Hi Jack, so very correct as per usual, lol We just need the FCA of backs of Barclays, interest rate hike, not a fall. When Jiz claims to clear all the dead wood, non profit core and most of all without a shadow of doubt, "give us back a decent sod**ng dividend" They are just playing with us P.I's money, regarding being out of banks shares post triggering Article999 lol That delirious ole witch "May" as well put a "Snub Nosed Revolver" to the head of our economy as she aint showing much of a leader, if she was a primary school teacher, the kids would have her in tears. Personally get Ole Boris in the job, least he can rugby tackle 5 years olds lol Jack, nice to catch, must dash as I still need 25 hours in a day lol Once again B.O.L chap
Hi Bobsbank, Thanks & you're welcome. Glad it's been of interest to holders. Mind you, I recall Staley also being highly optimistic previously, despite as we know BARC being a global investment bank, which means it's exposed to a number of variables & risks it can't control. These macro-factors are prone to frequent change.
As you say, it's an interesting interview, but one also wonders how much of it is now being priced in by the market. A kind of "buy the rumour, sell the news", scenario. Hard to be sure. But here's hoping for a VG outcome next week! - Regards.
Hi MrWolf, Hope you're doing well. Maybe you're wise re the SBs.
Cumulatively, well in profit here! Lots of SBs, too. Real shares in BARC: 164+, 204+ & 223+. LLOY's 3 buys, ALL in profit again. Will settle some next week, maybe before results. Others for L/T. That way I hedge my bets. Book guaranteed gains, let the rest ride. If it retraces, I buy back cheaper. If not, I'm still fine.
No more SBs here from me, as risk to reward ratio is no longer as clear-cut as it was lower down. Patience is key.
I agree with you in general: plenty of economic challenges ahead & they're bound to impact banking. Banks can boost margins by cost-cutting for so long.
Main goal for me: exit ALL banks at overall gain before Brexit triggered. Still n course for that. - Regards & GL.
Hi jack,well spotted,excellent news,have to say somewhat surprised a CEO,especially Barclays pre-emptying next weeks results and priming markets,still its great to have some good news,Thankyou for your welcome post.
Hi CB, Thanks & let's hope so. But I'm also mindful that markets are often irrational & sentiment can play havoc. We've seen ample evidence of that recently & many times before.
I'm still holding lots of real shares here, but may settle my 164+ buy before results if it spikes up. Yet to decide. The profit is too good to let slip. That'll do me & I'd still have 2 tranches left for higher, if it gets there. Regards & GL.
Hi there J.D. Hope this day finds you in profit / more profit lol Ole Jiz is getting a "Ronnie P 2 chins" must be his tax free profit he is looking forward too in another 12 months. Haven't been posting on here of late, basically its becoming "Handbags at dawn" reading most days. Stopped spread betting myself after Brexit as its nothing about data, more about the algorithms software, set by the by boys. Its getting so tight to trade, border line a gamble and not a data trade anymore. Though you are correct in "Ole Jiz em" being up beat, though he knows the crack and is just riding a wave of cost cutting. We all know this will retrace fast if the main index gets hit. Each day I try to work out how on earth this country has such a low rate of interest.Its getting beyond a "Bubble" Ole Carnage will have no option once hyper inflation kicks in . . . that when it hits the fan and we will see a rise in share price. Cant wait to see another 3% min on the rate, my neighbours cant afford 1% at the moment. Any how, just logged on for a quick catch up chap, be lucky. Will give the ftse a little bit more head room, then set a long awaited short.
Also a hi to all other other regulars "Balls deep waiting for £3+" BOL
Thanks for the link - very upbeat! and they're making market share in the US! Thinks that the EU access can be circumnavigated without too much disruption!! Needs to tell this to Phillip Hammond! No core business shed by next year perhaps divi restored one year on - this could be back to 250 in the spring! - ;))
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