Barclays Share Discussion Threads

[2rocketman] 23/11/2015 14:56

Think this will bottom shortly then there will be a profit to be had!!

2R.

[smartypants] 23/11/2015 08:24

Britain's top equity index edged higher on Friday and recorded its best weekly gain since early October,

[smartypants] 23/11/2015 08:15

US shares finished the week with its largest gain in a year, bolstered by so-called consumer discretionary and healthcare stocks, as investors continued to react positively to indications from earlier in the week that the pace of interest rate hikes in 2016 will be quite gradual.

That message appeared to be reinforced to a small degree on Thursday night and Friday in fresh remarks from three US rate-setters.

The Dow Jones Industrials Average ended the Friday session up by 91.06 points to end at 17,823.81, while the S&P 500 and the Nasdaq moved higher by 7.93 and 31.28 points each, to end the week at 2,089.17 and 5,104.92, respectively.

For the week as a whole, the S&P 500 was left sporting gains of 3.3%, alongside falling levels of volatility.
US equities gained grounds early on Friday, as Wall Street remained on track to clinch its seventh weekly gain in the last two months.

BARC is down how much on the week...month year ???

[christh] 23/11/2015 08:08

ftse started on the wrong foot, will it wake up later?

possibly....

[ceaserxzy] 22/11/2015 20:00

Mr. Jenkins was not able to rein in the IB department cost, neither was he able to materially improve the IB profitability at Barclays. Hopefully the new CEO will be more qualified and capable to do both with IB.

Don't forget that Mr. Jenkins has always been the second choice for the top job and he got it simply because the political correctness of the time.

[dr biotech] 22/11/2015 19:41

McF was appointed exec chairman in July. give him and the new ceo a chance.

[ceaserxzy] 22/11/2015 16:24

Isn't it the reason Jenkins has to go as he simply has not done well enough to deliver on his promises, one of them is to deliver dividend increases.

[smurfy2001] 22/11/2015 15:56

He's the last chance chairman to make change just look what he did at Aviva. Give him some time.

[pennypunter] 21/11/2015 21:17

BARC promised at the 2013 rights issue to boost the dividend this year- a prose they broke after MacFarlane was appointed- it as been very tight on the payout. Next year will be the same old excuses.

[triktrak] 21/11/2015 11:56

Banks and supermarkets: The next big income payers? Schroder Income fund's Nick Kirrage thinks so - and he's prepared to take a dividend cut in the meantime

...He says his fund is 'a little bit different in the income space', and he has a point.

Despite running an income mandate, the managers often look for companies that are actively cutting their dividends. In the past the fund has held Old Mutual, BP and packaging business DS Smith, all of which cut their dividends at one time or another.

This may sound counter-intuitive but Kirrage says: 'If a market thinks a stock is about to cut its dividend, it tends to get very cheap and that's a very good place to buy stock ideas. Whether you are looking for income or growth, you need the shares to go up.'

In the banking sector, the fund holds 'everything except Standard Chartered,' and argues the sector has undergone a dramatic transformation completely unnoticed by investors.

Kirrage says: 'What's under the bonnet has changed but I do not think anyone has noticed that. It's hard to think of a sector that has done more in the past five years to reduce risk. Almost their entire raison d'etre is to reduce risk but prices are the lowest since 2010 and I think that is an opportunity.

'A lot of people loved banks in 2004/5 for lots of reasons why they love them today; the barriers to entry are high and their customer power is extraordinary. Banks are boring. There is no growth in the consumer base, it's just stable, boring, low growth.'

He adds: ''The banking sector has 10 times the capital it had prior to the downturn. We spend a lot of time being students of history and that's not a bad thing - have some margin of safety. Now they have that cash they will pay it out as a dividend because that is all there is to do with it and eventually I feel it is a powerful hidden dividend stream.'

Read more:

[triktrak] 21/11/2015 11:46

Barclays slips on dividend concerns

Barclays hit a one-year low on Friday on worries it might have to sacrifice dividend growth to boost capital.

Banks have been under pressure this week on growing speculation that, with UK interest rates expected to stay low until mid 2017, regulators will use other methods to curb the credit cycle.

Investors should expect next year’s stress tests to run on much more challenging thresholds, with the Bank of England also likely to introduce a so-called countercyclical buffer requiring lenders to build up capital whenever credit supply expands, said Morgan Stanley. Barclays also faces heavier risk weights being placed on its wholesale trading book, which will constrain returns and dividends more than the market has anticipated, it argued.

Morgan Stanley cut its earnings forecasts for Barclays to 20 per cent below consensus levels for 2017 and 2018. Its forecasts were based on Barclays growing its common equity tier one ratio — a key regulatory measure of financial strength — to 13.5 per cent of risk-weighted assets rather than the 12 per cent ratio management has been targeting.

Barclays lost 3.5 per cent to 221.9p, while among peers Lloyds slipped 2.1 per cent to 71.8p and Royal Bank of Scotland fell 1.8 per cent to 309.5p. Challenger banks also remained under pressure on worries about mortgage lending restrictions, with Aldermore 2.2 per cent weaker at 256.6p.

Full article:

[ball deap] 21/11/2015 08:02

Don't mean to rub it in gents but I did warn you barc and the rest are going to get killed ! This week coming will be your last chance to rip cord before the huge drop off starts. Last chance gentleman to save your shirt.

[n73] 20/11/2015 22:56

This bank stood up to government pressures to get nationalised and survived. Of course there is are hard feelings. However, unlike others banks for so so long being bullied by government officials.

[savogi] 20/11/2015 22:55

christh 20 Nov'15 - 15:42 - 113527 of 113540

something is not right...

DOW up 170 points but FTSE up only 17 points

DOW heding closer to 18000 while FTSE struggling to 6340

Are we expecting the Xmas rally to begin.....DOW will cross over 18000 soon
and maybe 18500 by Xmas
-------------------------------------------------------------------

christh

please pay attention to what i said:

Stocks are struggling for a simple reason that the "Printing Press" has a shelf life.. QE is no longer feeding the markets as it once did and the fundamentals are too obvious to deny.If you don't believe me just look at the stocks..the proof is in the pudding... last few months 90% of stocks are getting cheaper while a handful of extremely expensive stocks keep getting more expensive.which means that fewer and fewer individual stocks continue to rise,even while the DOW has recovered since last few months.

[diku] 20/11/2015 19:06

bookbroker....I was also having same thoughts of a possible RI hence I have been saying here last few weeks the price movement just doesn't feel right...and some in the know know it....any rises has been slammed down...

As for Mcfarlane saying he wants the price to double up....I think he means it from a lower starting point!...another bankers version of mis selling....

[gcom2] 20/11/2015 18:58

will this go under the 2014 low of 210p

[dr biotech] 20/11/2015 17:35

No, it's at 12.5% which is above the required ratio. Unless you are suggesting their accounts are false.

[bookbroker] 20/11/2015 17:17

we know that they are having difficulty in reaching minimum Tier 1 Capital ratios, this co. now has the weakest balance sheet of the UK listed clearing banks, the IB. is a thorn in their side with the regulatory framework, they are trying to bundle the IB. within the retail bank, regulators jibbing!

[dr biotech] 20/11/2015 16:45

No reason for a rights issue, capital level is fine and likely to be boosted with the visa sale. What's your reasoning for one bookbroker?