Barclays Share Discussion Threads

[claret dragon] 26/6/2019 14:08

Bought today at 148.5p

[diku] 26/6/2019 13:46

Yes think smart money would prefer a capitulation down to 125 - 130p...current price is becoming too stale...

[ric0chet] 26/6/2019 13:21

not much to encourage II's to get in I suppose. It's been on the downward trajectory for years so something has to happen to turn the share price around otherwise going lower perhaps down to £1.30?

[jordaggy] 26/6/2019 09:47

Too many II's won't touch banks with a barge pole.

[johnwise] 26/6/2019 09:22

4 undervalued FTSE 100 stocks? BP plc, Barclays plc, Persimmon plc and Royal Bank of Scotland Group plc


Barclays currently trades on a P/E ratio of around 7. I’m struggling to find many FTSE 100 stocks with lower ratings just now, which suggests to me that investors have a pessimistic view on the bank’s prospects.

However, with Barclays forecast to post a rise in EPS of 13% this year and it having strengthened its business model through asset disposals and reinvestment, I think it may prove to be undervalued over the long run.

[buywell3] 26/6/2019 08:31

Yes he is trying to do that

But too many other MACROS are cropping up that will force his hand very soon IMO

World inflation due to increased animal protein and cereal/crop prices being one of them

[diku] 26/6/2019 08:26

Massaging the markets without having to cut rates...

[buywell3] 26/6/2019 06:54

FED Chairman has indicated the USA markets are overblown due to his previous comments about rate cuts which have pushed markets to historical highs as fundamentals are looking worse , Global tensions are rising , GOLD is rocketing upwards, trade sanctions remain unresolved , and USA job numbers plus consumer confidence is waning.


He spoke yesterday re a slowing Global economy and the USA markets wobbled

[portside1] 26/6/2019 06:08

Will we have a better day, Staley as a month to give out better results which he said is hard work had put barcs in a great place , if it's not he should resign as a failure and a liar He has milked the bank along with is mates ,But has failed to return barcs for the owners in is tenure of False statements ,Aug 1st.

[bernie37] 25/6/2019 18:14

Barclays believes a market "melt-up" could be on the horizon if three things materialize in the near future: A trade truce, Federal Reserve rate cuts and the economic slowdown only being a soft patch.

The so-called melt-up refers to a sharp move higher driven by investors late to the game looking to get in on a momentum shift. It is often a sign of a late-stage bull market.

A melt-up "is indeed possible, but would require a confluence of several outcomes: 1)Trade tensions decrease substantially; 2) The Fed eases aggressively; 3) The current industrial slowdown remains a soft patch and does not morph into a full recession," Maneesh Deshpande, head of equity derivatives strategy at Barclays, said in a note Tuesday. "Although this is not our most probable scenario, we acknowledge that its likelihood has increased."

[buywell2] 25/6/2019 16:13

IMO it is not just the Banking Sector

The retail sector

The Travel sector

The building sector


All of them are showing weakness as consumer spending slows


The only thing holding up UK markets is the USA and FED talk re rate cutting


Carney the Canadian is jumping on the same bandwagon instead of a plane home

[diku] 25/6/2019 15:59

One can pick few companies with share prices trading at multi year lows with eyes shut...

[jordaggy] 25/6/2019 15:26

War, brexit, fintec.

[rasl5] 25/6/2019 15:01

barc down last 3 days and again down today ,any news ?

[jordaggy] 25/6/2019 14:56

There's simply no demand for the stock...a very long barge pole comes to mind.

[bernie37] 25/6/2019 14:15

The last time I covered the Barclays (LSE: BARC) share price, I concluded that, despite all of the problems facing the business, the stock could ultimately be worth 80% more than its value at the time “when Barclays finally gets its act together.“

More than a month on, and I still believe shares in the bank could double from current levels, even though activist investor Edward Bramson recently failed in his attempt to get Barclays’ management to shake up the business and prioritise shareholder returns.

Legal troubles

There’s no denying the bank has struggled to recover from the financial crisis. Even though a decade has passed since the entire UK banking sector was brought to the brink, Barclays just hasn’t been able to shake off its past issues.

Indeed, only a few weeks ago, it was fined €210m by the EU for its part in a foreign exchange cartel. It seems to me as if investors just can’t get past the constant string of lawsuits and fines Barclays appears to be facing. And I can’t blame them.

However, these issues are also camouflaging the fact there’s a fundamentally strong business under all of the problems, which is producing fantastic profits. Last year, for example, the bank reported a net income from operations of £2.2bn.

This year, analysts have pencilled in a net profit of £3.8bn. So far, there seems to be little reason to doubt the City’s growth projections for the firm.

CEO Jes Staley is targeting a return on tangible equity (a measure of profitability) of more than 9% for 2019, and 10% for 2020. Insiders have described this goal as “sacrosanct221; and Staley isn’t taking any prisoners in his quest to meet the target.

Back in April, it was revealed he is planning to cut bonuses as part of a cost-cutting drive to boost returns at the underperforming investment division, a drastic decision that has risked staff ire. Nonetheless, it’s clear the bank needs to take these actions if its ever going to pull itself out of the doldrums.

Undervalued

Only time will tell if I’m correct in my assertation that the Barclays share price could double from current, but I reckon the odds are in my favour. Even if earnings stay where they are for the next 10 years, there’s still a good chance the stock could double as, right now, it’s dealing at a historical P/E of just 6.8 and price to book ratio of 0.4.

By comparison, shares in international peer HSBC command a P/E of 11.4 and deal at a book value of one. And as well as earnings growth, the City is expecting Barclays’ dividend to rise a double-digit percentage this year as well.

After cutting the distribution to save money in 2016, management decided to double the payout in 2018, and analysts believe an increase of 15% is on the cards for 2019. If this comes to fruition, the stock will end the year with a dividend yield of 5%.

So, overall, not only is the Barclays share price deeply undervalued compared to its peers, but it also supports a market-beating dividend yield, so there’s something for everyone.

[smurfy2001] 25/6/2019 11:54

Barclays has now broken down below support. It's become a real howler of a stock.

[diku] 25/6/2019 10:22

What you need is a consortium of large shareholders to force for change...Bramson could do with support from others...too many Yes Sir types...

[m1k3y1] 25/6/2019 10:03

it is amazing how long they can hide behind this excuse buywell. Why the large shareholders allow them to continue in this way is beyond me.
Stopping the scrip dividend would be a good start,.

[diku] 25/6/2019 09:52

m1...unfortunately there is not much they can do whilst Brexit longest innings is being played out by our Political masters...think CEO's within Plc casino markets are loving it...any bad trading updates blame it onto Brexit and you are off the hook...their wealth/luxurious lifestyles stays unaffected...

[diku] 25/6/2019 09:44

Barc is just in a down league of its own...

[m1k3y1] 25/6/2019 09:43

But the BoD don't appear to care buywell.......they do nothing !

[buywell3] 25/6/2019 09:39

BARC leading the way lower yet again