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Pin to quick picksHSBC Holdings Share News (HSBA)

Share Price Information for HSBC Holdings (HSBA)

London Stock Exchange
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Share Price: 691.40
Bid: 692.00
Ask: 692.10
Change: -1.40 (-0.20%)
Spread: 0.10 (0.014%)
Open: 696.20
High: 698.30
Low: 689.10
Prev. Close: 692.80
HSBA Live PriceLast checked at -

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Tuesday newspaper share tips: Lloyds, Aldermore, Hunting

Tue, 06th Sep 2016 13:25

(ShareCast News) - Lloyd's Banking Group will continue to struggle as downgrades from two brokers showed, sending its shares promptly lower, according to The Telegraph's Questor column. Things had been looking up for potential investors in the bank at the start of the year as the government prepared a stake sale - a major stepping stone on the path back to private ownership.However, fears over the global economy dashed those hopes and then cam Brexit.Contrary to fears in some corners for the market, the policies adopted by the Bank of England's in the aftermath of referendum vote would in fact benefit Lloyds, according to Questor.With the impact of lower interest rates on its largely variable interest rate mortgage loan book more than offset by cheap liqudity, courtesy of the Old Lady on Threadneedle Street."The cut to Bank Rate means that returns on these variable mortgages will sink even lower, costing the bank £456m in forgone annual income, according to analysts at Deutsche Bank", the column says.In the longer term however, the rism is that economic headwinds dampen returns on other types of loans, and the bank's lack of diversity - unlike Barclays or HSBC - puts it at a disadvantage, Questor said."Unlike more diverse banks such as Barclays and HSBC, which have fought to keep their investment banking arms functioning throughout major restructuring since the financial crisis, Lloyds does not have a large City business that it can turn to when there are leaner times in consumer finance."Lloyds is desperately trying to cut costs to make itself more profitable, but at three per cent its dividend payout is nothing to write home about and challenger banks such as Aldermore and Secure Trust Bank offer more enticing growth prospects.'Avoid', said Questor. Conditions in the oil services sector continued to be as murky as the holes that Hunting helps to drill around the globe, but patient investors might be rewarded, The Times´s Tempus said.The company had slashed its staff numbers by almost half since the end of 2014 and shut three factories in response to the collapse in crude energy futures.Despite that, at the half-year stage of 2016 the company produced an underlying loss of $50.8m, worse than $20.4m suffered one year ago. In parallel, its debt facility had also been run down by half, to $200m, notwithstanding management´s decision to defenstrate its dividend payouts until 2018.Yet the shares rose following the news.With the price of oil on international markets showing signs of stabilisation and the number of rigs in operation in the key American market on the rise investors bought into Hunting directors' talk of "fragile optimism" in the market.Recent share price gains mean that those hoping to pick a bottom may have missed the boat, although Hunting looks underexposed to those segments of the market which stand to gain the most when the tide turns, the tipster explained.Nonetheless, and despite the risk that another year or two of pain might still lie ahead, "eventually it may reach the sunlit uplands investors are holding out for."So, despite the still highly uncertain conditions in the oil market, 'Hold', Tempus said.
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UK shareholder meetings calendar - next 7 days

Monday 29 April 
Goldstone Resources LtdAGM
Hydrogen Future Industries PLCAGM
JPMorgan Claverhouse Investment Trust PLCAGM
KR1 PLCEGM re buying up to 15% of shares in issue
Ocado Group PLCAGM
Secured Property Developments PLCGM re name change to Mollyroe PLC
Symphony International Holdings LtdAGM
Tuesday 30 April 
Amigo Holdings PLCGM re capital raise
Anglo American PLCAGM
BBGI Global Infrastructure SAAGM
CVC Income & Growth LtdAGM
Elementis PLCAGM
Minoan Group PLCAGM
Pebble Group PLCAGM
Robert Walters PLCAGM
Rotork PLCAGM
Wednesday 1 May 
Alfa Financial Software Holdings PLCAGM
Alpha Group International PLCAGM
AVI Japan Opportunity Trust PLCAGM
Domino's Pizza Group PLCAGM
Electric Guitar PLCGM re reverse takeover of 3radical
Flutter Entertainment PLCAGM including vote on primary listing move to New York
Glanbia PLCAGM
Jade Road Investments LtdAGM
Johnson Service Group PLCAGM
Smith & Nephew PLCAGM
Spirent Communications PLCAGM
STV Group PLCAGM
Tritax Big Box REIT PLCAGM
Unilever PLCAGM
Witan Investment Trust PLCAGM
Thursday 2 May 
AIB Group PLCAGM + EGM re proposed buyback of shares from Irish government
Aviva PLCAGM
Ecora Resources PLCAGM
Enwell Energy PLCAGM
F&C Investment Trust PLCAGM
Glenveagh Properties PLCAGM
Grafton Group PLCAGM
Gran Tierra Energy IncAGM
Howden Joinery Group PLCAGM
ITV PLCAGM
Kerry Group PLCAGM
Melrose Industries PLCAGM
Moneysupermarket.com Group PLCAGM
Personal Group Holdings PLCAGM
Reach PLCAGM
Reckitt Benckiser Group PLCAGM
Revolution Bars Group PLCGM re fundraising
Rio Tinto PLCAGM
SIG PLCAGM
UK Commercial Property REIT PLCGM re merger with Tritax Big Box REIT PLC
Ultimate Products PLCGM re share buyback programme
Friday 3 May 
Ashoka India Equity Investment Trust PLCGM re share issue
HSBC Holdings PLCAGM
Intercontinental Hotels Group PLCAGM
Mondi PLCAGM
More Acquisitions PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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