Barclays Share Discussion Threads

[telbap] 17/4/2009 07:42

214 - lot of profit takers - i am one!

[blogit] 17/4/2009 07:41

sorry not sure if I posted it here or the other barc thread.
here's the link for the videos and technical analysis.

[harrodsfree] 17/4/2009 07:41

telbap - nice one. When do you think you'll be back in?

[vikingwarrier] 17/4/2009 07:37

How come the sudden drop?

[telbap] 17/4/2009 07:37

out at 224.50

[wilba] 17/4/2009 07:36

Three days ago Barc bought alarger stake in OXB then OXB goes up 3 days running.

Yesterday Barc raises stake in MPS and It goes up two days running. Both were stagnent before Barclays raised its stake.

Barclays is obviously taking advantage of the rising market to mop up underpriced companies.

Keep an eye on the Barc RNS's for investment oppertunities.

DYOR & good luck to all.

[smurfy2001] 17/4/2009 07:21

Just waiting for people to tell me the RSI is off the scale and this is overbought.

;-)

[harrodsfree] 17/4/2009 07:15

If we get to 250p we'll all be shorting.

[kenbachelor] 17/4/2009 07:14

Monty changes his mind every time it rains, so he's probably short by now.

[gordonbrown] 17/4/2009 07:13

guys the world biggest bank (citi) is reporting positive figures today, this will drag all banking sectors up and next week the US will release stress test results so should be another blue week.

do I dare call 250p for next Friday? (got this week right)

[bluesbeater] 17/4/2009 07:09

Monty was predicting 225 next week, looks like we will get it today!

[smurfy2001] 17/4/2009 07:07

221p

I would love to see my 236p target hit (looking at the 6 month chart)

[bluesbeater] 17/4/2009 07:04

larger spread than normal but nice rise to start the day

[mukibains] 17/4/2009 07:02

What price have we opened at? I can't access the live stream at work

tia

[wilba] 17/4/2009 06:55

Morning Mr Brown. Good start. 224 am. 217 close. Retrace early next week on numbers. Trend back up 2nd half next week.

Regards.

[rvsy38] 17/4/2009 06:55

tremendous divergence from 50 day sma - how long can this be sustained ?

[abcd1234] 17/4/2009 06:50

what opening price did cityindex give for banks/barc on bloomberg a few mins ago??..missed it...ta

[gordonbrown] 17/4/2009 06:07

good morning all, have a feeling we are in for a good end to the week

BCS & DOW powered ahead after our close so am expecting 225p by 9am

[iggle piggle] 16/4/2009 21:41

has anyone seen seize the day.

[gcom2] 16/4/2009 21:32

not literally or perhaps yes

[gcom2] 16/4/2009 21:31

\no-stick to the ladies

[iggle piggle] 16/4/2009 21:30

jj can you do a thread with men.

[isis] 16/4/2009 21:29

Barclays president says sector's positive results are not 'one-offs'Bob Diamond, Barclays president and head of its investment bank, offered investors in the battered financial sector further hope by insisting that solid first-quarter results from rivals such as Goldman Sachs were not "one-offs".By Philip AldrickLast Updated: 7:41PM BST 16 Apr 2009Bob DiamondBob Diamond said strong banking results had offered good news for the whole industry Photo: Tom StockillBarclays had "a very positive quarter", Mr Diamond said, helping restore confidence alongside better-than-expected results for the first three months of 2009 from Goldman and JP Morgan Chase. JP Morgan reported first-quarter profits of $2.1bn (£1.4bn) yesterday as its investment banking operations returned to profitability.Mr Diamond said in an interview with Bloomberg: "You have to look at which banks have improved their competitive position during this period, and in that regard I don't think it's a one-off." He added that the strong results had offered "good news for the whole industry".Related Articles*Talk that Barclays may sell BGI for £5bn*US stock markets retreat after unexpected fall in retail sales*Goldman Sachs cautious about short-term outlook despite strong first-quarter profits*US relaxes mark to market regulations*Thousands more finance jobs to go"It's been quite a while since we've seen analysts talk about revenue as opposed to writedowns and balance-sheet risks," he said.Barclays shares continued their strong run of recent weeks, closing up 15.2 at 212p, four times the low earlier this year. Barclays has not yet reported first-quarter results, but said last month that trading had been good. It will update the market at its annual meeting on April 23.Jamie Dimon, JP Morgan's chief executive, added to the bullish tone by insisting the bank would be able to repay the state funds it took through the Troubled Assets Relief Programme (TARP) without tapping shareholders. Goldman announced on Monday that it planned to repay $10bn by raising $5bn from investors.Mr Dimon said: "We want to do it in the interest of the United States, in addition to in the interests of JP Morgan." JP Morgan has accepted $25bn from the US government and recently slashed its quarterly dividend to preserve capital in a move that will save the bank $5bn a year.JP Morgan benefited from growth in its retail bank, higher volumes in mortgage refinancing and "excellent progress" integrating its recent acquisition of Washington Mutual. Similarly, Mr Diamond said Barclays has completed its integration of Lehman Brothers, the US division of the collapsed investment bank it bought from the administrators last year.JP Morgan's investment bank returned to profit with net income of $1.6bn in the three months. Investment banks, including Barclays, have benefited from an upturn in the bond markets and strong interest rate and foreign exchange rate business as companies seek to minimise risk.

[gcom2] 16/4/2009 21:25

u need some nigerian birds on there