Barclays Share Discussion Threads

[smurfy2001] 04/5/2015 18:33

Return that cash to Barc shareholders now!!!

[mbmiah] 04/5/2015 18:02

The last war?

[portside1] 04/5/2015 14:37

of topic . why does the uk and all other eu countries not ask Germany to pay for the last war

[johnwise] 03/5/2015 07:11

HSBC expected to take new forex charge ahead of new fines

HSBC is expected to set aside hundreds of millions more dollars for foreign-exchange manipulation fines this week, as US authorities close in on a settlement with more than half a dozen banks.

[smurfy2001] 02/5/2015 15:04

Just imagine the share price and dividends if it wasn't for all these fines. If you are patient these stocks could fly as the fines drastically reduce.

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City
Britain's largest banks have paid 60% of their profits since 2011 in fines and repayments to customers, according to a report by accountants KPMG.
Costs including repayments relating to Payment Protection Insurance (PPI) and so-called interest rate hedging products cost banks £9.9bn last year.
It was a reduction of 8% from 2013, said KPMG.
The accountants analysed the results of Royal Bank of Scotland, Lloyds, HSBC, Barclays and Standard Chartered.
The total in penalties for the last four years was £38.7bn.
Banks have been repaying customers who didn't want, ask for or understand PPI - an insurance against missing loan repayments. Their PPI bill is now £24.4bn, according to consumer group Which?.
Profitability
Nine UK banks have reimbursed business customers to the tune of £1.8bn after selling them complex deals on interest rates they probably did not understand or were likely to cost them more than a regular loan.
Another source of worry for banks will be their return on equity, a profitability measure showing how much money they make for investors, says the report. It is currently below their cost of capital - what investors demand for the risk in investing in banks.
But a stronger capital base after tighter regulations forced them to raise money or keep profits means banks were in a "healthier shape," it said.
HSBC, Royal Bank of Scotland, Swiss bank UBS and US banks JP Morgan Chase, Citibank and Bank of America were all fined a collective £2.6bn by UK and US regulators for their attempts to manipulate foreign exchange rates.

[triktrak] 01/5/2015 16:54

Barclays still a ‘buy’ despite compensation costs

Barclays (BARC) first quarter results were a little light on profit but the bank is ahead on its restructuring plan.

Deutsche Bank analyst Paul Reynolds retained his ‘buy’ recommendation but reduced the target price from 310p to 305p as ‘core profits were 3% light’. The shares were trading at 255.3p yesterday, down 2% since the results were announced.

‘Our core earnings per share estimates are cut 2-4% but the bank’s discount valuation leaves 20% upside potential to our 305p target price with a 2.5% running yield,’ said Reynolds.

The bank reported a statutory profit of £1.3 billion, down 26% on a year ago, as it set aside an extra £800 million to cover potential compensation costs related to alleged foreign exchange rigging.

But Reynolds pointed to restructuring that was progressing ahead of plans.

‘As promised by new chairman John McFarlane, Barclays is becoming better structured to generate free capital for growth and dividends,’ he said.

[smurfy2001] 01/5/2015 15:52

I've bought back 10,000 @ 253.85.

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smurfy2001 24 Apr'15 - 13:10 - 111719 of 111803 0 0 edit

Well i've finally decided that i'm going to start reducing my Barclays stake after many years of posting on this board.

First slice dumped.

Following your instruction, we have sold on your behalf
Stock Name: BARCLAYS PLC ORD GBP0.25
Quantity: 10000
Price: 2.650180 GBP
Consideration: 26501.80 GBP

[blackberry122] 01/5/2015 15:52

well Berenberg got it right last time, but I think that was a bit of a fluck following the dark pool etc. I honestly doubt 200 is on the cards any time soon, in fact I am more confident after recent results and with the new chairman that over 300 will be achieved this year sometime.

[smurfy2001] 01/5/2015 14:17

Too short term

[johnwise] 01/5/2015 12:33

Berenberg cuts Barclays to 'sell'

Berenberg has recommended investors to 'sell' shares of Barclays, saying that positive catalysts at the bank "seem further away than we hoped".

The broker lowered its rating on the stock from 'hold' and cut its target price from 220p to 200p.

[the grumpy old men] 01/5/2015 11:11

7 May 2015 1p 1st Interim Ex Dividend
15 June 2015 1st Interim Dividend Paid

[portside1] 01/5/2015 09:11

lloys going up the bank that at to take tax payers money

barcs down and still no sign of life at the bank
directors milking the company and silent

[mbmiah] 30/4/2015 23:54

What the hells an iPath? Lol

[mbmiah] 30/4/2015 19:31

Believe it or not, the trend is actually upwards - that chart is a little thwarted IMO

[the_man_with_the_pink_gun] 30/4/2015 13:05

STRONG SELL

TARGET £2.20P

[portside1] 30/4/2015 12:52

dr the new chairmans statement says one thing to me he says Jenkins is doing a good job if that is the case why are all pundits saying he as failed
2013 ceo statement
2014 ceo statement
2015 ceo statement

they are all the same read them no difference in any of them
2013 shareholders will be rewarded in 2014 then t 2015 now its 2016 nextyear will it be 2017,
then announce a change in ceo and we start again
let be honest dr Barclays is full of liars and crooks