Member Info for Elgrebe

With more vaccines coming and quick turn around testing, hopefully the banking stocks are thru the worst of the Covid crisis now, I see 1.25 -1.35 for a while until Brexit is sorted then when divis are restored it will rise up - I'm a LTH holder in Barc bought more in on the lows since March with an average of 1.05 so it's looking good to me...... all in IMO :)

With more vaccines coming and quick turn around testing, hopefully the travel & travel related stocks are thru the worst of the Covid crisis now, I had to pick some of these up today at around 90p for a LTH. Possibly short term volatility but for a long term punt it's looking good to me. No return to pre dilution highs but it will do okay...... IMO :)

The Sunday Times had an article saying regulators are considering plans to allow banks to restart dividends again next year as part of a deal to boost lending and support the economy..... A bit a of contradiction? Time will tell but when there is a whiff in the air of the divi being restored BARC will rise strongly. IMO.

When the SP rises the bulls tend to post.....when the SP drops the bears tend to post. Human nature I suppose. 14.6% is I believe the best number in the results, it should see us thru the possible tumultuous times ahead. IMO.

This could have been a lot worse I suppose - a good buffer zone of 14% and still £1.27 billion pre tax profit after one of the worst financial shocks in history.... No great surprise to the market or the SP would have plummeted to well under a quid.

A bad week to release good results......

I agree, the waiting game it will be.... we have the Covid economic problem, the turbulence of leaving the EU at the end of the year and deteriorating relations with China, unfortunately all these things will effect Barc..... I hope - if these shares have been bought for a pension that you are not an octogenarian or you might run out of time :) The dust will settle....These will come good in the end but some ups and downs before we see it realise the SP that will reflect the true value of Barc. All IMO.

When there is a whiff in the air that the divi is going to be restored, these will rise higher....until then it 's the 1.10 - 1.20 scenario. These will look like a good buy under 1.20 when that happens. Maybe it will go to 1.30 -1.40 without the divi - if good news comes in.
Patience.... Patience.... good things come to those who wait. I hope :). IMO.

Slipped back under 1.20, not too bad considering the dire economic news this week for the UK economy, I agree long term this is a good bet, but I can't see the SP over 1.40 until the divi is partially or fully restored, as we've seen recently there is strong momentum for Barc to rise but with a NDB a real possibility I think it will hold Barc down for a few months, when Covid is beaten, a trade deal agreed with the EU and better news regarding the economic outlook and the divi fully restored under 1.20 will have been a good entry price. When furlough ends and businesses face the harsh economic environment Covid and the lock down has created, more bad news will effect the SP. By the end of 2021 things will be on the mend and Barcs will be on it's way to it's true value. All IMO of course.

A rock, no movements up or down.....the SP didn't plummet in the CV19 crisis so it has no where to rebound to. Long term hopefully it will come good Covid ain't over yet. IMO.

I'm a LTH in Barc, even I'm thinking of cashing in the shares I bought under a quid and banking the 30+% profit (pardon the pun). If a second wave does come (September in my view is when it could occur) will it be localised lock downs or the full monty like last time? A NDB is already priced in.... IMO.

With no divi, global recession and COVID still very much on the agenda has the rise been overdone, great to see it but is sustainable? Surely Barc can't rise further than this?

Whoops..... wrong BB. Apologies :)

With no divi, global recession and COVID still very much on the agenda has the rise been overdone, great to see it but is sustainable? Surely Barc can't rise further than this?

Took the plunge and got in at the seventies and low eighties have done alright so far..... Can this hold up?? Barc seems to have taken news like a possible no deal Brexit (no surprise really as it was probably priced in even at 1.80 and has been a possibility for four years) and other uncertainties in its stride. Maybe a dip under 1.20 tomorrow as the weekend approaches. For the long term holders it's always good to see the SP up and holding steady.

Holding up very well, maybe 125 - 130 by Friday is possible.... can sentiment have changed for some of the banks??

Time will tell :)

Thanks for the informative post, always good to know the background workings and costs. I will try to be more upbeat on the SP for Tesco.....maybe the last couple of months have got to me :).

For great share price gains, I have been in Tesco for six years and the SP has barely moved, I bought @ 1.94 & 2.24 in 2014. But it has held up really well and has done a great job for the country over the COVID crisis - so NO complaints. I look at it as a slow growth steady place for a few quid long term which will hopefully follow the market upwards. Home deliveries may be great for the community but I believe they are done at loss to the business as all the supermarkets make no money from them including the much hailed Ocado, correct me if I'm wrong? all IMO.

Of the last few days, really good news, not much of drop at the end of the day which is a good sign that some big money is buying into Barc while they are still low. If there is a second wave, the initial shock of the pandemic is over. Lock down measures are slowly being eased. Surely the SP will slide back under 1.20 benchmark at some point. When the divi gets restored I'm sure we will see the other side of 1.40.....Bad economic news will rock the boat but there will be a time when 1.20 looks a very cheap buy for this bank. All IMO.

I don't think brokers can call it any more accurately than any one else....why would they? Things happen all the time that are not expected, markets move in ways that are not expected, the best thing is to make up your own mind and use your judgement and then at least you only have yourself to blame when it goes wrong. Some forecasts make an interesting read though. All IMO.