II Editor
03 Aug 2016
NEW ARTICLE: Standard Chartered swings back into profit "An intense cost-cutting campaign and transformation turnaround has pulled Standard Chartered back in the black. The future looks good, too, writes Graeme Evans.It's not quite a return to the boom times but LSE:STAN:Standard Chartered's latest ..."[link]
DevonianDracula
03 Aug 2016
Re: H1 135p margin over HSBA. Nice, and long may this continue to increase!
Yee Wo
03 Aug 2016
Re: H1 The lack of a Dividend indicates we're still Righting the Ship. 
(.
DevonianDracula
03 Aug 2016
H1 Underlying profit before tax - US$1.0 billionCET1 - 13.1%, marginally above the 12-13% target range.Could be worse, GLA
nk1999
22 Jul 2016
HL view [link] Chartered – emerging marketsDespite avoiding the Brexit banking sell-off, Standard Chartered is perhaps the recovery story with the longest time horizon. It’s possible to see light at the end of the tunnel for both Tullow and Ladbrokes, but Standard Chartered is still in turmoil.Given the bank’s focus on emerging markets, and emerging markets’ disproportionate exposure to commodities, it was inevitable Standard Chartered would suffer when the commodity cycle turned. But the bank’s challenges are more deep rooted than that.Standard Chartered fell foul of the US regulator after breaching sanctions imposed on Iran, paying a $667m fine in 2012 and a further $300m in 2014 after further breaches were uncovered. A monitor was also imposed on the bank, at its own expense, to ensure that its revised procedures were compliant. Regulatory costs remain a painfully high $1bn a year.The bank’s regulatory headwinds are indicative of what is causing investors real pain – a risk appetite that ran away with itself during the emerging market boom. Standard Chartered got close to South East Asia’s key industrial families, with an open chequebook, with the idea of becoming their lead commercial and investment banker. That backfired when some of those families’ businesses went spectacularly bankrupt. The result was a £3.4bn rights issue at the end of last year and the bank is now going through the painful process of unwinding those loans. Impairments are soaring as it writes off loans it considers defaulted in all but name. So where is the recovery potential?Standard Chartered is probably the UK bank least affect by Brexit. Following December’s rights issue Standard Chartered is well-capitalised, with a CET1 ratio of 12.6%, so the bank should survive its current troubles. Assuming nothing too dramatic happens in the meantime, it could emerge with strong positions in some of the most attractive and highest growth markets in the world. If the bank can hit a 10% return on equity, less than it was achieving before 2013, then that could mean an attractive dividend one day, with growth opportunities thrown in.Over the last four years though, Standard Chartered has proven anything but predictable."
DevonianDracula
14 Jul 2016
Re: Luck Turning? In the meantime, I have sacrificed all of my UK STAN at the altar of the great god Cash. To coin a phrase, I will be back, just not sure when.
Yee Wo
11 Jul 2016
Luck Turning? - StanChart is starting a Brokerage in Japan creating 100 positions.- 10 737-800'= NEO's ordered by StanChart at Farnborough.- The Oik who robbed the Holland Village branch of $30k in Singapore a few days ago has been detained in Thailand.None of the above perhaps Hugely Significant the The Bottom Line but nonetheless it is nice to be reading a positive news flow related to StanChart.Let's hope that the Half Year Results on 3rd August are positive also!!!
II Editor
01 Jul 2016
NEW ARTICLE: Hope for Standard Chartered "LSE:STAN:Standard Chartered is in quite a different position from the clown banks (aka the retail banks) as the share price has already bettered its immediate downtrend and looks to be in a position where decent market conditions can promote some ..."[link]
II Editor
01 Jul 2016
NEW ARTICLE: Hope for Standard Chartered "LSE:STAN:Standard Chartered is in quite a different position from the clown banks (aka the retail banks) as the share price has already bettered its immediate downtrend and looks to be in a position where decent market conditions can promote some ..."[link]
II Editor
01 Jul 2016
NEW ARTICLE: Trends and Targets for 1/07/2016 "Standard Chartered & Ferrari. (LSE:STAN and NYSE:RACE) Ferrari did a bad thing since our last update. The price relaxed to our 39 ambition, something of a surprise as their performance didn't completely stink at the European GP. Worse, it ..."[link]
DevonianDracula
22 Jun 2016
Re: STAN trades/finished Soi,One good point about this bb apart, of course, from your position updates, is that it has been almost entirely free of the brexit/remain rants, raves & sundry ......!A, fairly, recent tweet from the FT's John Authers saying that the pound looks to be priced almost as though remain has already won. I do hope the the pound will bounce a fair bit more on Friday, and that STAN also be firm, as a large part of my STAN are financed with Euro! GLA
soi
22 Jun 2016
Re: STAN trades/finished HiLast position at 563.4 long closed @ 568.8 just + 5 but ends a run that has made + 544 pts in total.I was gunning to make that.Out for now.To the genuine traders/investors I wish you all the Best.To those now on ignore who can only take pot shots, best maybe just leave your money in the bank and learn some manners.Has to rate as the most hostile board I`ve posted on.I owe one poster who was politely curious a reply: I`ll make that, belated .Maybe next week.Out soi
IB Investor
17 Jun 2016
price 519 add
soi
17 Jun 2016
Re: STAN trades 500.9 long add..........510.99 limit closed + 10.Also 495.34 long closed @ 505.39 + 10ATBsoi
soi
15 Jun 2016
Re: STAN trades 495.36 long add.Although I think no near term rate rise will hurt STAN, seems worth an add at this level.We`ll seeATBsoi
