Barclays Share Discussion Threads

[scobak] 10/3/2018 16:19

Not a Trump lover. I don't think he has any direct relevance to this site either
...unless someone knows better.

[johnwise] 09/3/2018 14:27

Well done Trump.

Washington in shock after Trump ACCEPTS stunning invitation to meet North Korean despot by May after rogue nation agrees to suspend nuclear and missile tests

Read more:

[johnwise] 09/3/2018 13:57

Trump does get results.

US job growth surges in February

The economy created 313,000 jobs in February, official figures show, far in excess of analysts' expectations.

[johnwise] 09/3/2018 08:36

Barclays Africa announces new corporate identity, strategy in ambitious growth plan

Barclays Africa Group Limited, one of the largest banking groups in Africa, has outlined a new business strategy to deliver on ambitious goals following the successful sell-down by Barclays PLC of its majority stake. The Group also announced its new corporate identity

[johnwise] 09/3/2018 08:16

What a Great President.. Mrs May watch and take notes.

Donald Trump told the world what would happen if he was elected. He works for the American people..

Trump signs aluminum and steel tariff order that will take effect this month

Read more:


VIDEO Donald Trump: I'll take jobs from China, Mexico

[bernie37] 08/3/2018 21:04

Continued from page 1

A weak net income figure for the year would have a direct impact on Barclays’ common equity tier 1 (CET1) capital at the end of the year. This is because the change in CET1 capital from one year to the next is primarily dependent on net income as well as dividend payouts (as well as other accounting costs like those related to pensions, which affect the value of CET1 capital). As we estimate the net income figure to be around zero, any dividend payout in 2018 could result in lower CET1 capital at the end of 2018 compared to 2017.

Trefis
Potentially Large Legal Cost Coupled With Dividend Hike Could Reduce CET1 Ratio

We estimate that if Barclays maintains dividends at the level of 3 pence a share for 2018, its CET1 capital ratio will still decline marginally to 13.1% by the end of year – bringing it very close to the target figure of 13%. However, if the dividends are increased to 6.5 pence a share as proposed by Barclays, then the CET1 capital ratio figure could fall to 12.9%.

It should be noted here, though, that Barclays’ mandatory CET1 ratio level is 11.4%, which needs to be met by the end of 2019. The 13% target is what the bank has set for itself, and will be treated as flexible if management chooses to hike dividends. However, the impact of Brexit on Barclays’ operating figures over the coming years is uncertain, and an unexpected operating loss in any of the coming years could bring the CET1 figure closer to the regulatory minimum of 11.4%. Keeping this in mind, it would be prudent for the bank to keep its CET1 ratio above its target of 13% – and accordingly it may want to wait until the legal issues are sorted out before boosting dividends.


What’s behind Trefis? See How it’s Powering New Collaboration and What-Ifs

[bernie37] 08/3/2018 21:01

Great Speculations
Buys, holds and hopes
Opinions expressed by Forbes Contributors are their own.
Trefis Team Trefis Team , Contributor
Barclays has had a tough time cleaning up its balance sheet over recent years – with the U.K.-based banking giant disposing of most of its stake in the profitable Barclays Africa Group Limited to improve its capital structure even as it re-organized its business model to comply with the U.K.’s ring-fencing rule for banks. But the bank’s results for full-year 2017 indicate that it has turned a corner as far as its core operations are concerned. Core revenues are now trending higher, and cost-cutting efforts have ensured that these gains reach the bottom line. This progress is likely what prompted Barclays’ top management to announce its intention to reinstate dividends to the 2015 level of 6.5 pence a share in 2018 after slashing it to 3 pence a share for 2016 as well as 2017.


However, it may behoove Barclays to keep its dividends at current levels for now due to the uncertainty over charges it could incur to settle several high-profile legacy lawsuits – especially the U.S. mortgage-related lawsuit filed by the Department of Justice (DoJ). As Barclays chose to meet the U.S. regulator in court rather than settling the matter, it didn’t have to set aside any significant cash as legal provisions for this lawsuit over the years. But this means that an unfavorable decision by U.S. courts (which seems very likely) could lead to a multi-billion dollar charge for the bank in the near future. To put things in perspective, most of Barclays’ peers settled the mortgage lawsuit with the DoJ for an average of $6 billion.

We capture the impact of an increase in dividend payouts as well as large settlement costs on Barclays’ key operating and capital figures in our interactive model for the bank. Our detailed analysis, parts of which are captured below, indicates that a hike in payouts this year could push Barclays’ core capital ratio figure below its target figure of 13%.

Operating Income To Improve In 2018, One-Time Costs To Eat Into Profits

Barclays’ operating income for 2017 increased compared to 2016 despite a reduction in revenues thanks to a sharp improvement in operating margin. For 2018, we expect revenues as well as margins to improve – resulting in a notable improvement in operating income for this year. However, we expect the net income figure to be close to zero for the year due to multi-billion dollar settlements, which we estimate will result in an after-tax charge of £3 billion.


This trend has been seen over the last few years, with the net income figure being hurt by huge one-time charges. These included litigation & conduct costs, as well as charges incurred due to Barclays’ sale of its stake in Barclays Africa Group Limited.

Pressure On Common Equity Figure

[bernie37] 08/3/2018 20:55

Barclays has had a tough time cleaning up its balance sheet over recent years, but recent results indicate that it is turning a corner.

[action] 08/3/2018 18:28

Market climb on wall of worries.MM has no int to take it down when everyone is expecting crash

[manics] 08/3/2018 17:02

That is 50% lower than portside1's lowest call.

[buywell3] 08/3/2018 16:43

I think we have a USA sell off coming within the next 6 trading days

DJIA to 22,500

Followed after a brief rally

To another low of 20,000

FTSE 100 to 6000 in sympathy

BARC to retest 150p

dyor

[manics] 08/3/2018 16:24

What am I allergic to?-lies-gumph-tripeWhat am I committed to?-morality -truth-realnessimo

[johnwise] 08/3/2018 12:48

The Best Fund Manager of the Year Awards

[jordaggy] 06/3/2018 09:56

HL don't allow investment in Fundsmith. Terry is the fund champion.

[manics] 06/3/2018 08:16

Maxwellman62: my post from last year which aided a stampede to H&L from BARC. They may have extended cashback I have not checked:

Manics19 Sep '17 - 17:39 - 123352 of 124996

Encouraging transfer news imo as investors seek to partner with security, reliability, morality and truth.



HL cashback reminder:



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[bonda67] 06/3/2018 08:15

I use SVS, who don't seem to charge

[maxwellman62] 06/3/2018 08:05

Who do u use now?

[smurfy2001] 05/3/2018 22:10

That's not bad. TD charge £22.50 per quarter. Oh Barclays have changed their charging structure, which you will have received information sometime ago. I liquidated my assets well before the platform transition.

[filterwest] 05/3/2018 20:16

Can anyone tell me who holds stockbroking with Barclays. They are charging clients £4 every month. wtf

[bernie37] 05/3/2018 18:10

3/2/2018 JPMorgan Chase & Co.
star star star star Set Price Target Buy GBX 250 View Rating Details
2/27/2018 Morgan Stanley
star star star Boost Price Target Equal weight GBX 215 -> GBX 225 View Rating Details
2/23/2018 Citigroup
star star star Reiterated Rating Sell GBX 150 View Rating Details
2/22/2018 Cfra
N/A Set Price Target Buy GBX 270 View Rating Details
2/22/2018 Royal Bank of Canada
star star star star Set Price Target Neutral GBX 215 View Rating Details
2/22/2018 Shore Capital
N/A Reiterated Rating Buy View Rating Details
2/22/2018 Goldman Sachs Group
star star star star Set Price Target Sell GBX 190 View Rating Details
2/5/2018 Deutsche Bank
star star star star Reiterated Rating Buy GBX 234 View Rating Details
1/29/2018 HSBC
N/A Reiterated Rating

[bernie37] 05/3/2018 18:02

Barclays remains a stock that has strong dividend growth potential in my view. The company is expected to raise dividends in the current year and next year so that it has a dividend yield of 3.8% for 2019.

Following that, the company may be in a position to pay out excess capital that is generated under its current strategy to investors. This could mean that its dividend prospects improve – particularly if its growth potential is realised.

[jordaggy] 05/3/2018 16:10

Good volume today...if volume is your thing.

[smurfy2001] 05/3/2018 14:38

The FTSE just wants to visit < 7000 surprised the crash never recovered.

[alphorn] 05/3/2018 11:21

There seems to be no reaction this morning to May's indication of the loss of passporting rights. Why?