Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. 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.
HSBC, Standard Chartered among top bank share gainers in Asia on reflation bets
“HSBC and Standard Chartered's Hong Kong shares are among top gainers of bank stocks across the region on optimism that faster economic growth and higher interest rates will stoke profits.”
“HSBC shares jumped as much as 6.9 per cent, while Standard Chartered gained 6.3 per cent on Tuesday after a two-day market close. The MSCI AC Asia Pacific Financials Index rose nearly one per cent, to its highest level since June 2018 and on course for an eighth straight day of gains.”
https://www.businesstimes.com.sg/companies-markets/hsbc-standard-chartered-among-top-bank-share-gainers-in-asia-on-reflation-bets
In the Hong Kong times yesterday a piece about banks , Morgan Stanley expects Standard Chartered to pay as much as 21 cents a share . That would be lovely news. I can see a slow rise to 500 p minimum pre results
Meeting on the 25th to discuss a dividend payout ? So dividend is practically guaranteed then. Only question is how much. Anything above 20p will be a surprise to me. However between now and the end of feb this will go over 500p a share.
I agree we are just treading water just now around the 450 mark but good results and a decent Divi announcement will change all that . I will be interested to see if we get any broker updates pre results.
Bought more at 450p today. I have faith
Deutsche Bank raised STAN to buy on Monday. Target price 560p.
Great buy opportunity IMO. 10% below the recent high and 35% below the Dec. 2019 high. The Far East economy recovered well in 2020 and continues to grow. News on the divi returning should be any time now.
DYOR.
This is worth 500p minimum. I think until results which is in late February may be on a downward spiral ?? I would definitely buy more. Dividend is back on but not been officially announced.
HSBC CEO said today that Dividends will be resumed. Hence the divergence - hopefully STAN will catch up.
wtf is going on here. should be 6quid at least
Fail to understand why hsbc is going up (11p average rise) and this has fallen. This usually follows hsbc. But hey good time to buy then !!
This share was almost £20 a decade ago! Just shows that even at £5 it represents good value as the bank is in better shape today. Let's see how the results go.
That was brilliantly done. If only I had your insight.
Results in Feb should be good especially with the dividend.
Expecting target price of 520p to 530p
Managed to average down and buy back additional units. Sold at 509p bought back at 490p.
I sold at £5.09 thinking I could buy them back with additional shares. Have failed so far. Need this to fall !! Can anyone help £4.94 would do it for me. HSBC was easy this is a tough cookie as is BP.
As I said on numerous times in2020: watch this share in 2021 rise strongly. Appears starting already and we have not had the results or dividend indication from the Company yet
Broke through but can it hold ?
DfF.... it might be that the Banks's directors are reluctant to put their personal money in as they know that banks are built on smoke and hope. Not my words but something I heard one of the Goldman Sachs senior executives say on a Bloomberg interview .
Similar idea when youlisten to analysts from the top investment coys rant how great ABC plc and how fast it's going to grow in the next quarter. Then you see the disclaimers that the anal-yst has no investment in that coy directly orindirectly. To quote that horrible american expression.. go figure, do the math. Urgg
I'm just confused.....
Dont understand why there were no significant purchases by the directors. They need to put their money where their mouth is! If they dont have faith should we ???
I believe this share will do very very well in the next 3 years!
Even £17 is possible in the next 3 years. Buy this share and forget about it for 3 years
Since my last post on 29th October,this share has risen by 90p. Please take my advice and buy before it's too late .By this time next year ,Brexit will be history,the economy will be recovering and hopefully Covid will be fading.
Profits at STAN will be on an improving trend and dividends will definitely be restored. DYOR
A good franchise, now looking more attractive with a Biden win, maybe someone's thinking they can do more with it than current mgt, unusual trading recently, can't rule out some stake building..
I bought and never traded this share - it has been terrible to me. ?? Perhaps there will come a time when Banks will pay you to own their shares. But it always teaches me that shares go down ( on road really down in this case) as well as up, ?? I’m out when this recovers anything. Terrible share, terrible ?