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Hsbc Rights Issue

I have received my rights for HSBC. As a rule I would have ignored anything to do with shares but with it being HSBC I am seriously considering taking up the rights and buying them. Any thoughts on the matter?

Comments

  • oxenryd
    oxenryd Posts: 478 Forumite
    Same here.

    Wouldn't normally but this seems good.
    Originally Posted by Dr Cuckoo3
    Your bank and bank card does say something about the kind of person you are: Big 4 banks=sheep;),Santander=someone who doesnt mind incompetence:p,COOP=Ethical views,a campaigner:cool:,First Direct/Coventry=someone who thinks they are better than others:o,NI Bank card when living on the mainland=Aspergers :D
  • I've been searching for an answer on the internet, but can't find too much info.
    If you want them for the dividend - then maybe they are not such a good buy as the bank will tighten it's belt and profits are unlikely to rise to the exhorbitant levels of old.

    That said, I've never known the share price be this low, and expect them to rise steadily, so perhaps in a year or two they will be worth a lot more and can be sold at a tidy profit.

    ARGH - dont know what to do!! :confused:
  • ecclesto
    ecclesto Posts: 272 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I have been looking at reports and advice from financial people and they are likewise giving different views. Just don't know which way to turn!
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