Hsbc Share Discussion Threads

[marko1961] 27/1/2016 13:43

Well in that. Case i think long term this will be fine

[smurfy2001] 27/1/2016 13:37

marko, i've got time as l don't borrow money. Not a day trader myself.

[marko1961] 27/1/2016 13:15

Just a quick note i often jump in and out of ocado and have made some very good money day trading that one

[smurfy2001] 27/1/2016 12:20

marko1961, sell on overbought RSI. I'm not an investor here but a trader.

[marko1961] 27/1/2016 11:46

So if you used the indicator last year when it was oversold where would you be now. Correct under water

[smurfy2001] 27/1/2016 09:47

marko, best to use indicators when you can rather then just jump in.

[marko1961] 27/1/2016 09:34

Smurfy2001 really are you telling me you would invest on a wiggley line indicating the RSI. I would point out the rsi has indicated oversold for a while now. And drip drip drip. Thats not a share price going up. But i do believe it will rise soon.

[marko1961] 27/1/2016 09:28

Pj84. I like to jump in for a quick profit. With hsbc i would be happy to hold longer term should it get to my price of £4.40. Should it go lower once i have bought at my price then i wouldnt be concerned. Im firmly of the opinion that this market will go lower. And expect the baby will be thrown out with the bathwater i dont expect hsbc will move it headquaters eigther

[smurfy2001] 24/1/2016 00:16

marko1961, look at the RSI, it's oversold, should get past 510 soon.

[pj84] 24/1/2016 00:13

marko1961 I note you have a buy price of £4.40 but I would be interested to know what would you then be hoping the price would then increase to, to make it worth you buying at that price?

[marko1961] 22/1/2016 08:08

Cac called up 2 points dax called down 2 points and ftse called up 2 p. And what happened. Seems like no-one has a clue what is going on

[marko1961] 22/1/2016 07:31

I remember in april 2015 people were saying this is oversold. I too dont believe a single word that comes out of china and hsbc i recon have taken on way too much debt from asia. And it has still to wash out. Its not a buy for me yet. I have a price of around £4.40

[smurfy2001] 21/1/2016 18:35

RSI well oversold

[lord gnome] 21/1/2016 15:41

'It is unknown to continue growing at the same rate.'

Too right you are chessman2. I believe that China growth has slowed dramatically and that the published figures are a fiction. I don't believe a word of it.
I am still overweight HSBA, but that now seems to be taking care of itself on a daily basis.

[chessman2] 21/1/2016 09:22

China is still growing at a heck of a pace. People seem to forget that the 6.9% is on top of the growth accumulated during the past few years.

It is unknown to continue growing at the same rate. Compound interest springs to mind.

[keith carroll] 20/1/2016 22:04

China has been used to double digit growth in recent years so the latest figures are disappointing

[smurfy2001] 20/1/2016 21:04

China still growing at 6.9% yet the market is fearing the worst with a 0.1% difference - FFS. These falls are just not justified at all.

[nigthepig] 20/1/2016 11:57

Oh no, not the usual 'my son knows' or ' I know somebody in the business'. These comments always come out of the closet when markets are struggling. Take such comments with a large pinch of salt. DYOR and good luck.

[anley] 20/1/2016 10:50

My son who runs a wealth management business in HK is now worried about the banking sector and tells me to stay away from HSBC until further notice.
For me I think that the price is and has anticipated events and I am willing to buy soon.........

[fozzyb] 19/1/2016 21:18

Whilst wider macro factors will spook the market and no banks are immune. The fear for HSBC is that they have loaned a wall of money to Chinese property which considering LTV could easily put them in the red if the market deflates/govt. Meddling distorts further. In addition the money lent to under capitalised businesses reliant on unsustainable tax rebates to make a profit creates further risk. Yuan devaluation isn't the answer, and not when Vietnam labour is 1/4 of many Chinese provinces and are catching up on technical ability.Controlled media and poor reporting by western media companies gives even less comfort to the market. See 'wenzhou bankruptcy' for one of the few stories to gain traction in the west. I could go on but having had close ties with the middle kingdom over the last 15 years, the market is right to be worried.

[philo124] 17/1/2016 19:14

The Iranian oil coming online should not have been a suprise to the markets, the current oil price should have discounted this event.

[anley] 15/1/2016 16:28

Are we getting into the BUY territiory yet?

Has or will HSBC get caught up with Asia bad debts which some think they will?

Share price hitting new lows so we need to get the story right before one buys.