Barclays Share Discussion Threads

[adg] 14/4/2009 07:36

blah blah blah

[madoff with cash] 14/4/2009 07:35

boys, calling day to day market rise and fall is not what i do. but fundamentally banks are not a place to put your money. they are not fully disclosing their bad assets. and the govt is solving short term. this is democracy, innit? all politicians care about is next week opinion polls. they would trade off sustainable prosperity with immediate popularity.

[veryhappy] 14/4/2009 07:34

smelgy and mad off without cash and housing benefits

Poor upbringing

[farmer12] 14/4/2009 07:34

Nice get in !!!!!!!!!!

[ejohn3] 14/4/2009 07:34

farmer12 - 14 Apr'09 - 08:11 - 21261 of 21271


can we hit the magic £2 today?


IT HAS NOW!!!!!!! lol

[farmer12] 14/4/2009 07:33

It is chancer I maganaged to get in at 186 this morning though

[montyhedge] 14/4/2009 07:32

225p looks certainty this week, shorters are in a panick. AGM 23rd great news to come, dividend coming back Aug 2009?

[chancer] 14/4/2009 07:31

Barclays Site VERY slow.

[shazzieb] 14/4/2009 07:22

well if the share price keeps rising i'm gonna throw away my pot away and redo bathroom into a grand one :-)

[gordonbrown] 14/4/2009 07:17

any views on the next leg up, goldman profit news and the BGI talk must push it through 200p?

[ball deap] 14/4/2009 07:16

that guy is a great british idiot, so many of them these days!!!

[gordonbrown] 14/4/2009 07:12

204 is showing on my trading platform, not sure why

could we see 210p by the close?

update - seems I was a little over excited my screen is now suggesting 189p, perhaps this was a glimps of later today!!

[farmer12] 14/4/2009 07:11

can we hit the magic £2 today?

[gordonbrown] 14/4/2009 07:09

LONDON (ShareCast) - London looks set to make a mildly promising start to the week after the long Easter break with banks likely to be in focus after US banking giant Goldman Sachs declared profits last night that exceeded market expectations. The bank also announced plans to raise $5bn through a share sale in order to pay off US government bail-out funds.

[nickiegaul] 14/4/2009 07:02

welcome back gordon

[gordonbrown] 14/4/2009 07:02

Is Barclays on the brink of selling BGI?

There has been near-constant chatter recently on which bits of the group Barclays might consider selling in order to bolster its capital base.
Yet sources have told FT Alphaville that Barclays is now in detailed conversations with a consortium buyer to off load Barclays Global Investors, its asset management arm, for around £5bn.

That sounds a lot - certainly compared with Barclays' total market cap of just over £8bn. But BGI is a big business - one of the largest asset managers in the world, no less, with something close to £1,000bn under management. Having pioneered low-cost index tracking products, recent years have seen a big expansion of its active management business, while the division also includes the fast-growing iShares exchange traded fund business.

A Barclays spokesman issued a curt "no comment" on Thursday.

But usually knowledgeable sources say the bank is studying a plan that would see Barclays itself part-fund the deal.

With an institutional client list that runs to 3,000 names, BGI had total income of £1.84bn last year, producing just under £600m at the pre-tax level - down 19 per cent on 2007's figures. So, applying a 30 per cent tax rate, a £5bn price tag would suggest p/e multiple of something like 12 times.

The proceeds, of course, would be timely as well as handy - sweeping away those niggling concerns that Barclays might have to return to shareholders again after last autumn's Middle Eastern cash injection.

Tier 1 capital will be bolstered - and cash will be available if required to fund participation in the UK government's asset guarantee scheme, which is rumoured to carry a price tag of 3 per cent or more of underwritten assets.

We assume selling BGI would be something of a wrench for Bob Diamond. He is chairman of the division and in the past has enjoyed spectacular rewards from the BGI remuneration scheme. But in the current environment there's not much room for emotional attachments.
In a generally strong banking sector, shares in Barclays were 6 per cent higher mid-morning in London

This is clearly one to watch.

[gordonbrown] 14/4/2009 06:58

any views on the effect of Barclays selling BGI...buy on rumour

[shazzieb] 14/4/2009 06:58

looking good for the open.....up up and away!!!! good luck all

[mack7heknife] 14/4/2009 06:55

dont let madoff take your eye off the ball , just fillter him .

[gordonbrown] 14/4/2009 06:54

madoff with cash sentiment is driving the banking sector north, with talk of BGI being sold off Barclays will continue to rise through 200p.