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I've learnt quite a bit from the regular contributors on this forum. Needless to say, no one expects a crystal ball result but I've made a little bit of money from the recommendations on here and gratefully appreciate the viewpoints, thanks!
Kernowtower, I find the published explanations for something so simple, incredibly confusing! Basically to get the dividend, you need to be on the company books when they take a snap shot. This is the record date. The confusing bit is that the ex div date (purchasing on or after this date means you missed the dividend) is normally before the record date, which makes no sense. But i believe its because it takes a couple of days from share purchase to appear on the company books. So the ex div date is all you need to worry about and if you own the shares the day before this date and sell on or after the ex div, then you get paid when the divi payments are made regardless of whether you still own them or not....hence why Mr A points out that a lot of people will be selling today!
I've got a short term punt in at £1.42 (I've also got a bigger amount at £1.20 & £1.81, but I'm saving them for 'when' barclays hits £2.70). I'm all spent so I'm looking to sell off the short term shares soon as well just to stay liquid but not until they hit £1.77. Silly rationale really but I missed the heights of £1.72 just before Boris threw in the towel so since I've waited I want paying. Appreciate we're all fed up with waiting for barclays to return to its fair value, but £1.77 is still cheap and there doesn't seem to be any reason why we're not at £2 today even with current macro events unfolding...I'm a believer so I'm holding strong!
I guess if they consider that inflation is being driven more so by supply chain issues, labour shortage and policy, rather than the cheap supply of money, then turning up the cost of money too much would burden people even more without having an equal impact on reducing inflation. Seems like a bit of a tight rope that needs a slow and steady approach, but if we wait patiently, whilst our fragile economy finds it's footing, it's going to go that way and benefit the long term shareholder.
Of course barc is a buy! I appreciate the current concerns, but mistrust in barc ability to avoid mistakes is nothing new. I personally think the current issue looks a bit embarrasing, but not that big a deal. Is it isolated? It doesnt matter, there will be future mistakes anyway. Are barc competitors managing risk better? Well, probably not, they all make mistakes...they all rotate leaders between themselves therefore largely have the same approach, principles, cultures etc. Barclays ability to churn huge profits is undeniable. With or without penalties, barclays is positioned well. The most recent blip highlights a lack of grip, but they have oversold. In most businesses, selling is considered a good thing. Just doubled my holding
Yeah ive never wrapped my head around this one. As a guess maybe there is a difference between volumes and demand. I.e. if there are tons more buy orders at a slightly lower price than sales orders at higher prices. Not sure if that would do it though...also waiting on a seasoned answer!
Probably just the anticipated year end results... Forecast net profit, driving a forecast eps of 34p should put the share price at about £2.30 based on current ROA discount. But, also the ROA will naturally improve based on the forecasts, putting it at about £2.90. All depends on the risk appetite as to whether it gets near that price anytime soon, but i'd guess the current uptick is solely based on early investors getting in before the results are announced end of feb