Hsbc Share Discussion Threads

[suetballs] 22/2/2021 20:28

Totally agree Boystown - as a pensioner (just) dividends form an important part of my overall income.
However the recently received bus pass was free!
Suet

[boystown] 22/2/2021 20:03

I agree Suet, but the basic problem is that no-one likes shareholders.

Personally, I’ve worked for several decades, saving and investing my money instead of spending too much and have arrived at the situation where I can just about support my family on the dividends.

Because I’ve been sensible and foregone luxuries, I don’t qualify for any kind of benefits or furlough etc., but rely wholly on dividends from companies who can patently afford to pay them but which haven't been doing so - partly for good reason, but partly for political ones. After all, who wants to reward those self-seeking profiteering share dealers in this time of crisis?

Meanwhile, handouts to everyone else and unbelievably high salaries to execs have become the norm.

[geckotheglorious] 22/2/2021 18:54

For HSBC's fourth quarter update, UBS's Jason Napier said the key for investors would be the details around the lender's anticipated strategy refresh.

Its previous plan, unveiled in February 2022, had called for return on tangible equity of 10-12% by 2022, based on a common equity tier one target of 14-15% with the payout set at 51 cents per share, but buyback frozen until 2022.

As regards its financial performance for the three months to 31 December, Napier had penciled-in a decline in pretax profit to $2.01bn.

The seasonal slowdown in markets revenues, low level in the US dollar and HIBOR rates and loan provisions were all expected to have dragged on HSBC's bottom line.

For the comparable year ago period, the lender posted a pretax profit of $4.4bn.

Although Napier highlighted the uncertainty around estimates for loan loss provisions, he added that he expected the balance sheet to remain "strong", penciling in a year-end common equity tier one ratio of 15.0%.

Dividend payouts would nevertheless be limited by the curbs imposed by the regulator, Napier said.

[suetballs] 22/2/2021 17:47

Don't think I'll set my alarm for 4am tomorrow.
Suet

[spud] 22/2/2021 15:56

HSBC CFO Gets GBP147,000 Pay Rise -Sky News

22/02/2021 11:18am
Dow Jones News

Hsbc (LSE:HSBA)


Monday 22 February 2021

--HSBC Holdings PLC's Chief Financial Officer Ewen Stevenson will get a 147,000 pound ($205,976) pay rise when he takes on responsibility for the bank's transformation plans and mergers-and-acquisition strategy in April, Sky News reports, citing unidentified sources close to the lender.

--Mr. Stevenson's annual base salary will increase to almost GBP1.1 million from GBP950,000, and he plans to donate the first year's rise to charity, Sky News reports.

spud

[suetballs] 22/2/2021 14:49

panshanger you could be right.
But in any event I gonna wait until both my wife and I have had our first jabs.
Mine is imminent and and my wife sometime later.
Suet

[panshanger1] 22/2/2021 14:21

Suet Maybe 2 balls even before ?

[suetballs] 22/2/2021 13:35

I'm "super" bullish here too.
As I am for the ftse for the rest of the year.
And more importantly I can play golf on 29th March.
Suet

[supermarky] 22/2/2021 13:08

500 shortly imo

[supermarky] 22/2/2021 13:07

Asia is where all the growth is these days. I can see hsba share price about to go pop from here. It is certainly fully loaded to break out on the charts.

[spud] 22/2/2021 08:26

PRESS: HSBC Signals Asia Double Down As Executives Move To Hong KongSource: Alliance NewsHSBC Holdings PLC is moving some of its more senior executives to Hong Kong, the Financial Times reported Monday, as the Asia-focused lender moves away...spud

[ball deap] 19/2/2021 18:22

Do you really want to miss out??? This is going to go parabolic within weeks, 20 yrs of growth in 12 months.

[buy2sell1] 19/2/2021 18:10

wondering if I should buy ?

[geckotheglorious] 19/2/2021 17:04

We shall find out tuesday.
FY results, and , one expects, dividend resumption announcement

[jwafc] 19/2/2021 16:28

yep good shout, hopefully confirmed next week. Should provide good support if not a jump.

[spud] 19/2/2021 15:38

I've pencilled in 4x 3p worst case (although more probably nearer 5p in reality) payable from April.

spud

[spud] 19/2/2021 11:43

UK Judge Says HSBC Doesn't Need to Hand Over Documents Requested by Huawei CFO

19/02/2021 11:15am
Dow Jones News


HSBC Holdings PLC doesn't have to hand over banking documents requested by Huawei Technologies Co. Chief Financial Officer Meng Wanzhou as part of her effort to resist a U.S. extradition order, a judge in London's High Court said Friday.

Ms. Meng, who filed a lawsuit at the U.K. court, was arrested by Canadian police in 2018 on behalf of the U.S. Department of Justice, which has accused her in a criminal case of misleading HSBC about Huawei's business ties in Iran while the country was subject to U.S. sanctions.

spud

[ball deap] 18/2/2021 21:06

Hi suetballs, what do you think of BLM taking a holding?

[imastu pidgitaswell] 17/2/2021 08:06

True - the lower ones probably aren't. And on this the Asia thing on HSBA does tend to mean more gaps than most.

I don't really think they're a big issue - just that one of the previous posters here but mainly elsewhere, who is ridiculously deluded about his own brilliance (or lack of) has a particular thing about them, and being desperately immature as I am, I like to leave the odd wind-up behind...

[kaffee] 17/2/2021 07:29

"(Except there's now a big gap...)"

Gaps can't be in play on this one surely, if so, watch out for the ones down below at 3.10'ish and 2.80'ish.

[geckotheglorious] 16/2/2021 17:38

Cheers T2R
Wonder if the dividend will be reinstated.