Barclays Share Discussion Threads

[manics] 08/1/2021 11:11

Sky news:Ministers are preparing to release roughly £800m in dormant assets held in bank and consumer finance accounts that will be funnelled to community projects and other causes. An announcement is expected from the Department for Digital, Culture, Media and Sport tomorrow.

[portside1] 08/1/2021 10:51

Stondyou , Gibraltar did you no over 15000 Spanish cross into gib ever day for work , if the Spanish do not except the rules then do not allow the Spanish in to work ,The Spanish people would soon riot as it would be those that suffer. Not the people of gib

[johnwise] 08/1/2021 09:09

Chinese Coronavirus in the UK: National Express suspend all UK coach services

National Express Coaches will fully suspend its national network of services with effect from Sunday night as a result of tighter restrictions and a fall in demand.

[manics] 08/1/2021 08:04

Barclays might be pleased that BDEV report not a lot wrong with the housing market.

BDEV recommencing dividends.

[johnwise] 08/1/2021 07:52

FCA finds 4,000 firms at risk of failure due to Chinese Coronavirus

Watchdog warns around 30% have ‘potential to cause harm’ if they closed down

In a survey sent to 23,000 solo-regulated firms, the FCA discovered that “a market downturn driven by the pandemic risks significant numbers of firms failing”, said Sheldon Mills, executive director of consumers and competition.

[johnwise] 08/1/2021 07:45

Boris needs to come out and confirm these figures are wrong, if they are right then he needs to resign or tear the deal up.


Brexit FARCE: Britain forced to pay Brussels £24m a DAY despite voting to Leave in 2016 with payments scheduled for the next 44 years

UK taxpayers have paid the EU an eye-watering £41billion since voting to quit the bloc in 2016, a shocking new analysis has revealed.

[johnwise] 08/1/2021 05:36

Trump did it his way...all the way... utter brilliant to watch....four years of two fingers up to all the liberals, lefties, media, celebs, so glad just once in my lifetime l witnessed this a man who had no fear.. enjoy your retirement.

[johnwise] 08/1/2021 01:19

History and Pence will live to rue the day, as will eventually the Western world, democracy and capitalism.. For those of you who think the demise of Capitalism is a good thing, then good luck with the woke socialism coming your way. Look forward to your job losses (gone to China), your pay cuts, your drop in your standard of living, your loss of freedoms, loss of cash and close monitoring and being fed lies by the big tech. You have removed the one block standing in their way Trump..

[johnwise] 08/1/2021 01:14

The World Is Being Enslaved By China…Again

Now with the world collapsing economically, the Chinese regime is busy buying up cheap stocks, real estate, and increasing their control over medical supplies the world needs.

[manics] 07/1/2021 20:31

From Reddit:It's funny looking back at analysis of his compensation package when it was announced. From an article titled "Tesla's Elon Musk May Have Boldest Pay Plan in Corporate History" by the New York Times in 2018:"If Mr. Musk were somehow to increase the value of Tesla to $650 billion - a figure many experts would contend is laughably impossible and would make Tesla one of the five largest companies in the United States, based on current valuations - his stock award could be worth as much as $55 billion Mr. Musk's critics - and there are many - are likely to contend that the new compensation plan is just the company's latest publicity stunt".Tesla is worth $756B today.

[manics] 07/1/2021 19:27

Surely one day we will look back on BTC and TSLA and marvel at how things got ever got even half that far. Or maybe I'm just utterly and hopelessly wrong.

ARB valued at £100m per employee (they have 4 employees).
TSLA valued at $1.25m per FY car delivered. GM valued at $9k per car delivered.

[manics] 07/1/2021 19:24

Elon Musk, the maverick boss of Tesla, has overtaken Amazon’s Jeff Bezos to become the world’s richest person, after shares in the electric car company he co-founded soared on hopes that a Democrat-controlled US Senate would usher in a new green agenda.

[manics] 07/1/2021 19:24

cmillar: be careful with bank NAV's. Easy to come a cropper there imo.

[cmillar] 07/1/2021 18:49

Hey Bernie, I thought BARC book value was approx 250p....... so trading at 0.6 and a potential 60% upside to get to a P/B of 1

[diku] 07/1/2021 17:32

Just looked at ARB...unbelievable...I have never had any of my shares go up from 10p to 125p in a month...not only that would have bailed out much sooner...

[bernie37] 07/1/2021 17:20

Right now, Barclays shares are trading at a price-to-book (P/B) ratio of around 0.3. Lloyds shares are trading at a P/B of approximately 0.40. This might have been acceptable at the beginning of the pandemic as both businesses were reporting losses. Generally, if a company is losing money, that implies it’s shrinking.

Therefore, it doesn’t make sense to pay the book value or more for the equity. As such, at the beginning of the pandemic, a P/B ratio of less than one for both organisations would have been acceptable.

However, over the past 12 months, both Barclays and Lloyds have shown that the pandemic’s impact on their operations has been relatively limited. Both lenders reported significant losses in the first half of 2020.

But by the third quarter, the lenders had moved back into the black. Lloyds reported a pre-tax profit of £1bn in the third quarter. Barclays reported a net profit of £611m. Neither company has registered fourth-quarter results yet, but I believe it’s highly likely both groups will report a profit for the period.

On that basis, I think the shares look cheap from a valuation perspective. If Barclays and Lloyds shares returned to a P/B of 1, that would produce a return of more than 100% on the current share price.

What’s more, in the past few weeks, regulators changed their stance on bank dividends. They’re now allowing lenders to resume dividend payouts at an appropriate level. This suggests Barclays and Lloyds shares will become income investments once again in 2021.

Both have plenty of capital to cover any additional losses as well as pay shareholders a steady dividend. That’s another reason why I think the companies could be profitable acquisitions at current levels.

[manics] 07/1/2021 16:59

Apologies for O/T but interesting note on ARB:

"24 thousand trades. A few weeks ago we had three. Not three thousand. Three".

Crazy market...

[extrovert] 07/1/2021 16:43

Was about 6400 21st DEC.

[manics] 07/1/2021 16:32

Christ, BTC about to go over $40k.

[manics] 07/1/2021 15:10

A nice turn in ARB, riding a little BTC magic. Just sold at 127p, buy at 105p this morning.

[johnwise] 07/1/2021 14:43

Biden's remarks on 'EU state' offer Boris Johnson worrying insight into how he sees bloc

[johnwise] 07/1/2021 14:29

Europe has failed, as Iran returns to the path of nuclear weapons

If any more proof was needed that the controversial deal regarding Iran’s nuclear programme was no longer viable, Tehran’s announcement that it is to enrich uranium to 20 per cent means that, in effect, the agreement has reached the end of its problematic existence.

Iran’s move to intensify the uranium enrichment process is not the first time it has been in violation of the agreement.

[johnwise] 07/1/2021 14:23

The UK Tory Government handed over Gibraltar to Spain in all but name.

Brexit skirmish erupts as Spain demands police presence allowed in Gibraltar docks

GIBRALTAR's post-Brexit agreement with Spain is already in jeopardy as the European Union member state has requested a police presence at docks and airport between the two countries.