Barclays Share Discussion Threads

[pieffect] 27/8/2019 08:15

Alternative facts again i see.. would you like to share the source of your stats with us

[portside1] 27/8/2019 08:05

The Eu is bankrupt fact it's going to implode

[portside1] 27/8/2019 08:03

A few facts from gov . 95% of all migrants pay no tax but claim some sort of benefits ,in most cases living around 12 to a house Avg only paying one council tax but using all the services It can not go on the services on breaking down due to migrants who pay for no medical cover . Yet the brits going to the Eu Have to buy insurance The Eu migrants are killing the system to allow big non U.K. companies to have cheap labour and the tax payers foot the bill All facts

[pieffect] 27/8/2019 06:01

Imigirants are net positive contributors but don't let the facts get in the way let's just blame immigrants

[hellscream] 27/8/2019 05:34

but you are right on immigration portside, they are sucking the life out of this country (pavements are paved in gold), thats why the young WONT have retirement.

the benefit system WILL collapse this nation. inwork benefits is a big NONO, and is why the job market in now broken. only 20 odd percent of taxpayers are classed as NET- payers, and this is the reason young ppl will never have a pension pot.

[hellscream] 27/8/2019 05:01

nothing to do with being smart portside. its all luck/timing how you made money on housing. noone in this generation will see 300-500% gains in housing anymore. just like in march 2009 i got lucky and made 1000% in banking shares in 6 months.

[johnwise] 26/8/2019 22:08

Fox News

Jonathan Ward: China is building a military that's designed for conflict with the U.S. and its allies

Video

[johnwise] 26/8/2019 22:07

Trump: “US Never Collected 10 Cents From China “

Video

[pieffect] 26/8/2019 21:35

Please do blame others for your gambling loss :))

[pieffect] 26/8/2019 21:01

You're not an investor, you're a gambler seek some help before you lose it all

[portside1] 26/8/2019 20:48

Now I am going to watch the second half of the match with interest

[portside1] 26/8/2019 20:48

That would be great news ,I have made a lot of money Before I was 40 enough to buy 3 houses all in the best places Much wenlock oxford and my home all completely detached Rich and idle I am not intelligent I am smart yes smart

[pieffect] 26/8/2019 20:34

You can't see past your xenophobic views.. but I give you that if this great nation was ran by idiots like you or ppl that share the same view, the boat traffic as you put it would be reversed

[portside1] 26/8/2019 20:31

Have just put 100 pounds on Solihull to win at full time 4.1 They are down 1.0

[portside1] 26/8/2019 20:29

Pie I retired at 50 now 72 , and still paying loads of tax And happy to pay my tax , but not to give out to migrants and immigrants which is what it is doing

[pieffect] 26/8/2019 18:55

First because some of actually have to work even on bank holidays 2 you're a moron no ones is running away from eu

[johnwise] 26/8/2019 17:42

An international tax is one step closer to a global governance system. Presumably, Macron would want any monies raise from international taxation to go straight into the EU coffers?


Macron issues demands for international tax system at G7 - 'It's not fair!'

EMMANUEL MACRON has just delivered his final speech of the three-day G7 summit and he used it to demand changes to the international tax system.

[cantrememberthis2] 26/8/2019 16:07

Align Research
Now this one really does illustrate the schizophrenic nature of investors as a herd. Only just over 2 months ago investors were clamouring over themselves to buy shares in a placing at 500p per share (that was itself upsized such was the demand). In the end, a gross £375m was raised. Set this against the current market cap of just over £500m and stock price of less than £3 and it seems that “Mr Market” now believes that the ex cap raising operations of the bank are now worth just £125m. Nonsense we say.

The book value of the bank is approx £1.7bn and thus as at Friday’s close one can now buy these assets for less than 0.3 times book value. These types of valuations are generally seen in the teeth of a major recession where bad and non performing loans run to 10-15% of the book. Metro’s current position is far, far removed from this. Indeed, NPL’s at the half year stage were just 0.17% – one of the lowest ratios of all the listed banks. In fact, the most recent results per HERE painted a pretty robust picture going forward with intended expansion into the Northern heartlands of England and reaffirmation of medium term guidance.

Some commentators have lamented the absence of recent Directors buying yet ignore the large participation by the BoD at 500p in May including a £2.5m ticket from Chairman Vernon Hill. At this price and with a gilded shareholder register that includes such eponymous billionaires as Steve Cohen and Michael Bloomberg I cannot believe that they are not seriously looking at the metrics of taking this private. I certainly would be in their shoes if I had their pocket depth.

The current year PE we also argue is a misnomer given write downs on the loan book. With deposits once again on the growth tack we see continued lending expansion and that 2020 profits will make this years’ PE seem anomalous.

The bank’s Tier (1) ratio at 15.8% is extremely robust and following the recent capital raise illustrates to us that Metro is more than able to withstand any Brexit No Deal turbulence (which, by the way we see as being completely overblown – akin to the Y2K worries that proved a non event at the turn of the millennium). With the likes of Crispin Odey short here, during the summer doldrums the short pack have been able to make hay. We expect this period is now coming to and end (as with the real hay making period!) as the swing to the value end of the spectrum has become extreme. Our first target here is 500p back to the placing price and as with the price move in late May post the placing that took the stock up to near 900p from the mid 4’s in the preceding weeks, we expect the rally to be extremely sharp. Buy.

[portside1] 26/8/2019 15:10

Pie what do you not like about democracy should we abandon voting ,or should we never e crept a democratic vote and riot Ans destroy everything we do not like ,Should we race on to the football pitch if our team is losing because that is just what you remainers are doing and saying You are very sad losers you are life's losers .Yes life's losers

[portside1] 26/8/2019 14:45

Pie , it is you with head in the sand. A person no one would like to protect your back