RE: UK Based Banks are back in Favour21 Dec 2016 10:51
Hi ValueMB
Hope you are OK
Maybe that’s a reason
But I put it down to buyers think they buying more better value for their money at 64p Many penny shares so looks cheaper than a few 650p IMHO it’s about all minds set … thousands of shares look better than a few hundred makes one feel better lol
But anyone who’s knows there company’s balance sheets with a bit of noddle looks at NAV values, potential earnings and spread of risk on balance sheet
Honestly HSBC is miles ahead and with Lloyds buying MBNA I saying nothing
Only reason I sold I am expecting a little pull back on ALL shares across the board, not only HSBC over the next 3 to 6 months but hopefully in January 2017 hey .... hahahaha
Happy to bide my time but believe I get my chance… only if it’s one chance… I never be greedy if not Iam buying our Caravan in Great Yarmouth Buster in summer 2017