devonplay
03 Sep 2018
An 18 month low I had them on my desktop list with an intention of topping up with the August dividend pot (in september). I believe there’s another potential court case, New York, for money laundering. I just caught the end of a report on Bloomberg, so I’m going to do a bit of research on that before topping up. Just in case I miss heard. I’d got it on in the background and was on a call at the time. For anyone interested: this, a european income etf and a couple of high yielding reits are also on my potential buy list for September. DL
Boyobach
03 Sep 2018
An 18 month low Oddly enough I’ve become more wary - the trend seems to be very determined with no sign of a reversal or, more to the point, a firm support line much above 600. Sitting on the sidelines before topping up with, hopefully, my last tranche.
Yee_Wo
03 Sep 2018
An 18 month low I’m still hovering over the BUY button with this! 636p as I type…
Boyobach
27 Aug 2018
An 18 month low Hi Yee, thanks for your post. I hope all is going well for you - think I saw your posts over on HSBC? STAN appears to have let us both down a couple of years ago and is still a risky one as far as I’m concerned. But every portfolio needs a balance of sectors and risks. I’ve re-acquired about 70% of my intended core holding in STAN and plan to acquire the remaining 30% depending on price movements. I’m much more circumspect these days! Kind regards.
Yee_Wo
26 Aug 2018
Time to buy? 647p as I type, Time to Buy yet?(!!).
Yee_Wo
26 Aug 2018
An 18 month low Hello Boyobach, I’ve licked my wounds and long-gone from StanChart. I do vaguely recall on this board (in old format) stating that @ <650p StanChart was a BUY! As I type the price closed last Friday at 647p, probably worth pulling the trigger. “WHY?†- Fiscal normalisation in the USA is causing an EM slowdown (witness Turkey & Russia already), Hot Money goes back to $ fixed interest rather than chasing yield/return in riskier places. Anything that damages sentiment in EM can’t be good for StanChart!
devonplay
31 Jul 2018
Half Year Report Halford interview on Bloomberg at 9.30
devonplay
31 Jul 2018
Half Year Report [link] DL
Boyobach
18 Jul 2018
An 18 month low So what is the story here? After losing more than I’d like on Stan back in 2014, I’ve occasionally traded it since but am more recently considering a long term holding. Now it’s at its cheapest since January 2017 after a sharp one month drop. Why?
Yee Wo
07 Jun 2018
Re: 1998 Revisited..... IMHO the era of mega mergers creating yet another too big to fail monolith in th banking industry have long gone. I just can't see it. Disc. Hold HSBC only in the sector.
old_punter
27 May 2018
Apols per previous email Sorry, the price was 750p not the upper case &%)p per previous email.
old_punter
27 May 2018
Time to buy back? Having thought a deal with Barclays unlikely, in the shorter term, and having seen the rubbishing of the idea by analysts I fortunately dumped my shares c780p with a view to buying back c750p. So obligingly back to c&%)p I am buying again as a decent recovery story and at the sort of price before the FT article about a tie up with Barclays.Clearly, there is some appetite among the head honchos for a deal and this may not go away. However, some "progress" needs to be made on regulatory outstanding matters and possibly fines at both banks beforehand I would think.
dandigirl
24 May 2018
Re: 1998 Revisited..... While I don’t think that Barclays will lose their licence, I do agree with your sentiments. I loathe everything about Barclays with a passion. For a long while now they have had a very bad culture. My local branch is particularly bad on attitude. I have a long running dispute with Stockbrokers over a much delayed transfer to another broker where they are nickelling and diming about paying our losses never mind compensation. I have other examples of past bad behaviour. They are just awful in every respect. I would be ashamed to say I work for them. This has been going on long before Staley but he does seem a wrong’un. Looking for a whistleblower is just bad behaviour. Culture starts at the top and whilst Staley is there just what example can he set now? Anybody listening to him trying to improve matters would fall about laughing. My guess is Johnny Mac would like to get rid and one of the benefits of a link up with STAN would facilitate this as Winters would take the top job. Bye bye Jes. Unlike others, I do think there is a fit but I don’t think the time is right just now. In due course it could be a challenger for HSBC.Maybe later when STAN’s Deferred Prosecution Agreement is behind it and the Quatari nonsense is past.Needless to say I don’t hold Barclays shares.
IB Investor
24 May 2018
Re: 1998 Revisited..... I would be very hesitant about anything to do with Barclays - it is possible they could loose their banking licence. Standard Chartered however are now on the road to recovery
devonplay
23 May 2018
Re: 1998 Revisited..... "Anyway, I have sold some LLOY and doubled my holding in STAN on the off-chance."I haven't added to my holdingin STAN, mainly because I'm expecting LLOY to drift down and I'd like to add more of those first.So I think you've called LLOY right.Agree, I cant see anything during the summer, I'm just hoping I can do both.Add LLOY over the summer, STAN early September.Thanks for the more detailed background information.DL
