Barclays Share Discussion Threads

[diku] 30/4/2015 07:11

Porty like Barc tooooooooooo much....just not the board!!...

[fjgooner] 29/4/2015 20:33

Then why oh why do you not simply sell your BARC stock and move on, Portside? Life's too short to waste your energies on hate and loathing.

[portside1] 29/4/2015 16:46

dr they are not good and ever one on cnbc said the same
still paying out for the crooks in the bank and still paying the crooks
salaries and pensions .
they are sticking their two fingers up to us holders
they held the agm before the q1 because they new they were rotten

[dr biotech] 29/4/2015 16:22

Results look OK to me. Litigation costs seem never ending though. Thats £2bn or so thats being handed over to regulators rather than shareholders. You can see why so many think banks are uninvestable due to "fine inflation".

Longer term it looks like the transform program is working and the costs are coming down. McFarlane took a lot of action to turn Aviva around fairly quickly. Hopefully he can do that here. He will certainly keep Jenkins on his toes.

[portside1] 29/4/2015 16:21

just after 7am they said on cnbc could not see any point in holding this bank

[nsn0] 29/4/2015 15:31

Sorry pardon? You know this info from cnbc?

[portside1] 29/4/2015 14:47

Material adjusting items:

-- Provisions of GBP2,050m (Q114: GBPnil) have been made for investigations and litigation primarily relating to Foreign Exchange. This includes additional provisions of GBP800m recognised in Q115

-- A GBP429m (Q114: GBPnil) gain was recognised as the valuation of a component of the defined retirement benefit liability was aligned to statutory provisions

-- An additional PPI redress provision of GBP150m (Q114: GBPnil) was recognised based on an updated estimate of future redress and associated costs

-- A GBP118m (Q114: GBPnil) loss primarily relating to accumulated currency translation reserves recycled upon the completion of the Spanish business sale

[nsn0] 29/4/2015 14:09

Portside how do you know that big investors are stunned and are asking for him to be sacked?

[portside1] 29/4/2015 14:03

big investors are stunned by Jenkins statement asking should the clown be sacked

[portside1] 29/4/2015 13:55

Chief Executive's review of the year: A stronger, more balanced business

Antony Jenkins, Group Chief Executive




“ Barclays today is a stronger business, with better prospects, than at any time since the financial crisis. ”

is Jenkins on drugs is statement above makes him a nutter
the q1 results are terrible

[portside1] 29/4/2015 12:36

Finally, we need to ensure that Barclays is an attractive investment proposition going forward. Currently we are still trading below book value and with a dividend level less than we would wish. We therefore remain a recovery proposition for shareholders that we need to see through. We need to complete this phase and move to a sustainable long-term proposition that has an appropriate balance between dividend yield and EPS growth. This would require us to produce free capital and cash flow for dividends and investment. Recently, since below the line costs broadly offset our above the line operating profit, we have so far been unable to secure such a position satisfactorily. We therefore need to get the errors of the past behind us, to achieve a satisfactory rate of revenue growth, greater cost discipline and a more dynamic reallocation of capital

[portside1] 29/4/2015 11:27

looks like bad results have killed you all off .
but the directors bonuses are very good for failure

[portside1] 29/4/2015 08:47

cnbc do not rate the new chairman she said he did not turn round businesses
she said he as done very little

[portside1] 29/4/2015 08:25

webcast 9.30

[portside1] 29/4/2015 08:16

the results are not good you can now see why they had the agm before the up date . why have they not sacked any one at this bank of crooks

[kenbachelor] 29/4/2015 07:54

Yes Matt twice in a row, always the bridesmaid but never the bride.

Well done.

[blackberry122] 29/4/2015 07:52

apart from the extra provision and a temporary decline in bcard profit seems like a solid set of results. even the IB came in higher.

any good analysts will look behind the headlines. I get the feeling they are rolling over to get the litigation settled and out of the way. the new chairman said this was a priority.

[mbmiah] 29/4/2015 07:43

Market will focus on the negatives....Statutory profit before tax decreased 26% to GBP1,337m which reflected adjusting items of a net loss of GBP511m (Q114: net gain of GBP119m)