Barclays Share Discussion Threads

[manics] 15/2/2018 17:19

bernie37: you do realise it's a bot producing that...?

[bernie37] 15/2/2018 17:02

Shares of Barclays PLC with ticker code: LON:BARC has gained 1.77% or 3.46 points during today’s session so far. Traders have remained positive throughout the trading session. The periods high figure was 200.05 meanwhile the session low reached 196.98. The total volume of shares exchanged through this period comes to 11,338,088 while the daily average number of shares exchanged is 41,720,000. A 52 week high for the stock is 244.4 around 48.7 points difference from the previous days close and the 52 week low at 177.3 is a variance of 18.4 points. Barclays PLC has a 20 day moving average of 202.09 and a 50 day simple moving average now of 202.31. This puts the market cap at £33,984.20m at the time of this report. The share price is in Great British pence. Mcap is measured in GBP. This article was written with the last trade for Barclays PLC being recorded at Thursday, February 15, 2018 at 12:50:15 PM GMT with the stock price trading at 199.16 GBX.

[portside1] 15/2/2018 16:03

so why will the SFO not talk about the corruption at RBS why do they block e mails
about public inquires about the corruption at RBS , barcs cost the tax payers nothing

RBS SOLD DUD SHARES TO INVESTORS 3 TIMES

THE SFO/ FCA ARE NOT FIT TO PROTECT ANY INVESTOR

THE SFO COST TAX PAYERS MILLIONS IN SALARIES AND DO NOTHING THAT HELPS THE PUBLIC
THEY PROTECT THE CRIMINALS LIKE THOSE AT RBS

[johnwise] 15/2/2018 11:48

The London Evening Standard


Give Barclays a break, pursuing it 10 years after the crisis is no longer in public interest

The Serious Fraud Office’s case against Barclays relating to its 2008 emergency fundraising begins to look like a fight from another age.

For new readers: in 2008, Barclays took a £12 billion loan from Qatar. That allowed it to avoid a UK government bailout, unlike Royal Bank of Scotland and Lloyds/HBOS.

As part of that deal, Barclays lent £2.3 billion to Qatar Holdings, which the SFO claims was inducement to cough up the loan — plainly against the law, if true.

For the sake of an argument, let’s assume that everything the SFO says is right. Here’s what I think: so what. Forget about it.

[smurfy2001] 15/2/2018 09:36

209p target

[clond] 15/2/2018 08:51

results week speculates optimism - which usually is dashed on the day !!

[gretel1921] 14/2/2018 22:45

NYSE Barc. Up 2.6% tonight !!

Lloyds Up 1.6%

[bernie37] 14/2/2018 19:30

Tip Update: Buy at 194p

Tip style
VALUE
Risk rating
MEDIUM
Timescale
MEDIUM TERM
Our previous tip
We said BUY at 237.6p on 08 Jan 2015
Tip performance to date
-18%
By Emma Powell
The performance of Barclays’ (BARC) shares during the past 12 months has been conspicuously poor compared with its UK-listed peers. Shareholders would have been glad, then, that news the Serious Fraud Office (SFO) is extending the scope of charges relating to the bank’s 2008 capital raising failed to disturb its share price.

BARC:LSE
Barclays PLC

1mth
Today change
1.40% Price (GBP)
195.70
The SFO has brought a charge of unlawful financial assistance against Barclays Bank over the $3bn loan Barclays made to the state of Qatar in November 2008. That was around the time the banking group’s second fundraising – aimed at preventing a government bailout – was closing. UK companies are generally disallowed from lending money to third-parties if the purpose is to buy shares in that company.

The SFO had already charged Barclays PLC with two counts of conspiring to commit fraud by false representations relating to two so-called advisory services agreements with Qatar Holding – part of the state’s sovereign wealth fund – in June and October 2008, and a further count of unlawful financial assistance relating to the November loan. Barclays Bank and its parent company said they intend to defend the respective charges brought against them and that they don't “expect there to be an impact on its ability to serve its customers and clients as a consequence of the charge having been brought”.

Investor reaction may have been muted but the charge levelled against the Barclays Bank is concerning, given that that subsidiary must pass the “fit and proper” test to keep its banking licence. Still, the UK lender is no stranger to litigation. More perturbing for shareholders, Barclays – along with two of its executives – is also being sued by the US Department of Justice over allegedly fraudulent mortgage-backed securities between 2005 and 2007. That’s a complaint that Barclays has rejected as "disconnected from the facts", and said it would "vigorously defend". Investec analyst Ian Gordon has accounted for a settlement of $2bn in his 2018 forecasts, to be taken as a provision that year.

But legal disputes are not the only matter holding down the share price. The weak performance of the investment banking operations during the past three-quarters is helping to prove the naysayers right. Historically low levels of volatility in 2017 have held down the business’s returns on average equity (ROAE), which declined to 8.4 per cent during the first nine months, yet accounted for almost half its allocated tangible equity. That’s compared with a ROAE of 9.4 per cent by retail-focused Barclays UK – such is the high-cost risk of investment banking. Analysts expect fourth quarter investment banking income to decline year-on year.

Given the lacklustre growth of net interest income on the retail side, plus the underperformance of its investment bank, management’s guidance for returns on tangible equity – of north of 10 per cent by 2020 and 9 per cent by 2019 (excluding litigation and conduct costs) – seem like a stretch.

IC View

It may seem that we are siding with the bears when it comes to investing in Barclays. In fact, we reckon the buy case is arguably the strongest it has been in almost three years. Much progress has been made improving its common equity tier one ratio, which stood at 13.1 per cent at the end September, up from 11.6 per cent the previous year. That’s been driven by reducing its risk-weighted assets, but it’s the main reason most analysts are forecasting a return to dividend growth in 2018. Shore Capital estimates a DPS of 7p in 2018. At 194p, that would give the shares a decent potential yield of 3.6 per cent. They’re trading at of 0.65 times 2018 forecast net tangible assets – the lowest of all the major five lenders and only a slight premium to when the shares hit a five-year low following the EU referendum. That also prices in the risk it won’t achieve its 2019 targets. Buy.
Last IC view: Buy, 181p, 26 Oct 2017

[portside1] 14/2/2018 14:35

glad that my family stopped giving donations to over sea charities .
I SEE THE LIAR AND VILE RICHARD BRANSON SAYING THE UK VOTERS ARE THICK AND STUPID

THE VILE LIAR WHO HAS NOT PAID A PENNY IN UK TAXES FOR VER 10 YEARS THE SOONER HE LEAVES THIS PLANET THEBETTER

[clond] 14/2/2018 09:53

22 is a big day

[clond] 14/2/2018 08:48

Manics - could see a banking disaster looming - if barc loses license it would spark another 2008 disaster - if you think it is possible then pull the plug on every share everywhere.

[johnwise] 14/2/2018 07:56

The interbank FX giants outpace mentors by showing pedigree as BBA’s Anthony Brown joins Barclays TechStars

Absolute corporate culture combines with entrepreneurial spirit as British politician, former Morgan Stanley executive, prominent journalist and until recently CEO of the British Bankers Association joins Barclays TechStars to bring new initiatives to fruition.

[manics] 13/2/2018 23:39

"Barclays could lose banking licence over alleged fraud"



I mean, what more do you people need to see imo? Wow.

[portside1] 13/2/2018 15:33

insider dealing by MPS and civil servants is ripe and the FCA do not want to know

[portside1] 13/2/2018 15:29

the fraud at RBS is truly amazing , and llodys but the gov under brown and BOE UNDER KING made millions

[portside1] 13/2/2018 15:27

final div is 2p then to rise at interim and final after that

the sfo / fca are not interested in fraud because 56% of mps and their staff have been insider dealing via families for years , MANDLESON AS MADE A FORTUNE OUT OF GIVING OUT GOV CONTRACTS KNOWNING TO BUY BEFORE RELEASE fca / sfo do not want to know they will breach your e mail details to stop you

[grahamite2] 13/2/2018 13:56

Totally agree Johnwise. Barclays faced an existemtial crisis and they took action to deal with it.

The SFO and the FCA might as well be wound up for all the good they do.

[smurfy2001] 13/2/2018 12:58

Anyone want to take a guess on the upgraded dividend? I'm assuming there will be one or going to be very disappointed with the CEO.

Current 3p
Proposed 4.5p (Interim 1p to 1.5p and final 2p to 3p)

[johnwise] 13/2/2018 12:49

This Lefty Tory Government should tread carefully with the Barclay's misdemeanour, easy for Barclay's to up roots and move off shore.. Barclay's management should be commended for juggling a few figures instead of bumming £ BILLIONS from the British tax payer as the other Banks did to survive..
Britain needs Barclay's Bank...UK national debt £1 trillion

Barclays operations in over 40 countries and employs approximately 120,000 people

[manics] 13/2/2018 10:41

Show any other poster here that has contributed as I did last year. Called this down literally step by step, play by play at one stage. Saved the community from Plexcoin. Gave two months advance warning to transfer out of Barclays Stockbrokers ahead of the problems. And more.

I offer realness and truth to counter the lies and the gumph and the tripe that's posted here in Ken's good name.

If BARC changes the record; reinvents itself, proves itself innocent, adjusts the model and executes better (as it has been promising for a decade now) then you will see that reflect in my posts -because it will be truth.

I'm not creating the message or the rhetoric. I'm not influencing the share price -BARC is doing all of that itself. To flippantly dismiss (what the company itself is producing) as "noise" is naive in the extreme imo.

The company then is irritating you, not I Sir.

[jordaggy] 13/2/2018 10:11

I take it Manaics, you are not an investor in Barclays. You do realise your constant deramping has zero effect on the share price so only serves as noise that irritates me.

[manics] 13/2/2018 09:38

Nationwide. You can transfer out of alleged fraud and criminality imo by opening an account here: