, compared with MXN
239.4 billion at 31 March 2005

Commentary by Sandy Flockhart, CEO & Group General Manager

"HSBC is off to a good start in Mexico in 2006, with strong growth across our
key business and product areas.

"Alongside growing our business we are also continuing to deepen our roots in
Mexico and, recently, we inaugurated our new corporate headquarters, Torre HSBC,
which is located on Paseo de la Reforma, one of Mexico City's most important
avenues. The building is the first environmentally friendly construction of its
type in Latin America and HSBC expects to receive a Leadership in Energy and
Environmental Design certification from the U.S. Green Building Council. I am
also pleased to announce that we remain committed to Corporate and Social
Responsibility (CSR), and in 2006 we were recognised as a 'Socially Responsible
Company" by the Mexican Center for Philanthropy.

"In March, HSBC reached an agreement to acquire a 19.99 per cent stake in
Financiera Independencia S.A. de C.V., a highly successful niche player in the
Mexican consumer loans market.

"HSBC continues to work towards being the leading financial services institution
in Mexico in the eyes of our customers. We are driving product innovation and
service standards. Based on the combination of the knowledge, network and brand
of the HSBC Group along with the experience and capabilities of our Mexican
colleagues, we have established a strong foundation in Mexico and are poised for
continued growth through the remainder of 2006."

[kenbachelor] 02/5/2006 07:23

Hi all

It might be our turn today!!!

[zulu001] 02/5/2006 06:02

Yes. Nevertheless Credit Suisse agrees they are cheap.

[alanrex] 01/5/2006 17:25

Is just me who expects 1050-1150p within 2 mths?

[kenbachelor] 28/4/2006 16:47

On Tuesday I placed a buy order at 950p, which got filled. I was quite convinced that the Gann and fib lines at about that level would hold, but I placed anpther order at 940p just in case. Today we visited 940.5p so I wasn't far off buying some more.

We have traded all day between the 1x4 and 1x8 Gann lines and (in spite of todays modest rise) I am now becoming concerned that having done so we are more likely to see the lower line before seeing any bounce.

[miata] 28/4/2006 08:29

If on Tuesday they announce more than 16 cents for the quarterly dividend we ought to see a rise.

[sea and sky] 28/4/2006 08:22

true... i knew they were getting bigger in the US. thanks, i like some explanation for dropping price. I am still long but below 920 I will have to review...

[miata] 28/4/2006 08:16

The feeling is rising interest rates in the US, now a large part of HSBC's business, will lead to significant bad debt charges.

[sea and sky] 28/4/2006 08:13

thanks miata - noted the miners took a hit yesterday re china - i'm looking to re-enter BLT but it needs to settle first. i don't fully see why HSBC appears to be underperforming other banking - of course the usual rumours on BARC and LLOY persist but even so...

[miata] 28/4/2006 08:07

Chinese interest rate rise will have a very small negative effect, by reducing activity in China, reducing Chinese trade with America and generally keeping world interest rates a little higher. Increased borrowing costs tend to lead to more defaults and higher bad debt charges. But all marginal.

AGM 26 May, next trading update 30 May, interim results 31 July.

[sea and sky] 28/4/2006 07:29

how does the rate rise affect HSBC do you reckon Miata? Looks like it has to test the 200 day first though... are Q1 due soon btw?

[miata] 27/4/2006 11:00

China has raised its one-year benchmark lending rate to 5.85% from 5.58%, the first rise since October 2004.

[miata] 27/4/2006 06:16

Looking for a small rise as IPO moneys are released back into the HK market.

[kenbachelor] 26/4/2006 07:10

Not 'back in' Gateside, I've simply added. Still looking for 995p for the original thread's holding, but might sell yesterday's purchase at 978.5p. We will have to see how things go, bearing in mind that HSBC pay a divi every quarter.

[gateside] 25/4/2006 20:28

Ken... Good to know your back in... what's your target this time?

All the banks were up again today... apart from the two that I have shares in!!!

[kenbachelor] 25/4/2006 09:21

It's a good job I didn't stick with my 955p target. I've got another target set at 940p and it looks as if I might even buy some more by the end of the day.

[kenbachelor] 25/4/2006 08:21

Just got them at 949.89p, so they can go up now.