Standard Chartered Share Discussion Threads

[yaahoon 4 insurance] 07/8/2012 10:36

Short till 950p.

[ukjerry] 07/8/2012 10:33

How is it that the shares are not suspended - would this not be normal in the face of such evident volatility?

You have to wonder that, given yesterday's UK close at over £16, whether there was not some terrific shorting going on overseas yesterday which required news such as this to pull off....

[mazarin] 07/8/2012 10:24

"Bit of a mess, eh - Stan?" But not so 'nice' for holders!

[gorilla36] 07/8/2012 10:16

Extrader - The reality check is that the share price is down 20% whether the claim is true or not. It will be years before the claim is proven or otherwise, by which time investors/traders will have moved on.

[lab305] 07/8/2012 10:11

Has trading stopped ?

[miata] 07/8/2012 10:08

Before this fall STAN's market capitalisation was only 2% of the FTSE100, so funds can afford to carry the risk.

[phillis] 07/8/2012 09:54

buy when there is blood on the floor

[rayrac] 07/8/2012 09:54

I would love to see the real trading book here! A queue as long as your arm, trying to get out. They can't afford to carry the risk, those funds I mean.

STAN are in the top ten of most of their holdings.

[essentialinvestor] 07/8/2012 09:40

"... truly yours, your biggest fan
This is Stan..."

[rayrac] 07/8/2012 09:38

Not doing institutional funds much good though, ie, Pension funds, Unit Trusts and OEIC's. All belonging in some way to you and me!

[ny boy] 07/8/2012 09:38

Just a Yankie "witch hunt" on foreign banks!

[miata] 07/8/2012 09:35

Large trades this morning:

Time Price Quantity Type Bid Offer Buy/Sell Total Buy Total Sell Total Unknown
07/08/12 08:05 1260.0 3,729,081 UT 1260.0 1283.0 Sell 0 3,729,331 0
07/08/12 08:10 1258.0 267,679 O 1250.0 1251.5 Buy 2,861,386 6,277,451 12,532
07/08/12 08:25 1205.69 200,505 O 1199.5 1200.0 Buy 6,525,737 10,248,328 12,532
07/08/12 08:10 1266.5 200,000 O 1250.0 1252.0 Buy 2,517,689 6,078,356 12,532
07/08/12 08:06 1282.0 103,099 AT 1282.0 1284.5 Sell 231,494 3,993,274 5,994
07/08/12 09:15 1244.88 100,000 O 1239.5 1240.5 Buy 12,410,839 15,794,190 20,230

Lowest recent close on 4th October 2011 was 1202p.

[ny boy] 07/8/2012 09:02

You would be pretty naive to think the majors weren't involved in billions, probably trillions of dubious funds sloshing around the globe lol

Didn't billions of Kazak monies pour into Dubai banks over the last 5yrs? etc

[ny boy] 07/8/2012 08:51

The damage has been calculated at about £1.50 a share so hardly a big deal, yanks need that fine to prop up NY state ailing economy lol!

Swings & roundabouts, a few heads roll and some muttering about foreign licences by the Yanks being talked about but won't happen as everyone needs everyone else. Iranians will be cordially invited back later down the road.

We move on.

[henley2] 07/8/2012 08:51

So where did you dream the $2bn profit figure from?

[buywell2] 07/8/2012 08:43

The Banking Sector Story just keeps on getting Worse

So the STAN profits have come from Iran

The USA will either hit them with a $1 Billion fine

Take away their USA Banking Licence

Or do BOTH to make an example

One would imagine American Financial Institutions will be loathe to do future business with STAN

Plus a drop in yearly profit from IRAN transactions of say $2 Billion

[buywell2] 07/8/2012 08:41

So the STAN profits have come from Iran

The USA will either hit them with a $1 Billion fine

Take away their USA Banking Licence

Or do BOTH to make an example

One would imagine American Financial Institutions will be loathe to do future business with STAN

Plus a drop in yearly profit from IRAN transactions of say $2 Billion

[ny boy] 07/8/2012 08:40

Good buy imho down £10-11 but no real rush.

[abcd1234] 07/8/2012 08:39

shorterm, the stan HK close in 20 mins will be interesting

[highlyirrational] 07/8/2012 08:36

Innocent until proven guilty m`lud

[montyhedge] 07/8/2012 08:27

Below £10 this is very serious.

[abcd1234] 07/8/2012 08:26

thru 12.....