Hsbc Share Discussion Threads

[pdriccio] 22/12/2023 06:57

EUROPEAN COMPANY NEWSCanada on Thursday approved Royal Bank of Canada's C$13.5 billion dollars acquisition of HSBC's domestic unit.

[factsandfigures] 21/12/2023 09:54

Coop Bank in advanced merger talks with Coventry Building Society

[pj84] 19/12/2023 21:17

Well worth a listen and an alternative view of when interest rates might start falling. It's only 6 minutes so not too long.

[pj84] 18/12/2023 00:58

BargainSniper I agree, and not so long ago my cash holdings had been close to 15%, as I was trying to wait for signs the UK market had turned (famous last words) but it looks like it has and I have been investing my cash over the past week or so.

So let's hope this is the start of a revaluation of the UK market even if AB and the Bank of England may again be behind the curve on the way down as they were on the way up with interest rates.

[spud] 16/12/2023 08:54

Agreed especially your last para.spud

[bargainsniper] 16/12/2023 07:50

PJ84,

Agree with your posts.

As inflation subsides i'm confident we will see the beginning of a seismic shift back into Uk equities which offer some of the best value of any World stock exchange.

This is a doubled edge sword for me as the longer the LSE is undervalued the more time i have to build up my holdings on the cheap before everyone starts piling back in again, akin to the property market 20 yrs ago.

[pj84] 15/12/2023 00:21

BargainSniper below are a couple of posts I made recently on the subject on the Abdn thread.

Let's hope 2024 starts to return some value to UK shares and that we have reached the bottom for the UK market.

PJ84 3 Dec '23 - 01:01 - 2579 of 2620

Can't recall the source but I remember recently reading that UK pension funds ownership of UK shares had declined to an historical low when they previously had owned a significant proportion of UK shares and the reality is that most BB's have just been a vehicle to allow pension funds to keep reducing there holdings in UK shares.

PJ84 3 Dec '23 - 02:30 - 2580 of 2620

I have also been reflecting on the above and the recent articles about the UK equity market being in a doom loop of decline which has clearly been the case over the past few years.

However, it should always be remembered that history shows that whenever there is a recession, depression or any major market downturn that when things seem bleakest, it is usually as the saying says, darkest before the dawn. The other well known saying is when the last seller has sold, that it is when the market turns. So if the UK pension funds have all but sold their UK equity holdings, so they can't sell any more. Then we might be closer to things turning around. If not lets hope the higher level of dividend payments from UK equities continues.

[bargainsniper] 14/12/2023 19:05

Overseas investors now hold a record high 57.7pc of the UK stock market, while the proportion of domestic shares held by UK individuals fell to just 10.8pc.UK equities have been unloved for some time now with institutional and private investors pulling money out of the domestic market. Jason Hollands, managing director at stockbroker Bestinvest, says: "It's no secret that ownership of the UK stock market by British insurance and pension funds has plummeted dramatically.Https://uk.finance.yahoo.com/news/foreigners-flock-london-stock-market-060000460.html

[supermarky] 12/12/2023 09:31

Looking good here for the santa rally

[bargainsniper] 11/12/2023 15:36

Nice Xmas present

[kiwi2007] 04/12/2023 20:48

Moody’s issues ‘negative̵7; outlook for global banking sector in 2024

Stephen Gandel in New York

Moody’s has issued a negative outlook for the overall global banking sector for 2024, citing a “deteriorating” operating environment, rising bad loans and the war in Israel as major problems ahead.

The credit ratings agency predicted the biggest sources of bad loans will be in Africa, followed by the Middle East. Among advanced economies, Moody’s said higher unemployment and lower consumer confidence could cause “problem loans” to rise sharply in the UK and Canada. The agency said China had been good at proactively managing its growing credit problems.

For the US, Moody’s said loan growth would slow, but it did not expect major loan losses. Like others, the credit rating agency said commercial real estate and the growth of private credit funds were areas to watch.

Moody’s also warned that “the military conflict between Israel and Hamas could yet negatively influence credit conditions through oil prices and market sentiment”.

[goodbuyexsell] 29/11/2023 15:42

I have noticed that whenever a company enters into buying back its own shares, its stock price falls not once but on numerous occasions.

[suetballs] 29/11/2023 12:23

Yep - gonna reinvest next month's divi.
Suet

[action] 29/11/2023 12:13

Divi next year appx 10%. Not bad

[garycook] 29/11/2023 10:00

Only down 0.251% in HK trade.59.500-0.150 (-0.251%)
At close: 04:08PM HKT ?

[suetballs] 29/11/2023 09:24

HK down 2%?
Suet

[action] 29/11/2023 09:12

Does anyone knows reason for drop today?

[pj84] 24/11/2023 10:57

HSBC joins banks in deep value territory as yield hits 10%

This year's dividend from Asia-focused lender is expected to double 2022's payout.

BY ALGY HALL, DANIEL GROTE

Shares in AAA-rated HSBC (GB:HSBA) are trading in deep value territory as the Asia-focused lender’s forecast dividend yield hits 10% for the first time since the global financial crisis.

HSBC, which owes its top Citywire Elite Companies rating to its backing by 14 top-performing fund managers, has joined a raft of other top-rated banks highlighted by our regular screen for deep value stocks.

That’s despite a creditable performance from the shares in a bad year for banks, after the collapse of US lender Silicon Valley Bank (SVB) in March sparked fears for the sector.

Shares in HSBC, which bought SVB’s UK arm following the bank’s collapse, have returned 27% in 2023, outperforming the FTSE 100’s other banks. Yet its forecast dividend yield of 10.4% over the next 12 months also trumps its London-listed blue-chip rivals.

That’s because HSBC’s rising forecast dividend yield is the product not of a falling share price, but increased dividend expectations.

Analysts expect the bank’s dividends to double this year to 64¢, up from 32¢ in 2022, with the bulk of those payments coming from 2023’s yet-to-be-declared final quarterly payout.

Those higher dividend expectations are driven by increased earnings forecasts. The bank has committed to a 50% payout ratio for 2023 and 2024, ‘excluding material notable items’. HSBC had previously targeted paying out between 40% and 55% of earnings.

HSBC’s dividend prospects have helped to cement the bank’s standing among income investors after the interruption to payouts during the pandemic. Three of the bank’s 12 Elite Investors run funds with an income focus.

The bank this year resumed quarterly payments, which had been its practice prior to the Covid outbreak. HSBC also plans to distribute a 21¢ one-off dividend from the proceeds of the sale of its Canadian banking business, expected to be paid early next year.

[mrthomas] 11/11/2023 11:12

be interesting to see how far its get below 500 and when the buying opportunity is again any thing below 585 . Alot depends on the M E and how far that gets out of control but we live in such uncertain times

[tygarreg] 09/11/2023 16:24

Whereas the remain/ rejoin lobby are funded directly or indirectly by?Oh yes the EU

[largeronald] 08/11/2023 16:42

I wouldn't take ANYTHING from the IEA as anywhere near correct.

Try asking them where their funding comes from.

[tygarreg] 08/11/2023 16:39

I don't think this guys conclusions are agreed by our writer in the original article so please don't take this guys conclusions as anywhere near correct

[zangdook] 08/11/2023 09:17

"UK goods exports rose by 13.5 per cent to EU countries and 14.3 per cent to non-EU countries between 2019 and 2022" not adjusting for inflation. Badenoch may be thick enough not to understand but people on here should know better.

Here are the inflation-adjusted figures:

[supermarky] 08/11/2023 08:24

I look forward to the BBC's version of the 'news' reporting this. Perhaps they will not have room in their news schedule.