Standard Chartered Share Discussion Threads

[libertine] 23/11/2015 10:31

Deans


Nil Paid - STAX

[smurfy2001] 23/11/2015 08:19

I remember this having a similar market cap to Barclays now worth 15bn.

[deans] 23/11/2015 08:13

Anybody know the LSE ticker?

For the nil paid rights I mean!

[chairman20] 19/11/2015 08:40

yes that is the consensus trade

[my retirement fund] 18/11/2015 19:21

So what your saying is your going to see what happens after the closing date for the rights issue, but in the meantime short it further?

[chairman20] 18/11/2015 17:14

need to do some careful forward thinking

Rights issue failing implies a share price
sub-465p. That looks a real possibility.

Issue being left with the underwriters means
a lot of shares overhanging the market (even
if the underwriters have pre-sold their
allocations possibly by buying put options
to 'hedge' their risk, has driven down the
price there will still be the rump of the
new shares looking for a long term buy level.)

The process theoretically will drive the
share price temporarily below its long term
'fair value' presenting a buying opportunity -
but not yet.

meanwhile the concensus trade would be to open
a short position asap with say a 630p stop loss.

[andy flower] 13/11/2015 17:11

Bought last week for the RI. Nursing a loss now :(. But will be patient for the management to implement the changes needed. Will sell the RI and open CFD orders to cover some of the losses in the short term.

[tongosti] 13/11/2015 16:31

Well the market has not been very impressed with management's share purchases today. Not invested here (hate leverage on and off the balance sheet) but am following it just in case me market throws an unbelievable bargain at some point.

[ball deap] 12/11/2015 20:56

Ball Deap - 04 Sep 2015 - 10:58 - 1990 of 2029 - 0Dean my guy said it will go sub £5.Now as I said from the start Stan and other EU banks were going to get killed and those who bailed thank goodness, those who went long ripped their shirt. Now my Albanian UK resident contact told me this would go sub 5, there is still time for you to bail. I will let you know when he decides to go long but until he fills my ears with wisdom we will need to wait.

[shahi1] 11/11/2015 18:05

At this rate, Stan share price will be at par with HSBC share price...and when that happens, Armageddon !

[diku] 11/11/2015 08:57

After the 2007-08 I think the herd moved over to Asia economies hence the rapid rise in the Chinese/Indian market and STAN was outperforming...PI's also joined in the speculation and eventually the rug got pulled in the Chinese market....I still remember the days STAN was around 350p during the Asia currency crisis of 1997....

[deanroberthunt] 11/11/2015 07:27

under £6 now and we will soon be entering the next bear market, a patient bystander could pick these up for £2-3.....unless the China and India loans go bad, then it's good night Vienna

[deanroberthunt] 11/11/2015 07:25

It's bit like the film Margin Call, their risk profile only have to move 15-20% in the wrong direction and the losses would dwarf the mcap of the company.....did we/they not learn any lessons from 2007-08

obviously not.

[deanroberthunt] 10/11/2015 16:56

they're over exposed on Chinese and Indian loans.....

[shawzie] 10/11/2015 16:13

Today's target - share price heading for 570p

[iaincc] 10/11/2015 15:50

Hey stoxx66.5 looks like I'll be able to buy some of these at the £5 levels after all !

Though, given the bad debt profile, a Greek Bank might be safer :~)))

[jdb2005] 08/11/2015 13:10

See in Investors Chronicle on Friday they are advising holders not to take up STAN's rights issue at 465p.

Issue Price of 465 pence per Ordinary Share represents a 34.8 per cent. discount to the Closing Price of 713.6 pence on 2 November 2015 (being the latest practicable date prior to the announcement of the Rights Issue) and a 29.4 per cent. discount to the theoretical ex-rights price.

Friday's close at 614.5p shows some are wary of backing the mgt to achieve recovery in value & think STAN may not have sufficient funds to achieve its strategic objectives.

[diku] 07/11/2015 15:38

600p anybody?...possibly even 550p....

[diku] 06/11/2015 11:14

If I read it correctly no divi for year end....obviously they want money coming in and not going out!!...all the divis holders got last few years is now recalled back via RI...it is normal practise within the PLC casinos!!...

Does anybody know the ticker symbol for the rights shares?...

[jdb2005] 06/11/2015 10:34

Look at the company's update

[sleepy] 06/11/2015 08:35

Is there any indication of level of dividend following the rights issue?

[revell40] 06/11/2015 08:20

For the very brave these I think a lot more downside yet lots of hidden gremlins ere

[shawzie] 05/11/2015 20:19

Remember how far other banks fell?
Who knows what bad debt is hidden in STAN.
After issue of shares at 465p share price should be around 590p if today's share price is sustained.
Not for the faint hearted.

[gateside] 05/11/2015 18:05

Well £4.65 is the Rights Issue price. So who knows it may go as low as £4.65

[diku] 05/11/2015 17:46

steven....£4.75?....