Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I hold these shares for the dividend which has rewarded me well over the years. Your comments leave me bewildered re these shares. Do I therefore buy more ,sell more or wait for the next dividend whenever that will be?
I keep these shares for 2 reasons - to remind myself how shares can go down instead of up and because like Whitley, I think they will recover so they look a good punt right now, so selling in some ways makes little sense but I wish I never had bought them in the first place!
I have bought another 700 just in case it ever recovers.
So interim results are out. The share is down 7%. The increase in profit is nearly all as a result of writing back provisions. Not a real profit. Expenses are way up and tier 1 capital has fallen. These are bad results. Yesterday Bill winters reshuffled (read that as fired) senior management. Obviously he knew the market would react badly. There is little chance of a dividend being paid in 2018 either. As he said himself the best option may be to put the the bank up for sale. He was sold as the wonder kid but to date he has at best stabilised the situation. But after two and a half years at the helm, 5 billion of new capital and a 30% fall in the share price from the moment the took over. This is not looking good at all. I am going to start to reduce my holding. I have lost confidence in this investment.
Interims Wednesday. Any thoughts as to where sp will be this time next week ? Hoping for 800 ...
I do think there will be a waive of broker upgrades now on the back of these results. If the bank makes £3 billion pretax for 2017 then it should be valued a tad higher than it is currently.
The results seem to be broadly good. I think the loan issue is also a positive. Any bank can male loans but if they are going to go bad or are not profitable there is no point. I have followed this share for about ten years now. The non payment of a dividend is annoying but the money is at least staying in the bank to be reinvested. It is kind of pointless paying a 5p or 10p divi anyway. Bill Winters is much better than Peter Sands who was sending the bank towards bankruptcy. I am sitting tight for another couple of years. My personal view is that it will continue to make steady progress now.
Good set of results marred by lack of dividend and possible concern over future loan and revenue growth.
For half year due in 1 hour .good or bad? A further improvement in profits will be announced.
Interesting Comment but where were you when they were 373p in March last year. You would now be saying as I have to people "a brilliant share rise with further great growth potential" I find my profit to date of over 100% in 16 months more than "rather encouraging".
STAN Standard Charted Bank...........on the brink of a breakout. A lot of business done with China and Japan here. If it breaks out, not much resistance on way up to 1000p. Looks rather encouraging. http://uk.advfn.com/p.php?pid=legacydaily&epic=L^STAN&type=4&size=2&period=5&ind_type1=1&ind1_1=&ind2_1=&olx_1=3&ma_type1=3&o_1maday1=25&o_2maday1=&o_colour1=1&olx_2=3&ma_type2=3&o_1maday2=50&o_2maday2=&o_colour2=2&olx_3=3&ma_type3=3&o_1maday3=200&o_2maday3=&o_colour3=3&scheme=&delay_indices=DELAYED_INDICES 5 Year chart.......... http://uk.advfn.com/p.php?pid=legacydaily&epic=L^STAN&type=4&size=2&period=9&ind_type1=1&ind1_1=&ind2_1=&olx_1=3&ma_type1=3&o_1maday1=25&o_2maday1=&o_colour1=1&olx_2=3&ma_type2=3&o_1maday2=50&o_2maday2=&o_colour2=2&olx_3=3&ma_type3=3&o_1maday3=200&o_2maday3=&o_colour3=3&scheme=&delay_indices=DELAYED_INDICES
A very choppy share recently, but showing some modest improvement of late, I hope we romp through the 800s and smash 900 by next Friday. Although just as likely to be 750 really.
Most definitely with growth based on this: with difference calculated from 8 June 2012 to close on Friday RBS +30% LLOY +153% BARC +11% STAN ............... minus 85%.... HSBA +27% BNC +29% CBG +126%
out today see http://investors.sc.com/en/index.cfm Things looking better but the divi is still some way off
buy on rumour sell on news...simples
There is far too much talk of jam tomorrow in the report. The projections for 2017 look stretched. I will give him one more year but if not a substantial improvement in revenue and profit that will be it.
Which ever way you look at it from contracting income to a pretty meager profit, the results are not that good.
no divi, boo hoo but things are getting better. Although they would have to go some to get worse. One can only hope for an over reaction and add a few more whilst waiting for better times.
STAN has been rising steadily but falls sharply today. Any suggestion?
I dont short tbh.........good luck to you .....we are all looking to make money
Depends whether you think use of RSI is bs or not.
ps i bought 556p and 703p........so i am happy
I think only info you post is bs tbh.....
posting some factual info re. the high RSI. Do you use this metric with your investing?
opps nearly 30pts now