Headquartered in London, HSBC is one of the largest banking and financial services organisations in the world. HSBCs international network comprises over 9,800 offices in 77 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. Companby has listings on the London, Hong Kong, New York, Paris and Bermuda stock exchanges. Through an international network linked by advanced technology, including a rapidly growing e-commerce capability, HSBC provides a comprehensive range of financial services: personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.

            Red = 25 day moving average.           Green = 200 day moving average.

Yes - sorry - I'll correct it retrospectively.

Sold @ £5.763 though don't quite understand why the sp wasn't marked down at the open by the divi %age. No complaints!

And for that reason - I'm holding for now.

Yes, did consider that, but prefer to move to another stock for the divi, so now divi hunting.

I have AV. & SL. (both next week) & RSA on the 28th.

Also next week CHG (10.80p) if you fancy some upside.

Yep, CHG looking better than AV. imo for potential upside + divi.

Nomura retains it's Buy TP 650.00

HSBC HSBA

CHART OF THE DAY

Investors Inteligence..........

Chart of the day: HSBC breaks short-term downtrend....
HSBC is gathering impetus for an upside breakout (see right). Yesterday saw the banking heavyweight gap up from 560p. This brushed aside the possibility of downtrend renewal, and, reaffirmed the 200-day moving average as support (see right).

With the US banking sector charging to the upside, HSBC may benefit from this sentiment. Furthermore, HSBC's relative strength is improving.

Overall, we would accumulate the stock to bet on further rallies. The target is at 600p; stoploss at 545p.

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Certainly £6 looks achievable short term - everything else being equal :-)

Think thats a bit skinny of them skinny. I got 620p 1st up pencilled in.

Think it may be underperforming today due to divi.

As I've posted above, I'm going to hold for a while longer (bought @547.78 on 27th Feb) - I'm guessing that the best performers (sector wise) will be these and STAN.

Did someone call? -): Well done you two, divi and capital gain, excellent play!

Had to go out, so couldn't watch my screen. Happy with the result, but could have done better!
If only gf had posted his TA earlier! ;o)

Sorry Harry.

HSBC HSBA

Brokers by and large rather positive
here on the stock.

Undermanding P/E of just over 8 to 2013

Very Cheap...

NAV per share interesting.

HSBC Holdings PLC

FORECASTS 2012 2013
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Seymour Pierce
13-03-12 HOLD
WestLB
13-03-12 ADD 27.72 30.25
SG Securities
13-03-12 BUY 50.59 29.01 73.68 32.16
Exane BNP Paribas
13-03-12 BUY 11,505.11 56.40 26.94 13,227.65 62.66 29.45
Daniel Stewart
12-03-12 UREV
Charles Stanley
09-03-12 HOLD
Shore Capital [R]
02-03-12 HOLD 13,693.64 55.09 27.86 15,783.31 63.96 30.40
Investec Securities
07-12-11 BUY 80.42 77.31
Nomura Research Institute
07-12-11 BUY
The Royal Bank of Scotland NV
28-11-11 HOLD 15,231.96 58.36 24.68
Keefe Bruyette & Woods Ltd [R]
20-06-11 MPER 14,264.06 66.10 32.00 16,930.07 78.60 36.80

2012 2013
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)

Consensus 12,915.67 57.15 27.54 14,249.91 68.34 30.71

1 Month Change -643.72 -3.17 0.50 -8.29 -0.13 0.92
3 Month Change -914.96 -3.72 0.75 -469.51 -0.06 1.30


GROWTH
2011 (A) 2012 (E) 2013 (E)

Norm. EPS 38.18% -4.31% 19.58%
DPS 15.15% 9.75% 11.50%

INVESTMENT RATIOS
2011 (A) 2012 (E) 2013 (E)

Dividend Yield 4.38% 4.81% 5.36%
Dividend Cover 2.38x 2.08x 2.22x
PER 9.58x 10.02x 8.38x
PEG 0.25f -2.32f 0.43f
Net Asset Value PS 453.36p 553.51p 590.90p

Broker upgrade just out......

HSBC Holdings FTSE 100 Financial Buy 650 576.8 12.7% Nomura

Target SP 650p 12.7% upside

StockMarketWire.com
HSBC subsidiary Hongkong and Shanghai Banking Corporation has entered into a subscription agreement to subscribe for new H-shares of Bank of Communications Co to be be issued as part of a private placement. HSBC has agreed to subscribe for 2,355,939,435 H-shares at HK$5.63 per share.

The total consideration of HK$13,264m will be funded in cash from internal HSBC Group resources.

Following the subscription, HSBC's shareholding in BoCom will be no less than its current 19.03% shareholding.

HSBC made its first investment in BoCom, China's fifth largest bank by total assets, in August 2004.

650 coming, IMO

550 coming, imo.