RE: Daily Mail Report12 Oct 2021 18:03
Yes Bald_eagle, I have no reason to disagree with your sentiments, those were similar my own at a previous time.
In 2019 I was looking forward to the final dividend that was cancelled by government, but how confident can we be with the decisiveness and competence of the present government or any replacement?
Pre the financial crisis I sold shares like Unilever, who it is said are presently in difficulties, to buy BARC when their share prices were the similar, BARC cost a bit more. Not comparable now. BARC said all was well and their quarterly dividend was something like 10p and the final 20p. Just come across a valuation for BARC of 23/01/2015 with market price of 234.15 and from your figures and mine there has been a total of 25p in dividends since then.
I'd love to have your present confidence and not to have had my past experience and in all honesty, hope you are correct in your beliefs and expectations. I think it's more than 12 years since going into loss with BARC and each time I bought more, my losses increased. Twice when the share price went above 189 during the previous buy-back I sold most of my holdings and bought back as the price retracted with just one mistake, buying back too soon. So I'm still in at a set maximum number and if they continue to go up at the present rate I'll hold on. If they don't it will be decision time.
Good luck.