The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
*Costings
Should be 14th June once JLP agree on the coatings.
Anyone read this yet it was out on 4/06/18
Wonder if this is the same Irish loan book being bought from Lloyds.... https://uk.reuters.com/article/uk-lloyds-bank-uk-ireland-mortgages-barc/barclays-to-sell-on-4-billion-irish-loan-book-as-mortgage-securitisation-returns-idUKKCN1IJ1EB?il=0
Barclays underestimates corporate raider Edward Bramson at its peril, a boss once ousted by the predator has warned. Rodger Booth was pushed out his job as chairman of 4imprint in 2003 by Bramson. A seller of promotional products to businesses such as pens and mugs with a company logo on, 4imprint was targeted by Bramson 15 years ago after falls in its share price. Booth recalled how the New Yorker mounted his raid from an office with barely any furniture in London, rented solely for the purpose. It led to a vote of shareholders at which Booth was kicked out and then replaced by Bramson, who appointed new managers and drew up a new strategy. The firm is now worth more than 21 times what it was then. Bramson�s staff met Barclays� investor relations team after its annual results and asked questions about the business. Sounds quite promising, lets hope he can actually double the share price where Mcfarlene has failed
Activist investor Ed Bramson steps up campaign to force Barclays shake-up https://uk.finance.yahoo.com/news/activist-investor-ed-bramson-steps-200000930.html
If the investment bank was to be disposed off. It would be hard to see growth from the retail operations. As with Lloyds who have had to acquire MBNA to bolster earnings and also looking to push more into pensions and insurance business. What could Barc do on the retail front? With Bransom now on board I think his intentions will be to break up and sell the investment banking division.
Buyback on preference shares. Does anyone know the current rate being paid on these shares? Seems like Bransom is having a effect, Staley has now said he wants to reward long suffering shareholders...lets hope he sticks to his words.
https://www.theguardian.com/business/2018/mar/24/barclays-ed-bramson-sweat-biggest-bet-yet
https://www.telegraph.co.uk/business/2018/03/24/barclays-set-fight-break-up-attempts/