Hsbc Share Discussion Threads

[geckotheglorious] 03/12/2020 15:03

Spud,

Free 50p top slice in my offering for you as well :)

[spud] 03/12/2020 14:40

Too cheap imo. I've a top slice target of 600p.

spud

[geckotheglorious] 03/12/2020 14:23

Looking positive.
So, who wants mine at 550p/sh? :)

[spud] 03/12/2020 13:59

Almost worth missing a dividend to witness that....

spud

[largeronald] 03/12/2020 13:25

Yeah - and monkeys might fly out of my butt.

[my retirement fund] 03/12/2020 13:16

I assume they will be back dating the missed ones too?

[supermarky] 03/12/2020 11:45

ftse100 approaching major resistance from earlier on in the year mind

[supermarky] 03/12/2020 11:43

looking good to ride the wave of happiness

[ball deap] 03/12/2020 02:12

This is going to go absolutely parabolic soon. 500p in sub 10 days. DYOR AHS

[justiceforthemany] 02/12/2020 23:00

Treasury yields continue to rise - good for banks.

[montyhedge] 02/12/2020 13:12

If they resume paying quarterly dividends, this will fly.Income funds, income investors who have shunned HSBC will come back in droves.

[imastu pidgitaswell] 02/12/2020 09:05

Start of the move clear of 400 (should be...) or one more revisit?

Anyone short of this?

[ball deap] 01/12/2020 21:29

Don't be fooled this is a classic tree shake manoeuvre. When I worked at my old house it was a normal strategy to shake out the hangers on who don't deserve their shares at low prices.

[spud] 01/12/2020 17:45

Goldman Sachs: 'The UK is a buy'

Goldman Sachs (GS) has become the latest investment bank to turn bullish on the UK.
In a note published on Tuesday titled “Why the UK is a buy,” analysts on Goldman’s portfolio strategy team urged clients to buy UK stocks and go long on the pound.

Analysts based the call on assumptions of a last minute, “skinny” free trade deal being struck with the EU and a strong rebound for the UK economy next year.

Goldman predicted UK GDP will bounce back by 7.1% in 2021 — much more than the 5.5% growth forecast by the UK’s Office for Budget Responsibility and above the OECD’s expectations of just 4.2%.

If Goldman’s sunnier forecasts come to pass, the bank thinks it will spur UK domestic stocks, such as house builders, higher and send the pound soaring. Analysts said sterling could climb as high as $1.44 next year (GBPUSD=X) — 8% above its current level.

Goldman Sachs is the latest investment bank to turn positive on the UK market, which has underperformed international peers for years. Morgan Stanley (MS) has made the UK stock markets one of its key investment calls for 2021, while Citi (C) recently urged clients to make an “aggressive” short-term bet on the British market. Experts at UBS (UBSG.SW) have also been talking up the UK.

“Overall, we position the UK as a most preferred market, and our price target for the FTSE 100 is 6,800 by June 2021,” said Caroline Simmons, UK chief investment officer at UBS Global Wealth Management, said on Tuesday.

The FTSE 100 (^FTSE) was trading at 6,386 on Tuesday, implying UBS sees a possible 6% rally over the next six months.

The MSCI UK equity market has already risen by 10% over the past month, outperforming global markets by 3%.

“The UK equity market has further to go,” Simmons said.

Bullish calls for UK stocks are largely being driven by mechanical concerns rather than fundamental optimism about the UK economy. Britain suffered one of the largest economic collapses of any developed nation in 2020 due to COVID-19. Analysts say the large fall means a large upswing is likely next year as vaccines are rolled out.

The economic collapse has hit stock prices and the larger fall means UK shares now have more headroom to bounce back than international peers, most of which fared better through the pandemic.

Analysts say a resolution to Brexit trade negotiations will also remove uncertainty. That should clear the way for more money to enter the UK, particularly through currency markets. The deadline for Brexit trade talks to conclude is 31 December, when the Brexit transition period ends.

spud

[geckotheglorious] 01/12/2020 12:52

30p for next year, a spike in HSBC, I'll be selling 550-600p :)

Hope you're correct divi side Spud.

[montyhedge] 01/12/2020 11:49

I think your right 7.5p per quarter.

[spud] 01/12/2020 10:26

I've 30p pencilled in for next year - No official confirmation, just a gut feel. spud

[karv1] 01/12/2020 10:08

Hi, I joined last night again, am I living in fairyland hoping for the old 51 cents dividend still? has there been any news on the dividend? The last I heard it was not going to be a token payment depending on the BOE and the situation during the first quarter. This was some time ago.

[imastu pidgitaswell] 30/11/2020 21:01

End of the month after the largest monthly increase ever - was always possible.

[undervaluedassets] 30/11/2020 17:30

market (FTSE100) collapsed some 60 points in the last minute of trading..

I have never seen that

[watfordhornet] 30/11/2020 08:26

Losing Charlie Nunn is a big blow. Surely identified as next CEO material

[ball deap] 29/11/2020 20:01

That should be 560p

[ball deap] 29/11/2020 19:59

Oh yes. My sack is full to bursting. Like I've been advising get go fill it up. Unload your sack late spring 2nd quarter. 56p short term, then 56p , 59p divs after 66p 4th quarter.

[galeforce1] 29/11/2020 13:32

I can see that it's tempting for them to get out of what Porsche1945 rightly calls the "over regulated brexit basket case U.K".