Hsbc Share Discussion Threads

[crontab] 02/3/2005 12:20

UB81 needs to hold at this level. I think it should, as long as we don't have bad NFP on Friday. But then, it's only Wednesday....

[gonnabuildmeahouse] 02/3/2005 11:26

errr.... quite.

[crontab] 02/3/2005 11:13

a little premature

[gonnabuildmeahouse] 02/3/2005 10:00

The clouds are parting

Gbmah :0)

[crontab] 02/3/2005 09:58

my goodness - is that some blue I can see?

[gonnabuildmeahouse] 02/3/2005 08:06

Hope so!!!

Gbmah :0(

[crontab] 01/3/2005 14:00

Well the worst should be behind us now, unless we have a bad day in the US.

[delboyoo] 01/3/2005 12:51

gone long....854

[psps] 01/3/2005 10:36

if this support line breaks then down to 820p (IMO)

[crontab] 01/3/2005 10:10

Bang on support line through Jan 2003's low.

[crontab] 01/3/2005 09:44

Well the UB81 RSI approaching 30 now so we should see a bit of respite in the next few days for some of these battered bank stocks. Providing Friday's NFPs aren't a disaster this should be back above 900 in a month's time, I should think.

[monty burns] 01/3/2005 09:25

Must admit I don't use published ones - I always work them out for myself, usually with market value including debt (enterprise value - although not really appropriate for banks) and profit after tax - ie absolute numbers rather than numbers per share. Also helps to get behind the headline numbers and exclude exceptional gains/losses.

I think this just a healthy pullback/hedge fund exiting - seen it on BARC and RBS after their results (although not yet the return up....)

[crontab] 01/3/2005 09:16

Will look at RBS, see what I find. Where do you get your p/e figs? BTW I'm not implying they're not correct; I'm just looking (have been looking for a long while really) for a reliable source that I can use with confidence to benchmark different stocks. Everywhere I look they're always wildly different, which is less than helpful.

As I write I see we've tested the 860 support, poked beneath to take the stops. I see either here as the floor, or maybe 848/849.

[monty burns] 01/3/2005 09:09

yeah, but RBS - PE of around 10 (excluding Natwest goodwill amort). Both now world banks, rather than UK banks. So as HSBC is the most expensive, there should (?) be some relative underperformance.

RBS cheap or HSBC expensive in absolute terms? The former methinks, as I'm long on RBS. HSBC is great, but just think RBS is cheaper. We'll see.

[monty burns] 01/3/2005 08:17

Don't forget tax - the 'E' figure is Profit after Tax (and minority interest)

Yesterday's $17.6bn is pre-tax? - then convert to £ and that's your number.

[stardream] 01/3/2005 06:52

well they are cheap at this price, so hopefuly some good upside to come over the next month. ill watch and increase my stake today.

[maywillow] 28/2/2005 18:21

LONDON, February 28 (newratings.com) - Analysts at Dresdner Kleinwort Wasserstein maintain their "buy" rating on HSBC (HBC1.FSE). The target price is set to 980p.

In a research note published this morning, the analysts mention that the company has reported its FY2004 results in-line with the consensus and marginally short of the estimates. The shortfall during the year was on account of HSBC's higher-than-expected bad debts and lower-than-anticipated other non-interest-income, the analysts say. The analysts add, however, that HSBC's revenue growth during the forthcoming few quarters is likely to be above-average due to the growth prospects of the company's consumer finance segment globally.

[martinlewisdavey] 09/12/2004 14:49

tomorrow I think.

[gjb] 09/12/2004 10:42

Anyone know if HSBC are issuing a trading update prior to their year end ?

RBS have announced an upbeat trading statement today which may bode well for HSBC.

[21up] 05/12/2004 22:11

Bloomberg money.Hilary Cook has it as a buy

[brain smiley] 17/11/2004 16:53

fast drop in last hour and half...934 to 919.

ANyone heard why ? Doesn't luck good.

[zulu001] 11/11/2004 10:44

New highs. Steaming ahead nicely.

[zulu001] 09/9/2004 09:01

In Hong Kong Banking stocks were lower, tracking the overall market trend, despite expectations that local banks will raise interest rates soon, pressured by continued outflow of capital from the city's interbank accounts recently amid a further widening spread between the US and the Hong Kong interest rates.
"The rate rise, if it happens, won't be significant and is likely to be done
on a gradual basis," Kim Eng Securities senior sales manager Simon Tam said.
HSBC was down 0.5 hkd or 0.41 at 122 hkd.