Standard Chartered Share Discussion Threads

[mo123] 24/9/2021 08:28

Only trading this one at the moment Qantas. Sold all yesterday, mainly due to the risks associated with the domino effect . Bonds from other developers inc. R&F and Sinic have been sold off recently.

[qantas] 22/9/2021 11:17

well done mo

[mo123] 22/9/2021 08:32

Bought a few of these this morning after China's central bank injected 90 billion yuan ($14 billion) into the banking system. Shows that they want to be supportive and are willing to step in if req.

[mo123] 20/9/2021 10:09

Contagion spreading as New World Development in HK took a bit of a pasting. Question is, how much do banks still have invested in the real estate sector or have they sold off most of their equity/bond holdings?
Ping An, Chinas biggest insurer also took a sizeable hit.

[mo123] 16/9/2021 09:14

Hi Qantas, I was principally concerned about contagion and systemic risk where we don't know the exposure of any bank. Ie in the bond and credit derivatives market. That's why I'm waiting for a fuller picture to emerge.

[qantas] 10/9/2021 09:11

Mo

These are Evergrade Bankers.



Please do your own research as always.

[mo123] 09/9/2021 09:28

It may be minimal but having read that the bank has some exposure to Evergrande, will wait for a lower share price or until full facts are known.

[qantas] 07/9/2021 15:55

Analysts at Berenberg reiterated their 'buy' stance on shares of StanChart, telling clients that low global interests were masking volume growth and hence the shares had become undervalued.

The low interest rate environment had contributed to a 6% year-on-year decline in StanChart's revenues over the front half of 2021, despite positive volume growth of about 5.0%.

In parallel, StanChart's costs had been broadly flat and Berenberg expected the lender's continued investments would support low cost inflation.

Indeed, "with these affects having now fed through, Standard Chartered is experiencing net interest margin stability that we expect to continue - with scope for expansion as liquidity is optimised (particularly if yields rise)," the analysts added.

The analysts estimated that the lender could now grow its revenues by 9.0% over the back half of 2021 and by 5.0-6.0% beyond that.

Furthermore, with a common equity tier one ratio of 14.1% - above management's 13.0-14.0% target range - and a capital-light business model, Berenberg said StanChart could continue to support "attractive" capital returns of approximately 8.0% annually.

Berenberg also kept its target price for StanChart's shares at 630.0p, which valued the lender at 0.7 times its tangible book value, against the 0.5 times TBV they were changing hands on now.

Please do your own research as always.

[ball deap] 25/8/2021 23:30

Bull run time?

[action] 22/8/2021 11:23

Must be abuying time As Mr Well is on board.

[ball deap] 07/8/2021 15:36

The divs are the only thing holding this back , akin to HSBA really, I got a really good div off them last time. They need to give a div to lift the lid fully. I've heard that it won't be long, everything is still in motion.

[qantas] 28/7/2021 11:37

Barclays rallied after it smashed first-half profit estimates as it released £700m in impairments, resumed dividends and announced a £500m share buyback. The bank reported pre-tax profit of £5bn for the six months to June 30, well above the consensus forecast of £4.1bn, and up from £1.3bn.

[qantas] 26/7/2021 09:29

"Barclays, Lloyds Banking and NatWest all report after their US counterparts provided clues on what to expect having reported earlier this month. In particular, there could be further large releases of impairment provisions as economic recovery has proved stronger than expected, lessening the levels of bad debts. For those with an investment banking operation, there could also be a further boost to earnings given the heightened levels of M&A activity and IPOs. In any event, given that the banks are each strongly capitalised going into the numbers, strong earnings could prompt further dividend increases, particularly with the regulatory shackles having been lifted.

Please do your own research as always.

[coxsmn] 21/7/2021 06:57

back to March 2020 lockdown levels

[action] 19/7/2021 09:41

Wow below 430p..

[porsche1945] 14/7/2021 17:20

What a steaming pos U.K. bank shares have been, are and always will be, cxxp businesses listed on the dog index of the world in a basket case self harming country with a perma tanking currency ( down 11 years in a row against usd ). Own these from back in the day, gonna dump them and buy US growth. Sxxt company.

[coxsmn] 13/7/2021 08:04

https://www.bbc.co.uk/news/business-57816482"The BoE also announced that, given the health of the system, it was removing pandemic-era curbs on dividends from HSBC, Barclays and other top lenders with immediate effect on Tuesday. The report said its stress test showed the sector was well capitalised to cope with a return to dividend payments."

[action] 25/6/2021 13:45

Is it time to buy this now or wait for 430p

[mystericon] 09/6/2021 23:02

I was recently reading a book on the financial system which said Standard Chartered has long had a structural issue in trying to match its sterling liabilities against its foreign-currency assets. This struck me as odd because it suggests the bank, which doesn't take deposits in the UK, is denominating many or all of its accounts across the rest of the world in sterling, since it's the accounts which on the balance sheet are the main source of its liabilities. So is this claim correct and is this a long-term problem for Standard Chartered, exposing it to considerable translation risk depending on exchange rates? Anyone able to shed light on whether this is true and if so is it holding back this particular bank's shares?

[justsaying] 02/6/2021 08:12

bought this share at 13 and have continuously hammered since. Been a right off for me. Banks are lost cases to me

[ball deap] 01/6/2021 23:44

Stan lagging behind in its upward momentum, the share buy back is positive but looking at LLOY a div seems to be the remedy. This really is a buying opportunity for the long traders. Stay long, you will be rewarded.

[brucie5] 30/4/2021 16:44

That would close the gap.