Barclays Share Discussion Threads

[pjw956] 19/5/2010 21:01

yep i agree... market running scared - anything can happen - it will bounce back - just not sure when

[jon827] 19/5/2010 21:00

Agree the only thing holding this back now is US reform and a bit of pig. Should go higher now we have found out V Cable is spineless

[saltaire111] 19/5/2010 20:34

ADR say we're about £2.95 in the morning. This is just too cheap at this level. Down a pound from the top, oversold. Way oversold.

Salty.

[tamboerskloof] 19/5/2010 19:55

My Barc end of year estimate was £3.90

[tamboerskloof] 19/5/2010 19:46

Hang --- You got a really good deal there --- Tam.

[kenbachelor] 19/5/2010 18:17

Hangman - Well I didn't see you last night!

Re the doors. When I was 20 I completed my City & Guilds in Carpentry and although I've been out of that line for 50 years, 4 hours to hang a heavy hardwood door was the normal time allowed. Of course everything was done with hand tools in those days, but I would expect with electric planers and screwdrivers to shorten that not extend it. I assumed £20 an hour as that's what I pay.

[airlie] 19/5/2010 18:16

thehangman, a few compromises inevitably, but responsibility will be an eye-opener for the Lib Dems. Bit of patience required.

[eisler] 19/5/2010 18:10

Oh cr@p...and so it continues! :-(

[thehangman] 19/5/2010 18:04

Ken
6 days to hang the doors
3 days to apply danish oil
2 days to apply beeswax

I hope you enjoyed Towcester,i lived in Northampton for 50 years and was a frequent visitor there.

[kenbachelor] 19/5/2010 17:57

Hangman - It's quite a simple sum really. 4 Hardwood doors at £80 each + say £80 for the finishing. So labour only about £400 to £450 if my carpenter was doing it.

[thehangman] 19/5/2010 17:56

tam
Are you my "chippy"
£200 a day for 11 days plus VAT

He took £2k for cash----dont tell David/Nick

[tamboerskloof] 19/5/2010 17:45

Hangman £2500 - £3000

[thehangman] 19/5/2010 17:37

2 things off topic

1
Ive voted tory for 35 years,but regret my last vote as theyre giving into the Lib Dems and their lousy reforms.Hopefuly they will fall out,tory mps disgruntled will block Cameron and Clegg.Then a re election and a right wing tory to take up the helm.

2
labour costs
Ive just received a bill from our local carpenter.He hung 15 hard wood doors,gave them 4 coats of Danish oil,and 2 coats of beeswax ----how much ?(i supplied the doors and fitments)

[isis] 19/5/2010 17:26

Hedge fund selling hits 18-month high
Hedge funds have embarked on their largest selling spree in a year and a half as market uncertainty drives many investors to sell shares as fears over the stability of many Western economies grow.

By Harry Wilson, Financial Services Correspondent
Published: 5:47PM BST 19 May 2010
In a sign of the speed with which market sentiment has deteriorated over the last month, hedge funds have made a dramatic switch from their biggest buying spree in more than two years to become big sellers once again, according to UBS.
The latest data from UBS's prime brokerage business, which handles the Swiss bank's dealings with hedge funds, shows that as of the end of last week selling by funds was at its highest monthly level since January 2009.

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Hedge funds have been blamed for much of the recent volatility in world markets, with the German government prompting chaos on Wednesday with its ban on short-selling in the shares of 10 major Germany financial institutions, including Allianz, Commerzbank and Deutsche Bank.
Based on the UBS data, hedge fund selling of bank shares has been relatively muted, with most of the net selling focused around the IT, consumer services and transport, telecoms, and metals and mining sectors.
From heavy selling earlier in the year, hedge fund and long-only investors' buying of bank shares has picked up in the last two months, leading some to question why the German government decided to institute its ban now.
Pedro de Noronha, managing partner of hedge fund firm Noster Capital, said the ban was "ridiculous".
"All it proves is how scary it is to have people who are unsophisticated in financial markets imposing regulations on products they don't understand," said Mr de Noronha.
To compound the sense of victimisation felt by hedge funds, the announcement of the ban came on the same day that European Union finance ministers voted through tough new industry regulations in a move widely seen as more political grand standing than considered law making.
The Alternative Investment Fund Managers directives will put hedge funds under a new super-regulator for the first time, despite repeated criticism from industry trade bodies.
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[wenlynn] 19/5/2010 17:17

"I'll Sleep When I'm Dead"

[devil20] 19/5/2010 16:49

Except the dead!

[topper007] 19/5/2010 16:24

what goes down must go up

[gbh2] 19/5/2010 15:22

FTSE been driven down by DOW again, whilst DOW attempts recovery to go through it all again tomorrow. Time the FTSE was electronically linked to the DOW maybe we'd save money by getting rid of the UK traders!!

[gekkofox] 19/5/2010 14:56

As previously advised...Short till 270, then close out and start buying with the expectation of a drop to maybe 264 or so , put stops in around 235, and ride the upsurge.

[sunfish2] 19/5/2010 14:40

Who cares about the Germans? The whole Euro scheme is a racket and a Franco German stich up.

Let them stew in their own corrupt and stinking mess and they can blame "the war" for the creation of the EU. The frogs know all about colloborating, so they are already ahead of the game.

Who is the UK going to trust, Obama? Let's talk to NZ and Australia, if they would have us back.

[homeboy35] 19/5/2010 13:18

Yeah, spot on! Must have made a coupla bill today!