Barclays Share Discussion Threads

[pennstreet] 30/5/2016 10:39

portside - when i said

'I'm out and staying out for some time.' - i meant i'm out of barclays !

[johnwise] 30/5/2016 09:27

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David Cameron says soaring migration figures is a price worth paying for being in Europe

"Hey Dave, try getting your kids into a state school within 3 miles of your home. Try delivering a baby in a hospital that's full to the brim and getting the adequate care you need. Try walking the streets and finding a job that can pay the ridiculous prices of rent because you are 10 years down the line on a council waiting list.? "

[diku] 29/5/2016 21:56

porty...you have link for that Mervin King interview?...

[astol] 29/5/2016 17:55

The bookies odds are circa 1/9 odds on that we stay in and 4/1 that we leave the EU..Its not a horse race cause quite often the odds on underperforms but I would say the the likelihood of Brexit just ain't gonna happen.
That's why in my opinion the Banks are going up and also US interest rates looking to be increased in June further bolsters improved margins etc.In respect of Barclays-Jess Staley is steadily turning things around-I see 200p before the referendum and after-well onwards and upwards!!!

[kenbachelor] 29/5/2016 17:21

Portside - At last you've said something that I agree with. The pension funds are or at least will be if the minuscule interest rates continue.

When I was 55 both I and my wife decided to draw our pensions. We purchased annuities paying a fixed rate of 8.25% and we've been drawing it now for 25 years so we've already had 206% on our money, although we don't know how much longer we'll be collecting it for.

I don't see how they can continue.

By the way, we've both voted already.

[portside1] 29/5/2016 15:39

so if you are thinking of moving to spain you will not get free nhs

but any one coming to the uk will get quick and free treatment

[portside1] 29/5/2016 15:37

Among those hardest hit will be those who have taken early retirement and headed for Spain. Until now these expats have been able to get medical treatment in Spain, under a reciprocal agreement, where costs were refunded by the UK Treasury, provided that patients signed a “residual S1” form (previously known as an E106).


This form confirmed that expats had paid National Insurance for the past three years in the UK, and the British Government would therefore cover necessary medical costs overseas.


But these forms are being withdrawn on July 1. Protection will remain in place for those who have signed the forms before this date, but only until their form expires – and they last a maximum of 30 months.
but the real facts are that spain has refused to give free nhs to brits for the last 5 years unless they have insurance cover or pay cash
they make them wait hours then tell them to see a doctor when they get home
emergency treatment will go ahead but will charge the uk

Those who have already reached retirement age will still be covered by a similar reciprocal agreement (provided that they have signed the correct paperwork). But with further cost-cutting on the horizon there are concerns that this too could soon be under threat. Expats who can no longer get free health care in Spain, however, cannot simply pop back to Britain and get treatment on the NHS. In recent years there has been a clampdown on this kind of “health tourism”.

[alphorn] 29/5/2016 15:36

....then you must be heavily short if you believe the odds.

[portside1] 29/5/2016 15:29

PENN around 70% of pension funds are in trouble . low interests have and are killing ever one except home buyers getting cheap money savers ripped off pointless to save the answer is going to be ban cash so the people can not draw money out of any bank or insurances because cash will not exist .

its called a police state and will soon be a federal state

Italy Portugal Greece spain all bankrupt and france on the fringe

Germany and te uk will have to plough more cash in .
you have been warned the end of the uk is the result of a vote in

YES A VOTE IN IS THE END OF THE UK

[kenbachelor] 29/5/2016 15:25

Portside - Isn't it time everyone realized that nobody knows what will happen whichever way the vote goes. They will only know that after the event and will probably put their X in the first box they come to. That means the stay in box, as the leave box is second on the form.

[pennstreet] 29/5/2016 14:54

Politics aside, the market is living on borrowed time and borrowed money. A correction could easily wipe off 30-40 %. A correction many respected economists have been predicting to happen anytime soon. I'm out and staying out for some time.

[portside1] 29/5/2016 14:44

HAVING NOW WATCHED THE CARNEY IN THE SELECT COMMITTEE HE MISLED THE CHAIRMAN AND THE COMMITTEE ON THE EU

[portside1] 29/5/2016 14:41

THIS GOVERNMENT IS SELLING THE UK OUT FOR ITS OWN ENDS PROTECTING THE RICH AND SELLING OUT THE WORKING CLASSES

CAMERON THE LIAR AND VERY DISHONEST SCUM WHO IS THE NEW JUDAS SELLING IS SOUL FOR IS NEW ROLL IN THE EU WHEN HE STEPS DOWN NEXT YEAR

YES HE HAS SAID HE WILL NOT WORK IN ANY EU ROLL HE IS LYING ITS A DONE DEAL

[portside1] 29/5/2016 14:32

have spoken to MERVIN KING TODAY AND THEN LISTENED TO SEE TV INTERVIEW EVER THING HE SAID WAS TRUE NOT LIES VOTE OUT OR LOSE YOUR FREEDOM AND NHS HAS WE NO IT

[johnwise] 28/5/2016 10:10

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"I imagine readers will be nodding their heads in agreement with everything Trump says".

Here’s the Guardian report:

[johnwise] 28/5/2016 09:49

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HMRC loses £50m Chelsea Barracks tax appeal to Qatar




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[topicel] 27/5/2016 16:17

mw16 - you may be right, but the far bigger issue here is what the Market thinks and expects the Fed to do sooner - June - or later with their latest hints that rates are once again likely to rise.

Whilst Brexit is a 'factor' the smart money is already voting and will continue to do so unless the bookies and polls suddenly decide vote leave are back in with a chance. So in that regard, a chance that the markets could be roiled again as we enter June, but with Yellen being more important I'd rather be 'in' than 'out' of Barc or other banks in the meantime.

But like I say, you may well have a point and only time will tell, won't it?! Bon weekend a tous,

Topicel

[mw16] 27/5/2016 15:59

This is a suckers rally prior to the EU turmoil in the coming weeks. Many shares being built up for a fall so the idiots like Osborne can point to the "uncertainty" in the market. Bail now and pick these up on the other side of the referendum.

[portside1] 27/5/2016 14:55

its coming very soon

[diku] 27/5/2016 14:20

Only if porty says so...

[smurfy2001] 27/5/2016 11:51

Will this dog break 200p?

[capeview] 27/5/2016 11:21

Porty, all I see with the way the EU is being run and with the countries coming in,is they want to keep there cushy positions and the ability to get free money without having to lift a finger.

And those countries that want the UK in the EU is because they have self centred agendas related to Europe and fear losing there positions of power and access to money and huge profits.

[portside1] 27/5/2016 11:07

CNBC news the g7 meeting has spoken saying if the uk leaves the eu it would a terrible for the world economy .uk is a vital part of the EU ,

SO WHY DO ALL THE eu COUNTRYS VOTE US DOWN LAUGHING AT CAMERON WHO GOT NOTHING FROM IS MEETINGS HE WAS TREATED LIKE A DOPE

[topicel] 27/5/2016 09:45

220p seems a safe broker coverage to me, especially as Staley is aiming to improve to book value which, even before his cost-cutting and slimming down of operations to the core UK/US axis businesses would be nearer 250p.

Given the Barclaycard licence to print money has been given carte blanche it seems to spread its money-making efforts wider - kind of contrary to the group's aims a a whole, but never mind - then certainly the future profits, and therefore share price, look set to rise...

More immediately, most of the financial sector will tread water today as it waits on more wise words from Janet Yellen later tonight. Last time she made a significant speech in March she roiled the markets and her more hawkish FOMC members, who had been hinting at rate rises, with very dovish tones.

I doubt she will be so far removed from her colleagues this time, but the markets will be on hold until they know. Assuming she also suggests June or July are still live and real possibilities for rate rises then come next week the financial sector stocks should regain the momentum of earlier in the week.

Being a Bank Holiday in UK on Monday, making some purchases today if you feel she'll stick to the script for a summer hike would be wise. Obviously including Barclays, IMHO.

Topicel