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Barclays Share Chat (BARC)



Share Price: 195.70Bid: 195.45Ask: 195.70Change: 0.00 (0.00%)No Movement on Barclays
Spread: 0.25Spread as %: 0.13%Open: 193.50High: 195.70Low: 193.05Yesterday’s Close: 195.70


Share Discussion for Barclays


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boonie
Posts: 813
Off Topic
Opinion:No Opinion
Price:195.70
Barc
Fri 17:53
This article first appeared on SumZero, the world£s largest research community of buyside investment professionals. In some cases Barron£s edits the research for brevity; professional investors can access the full version of this thesis and tens of thousands of others at SumZero.com.

Disclaimer: The author£s fund had a position in this security at the time of posting and may trade in and out of this position without informing the SumZero community.

Barclays trades at a significant discount to book value. Significant costs associated with running down and selling non-core assets and outsized litigation costs have produced low returns and even outright losses in recent periods, largely masking the earnings power of the core franchise.

But while Barclays (ticker: BCS) has struggled coming out of the financial crisis with low returns, good underlying core businesses and returns are just now starting to see the light of day as the clouds of the past slowly recede. Returns moving to and beyond 10% will drive valuations to and above book value and a simple return to book value in the coming years portends a doubling of value.

Until recently, Bank of America (BAC) had been languishing at valuations well below book value beset by legacy conduct costs, low to minimal returns hampered by such legacy costs, and investor perspective that could not or would not see the underlying earnings power being masked by historic headwinds.

Barclays (BCS)
TARGET PRICE: $20.50
INITIAL PRICE: $10.05 Oct. 16
CLOSING PRICE: $10.15 Oct. 18
Like Bank of America a little over a year ago, Barclays today trades at roughly 60% of book value. Its recent annual earnings and returns have been frustratingly low. Legacy fines and costs, low interest rates and a generally anemic banking environment have led to elevated costs and low returns masking the earnings power of its two enduring business: the UK consumer and business bank (Barclays UK); and the transatlantic corporate and investment bank (Barclays International).

If we can look past the elevated costs, headwinds and noise surrounding Barclays today, we stand positioned to earn outsized returns in the coming years as headwinds abate and the bank returns to higher, more normalized returns and a more normalized valuation. Moving just to book value in the coming years would double our money. Moving beyond book value to more historically reasonable valuations would bring yet more in the way of financial rewards.

Since the arrival of Chief Executive Jes Staley in late 2015 after spending more than 30 years at JP Morgan Chase (JPM), Barclays has been on an accelerated restructuring path. The core businesses have posted strong underlying results while many noncore aspects of the business have been sold or run down. While there is still significant work to be done, much has already been accomplished, particularly in reducing and restructuring the myriad of noncore assets and businesses from l
 
Andreaban
Posts: 378
Off Topic
Opinion:No Opinion
Price:195.05
I don't understand red kite..
Fri 13:23
Isn't this normal everyday occurrence in the stock market?

They take up large positions and someone is going to lose.

Did I miss something here?
M1k3y
Posts: 1,444
Research
Opinion:No Opinion
Price:192.00
Barclays sued by hedge fund
Thu 22:39
M1k3y
Posts: 1,444
Research
Opinion:No Opinion
Price:192.00
Barclays sued by hedge fund
Thu 22:38
goldy7
Posts: 2,347
Off Topic
Opinion:No Opinion
Price:192.00
Yahoo finance today
Thu 18:16
Barclays trades at a significant discount to book value. Significant costs associated with running down and selling non-core assets and outsized litigation costs have produced low returns and even outright losses in recent periods, largely masking the earnings power of the core franchise. Returns moving to and beyond 10% will drive valuations to and above book value and a simple return to book value in the coming years portends a doubling of value.
ChrisCambs
Posts: 97
Off Topic
Opinion:No Opinion
Price:192.00
compensation
Thu 17:02
I have received compensation for late payment of my dividends on dumb investor. They only paid based on them not accepting liability of late payment. A long explanation cut short, dumb investor uses a third party company to deposit the dividends and then allocate to dumb investor individual accounts. I just could not get to what is the reason why they would do such a system that result in such delays in receipt of funds. I showed dumb investor Customer Service examples on other accounts from other providers that dividends received same day and no reason for weeks of delay. Compensation has been paid to me and a rather nice hamper sent as well. Actually quite happy with the compensation and complaint process, it took 3 months but Customer Service rep easy to discuss. It is just so sad that dumb investors is such a disaster. I have moved away from them all my holdings. I continue to own BARC shares, they are likely to take a (small) financial hit from this disaster.
rugs
Posts: 2,028
Off Topic
Opinion:No Opinion
Price:191.95
Sage
Thu 09:09
Am still waiting for my ISA transfers to go through to my new provider. This time the whole transfer has been held up/delayed/revised because one of the 50 odd stocks was temporarily suspended (Totally) and thus not included in the initial transfer listing. Never once has Smart Investor ever made a promised phone call about any problem. So I have effectively been blocked from any trading for over 6 weeks, so far.....
sage
Posts: 56,254
Off Topic
Opinion:No Opinion
Price:192.75
barbed
Tue 11:09
agreed!(bottom paragraph!)..I have asked the same simple question to smartinvestor message centre 5 times now and no one has given me an answer.I fail to see why a "smart investor" would deal with morons and expect to pay for it.The service I and others have had from barx lately WE need paying to participate.I noted on a trade sale a while back it took 3 goes to go through..meanwhile the price had fallen! Then they inform me by contract note they have "saved me money"
Yeh ,thanks barcs...Cannot wait to get out but their transfer system is appalling.
barbedwirekiss
Posts: 1,129
Off Topic
Opinion:No Opinion
Price:189.60
One possible upside
Mon 14:27
I've noticed a (small) potential "upside" to the whole ShmuckInvestor car crash. In the last few days I've received a couple of contract notes for the DRIP trades following the payments for DGE and GSK divis (part of my 'long term holding' portfolio). Now comparing the 2017 contract notes with ones from 2016 (when the trades where through the MarketMaster account) I noticed that there is no longer a "commission" charge being made. So that saves a couple of quid a trade. With a few trades a quarter you could actually pay less for running your account while paying the monthly 'tax' to ShmuckInvestor than paying the per-trade commi to MM.

While that ameliorates the sting a bit it still does not pardon the absolute steaming ple of dingos kidneys that the current ShmuckInvestor website offers.

GLA
sage
Posts: 56,254
Off Topic
Opinion:No Opinion
Price:191.25
I mean I`m effectively retired
Sun 11:38
I work when I want,so I can spend lots of time trying to get answers! what on earth busy full time people do ..?must be tearing their hair out!




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