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Bald Eagle, exactly my point.
Its far become 'champagne dreams and lemonade pockets' and jobs for the boy's culture.
Only need to look at Bojo to realise that !
.......... But we like to pretend we set the moral standard whilst kowtowing to dictators (if it is in the national interest)
Totally agree.
"What happened to the U.K having any self dignity or patriots"
==============================================================
Wolfy, to some extent it's realpolitiks. We no longer have a big stick to threaten people with....oh, I forgot about the two aircraft carriers which are really big sitting targets. But we like to pretend we set the moral standard whilst kowtowing to dictators (if it is in the national interest).
Hi CrunchyNuts
When I see the name of HSBC, the only picture that pops into my head is that of, Cartel money in suitcases being marched in to their South American branches. Six, eight , dozens at a time !
Im very surprised the Director of that, truthful and very depictive film 'Made in America' which starred Tom Cruise. Highly recommend to anyone who has not seen it yet ?
Though it is even more appreciative in film context if you have the time to read 'Killing Pablo / Mark Bowden' prior to watching it .
Your point being HSBC were amongst the top offenders , sadly they were just average on the scale of institutional, financial corruption / blood money. This certainly isn't the place to rattle on a name all of the serial offenders .
Regards W'
Please excuse the many spelling mistakes & typo's as I am trying to type and trade at the same time lol
Good Morning Bald Eagle
Yes the whole affair was really messy, most like to think that life is all about Fluffy white clouds and cute little bunnies.
So much media coverage is heavily censored, when it comes to the Arabs, Saudi's have no respect for anyone, but themselves.
Take Khashoggi for example . . . Does anyone apart from his wife still fight for justice for him ? Don't see Johnson or Biden or that worm Macron demanding sanctions ?
Only thing I recall was seeing him turn up to the leaders meeting and getting 'High 5/ off Putin !
Lie after lie were fed across until Bin Fish Face threw a token of about 20 staff under the bus, a luxury bus that is.
How about the incident in 2018 when the some of the same people involved in the hideous murder of Jamal, stood outside a very busy Harrods. Tried to attack another Saudi activist / Mr Dosari' and shouted out publicly in arabic " We are not bothered about your Queen, she is a *****, she is like a dog to us !"
Where upon Jeremy Hunt at the time said in the House of Commons: “We recognise the incident"
Recognise ! FFS 's why weren't they escorted to the nearest plane, booted out of the U.K and banned for life ?
What happened to the U.K having any self dignity or patriots , if you or I tried pulling a stunt like that on their turf . . . well anyone with half a brain only has to watch what they did to Jamal, to answer that one aye.
QATAR and Bin Fish Face I believe have now kissed and made up , though at what cost ?
Being 100% honest as I have stood up at AGM's and told the board clearly and concisely , "This is a dog of a share of a share"
Sadly Barclays left a very nasty taste in many serious investors mouths.
Moving on, what are your thoughts about this current situation ?
My outlook is still very positive, Bond markets are due to pick up soon, maybe 3/4 weeks and Fed's tapering down before start to load in 0.75 / 1%.
Equity / yield curve rising nicely too, so we should be in for a nice few months ahead .
Makes me chuckle when I keep hearing 'buy the dip"
Regards W'
If you want shady, you need to look at HSBC. Now they are leaders in that game!
Wolfy, thanks for the background on Qatar/BARC/Libya deal. I didn't realise it was such a tangled web.
Barclays has a history of mixing business with politics. I suppose it can be quite profitable. Although some of the characters they get into bed with (in the past) don't seem very 'nice'. But I suppose they are bankers not saints....I wonder if Barclays have big plans for Afghanistan now?!
They would be nice ranges to work with. It doesn't feel out of the question just sense that any bad news will see a great big drop and back to square one. Will keep an open mind for now and may buy some more on the dips. Got a decent holding already but flirted with one or two other shares as of late too, some very successfully some not so much. Part of the game. Good luck!
Hi Cuban cigar
Still sticking with my original rig.
Posted this back on the 7th July / So I'll throw my 2 pennies worth in and hope for 184 to light up soon, paving the way into 192 /208.
My B' chart still has the 185.44 into 192.66 to eat through yet though.
Ha. Loads of optimism or not as the case may be. I'll make a note of those numbers though! If we win, no more Barclays shares :-)
On a side note what are we looking at in terms of the resistance levels?
Jezmaster, they haven't come up in all the years Ive done them, most ive ever got back was £10.
Barclays shares and playing the lotto all these years, never won more than a tenner, just about sums me up lol
Wish you the best of luck if you do the lotto Saturday .
You'll have to buy those numbers in case they actually come.up
Sods law.
I'll tell you if can tell me the lottery numbers this Saturday
My prediction for Saturdays number are 09 12 15 27 36 48 lol
Regarding the SP this week, lots of people sell off and wait for a re entry, when the it hits resistance levels.
It appears we are currently waiting for this last correction and its off to the races.
DYOR but im not concerned and look forward to us moving back up.
It looks far more positive than negative atm put it that way, 'Chuckle'
If you win the lotto Saturday, dont forget who suggested the numbers !
Good Luck
Morning Bald Eagle
Yes they did , though it was more the case of the scene out of the Italian Job, Barclays doors nearly ended up all over Churchill Place if it was not for strong but squeaky hinges lol. ( Where the Italian job van got blown across QPR stadium ground)
Without me having to do a impression of Salmon Rushdy every time my doorbell goes.
Barclays borrowing off QATAR went far, far deeper than a cheeky "Delboy Diamnond Deal"
. . .Pre bank crash Blair was shaking hands with Gaddafi and he was offering to stop floods of Africans flooding into Europe, while QATAR was trying to covert Tripoli as it had a free hall pass, as RAF used its land for strategic manoeuvres.
The same time the NATO was trying to divide an conquer , the CIA &UK mercenaries were trying their best to prevent Tripoli having a 'golden D' currency backed with its own resources, because Gaddaffi smelt a few rats.
QATAR of which were funding their own IS lamic fighters . . . all causing carnage & civil war.
So who I wonder who had given QATAR an open door into the UK markets, good ole Barclays among a few others.
When Barclays took funding off QATAR it not only was a big middle finger to the U.K treasury, who would have claimed direct control over the Bank, just like they did with the others . It was adding taking the edge off the double edged sword the UK was waving around at the time.
Lets not even mention human rights, just that Barclays saved their own backsides whilst making QATAR a massive a profit.
Which I dare bet IMO also shorted the stock the time they off loaded , because lets face it, who wouldn't have.
Lets face the truth , Barclays prevented the treasury getting its grip on all the banks and whilst at the same time made QATAR a fortune. Deceived and swindled all its current share holders and spent the next decade crippling us all with court battles .
Needless to say some big money did not like what Barclays did, most of these large funded city based funds do not accumulate their wealth , just starting with a paper round !
Its common knowledge lots of investors boycott certain companies because their own political strategy.
Since dodgy Bobs departure Barclays long term share holders have been left to carry the brunt.
Institutional investors always say DYOR before investing in any company, sadly Barclays was a complete shake down racket when Bob was involved .
Regards W
What's everyone's thoughts on the SP from here? After a little run seems to have hit a wall again
Good morning Mr Altruistic
Fortunately im not daft enough to post non factual comments that the Barclays trio had already not alleged themselves.
Once a document has been gone on court record, its official.
So if my back's covered as only making a derogatory quote
Few years back I was having a discussion which A' from the old investor platform up north.
During the conversation I mentioned that someone had posted some personal information on a certain forum, which he replied that one of his staff had read the same post whilst commuting into work.
LSE admin wiped them messages needless to say, few times over the years admin have pulled messages , mostly nuisance users abusing one and other though.
Anyhow heres to the last correction before we dig in, paws crossed.
Regards W'
They are generating profits….massive profits, all this achieved while interest rates remain rock bottom. So as a shareholder it’s a win win situation
Barclays found another way to keep the doors open (& on their hinges) during the banking crisis. I can see the argument from both sides - although I don't know the full facts tbh, Barclays should have declared the facts about the Arab money (although they were 'unusual' times) BUT the British taxpayer wasn't asked to bail them out (Barclays found another possibly 'almost' legal way to get the cash).
I agree....Lloyds & RBS we are not!
Unfortunately all these slightly shady back room deals set the tone & the standard for Barclays staff to follow....leading to years (decades!?) of lawsuits & compensation. Hopefully....hopefully, those dark days are behind Barclays and they can concentrate on the boring stuff of generating profits to pay lots of nice dividends instead of acting like some dictator led rogue state where any crazy idea is sanctioned for a short term gain....but leading to long term pain & humiliation.
For cancellation.
All helps.
Barclays took decisive action to save the bank and not rely on a Government/ tax payers bailout.
Barclays were successful …..Lloyds & RBS we’re not
Good Morning MrWolf, sad to say that free speech appears to be more constrained than ever? Very sad. Anyway, let’s hope that today shows some positive movement today?
All imho please MYOC and GLA
For some reason LSE see fit to try and decipher my comments, regarding any liable and possible defamation of certain party.
Which it is very apparent everything was concise as possible, not a snip of the court extraction files presented to the high Courts .
Back when us tax payers fronted a £9m court fee, when The Serious Fraud Office tried pinning Jenkins( R not A) Kolaris and Boath.
All because they offered QATAR massive discounted shares price, which was not offered to us, the actual share holders !
After 5 months of bun fighting, at the tax payers and share holders expense, the judge decided that it "Was not in the public's interest to convict"
When actually the real truth of the matter was , that the SFA was about to be defunded and was trying to prove its worth, whilst if they had made a conviction then other heads would also have ended up in front of the judges in similar cases.
Basically a huge can of worms was about to get opened and they all knew it.
If the SFA had won a conviction against Barclays, it would have opened up a wave of claims , not just Amanda's alleged introduction "bung"
Where upon the exact timing could have had massive implications on Barclays books, there was a lot going on behind the scenes , just like Deutsche Bank was encountering with their business structure.
At the time that case a had massive implications for the the bank.
So once again the share holders ended up suffering with the reflections in the value of the sp.
Whilst Jez was throwing the kitchen sink at the IB and hoping something would stick, credit given where its due, it did and is paying off.
Funny how not one official wishes to hold Mr Bailey accountable for a "fraudulent / lies" that cost, not only RBS staff and private share holders at least 50% of their holdings . Which also conflicts with his current job title disclosure , which he FAILED to mention when accepting the position at the BOE !
You honestly could not write this if it was for a channel 4 comedy sketch.
So it leaves us all with the phrase "nothing to see here, move on"
GLA
Good Evening LeeRex, I think on the whole this board’s members are a pretty respectful bunch. We don’t always necessarily agree, but unlike the Lloyds Board, we can actually agree to disagree without being rude, aggressive, disruptive and down right nasty. I agree that i.m.h.o there remains some further upside in the Barclays share price, to what level and within what timescale are the two key questions that I wish I knew the answers too. If they can jump the hurdles of closing above 188p then the infamous 190p level then £2.00 should/could follow. However, the only reasons I can presently see for the the first two numbers to be cleared are purely the assistance of BuyBacks and a continued upsurge in the economy. I’m struggling to see much further positive news at the end of the tunnel.
All imho please MYOC and Good Luck my Friend.
Now they have reappeared. Lol.
Very strange…
Hi all,
I post rarely, although strangely seems pleasant when I do..
Maybe it's due to the fact LLOY's Board is so vile, it seems to attract more negativity and aggression than most boards on here.
Anyway... I have a minor holding of 861 Shares still in my little pot, left over from dwindling down my holding. I'm In 2 Minds how I feel about BARC, thought of exiting completely if it touches 190, also thought about topping up if it hits the low 170's again, just to small play trade..
I'm unsure of, actually I'm even doubtful of much more upside to BARC... Another 20 / 25% and it's pre-covid levels, 20% gains with considerably HIGH RISK ( IMO ), is not worth the topping up..
I wish everyone well here.. I thought I'd be out of here by now, I suppose still a little sentimental, or at least peeved at not clawing back some losses ?