RE: RE: BARC BACK TO MARCH 2020 LOWEST PRICE 73P?11 Apr 2022 22:09
o borrow a political phrase, Barclays appears to be in the throes of the longest suicide note in history.
No end to the bad news, if it's not malfeasance it's misfeasance. They forgot to check headroom on the US shelf programme and oversold VXX SNs...what is this, the school bring and buy sale?
Just when you think what else could possibly happen, they find a way. This level of incompetence makes for a weak investment thesis to say the least, and the dividend is sub-par. Add the serious agent-principal problem that has existed since the days of Bob Diamond, and lack of attention to detail - it's not an investible firm any longer