Barclays Share Discussion Threads

[spoole5] 12/10/2018 17:33

Bramson offloading?

[bernie37] 12/10/2018 17:06

Barclays (LON:BARC) has been assigned a GBX 240 ($3.14) target price by Deutsche Bank in a research report issued on Friday. The brokerage currently has a “buy” rating on the financial services provider’s stock. Deutsche Bank’s price target would suggest a potential upside of 40.80% from the stock’s current price.

[mhin2] 12/10/2018 16:30

something stinks here, but I have never trusted Barclays....wonder if the chickens are coming home to roost....something majorly wrong

[action] 12/10/2018 16:16

Does MM knows something which is not public knowledge? Is there any fines pending which we are not aware. This should not be at this level.

[tenapen] 12/10/2018 15:23

PurplePanther
12 Oct '18 - 07:25 - 127704 of 127714
0 2 0
Should have tried harder at school eh



If your not from the right school, Oxford / Cambridge ........

[bernie37] 12/10/2018 15:02

Barclays (LSE: BARC) shareholders have suffered a painful 2018, seeing their shares fall by 16.5% so far. And over five years, the loss comes in at a shade under 40%.

That’s the worst five-year performance of the FTSE 100 banks, falling behind even Lloyds Banking Group and Royal Bank of Scotland, both of which needed government bailouts. So why is Barclays still so badly out of favour? After all, the liquidity of the banks has improved dramatically under new legislation, and they’ve been coming through Bank of England stress tests with impressive results.

My Foolish colleague Kevin Godbold reckons that looking at specific financial crash woes is missing the big picture, and that’s the long-term cyclical nature of banking. He also suggests that, as the banks just take a small slice off the success of the economy, they could be badly squeezed next time there’s a recession.

I think he has a point, and I also reckon there’s a problem here that we’ve seen in all sorts of other situations regarding shares. It happens after a high-flying sector or company suffers a serious downturn, and future observers have a habit of unrealistically comparing back to the good old days.

Clean slate

But it’s no good comparing the bank with the Barclays of old, as that simply does not exist any more. And pre-crash earnings, share prices and dividends are no more relevant to today’s Barclays than, say, the price of sausages. The sector that was largely seen as an unassailable cash cow effectively went bust, and it’s possible that Barclays shares are currently fairly valued in terms of their genuine long-term profitability and their newly-understood risks.

But having said all of that, another regular response by burnt investors is to steer completely clear of the businesses that failed them, often for ever. And I reckon that can lead to long periods of undervaluation, before new investors are able to put the bad things behind them and evaluate the shares without that historical baggage.

Another fellow Fool writer, Harvey Jones, is a lot more bullish on Barclays, and he’s essentially pointing to the valuation of the shares.

We must remain mindful of the obstacles that might still face Barclays, including possible further penalties for its part in various misbehaviours — like, for example, the Serious Fraud Office’s investigation into the Qatari investments that saved the bank from having to seek government aid.

Depressed valuation

But current forecasts put Barclays shares on a forward P/E multiple of only 8.4. And if the predicted EPS rise for 2019 comes off, that would drop to 7.6. It would also provide a 2019 PEG ratio of 0.8, which is a growth indicator that investors in small-cap start-ups would like — for a major FTSE 100 company, it seems unusually attractive, to say the least.

Other measures are important for banks too, and Harvey points to a price-to-book value of just 0.4. So the shares are trading at less than half the book value of the bank’s assets. Again, that looks silly cheap to me.

Is there risk in the dividend? Yes, but the attractive forecast yields of 3.7% this year and 4.7% next would be covered 3.2 times and 2.8 times by earnings respectively. It would take a big hit to make that unsustainable.

I can only see Barclays shares are seriously undervalued, even with the cyclical risks.

[bullinachinashop3] 12/10/2018 11:56

Felicity kendal would be proud of you.

[portside1] 12/10/2018 11:47

going to have solar panels in my garden , they will have sun from morning till dusk

just under 6k ,

[bullinachinashop3] 12/10/2018 11:42

Good thinking Porty, lets all return to our 1950s ration cards.

[portside1] 12/10/2018 11:41

CNBC jp results any time now

[bullinachinashop3] 12/10/2018 11:31

what do you think of the M26 Port? good news hey

[portside1] 12/10/2018 11:29

jp results today ,

[portside1] 12/10/2018 08:42

since mc liar said I have sacked Jenkins , he was not up to the job at the bank

the share price is down 35% yes 35% , mc liar you are a disgrace no honour no morals

when are you going to make a statement on your statement of lies .

he should not be allowed to resign he should be sacked as a dud which he is

JES is very dishonest and I now think the fca should of made him to step down

4 years of mc liar and company down 35%
what a great record

2014 mc I will double the share price it was 262p till he arrived

[johnwise] 12/10/2018 08:29

Still Banking on line ?

Revealed - £2m cost of cyber attack on Copeland Council

Authority not expected to fully recover until March

[purplepanther] 12/10/2018 07:25

Should have tried harder at school eh

[tenapen] 12/10/2018 07:01

Senior judges in England and Wales could be set for pay rises of up to 32% if recommendations made by the Senior Salaries Review Body are accepted.

The move aims to address low morale among judges







One pay rise for the rich

The rest of us are lucky to get 2%

[johnwise] 11/10/2018 20:12

Pay back time for the worst service on the high street..W H Smith..Only a fool queues to spend money.

WHSmith has been overpriced for years. One of the Great Mysteries of the 21st Century - why WH Smith still exists


WH Smith closes six stores after WH Smith launched an overhaul of its under-pressure business as it revealed sliding sales and profits at the division.



W H Smith voted worst high street retailer for its eighth consecutive year

[spoole5] 11/10/2018 18:19

Yes Porsche, only a favourable brexit deal would see any resistance to the continued drop here, and i would sell into any rise as it would be short term. Also the potential for bramson to offload at any time once he's realised what a dog he's bought.

[porsche1945] 11/10/2018 16:35

What a dog of a company Barc is, never fails to disappoint. Sold this out out at 2.20 a while ago at small loss and got clear, this looks like its heading back to 1.20, ftse uninvestable, brexit uk basket case.

[portside1] 11/10/2018 13:06

ken , I have a great idea , nothing in the world like it , and millions would love to have one , it would makes millions of peoples lives great ,
but at 71 and time running out . I think it will never be thought of again

when I die ,

the Japanese would go for it like wasps tp a jam jar ,
it could be worth billions , wish I new some one who would be interested .

[johnwise] 11/10/2018 12:49

Bitcoin price CRASH: Cryptocurrency suddenly falls and wipes out $13BILLION in MINUTES

BILLIONS of dollars were wiped out within minutes from the market capitalisation of bitcoin (BTC), as the cryptocurrency experienced a sudden and unexpected plunge in value today.

[kenbachelor] 11/10/2018 12:14

Portside - He's still working for the people who took his factory over. He says he might give up next year when he's launched their latest update, which is now planned for February 19.

I think he just feels it's better to carry on, than just sit at home watching the tele.