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Hi there - Not a Deramp at all, more of a curiosity. I held HSBA from '16-'19 and only exited my position due to moving countries and needing the cash. For whatever reason i never refilled my position but have been monitoring possibilities for further investment. I was very intrigued at the updated GS valuation.
My main worry with HSBC currently is the exposure to China/HK in multiple facets. In recent years what has attracted me to HSBC is their bullish status and strong revenue % from the region.
1. In the recent troubles of HK rioting, tourism to HK plummeted and although this is mimicked all around the world thanks to covid, HK may struggle to ever come back to where it was compared to elsewhere. The BoE even stated that 6bn dollars had left HK in Private funds in that short period, and reuters/FT estimate that up to 30-40bn$ could leave via emigration alone.
2. The Fallout from Evergrande and Chinese lockdowns. HSBC were quick to state that they were exited from any direct exposure from Evergrande and the rolling developer "kick down the road until default". I don't have a reason to doubt this, but indirect exposure in Chinese development is everywhere. Shanghai's controversial lockdown killed the most recent GDP statements by 13.7% and is only slightly starting to recover from this.
As i said above - this is not a deramp; i am just interested to know what peoples opinions are on these issues, and more importantly- even with these issues being out of the picture or taken into account - what are you personally bullish about on HSBA, that say for example has you hooked over a different financial institution like PHNX or LGEN? (not even going to entertain any UK banks).
Thanks for reading if you get this far - hope all are doing in the heat.
Entitled to your opinions of this timing. Truthfully, the previous posts had reminded me what an arse i thought he's been the past decade, but hadn't really done full diligence on his past or asked for anyones opinions.
Nice to feel welcome though.
Greetings Folks. First time poster on this board.
Been a holder for just over a year and recently skimmed in the double digits pence so initial investment is covered. I'm very interested in the potential of the technology, but can't help but be constantly worried about Tim Yeo. Having overseen the demise of TMO which is was a significant player in. Obviously the PHEG site has no mention of this - only his energy consultancy.
As a chemist - I do believe in the technology on offer here, regardless of how little it is truly detailed, and to be honest i think this is not the greenest solution out there. Has anyone else on the board had any misgivings over this leadership? Thankfully he's quite embedded in a corrupt government with plenty of time on the clock - but that position isn't guarenteed forever.
Obviously DYOR, but this is the only real issue i have with this as a long term hold. (outside the waiting for initial plant construction obvs)
Sinking like a brick at the moment. Will be a while before any news comes in.
If you’ve got nothing to contribute aside from DYOR why even contribute to a forum. Not everybody has the luxury of time or even understanding. That’s why these places exist.
Nothing from the company itself. Aside from obvious in trade deals around the world there’s more news out from Honda and Isuzu collaborating on fuel cell powered vehicles.
Keep an eye on the AdVFN chat for Ceres. A lot better for news than LSE for this listing.
I know it's been brilliant. Next results not until March so will be interesting to see how the next few months go, especially with AIM feeding off of news.
I am unable to find any scheduled update, even quarterly/half yearly reports scheduled.
Have asked IR but had no response. Does anybody have any idea when we are next to hear anything? AIM often suffers on lack of news.
It's no longer about what the assets are worth. It's about whether or not with these assets we can pay the debt and manage to be meaningfully profitable. We are more exposed to the Price of Oil now and this markets uncertainty certainly reflects poorly on Tullows current position.
Website is listing trading halt on ASX pending a release of an update?
Why is this on halted on one exchange? Also an update was not expected.
Hikma have a great ongoing relationship with the FDA - all looks good.
The board are literally listed on the site with a full history. Nothing to do with Wildhorse energy (Unless they were private investors which they are entitled to be). Different Sector, different time.
I am although surprised at the lower share price; the association with WE is albeit unfortunate - it could contribute to this, but i think people are more uncertain about production - as soon as it first rolls out the door we'll be rolling on to a good 2020.