Standard Chartered Share Discussion Threads

[miata] 10/8/2012 09:18

"Probably sit around these levels", intraday it won't sit still.

[skinny] 10/8/2012 09:16

Probably sit around these levels (general market apart) until something concrete is announced. Volume is nearing "normal".

[buywell2] 10/8/2012 09:08

Well it was still rising

But it has stopped

Where will the next low be ?

[miata] 10/8/2012 09:07

Coming down towards range for a punt.

[philo124] 09/8/2012 19:47

Stan should definately file a suit, they would have nothing to lose from this action and shows strength; any fine that Stan might have to pay could be more than offset by the disgraceful libel of a great institution or settled
out of court to save the US major embarassments.

[miata] 09/8/2012 19:10

"One solution to the problem is for transactions from Iran in future to be denominated in sterling or euros rather than in dollars. That way they would not have to be processed in New York. And America will be the loser."

[miata] 09/8/2012 16:48

Narrow range for tomorrow:
R1 1389
PV 1354

[ian davenport] 09/8/2012 11:15

keyhole - im with you on all counts - long term investor, would like a Chinese take out at £20
my point was you were commenting on no one posting - its not as if you had been fighting a lone fight to keep the thread busy - basically , most of us only post when there's something to say , and most of that "most" , only when there is something sensible to say!

[mike24] 09/8/2012 10:39

These US paranoid conspiracy theories,
end up becoming self inflicting financial disasters which
have intensified since 9/11

whilst they are busy bashing the brits, there missing the
"New Emerging-Market Multinationals" and flogging valuable
brands such as LR/Jaguer which take decades to build from scratch

[miata] 09/8/2012 10:26

Whilst we hover around R1, the technicals say that is unlikely today.

How much? :

[wsgrocksit] 09/8/2012 10:15

£14 come on baby!!! Surely we will attack £14 by the end of play today!!

[keyhole] 09/8/2012 10:06

Ian Davenport 8 Aug'12 - 08:32 - 1285 of 1328

"so where were you then? what should we have been discussing"

Ian - I'm an investor, not a speculator and I've held STAN for ages. Seen it all, and it always recovers eventually. Let's see. Bought 5000 @ 4.91 10/1995 - so how am I doing? Possibly beaten by property price rise since then, but everything cannot go into property!

Up over 50p this morning, I note. My exit number is £20, probably when there is a Chinese takeover sometime in the future.

[sawadee3] 09/8/2012 10:01

Happy days!!!

[snatander] 09/8/2012 09:53

Good surge here

[pamjim12] 09/8/2012 08:53

leeds, hello on this BB. You may recall I said I could not trade until today. I wonder, Am I too late? mmmm.... Jim.

[miata] 09/8/2012 07:54

Other bank shares rose a little in Hong Kong overnight with HSBC Holdings PLC HK+1.2%, HBC +0.75%, HSBA +0.46% after the Chinese inflation data (fall to 1.8% Y-O-Y) led to expectations of central-bank easing.

HSBC economists said they expect another 0.25 percentage point rate cut by the Chinese central bank, along with other monetary and fiscal measures.

I'm expecting further progress on the STAN shareprice today on its journey to £14 before Monday's showdown.

[kiwi2007] 08/8/2012 22:55

.......the order puts the bank's senior attorneys and compliance officers at the heart of the wire stripping scheme, even when outside counsel advised otherwise. As early as 1995, soon after President Bill Clinton announced economic sanctions against Iran, the bank's general counsel allegedly "embraced a framework for regulatory evasion".

................As recent debacles at Barclays, HSBC and now Standard Chartered demonstrate, employees of big global banks increasingly lack a moral compass. Some general counsels and compliance officers do provide ethical guidance. But many are facilitators or loophole instructors, there to show employees the best way to avoid the law. Not even mafia lawyers go that far; unlike many bankers, mobsters understand the value of an impartial consigliere who will tell them when to stop.

Bank executives have recently been criticised and even replaced, and more heads will roll. The Standard Chartered saga is not over: the bank allegedly orchestrated similar schemes in Sudan, Myanmar and Libya. But as the drama unfolds, many in the audience will ask: who were the true villains? The bankers? Or "yes men" lawyers who may have enabled and emboldened them?

Lawyers are supposed to be the grown-ups at the party, professionals who guide their colleagues and tell them what they can and cannot do. They should be ombudsmen, not enablers. One lesson from recent scandals is that banks need reliably independent in-house counsel, with a strong moral backbone.

[leedskier] 08/8/2012 19:31

yep that confusion arises on rights issues as well ... but the answers are all out there on the internet ... e.g.


Difference between ex date and record date?

Answer:
The Ex date is the last day which the seller will get the declared dividend. It is generally two trading days before the record date.

The record date is the date which the dividend is assigned to the owner on the company's record books.

The difference exists because of the time lag between the actual sale of the stock and when it's recorded on the company's books.

So if you buy a stock on the day after the Ex date, the seller will still get the dividend because his/her name will appear on the company's books on the record date.

Read more:

[j2m] 08/8/2012 17:49

Thanks Ian

[phillis] 08/8/2012 17:43

if you have bought by Tuesday close then you get the divi even if you have sold again today

Anybody who doesn't know/understand this should not be investing direct (or posting on BBs giving wrong info)

[ian davenport] 08/8/2012 17:23

as far as i understand it yes jacks - I've owned shares for 36 years , always worked that way up to now so i guess nothing has changed to alter that