Barclays Share Discussion Threads

[portside1] 05/6/2017 11:47

smurfy , I agree the post above was 2015 now 2017 is time is up he must produce the goods or resign .

if is words and morals are worth anything then he must act on is promises

[smurfy2001] 05/6/2017 11:43

portside1, it's good the Chairman is taking action but we've already run out of patience.

[portside1] 05/6/2017 11:05

well mc farlane we are now going to 2018 .so your time is up for progress news over the next two months

[portside1] 05/6/2017 11:03

Barclays staff should brace themselves for tough times ahead as executive chairman John McFarlane has said he plans to take "tough calls" to get the bank back on track the healthy profits by 2017.
In a letter sent to staff and published by Bloomberg, Mr McFarlane said his plans to reform the bank and cut out its less profitable units will be "hard work."
“Our shareholders have been incredibly patient but won’t be for long. I would like the bank to be in a strong position in 2017, so we need to get on with the hard work now," he said.
"We’ll need to make some tough calls in the coming weeks and months to ensure we have the best chance of doing this.”

[johnwise] 02/6/2017 12:48

Jeremy Corbyn will drag an extra 1.2 million family homes into the grip of inheritance tax if he wins the election, new figures suggested last night.

[smurfy2001] 01/6/2017 15:57

Won't that money be used to fund the separation hence a loss?

[keifer derrin] 01/6/2017 11:30

In the RNS they are saying they are booking the amount on the account as a loss - or am I missing something - see below

Completion of the Placing and the associated accounting deconsolidation would result in an estimated loss of GBP1.2 billion, calculated pro forma on the 31 March 2017 financial statements (largely due to a loss of approximately GBP1.2 billion as a result of the recycling of currency translation reserve to the income statement, owing to the weakening of the Rand since initial consolidation of BAGL in 2005; the recycling of currency translation reserve will have no effect on the Group's net asset value or CET1 ratio). The actual loss will be recognised in the income statement in Barclays Q2 2017 financial statements, presented within discontinued operations.

[smartypants] 01/6/2017 11:22

Added £2.2bn to the books but still in the red...
Despite ??
Ah..whats money got to do with any thing?

[mj19] 01/6/2017 08:13

Barclays plc sells a 34% stake in African groupThe bank sold more overnight than it said it would, reaching its long-term target and removing the overhang on Barclays Africa shares01 JUNE 2017 - 05:42 MOYAGABO MAAKE Picture: BLOOMBERGPicture: BLOOMBERGBarclays plc sold a 33.7% stake in Barclays Africa overnight, after it increased the shares it made available due to strong demand.On Wednesday Barclays surprised the market by announcing it would sell 22% of Barclays Africa - more than the market had expected, and taking its long-term target shareholding to about 15%.The sale of nearly 34% takes its stake to just over 16% and, with 1.5% of the shares reserved for Barclays Africa's upcoming empowerment scheme, that means Barclays plc has reached its 15% target, removing the overhang on its subsidiary's share price.The British bank had previously said it was selling its stake in its African subsidiary in response to regulatory and accounting requirements, which meant a shareholding of about 20% in Barclays Africa.But in announcing its second overnight book-build process on Wednesday to offload 22% of its shares in Barclays Africa to institutional investors, such as pension funds and asset managers, with the results expected on Thursday, it said the target would be much lower than that.If you are already a subscriber, please click on the following link below to go to the full article: Barclays plc to offload 22% of African holdingIf you would like to subscribe to BusinessLIVE Premium to read the full story, please click here: Subscribe Premium content is not yet available on the app. Please use the desktop site to subscribe.

[smurfy2001] 01/6/2017 01:25

blueball, lmao

[ccr1958] 31/5/2017 16:18

Yea what happened to the bouncey !!

[jordaggy] 31/5/2017 15:34

Well that was a short lived little bouncer.

[blueball] 31/5/2017 14:57

Sell banks shares Corbyns going to win.

[gretel1921] 31/5/2017 14:54

ADR's up 2%

[jordaggy] 31/5/2017 14:32

I'll dream on Manics ;)

[manics] 31/5/2017 14:01

2 upticks. A single tear rolls down my cheek as I dare to dream ADVFN might yet pull through.

jordaggy: absolutely no chance. They'll likely be paying it back out in fines.

[jordaggy] 31/5/2017 13:01

Could be a special divi on the way ?

[manics] 31/5/2017 13:00

Not a single uptick for the only post in at least 18 months to offer immediate trading opportunity. I extended at least 120 seconds to act.

Welcome then, to the Active Barclays Traders Club.

[ny boy] 31/5/2017 12:39

Buy those dips Sir, strong buying off 207p, will move up substantially over the quarters ahead as interest rates creep up globally.

[manics] 31/5/2017 12:17

Mark Kleinman‏Verified account @MarkKleinmanSky
Exclusive: Barclays is to sell a £1.6bn stake in its African unit that will see the UK lender relinquish majority ownership of the unit.

I've learnt that the sale of more than 20% of Barclays Africa Group Limited is likely to be announced after markets close this afternoon.

[ny boy] 30/5/2017 12:09

Analysts have very poor prediction rates, best ignore, dyor buy or sell. For me it's a buy @ 200p, nothing has changed, holding.