Barclays Share Discussion Threads

[sr2day] 19/3/2015 09:17

still cheap,very cheap.

[johnwise] 19/3/2015 08:39

Closet socialist Osborne to take more £ from banks so that banks will have less money to lend to fund growth in UK businesses:

Osborne also clobbered UK banks with a £5.3billion tax raid. This included the ninth hike in the bank levy since it was introduced in 2011, in a move expected to raise an extra £4.4billion over the next five years.

[bernie37] 18/3/2015 16:44

• The DOJ is considering revoking years-old settlements and prosecuting banks for manipulating interest rates should they be found to have committed currency-rigging after after deals were negotiated.
• "Where banks fail to live up to their commitments, we will hold them accountable," said the DOJ's Leslie Caldwell. "The criminal division will not hesitate to tear up a DPA or NPA and file criminal charges."
• Banks under investigation: BCS, RBS, UBS, HSBC

[johnwise] 18/3/2015 08:41

Barclays bosses raked in £16.5 million in share awards despite billions spent on financial scandals

SEE LIST

[diku] 18/3/2015 08:01

Exclusive PLC bonus club!....

[johnwise] 18/3/2015 07:01

Bonus bonanza for eleven Barclays bosses including chief executive Antony Jenkins as they share total jackpot of £16 million

[bernie37] 17/3/2015 19:27

If there's a better growth industry out there than legal work for the big banks, we haven't heard about it. In another of a long line of settlements over any number of issues, Citigroup (C +0.3%) and Barclays (BCS -1%) are soon expected to come to terms with private investors over forex manipulation charges, reports the WSJ.According to sources, the two are expected to pay as much as $800M combined - more than double the amount extracted from JPMorgan or UBS in a similar matter.Naturally, there will be plenty more to come as Citi, Barclays, and all the others continue to face probes from the DOJ and other regulators, with the DOJ pressing for criminal guilty pleas.

[bernie37] 17/3/2015 19:27

If there's a better growth industry out there than legal work for the big banks, we haven't heard about it. In another of a long line of settlements over any number of issues, Citigroup (C +0.3%) and Barclays (BCS -1%) are soon expected to come to terms with private investors over forex manipulation charges, reports the WSJ.According to sources, the two are expected to pay as much as $800M combined - more than double the amount extracted from JPMorgan or UBS in a similar matter.Naturally, there will be plenty more to come as Citi, Barclays, and all the others continue to face probes from the DOJ and other regulators, with the DOJ pressing for criminal guilty pleas.

[portside1] 17/3/2015 13:45

now is also time to buy JIL FOR A 30% RISE BY AUG

[portside1] 17/3/2015 13:38

just added 978 in LRE ex div tomorrow close div 39p and a bigger div of around 80p in nov

[moneysage] 17/3/2015 13:33

Banks do not change overnight and without substantial transformation costs.

[andrewbaker] 17/3/2015 12:42

Worth buying or topping up now as price near its lower trend channel line, worries about more fines overdone, and a bright future as a bank in a recovering world economy, IMHO. And the divi is useful too, lol.

[dr biotech] 17/3/2015 10:14

thought you said this was full of crooks run for crooks, headed by a crook. Would surely make it a sell?

[portside1] 17/3/2015 09:52

div to double over the next two years . makes this a good buy

[bernie37] 17/3/2015 09:49

most misunderstood companies. On the face of it, the bank is struggling to turn around its failing investment banking division, and legacy issues are costing the bank billions to wind up.
However, if you look past these short-term issues, Barclays' underlying business is powering ahead. Then there's Barclays' secret weapon to consider: Barclaycard.
World leading
Barclaycard is one of the world's top ten credit card issuers. The business handles around half of the credit card payments within the UK and South Africa and is the number one credit card issuer in Africa and Europe.
And Barclaycard is growing rapidly. The company has added over seven and a half million customers in the past few years, and unit profit jumped 15% during 2014 to just under £1bn.
Based on this figure, if Barclaycard was valued as an independent entity it could be worth around £14bn. This valuation is based on the fact that Barclaycard's close peer American Express is trading at an earnings multiple of 14 times forward earnings.
Underlying growth
Barclaycard is not the only part of Barclays that's growing rapidly. In particular, Barclays' personal and corporate banking arm reported a 29% jump in adjusted pre-tax profits for 2014. What's more, the divisions return on equity -- a key measure of banking profitability -- hit 12% during 2014. This is almost double the average return on equity reported by Europe's largest banks for 2013.
It's clear that Barclays' underlying business divisions are charging ahead and for that reason, the best way to try and put a value on Barclays is to use a sum-of-the parts valuation. For example, as noted above the Barclaycard business should be worth in the region of £14bn by itself, if it was spun off from the Barclays group.
Additionally, the personal and corporate banking side of Barclays' banking business, which produced profits of £2.1bn during 2014, could be worth around £25bn based on a multiple of 12 times 2014 earnings.
All in all then, the Barclaycard and Barclays personal businesses are worth in the region of £40bn alone. At present, Barclays' market cap stands at £42.7bn.
But these numbers exclude Barclays' African business and the group's investment bank. These two units generated a profit of £775m during 2014. An undemanding multiple of 12 times earnings for these two businesses gives a valuation of £9.3bn.
Foolish summary
So overall, adding together all the parts of Barclays' business gives a total value of £49.3bn, a full 15.5% above the bank's current market cap.
Still, as always, I strongly recommend that you do your own research before making any trading decision -- you may come to a different conclusion.

[bernie37] 17/3/2015 09:45

most misunderstood companies. On the face of it, the bank is struggling to turn around its failing investment banking division, and legacy issues are costing the bank billions to wind up.
However, if you look past these short-term issues, Barclays' underlying business is powering ahead. Then there's Barclays' secret weapon to consider: Barclaycard.
World leading
Barclaycard is one of the world's top ten credit card issuers. The business handles around half of the credit card payments within the UK and South Africa and is the number one credit card issuer in Africa and Europe.
And Barclaycard is growing rapidly. The company has added over seven and a half million customers in the past few years, and unit profit jumped 15% during 2014 to just under £1bn.
Based on this figure, if Barclaycard was valued as an independent entity it could be worth around £14bn. This valuation is based on the fact that Barclaycard's close peer American Express is trading at an earnings multiple of 14 times forward earnings.
Underlying growth
Barclaycard is not the only part of Barclays that's growing rapidly. In particular, Barclays' personal and corporate banking arm reported a 29% jump in adjusted pre-tax profits for 2014. What's more, the divisions return on equity -- a key measure of banking profitability -- hit 12% during 2014. This is almost double the average return on equity reported by Europe's largest banks for 2013.
It's clear that Barclays' underlying business divisions are charging ahead and for that reason, the best way to try and put a value on Barclays is to use a sum-of-the parts valuation. For example, as noted above the Barclaycard business should be worth in the region of £14bn by itself, if it was spun off from the Barclays group.
Additionally, the personal and corporate banking side of Barclays' banking business, which produced profits of £2.1bn during 2014, could be worth around £25bn based on a multiple of 12 times 2014 earnings.
All in all then, the Barclaycard and Barclays personal businesses are worth in the region of £40bn alone. At present, Barclays' market cap stands at £42.7bn.
But these numbers exclude Barclays' African business and the group's investment bank. These two units generated a profit of £775m during 2014. An undemanding multiple of 12 times earnings for these two businesses gives a valuation of £9.3bn.
Foolish summary
So overall, adding together all the parts of Barclays' business gives a total value of £49.3bn, a full 15.5% above the bank's current market cap.
Still, as always, I strongly recommend that you do your own research before making any trading decision -- you may come to a different conclusion.

[portside1] 17/3/2015 09:35

i think it is now time to start building holdings

[portside1] 17/3/2015 09:34

at 9.27 i added 4428 at 252p it is down as a sell it was a buy mine that gives me 50.000

[bernie37] 17/3/2015 09:23

most misunderstood companies. On the face of it, the bank is struggling to turn around its failing investment banking division, and legacy issues are costing the bank billions to wind up.
However, if you look past these short-term issues, Barclays' underlying business is powering ahead. Then there's Barclays' secret weapon to consider: Barclaycard.
World leading
Barclaycard is one of the world's top ten credit card issuers. The business handles around half of the credit card payments within the UK and South Africa and is the number one credit card issuer in Africa and Europe.
And Barclaycard is growing rapidly. The company has added over seven and a half million customers in the past few years, and unit profit jumped 15% during 2014 to just under £1bn.
Based on this figure, if Barclaycard was valued as an independent entity it could be worth around £14bn. This valuation is based on the fact that Barclaycard's close peer American Express is trading at an earnings multiple of 14 times forward earnings.
Underlying growth
Barclaycard is not the only part of Barclays that's growing rapidly. In particular, Barclays' personal and corporate banking arm reported a 29% jump in adjusted pre-tax profits for 2014. What's more, the divisions return on equity -- a key measure of banking profitability -- hit 12% during 2014. This is almost double the average return on equity reported by Europe's largest banks for 2013.
It's clear that Barclays' underlying business divisions are charging ahead and for that reason, the best way to try and put a value on Barclays is to use a sum-of-the parts valuation. For example, as noted above the Barclaycard business should be worth in the region of £14bn by itself, if it was spun off from the Barclays group.
Additionally, the personal and corporate banking side of Barclays' banking business, which produced profits of £2.1bn during 2014, could be worth around £25bn based on a multiple of 12 times 2014 earnings.
All in all then, the Barclaycard and Barclays personal businesses are worth in the region of £40bn alone. At present, Barclays' market cap stands at £42.7bn.
But these numbers exclude Barclays' African business and the group's investment bank. These two units generated a profit of £775m during 2014. An undemanding multiple of 12 times earnings for these two businesses gives a valuation of £9.3bn.
Foolish summary
So overall, adding together all the parts of Barclays' business gives a total value of £49.3bn, a full 15.5% above the bank's current market cap.
Still, as always, I strongly recommend that you do your own research before making any trading decision -- you may come to a different conclusion.