Know they can't stop a rout but surely some sign of action.... now down 46% since JM aspirational speech, down 39% since JS took the helm, share suspension, small loss days seem like a victory! Remember the days when we only lost 2-3%, such sweet memories. Maybe the BoD speaking might be a sign of weakness but I think the market has reached its own conclusion, can hardly make things worse. Will continue to hold but every nerve in my body says sell and take a break from this madness!
Me too as needed to finish above153p in my books to look like it could stabilise. The markets are already showing tomorrow is going to be another bad day at the office. I will wait until I see more positive news coming through.
Hi BWK, I agree with most of what you say save for your reporting the final results point is not correct...the Q3 results came out on 29 October (normal) and the year end is also not delayed...in fact, this year is slightly earlier than 2014 results which came out on 3 March 2015. All the earlier 3 quarters aren't "audited" to a statutory level albeit that the auditors will have reviewed what is being reported each quarter. A bigger effort is needed at year end hence the apparent delay in Q4. ATB, Scfc
Scfc, Indeed. That close most disappointing even for a L/T holder like me as it suggests we're far from out of the woods. But as I mentioned to PP a few mins ago, we have strong precedence for going even lower (2011 & 20120, followed by swift recovery.
ATB & GL, we all need some of the latter in this climate!
Why would Barcs need a "multi billion bailout"? If you look at the last available report (Q3 2015)  we see:
- 4% growth in Group adjusted profit before tax to £5,156m.... Group adjusted return on average shareholders’ equity increased to 7.1% (2014: 6.3%)
- A 5% reduction in Group total adjusted operating expenses to £12,465m and a 4% reduction in operating expenses excluding costs to achieve to £11,926m
- Profit before tax in the Core business improved 7% to £6,005m
- increase in average allocated equity of £6bn to £47bn
- Group capital and leverage metrics remained above the 2016 targets, with the fully loaded common equity tier 1 (CET1) ratio at 11.1% (30 June 2015: 11.1%) and the leverage ratio increasing to 4.2% (30 June 2015: 4.1%)
- Net tangible asset value per share increased to 289p (30 June 2015: 279p)
So I'd say at a first glance these are healthy looking numbers. Profits up, expenses down, core holdings up.
As such I can't see just why Barcs would have to announce an RI.
 With that said one thing that could be playing into the conspiracy theorists hands is that the LAST report (Q3) came out in Sep 2015 and the Q4 report is not scheduled until Mar 2016. So, six months between "quarterly" reports?!?!?! "Surely something fishy is afoot" scream the shorters.
I'm assuming that Barcs head honchos had cleared it with the Stock Exchange to delay the posting of results, it's not something that Barcs can just "decide" to do whenever they feel like it. So, if that is so (and it surely is) then the reasons for delaying the Q4 results are known and have been allowed by the SE.
If it was something truely dire as in needing to raise capital through an RI then surely th markets would've called for the suspension of trading on Barcs shares until Barcs had gotten its house in order.
As such I strongly believe that what's happening is purely targetted rumours and speculation to drive down Barcs SP in the environment of still shakey market. As such I doubt that there would be need for an RI.
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