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Opinion on  HSBC Holdings plc (HBC)     Sector: Financial  >  Industry: Money Center Banks
Bearish on HBC ...

Oct 15, 2008 02:47 PM GMT
Photo_30
Return Risk
+7.46% LOW
Associate

Having acquired HHI, the prime mortgages portfolios and Alt-A will drag their business. Also handicapped in the US and some emerging markets because of the current consolidation. Though they have come out well capitalized and unscathed in the recent crisis, getting back to business they are likely to suffer reverses in their growth plans

HBC:  This call was made on 10/15/08 @ $72.01
Rating:   Negative   $72.01 (10/15/08)
Closed:   01/17/2009 @ $41.33 (+42.61% in 93 days)


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ozipek   N/A     1 point   commented 411 days ago reply

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zyaadakairaada previously rated HBC
Positive -0.65% Motivated research from MS
01/17/2009
7
Negative +6.62% Bearish on HBC ...
09/30/2008
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