Barclays Share Discussion Threads

[mknight] 12/3/2009 08:04

take a look at your BLUE screen rollobolo.......

[mknight] 12/3/2009 08:03

were not finished yet ....will be way up at close

[rollobolo] 12/3/2009 08:01

where`s that bloke who is NEVER wrong then, BARC breaks down through 70p

[spadman] 12/3/2009 08:01

bloo already

[paragon157] 12/3/2009 07:55

wenlynn

Brilliant post .. Lmfao

[rollobolo] 12/3/2009 07:52

the amount of cash in cash Isas` which has been withdrawn this past 12 months has grow 10X, this cash is going into equities via various routes, watch out for DOW 10,000 AT YEAR ENDING 2009 and FTSE 5,000

[taffee] 12/3/2009 07:39

bob

There is £4 trillion in money markets waiting for a better return than 1%

Just a matter of time....I noted merck and now roche have made takeovers of rivals in the last 3 days....This is the much needed catalyst for a real rally

For instance even the most bearish forecaster has old mutual break-up 4 x its market cap....bring on ghekko...'greed is good' sounds very pleasant at this moment in time!

[robertfaulkner] 12/3/2009 07:34

Even if this is a bear market rally it still shows how much pent up cash is waiting to jump in once the uncertanty is out of the way.Even the so called experts were suprised by speed of rise.

Still a good time to top up on falls but keep for a few years, good divs from mid 09 onwards. Much better than Building Society interest, and shares shold be a good hedge if inflation takes off(as it must withn Q E)

Bob F

[dot com] 12/3/2009 07:29

Wenlynn - 10570 - nice one! Made me chuckle - thanks.

[rafboy] 12/3/2009 07:28

Agreed the uncertainty has not helped. It is the resumption of the divi and lifting this uncertainty which will hopefully bring back the PI in significant numbers. Regards.

[moreforus] 12/3/2009 07:17

lrj i've read now - 30, 60, 80 and 150... whatever the amount once whatever needs to be done is done barc will recover as uncertainty is always a price negative...

still long - recovery in share price back to 90+ will only happen when that uncertainty goes...

[wenlynn] 12/3/2009 07:16

The list of the Billionaires has just been released.

Here are some that we know :-

BLAB went from 7th to 2nd (consistent huge daily gains)
Smelgy went from 14th to 8th (expected to go back to 14th as BARC heads towards 100p)
Ken went from 1st to 213th (took investment advice from Smelgy)
thehangman went from 10th to 7th (big demand for Dorset caravan holidays)
rollobolo entered at 3rd (Successful Property Speculation in Guildford)
montyhedge was 21st but now sells hot dogs at Stamford Bridge and the order for the Aston Martin has been cancelled

[lrj] 12/3/2009 07:13

On Bloomberg, Barclays very strong position looking to place only 30b with Gov. at good terms.

[jl202] 12/3/2009 07:12

Quiet on here...

jl.

[olly1962] 11/3/2009 23:06

you cannot be in that much trouble if you are thinking of M&A,

come on Barcs get the news out then we can start to see the true share value, and I do not see that as 40p


It may drop but will soon bounce back, there is just to much good news out of this bank, we had nothing good from RBS or LLOYDs so you cannot compare

Be interesting day again, open above 70p and steady rise, close at 75p to 80p will suit a lot

[zoo123] 11/3/2009 22:34

Barclays names new head of M&A for Americas
1 hour 32 mins ago



Barclays Capital, a unit of bank Barclays , on Wednesday said it named Gary Posternack as head of its mergers and acquisitions business in the Americas.



Posternack, previously the head of Barclay's natural resources M&A and M&A takeover defence practices, will oversee the M&A teams in the U.S., Canada and Latin America, the company said.

Barclays bought Lehman Brothers Holdings core U.S. operations in September.

Posternack, who had been at Lehman Brothers since 1995, will report to Barclays head of global M&A Paul Parker, also a former Lehman banker.

Some of the major deals Posternack has worked on include Chevron's $19 billion (14 billion pound) acquisition of Unocal, GlobalSantaFe's $18 billion merger with Transocean and Kerr-McGee's $18 billion sale to Anadarko

[zoo123] 11/3/2009 22:20

UK banks can find profitable areas of business
Strategic Finance

Written by KPMG

Wednesday, 11 March 2009


"When profitability returns to the banks and we come out of the current recession, this should be good news for the taxpayer."



The severe effects of the global financial market dislocation are revealed in full-year results for the UK's largest banks.



KPMG's UK Banks: Performance Benchmarking Survey – Full Year 2008 notes that profit before tax has declined at all five banks, with significant losses at the Royal Bank of Scotland (LON:RBS) and HBOS (LON:LLOY).

In addition, substantial goodwill write-downs have materialised, reflecting a dramatic reversal of the sentiment on the banks' operations. Finally, results show a significant increase in impairment charges.

Separately, however, the report also identifies that, underlying the headline losses, are profitable areas of business.

For example, the strength of the underlying trading performance of investment banking arms is obscured by ongoing write-downs from past investments, particularly mortgages and asset backed securities.

In addition, as spreads have improved, many banks expect personal and home loan lending will continue to trade profitably, unless unemployment rises well above current expectations.

David Sayer, Global Head of Retail Banking at KPMG, says: "It is encouraging to see, despite very challenging market conditions, that there are parts of these businesses that continue to do well. When profitability returns to the banks and we come out of the current recession, this should be good news for the taxpayer. Going forward, we expect that banks will be getting 'back to basics' and that we may well see the emergence of fewer, stronger banks that are better capitalised, more stable and with better risk management."

KPMG's report summarises the financial position and performance of the UK's largest banks HSBC, Barclays, RBS, Lloyds TSB and HBOS and considers the banks' key performance indicators which include profitability, return on equity, net interest income, and asset quality, together with an assessment of their wealth management and insurance arms.



Other findings


Retail Banking: This business area continued to be profitable in 2008 as it was only in the final months of the year that unemployment began to rise steeply and, consequently, had a relatively small impact on impairments. The banks have indicated that more recent tranches of loans and card balances are showing good performance against the worsening backdrop. Of concern, however, are mortgage books for customers who 'self certified' their income as well as some 'buy-to-let' books.


Corporate and Commercial Banking: The difficulties in the housing and construction sectors resulted in unprecedented levels of provisions for bad debts. Looking forward, it is clear that few sectors will escape the downturn unscathed. Therefore, in 2009, provisions will rise in respect of lending to the wider manufacturing, retail and services sector. Margins are widening and fees for facility renewal will increase, however.


Wealth Management: Wealth businesses continue to show profits, but at a lower rate. In 2009, the impact of the falls in equity markets in late 2008 will begin to reduce income, which is generally a percentage charge on the fund. For the next year, there will be a major focus on improving fund management performance and on building a product range for more cautious investors.

* Insurance: Insurance continues to generate more resilient profits than banking. However, falling fund values will reduce revenues in the fund management businesses associated with Insurance divisions and lead to writedowns on investment assts.

[thetatrader] 11/3/2009 20:49

ISEE 168 3/11/2009

10-Day Moving Average... 136 2/26/2009-3/11/2009
20-Day Moving Average... 130 2/11/2009-3/11/2009
50-Day Moving Average... 126 12/29/2008-3/11/2009
52-Week High............ 220 3/9/2009
52-Week Low.............. 66 9/19/2008

[smurfy2001] 11/3/2009 20:19

After Hours: 4.03 +0.03 (0.75%) - Mar 11, 4:04PM EDT

about 73p

Hopefully more blue tomorrow.

R3(80.9666)
R2(78.3333)
R1(74.1666)
PIVOT(71.5333)
S1(67.3666)
S2(64.7333)
S3(60.5666)

[septemberclues] 11/3/2009 20:08

what price did lloyds finish?

[zoo123] 11/3/2009 19:50

Mar 11, 2009 | 3:47PM US Market Open| DJIA 6974.84 48.35 UP 0.7% |


NASDAQ Last Sale


4.018 0.06 UP 1.52%

[simon_64] 11/3/2009 19:49

Jamie Dimon was excellent on Bloomberg earlier semmed a really down to earth fella.

[wenlynn] 11/3/2009 19:46

Taken from Ken's Header.

[puffin1] 11/3/2009 19:41

UPDATE: Good News For Banks Seen Linked To Corporate Bonds

(Updates with Jamie Dimon remarks in 5th graf)

By Joe Bel Bruno

Of DOW JONES NEWSWIRES

NEW YORK -(Dow Jones)- There might finally be good news for some of America's biggest banks.

Top executives have been quietly - and, sometimes boldly - signaling that some of their businesses have gotten off to a good start in 2009. A resurgence of corporate bond deals and trading might be the reason behind it.

Corporate debt issuance has staged a recovery in recent months. And banks are charging higher fees for trading and underwriting after the credit crisis forced many competitors out of business.

These are encouraging, if modest, developments for financial firms still haunted by talk of nationalization and fears of more write-downs.

"We just had the two most active bond months we ever had," said JPMorgan Chase & Co. (JPM) Chairman and Chief Executive Jamie Dimon. The company was profitable in January and February, he later said.

Just a day earlier, Citigroup Inc. (C) CEO Vikram Pandit told employees the bank is having its "best quarter-to-date performance since the third quarter of 2007."

And, Bank of America Corp.'s (BAC) Kenneth Lewis told employees in a memo last month that January results were "encouraging" as fixed-income markets recovered.

Thawing in some credit markets at the start of the year has led to a flurry of corporate bonds underwritten by major banks.