Barclays Share Discussion Threads

[madoff with cash] 04/4/2009 22:41

uk soveign debt is ripe for a short. once they've done quantitatve easing, expected in a few weeks, we'll get clearer on what comes next.

[madoff with cash] 04/4/2009 22:39

i am bullish on commodities, from moderatly to strongly bearish on equities and extremely bearish on soverign debts.

[madoff with cash] 04/4/2009 22:37

weez, that's a nice one. i lost some moeny last week. i bought nok against dollar and sterling. green back surged 3 to 4% in two days before g20. i was panicked and closed the positions. but it came below my selling points. gutted, but that could happen to anybody. i'm shorting us treasuries (look out tbt, quoted at nyse) and thinking of shorthing uk gilts, but need a deep pocket and don't know where to start. i shorted some stocks on the g20 day and got my figures burned. they called it bear squeez. but in the long run, i'm a lot positive. this crisis is once in a life time opportunity for speculators. wait patiently and bet correctly to be on the right side.

[madoff with cash] 04/4/2009 22:28

went to ats bullion. selling silver at £18 for an ounce. £17 for 50 ounces and £16 for 100. even then they have no stocks for 100 coins. that day silver was trading at ~$13 an ounce on comex.

[madoff with cash] 04/4/2009 22:25

blap, at least i find some sanity in you. good luck, mate.

[madoff with cash] 04/4/2009 22:20

you should be selling all your holdings. this is one of your last chances to sell equities. people still don't understand the depth of what's been happening. in 1930s, we has so many such false dawns before us growth turned to negative double digits growth. this is gonna be as deep as, if not deeper, than 1930. no sane investors are taken in by g20 cliche.

[madoff with cash] 04/4/2009 22:17

boys,

who's gonna pay ishares $5B. Look how much henderson paid to new star. look how much glg paid to sg asset books. it's way overvalued.

[scruffydave] 04/4/2009 22:11

qantas and rafboy, yes barc are looking to sell ishares, but I dont think that the fsa clean bill of health was contingent on that sale. I wouldn't worry too much if they take their time over it because its better to get the deal right than to get a fire sale price

[rafboy] 04/4/2009 21:55

QANTAS - A fair point but we seem intent on selling it - at the right price no doubt. Regards.

[qantas] 04/4/2009 20:56

rafboy Ishares is profit making and valuable asset so I don't agree.
Breaking thru 200 pence next week.

[rafboy] 04/4/2009 20:47

We are waiting for Ishares to be announced and if it does not come over the weekend I expect a pull back. Hope I am wrong as I hold BARC for the long term. Regards.

[qantas] 04/4/2009 20:43

montyhedge Investors Chronical is the kiss of death.
You do sound very desperate.

[charles2112] 04/4/2009 20:26

On the housing subject my Mum works in an estate agent and the repo's are coming in thick and fast and they are accepting lower and lower bids, the way i see it until a person on an average wage can buy a house with a mortage 3.5 times their wage with a 5% deposit (how mortgages used to be) houses will continu to drop, until houses come within their price limit things will stay very unstable! The way i see it!

[capricious] 04/4/2009 19:39

thought news was due 03/04? Guess Barclays can be choosey now the bods at the FSA have given the all clear...

[capricious] 04/4/2009 19:38

Do we have a date for news of the ishare sale, damn things like waiting for the archos 5g to be released, which still hasn't materialised 6 months after offical release date (now waiting for the Omnia HD instead)

[jwe] 04/4/2009 18:47

GB-I agree it is just a matter of time before the recovery begins the question is how long?With regard to house prices the US model is very different to ours,their problem is a matter of oversupply as is Spain`s and Ireland.The latter pair imo have a long way to fall yet.I agree the US housing market could be nearing a bottom(depending on how high unemployment rises) in the worst hit areas(florida,California etc)however in others the problem is just starting(New York prime areas).
As far as trhe UK is concerned it is a question of affordability both to residential buyers and investors(ie yields).The Nationwide figure is a blip as Halifax proved a few days later.Prices will fall by another 20%,at least, imo with unemployment rising and lenders refusing to give mortgages to anybody other than those that can afford it-quite a novel change from the last decade.I could go on
I make my living by investing in property(BTL)and my gearing is currently zero(perhaps not best)

[donutulike] 04/4/2009 18:45

RBS AGM - things are going to get better, without bloody ABN Amro they'd have made an op profit for 2008

[donutulike] 04/4/2009 18:44

BARC rally from here, ups and downs but no looking back, Monty you're on the wrong side of the deal

[m power] 04/4/2009 18:36

montyhedge - 4 Apr'09 - 15:37 - 19699 of 19712


INVESTORS CHRONICLE THIS WEEK SAID SELL, CHANCES OF NEEDING TO GO TO THE GOV IN FUTURE.

Monty I wouldn't put too much store on what investors chronicle say, from my experience they don't often seem to have a clue. A couple of weeks ago they were advocating sell at 0.90 and the shares promptly rocketed.

Same with shares magazine, they were advocating Barclays as a great opportunity at that point to short...

Better off dyor then listening to these clowns who appear to be p@@@ing in the wind.