Member Info for Sekiro

I'm a long term investor, holding the share for more than 10 yrs now... And I'll buy more of it probably in the coming days at those levels to lower my average price... The cancelation of the divi was clearly disappointing for me... But this will strengthen the bank which is a good thing and ultimately it will benefit from that decision. So I'll keep holding it for quite some time!

HSBC like other banks have been punished for the cancelation of divi.https://www.scmp.com/business/banking-finance/article/3078394/hsbc-boss-noel-quinn-writes-letter-reassure-hong-kong

Indeed. Also LLOY will actually request more guarantee for new loans to be granted (coming from a conservative LTV position already...). Lloyd should be in a good position after all!

Jrlse - I do share your view. LLOY is in a much better shape that it was in 2008. I plan to buy more of it probably in the coming days (I can't see it going much lower than that).

What recession are you talking about? We are not talking about Ebola are we!?