Member Info for kassam83

Should have been

Lloyds are not the only ones to diverse into rental, Legal and General are already do the same, and I have also read that John Lewis have plans to build apartments/flats on top of existing stores.

People don't pay their rent and trash the house, as with any rental property there is a chance of that happening. And If people do not pay their rent, they simply get evicted. People take out loans and can't repay them back, no difference really. As with any business these days, there is always some element of risk involved. Lloyds are the only ones to diverse into rental, Legal and General are already do the same, and I have also read that John Lewis have plans to build apartments/flats on top existing stores.

freeposter

I guess you can call it debt, it is a portfolio of credit card customers who own GAP branded credit cards. Seems like a lot money for it

Barclays to Acquire $3.8 Billion US Credit Card Portfolio...

What does everyone think?

My understanding is if a company declares a final dividend and it has has been approved by the board, it can not be cancelled, company is obliged to pay it. I don't see that happening tho.

Mr A

Well my plans have always been long term. I bought into banking stocks after the financial crash and slowly been accumulating over the years. I considered these as more of a pension fund paying a good retirement income.

Holding a fair bit in Lloyds and some in NWG, need to starting building my NWG stake up

Thanks Mr A

Disappointing close

anyone confirm the closing price....its only showing a 2% increase on HL

No real fireworks, dropping now

Hate to be a pessimist, but Barclays always seems to disappoint come results. Would not surprise me at all if this slumps tomorrow.

Mr A
How well do u think Barc would have done?

Q1 was 2.4 billion. Is it to ambitious to expect 5 billion....

How much divi do you reckon?

Profit is what investors like....profits equal dividends....which equals happy investors like myself

Southcoastbather

The last paragraph in the article sums it up nicely.

“In terms of actual trading, income fell and costs rose, with the inevitable effect of a worsening cost/income ratio, up to 61 per cent from 52 per cent the previous year. These factors have led to some investor disappointment in early trade.”

Don't be counting on Barclays, they will certainly be the first to disappoint, they always do.

Lloyds the biggest faller among the banking sector. It's normally Barclays.

Boonie yes 5p divi, just like the last time, 1p back to shareholders and 4p in buybacks, robbing thieves hahaha, any chance to shaft us shareholders.

Sorry Longtime, should have made it a little more clearer.

What does everyone think on what sort of divi we can expect?

Interim divi which is normally paid in September and announced when half year results are released. In 2019 the Interim divi paid was 1.12p.

What does everyone think on the interim divi?

What does everyone think on the dividend we can expect? Interim divi in 2019 was 3p. Can we expect the same or even higher?