Barclays Share Discussion Threads

[savogi] 08/2/2016 09:48

Mark my words.. We haven't seen anything yet. AND, We haven't heard the last of toxic assets by a long shot..

Those who expect the money velocity to rise are way off. They are led by morons and quacks from Bloomberg and so on.

I'd be shocked if it stops at a mere 50% loss.

[gotnorolex] 08/2/2016 09:26

When the momentum is downward there’s nowhere to hide! Wait.

[seball] 08/2/2016 08:40

Buy the dips. Expecting share price to rise on run up to results and divided payment. This is my pick of banks to buy. Good luck

[christh] 08/2/2016 08:24

LATEST Broker Views for Barclays

Date.....Broker.....................Rec.......New target price ......Notes
05 Feb 16 .Jefferies International...Buy........287.00.............Reiterates
01 Feb 16.Goldman Sachs.........Conviction..Buy.320.00.............Reiterates

[ckafetz] 08/2/2016 08:13

Interesting article. Suppose it's nothing we didn't already know but hope this is already priced in to today's share price

[johnwise] 08/2/2016 06:51

Barclays urged to ditch Africa unit and focus on core UK business



Wall Street Journal

Jihad Comes to Africa - Besieged Continent

[savogi] 07/2/2016 22:49

There is no doubt that Global risks is spiking, specially for the Financial sectors,as banks exposure to derivatives market is huge and guarantees massive write-offs...Right now,due to low fuel prices..and also banks exposure to fuel prices... not to mention the other exposure... I believe there is deep turmoil in the financial market and we could see the share price around 150 quiet soon.

[diku] 07/2/2016 21:02

How do they device the recession tracker...do they ask the joe public or financial gurus?...or is it a case of recession trackers doing the opposite of what the casinos are doing!!...

[diku] 07/2/2016 18:47

And Political law!....

[oliversanvil] 07/2/2016 16:34

AND DIVORCE LAWS!

[alphorn] 07/2/2016 16:02

He was on Lloyds at some point. Portside - who were you?

[ianood] 07/2/2016 15:49

Alp, wasn't he Telford?

[alphorn] 07/2/2016 12:53

Savogi - I think that portside had a different handle before this one.

[alphorn] 07/2/2016 12:52

Difficult subject - the gains that generated the fines were no doubt taxed in the first place.

[fjgooner] 07/2/2016 11:46

Just seen this on my travels. May be worth keeping an eye on for you chaps.



George Osborne challenged on 'unclear' bank fine tax rules

Chancellor George Osborne has been asked to clarify whether banks are offsetting the cost of fines they pay against tax to cut their tax bill.

Treasury select committee MPs raised concerns that banks fined millions for wrongdoing may be exploiting loopholes and "unclear" rules to pay less tax.

It is important taxpayers do not "bear the burden", committee chairman Andrew Tyrie told the chancellor in a letter.

The Treasury said it would respond to the letter in due course.

Under UK law, banks are not allowed to log fines they are forced to pay for mis-selling and other misconduct as a cost in order to reduce their profits and, in turn, the amount of tax they pay.




There are also tight restrictions about off setting compensation payments to customers against tax.

However, Mr Tyrie said it appeared in some circumstances banks were able to claim fines they paid to the regulator were tax deductable.

He called on Mr Osborne to confirm this was not allowed, as there appeared to be "some doubt" about the rules.

'Alarming'

It was "not just appropriate, but essential" that fines were not tax deductable, he said.

"It is important that taxpayers are not required to to bear any part of the burden of any payment import by the FCA or overseas regulators. The bill should be picked up by the bank's shoulders."

If banks were "not happy about it", they had a number of possible remedies, including controlling employees salaries and bonuses, he said.

He also raised concerns that settlements reached with foreign governments were sometimes structured in a way that allowed payment to be offset against British tax.

He did not know whether this suggestion was well-founded, but if it was true it would be "alarming", he said.

In recent years, banks including HSBC, Royal Bank of Scotland, Barclays and Clydesdale Bank have been fined by the FCA over misconduct.

[werty5] 07/2/2016 11:34

Ball deep I don't doubt that you have been correct in your analysis of Barclays share price what I do find hard to believe is you have some mate in a secret society who is feeding information to you.

[aussiedonnie] 07/2/2016 10:28

portside1
7 Feb'16 - 08:27 - 114509 of 114511 0 0


285p target I will be correct .

............

Did you mean 28.5p ; )

[ball deap] 07/2/2016 10:15

Wertu5, Ive been passing on my wisdom for months now , it's up to you if you take it, my next big short is SKY the Saudi Arabian owned TV channel. So over valued its ridiculous.Ball Deap - 29 Sep 2015 - 21:15 - 113049 of 114394 - 0Perfect storm inbound, as I said last month EU banks and indexes are going to get killed and they are in the process of getting killed. Look at STAN, it is heading for ultimate lows as I predicted, as is the DAX. Dyor,

[portside1] 07/2/2016 08:30

I also gave a tip to buy LXB AT 76P NOW 98P WILL BE 120P SOON

[portside1] 07/2/2016 08:27

285p target I will be correct .

[werty5] 07/2/2016 02:09

Great comedy on this board lol. Portside are you ball deeps illuminati mate?

[diku] 06/2/2016 23:13

porty..are we there yet at 280p?...