Barclays Share Discussion Threads

[bobp] 14/10/2010 14:16

Not sure about the CC ruling, but I thought barc was ok re Basil 3

[bobp] 14/10/2010 14:15

Shares of Barclays PLC (BCS) fell 3.2% and Lloyds Banking Group slid 2.5%. Royal Bank Of Scotland Group (RBS) fell 3.3%. Strategists said news of a Competition Commission ruling and worries over Basel III capital requirements were hitting those shares.

[ny boy] 14/10/2010 14:14

255p area usually provides strong support, I will be a buyer as usual down there!

[bobp] 14/10/2010 14:12

u watch the bugga will move up!

The drop though is steep!

[eisler] 14/10/2010 14:10

comfortably thru 280. 275 by close.

[bobp] 14/10/2010 14:09

moved it, beware of falling knives!"
Cheers Arai

[b1gman2] 14/10/2010 14:06

are we going to breech 2.80?

[arai] 14/10/2010 14:06

Bobp, either move your order price or you will be entering sooner than you thought !!

A.

[bobp] 14/10/2010 13:44

hi roady, good to hear from you , yep u may be right .
4pm+ will be the telling period I always think those in the know make their money for the next day around that time

[abhai] 14/10/2010 13:25

Can't figure out where this "support" level at 284 has come from ..... seems to like it!

[roadwalker] 14/10/2010 12:50

BobP I may be wrong but I do not think your order will be met!!!

[layer cake] 14/10/2010 12:48

RBS is the worst performer @ 3.4 % DOWN

[seccol] 14/10/2010 12:39

Will possibly go lower but a bounce
before maybe falling again...

[bobp] 14/10/2010 12:37

v strong resistance at 280 I feel

Just put a large buy order on at 279.9 hoping for a buy then bounce and then sell, but I will be keeping an eye on it.

I just wish the market was lower..

[ps0u3165] 14/10/2010 12:28

Ken - You would have to be thick if you felt the need to pay to ask a question on a public BB.

[miata] 14/10/2010 12:14

Most Actives:
Banks are still suffering the effects of Basel III and yesterdays move by Standard Chartered to try and counteract these measures. Barclays is the worst hit so far, in terms of share price. Its stock has dropped 3.25% to 282.48p. Lloyds Banking Group is next worst with share price losses of 2.80% pushing their shares down to 70.56p.

[lyntwyn] 14/10/2010 12:02

Big banks fear they will be forced into cash calls

...........Bob Diamond, Barclays' chief executive-elect, said two weeks ago that "we believe we have enough equity capital and it is not our intention to turn to our shareholders for more". A spokesman for the bank confirmed that the position had not changed.

However, the Financial Services Authority is expected to insist that British banks implement Basel early. Banks are also girding themselves for additional requirements, particularly relating to lenders deemed "too big to fail".
from todays Times

[kenbachelor] 14/10/2010 11:46

MIATA - This thread is R/W. Unfortunately some people get pleasure from asking idiotic questions and if you ban them, they are back 5 minutes later under another name.

I will always answer sensible posts from sensible posters on here, but if trouble makers want me to waste my time answering them they need to pay. If they do that I will answer as many questions as I possibly can, because I will know that they really are as thick as I think and not just making trouble.

[ps0u3165] 14/10/2010 11:40

Maybe they should have a rights issue look what its done to STAN share price today ;0)
edit

[eisler] 14/10/2010 11:35

smart money on 250 by end Oct...

[goofball25] 14/10/2010 11:13

Bought back in. Made good money trading from here on numerous occasions.

find it very odd how barc sells off in the run up to earnings everytime, for whatever reason without fail. This time its funding fears.. . If we're not over 300 in the next few weeks.. I will be very surprised

[b1gman2] 14/10/2010 11:08

This has surely gotta be a great buying opportunity for barc, down on a mere rumour, will be up again soon, sub 300p to me is buying territory. But perhaps a wise person would keep some cash back, just in case there is a cash-call.....

[smurfy2001] 14/10/2010 10:27

Do UK banks need more capital?

In our view, none of the UK banks needs to raise equity. In 2013 and
post RWA mitigation, we believe the UK sector will have a Basel 3 equity tier
1 ratio of 11%. None of the banks will be below 10% on our calculations.
This assumes a continuation of existing dividend policies.
Total capital ratio of 15% is possible: While most of the focus is on the
equity tier 1 ratio, we believe the sector will also have to maintain a sizeable
total capital ratio. BIS imposes a 10.5% capital requirement but this ignores
systemic risk surcharges. The Swiss regulator wants 19%. Given the
importance of the UK banks in the context of the UK economy, we work with
a figure of 15%. With existing subordinated debt incompatible with Basel 3,
this implies that another £120bn of Basel 3 capital would need to be issued
to meet new requirements, based on our 2013E estimates.

This should be manageable: Banks have a long-time to meet new
requirements. They also have £135bn of hybrid tier 1 and tier 2 debt (some
of which includes regulatory call language) and partial exchanges into new
Basel 3 instruments are highly likely, in our view. Investment bank
employees might also receive Basel 3 capital as part of their remuneration.

[miata] 14/10/2010 10:14

Ken, if you want replies on your FTSE thread please make it RW (like most PBB threads here) you will still have full ban control.

[seccol] 14/10/2010 10:14

mad
At least one of us will be correct,
just bought at 2.806335.
Cuople of weeks ago I said I was looking for a decent sub of 300p
will pick up more as it falls....
Although might be a tad early on this occasion.