Barclays Share Discussion Threads

[diku] 26/3/2021 08:31

Well already excessive amounts of food/grocery shops and takeaways...



Basket case economy.. Just more charity shops, cafes in old buildings.

Santander announces plans to close 111 UK bank branches

[diku] 26/3/2021 08:28

If it closes above 186p today then it bodes well for 200p target...

[johnwise] 26/3/2021 08:23

Ponzi Scheme Update:

New Delhi..

Now, Centre makes it mandatory for companies to disclose investments in cryptocurrencies

The Ministry of Corporate Affairs (MCA) has made amendments to rules in the Companies Act, mandating firms to disclose their investments in cryptocurrencies, spend on corporate social responsibility (CSR), and benami property transactions, among others, in their financial statements from the next financial year.

[johnwise] 26/3/2021 08:17

Basket case economy.. Just more charity shops, cafes in old buildings.

Santander announces plans to close 111 UK bank branches

[johnwise] 26/3/2021 08:09

Ulster Bank faced court order in tracker investigation before €38m fine

Regulator found lender devised ‘deliberate strategies’ to overcharge customers

Ulster Bank, which said last month it is quitting the Irish market, was found by a five-year Central Bank investigation to have devised “deliberate strategies” to shift borrowers off cheap mortgages during the financial crisis and only put those who complained on the correct rate.

[manics] 26/3/2021 08:06

Nice open. Lets get it through the session. GLA.

[johnwise] 26/3/2021 07:50

Hand picked reporters from a list and then read his answers to the reporters questions off of notecards.

President Biden holds first solo press conference
VIDEO

[prbshares] 26/3/2021 07:42

Markets blue, any guesses where the ftse closes today?

[prbshares] 26/3/2021 07:41

I have put my rose tinted glasses firmly on today... especially for you Manics as its going to be a Frijay!!!

[manics] 26/3/2021 06:48

smurfy2001: don't be a party-pooper we are 100% focused on the buy back and share cancellation here for now!

Wakey-wakey ABTClub -it's Friyay.

[smurfy2001] 25/3/2021 19:49

Are Barclays still paying a scrip as that would dilute the shares sigh.

[johnwise] 25/3/2021 18:46

VIDEO
Suez Canal Toll Fee : How Much Do Ships Pay for Transit | Chief MAKOi Seaman Vlog S03E12



Most of it is Chinese c....UK needs to become a hell of a lot more self sufficient. Bring back our industry from Communist China

Cargo ship Ever Given, one of the world's largest, has been wedged in the Suez Canal for more than two days

[maxidi] 25/3/2021 17:16

How time flies....

[manics] 25/3/2021 16:55

I remember scalping BARC at 300p!

[maxidi] 25/3/2021 16:53

The last time I bought and sold Barc was many, many years ago. Bought @ 50p !!! Oh! and LLoy 20p!

[manics] 25/3/2021 16:43

Lots of comedy 100 AT's delayed after the UT.

GLA for tomorrow. Lets see all these recent Active Barclays Traders Club adds and buys very firmly in blue for the weekend.

[maxidi] 25/3/2021 16:36

Sold half of my LLOY yesterday to buy these today after making good profits from the 3 legged stallion.

[prbshares] 25/3/2021 16:11

maxidi : hopefully she will close with a blue number for you today.... then its up to manics and his Friyay !!

[maxidi] 25/3/2021 16:03

Up she goes. Maybe the DOW is helping?

Got some this morning @ 183p

[bernie37] 25/3/2021 15:03

The Barclays (LSE: BARC) share price has roared back to life since the 2020 stock market crash. In fact, the FTSE 100 share has now erased all of the losses it endured following the Covid-19 outbreak. It recently struck its most expensive since December 2019, above 180p per share, in fact.

Investor appetite for the bank first spiked when news of successful coronavirus vaccine testing broke last autumn. The triumphant rollout of these pandemic battlers in Britain have allowed the Barclays share price to keep soaring too.

Yet despite its stratospheric rise I think the Barclays share price still looks really cheap on paper. City analysts think the bank’s annual earnings will soar 85% in 2021. This leaves the FTSE 100 bank trading on a price-to-earnings growth (PEG) ratio of 0.2. Investing theory suggests any reading below 1 indicates a UK share might be undervalued.

Betting on the Barclays share price

There are several reasons why the Barclays share price could continue to ascend too. These include:

#1: Reassuring UK economic data. Banks are, of course, ultra-cyclical shares and so their fortunes are tied directly to broader economic conditions. It’s no surprise then that the Barclays share price rise has come at the same time as some key metrics, like PMI and unemployment data, in its core UK market have impressed. The good news could keep coming too as vaccine rollouts continue with great haste.

#2: Solid trading at the investment bank. Income at Barclays’ Corporate and Investment Bank rocketed 22% in 2020, thanks to extreme market volatility. It’s quite possible that trading here will remain buoyant for some time yet. Certainly as the Covid-19 crisis worsens in some parts of the world and other issues such as rising inflation and trade tensions rattle investor nerves.

3: Strong US economic growth. Unlike its FTSE 100 peers Lloyds and NatWest, Barclays has significant international exposure which could prove a key plank for long-term earnings growth. The bank has a hefty footprint in the world’s largest economy, the US. And it looks like GDP growth here will outstrip those of other advanced economies in 2021, helped by the recent $1.9trn stimulus plan.

However…

That said, there’s a couple of key reasons why I think the Barclays share price could crash again. Again, the fortunes of the banks are highly geared to the performance of the broader economy. And the outlook in the UK is packed with peril.

As the experts at Hargreaves Lansdown note: “Provisions for bad debt increased dramatically earlier in the year… and we’ll only know for sure if they are sufficient when government support is withdrawn at the end of the crisis.”

Revenues could also struggle if the economic bounce proves fleeting and the Covid-19 situation worsens.

The probability of low interest rates persisting long into the future threatens the Barclays share price too. Rock-bottom rates have smashed the difference which the FTSE 100 banks lend at, and provide to savers, over the past decade. And the Bank of England continues to publicly flirt with sending rates negative too, a scenario that would have additional ramifications on bank profits.

All things considered I’d much rather buy other cheap UK shares today.

[manics] 25/3/2021 14:59

I will further increase 50% at 178 if afforded. Shame to see it fall back today.A great intra-day buy yesterday that was only missing an end of session sell!

[baggiebird1] 25/3/2021 14:15

Lol indeed mate

Looking for the financial agreement with the eu next

Got as far as my wife buying suncream at the weekend, sun came out, hit 12c and she came back with factor 50 and 30
my wife is scottish ....that explains it :)