Standard Chartered Share Discussion Threads

[my retirement fund] 30/4/2019 17:42

I think in reality this is worth north of £8 any day or the year so it makes perfect sense to buy back whilst its stupidly underpriced

[cc2014] 30/4/2019 10:22

Nice rise on the share buyback

[la forge] 30/4/2019 07:11

Standard Chartered PLC (STAN.LN) said that first-quarter pretax underlying profit rose 10% from a year earlier to $1.38 billion and that it would initiate a share-buyback program of up to $1 billion.

The Asia-focused bank said Tuesday its net interest income rose to $2.27 billion from $2.19 billion a year earlier. Operating income fell slightly to $3.81 billion from $3.87 billion, the company said.

"The global macroeconomic outlook remains uncertain but there were encouraging signs of improvement in sentiment towards the end of the first quarter," Standard Chartered said in a news release.

Income from Greater China and North Asia fell 2.4% from the year-earlier period, hit by "less buoyant conditions" in wealth management, the lender said. Lower income in South Korea offset continued growth in China. while income in Hong Kong was broadly flat, the bank said.

"Our first-quarter profit supports our belief that we will generate full-year returns of at least 10% by 2021," Group Chief Executive Bill Winters said in the statement.



Write to Chester Yung at [e-mail]



(END) Dow Jones Newswires

April 30, 2019 01:40 ET (05:40 GMT)

[cc2014] 17/4/2019 09:57

Going along nicely. 680 achieved. Next stop 700?

[jackdaw4243] 14/4/2019 20:29

So what do you go into after £7.50, BT.

[my retirement fund] 03/4/2019 15:30

750 is more than fair

[asagi] 03/4/2019 14:06

what is it price at now, 0.65 times tangible book? Profitable. Dividend paying. I might be being mean. It is still very cheap (but I reserve the right to sell at 689p).

Asagi (long STAN)

[cc2014] 03/4/2019 10:33

I'm after about 750 so that looks far more challenging

[jackdaw4243] 03/4/2019 10:25

Looks like you may get there

[asagi] 03/4/2019 09:52

I have a 689p target price to sell but I don't expect to get there without a pullback below 600p first :-(

Asagi (long STAN)

[cc2014] 03/4/2019 09:43

Lovely buy program running today. Was running yesterday too.

It's making a significant impact and driving the price up

[keyhole] 26/2/2019 15:44

^^^ Nah.. 15 cents final dividend (21c total).

No wonder STAN share price fell today.

[keyhole] 23/2/2019 21:03

I can't say that I'm too bothered. They've been riding 'good luck' for far too long, and bragging that somehow they were smarter than the rest of the world.

Regarding STANs 2018 final divi, any chance of a decent payment this time after 3 years in the desert...?

[jackdaw4243] 13/2/2019 14:18

Well in at £6.33 that should be the kiss of death, however tipped as a good hedge post Brexit.

[cc2014] 24/1/2019 15:27

The move happens whilst Draghi is speaking after the ECB rate announcement.

There are similar moves on LLOY and RBS and other stocks.

LLOY has come back the most, RBS is getting there, but the selling volume on STAN is too large at the moment.

[asagi] 24/1/2019 14:12

what a share. It rises to three month high in the morning and within minutes, turns around to be showing red on the day.

Asagi (long STAN)

[asagi] 18/1/2019 10:55

you know CC2014, I never knew that. Thank you for taking the time to educate us.

Asagi (long STAN)

[cc2014] 18/1/2019 10:22

It happens 3rd Friday every month auction at 10:10 for 5 minutes. Due to options expiry

[asagi] 18/1/2019 10:14

looks like it has gone into auction. Any ideas?

Asagi (long STAN)

[buywell3] 24/12/2018 17:11

Funny that nobody trades STAN much on advfn ... none the less its a bank and they are getting hit big in the states


USA markets sink after UK close ... no surprise there

Trump can't give in now over the wall


Like Dayy Crockett (Republican) , he is making his last stand

Give in now and the Democrats will walk all over him for the rest of his term

He won't be able to stand for another term as his supporters leave him

So we have a USA shut down

Whilst it lasts the USA Markets drop

Who would have thought DJIA would be hitting 22,000 so soon I wonder ?

[buywell3] 20/12/2018 15:58

From the BARC thread see below

FTSE 6050 should see STAN at 500p IMO



I said BARC 150p was coming last september

And guess what the FTSE 100 hits 6750 as stated ... time machines ?


buywell3 - 17 Sep 2017 - 11:12:09 - 123317 of 128950 ACTIVE BARCLAYS TRADERS CLUB - BARC
But the BARC chart has now commenced another leg down

The 3rd leg since 2013

A stronger pound is going to take the FTSE 100 down to 7100 next week IMO

More £ strength and more talk of the blonde bicyclist boris having a punt for pm post should take the FTSE 100 down to test 6750 support within the next month IMO

The UK property market is now dropping and a bigger fall will soon start making newspaper headlines within a month IMO

Banks won't want to see a UK property slump again , but because of their lending to BTL buyers and fuelling of increasingly ever higher folks living on the credit cliff edge ... they will be responsible for the fall , again .

FTSE 6750 should see BARC at 150p IMO

[buywell3] 19/12/2018 05:43

The USA is in deep doodo re its $22 Trillion debt pile


Over the 12-month period ended October 31 2018, the US gross national debt rose by $1.26 trillion, to $21.7 trillion.

Here’s who bought or shed this paper over those 12 months:

Foreign holders (official and private-sector) shed $125 billion, whittling down their stake to $6.2 trillion, or to 28.6% of the total US national debt.


US government entities (pension funds, Social Security, etc.) increased their holdings by $168 billion to 5.9 trillion. This “debt held internally” is owed the beneficiaries of those funds; it’s their money, invested in Treasury debt, and the US government owes every dime of it. They now hold 27.0% of the total US national debt.


The Federal Reserve shed $190 billion over the 12 months through October as part of its QE Unwind, reducing its pile to $2.27 trillion by the end of October, or to 10.5% of the total US national debt.


American institutions and individual investors increased their holdings by $1.41 trillion, directly and indirectly, through bond funds, pension funds, and other ways.

Banks are very large holders of Treasury debt. Together, all these entities combined owned the remainder, $7.37 trillion, or 34% of the total US debt.

[buywell3] 23/11/2018 08:40

buywell3 19 Aug'15 - 11:46 - 1982 of 2105 0 0 edit


free stock charts from uk.advfn.com

[cc2014] 23/11/2018 08:21

RNS says they are thinking of a share buyback.

i think they've lost the plot.

Dividend currently 17 cents. Used to 86. Perhaps they should start with the dividend first.