Hsbc Share Discussion Threads

[jusjusjus] 17/5/2024 10:25

might just be a threat after being rebuked on their action to break the bank up

[martyre] 17/5/2024 10:15

Looks like Bloomberg got this information unofficially.Ping can not be happy as if they are trying to offload an 8% stake in HSBC,the last thing they want is for the share price to fall.As their stake is not a forced sale, the share price should recover as the fall was more of a panic reaction.

[jusjusjus] 17/5/2024 08:00

suet - no, Morgan Stanley are managing the buyback, with independent authority to make the trading decisions, but don't see why MS can't buy them though, it's still the "market"

[tuftymatt] 17/5/2024 07:29

Nice opening considering the large seller news.

Would hope some sort of mop up deal could be done ref the above question but I am not certain.

Good luck all 👍🏻

[suetballs] 17/5/2024 07:24

Can the company buy direct from Ping as part of the buyback?
Suet

[jusjusjus] 17/5/2024 07:05

good source for the share buyback programme!

[action] 16/5/2024 21:55

Looks like we may be able to buy again around 600p. GLA.

[spud] 16/5/2024 20:01

Interesting, thanks. spud

[paulstills] 16/5/2024 19:33

https://www.bloomberg.com/news/articles/2024-05-16/top-hsbc-shareholder-ping-an-exploring-ways-to-cut-13-billion-stake?embedded-checkout=true

[action] 16/5/2024 19:30

Still surprised to see share price drop from 712p to 685p . Anyone knows why?

[skinny] 16/5/2024 15:29

ADVFN - yield quotes are worthless these days - since the site was revamped, many financial bits are totally misleading.

[action] 16/5/2024 14:56

Sudden drop

[august49] 09/5/2024 18:22

That makes more sense.
Thank you PJ

[pj fozzie] 09/5/2024 16:22

Have no idea what you're not seeing as I don't know which bits you are, however, this site might help you see a more complete dividend picture:

Cheers,
PJ

[august49] 09/5/2024 15:05

Sorry if this seems a simple question but can somebody please explain why on ADVFN under 'financials' it is showing a dividend of 1.15% whilst post 121 aabove says it pays 10% and I have noticed other people saying its a very good dividend. What am I not seeing. Thanks for any guidance.

[pj fozzie] 09/5/2024 11:33

Bother! Forgot about ex-div. Fingers crossed for a close back above £7

Cheers,
PJ

[hellscream] 09/5/2024 11:11

10% dividend not enough? lol talk about greed.

[martyre] 09/5/2024 09:41

The share buyback commenced yesterday with 3 million plus shares purchased for cancellation.If this level of share buyback continues on a daily basis, then I expect the share price to be back to well over £7 and possibly increased dividend payments.

[tuftymatt] 09/5/2024 09:16

Yeah it's 31 cents so that's about 25p at 1.25 $ to the £

[igoe104] 09/5/2024 09:10

31c dividend more like..special dividend included as well as a Q4 one...

[richardbroughton] 09/5/2024 09:08

How do you work that out? 8p dividend, 27p drop?

[tuftymatt] 09/5/2024 08:52

About the right kind of drop this morning in my opinion so I remain a very happy holder.

Good luck all 👍🏻

[paulboz] 08/5/2024 22:07

It'll probably be under £7 tomorrow when it goes ex div....

[pj fozzie] 08/5/2024 21:07

I bought my first HSBC shares, in my ISA, in the autumn of 2013. 948 shares at £6.69.

I proceeded to top up my holding, every now and then - my cheapest purchase at £4.28 a share, my most expensive at £7.01

I was too scared to buy when the price was in the £3.xx range and hats off to anyone who bought when the price dipped briefly below £3.

However - I am delighted that finally the price is now higher than every purchase I've made, may this bull run continue and sub £7 be a thing of the past.

Cheers,
PJ

[geckotheglorious] 08/5/2024 20:00

Frreeves


1.00 British Pound =
9.7680591 Hong Kong Dollars