Hsbc Share Discussion Threads

[gaffer73] 17/8/2020 15:48

Don't suppose anyone expected a pandemic either though

[geckotheglorious] 17/8/2020 11:06

Highly unlikely?
The off balance sheet exposure of many banks is eye wateringly high.
The only way they wont go bust is mass bailouts(from money printing, which slashes the value of fiat money even further!)

[milliethedog] 17/8/2020 10:56

Re; Buffett
I see Berkshire Hathaway portfolio is over 36% invested in one company....Apple.
I bet he'd love to cash in a few of those right now , but once word got out that 'Buffett is selling Apple', it could cause a run on it....

M

[gaffer73] 17/8/2020 10:54

Highly unlikely Goldman Sachs is going bust, same for most UK banks too.

[geckotheglorious] 17/8/2020 09:44

Are banks at the bottom though?
Is Gold at the top either?

We stumble on through a debt crisis, with ever rising debt levels.
Banks are over exposed,especially on the derivatives side.

What makes you think many will not go bust?

[gaffer73] 17/8/2020 09:20

Sell banks at the bottom and buy gold at the top doesn't seem like a good idea, I wonder if dementia has got hold of him.

[geckotheglorious] 17/8/2020 09:03

and buys a shed load of Barrick Gold.....

[trader536] 15/8/2020 12:30

“Warren Buffett sold all Goldman Sachs shares last quarter as Berkshire Hathaway cuts holding in banks”

[dragonfoot] 14/8/2020 15:40

I reckon the action here will be driven by the US and its presidential contest. Trump will make lots of aggressive noises towards China, and US shareholders will slowly divest HSBC. Plus there will be tons of bad debt from covid-19 and lower levels of economic activity (ie a global recession) due to long-term changes in people's behaviour such as much lower attendance in offices, and lower rents coming from office buildings due to reduced demand.

The slower than expected recovery being reported by China is a possible early indicator of this.

I saw the recommendation from Goldmans as a pump and dump to help their bigger clients. I'm surprised it hasn't gone a lot higher. GLA.

[lisachan] 14/8/2020 14:45

Spread betting , 78% lost

[lisachan] 14/8/2020 12:17

May I ask how do you short shares in general? Thanks

[trader536] 14/8/2020 11:21

My short looking healthy, into the 200’s next year. Run your winners.

[imastu pidgitaswell] 14/8/2020 09:11

This sort of thing - a couple of heavy down days on the FTSE (100+ today) and HSBA not suffering the way it has over recent months.

Dunno - but thinking is along the lines of buying more here or hearabouts. Trouble is there are many other tempting candidates, and the newsflow for HSBA remains dismal.

[thegame86] 12/8/2020 13:25

It's a shame hsbc has fallen so low compared to other banks...its probably has the highest cash reserve and less likely to be impacted by brexit.

[imastu pidgitaswell] 12/8/2020 10:13

So three strong days in a row - going well from low 320s. Reassuring to see that buywell remains the ultimate contrarian indicator.

Theoretically the time to wade in properly (the purchase at 323 was just a 'holding' buy to lower the average - still quite light in these, relatively speaking) is on a pullback with a higher low. Only ever obvious in hindsight, but worth keeping watch - if it comes down again, maybe on a market plunge, but stops above 330, that would be the time to buy big.

Or not, as it's a bank, and anything can happen. I do like the Goldman Sachs plug though - normally they wait until it has doubled before coming out with the buy rec.

[watfordhornet] 12/8/2020 09:54

As soon as allowed to. Would never of stopped if the UK govnt had not told them to and will start again as soon as allowed.Went down really badly in HK and need to appease the investors over there

[spud] 12/8/2020 09:36

I bet they recommence Q1 2021.spud

[geckotheglorious] 12/8/2020 09:24

Late 2021/ Early 2022, if they ever do.

[bazzerhino] 12/8/2020 09:23

So when will hsbc start paying dividends again?

[jwafc] 11/8/2020 22:04

HSBC: Extremely Cheap

[ammu12] 11/8/2020 11:12

Bought some