Barclays Share Discussion Threads

[prbshares] 15/3/2023 16:50

CS has shed 25% and now sits at the same rsi as Barc

Barc was at 193 and now down to 138 which is circa -28% ... Crazy for a profit making bank

[prbshares] 15/3/2023 16:45

Been out for the day and see barc has gone for the yoyo approach ..... what a mess and it was only a month ago that barc was declaring billions of profit !! I guess we have to ask if the Swiss NB and government will allow CS to fail .... i would like to think not but time will tell.

Barc shored up their finances with huge buffers ... so why are we being taken so low ... sub 20 again on the rsi.

Manics : You still calling the 16x in 9 days ?

[manics] 15/3/2023 16:35

You could buy BARC at these prices in 1993. "Thiiiiiirty years of hurt, never stopped me dreaming"

[smurfy2001] 15/3/2023 16:35

Absolute carnage. Reminds of when the Ukraine war started.

[johnwise] 15/3/2023 16:34

These are the rotten foundations upon which Hunt wants to build his house of optimism. “Gas prices remain more than twice their pre-pandemic level,” the OBR says, “which, when added to the stagnation in business investment since 2016, the recent rise in labour market inactivity, and the slowdown in productivity growth since the financial crisis, means that there remains weak underlying momentum.”

Hunt put the best possible face on a terrible situation today. But his smile is nervous and tentative. When it breaks, you can see his private recognition of the disaster we face. Some of that is, as Hunt likes to insist, a result of external factors. But much of it is to do with the decisions his party has taken and the ones it has not

[kogg] 15/3/2023 16:32

Waddy, it was here I heard



Robert Kiyosaki, who accurately predicted the 2008 Lehman Brothers’ collapse, warned that Credit Suisse could be at risk as the volatile bond market crashes, with rising interest causing bonds to fall in price.

[smurfy2001] 15/3/2023 16:32

Credit Suisse to be renamed Debit Suisse .

[dope007] 15/3/2023 16:28

As for the wholesale dumping, I don't believe this is a crisis. If it was FTSE would have been cut in half. this is weak holders, and leveraged holders being screwed over.

[dope007] 15/3/2023 16:27

Yes seen The bank of Dave. Mostly make believe the whole film. enjoyable and the bank is real but thats the only thing real in the film

[deme1] 15/3/2023 16:24

I reacon the US will release some info today to stabilise the market, resulting in a nice bounce to the DOW, and Barc and other banks opening up a nice chunk in the morning

[waddy] 15/3/2023 16:24

kogg; May I ask where the view of Robert Kiyosaki is written please?

[wendsworth] 15/3/2023 16:20

Has any poster seen 'The Bank of Dave'? Great film. Reckon they'll be springing up everywhere after the latest banking shambles? Bet Putin's pleased Russia has been excluded ?!

[roundtheworld] 15/3/2023 16:19

I’m buying as well. It looks cheap until we’re suddenly in the low 120’s. You have to stick your flag in the sand somewhere though and then hold.

[deme1] 15/3/2023 16:12

Second batch bought, looks cheap however still have cash set aside should the proverbial hit the fan 😀

[johnwise] 15/3/2023 16:11

Torys still pushing their net-zero scam to make you poor ..Has already bankrupted Britain



Spring Budget 2023: Nuclear reset to ‘environmentally sustainable’ to bolster net-zero plans



Coal plant ‘will close as planned’ despite Government’s winter standby request

[manics] 15/3/2023 16:02

The hand-wringing London City gents will sleep easier with the FTSE firmly below 8k.

[johnwise] 15/3/2023 15:57

Fox News contributor Douglas Murray blasts woke agendas in the banking system in the fallout of the Silicon Valley Bank collapse

This is where the woke agenda goes to die: Douglas Murray

Video

[zaxarobal] 15/3/2023 15:44

Give me a market with no floor. Hades is upon us. We have not have a massive puke on the close for awhile. I am talking when people start getting scared. And that is only the beginning going into the next stage aka #stage3 people still have no idea how bad this is going to get.

[smurfy2001] 15/3/2023 15:18

Good time for a share buyback l suppose.

[auson1] 15/3/2023 15:04

diku,

Today Brent is the lowest it has been in over two years !

[blueeagle7] 15/3/2023 14:49

Looking to top up at these levels.

[diku] 15/3/2023 14:47

Well didn't they initially blame Russia as part of the prolonged unknown problem...oil started to spike up...