Member Info for MrAltruistic

Evening All,

I hope everyone is well. Just a quick stop whilst passing through.

As per title, the running order of the major UK Banks reporting this quarter.

Tue 28 Apr 26 Barclays

Wed 29 Apr 26 Lloyds

Thu 30 Apr 26 Standard Chartered

Fri 1 May 26 Nat West

Tue 5 May 26 HSBC

Hope this of assistance to at least one person?

Regards, Mr A

Evening All,

I hope that everyone is well.

“Learn from your trades” was the mantra of my former Manager and mentor. For my latest trade I have learnt… that I was somewhat late to join the party… and also somewhat late to leave.

Despite me fighting the basics of chartist theory with plenty of earlier signals for me to sell-up, and also ignoring and applying various of my own stop-losses… (you fool!) Yes… I got greedy and finally left the game with my “final stop-loss value”, albeit with a somewhat very heavy heart and a sour taste in the mouth… even after returning with a £6.5k tax free net profit. But as my Accountant says, “no such thing as a bad profit”.

Anyway… all in the rearview mirror now.

Another day… another potential future short-term trade.

Many thanks for the very kind words from the known posters… and similarly a thank-you to all the unknown “thumbs up” posters.

@Angeleyee1 best of luck with your strategy🤞🏻

@Rumpel I’ll be back, just can’t say when. Wife is happy now the cruise has been booked today 😇

@TRYYOURBEST Her indoors sends her regards to you. I hope your red price returns to black/blue sooner rather than later. 📈

@razzledaz Make sure you look after your Barclays “flock” and beware of those electric fences. Yes… spot on, I’ll wait for the contents of the snow globe to settle and then reassess for a potential trading position. Good Luck My Friend 🐑

@MrWolf So good of you to make the time pop your head through the curtains like Eric Morecambe and then share your latest updates in the style of Ronnie Corbett… Love it 🤣 With no offence meant or implied, it’s somewhat reassuring to see that even the most seasoned of investors can also make the odd banana slip 🍌I sincerely hope that you get the opportunity to offload those sausage rolls rather than get your fingers burnt. Still managed to laugh out loud with your Strait of Hormuz quip. God Bless and Love to you and the other half 🤗

And finally… It would appear that “Risk-off Friday” will pay us all another visit tomorrow… whether invited or not.

Can I wish each and every one of you every success with your own trading strategy during these crazy times.

Good Luck and God Bless.

Regards, Mr A

Afternoon All,

I hope everyone is well.

Just a quick one from me. I will post my message of thanks later this evening, for those that took the time out to wish me well, when I get home from work and will have finally booked the annual cruise with/for my lady wife with my "winnings"! 😁

Far from fear mongering and/or bear mongering but Mark Cudmore from Bloomberg is rarely wrong in relation to market calls. His timing may sometimes be slightly off... but his "direction of travel" tends to be spot on.

I have included his daily three minute update of this morning via a link below which i believe is truly worth watching and listening too.

"Q: Mark, is there still too much in your view, in terms of the equity markets? Is there complacency (within the equity markets) around the energy shock and the inflationary impacts of the conflict in the Middle east?

A: Completely! I thinks it's going to get a lot worse for stock markets before the weekend."

The snow globe is about to be shook... who knows where the floor and ceiling will be?

Good Luck All.

Regards, Mr A

https://www.bloomberg.com/news/videos/2026-03-05/stocks-are-the-asset-class-that-s-wrong-3-minutes-mliv-video

Morning All,

Just got out, big style, at 418.476p.

With a somewhat heavy heart, unbelievably, my stop loss was triggered at 9.03am to sell my entire holding of 43,500 shares at 418.476p.

A circa £6.5k net return over a 4 month timescale after all costs on buy/sell transactions.

Will now watch from the sidelines and with some transparency will probably not be posting much unless i decide to get back in.

I stress this is NOT a recommendation or guidance.

Please undertake your own research.

Thanks to all contributors for their input, feedback and recommendations 👍🏻

Good Luck and God Bless All.

Regards, Mr A

Evening All,

Once you have clicked on the following link: https://www.tipranks.com/stocks/gb:barc/stock-analysis move your mouse pointer to the right-hand side of the screen towards “Select Model” and “click” on the drop down triangle 🔻then you can see 6 “A.I. Opinions”.

I won’t give any spoiler alerts as to the results... but I’m genuinely not sure what to think?

Any responses welcome.

Regards, Mr A

Evening @Rookie1

Glad to hear that some luck and profit has returned your way. Long may it continue for one and all. 🤞🏻

Agreed, unless something crazy happens, I can't see either 437p or indeed 558p showing their face anytime soon. But what do I know?

I'm still looking to pull my parachute cord with three potential price points to bail pencilled in but not yet decided/activated by me. My price points are 486p, 497p and 508p, purely on the basis that each of these price points returns Net round profit values to me and fully correspond to the future Chartist line. I purposefully didn't take advantage over the last few weeks to Sell as I believed positive momentum and positive news would continue the share price gallop. AI Scares are not something that Chartist Theory takes into account... as far as I know.

In the current climate I believe that "something special" needs to happen for the markets to "reward" a share price, rather than what is "expected" by the market i.e. as per HSBC's turnaround via their profits announced yesterday and their circa 8% upwards reward. Needless to say that the Barclays share price gallop, short term at least, has somewhat stalled.

Good Luck My Friend and One and All.

Tally-ho! 🏇🏻

Regards, Mr A

MFS, which has an office in London’s Mayfair neighbourhood and employs more than 100 people, offered “complex, property-backed lending” to customers including short-term debts known as bridging loans, according to a March 31, 2025 statement on its website. The firm had amassed a loan book of £2.5 billion, that statement shows.

To fund this business, MFS borrowed from Wall Street lenders across a group of related companies. MFS operated as the so-called servicer for this group, collecting payments on the mortgages.

Two firms within the group, Zircon Bridging Ltd. and Amber Bridging Ltd., moved to place MFS into administration this week, making multiple allegations of mismanagement, according to a filing from those proceedings. Those companies, which have themselves gone into administration, had made about £1 billion in bridge loans combined at the end of 2024, according to their annual financial reports.

“There is evidence of serious irregularities,” according to Zircon and Amber’s court filing. Their priority is that MFS “is placed under the control of independent officeholders as soon as possible.”

Zircon and Amber alleged that MFS “has not been paying the collections” from mortgages “into the correct bank account,” according to the filing. They also claim that there “appears to be a significant shortfall” in their collateral.

“The shortfalls of collections that should have been placed in the relevant accounts may amount to” £238 million for the two firms combined, according to their claim.

Castlelake, a private-credit firm, arranged a lending facility for MFS that has about £400 million outstanding, one of the people said. While Castlelake kept some of the loan, the rest was syndicated out to other lenders, the person said.

Minneapolis-based Castlelake “participates in a fully-secured mortgage portfolio that was serviced by” MFS, a spokesperson said in an emailed statement. “We do not have direct unsecured exposure to MFS.”

A group of “leading global institutional investors” had supported MFS, according to its March 2025 statement. The firm secured £1.3 billion in “new institutional funding to support increased lending demand,” adding to existing lines of funding from its backers of £1.1 billion, according to its annual accounts for 2024.

A Bloomberg investigation in 2024 showed that a group of firms tied to Raja — including MFS and Zircon — lent money in relation to dozens of property deals linked to Saifuzzaman Chowdhury, a former land minister in Bangladesh. Chowdhury had amassed a real estate portfolio of more than 350 properties worth about £200 million, Bloomberg reported at the time.

https://www.bloomberg.com/news/articles/2026-02-26/barclays-atlas-among-firms-exposed-to-collapsed-uk-lender-mfs?embedded-checkout=true

Barclays Among Firms Exposed to Failed UK Lender MFS

By Constantine Courcoulas and Donal Griffin

February 26, 2026 at 3:52 PM

Barclays Plc and Atlas SP Partners helped arrange more than £2 billion of loans to UK mortgage-finance company Market Financial Solutions Ltd, which has collapsed amid allegations of financial irregularities.

The collapse of MFS could add to concerns over loose underwriting in credit markets, with lenders including Jefferies Financial Group Inc, Banco Santander SA, Wells Fargo & Co, and Castlelake LP exposed to the company.

MFS had amassed a loan book of £2.5 billion and offered "complex, property-backed lending" to customers, but is now facing allegations of fraud and double-pledging of assets, with a judge citing accusations of serious irregularities.

Barclays Plc and Atlas SP Partners are among Wall Street firms that helped arrange more than £2 billion ($2.7 billion) of loans to a UK mortgage-finance company that has unravelled amid allegations of financial irregularities.

Market Financial Solutions Ltd., or MFS, collapsed into a UK form of insolvency on Wednesday 25th February with the judge overseeing the case citing accusations of fraud and double-pledging of assets. Barclays and Atlas, the structured-credit arm of Apollo Global Management Inc., each lent hundreds of millions of dollars.

Jefferies Financial Group Inc., Banco Santander SA, Wells Fargo & Co. and Castlelake LP are also among the lenders, according to people familiar with the matter.

The unravelling of MFS could add to concerns over loose underwriting in credit markets. Last year, the bankruptcies of US auto parts supplier First Brands Group and sub-prime auto lender Tricolor Holdings unsettled Wall Street. JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said Monday that some of his rivals are doing “dumb things” to boost returns, reminding him of the years leading up to the 2008 financial crisis.

Barclays had about £600 million tied up in the matter, the judge said at the hearing. An Atlas spokesperson confirmed its involvement as a senior creditor and said the firm is “pursuing all legal avenues to maximize recoveries” on £400 million of exposure.

Jefferies’ exposure to MFS is about £100 million, a person familiar with the matter said. The New York-based firm was among the backers of First Brands, which went bankrupt last year while its founder Patrick James was charged with fraud in January.

Shares in Barclays, Apollo and Jefferies all fell on the news.

Spokespeople for Barclays, Santander, Wells Fargo and Jefferies declined to comment.

Barclays also operated bank accounts for MFS. The London-based bank froze those accounts in recent weeks, the people said.

Paresh Raja, founder and owner of MFS, didn’t respond to a request for comment made through his LinkedIn profile. A spokesperson for AlixPartners, the firm overseeing the administration, declined to comment.

Evening All,

This piece is definitely worth reading from Bloomberg.

Again, for the benefit of all Members, I have used a Paywall Remover to allow me to copy and paste the full piece that was released at approximately 3.52pm this afternoon and will post it as follow up messages accordingly.

The bottom line is that "Barclays had about £600 million tied up in the matter".

Worst case scenario should be whether this potential lost/bad debt of £600m taken has already been into account with the current share price? I'm sure we'll all find out tomorrow?

Regards, Mr A

Evening All,

The latest thoughts from Zacks Investment Research with the caveat and understanding that their views are based on/with the perspective of the Barclays ADR's (American Depository Receipts) traded on the New York Stock Exchange.

Worth the quick read.

Regards, Mr A

https://www.zacks.com/stock/news/2876108/will-realignment-efforts-enhance-barclays-financial-strength#:~:text=Despite%20a%20volatile%20operating%20environment,stronger%20performance%20across%20priority%20segments.

👏🏻👏🏻👏🏻 Well said @MCMLXVII a.k.a.1967

Regards, Mr A

Morning All,

Particularly quiet on the news front at the moment... which may not be a bad thing?

A quick read which sits somewhere between need to know and nice to know. Still worth a read i.m.h.o.

Regards, Mr A

https://www.investcentre.co.uk/articles/why-uk-bank-shares-have-soared-recent-years

Evening All,

Bank of England Governor Andrew Bailey appeared before Parliament’s Treasury Committee at 2:15 p.m. London time on Tuesday, February 24, 2026, to discuss the February Monetary Policy Report.

Key details from the session included:

• Rate Cut Outlook: Bailey stated that a March interest rate cut is a "genuinely open question," noting that while headline inflation is expected to drop to 2% in the spring, he needs further evidence on services inflation to feel confident about cutting rates from 3.75%.

• Inflation Forecast: He suggested that a return to the 2% inflation target in the spring is "pretty much baked-in".

• Productivity & Labour: Bailey observed signs of a productivity revival, or "dishoarding" of labour, as firms lay off excess staff, suggesting this could boost productivity.

• Attendees: Bailey was joined by fellow Monetary Policy Committee (MPC) members, including Megan Greene, Professor Alan Taylor, and Chief Economist Huw Pill.

The session was held in the Grimond Room, Portcullis House, to provide oral evidence on the Bank’s latest Monetary Policy Reports.

Regards, Mr A

Evening All,

The three weekly update from the Chartist of Alistair Strang.

"It is currently the case that weakness below 459p threatens to trigger reversal to an initial 437p with our secondary, if broken, at 393p and a very hopeful bounce. We’re painfully aware such a ridiculous secondary target is dangerously close to our danger level of 389p.

However, from a current perspective, we suspect movement above 487p should be useful, ideally triggering a cycle of further gains to an initial 529p with our secondary, if bettered, at 558p, a price level at which we now anticipate some hesitation. While the Big Picture places the share on a theoretical cycle to 704p, we shall be quite nervous if it ever makes it above 558p."

Regards, Mr A

https://www.ii.co.uk/analysis-commentary/barclays-and-path-new-highs-ii538214?utm_source=sfmc&utm_medium=email&utm_campaign=DailyNewsletterCanvi+-+Purple+Background&utm_id=352778&sfmc_id=8534279

Evening All,

"The AI scare trade continues to hit a broad range of sectors, but one fund manager believes it’s not felt this opportunistic since the Covid crash. City writer Graeme Evans (from Interactive Investor) reports.

Barclays fell (intraday) 7.3p to 455.7p, which compares with 486p (the day) prior to the results-day presentation (just 2 weeks ago) of a three-year plan to return at least £15 billion via dividends and share buybacks."

Whilst a general review of the market for yesterday, still worth a read.

Regards, Mr A

https://www.ii.co.uk/analysis-commentary/opportunities-uk-banks-relx-and-rentokil-slide-ii538241?utm_source=sfmc&utm_medium=email&utm_campaign=DailyNewsletterCanvi+-+Purple+Background&utm_id=353541&sfmc_id=8534279

Evening All,

Ever gone to bed only to find a disaster in the morning? Let's hope the Mango Mussolini doesn't make more crazy announcements during his anticipated 90 minutes of bumbling, rambling, blatant boasts and complete and utter lies to rattle the markets in the morning. Breath now held! 🤬

When and where will the State of the Union Address speech be held?

The address is scheduled to start at 21:00 EST (Eastern Standard Time) 02:00am GMT (Greenwich Mean Time) on Tuesday 24th February 2026.

It is typically held in the House of Representatives chamber in the US Capitol building in Washington DC.

Seated behind the president during his speech will be Vice-President JD Vance, who is the head of the US Senate, and Speaker of the House Mike Johnson, a Republican and the top lawmaker in the House.

Where can the speech be watched?

The State of the Union will be streamed live on the BBC News TV channel and BBC's website with special coverage starting at 20:00 EST / 01:00am GMT.

It will also be shown on all major US networks.

Regards, Mr A

Evening All,

Well said @Showmethemoneyyy Good to see that, even with differing views, Congratulations can be given to others on this board.

Well played @Rookie1 Hopefully you are "back in the groove" now?

Regards, Mr A

Nvidia's next earnings report is this Wednesday 25th February and this could send the shares either way this week... depending on how the market views it's latest update.

Regards, Mr A

Good Afternoon @Rookie1

I hope you are well my friend.

I suspect that this will give him the "reason" to start a war with Iran?

A Classic "Weapons of Mass Distraction" ploy... make sure everyone is talking about anything but Epstein or the U.S Affordability Crisis.

As always, time will make things clearer.

Regards Mr A

Wall Street reacts positively after Supreme Court strikes down Trump's tariffs

published at 15:20

15:20

Breaking

Wall Street has responded quickly and positively to the court's ruling.

Here is how the main indexes are performing currently:

The S&P 500 index is up 0.45%

Dow Jones is up 0.07%

Nasdaq is 0.42%

It is still very early in the day for trading in New York. We'll be watching how markets react throughout the day.