Barclays Share Discussion Threads

[kenbachelor] 22/6/2015 17:29

Thank you for the explanations Smurfy. I think I'll stick with my spread-betting.

[dr biotech] 22/6/2015 16:46

Exposure to Greece was reduced some years ago. I think the amount of Greek debt that the major UK banks hold directly has been negligible for some time.

Its time they made a proper deal. Either write it off, or write of ever having to pay interest on it. Then tell them that under no circumstances can they borrow more until it reaches say 60% of GDP through growth/inflation/improved tax collection. Its not rocket science.

[astol] 22/6/2015 15:45

ADRs also flying in the US-Greek banks up some 20%!!!on bloomberg

[mrcravat] 22/6/2015 15:44

It good news and even better that UK banks exposure to Greece has been reduced over the last 12 months.
275 next hurdle to clear..

[astol] 22/6/2015 15:39

on Bloomberg a guy said that the odds at the Bookies for Greece to stay in the Eurozone are odds on 1/5-good enough reason for the rally today !!!!

[smurfy2001] 22/6/2015 15:22

The market is no doubt betting a deal will happen, let's face it all this doom and gloom is pure click bait.

[smartypants] 22/6/2015 14:31

So..update..there has been no deal struck..but they have things they can talk about doing..well thats news !!
Does any one care..stocks are flying..might be a deal by the end of the week..same as ..last week and every week before that...?

[astol] 22/6/2015 14:29

+5p reached just before Dow opens- very nice!!!

[smurfy2001] 22/6/2015 12:05

Ken,
We've all been patient and given the lessening fines and potential for dividend rises I'm holding on that long term holding.

As for why l use CFD's short term,

* Contract has no end date (so no need to renew it)
* No stamp duty
* Bed and breakfast rule does not apply (buy CFD immediately after real shares sold if you want)
* Market bid/offer
* Use DMA to place trade at your own price in-between the bid offer spread for example
* Offset any losses against capital gains

The last one is most useful. There's still daily finance but that can total less then stamp if held short term.

[kenbachelor] 22/6/2015 10:01

Smurfy - I don't understand what the benefit is of CFD's as opposed to spread-betting. If you're using them there must be one, so can you enlighten me?

[kenbachelor] 22/6/2015 09:59

I've still got mine as well Smurfy. I just hope they continue their slow rise for a few more months as I'm looking for a bungalow and I might need the money quickly.

[alphorn] 22/6/2015 09:49

A positive on Barclay's systems for a change - their new electronic foreign currency payments system seems brilliant. ;)

[smurfy2001] 22/6/2015 09:48

Ken, just a CFD trade (didn't want it open the weekend just in case), still got my main holding though.

[kenbachelor] 22/6/2015 09:34

Smurfy - Please don't tell us you sold on Friday, knowing that a deal has to be done soon.

[smurfy2001] 22/6/2015 09:09

Ughhh, why didn't this happen Friday when l had a trade open?

[diku] 22/6/2015 08:54

On anticipation of a deal....all the deal options will be used up then what?....

[smartypants] 22/6/2015 08:32

So..the deal is done..and panic is over..??
What...No..there hasn't been a deal struck yet...but things look a little more possitive..but already up 1.5%..what if nothing comes of talks...again ??

[cumnor] 22/6/2015 08:30

Entirely predictable, lambs piling in....when nothing has changed. Market has known for months a desperate Greek 'deal' would be done...but the big money/funds are dumping shares in anticipation of 3% interest rates in a year. A Greek deal where creditors will never get a halfpenny back will push interest rates higher than most think. Markets are f.....d...

[astol] 22/6/2015 08:17

on the way to the +5p and tomorrow another +5p after the EU meeting

[astol] 21/6/2015 23:59

make that 10p with the shorters closing

[diku] 21/6/2015 23:39

The usual script of the 11 hour deal!!....

[astol] 21/6/2015 23:05

Looking good for a +5p increase on the share price tomorrow- looks like the Greeks have come up with a new proposal which should be accepted-and note FTSE futures up 30

[philo124] 21/6/2015 19:39

Yep,it was all about the Germans breaking away from their super strong D Mark currency so they could export more.

[alphorn] 21/6/2015 12:45

Johnwise - interesting article - he talks at length about political aims then talks of the benefits of economic prosperity and trade. Lamont was and still is IMO a clown.

[mrcravat] 20/6/2015 23:55

In fairness portside1 does not say what year.
Maybe time for another competition?
Lots can happen between now and Spt with the ongoing Greek crisis/results due on July 29th & more legal nightmares springing up..
GL