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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 ?
Good morning Mr A' & B'E
Amanda was seen by the BOD back then, as nothing more than a socialising hostess, not a introduction / broker.
Barclays board at the time in question, looked upon her as nothing more than Epstein did with Maxwell lol.
In fact the board at the time were very derogatory of Amanda
Where over these past years she has managed a lot of Arab funds (typing with a painful smirk) and has taken some eye watering commissions. Though in the real world, her court claim / action cast a dark cloud.
Without writing war an peace I will leave you to conclude your own interpretation using a few key words lol.
Barclays, brass, client .
Where as Ed B' was a totally different kettle of fish, where he noticed the money Barclays were throwing at the I.B and wanted to cut back, then credit the books for their next set of results.
Which would have obviously performed like a one trick pony.
Fortunately Mr Staley and John Mac's gamble paid off because its the I.B had started contributing good profits.
Now those two factors have been put aside, it just leaves the matter of gaining ground.
It does appear far less stressful for others entering a Barclays trade now.
Reiterating my own opinion, it look s far better than it did.
Regards W'
I was sort of hoping that Bramson would inject some life (upward momentum) into the SP....the way he tried to do it stinks however but seems to be acceptable (legal). However ultimately it is 'big' people using their money & influence to enrich themselves.
Recently there have been 'short squeezes' where groups of small private investors try to force up a share that has been shorted (costing hedge funds to sell for huge losses)....similarly there are claims that this has been manipulated by a few people (again for profit). Who can you trust nowadays?
It is getting more difficult to tell the 'good' guys from the 'bad'....if we ever really could.
I was sort of hoping that Bramson would inject some life (upward momentum) into the SP....the way he tried to do it stinks however but seems to be acceptable (legal). However it is 'big' people using their money & influence to enrich themselves.
Good Evening bald_eagle, I guess the point I was trying to make with these two characters is that if you entangle yourself within the slippery nest of the Barclays board of vipers then don’t be surprised if you get bitten on the ar$e!
The background for both of these two events is out there to be understood by all and I guess we can all arrive at our own thoughts and conclusions?
Mine being that neither of these two individuals are “victims” in any sense of the word and will receive no sympathy from me whatsoever. Ultimately they were both personally trying to significantly benefit from riches that you and I can only ever imagine by trying to exploit and/or manufacture a situation with the Barclays Share price through their own assertive behaviours.
This differs significantly to me of trying to benefit of a positive return from the Barclays Share price in a purely passive manner to it’s market movement.
While the recent past CEO’s and indeed present have all “proven” to be anything but trustworthy and receive little praise from me, the one crumb of comfort I have is that both of these individuals tried to financially manipulate Barclays via pure greed only to return with empty plates. Enjoy!
All imho please MYOC and GLA.
Please keep posting my friend.
Good Evening MrWolf, experience beats enthusiasm every time in my book… certainly as I have learned from my own trials and tribulations over the years. Not sure how much the geo-political affects of the Afghanistan situation, over the weekend especially, will have on the markets and for how long but I don’t think they will be anything but negative? If Barclays can hold their own until Friday then this would be a start for my short term gamble monies. Here’s hoping.
Good Luck my Friend.
"As for Amanda Staveley and Edward Bramson, both tarred with the same brush i.m.h.o. i'm afraid. Ultimately they both tried to get richer off the back of Barclays and thankfully both had to swallow their pride, post their falls."
========================================================
I'm not sure I know the exact stories behind those two people but weren't they attempting slightly different things?....apart from trying to enrich themselves by dealing with BARC (but we all are 'presumably' also trying that!)
Wasn't Bramson trying to get onto the BARC board to change policy & increase returns for investors (albeit in a bullying way). Staveley I thought was involved in the murky deal with the arabs to secure funds during the financial crisis to shore up the business....didn't she demand a ludicrous payment for her 'help' & BARC told her where to go.
Very shady backroom deals where people are promised lots for their silence...typical BARC. God I love them, they ain't boring. Is it true that Donald Trump is going to be the next CEO?!? (joke)
Please correct any false or simplistic assumptions.
Mr Altruistic, good afternoon to you too sir.
Totally concur with your strategy, its long gone the days when people could solely look for a technical signal.
When you could look a the screen on a 15 min chart wait ing for a RSi signature correlate a perfect bull flag, them days were just screen porn lol.
Since 2017 the 200 / wk has been acting as resistance and now its looking a totally different scenario panning out.
Would not worry if your finger does decide to claim profit next week, the great thing with Bank shares atm , you can more or less get back in the action within a matter of days .
Every time I close a position I always think to myself that, any profit is better than no profit.
Then usually spend the next hour suffering from FOMO
Though this next couple of weeks should give us some clarity of strength or weakness , as this area is a very sticky one to push through.
Heres to next weeks equity market playing fair, cable being kind and the @r5e not falling out the indi's.
With the obvious wish of the week ending on a higher, high.
Enjoy the weekend
Absolutely....Barclays and dare I say it the banks are back!
***if Barclays could close circa 186.50p today to match or improve WEDNESDAY'S pre ex-div price, then that would be a very good week in my mind.
Good Afternoon MrWolf,
I understand that the U.S. 10 year treasury bond, with it's fixed rate interest payable every 6 months, currently circa 1.32% becomes a safe haven for some, but with inflation in play I struggle to understand the continued popularity. I suspect these low rates are part reason of the continued growth of the U.S. Stock indices? i.e. in general, better returns have been gained from stocks rather than 'safe haven' bonds.
As for Amanda Staveley and Edward Bramson, both tarred with the same brush i.m.h.o. i'm afraid. Ultimately they both tried to get richer off the back of Barclays and thankfully both had to swallow their pride, post their falls. I do look at the technicals but from a 'light touch'perspective. Personally, I think you can have too much information at times and that it just muddies the waters and confuses a binary decision of Buy or Sell. I continue to enjoy, read and listen to the Chartists point of view as a general steer rather than religiously following their guidance as from my perspective, their 'finacial weather forecasting' has helped me make decisions to avoiding significant losses as well as confirming my past banked profits .
The Dow Jones futures currently look 2/10ths to the upside, tiny, but upside none the less. With that in mond, if Barclays could close circa 186.50p today to match or improve Tuesday's pre ex-div price, then that would be a very good week in my mind. The trend and momentum remains positive, the only question is for how long. My medium to long lerm 'lump' can remain as is but my trigger finger is getting itch for my short term 'lump'.
All I.M.H.O. and please M.Y.O.C.
Good Luck My Friend!
BARC is getting really good low price for the share buy back. With more shares out of register, the dividend pay out will be increased in the future. I guess people investing in banks are for the dividends mainly , including pension funds and individuals
Nice to see the price is still positive even on a ex dividend day.
Mr Altruistic, good morning sir.
Yes indeed, its really good to enjoy some positive ground for once.
Taking all obvious factors into account eg FTSE/DOW, NAS, Cable, and the elephant in room the "Good ole US T Bond" ect
Oh and lets not forget Amanda's expensive campaign for acting as QATAR's pimp lol , while Ed's backed off too.
Leaves me with far more confidence than I had whilst this was floating close to the fan.
Judging by your comments , you also trust the technical's before speculation, though it doesn't hurt to pay attention to both these days.
It is also a pleasure to read other's other input on here too, despite being linked into the "wire' myself I dont always catch every article. So it pays to look on here and notice stuff I had missed.
Hindsight is a wonderful thought, just around post crash a decent poster on here, claimed Barclays would only spend the next decade being a £1 & £2 share , never the less he got heckled into the ground, whilst here we are 12 yrs later !
So not for the sake of greed, more of hope. It will be such a relief to actually witness market confidence return to Barclays .
Out of all the retail banks, Barcs have dragged it long term share holders through the grinder a few times , we cant always get the losing cards dealt, surely.
Heres to the 'worm turning'
Regards W' & GLA
Analysts at Bank of America reiterated their ‘buy’ recommendation and 225.0p target price shares of Barclays telling clients that the lender had demonstrated its balance sheet strength and its commitment to investing in the business.
https://www.sharecast.com/news/broker-recommendations/bank-of-america-stays-at-buy-on-barclays-eyes-increased-capital-returns--8061323.html
Good Evening MrWolf,
“Don't shoot the messenger but it seems we will have another adjustment before we crack through this current ceiling.” I don’t doubt you for a second, tomorrow is the first “test” for me. Will it lose the circa 2p Dividend Value off it’s price or will it jump the 188p fence with the help of BuyBacks?
The trouble with all Bank Stocks (sweeping statement) at the moment is that there seems to be individual stories in the background holding back their individual prices. Examples can be supplied on demand. The latest I read in the last few days as possible negative for all Banks was the FT headline of “UK Banks face block on High Street closures”.
I also sense some profit taking is imminently due as the FTSE100 has reached New Highs today and the DOW Jones is also at all time highs. None the less, I remain positive short term certainly until 30th September/ end of Q3. As for what the next set of results for Barclays will return, not a clue! The date for everyone’s calendar for the Q3 Results are Thursday 21st October.
All imho please MYOC and GLA.
Mr Altruistic, yes I like to keep one eye on the DMA's too. Especially the 200 as its been a solid wall for Barcs these past years.
Don't shoot the messenger but it seems we will have another adjustment before we crack through this current ceiling.
Though considering buy backs and institutional positive support, im sure well do fine once the dust settles.
Cant wait for the pace to pick back up, always slow this time of the year.
Regards W'
Hi Boonie, trust you have been keeping well.
Jeff's anals do like to punt the figures lol its nearly a decade since I see a £3 next to a Barclays share .
Just hope Mrs Wolf doesn't read their ratings or she will start being nice to me again !
Regards W'
Hmm... this is a interesting questions and here is what I think. The main income for a bank for many years has been the difference between interest rates given to savers and received back from borrowers. Until this improves I think UK and European banks will have a problem getting to there true valuation.
Yes Barclays has a investment bank but try explaining that to Joe public. I think as far as Joe public are concerned Barclays is just another bank that makes it's money from lending.
I think we are already seeing some reflection of this as Barclays has already reached its pre-covid levels whereas Lloyds and Natwest are still substantially down on their pre-covid position which suggests they are the preferred play in the sector. I think when sentiment towards the sector improves generally, as it hopefully will if covid risk recedes, Barclays will be best placed to benefit from it. I'm staying long.
So , two key questions, Is the current rise de to the buy backs or a change in sentiment ? Will we ever get over 190p ? I know that is like asking if Liverpool will ever win the Premiership again but hey , it's an interesting question as once again we draw near.
Barclays PLC (LON:BARC) stock is about to trade ex-dividend in two days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Meaning, you will need to purchase Barclays' shares before the 12th of August to receive the dividend, which will be paid on the 17th of September.
The company's upcoming dividend is UK£0.02 a share, following on from the last 12 months, when the company distributed a total of UK£0.04 per share to shareholders. Based on the last year's worth of payments, Barclays has a trailing yield of 2.2% on the current stock price of £1.8266. If you buy this business for its dividend, you should have an idea of whether Barclays's dividend is reliable and sustainable. We need to see whether the dividend is covered by earnings and if it's growing.
Check out our latest analysis for Barclays
Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. Barclays paid out just 11% of its profit last year, which we think is conservatively low and leaves plenty of margin for unexpected circumstances.
Companies that pay out less in dividends than they earn in profits generally have more sustainable dividends. The lower the payout ratio, the more wiggle room the business has before it could be forced to cut the dividend.
Have Earnings And Dividends Been Growing?
Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. It's encouraging to see Barclays has grown its earnings rapidly, up 32% a year for the past five years.
The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. It looks like the Barclays dividends are largely the same as they were 10 years ago.
The Bottom Line
Is Barclays worth buying for its dividend? Typically, companies that are growing rapidly and paying out a low fraction of earnings are keeping the profits for reinvestment in the business. This strategy can add significant value to shareholders over the long term - as long as it's done without issuing too many new shares. Overall, Barclays looks like a promising dividend stock in this analysis, and we think it would be worth investigating further.
With that in mind, a critical part of thorough stock research is being aware of any risks that stock currently faces. We've identified 2 warning signs with Barclays (at least 1 which is concerning), and understanding these should be part of your investment process
bald_eagle, ha, ha, ha… agreed. That said, in this crazy world I guess everything has a possibility but in this case I wouldn’t expect the probability to be anything more than single figure percentages.
All imho please MYOC and GLA.
If you bought decent quality stocks just after the pandemic who are paying dividends now (Barc, BATS, BAE, AV., LGEN, etc) then you bought in real low. hang tight, you will make real money over the years to come.
boonie, thanks for the link. Just one word of ‘warning’ to the uninitiated… Jefferies have a habit of being somewhat excessively Bullish on their recommendations.
Good Luck my Friend.