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Good morning all.
I've just swapped from Lloy to Barc mainly due to uncertainty over car finance. Good to be here... so far!
Fundamentals remain strong. Well done all who held and purchased 6 months ago when for some reason (not based on fundamentals) we were at 129p. 50% gain since. Lovely. Plenty more in the tank to keep going rom here.
Once 200p goes, we must be looking at 250s next IMHO
Very strong start could see 2 quid hit today
I’m not so sure on these results - I line with expectations so hopefully open flat !
Great results
Hello.kitty says hold Yoda
https://www.bloomberg.com/news/articles/2024-04-25/barclays-stock-trading-revenue-beats-estimates-buoying-results
Please do your own research as always and always follow FCA guidelines
Not quite as bad as Lloyds but not much better either......
These results were excellent.
Think these results are quite good, NIM is higher than Barclays ... range is a muted response from Mr Market to a move back to 1.90
BUK and IB are all down except US card business increased 4%... topline revenue growth is much weaker than Duetch bank, which just announced the earning an hour or two ago. I'm not sure market response with such poor topline growth.
It seems a beat on EPS 10.3, income £7B, RoTE 12.3%, TNA 335p.
Still in progress reading IB and other details ....
Dumping it's Italian mortgage book. Transaction expected to generate a pre tax loss of €260 million for year ending 2024.
ift.tt/n6iwadk
Q1 EPS estimate 9.3p or 45c/ADR
Q2 EPS estimate 7p
Total income reference points:
Q1 2023 7.24B GBP
Q4 2023 5.6B GBP
Need to see top line yoy and QoQ growth. US investment banks are all doing good. Revenue all went up from last week earning report. Let’s what Barc reports tomorrow morning. US PDT is mid-night.
When ever Barclays has been on a good roll, it always disappoints the markets
Send the share price south
Let's see what happens tomorrow
Good results and we might see over 2 quid tmw.
It is looking good since both lloyds announced today and barclays are up
Any ideas as of yet for results tomorrow ; whats the consensus ??
Thanks
That seems logical to me
I think insurers a good play in this environment maybe banks also
Rates go up good for NIM but can cause issues with defaults/ bad debt and a more limited lending market. Fine balance between increase in profits and tanking either way
Barclay's IS undervalued regardless of which way the interest rate goes.
Please tell me if I am right or wrong
.
Banks make more money when interest rates go up
Therefore a bank is a interest rate hedge.
Right now the supposed reduction in rates seems less likely, so barclays probably undervalued
Happy to be told this is rubbish, I want opinions
Investment banks in USA have just had a better than expected Q1, This would lead me to believe Barclays will have the same out come next week.
Hi All,
My feeling is that this is really quite an important moment. If the basic financials are in line and they can show concrete, if small, steps inline with the strategy, that could be the thing that encourages institutional investors the corner has turned.
Being invested in Barclays over the past years is a bit like following West Ham United (my team) - just when you start to believe it all goes horribly wrong...
If the Institutional lot start to take positions, then I think we could see a steady rise to over 200p.
I would be interested in others thoughts.
Morning Mr A, sorry its been a mental week and I have been trying to keep the kids entertained without the use of a TV haha. Yes I remember your last trade, it was a great one so not easily forgotten. I think when your money isn't on the line you are in a much calmer state, as long as your not desperate to make money in the markets, I guess when day trading you can feel that way when in an out the markets or visa versa.
I've not looked at the charts in a while nor have a done any day trading, life is all about the kids and having fun at the moment, but I do need to get back in front of the screen from May onwards. It's funny after having kids I feel more content and I am not chasing money or things, everything feels good, I think I'll trade better when I get back into day / swing trading just due to this mindset change.
Once I get in on the charts I will surely post as I have seen people as questions from a chart view, but I just haven't had the time. ATB.