UK 10:13 Sunday, 4 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Hello Share Splurgers. This ageing analyst has recently commended the big four high street banks to your further research. May I now add another bank, Standard Chartered (STAN).
Hello Share Tweakers. It still takes courage to commend a bank, but if we ignore the big ones we may be missing out on the financial recovery that's going on. Look at how Lloyds (LLOY) shares, for example, have increased in the last few weeks. Any road up, today's commendation is Standard Chartered (STAN).
Hello, Share Timers. You may think I’m mad to recommend looking at any banks at the moment. The doomsayers warn of the possibility of a second spike which would kibosh the chances of banks collecting on loans and cause them other nightmares, too. But we do seem in recovery now. And though British banks lost two-fifths of their value compared to many other sectors, they could be fast to bounce back...
Banking shares aren’t exactly in favour at the moment, with concerns over the lasting impact that Covid-19 is going to have on the economy in general, and as if that wasn’t enough, any banks wirth major dealings in Hong Kong have suffered a double whammy due to the escalation of the situation with China.
Hello, Share Magnates. Given my general wariness of banks - even though I own quite a bit of High Street bank stock - I have not lately featured Standard Chartered (STAN). But, unlike the big four British banks, Standard Chartered has released some encouraging figures for the third quarter of this year...
Banks have had a torrid time over the past few years, and few have been hit quite so hard as Standard Chartered (STAN), but this could present a longer term buying opportunity.
2014 was a disappointing year for Standard and Chartered (STAN) the long established, deep rooted South East Asian and African banking group. The conditions for commercial and profitable recovery did not materialize in the first half to 30 June 2014 and there were several episodes of downgrading of expectations by the management which had self-evidently not been reflected in previous market consensus profit estimates.
If I were a poet looking for some metaphor or simile to describe the near majestic decline of the Standard & Chartered (STAN) share price this year, I would chose to compare it to that great fountain fed, monumental landscaped waterfall at Chatsworth House, where the water cascades down in steps from a great height, until it reaches its distant bottom. But has Standard & Chartered reached its bottom at long last?
When I looked at this former Far East wunderkind bank in May, I was critical of its rather impressionistic form of reporting.
Standard Chartered (STAN) was one of the best performing financial stocks until the debt bubble burst in 2007. While the stock has recovered relatively well from the financial meltdown, it has yet to make a new high above the December 2007 high [1975p]. The stock is still in a bear market and a possible shorting opportunity could be brewing.
Standard and Charter Bank (STAN) has a capacity for issuing statements with blurred outlines, which contrast with the almost legal documentary offerings, by way of management statements, from other banks. Consider, for example, the Q1 management statement from HSBC (HSBA), which opened with a glossary of terms and acronyms with their definitions which you expect to find in a prospectus or a contact. There is a myriad of precise percentage and other numbers in that Management Statement from HSBC
Those clever (and very well-paid) people at Bank of America Merrill Lynch every month produce a document which collates the thoughts of fund managers around the world. Two of the clearer recent trends has been a near universal positive bias towards financial companies…and a negative bias towards the emerging markets. This could present an excellent opportunity for shareholders in Standard Chartered (STAN).
Having been following in the footsteps of this share in the last several weeks and having seen its price at last bounce off a trend line, as desired, I have pounce at a 1356p share price, to gift wrap it as a Christmas share purchase idea.
On the 2 December I asked whether Standard and Chartered (STAN) shares would bounce or not bounce off a technical chart support line? Now we have the answer! The share price then, was 1429p; today, last seen, it was 1286p, down a further 10% on talk of a rights issue. Having cracked that perceived trend support line, they are now at or very close to the bottom of a near three year trading range.
To bounce or not to bounce? I have been watching the Standard and Chartered (STAN) share price like a man hopefully looking for a parting of clouds after bad weather but they do not part!
