Barclays Share Discussion Threads

[red army] 09/5/2010 12:55

Just popped in as this was supposed to be a BARC thread??????

[ludlow3] 09/5/2010 12:55

these closed at 283p in the usa on friday hoping for 270p in morning

[gbh2] 09/5/2010 12:41

And they're all paid for by us, the taxpayer!

[isis] 09/5/2010 12:38

Tony Blair has 35 bodyguards and his not even a fekin MP!

[ny boy] 09/5/2010 12:38

Have to laugh at Sky news earlier this morning...

NEWS ALERT

Cameron leaves his home by Jag....

only to return 5 mins later with the Sunday papers lol! Very eco friendly, how about friggin walking or getting on that bike.

[1aws] 09/5/2010 12:37

wwwilliams - you are totally wrong. Read McCrone's report.

"A report written by the Scottish Office economist Gavin McCrone for ministers in the mid-1970s indicated that with ownership of North Sea oil, an independent Scotland would have "embarrassingly" large tax surpluses."

"for the first time since the Act Of Union was passed, it can now be credibly argued that Scotland's economic advantage lies in its repeal."

[wwwilliams] 09/5/2010 12:28

In fact the boundaries for assets offshore follow the line of the onshore borders which awards most of the oil wells to England.

[1aws] 09/5/2010 11:56

But Salmond has a cunning plan to collect the Scottish oil revenues. As reported in the 70s all the oil wells are north of the English border, whichever way you measure it.

[gbh2] 09/5/2010 10:36

If Salmond ever gets his way, it won't be long before we have boarder disputes regarding who should be paying council Tax to which government, because they simply don't have sufficient Tax payers to cover the cost of how he's running Scotland!

[capricious] 09/5/2010 10:14

Exactly gbh2, no ones going to thank the party that had to push through the expected cuts.

And if the uniformed get what they want, i.e PR, we will never have a majority gov again, we will be forever beholden to small interest groups, not forgetting the Scots demanding more money, the Irish demanding more money, and last but not least, the Welsh... when there isn't any left.

Fine have the PR but give the above three the independence they seek, then the English (cosmopolitan) get the party they voted for.

[purple sound] 09/5/2010 09:29

After meaningful "one to one to one" discussions this Bulletin Board is going to be run jointly by Ken, Monty and ludlow3.

I can't wait !

[purple sound] 09/5/2010 09:27

I think the Cons and Libs should say they are going to be working foremost for the Nation's Interests.
They should say that the Coalition will last for at least 18 months in order to improve the Nation's Finances.

Other issues should be secondary !

In this time an Alternative Voting Scheme can be investigated and implemented.


The Labs in the meantime can sort themselves out.

[gbh2] 09/5/2010 09:01

Problem is whoever gets the job of putting the finances in order is going to be very unpopular by the time it comes around to the next election!

[thecollector] 09/5/2010 08:59

looks now like no result btwn con and lib til pm monday. markets work in advance though. writings on the wall, i think we'll see a good leg up into three quid plus v v soon

greece and the other pats of the PIGS are ok, you watch, no way they'll be allowed to collapse it just won't happen

once the yanks realise this they'll be buying again like no tomorrow and those not in will miss out bigtime on what could be the last leg down on barc for some time

all a bit wishfull thinking but nevertheless a v good possibility!

[robertfaulkner] 09/5/2010 08:15

Would markets like Lib Dens saying they will vote with Torys guaranteed until June 12 (2 years) with certain caveats like slight increase in personal allowance, conference on PR and alternatives, Torys saying no referendum on leaving EU (Till 6/12).

Then after June 12 Lib Dems free to decide on all votes as they like.

Gives Torys 2 years to get on with the nasty but needed cuts and them call an election if the other parties aren't with them.

[manuel labour] 09/5/2010 08:13

Incredible P/E ratio now.

[seible] 09/5/2010 06:57

Thanks, guys.

I think the EU is offering a comprehensive response, I think of all the options this is the best. I saw a program in US where one guy was saying that EU simply cannot act fast and comprehensively and that's what the market does not like. I think their response over the weekend takes care of this criticism.
That's why I hoped this could be trend-changing news. We are way oversold anyway so I am hoping for the market bounce.

As to the UK, I think it is important the FTSE 250 went 4% down on Fri on the back of this news. Any delay will create more exiting. I agree the best would be tory outright majority but no re-election please - there will be months of uncertainty. So in the circumstances Con-Lib agreement of any sort by Mon coupled with decisive EU action could be a catalyst...

[rainfall] 09/5/2010 06:48

I do not want these to rise but fall in the morning will buy at 280p with any luck.

[smurfy2001] 08/5/2010 23:42

Seible,

I'm a long termer and as any long termer here will know, i've always been bullish on BARC. However, given the EURO crisis (or should l say market speculation, fear, uncertainty and doubt), l think we're going to see another leg down unless the EU act fast.

This weekend, it's been declared the EU are looking at a financial support mechanism for economies such as Greece, Portugal and Spain. If they can get this agreed quickly, then this may help support the savage downturn in the markets. I don't care how they do it, as long as it reassures the market and gives the speculators are burning.

I think this bit is key, the hung parliment IMHO is not the reason the market is weak, l would say sterling is the impact here.

[ny boy] 08/5/2010 22:25

The Election saga is not as important as EU crisis, they will bring out market making news before Asia opens, maybe the Yanks will join in too for good measure.

re election saga, a nonsense for Tories to get into any deal with Libs, best call for another Election so those numpties that wasted their vote on Clegg ( a idiotic party that actually as expected did sweet fa and ended up with less seats than last time )lol! will now vote using common sense, only a Tory vote and a landslide victory will help fix broken UK.

[seible] 08/5/2010 21:53

OK, so now the likely scenario for Monday:-

1. EU takes some definitive action all stock markets wanted to see to balance the Euro. I hope they deliver on their promise to have something tangible up and running by Monday morning like they said.

2. Very unlikely a deal is reached by Mon morning (if at all) between Con and Lib...

How will the markets react? Any thoughts?

PS I think Lib should just allow Con to get on with the economy, nobody give a flying about the referendum right now, they should just allow Con to start working by agreeing not to defeat them on the key policies, budget etc. In exchange they get cabinet seats. I hope they realise that...

[t 34] 08/5/2010 20:38

Credit rating agencies are WMD.

[thecollector] 08/5/2010 20:32

once its clear barc has no great expo to greece it'll be back to circa 3.80/4.00

panic selling recently has been the greatest example of stupidity i've seen, to think, on friday this went to 2.75p!!

two things needed, a clear euro statement re greece and our great leaders getting their act together, then its sorted!