Standard Chartered Share Discussion Threads

[my retirement fund] 30/10/2017 11:52

When they going to resume dividends?

[keyhole] 03/8/2017 13:25

I wouldn't be at all surprised if the Chinese made a bid for STAN before the divi is resumed. They like to acquire established outfits that are doing good business in 'their neck of the woods'.

[topvest] 02/8/2017 21:00

Cerrito - good post and I would agree with your comments. Looks like a reasonable investment at these levels. Hopefully, a dividend policy is not too far away.

[cerrito] 02/8/2017 18:20

Decent results foreshadowed by the Q1 IMS but I am not surprised by fall in share price as I think that the price had rather got away with itself and indeed I wish that I had sold more than I did last week. I was not expecting a dividend..I think it realistic to expect a token one to be declared next year for 2017.
Note that Tangible NAV per share is 1203p ie they are trading at a 35% odd discount. Note also that yesterday HSBC announced a TNAV of $7.73 or £5.8 ie with the HSBC share price at £7.6, HSBC’s are at a 30% premium; on this rather crude matrix for me STAN slightly undervalued ref HSBC.
Other points
I note they are the first bank to offer video banking in HK and cannot recall seeing that service offered by any bank here in the UK
I see that H1’s NIM at 1.6% was the same as H1 2016
For me good to see further increase in CET1 and fact that already exceeds the BOE non binding indicative MREL for 2022.
Was expecting to see comment about expenses for compliance etcet bit if they were there could not see them.
For me shares seem pretty fairly valued in the £8 area

[calabrian] 02/8/2017 16:34

Bought into STAN at 1625 today. Don't mind waiting for the divi.

[keyhole] 02/8/2017 10:37

HSBC has shown that recovery AND dividends can be achieved.

"HSBC has paid out around $10 billion a year in dividends in the last four years, while StanChart cut payouts since November 2015 to focus on restructuring".

[smurfy2001] 02/8/2017 09:58

No dividend stinks.

[saltaire111] 02/8/2017 09:15

No Divi. Market wanted Divi restored and it doesn't like being let down like this.

Quite a good time to get back in though, if you've been on sidelines.

Salty

[gucci] 02/8/2017 08:43

thank you

what happened today - results read ok

[tpaulbeaumont] 26/7/2017 01:19

gucci my model, has a historic margin of error of about 1% on this share though and there are levels above 960 should it really get motoring :)

[stoxx67] 25/7/2017 11:46

dont see 870 or 960

£10 quite an easy spot, IHS pattern

[gucci] 24/7/2017 14:34

where do you get the targets from tpaulbeaumont?

[tpaulbeaumont] 24/7/2017 10:51

dunno about that, theres 870 and 960 next up on my screen :)

[3rd eye] 20/7/2017 10:10

STAN Standard Charted Bank...........on the brink of a breakout. A lot of business done with China and Japan here. If it breaks out, not much resistance on way up to 1000p. Looks rather encouraging.



5 Year Chart

[keyhole] 12/7/2017 20:42

When will our dividends return?

[stoxx67] 12/7/2017 06:50

£10 target on a Technical play.

[qantas] 30/6/2017 17:35

Buffett About to Reap $12 Billion Profit on Bank of America Bet

Please do your own research...

[qantas] 14/6/2017 23:18

hxxp://invezz.com/news/equities/26283-Standard-Chartered-share-price-Group-looks-to-expand-US-presence-

[qantas] 30/5/2017 10:15

Latest broker views
Date Broker New target Recomm.
30 May Goldman Sachs 950.00 Buy

[qantas] 23/5/2017 14:32

Date Broker name Goldman Sachs
Old price target New price target Broker change
23-May-17 £10.00 £9.50 Buy Reiteration

Please do your own research...

[4spiel] 11/5/2017 08:43

Much better bank than Lloy

[qantas] 01/5/2017 16:05

AGM WED 03MAY17 11:00 AM



Standard Chartered
Notice of Annual General Meeting 2017

SCRIP Dividend
Resolution 19 is regarding the renewal of the authorisation for
the Board to offer a scrip dividend to shareholders.

[stoxx67] 26/4/2017 12:43

i'd very much like to see this back at £18 over the next 5 years, so would my portfolio and SIPP .

banks will be back en vogue at some stage.,