Hsbc Share Discussion Threads

[hutchmeister] 07/5/2024 09:33

Great timing for the share buy back to start - Tomorrow

[hutchmeister] 05/5/2024 12:24

Thanks Gary - I worked out about 3.6% so aligns with your thoughts of around 25p

[frreeves] 05/5/2024 11:28

Sorry for asking but how do Hong Cong cents convert into uk pence?

[garycook] 05/5/2024 09:49

Around 25p. But could be a bit more than that depending on market sentiment.

[hutchmeister] 05/5/2024 08:14

Does anyone know what the expected price drop will be on ex dividend day?

[igoe104] 04/5/2024 07:19

Then they would probably move there HQ to China costing thousands of uk jobs, you muppet..

[hellscream] 04/5/2024 04:28

should be paying windfall taxes like some other sectors have to. making more money than them too.

[geckotheglorious] 03/5/2024 09:11

"Berenberg: HSBC is undervalued"
HSBC (HSBA) has published better than expected results, yet the banking giant remains undervalued, says Berenberg.

Analyst Peter Richardson retained his ‘buy’ recommendation and increased the target price from 800p to 830p on the Citywire Elite Companies AAA-rated bank, which rose 1.3% to 706.6p on Thursday.

First-quarter results from the group were ‘systematically stronger than expected’, said Richardson, with trends in net interest income and expenses being ‘particularly reassuring following somewhat disappointing guidance during the bank’s full-year 2023 results’.

‘This relief was also complemented by continuing momentum in the bank’s wealth business and an unexpected increase in the quarterly buyback to $3bn,’ he said.

‘Trading on one times tangible book value, we believe that HSBC’s sustainable return on tangible equity of 14% and long-term growth and capital return prospects remain undervalued.

[martyre] 02/5/2024 13:50

Any idea when the buyback is starting?Would make sense if it starts when HSBC goes ex dividend

[porous lover] 02/5/2024 08:59

Fantastic to finally re-breakthrough 700 barrier. This has been a tremendous investment over the past 2 years with strong yield. $0.82 divi this year?

[tuftymatt] 02/5/2024 07:39

So far so good as we are now a week away from ex divi.
Locking it in and holding onto 700 would be a fantastic place to be I think.

Good luck all 👍🏻

[skinny] 01/5/2024 11:36

FWIW :-

Barclays raises HSBC price target to 750 (740) pence - 'equal weight'

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Berenberg raises HSBC price target to 830 (800) pence - 'buy'

[dudishes] 01/5/2024 00:07

Short 695, rumbles!

cheers

[jsforum] 30/4/2024 17:40

Well today went better than expected might we see the share price at 800p plus this year?

[supermarky] 30/4/2024 11:52

xd 9th May 2024

[mister md] 30/4/2024 11:50

Another +4% gain today after a strong run, plus the dividends to look forward too.

[spud] 30/4/2024 10:35

HSBC beats expectations in first quarter earnings; CEO Noel Quinn to retire

Revenue came in at $20.8 billion, up 3% from the same period a year ago and compared with the median LSEG forecast for about $16.94 billion.

Pretax profit in the January to March period came in at $12.65 billion, falling about 2% from a year ago when profit before tax came in at $12.89 billion.

HSBC has approved a first interim dividend of 10 cents per share, as well as a special dividend of 21 cents per share.

spud

[skinny] 30/4/2024 09:43

Meanwhile, that's a 5+ year high @694.50p.

[martyre] 30/4/2024 09:32

I think it more likely BRICS countries coming up with a gold backed currency to replace the US dollar.Countries are fed up with financial sanctions imposed by a debt ridden US Congress. The decline of the dollar since they came away from the dollar being backed b gold in 1971 is inevitable.

[supermarky] 30/4/2024 09:16

700 coming...and then i read this this morning:https://www.telegraph.co.uk/business/2024/04/30/china-launches-gold-buying-spree-amid-fears-o/

[hutchmeister] 30/4/2024 08:30

Plenty of reasons to be happy ?