Barclays Share Discussion Threads

[essentialinvestor] 18/2/2021 14:10

Manics, appreciate the view.

[portside1] 18/2/2021 14:09

Two thirds of the profits are going to the top bankers Then 75% of what's left to buy backs which benefit the directors And the saw dust which is left to th3 owners

[portside1] 18/2/2021 14:05

Read the last rns This bod are no more than thieves

[portside1] 18/2/2021 14:04

Avge bonuses up 21%. For all top staffIt's fraudulent Staley must be removed he is a bloody disgrace

[portside1] 18/2/2021 14:01

The bank of liars and crooks and it's they to see it's fact

[portside1] 18/2/2021 14:01

Why are the directors been rewarded millions The ceo since he arrived has just lied to investors It's time to vot against every director do not vote for any one of them

[portside1] 18/2/2021 13:59

Our intention to start buying back before the end of q1 Everything this ceo says is our intention or when or if

[manics] 18/2/2021 13:49

Damn shame the FTSE wanted a wobble today imo. Murphy's law.

[manics] 18/2/2021 13:09

EssentialInvestor: because imo they would then lose their banking license from the PRA, which would kibosh nearly everything.

[spoole5] 18/2/2021 12:57

Completely agree, returns are poor. And if they continue will the aggressive branch closure programme why would people just not open a revolut or monzo account where customer service is much better on a virtual and telephony level. I think long term this will be an investment bank and credit card business

[essentialinvestor] 18/2/2021 12:54

Apologies if this appears a rather rudimentary question,

but why don't Barc just exit UK retail and commercial banking?.

Yes appreciate it would not be simple, but from a longer term capital

allocation and returns perspective, is there not a strong case for this...

[smurfy2001] 18/2/2021 12:54

Absolutely pathetic dividend disappointed.

Buy back tends to hold the price back 😴

[spoole5] 18/2/2021 12:52

Legacy banks will eventually be eaten alive by decentralised finance

[anony mous] 18/2/2021 12:18

Looks like it will finish blue.

[micronesiac] 18/2/2021 12:07

Setting a 5p plus div sends a terrible message in this day and age with business failing and unemployment rising. Banks profiting from others misfortune and rewarding investors is not something to shout about

[manics] 18/2/2021 11:58

Keep in mind this is Barclays. With regards to the buy back it's not hard to imagine some special ifs & buts, some sprinkling of magic, a little fairy dust. You know what I mean.

[forcemode] 18/2/2021 11:36

Diku - what bothers me is that when a price is "deemed" to be "low" and they don't buy back it would appear that they expect it to go lower given the market a "heads up"!!

[alphorn] 18/2/2021 11:32

Mainly when expansion of the business would give a lower return. IMO a negative sign.

[diku] 18/2/2021 11:28

That is the obvious belief...but the price is low against what benchmark?...the general market/economy?...better use of company money?...tax purposes?...or BOD have no better ideas?...





I've often wondered on what fundamentals a Company uses when buying the shares back? An obvious one is when they deem the price too low, anything else?

[manics] 18/2/2021 11:06

My concern here is that BARC are out of ammo.

[extrovert] 18/2/2021 10:43

Don't think they would be allowed to pay 5p dividend.

[value hound] 18/2/2021 10:28

"We have today announced a total payout equivalent to 5p per share, comprising a 1p 2020 full year dividend and the intention to initiate a share buyback of up to £700m."

This makes no sense to me - but I'm generally against buybacks even if the share price is deemed to be too low. They should simply give us the 5p and let us decide if we want to reinvest the dividends if the share price is too low. This should be our decision not theirs.

[forcemode] 18/2/2021 10:21

I've often wondered on what fundamentals a Company uses when buying the shares back? An obvious one is when they deem the price too low, anything else?

[diku] 18/2/2021 09:48

Post 5937...exactly...and those share awards are sold to pay their tax bills...you hear it every time blah blah blah......never understood why share awards if they are paid super remunerations....salary, bonus, private health care, expenses, pension, divis...what more do you want...the whole cake and eat it...

[saltaire111] 18/2/2021 09:43

Don’t fall for the buyback nonsense. Managements always favour buybacks rather than giving shareholders dividends. It’s a complete rip off for shareholders. They back buybacks because their restricted stock awards, which vest over several years, do not yield dividends during the vesting period. It’s crass to suggest that shareholders benefit from buybacks - senior management are the only beneficiaries in my view.

Salty.