Hsbc Share Discussion Threads

[montyhedge] 13/11/2019 16:19

If trouble gets worst in HK. I see 550p tested.

[grahamburn] 13/11/2019 14:48

Worth a read if you have access to The Times online:

[poikka] 13/11/2019 13:05

A further warning to anyone who thinks that the yield is a good reason to buy, came this statement from an Asian invested I.T.

"At the corporate level, research now suggests that one-fifth of all businesses globally do not generate enough profits to cover their interest payments and can only stay afloat thanks to their ability to refinance. Many of these are in India, Indonesia and South Korea. It is very difficult to put an exact number on the corporate debt situation in China but we can be roughly right in assuming that debt levels both in absolute terms and relative to cash flows are unsustainable. In Europe, some issuers of junk bonds are close to getting paid to borrow money and in the US, the value of corporate debt rated just above junk is now the largest it has ever been.

Combine a significant debt burden with slowing growth and mounting protectionism and you create a very insecure dynamic. It is unlikely that more debt will be the answer but that seems to be the path down which central bankers are taking us.

When we eventually return to an environment where debt carries a true cost, the debt markets say no to more credit or the future unfolds unlike that predicted in credit rating agencies’ spreadsheets, life will get tough very quickly. These balance sheets should come with a warning label similar to those attached to delicate parcels – Please Handle with Care."

[poikka] 13/11/2019 10:02

Going back to what I said about manufacturing finding a new home, in place of China, here's a snippet I came across Focus Economics re Vietnam.

"Moreover, exports were also up markedly year-on-year despite flagging global growth and, in the year to September, the value of new FDI projects rose 22% year-on-year, likely supported by trade diversion thanks to the U.S.-China trade spat."

[porsche1945] 13/11/2019 09:42

If China goes into HK to shut down the demo’s the downside to these could be pretty dramatic, yield tempting but cant help thinking could be an awful trap, coupled with Trumps cosmetic moronic trade talk alot of negatives.

[montyhedge] 13/11/2019 08:04

Brown stuff going to hit the fan big time in Hong Kong.

[poikka] 11/11/2019 22:02

Reasonable suggestion, but don't know where the sp's headed. All depends on China/US and what the US's big plan is - if they have one.

[gaffer73] 11/11/2019 17:37

6.6% divi??

[poikka] 11/11/2019 12:31

Meant to add that I don't intend buying back those I sold. Can't see any reason at all to buy them. Offers?

[poikka] 11/11/2019 12:28

The HK/China situation and the US/China trade talks.

I'm very wary of the market right now. I kinda doubt that the trade talks will result in anything of substance as the US, and most of the West, have belatedly come to realise that China's economic growth has come at the expense of the RoW.

In time, this might throw up an investment opportunity for the rest of the Far East (excluding China), India, and the US, as business migrates back from China. How China manages that is going to be interesting.

On the other hand, Trump might chicken out in favour of a trade fudge in the hope that it'd boost his election hopes.

My best hope is for the market to bounce along for a year or so, with the UK being a good bet.

Just my musings.

[tricky1992000] 11/11/2019 11:47

I wonder if the drop is down to the Hong-Kong China situation.

[gaffer73] 07/11/2019 21:03

Just held 600p, could do with another push tomorrow.

[andyadvfn1] 07/11/2019 15:30

And then some bad news about Bank of England warning HSBC spooks the market or more like some computer algorithm gets to work.

[andyadvfn1] 07/11/2019 10:45

Could well bob around in the short term, but longer term, US China trade talks resolution, hopefully it will climb steadily. In the mean time the divis are a great comfort.

[gaffer73] 07/11/2019 10:34

Will it hold??

[gaffer73] 05/11/2019 17:29

600p is proving difficult to break.

[pally12] 05/11/2019 15:01

Judging by previous broker recommendations probably time to buy

[zangdook] 05/11/2019 12:39

Is that an HSBC-specific pessimism, or are they expecting a general collapse?

[montyhedge] 05/11/2019 08:27

Berenberg have a sell today on HSBC target 490p. Quite a big downgrade.

[gaffer73] 04/11/2019 15:42

Looking good today, +600p finish?

[zangdook] 04/11/2019 14:15

I certainly got a cheque after letting my rights lapse in 2009.

[gaffer73] 02/11/2019 21:22

ffs feel free to work it out to the exact penny if you's two want to.

[ianood] 02/11/2019 19:16

Gaffer - in many case the unsubscribed rights are sold in the open market and the premium (if there is one) is divide amongst non-subscribers.

[gaffer73] 02/11/2019 18:42

You don't get a payment for lapsed rights. It's an option to buy that's all, you either do or you don't.