Hsbc Share Discussion Threads

[miata] 05/10/2006 09:44

Had to sell some more at 996.5p

[verynervy] 05/10/2006 09:26

Had to sell half at 993.5

[miata] 05/10/2006 08:34

Thanks for that tinman.

The US funds have sold the shares they have bought in the last 12 months on which they have made LOSSES before their 30th September year-ends and have plenty of cash to pump the shares on which they have made gains and which they can now sell anytime at low (8%) CGT rates. I can't help feeling that they will keep pushing towards OPEX next week and I have plenty left to sell, but am taking a cautious approach because they could decide to dump at any time.

As set out in post 176 this is very near recent highs.

I hope to buy back in a month or so, perhaps after the mid-term elections!

[tinman] 05/10/2006 08:13

1507 [Dow Jones] TECHNICAL ANALYSIS: Supreme laggard HSBC (0005.HK) +2.0% at
all-time high of HK$144.60 on hefty volume of HK$4.16 billion, which staggering
14.3% of market total. On chart, stock cracks triangle formation since
end-April this year, with significant resistance of HK$142.50 (tried to breach
4X but failed) now convincingly breached, measured upside HK$155.00.
Additionally, almost all oscillator indicators (RSI, momentum etc) positive,
pointing to more short-term upside. Fundamentally, top cap only trades at 12.3X
this year's earnings due to rather drastic de-rating (perhaps a bit
unwarranted) in past 2-3 years, 15X forward PER would take stock to HK$176.
(RLI, WNH)


1546 [Dow Jones] HSBC (0005.HK) +2.4% at HK$145.20 in heavy trading; makes
technical break above key resistance at HK$142, may extend gains in next few
days.

[enami] 05/10/2006 07:56

Same here - 989 was my target and sold off my trading stake.

[miata] 05/10/2006 07:49

Sold some this morning.

[kenbachelor] 29/9/2006 17:55

No but the charts are useful to anybody who is interested in them. Just look at the targets, Horizontal count up is 1,024p and the Vertical count up is £16. Now that really would be something.

[miata] 29/9/2006 09:16

Through 981p, this is short term resistance.

[miata] 28/9/2006 10:58

Recent peaks for consideration when deciding at what level to take advantage of short-term seasonality:

13/03/06 Intraday 997p close 992p
11/05/06 Intraday 992p close 970p
31/07/06 Intraday 986p close 971p

[d s patterson] 24/9/2006 21:15

Rather confused me with the dividend listed in $, in £ about 4.4% for this year and paid quarterly aswell

[gateside] 24/9/2006 16:24

I like this bit, "far higher than..... £11"

[verynervy] 24/9/2006 16:19

tipped this Sunday


At 960p, HSBC shares are trading on less than 10 times capital-adjusted earnings for the next year and have scope to head far higher than their all-time peak of almost £11.

This is a good time to take money out of the bank account and invest it in the bank's shares. Keep buying says the Sunday Telegraph.

[miata] 19/9/2006 13:09

Morgan Stanley has upgraded HSBC to "overweight" from "equal-weight". It said a weak dollar should continue to help earnings on the back of the translation into sterling, while concerns over the US housing market have already been factored in. It added that having previously traded at a premium to its peers HSBC has come back down and is now looking relatively cheap

[simongn] 18/9/2006 08:44

KenBachelor & MIATA

Thanks for the info.

[simongn] 17/9/2006 14:57

Am I correct in thinking that the info that ADVFN has for HSBC in terms of dividend yeild (7.64%) is incorect. It looks like ADVFN are counting the dividend values as UK£ values instead of US$ . . . can anyone confirm please ?

[bloodsports] 08/9/2006 12:18

I agree guys a stock to buy when/ if the price drops, but a fine company with good managment and dividend.

[tuftymatt] 07/9/2006 07:43

Thank You MIATA.

[miata] 07/9/2006 07:35

HSBC will see its weighting in the Hang Seng index shaved to 25 percent from the current 29 percent next Monday.

My view would be wait, probably until mid/late-October.

[tuftymatt] 07/9/2006 07:33

Hi MIATA,

Based on your last post at what price do you think this would be worth buying in at?

I am thinking around 940 ish

Thanks.

[miata] 07/9/2006 07:30

Hong Kong stocks fell 1 percent as investors locked in profits after recent sharp gains, while impending revisions to the benchmark Hang Seng index spurred a sell-off in market heavyweight HSBC.

Also weighing on the HK market was the forthcoming US$2.4 billion IPO by China Merchants Bank, the country's sixth-largest lender.

[gateside] 06/9/2006 20:24

The Active HSBC Traders Club, is not very active!!!

[tuftymatt] 01/8/2006 09:24

Well if that is the case it will see us back to the days of having money under the floorboards again......lol

[miata] 01/8/2006 08:28

HSBC warned customers that free banking is coming to an end. The company said it was 'inevitable' that it would soon charge for current accounts.

Banking experts say that the entire industry is likely to be charging fees within a year.