Hsbc Share Discussion Threads

[finkwot] 01/8/2017 17:08

I'd sell enough to use up my CGT allowance. £11,300 profit. Bingo.

Personally I'm holding on, but I don't have anywhere near that amount.

[128stayhi] 01/8/2017 17:05

I purchased my first tranche of HSBA on the 1st August 2013 - exactly 4 years ago today. Since then I have been adding to them quietly, purchasing some as low as £4.684, and now have a fraction under 54,000 shares.

The Chinese economy seems to be good, whilst this absurd Brexit fiasco can only get worse and is bound to drag the UK economy downwards. So, in theory, I should hold. But how much higher can HSBA shares go?

If I sell, I will be caned by HMRC, as I have nothing to sell at a loss to offset a gain which will be approaching £70K. Selling a partial amount does not seem any wiser....

All I can think of is that wonderful song by Jimmy Durante, (which really shows my age), "Did you ever get thr feeling you wanted to go, but then you had the feeling you wanted to stay"

Hey Ho! Decisions; decisions.

What would you do?

[mazarin] 01/8/2017 13:31

I assuming that the 'law' of supply and demand applies, as when the 'buy back' shares are 'cancelled' it effectively leaves those in the Market potentially more likely to retain value. The maximum number of Ordinary Shares that could be repurchased under this Buy-back scheme is 1,986,691,641. That's quite a sizeable chunk

[jeffian] 01/8/2017 11:23

I must say that, although I get the theory that reducing the shares in issue increases NAV/eps for the remainder, I really struggle with the idea that share buybacks are "returning surplus capital to shareholders". They are returning all the surplus capital to some of the shareholders errrr...... who are no longer shareholders because they've sold their shares! Whether Mr. Market rewards the rest of us with an increased share price is a bit of a lottery. The press comment says that it is a good thing because simply increasing the divi may be unsustainable in the long run but so what? It could be done by a "Special Dividend" (which is a one-off by its nature) or a Return of Capital (unfortunately, now treated as a dividend for tax purposes) and then all of the surplus is spread across all of the shareholders rather than just those who agree to sell.

Still, Mr. Market seems to like it so far.

[skinny] 01/8/2017 10:41

JP Morgan Cazenove Neutral 760.85 690.00 690.00 Reiterates

Barclays Capital Equal weight 760.85 650.00 700.00 Reiterates

[skinny] 01/8/2017 07:55

Deutsche Bank Hold 755.00 695.00 737.00 Retains

[mazarin] 31/7/2017 16:47

Considering today's results it looks like the new thread has possibly had the desired effect, lets hope it continues.....!

[smartypants] 31/7/2017 14:46

34inch waste..I don't have massive shorts.

[arf dysg] 31/7/2017 13:49

smartypants, does that mean you've opened an absolutely massive short?

[smartypants] 31/7/2017 11:58

Heading for an in the red finish by close today, if not half an hour before?

[skinny] 31/7/2017 09:15

Goldman Sachs Neutral 762.80 - 770.00 Reiterates

Reassuringly consistent!

Shore Capital Sell 763.05 - - Reiterates

[brahmsnliszt] 31/7/2017 08:56

By Nisha Gopalan
(Bloomberg Gadfly) -- Pop the champagne. HSBC Holdings Plc,
riding a share surge, is promising another great giveaway that
might ring in even more price gains.
Once the dividend play of note, HSBC has become the buyback
king. On Monday, after reporting a larger-than-estimated jump in
second-quarter profit, the London-headquartered bank announced
plans for a buyback of as much as $2 billion before the year is
out. Armed with a strong core equity Tier 1 ratio of 14.7
percent, plus a clean bill of health at its U.S. operations,
HSBC can afford to be generous.
That generosity has the happy coincidence of boosting
profitability too, not to mention getting as-yet-unconvinced
analysts on board.
HSBC second-quarter adjusted pretax profit
+13%
By reducing the number of shares in circulation, the
buyback puts HSBC within striking distance of its 10 percent
return-on-equity goal. (The bank no longer gives a time frame
for when it might achieve this, however.) HSBC posted an ROE of
8.8 percent for the first half, compared with 7.4 percent in the
same period of 2016.
The buyback, on top of the $3.5 billion already undertaken
over the past 12 months, adds some gloss to a payout strategy
that was beginning to wear thin. Despite CEO Stuart Gulliver's
comments that the bank has paid out more in dividends over the
past year than any other European or American lender, HSBC no
longer has the allure of progressive dividends. On Monday, it
continued its projections of "sustained dividends," but the
rising share price has taken a toll on payout yields.
The challenge of finding a successor for Gulliver, who
retires next year, also still looms. In March, for the first
time in its 150-year history, HSBC chose an outsider, AIA head
Mark Tucker, to replace HSBC veteran Douglas Flint as chairman.
Tucker, and the new CEO, will be steering a much stronger bank,
but one whose "pivot to Asia" program has a way to go. And
Brexit is approaching.
Even so, Monday's good news outweighed the bad by a wide
margin. Revenue increased for a second quarter, and crucially,
expenses look to be under control. So-called adjusted jaws, a
figure that measures growth in revenue versus growth in costs,
came in at 0.5 percent, compared with a negative 0.6 percent in
the first quarter.
They're results that justify the number of Chinese
investors rushing headlong into HSBC's stock of late. Lured by
dividends that are more attractive than domestic banks, mainland
buyers now own 4.3 percent of HSBC's shares through the trading
link that connects Hong Kong with Shanghai. That's up from 2.3
percent four months ago, when such data first became available.
With interest rates in the U.S. on the rise, and this
buyback in the cards, HSBC investors can expect their good
fortune to continue.
This column does not necessarily reflect the opinion of
Bloomberg LP and its owners.

[enami] 31/7/2017 08:40

Actually looks better on a weekly chart.

799 target based on Wave from June 2016 to Feb this year (Wave 3 of 5)
100% Fib target at 910
High of Nov 2006 at 1028.5
1.618 Fib target 1090 matches the ATH of Jan 2001


free stock charts from uk.advfn.com

[enami] 31/7/2017 08:28

Matching the high of 2013 at the open.

Chart target based on Fib extension 799. profit slicing order set at 800


free stock charts from uk.advfn.com

[mazarin] 31/7/2017 08:06

What's there not to like? and the initial 'Market' response appears favourable.

[ianood] 31/7/2017 06:27

Looking good.

[mazarin] 26/7/2017 09:46

Thanks for confirmation Skinny. Its now included in the Header

[skinny] 26/7/2017 09:31

From the recent

"INTERIM RESULTS AND SECOND INTERIM DIVIDEND FOR 2017

Pursuant to Rule 13.43 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited, notice is given that a meeting of Directors of HSBC Holdings plc will be held on 31 July 2017 (the "Board Meeting") to consider the announcement of the interim results for the six months ended 30 June 2017 and the declaration of a second interim dividend for 2017 on the ordinary shares.

Subject to the approval at the Board Meeting, the second interim dividend for 2017 will be payable on 20 September 2017 to holders of record on 4 August 2017 on the Principal register in the United Kingdom, the Hong Kong Overseas Branch register or the Bermuda Overseas Branch register.

The ordinary shares will be quoted ex-dividend in London, Hong Kong, Paris and Bermuda on 3 August 2017. The American Depositary Shares will be quoted ex-dividend in New York on 2 August 2017."

[mazarin] 26/7/2017 09:28

I've just read on another discussion board that 2nd Interim is due to go Ex-Div 03/08/17 but I'm unable to find confirmation of it on HSBC website

[skinny] 25/7/2017 13:27

Approaching decision time?

[arf dysg] 25/7/2017 12:57

It's OK, I've seen the header (results announced on 31st of July) and just as importantly HSBC's investor-relations web site.