Barclays Share Discussion Threads

[smurfy2001] 14/10/2010 10:09

Ken, please ignore the muppets, this is your thread.


Regarding Barclays, something not quite right here. We should be near 400p but now in a clear downtrend....

Now i'm wondering if the rights issue rumours are true even though Diamond said he would not tap the market for more capital.

[capricious] 14/10/2010 09:59

mad,

I didn't mean barc were considering a rights issue, but by feeding on the possible fear, this is the way the players make their money

[madmadscorpioman] 14/10/2010 09:55

seccol Thanks its only a very small punt GL

[seccol] 14/10/2010 09:54

mad
Barc as far as I am aware are not thinking of a rights issue,
down as market feels other's could follow STAN.....

[maximillian1] 14/10/2010 09:48

260 Support...looks like fresh air and a lot of it....

[madmadscorpioman] 14/10/2010 09:42

OK Thanks i did not realise they were considering a rights issue, just placed a small speculative short

GL All

[capricious] 14/10/2010 09:37

Probably MM/shorters driving the stock down, their pricing in a possible barc rights issue... questions around the recent offload (overhang) of shares, and as sure as the sun rises in the east, the sheikh would be privy to any (high impact) future decisions by barc...

[longwell] 14/10/2010 09:35

recent sell of 220 million shares is bound to fill appetite for a few weeks,shake before results not unusual,longterm good buy price in my opinion,day trade very volatile

[madmadscorpioman] 14/10/2010 09:30

Can anyone explain the drop in barclays even though the ftse has risen strongly these are still falling?, not holding but looking to buy at some point

TIA

[layer cake] 14/10/2010 09:15

hsbc are buying BARC. they have not reported my trade

[layer cake] 14/10/2010 09:11

in @ 283.8

i think to soon but got my average down big time.

[solomon9] 14/10/2010 09:07

standard is a totally different animal a bank operating in Asia Pac, Africa, india and ME for retail and commercial- has very little IB/ trading and not relevant in New York - it is at 2.2x book value - its not a bad business has decent growth potential but relatively expensive.

Peer HSBC is 1.4x book value.

Barclays as we all know is around 0.7x book value - yes it has more volatile IB/ trading etc but at this level is dirt cheap- only Irish banks are lower on a book value basis. Lloyds is back to a premium to BV.

Hence the STAN is anomalous, not a reference for more rights issues.

[maximillian1] 14/10/2010 09:03

283.35 +19 = 302.35 thus breaking 301

[bantam175] 14/10/2010 08:58

Barc are already overcollaterised anyway. Don't need to raise extra. But not everyone knows that. Doh!

[erric] 14/10/2010 08:53

guru, don't be a conceited prat - clearly he meant 402.35 and its a simple typo so doesnt need the extra embarassment

[gurunostradamus] 14/10/2010 08:47

impossible i think 383.35+19=302.35

[nashwan123] 14/10/2010 08:44

Check out the RNS on Monitise (MONI). A world first IMHO and a stone bonker multi bagger in the making.Banking related.

[capricious] 14/10/2010 08:40

I believe Stan needed the cash for organic growth as well, basel rules mean less cash for their expansion plans.

[maximillian1] 14/10/2010 08:32

383.35 +19 = 302.35 possible ? 2 day move in this market

[eisler] 14/10/2010 08:23

Timberrrrrrrrrrr

[martyn9] 14/10/2010 08:19

lol not all banks tarred with the same brush!! we need clarity and pdq imo, to stop this rot.

[xamf] 14/10/2010 08:19

Martyn - Yes, I'm afraid so. Barclays have said they don't need to raise more cash. However, as I understand it, STAN has raised the bar by increasing Tier1 cap to satisify possible addtional UK regulatory reforms resulting from Bas3. The concern now is that all the banks will have to follow suit or risk losing investor appetite for dillution if forced on them in the future. Happy to hold and know doubt we'll get a wave of self ramping shorters over the next few days.

[bobp] 14/10/2010 08:17

not sure, blame still seems to be on STAN