Member Info for bob6

Standard Chartered is due to post full-year earnings on March 4. 2015

Dividends expected to keep on rolling Standard Chartered spooked investors when it issued a profit warning at the start of December. The bank warned that weakness in a number of its emerging markets — particularly in Korea — on top of adverse currency movements are likely to weigh on near-term revenues and profit. The City’s number crunchers anticipate these problems to cause earnings per share to fall 9% for last year. However, these problems are viewed as a temporary roadblock to growth, with bouncebacks to the tune of 11% and 10% anticipated in 2014 and 2015 respectively. A backdrop of near-consistent earnings growth dating back to 2008 has enabled Standard Chartered to consistently raise the full-year dividend, and the bank boasts a punchy compound annual growth rate of 6.4% over the past five years. And forecasters expect the firm to maintain this upward momentum, with a 4.4% increase pencilled in for last year to 87.7 US cents per share despite the predicted earnings fall. The subsequent earnings rebound, meanwhile, is expected to cause the payout rocket 8.4%, to 95.1 cents, during the current year, with an additional 8.2% rise expected in 2015 to 102.9 cents. These anticipated payments create yields of 4.3% and 4.7% for this year and next, far surpassing a forward reading of 3.6% for the entire banking sector and corresponding readout of 3.1% for the FTSE 100. Standard Chartered has consistently furnished investors with ample dividend coverage above the security benchmark of 2 times prospective earnings. And current earnings projections keep this trend in place for at least the next two years — a reading of 2.4 times runs through to the end of 2015 is in place. Fears over Standard Chartered’s capital position has caused some to wonder about dividend growth further ahead, however, given the slow rate of growth in its Tier 1 capital ratio. But as broker Investec points out, a reading of 10.6% during the first half of last year surpasses most of its banking peers, while a forecast 11.3% for 2016 is a more than adequate figure. Fellow Standard Chartered bulls have also been cheered by the recent appointment of Mike Rees as Deputy CEO of the freshly-merged Wholesale and Consumer Banking divisions as a positive, given his success in driving stratospheric growth in the Wholesale arm. In my opinion, Standard Chartered is in a great position to hurdle the current earnings hiccups and post stunning earnings — and consequently dividend — growth. The bank continues to witness double-digit expansion in key markets such as Hong Kong and India, and I expect a restructured and refocussed Standard Chartered to expand its position in these lucrative developing regions.

He added: ‘We do not recommend shorting the stock. The shares are already up 9% since 2 February, and if management stands firm and resists pressure to raise capital, we still think that the stock could re-rate materially.’

STANDARD CHARTERED SHARE PRICE INFORMATION Name Standard Chartered Epic STAN Sector Banks ISIN GB0004082847 Activites Banking and financial services. Standard Chartered employs 38,000 people in 950 locations in more than 50 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas. Standard Chartered is one of the world's most international banks, with employees representing 80 nationalities. It serves both Consumer and Wholesale Banking customers. Consumer Banking provides credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals and small to medium sized enterprises. Wholesale Banking provides corporate and institutional clients with services in trade finance, cash management, lending, securities services, foreign exchange, debt capital markets and corporate finance. Index FTSE 100 STANDARD CHARTERED KEY NUMBERS Latest Share Price (p) 956.40 Net Gearing (%) 84.97 Market Capitalisation (m) 22,897.12 Gross Gearing (%) 93.05 Share in issue (m) 2,472.69 Debt Ratio 93.05 P/E Ratio 5.63 Debt-to-Equity Ratio 1.00 Total dividends per share (p) 86.00 Assets / Equity Ratio 14.40 Dividend Yield (%) 5.95 Cash / Equity Ratio 116.42 Dividend cover (x) 2.38 Price to book value 0.49 NAV per share (p) 0.00 ROCE -1.12 Earning per share (p) 164.40 EPS Growth (%) -17.68 52 week high / low 1,355.50 / 867.50 DPS Growth (%) 2.38 STANDARD CHARTERED RESULTS AT A GLANCE Date Type Turnover £(M) Profit £(M) Basic EPS Currency 31 Dec 2013 Full Year 18,777 4,200 164.40 USD 31 Dec 2012 Full Year 19,071 4,985 199.70 USD 31 Dec 2011 Full Year 17,637 4,933 200.80 USD 31 Dec 2010 Full Year 16,062 4,414 196.30 USD 31 Dec 2009 Full Year 15,184 3,477 167.90 USD STANDARD CHARTERED DIVIDEND HISTORY Period Ex-date Pay-Date Net Dividend Currency Total for Year H1 Dividend 13 Aug 2014 20 Oct 2014 28.80 USD 0.00 H2 Dividend 12 Mar 2014 14 May 2014 57.20 USD 86.00 H1 Dividend 14 Aug 2013 17 Oct 2013 28.80 USD 0.00 H2 Dividend 13 Mar 2013 14 May 2013 56.77 USD 84.00 H1 Dividend 08 Aug 2012 11 Oct 2012 27.23 USD 0.00 H2 Dividend 07 Mar 2012 15 May 2012 51.25 USD 76.00 H1 Dividend 10 Aug 2011 07 Oct 2011 24.75 USD 0.00 H2 Dividend 09 Mar 2011 11 May 2011 46.65 USD 69.15 H1 Dividend 11 Aug 2010 05 Oct 2010 23.35 USD 0.00 H2 Dividend 10 Mar 2010 13 May 2010 44.80 USD 66.03

vents & conferences We hold events and conferences throughout the year to keep analysts and shareholders informed about our strategy, financial performance and market growth. Here you can check what's coming up, and access resources such as webcasts, podcasts and presentations. Q3 Interim Management Statement Oct 28, 2015 Standard Chartered will issue an Interim Management Statement for the three months ended 30 September 2015. This will be followed by a call with investors and analysts. Half Year Results 2015 Aug 5, 2015 Standard Chartered will release results for the half year 2015. This will be followed by a presentation to investors and analysts. Q1 Interim Management Statement Apr 28, 2015 Standard Chartered will issue an Interim Management Statement for the three months ending 31 March 2015. This will be followed by a call with investors and analysts. Full Year Results 2014 Mar 4, 2015 Standard Chartered will release results for the full year 2014. This will be followed by a presentation to investors and analysts. RE BLOOMBERG STAN 1 YEAR -22.71% DIVIDEND GROSS YIELD 6% H.LANS 5.69% DIV YIELD

Bloomberg) -- Standard Chartered Plc rallied for a second day after Martin Gilbert, Chief Executive Officer of Aberdeen Asset Management Plc, the U.K. bank’s second-largest investor, reiterated his support for the company. The stock gained 2 percent to 933.6 pence at 12:46 p.m. in London on Wednesday. Gilbert said on a conference call on Tuesday that Standard Chartered is a “very good bank,” adding that Aberdeen has increased its stake to just under 10 percent. Aberdeen is “sending a positive message to other investors,” Ronald Wan, chief China adviser at Asian Capital Holdings Ltd., said in Hong Kong by phone. “However, the bank’s fundamental problems are still there.” Singapore’s Temasek Holdings Pte and Aberdeen, the two largest shareholders, have pressed for the replacement of Chief Executive Officer Peter Sands, a person familiar with the matter said last month. Sands, 53, has struggled to restore investor confidence after slowing economic growth in Asia and rising costs for bad loans prompted the bank to cut its earnings forecast three times in 2014. Aberdeen’s “positive” stance “might possibly reflect their optimism about a future senior management change,” Jim Antos, a Hong Kong-based analyst at Mizuho Securities Asia Ltd., said by e-mail.

Standard Chartered’s two largest investors have told the bank’s chairman, Sir John Peace, to find a replacement for the embattled chief executive, Peter Sands, within months. The Telegraph has learned that Temasek and Aberdeen Asset Management have said a succession plan to replace Mr Sands must be put in place so that he can leave by the end of the year. It is understood both investors, who between them own nearly a third of the bank’s shares, have made their wishes known separately in recent weeks. Singapore’s Temasek is Standard Chartered’s largest shareholder, holding a 17.7pc stake. Aberdeen is second with almost 11pc. The revelations follow months of speculation after a dramatic downturn at the Asian and African-focused bank which Mr Sands has led for the last 9 years. The bank has been hurt by a slowdown in growth in some of its key markets plus specific problems at its Korean arm. Related Articles A pedestrian walks past a Standard Chartered Plc bank branch in the Central business district of Hong Kong StanChart hit by commodity fears 14 Jan 2015 Standard Chartered chief: I'm not going anywhere 13 Nov 2014 Standard Chartered is under attack, and our craven politicians do nothing 06 Nov 2014 It is thought that investors have failed to identify an internal candidate to replace Mr Sands. The deputy chief executive, Mike Rees, is thought unlikely to be in line for the role, while the chief financial officer, Andy Halford, only joined the bank last summer from Vodafone with no prior banking experience. Late last year Aberdeen chief executive, Martin Gilbert, appeared to back Mr Sands on the record, suggesting he should be given a chance to execute his turn-around and cost-cutting strategy. The moves comes despite a recent investor day in which Mr Sands detailed a significant cost saving programme, and committed to axing most of its global equities business and cutting 4,000 jobs in its retail banking arm. Investors have also questioned Sir John’s tenure – he has been chairman since 2009 and is also chairman of fellow FTSE 100 constituent Burberry – but are understood to have said it is his responsibility to find a new chief executive. Non-executive director Naguib Kheraj, Barclays’ former finance director, is the most likely option to replace Sir John from the current board, but an external chairman may be recruited. It is thought that if Sir John does not act, investors will ask him to step down to make way for a new chairman who will then oversee the executive succession. Some have questioned whether he has the time to chair two FTSE 100 companies, particularly as one is a bank with the size and complexity of Standard Chartered. At the same time, Sir John is known to be in the process of a partial board refresh to buy some time. The names of at least one, possibly two new non-executive directors are understood to be with City regulators for vetting. The refresh is thought

“Investors should feel reassured that Standard Chartered is moving forward on its cost-cutting measures,” said Edmond Law, a Hong Kong-based analyst at UOB-Kay Hian (Hong Kong) Ltd. “It’s the right direction to focus on its core business.” my comment, I agree with the above analyst and have purchased a few more at 9.3888

between 16..35 pm and 17.11 pm around £22.5 million pounds purchased, good long term hold, for income. providing they don.t drop the dividend .

About half of the cost savings planned for this year will come from its retail clients business, Standard Chartered said today. The bank cut about 2,000 jobs in the past three months as it focused on key cities and accelerated a switch to digital banking, with a further 2,000 reductions anticipated this year, it said. It shut 22 branches in the second half of 2014 as part of a previously announced target of 80 to 100 closures. Most of the jobs cut from the equities withdrawal are in Asia, a spokesman for Standard Chartered said, asking not to be named. Of those, Hong Kong had the largest number, with staff from Singapore, India, South Korea and Indonesia also affected, he said. Standard Chartered reiterated in the statement its plans to exit or restructure “non-core” operations. The U.K. bank announced last year the sale or closure of businesses including consumer finance in China, Hong Kong, Germany and South Korea, its retail bank in Lebanon and private banking in Geneva. Photographer: Simon Dawson/Bloomberg Peter Sands, Chief Executive Officer of Standard Chartered Plc, is targeting about $400... Read More More than 900 of Standard Chartered’s over 1,600 branches are in Asia, according to its website. Malaysia Headcount The firm will reduce its headcount in Malaysia by 11 percent this quarter, with cuts stretching across areas including marketing and retail client operations, according to a memo obtained by Bloomberg News. Standard Chartered declined to comment on the document or the number of staff involved. “Investors should feel reassured that Standard Chartered is moving forward on its cost-cutting measures,” Edmond Law, a Hong Kong-based analyst at UOB-Kay Hian (Hong Kong) Ltd., said by phone today. “It’s the right direction to focus on its core business.” Earnings are under pressure amid falling commodity prices and a faltering economic expansion across Asia, where the bank makes about three-quarters of its profit. Pretax profit fell 16 percent in the third quarter to $1.53 billion as impairments for bad loans almost doubled and regulatory and compliance costs increased. ‘Necessary’ Move Closing the cash equities business is a “necessary part of cost control,” Hugh Young, a Singapore-based managing director at Aberdeen Asset Management Plc, said in an e-mail today. The firm owns 10.9 percent of Standard Chartered’s shares, data compiled by Bloomberg show. The closure marks the unwinding of an expansion that included the purchase of Cazenove Asia Ltd. from JPMorgan Cazenove Ltd. to bolster equity capital markets and institutional broking. Cazenove Asia had about 150 employees at the end of 2007, including 30 analysts in Singapore and Hong Kong, Standard Chartered said when it announced the acquisition in November 2008. Standard Chartered was ranked 49th among underwriters of equity, equity-linked and rights offerings worldwi

RE H.L SHARE PRICE IS DOWN 28.98% ON THE YEAR PROFIT BEFORE TAX 31/12/13 £ 6,064.00 MILLIONS AFTER TAX £ 4,200.00 M JOHN PEACE CHAIRMAN OF BOARD AND PETER SANDS IS GROUP CHIEF EXECUTIVE DIRECTOR. FINAL RESULTS 04 MARCH 2015 SHARE PRICE TODAY 15 HRS WAS £ 974.20 10 WEEKS AGO IT WAS £1115.00 17th SEPT 2014 WAS £1227.50 ITS GOING TO TAKE A BIT OF TIME TO GET BACK THERE SO WITH A YIELD OF 5.46% CAP OF OVER 23 BILLION . AND A STRONG DETERMINATION TO GET BACK INTO THE PROFITS IT HAS MADE IN THE NOT FAR BACK PAST, WITHOUT THE MISTAKES OF THE PAST THIS I BELIEVE IS A GOOD HOLD FOR INCOME AND LONG TERM GAIN. GOOD LUCK,

Shares in Issue 2,472m Market Cap. £23,790m THAT'S 23 BILLION 790 MILLION. POUNDS Market Size 1,500 PE Ratio 9.52 Earnings 99.70p Dividend 51.81p Yield 5.46%

Standard Chartered PLC (LON:STAN) opened at 966.20 on Friday. Standard Chartered PLC has a 52 week low of GBX 883.90 and a 52 week high of GBX 1434.00. The stock has a 50-day moving average of GBX 939.5 and a 200-day moving average of GBX 1112.. The company’s market cap is £23.813 billion. STAN has been the subject of a number of other recent research reports. Analysts at Societe Generale reiterated a hold rating on shares of Standard Chartered PLC in a research note on Wednesday, December 17th. They now have a GBX 1,085 ($16.89) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an underperform rating on shares of Standard Chartered PLC in a research note on Wednesday, December 17th. They now have a GBX 700 ($10.90) price target on the stock. Finally, analysts at Deutsche Bank reiterated a hold rating on shares of Standard Chartered PLC in a research note on Wednesday, December 17th. They now have a GBX 1,085 ($16.89) price target on the stock. Eight analysts have rated the stock with a sell rating, fourteen have issued a hold rating and seven have issued a buy rating to the company. The stock has an average rating of Hold and a consensus target price of GBX 1,197.80 ($18.65). Standard Chartered PLC is a United Kingdom-based holding company. The Company operates globally and is principally engaged in the business of retail and commercial banking and the provision of other financial services. Receive News & Ratings for Standard Chartered PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Standard Chartered PLC and related companies with Analyst Ratings Network's FREE daily email newsletter. « Previous Cedar Fair, L.P. Coverage Initiated by Analysts at Credit Suisse (NYSE:FUN) Latest News Standard Chartered PLC’s Buy Rating Reaffirmed at Maybank Kim Eng Standard Chartered PLC’s Buy Rating Reaffirmed at Maybank Kim Eng Cedar Fair, L.P. Coverage Initiated by Analysts at Credit Suissi

I am not to sure about replacing Peter Sands ,things seem to be improving and it's better the devil you know and the one you don't. it seems there biggest problem at the moment is bad debts pulling there profits down,otherwise their a good Bank what 's your thoughts ?

UPDATE STANDARD CHARTER BANK NEWS. LONDON, Dec 23 (Reuters) - Standard Chartered (HKSE: 2888.HK - news) has replaced UBS (NYSEArca: FBGX - news) as one of its corporate advisors as it attempts to improve its relationship with major shareholders. The Asia-focused bank said on Tuesday it had replaced UBS as one of its corporate brokers with Bank of America Merrill Lynch . JPMorgan Cazenove will remain as the other broker. Reuters reported on Dec. 2 that Standard Chartered was considering replacing UBS, which has been a long-standing advisor to the bank. One of UBS's most senior bankers, Tim Waddell, left the bank to join Bank of America (Swiss: BAC.SW - news) in September, and was close to Standard Chartered. Standard Chartered is battling to turn around its business after a trio of profit warnings and a slump in its share price this year. Several of its biggest shareholders have told Reuters Chief Executive Peter Sands should be replaced, probably next year, and other investors said they were unhappy with governance. Corporate brokers act as a link between a listed company and its investors. Chiefly a British business relationship, it can be a way into more lucrative advisory business, such as fundraising and mergers and acquisitions. (Reporting by Steve Slater; Editing by Greg Mahlich)

GLI FINANCE TO LAUNCH FIRST FRENCH ONLINE WORKING CAPITAL FINANCING PLATFORM GLI Finance, a loan business quoted on AIM, has raised $22.5m of funds required for a 26.44% stake in new French financing platform Finexkap. Other investors in the platform include Finsight, a globally focused Fintech investment fund which includes partner, former chief operating officer and board member of LendingClub, John Donovan, as well as Fintech private investors and family offices. With an annual volume of receivables for French business-to-business companies exceeding $800bn in 2013, France constitutes one of the largest factoring markets in the world. Finexkap is the world's first French working capital financing platform to purchase small and medium sized enterprises' receivables on the web through refinancing vehicles managed by Finexkap AM. The platform provides a market-disruptive short-term funding solution to entrepreneurs needing fast access to financing. Finexkap will fully launch its financing activities in the fourth quarter of 2014. The Company will use $15 million of the total funds raised for its refinancing vehicle to fund the first batch of receivables. Geoff Miller, Chief Executive of GLI Finance, said: "Finexkap has developed a flexible way of financing working capital for SMEs in France by allowing small businesses to choose the invoices they wish to clear and get funded without any sort of commitment, in stark contrast to traditional banks in France which typically do not offer spot financing. "With a huge demand for this type of flexible finance and innovative proprietary technology, the platform has huge growth potential and should be a great partner for GLI Finance." As of 10:13, GLI Finance's share price rose 0.70% to 58.53p per share.

Lots of small sellers but i glad to say some one knows what there doing this afternoon by purchasing £48.069 m of stans shares , i mite even purchase a few more myself at this price, long term gain plus dividend .

Dec. 1 (Bloomberg) -- Aberdeen Asset Management Plc Chief Executive Officer Martin Gilbert said there’s “nothing fundamentally wrong” with Standard Chartered Plc as the bank struggles to reverse a 32 percent slump in shares this year. He spoke to Anna Edwards on Bloomberg Television's "Countdown." (Source: Bloomberg) fool.co. this share could double in price but it mite take a bit of time, With oil prices low CHINA and INDIA and the world are going to grow ,re more business for banks . This bank was in profit for years and there no reason why it cant sort itself out and get back on track. i am sure peter sands and the total staff of standard charter Bank are all pulling together to fulfil there objective of making this Bank a profitable business for us share holders.

emerged on Tuesday that Standard had agreed the sale of its Hong Kong and Shenzhen consumer finance units, in a move that signals the bank's intention to slim down. The bank has reportedly agreed to sell these assets for about $700 million. Large disposals are the way forward. Proceeds can be used to shore up the the bank's capital position, and will likely support the bank's dividend policy, but may also be used to fund shareholder-friendly activity, in my view. Elsewhere, stress test results from the Bank of England, which were released on Tuesday, showed a "minimum stressed ratio" before the impact of strategic management actions at 7.1%, which rises to 8.1% once the impact of 'strategic' management actions is included. Investors were not impressed, but Standard ranked just behind HSBC in the UK banking world.

Mr Sands said he had no plans to leave and defended his record at the bank. “Record profits were never going to be sustainable year-in year-out,” he said, pointing out that the first half profits were higher than those for the whole of 2006 – a record few banks can boast. He said that although the declines at the bank were largely cyclical, it is taking action to cut costs and reshape parts of the business. That's why i am posting these comments i think this bank will recover,a good long term recovery stock, g.luck