Barclays Share Discussion Threads

[m1k3y1] 13/2/2020 18:25

klotzak...ex div date is 27th Feb.

[klotzak] 13/2/2020 18:22

I reck it is, whilst we were in negative territory the whole day it slowly started to climb off the lows and offer us hope!Would you say the 6p is now accounted for in the SP? I always thought it dropped the day it went XD.

[smurfy2001] 13/2/2020 18:08

Pleased with the 6p dividend. Is the worm finally turning?

[klotzak] 13/2/2020 17:22

UDIK and Potty infoYou can read the utter nonsense these muppets put out at the weekend. We're over the worst of the Coronavirus and the FTSE will rise 3-500 points this week. Zero credibility the DIK is a fantasist.Even more dangerous is the radical fantasist, Potty. Sits on this site day in day out from Spoons, retired at 50 now aged 72 with 800k invested and a net pension of over 30k. This goon reckons he can short VOD til he breaks them and can eat a Korma.They thrive off each other's nonsense, and sneer at fellow investors, calling them peasants. Be warned, they are somewhat euphoric within their important heads, but truly irrelevant.

[klotzak] 13/2/2020 17:16

He's no shrinking violet. Watched him in an interview last week and he is credible and confident. A good choice I think.

[m1k3y1] 13/2/2020 16:00

Barclays signals ROTE goal may not be reached in 2020

[bernie37] 13/2/2020 15:40

Barclays (LON:BARC) had its "buy" rating reaffirmed by analysts at Shore Capital (Not Ranked).
Barclays (LON:BARC) was given a new GBX 220 ($2.89) price target on by analysts at JPMorgan Chase & Co. (star star star star blank star). They now have a "buy" rating on the stock.
Barclays (LON:BARC) was given a new GBX 240 ($3.16) price target on by analysts at Goldman Sachs Group Inc (star star star star star). They now have a "neutral" rating on the stock.

[jordaggy] 13/2/2020 15:37

Barclays PLC BARC Shore Capital Buy 175.12 179.34 250.00 - Reiterates

At least someone loves us...

[bernie37] 13/2/2020 15:15

Payment Protection Insurance (PPI) Redress
As at 31.12.19 £m
As at 31.12.18 £m
2,652
As at 31 December 2019, Barclays had recognised cumulative provisions totalling £11bn (December 2018: £9.6bn), against the cost of PPI redress and associated processing costs, of which £1.4bn was recognised in Q319. Utilisation of the cumulative provisions to date is £9.8bn (December 2018: £8.7bn), leaving a residual provision of £1.2bn (December 2018: £0.9bn). This represents Barclays’ best estimate as at 31 December 2019 based on the information available.
The current provision reflects the estimated cost of PPI redress attributable to claims and information requests from customers, Claims Management Companies and the Official Receiver in relation to bankrupt individuals, prior to the Financial Conduct Authority (FCA) complaint deadline of 29 August 2019.
Q319 saw an exceptional level of claims, enquiries and information requests received in advance of the complaint deadline of 29 August 2019. Of the greater than two million items outstanding at Q319, materially all have now been processed into Barclays’ systems and 52% of the items processed have been resolved, including invalid items.
The residual provision has been calculated by applying a number of assumptions to the population of claims and information requests. Based on resolution of complaints during Q419, the observed outcomes support the aggregate provision amount.
The following table outlines the key assumptions used in the provision calculation as at 31 December 2019, excluding enquiries from the Official Receiver, and a sensitivity analysis illustrating the impact on the provision, if assumptions prove too high or too low.
Assumptions
 Validity of claims and information requests received (%) - the proportion of claims and information requests received prior to the FCA complaint deadline that are expected to be valid when all processing stages are completed
 Average uphold rate per claim (%) - the expected average uphold rate applied to valid claims where PPI
policy/policies exist
 Average claim redress - the expected average payment to customers for upheld valid claims based on the type and
age of the policy/policies (£)

[diku] 13/2/2020 14:49

Consolation is price hasn't fallen much deeper so far...

[johnwise] 13/2/2020 12:53

Boris Johnson appoints Rishi Sunak, 39, as his new Chancellor after Sajid Javid RESIGNS.



Rishi Sunak

[johnwise] 13/2/2020 12:13

Boris culling hardcore brexiteers now he's sitting pretty with big majority, proper opportunity for Boris now to show he's a liberal.. So why has he got rid of Brexiteers This absolutely proves he is a remainer and we will still be tied to Europe Financially.

Sajid RESIGNS after refusing to let Dominic Cummings sack his staff: Javid quits after saying he won't be 'Chancellor in name only' during extraordinary showdown with Boris Johnson

[seewhatimean] 13/2/2020 11:50

I am concerned about your English Language GCSE resit.

[portside1] 13/2/2020 11:32

I am not concerned about is dealings with Epstein But I am about is false statements .

[m1k3y1] 13/2/2020 11:26

have to agree with you Porty

[portside1] 13/2/2020 11:19

The webcast was another waste of money. Same statement from is first year

[jordaggy] 13/2/2020 11:18

Good looking though.

[portside1] 13/2/2020 11:18

The webcast told us nothing no mention of ppi Same old news and same statement of the last 3 years Jes must go he is a fraud a dud is Higgins still at 5he bank 11 months and not one word to investors why bother having a chairman he is mute

[m1k3y1] 13/2/2020 11:12

he needs to go....He is just a plodder and we need a visionary.

[bernie37] 13/2/2020 11:01

Barclays records strong results
Helal Miah, Investment Research Analyst at The Share Centre, explains what Barclays results mean for investors:

'While these results are somewhat encouraging, we still remain wary of the British bank, it’s still involved in many litigation related issues and we feel it needs to get its act together and this morning’s news about its CFO just will not help it shake off its past.

'Should this issue drag on and become a distraction; its activist investor base may step again up to push for a cleaner and less controversial leadership.'

[m1k3y1] 13/2/2020 09:47

Staley disappoints as usual.....
and why do we have to wait two months to receive the divi ?

[johnwise] 13/2/2020 09:21

Boris kicking some of the free loaders off the gravy train

The Cabinet sackings begin: Julian Smith and Andrea Leadsom face the axe as Boris Johnson reshuffles his top team... but Jacob Rees-Mogg looks safe despite Grenfell comments - as he deflects questions about future with bizarre weather chat

[johnwise] 13/2/2020 09:16

Coronavirus death toll leaps, party bosses in China's Hubei province sacked

Some Chinese Officials Resign When Ordered to Handle Coronavirus Outbreak



Chinese applications to British universities surge by more than third to reach record high

[johnwise] 13/2/2020 09:15

Boris Johnson’s family in bed with China, claims Nigel Farage