Barclays Share Discussion Threads

[m1k3y1] 15/2/2019 22:08

The FT
Barclays considered £500m cash injection from Russia

[m1k3y1] 15/2/2019 22:08

The FT
Barclays considered £500m cash injection from Russia

[bernie37] 15/2/2019 17:01

Barclays’ strategy appears to be working well in my view. Sure, it is not a popular share at the moment, with its market value having come under pressure in recent months. But after having completed its restructuring, I feel it is now in a stronger position to generate improving financial performance.

With the stock forecast to post a double-digit EPS growth rate this year and it having a dividend yield of around 5%, I believe that the Barclays share price could offer appealing total return potential over the long run.

BP’s financial performance is clearly closely linked to the prospects for the oil price. I’m cautious on this front over the near term, since I feel that there are a number of variables that could impact on the price of black gold.

[bernie37] 15/2/2019 16:57

In the current year, Barclays PLC (LON:BARC) (BARC.L) is expected to have a dividend yield of around 5%. That’s approximately 50 basis points higher than the FTSE 100’s yield.



However, investors do not appear to be particularly excited about the stock’s prospects. Its share price has fallen by around 20% in the last year, which suggests to me that investors are cautious about its prospects.

That’s understandable in my view. The outlook for the UK economy ahead of Brexit remains uncertain. Meanwhile, threats such as a global trade war and a rising US interest rate could impact on the prospects for the world economy. As a result, investors may remain unsure about the outlook for the stock, as well as the wider banking sector, over the near term.

However, I think that Barclays could offer long-term income investing potential. Sure, its shares may prove to be volatile in the near term, and there is a risk of loss from investing in the bank. But with its dividend due to be covered 2.9x in the current year, it seems to be highly affordable in comparison to some of the dividends offered by its FTSE 100 industry peers.

Further, recent updates from the bank have suggested that it may have a bright future. It has largely completed its restructuring following the sale of Barclays Africa. It now expects to generate excess capital, some of which could be used to fund a higher dividend in my view. And with its EPS growth rate forecast to be around 13% this year, its strategy seems to be working well.

Therefore, I believe that the stock may offer improving total return potential over the long run. It appears to have a sound strategy, income potential and a bright future when it comes to EPS growth. While potentially volatile, I feel that its reward potential could be relatively high.

[bernie37] 15/2/2019 16:35

UK banks Brits love the most: from Metro to Royal Bank of Scotland, these are the rankings

[johnwise] 15/2/2019 14:36

Sack the remainers in your Cabinet and replace them with Leavers, problem solved, but you wont do that will you as you are still plotting to tie us forever to the EU, the best solution is a General Election and see how many remainers survive.



May's remainer withdrawal deal with its red herring backstop is a stinker because it:


*Budget: Writes off the majority of the UK’s share of EU assets while locking us into those assets that carry a high liability of future payments.

*Pensions: Makes the UK share of EU pension liabilities unfair.

*Contributions: Locks us in a Long term liability of EU financial contributions & increases during transition period and any extensions.

*ECHR: Keeps the UK locked in the restrictive ECHR helping criminals remain in UK above the rights of security of the British public.

*CJEU: The Court of Justice of the European Union retains jurisdiction over the UK during the transition period with any further extensions and in areas of law for some years after we leave.

*EU Caselaw: Contains damaging restrictions giving due regard to EU Caselaw making it impossible to gain an independent Judicary and Immigration policy or return our Sovereignty.

*Fishing Rights: The withdrawal agreement alludes to future "shared" British fish stocks.

*EU Military Projects: It locks us into the collaboration of future military projects of the European Defence Agency/European Defence Fund supported projects.

[mj19] 15/2/2019 11:09

RBS pays more of divi than Barc!!! Lol

[bernie37] 15/2/2019 10:35

In corporate news, Royal Bank of Scotland was in the green as it declared a 7.5p special payout on top of an ordinary dividend after doubling profits last year. RBS reported an operating profit before tax of £3.4bn and an attributable profit of £1.62bn for 2018, more than double the £752m from the year before and higher than £1.58bn that analysts expected.

[johnwise] 15/2/2019 08:50

"No surprise with remainers in charge. They love selling off UK industry. Our Government sold many of the companies that the Government of China now invest in . Water, Rail Energy etc are being taken over by China. "

ALEX BRUMMER: Chinese involvement in British payments firm Worldfirst adds a new security complication

[shiv1986] 15/2/2019 08:27

Have you seen the ADVFN Twitter poll about Brexit?

[johnwise] 15/2/2019 08:22

European parliament agrees to keep eye on China’s takeovers and investments

The European Parliament gave the green light to new measures that will allow for more intense screening of foreign takeovers in Europe’s strategic sectors, a move that comes amid heightened concerns about investments by Chinese companies.

[johnwise] 14/2/2019 22:24

14 Feb 2019
Mike Pence calls for EU allies to quit Iran deal during speech

Video


Donald Trump on the Iran nuclear deal

Video

[portside1] 14/2/2019 20:45

No rise and only 4 more trading days ,not looking good

[portside1] 14/2/2019 20:43

Op teeth fine never had one out ,all mine still was in the chair 2 mins and out back in sept ,21.60

[johnwise] 14/2/2019 13:53

AT least two European Union member countries are feared to be considering quitting the bloc to follow in the footsteps of Brexit Britain, global business developer Hilary Fordwich warned.

[optomistic] 14/2/2019 11:15

Cheers Porto. Good luck to you too.

[portside1] 14/2/2019 10:55

No dentist at 12.20 check up them pub and dinner Op hope you are keeping well . Have put 100k in my current account to buy. Either cna or vod next week if share price holds at today's levelHave a good year op

[optomistic] 14/2/2019 10:12

Morning Porto, I was beginning to think you had overlaid this morning ;-)

[portside1] 14/2/2019 10:04

Barcs the only bank in the Eu down today So much for up grades if barcs was doing well the insiders would now no results and buying its not looking good Get rid of the useless dishonest directors Mc lair the fraud and is side kick jes must be removed

[johnwise] 14/2/2019 07:08

Europe is BIGGEST THREAT to global economy: 'VICIOUS DEBT CRISIS' incoming, experts warn

[diku] 13/2/2019 23:44

Hope not but that right header chart is being kept intact to the downside...possibly for the next leg down...

[m1k3y1] 13/2/2019 18:57

John....

I don;t think I've ever seen a company make so many new hirings at senior level.
Having made substantial cutbacks during the recession, it appears that Jes is hell bent on now replacing the positions he got rid off years ago.

We can only hope that it delivers substantial profits rather than just jobs for the boys.

[bernie37] 13/2/2019 17:09

Barclays (BARC.L) has spent between £100m and £200m ($257m) preparing for Brexit, the chairman of its UK bank, Sir Gerry Grimstone, said on Wednesday in Dublin.

The expanded Dublin unit of Barclays, which is set to become its European headquarters, is expected to absorb around £224bn of its total £1.17tn in assets by 30 March.

Bank of America (BAC), which has also chosen Dublin for its main post-Brexit EU hub, said in November that it had spent around $400m (£309m) on its Brexit restructuring efforts.

Also speaking in Dublin on Wednesday, Bank of America vice-chairman Ann Finucane said that, considering that many financial institutions were spending similar amounts on Brexit preparations, “it adds up.”

“I hate to say that we’re more cost effective than [Bank of America],” Grimstone said. “We’ve certainly spent 100m, 150m, 200m – but yes we’ve spent less than them.”

Barclays last month got the green light for the transfer of more than £150bn in assets to Dublin, after the London High Court said the bank could not wait any longer to implement its Brexit contingency plans.

READ MORE: Barclays ‘cannot wait any longer’ for its £166bn Dublin move

Around 6,800 Barclays clients, mainly from the European Economic Area, will be transferred to Dublin by 30 March, when the bank expects to be fully operational there.

Speaking about the Irish regulatory authorities, Grimstone said that “the process over the last two years has been as smooth as we possibly could have wanted it to be.”

“We’re impressed with the nature and scale of regulation. It’s a new adventure for us — being regulated by the Irish Central Bank and through them, the ECB,” he said.

He noted that Barclays had not been “dragged kicking and screaming” to Ireland. “When you’re faced with regulatory or political change, you have to do things which you perhaps wouldn’t do otherwise,” he said.

“So we used the opportunity to create a major new European continental bank, which will centre on Dublin.”

Grimstone warned, however, about the impact of Brexit on conditions in London.

“The United Kingdom has gone from being one of the most predictable environments in which to operate to one of the least predictable.”

“There’s got to be a very high priority in restoring that predictability,̶1; he said. “The challenge we all have is that nobody knows what is going to happen over the next few weeks.”

Both Grimstone and Finucane were speaking at the European Financial Forum, which was organised by the Financial Times and IDA Ireland.

[johnwise] 13/2/2019 17:01

Before Trump was President
1 Jun 2014

Donald Trump - America is Ruined, China is laughing

Video