Barclays Share Price (BARC)

Their pillar 3 report will have the composition of their capital. The overriding problem with Barc is the IB is capital hungry, has huge costs and historically generated very little return. Having worked there everyone wanted on in the cushty numbers that was the IB The rest of the bank effectively subsidises the IB.

Might be some tier 2 capital. I've not looked most of their capital are either shareholder funds or retained earnings.

Might be some tier 2 capital. I've not looked most of their capital are either shareholder funds or retained earnings.

Do people hear long enough knowing what rest book values are. TNAV is just above 50B pound (335p per share). Goodwill is pretty clear 7B pound. What are “other” 14B pound assets are? It runs rather constant based on Barclays release from IR website.

Nearly all US banks PB are running above 1. But Barclays are more measured by TNAV. There are a large discrepancy between TNAV and total book value.

My take is more so on the US and the housing market jayk. I think the exact same mistakes are being made as they were in 2008.

The money printing propping the US up is just getting rediculous, currency’s are becoming worthless imo.

Most brics nations are de dolarising as a total lack of trust in the currency and are moving to gold instead in case of a collapse, hence China buying gold for 17 months straight and continues all time highs for the metal.

I have family in the US and I’ve just got back a few weeks ago,they can spend money, I watch how they pull equity out of their houses so easily and go buy the latest pick ups/boats/ jet skis. They have everything leveraged up to the hills and once it pulls back I think it’s going to be a real mess again.

Admittedly it’s Not as bad here but I see the help to buys and the 5% deposit mortgages etc, it’s only a matter of time until there’s 100% mortgages creeping in,There’s absolutely no room for pull backs again.

Just my opinion, i remember saying this over a year ago when it was last at £2 and everyone was saying this was a new breakout then, i bottled it and closed my short at a tiny profit and watched it plummet to my £1.50 target! Typical!