Barclays Share Discussion Threads

[portside1] 23/6/2019 19:50

You will be very disappointed the new so called chairman is a dud , Staley will not allow him to be anything other than a door mouse , a another dud ,he is about as much good as a dead fly

[bernie37] 23/6/2019 19:08

Investors will be hoping the retirement of Barclays’ (BARC) chairman John Macfarlane in May 2019 and his replacement by Rothschild veteran Nigel Higgins can mark a fresh start for the business. The shares are marked 1% higher to 177p in response to the news.

Admittedly there has been operational progress under Macfarlane who led the December 2015 appointment of current chief executive Jes Staley months after his own.

Profitability has improved, and the balance sheet is in better shape, but Macfarlane set a bullish target of doubling the share price within three years of his June 2015 appointment – the chart below shows how that has gone…



The whole situation is complicated by the presence on the shareholder register of activist investor Edward Bramson through his Sherborne vehicle. Bramson is pushing for changes.

AJ Bell investment director Russ Mould says: ‘The bank is under severe scrutiny over its corporate strategy with Edward Bramson’s activist investment vehicle Sherborne Investors taking a large stake earlier this year. Reportedly Sherborne had no role in the appointment of Rothschild alumni Higgins.

‘Sherborne, and by extension Bramson, want Barclays to jettison parts of its investment banking business. Given a lot of Higgins’ experience is in the investment banking arena, the activists may not be particularly encouraged by the appointment. Chief executive Jes Staley has so far proved resistant to a shift in direction.’

Mould adds that Higgins might avoid making big promises given Macfarlane’s experience. In his view achieving the 20% return on equity target by 2020 would represent a ‘good start’.

Shore Capital analyst Gary Greenwood comments: ‘Whether Mr Bramson, who likes to have influence over the board of companies he invests in, supports the appointment of Mr Higgins remains to be seen.

‘Either way, we hope the new chairman can bring a fresh perspective and impetus to the group and its share price, perhaps succeeding to deliver what his predecessor has so far failed to achieve.’

[johnwise] 23/6/2019 12:51

Corbyn hates Britain, it's people and it's traditions. He has made this clear and intends to destroy them. Notice how quiet he is on the Royal Family too. Why does anyone (who is not a Marxist) support him?



Corbyn's 'war on homeowners': Proposal to grab more inheritances and tax profits on family house sales (this from the man who grew up in a 17th Century mansion)




A spiteful raid that will horrify millions: Personal finance editor JEFF PRESTRIDGE on Corbyn’s plans to tax home owners

[hades1] 23/6/2019 12:03

Only options for UK. are passing of minor variation of TM deal (Brexit) or a general election.Only truthful options.Everything else a lie.

[joy division still] 23/6/2019 09:58

Newbie to barc here, thinking of buying but have concerns abt house crash & brexit double hit on uk banks. Brexit is pretty much guaranteed - but any views on house crash efforts on BARC.

[hellscream] 23/6/2019 05:58

The country going bankrupt is the best thing we can hope for... no government is going to deal with the elephant in the room.

fact is TOO many people take.. its that simple., why you think the stockmarket as only gone up 9% in 20 years. or why they ppi the bank (steal from shareholders etc, dividend tax... pension freedoms...etc the government NEEDS cash.

But its all fine the greens want movement of free labour, its doesnt come out there pocket.

[portside1] 22/6/2019 23:10

Ken the population is killing the planet Girls having babies for free hand outs And you no this is fact So come on tell all posters it is fact They do not want a job as it will make them poorer

[portside1] 22/6/2019 23:08

If you love the U.K. vote out of the stinking rotten Eu and send back all these scum in France ,Why do they not want to stay in France Simple answer and fact They can not get any help benefits or homes We have left wing scum in th3 U.K. forcing us to House the scum and give them free hand outs they will never work Fact they will never work

[corby3] 22/6/2019 15:36

Jeremy Hunt is a Globalist and a wimp the establishment's man. Another wishy-washy remainer that will continue to kick the can down the road.

I will second that.

[johnwise] 22/6/2019 15:27

Jeremy Hunt is a Globalist and a wimp the establishment's man. Another wishy-washy remainer that will continue to kick the can down the road, Not only the establishment's man but also the EU's preferred choice- someone pliable, who they will be able to mess about - another one that will go trotting back and forth with empty messages. Another one that doesn't believe in Brexit...Tory's you choose Hunt and it's welcome Nigel as PM.


Jeremy Hunt will beat Boris Johnson!' Piers Morgan gives shock Tory leadership prediction

[silverfern] 22/6/2019 15:02

ok POrtside is Dorian Gray : the portrait in his attic is of a part-time stand-up who occasionally writes lines for Sandi Toksvig on the News quiz (Oh sorry that's me!)

[exel] 22/6/2019 14:04

I too was hoping there'd be more about BARC on here? and much less distractional noise. Will keep checking.

[kenbachelor] 22/6/2019 12:35

Portside - I thought this was a Barclays thread, but since you mentioned it, 'the Chinese tried that and it didn't work'!

[portside1] 22/6/2019 12:17

I am not interested in global warming because the people shouting about it do nothing , tell the whole world it is down to Women breeding like rabbits Save the planet make it illegal to have more than one child That will solve the issue .

[m1k3y1] 22/6/2019 10:01

John...LOL you really do post some rubbish.

[johnwise] 21/6/2019 23:01

GLOBAL WARMING IS A SCAM

VIDEO

[m1k3y1] 21/6/2019 22:10

All 18 banks pass first part of Fed's stress tests