Member Info for Milliethedog

Hi jake, just filter the muppets
Same on some ADVFN bb's
Filter option is very useful....
M

Crikey, it's @ 379 already!
Over 7% loss in less than 2 trading day's.
Crumbs....down another 1.3p while i've been typing this.....
Think will test new lows sub 370.....imo

"HSBC fell as much as 3.1% in Hong Kong, the most in more than three weeks, making it the biggest drag on the benchmark Hang Seng Index. "

https://uk.investing.com/news/stock-market-news/hsbc-slumps-as-us-weighs-moves-to-punish-hong-kong-banks-2157316

I'm with you penelope. Trade the swings.
Target to get back in sub 380. Hopefully sell just above £4....
Lost 13.5p yesterday, so well on the way there already.......
M

Sold out @ 405 having got in @ 381; yesterdays huge rise too tempting
Down below £4 now (-10p) @398
Needs to be at 370/373 level to tempt me back given the risk carried......
GL all......

HK; my 381 looking good at the moment. 404 as i type (+5%)
Last time i sold out far too early @ 393 and they went to a whopping 428
GL all.....

35% is good going HK; well done.
Started trading on 12 March after everything collapsed.
Trading HSBC, AV, LGEN, BT at moment.
Previously done very well too with GLEN, RDSB & IMB

If market say trade, you trade
If market say invest long term, then do it
Work whatever market you are presented with HK

My 381 looking ok ,so far, HK
Miffed i didn't top up yesterday @370 tho
Remember, i'm a trader. Trading the high's & low's
Hoping for a run up to £4; 428 less than a month ago......

HK, yes am worried about situation there. & today is a particularly bad day as i read on South China Morning Post.
Worse for you who reside there of course.
For Sec Raab has just made statement in HoC re HK situation. Very serious indeed.
Am going to run with these a little but do take your point & consider HSBC one of my higher risk trades...
Waiting for Dow to open 2:30 GMT as that will give FTSE direction & pressure HSBC lower (or not)

Yes, HK i am a short term trader; not a long term investor. Recently been trading these & also BT.
Short term meaning (to me) 2/3 weeks. BT last week was in & out in 2 days; 114p to 119p. Trading the low's & high's. My £7k @ 381 am happy with. @ 370 i will round off to £10k & bring my average down.
Don't think i'll achieve the 428 mark but above 400 i hope. Target is usually cap gain of £500 to £1000.
Fingers crossed......good luck to all

"Fickle world though and a rebound not beyond question but 400p+ has not been sighted In a while now"
Was @ 428 on 6th.June HK.....
Am back in here @ 381 for £7k
Good support @ around 370/372 mark

Not sure if this has already been posted......

https://uk.investing.com/news/stock-market-news/this-bank-stock-hasnt-been-this-low-since-2009-would-i-buy-now-2143854

10m & 12m shares bought in after hours auction Thursday @ 398 & 399
O & UT trades

By all accounts they've denied it.......

What makes you think that Free....?

Here's part of an article from investing.com just now. Sale rumour mentioned again......

BT share price fell before the stock market crash The BT Group (LSE: LON:BT.A) share price took an absolute hammering long before the recent stock market crash. Again, Lance has spotted a value opportunity.

He says its Openreach division generates £2.6bn of earnings before interest, tax, depreciation and amortisation (EBITDA), and values it at £22bn. “The enterprise value of the entire group is currently £31bn meaning that all the other businesses are being valued at £9bn.” This is just three times historic earnings of £2.8bn. Now that looks tempting.

Selling a stake in Openreach could raise some much-needed funds. Unlike Royal Mail, the BT share price has barely recovered from the stock market crash, and trades 40% lower this year. Measured over five years, it’s lost three quarters of its value.

The group still faces challenges, but if you’re looking for a value play and understand the risks, it could be another tempting contrarian buy.

Thanks fleccy too.
Am just trying to get it clear in my head.

It's just that i thought i'd read somewhere that they may possibly take on new investment money by hiving off a lesser percentage of the £20bn valuation locked up in Openreach. Thus not technically a sale as such.
To use to finance fttp.
Also, you would have thought that the SP would have retraced back closer to that £1 mark once denied....

I see. Thanks for that beth....

So where are we with this article in the FT re; Openreach sale?
It certainly had an effect on the SP at the time, some of which may still be there. Lifting it off the £1 mark.
But wouldn't the Director purchases at the same time have fallen foul of Insider Trading rules had it been true?
Question for those more up on the rules than me.
How long does it have to be, after these purchases, for the company to be able to talk about a possible sale?

Just with it being in the FT & also other news outlets, they may have to wait a certain amount of time before they can address the issue.
1 month?
3 months?
Anyone know?