Barclays Share Discussion Threads

[terminated] 20/10/2017 16:02

One thing is for sure, if trump can get his tax reforms through the US will boom and Barclays American operation should go up with it.

[johnwise] 20/10/2017 14:55

By BRIAN PITKIN OF URI CAPITAL MANAGEMENT LLC

Barclays ADRs Could Double

Like Bank of America once did, Barclays is languishing at valuations well below book value. That will change.

[mercer95] 20/10/2017 11:49

So you keep saying portside, over 12000 posts & guess what,nothing has changed, bankers will always line their own pockets, politicians will always lie,footballers will always cheat, I will always squirt out more shaving gel than needed, it’s the world we live in, embrace it!

[portside1] 20/10/2017 09:00

manics I hear you JES TO SPEAK ON THE 31ST OF THIS MONTH

if their no better news after 3 years of nothing but bad news for holders .

but bankers and directors made a fortune for failing holders then the whole board must go. jes said the bank is now were he wanted it to be so we must now see what he says are resigns along with the so called chairman the silent not a word since he joined barcs and is one and only statement of doubling the share price 3 years of silence from him

[johnwise] 20/10/2017 08:37

$1.2bn debt: 13 banks hire Barclays to find new investors for 9mobile

[johnwise] 20/10/2017 05:13

Frankfurt or Eritrea, he'll have a hard time spotting the difference.


Great weather in Frankfurt, I'll be spending a lot more time there!' Goldman Sachs boss threatens to move 6,000 British jobs 500 miles away to Germany because of Brexit

[manics] 20/10/2017 05:00

"A lower dividend yield in the short term"?! Short term relative to what, the bank being a hundred years hold?! BARC hasn't paid a decent divi for years, not just a couple' quarters...

"A longer view"?! Shareholders have already been waiting a decade.

DOW 23k
FTSE 7500
BARC? -just about holding 190p and looking to puke on any excuse

Maybe if we just wait another, I dunno, 15 years..?

DOW 42k
FTSE 7700
BARC 176p

"if the management team can run the business in a cohesive and consistent manner" -portside1 it's over to you.

[bernie37] 19/10/2017 19:02

Lloyds is a better run business with a far superior cost to income ratio. It is also safer with a substantially higher capital ratio. On top of that, it o ers investors an attractive and growing dividend yield at a modest forecast PE ratio. While its business has a narrow focus, it is the UK’s most straightforward bank. In short, it’s an income play with good upside potential.
Barclays has a lot of catching up to do. Its costs are way too high and its capital could do with a boost. Both of these points are being addressed, which is coming at the expense of
a lower dividend yield in the short- term. The biggest attraction of Barclays is its deep discount to net assets. There’s a lot of potential upside that could be unlocked if
the management team can run the business in a cohesive and consistent manner. For investors prepared
to take a longer view, Barclays is a bigger bargain.

[action] 19/10/2017 13:09

Anyone having problem with divi credit from HL platform ad well?

[smurfy2001] 18/10/2017 18:19

Barc Market cap 32.61bn (generates a profit and pays a dividend)
RBS Market cap 32.70bn (loss generating for 10 years and pays no dividend)

o.O

[johnwise] 18/10/2017 16:05

Is Merkel BLUFFING? Leaked paper shows Germany is preparing for EU trade deal with Britain

BERLIN is secretly preparing for an “ambitious and far-reaching” EU free trade deal with Britain after Brexit, a dynamite leaked paper reveals today.

It suggests the Merkel is acutely aware of the needs of her country’s big businesses, including car makers

[portside1] 18/10/2017 15:54

rbs now over 85p higher than barc and m/c over 1b more


jes you must perform or go

[16charlie] 18/10/2017 14:03

barclays the piggy bank of america!

[clond] 18/10/2017 12:50

InTeresa rates move stopping the fall in the last week then.

[jordaggy] 18/10/2017 11:12

Seesaw Seesaw...

[neilrich] 18/10/2017 07:44

Sorry, but can't see a connection to BARC.

[boom boom bang bang] 18/10/2017 07:11

Independent Oil & Gas PLC LOI signed with Key Contractor ODE

18/10/2017 7:00am
UK Regulatory (RNS & others)

Independent O&G (LSE:IOG)
Intraday Stock Chart
Today : Wednesday 18 October 2017

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TIDMIOG

RNS Number : 8810T

Independent Oil & Gas PLC

18 October 2017

18 October 2017

Independent Oil and Gas plc

LOI signed with Key Contractor ODE

Independent Oil and Gas plc ("IOG" or the "Company"), the development and production focused Oil and Gas Company, is pleased to announce that it has signed a Letter of Intent ("LOI") with Offshore Design Engineering Limited ("ODE") to perform several key contractor roles for its Blythe Hub and Vulcan Satellites Hub development ("the Project"), starting with technical and operational support ahead of Final Investment Decision ("FID").

Highlights:

-- ODE to provide extensive technical and operational support to IOG in both pre- and post-FID stages to deliver the Project into production

-- ODE to be the Operations & Maintenance service provider
-- Pre-FID costs to be fully deferred and pre-First Gas costs to be 50% deferred until first gas, thereby reducing IOG's funding requirements

-- LOI further strengthens IOG commercial model with ODE as a key contractor incentivised to deliver first-rate performance

ODE will be responsible for the operational management of all IOG's assets and for the Thames Pipeline and network of in-field pipelines, with IOG continuing to be 100% Licence Owner and Operator for all assets in the Project. It is also intended that ODE will be the Operations and Maintenance contractor upon first gas, hosting IOG's onshore operational base at its facilities in Great Yarmouth, close to the Bacton terminal. The pre-FID technical and operational support work is due to start immediately while contract terms are being finalised.

Mark Routh, CEO and Interim Chairman of IOG commented:

"We are very pleased to be working with ODE who will be a trusted partner in IOG's Blythe Hub and Vulcans Satellites Hub development. ODE has a wealth of relevant experience and manages several fields for other Operators in the Southern Gas Basin of the UK North Sea, so we will benefit from synergies with their existing operations. In line with our commercial model, the cost deferrals also tangibly improve IOG's funding position both before and after FID.

This LOI reflects the team's continued strong progress with the IOG gas portfolio. We look forward to finalising the contract with ODE and agreeing similar terms with other key contractors to continue delivering our gas hub strategy."

ENDS-

The information communicated in this announcement is inside information for the purposes of Article 7 of Regulation 596/2014.

Enquiries:

Independent Oil & Gas PLC CPR Confirms Significant Reserves Upgrade

12/10/2017 7:00am
UK Regulatory (RNS & others)

Independent O&G (LSE:IOG)
Historical Stock Chart
1 Month : From Sep 2017 to Oct 2017

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TIDMIOG

RNS Number : 3782T

Independent Oil & Gas PLC

12 October 2017

12 October 2017

Independent Oil and Gas plc

CPR Confirms Significant Reserves Upgrade

Independent Oil and Gas plc ("IOG" or the "Company"), the development and production focused Oil and Gas Company, is pleased to announce the results of a Competent Person's Report ("CPR") on the Vulcan Satellites, Blythe and Elgood assets by ERC Equipoise Limited ("ERCE") as at 1 October 2017.

Highlights:

-- CPR confirms 2P gas Reserves of 303 BCF (54 MMBoe), previously 34 BCF, in IOG's UK Southern North Sea ("SNS") gas portfolio

-- 2P Reserves classification applied to all of IOG's development assets: the Vulcan Satellites, Blythe and Elgood

o Vulcan Satellites 2P Reserves of 248 BCF

o Blythe 2P Reserves of 33 BCF, in line with 2013 CPR

o Elgood 2P Reserves of 22 BCF

-- CPR estimates a 2P peak production rate in excess of 200 MMcfd (c. 35,000 Boe/d)
-- Significant prospective resources in Harvey to be published in a forthcoming separate CPR
CPR Process:

During 2017, IOG built its own proprietary static geological model based on interpretation of the reprocessed 3D seismic available from multiple surveys across the whole SNS portfolio. This resulted in a robust and consistent estimation of the gas in place volumes in all the Company's SNS gas assets. This was followed by dynamic reservoir modelling and optimal well design and placement, including hydraulic stimulation modelling for the Vulcan Satellite fields. This in turn enabled the development of production forecasts for each field. ERCE reviewed IOG's proprietary subsurface work, production forecasts, costs and economic assumptions. ERCE then made its own independent assessment of the recoverable Reserves from the portfolio, the project development and operating costs and the resultant economics as summarised below.

The CPR presents the economic Reserves and valuation of IOG's five development fields as at 1 October 2017 using data and information available up to 30 September 2017 and applying the PRMS standard. The table below shows the CPR estimates of Reserves and Net Present Values, both undiscounted and discounted at 10% ("NPV(10) ") for IOG's 100% interests in the fields.






NEWS DUE IN THE NEXT FEW DAYS, LAST UPGRADE SHARES WENT UP 100% LAST WEEK


n addition, we shortly expect to receive a further CPR on the Harvey structure which provides very material upside to our portfolio."

[johnwise] 18/10/2017 07:09

We continue to expect the BoE to hike rates by 25bp at the November MPC meeting.

[jordaggy] 18/10/2017 04:21

Will they. won't they- still anyones guess?