Agree g_willis, believe the Malayasians will continue with the 1p dividend. They are looking to expand the franchise and improve the inhouse design of products. With asia and the middle east there are areas for further growth and hope to see the shares pushing towards the 30p mark this time next year with some good results.
Recent article on Interactive investor for HSBC: Thirdly I'd go for HSBC (LSE:HSBA) (NYSE: HSBC.US). Banks can be more volatile investments, but HSBC's position as one of the world's largest banks makes it special. Its earnings will rocket if -- and when -- the developed economies finally reach escape velocity, whilst its dominant position in Asia is a play on China's continuing growth. Meanwhile, its shares trade on a cheap multiple of 10.7 times earnings, with a yield of 5.3%.
mono51, doubt they will be taken over as the Malaysians seem more interested in developing the franchise side of the business around the world.
over the last 52 weeks the lowest has been 22.50.
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