Member Info for MrAltruistic

Morning eastern_investor,

I see a rise to 160p then following Venkat’s media prepared announcement the Royal Blue Budgie will fall off its perch on to its cage grit paper and back to 150p…

Good Luck my Friend.

Regards, MrA

Good Evening MrWolf and all,

"...cleared 2.5% profit." Excellent return for a few minutes trading. Well Done Sir!

"...if i'm honest I did think you had a bit left in the tank". Yep, with hindsight perhaps not the brightest idea to apply a trailing stop Sell Order on Base Rate Announcement Day... D'oh!

"...Just hoping this budgie has legs next week and lifts us through our ole friend the 200." Normal expectations for this stock are that a rally is seen up until circa 5-7 days before Full Year results day, so the 200 day moving average (the technical signal that a reversal has occurred) may indeed be in sight.

"...she likes a cruise does Mrs W' once took her on a canal trip for half hour up the Grand Union." I quite literally spit my coffee out with laughter to that one... Well Done! ha, ha, ha...

"...I much preferred watching Sally James pointing to camera (without using her hands) on a Sat mornings when Chris and Lenny kept throwing water over her t shirt." Yes... a couple of reasons she was popular! I used to flip between the two each week. Trevor McDoughnut, the Phantom Flan Flingers and of course... back to Simon and Garfunkel and Matthew Butler's cover version... Classic! https://www.youtube.com/watch?v=IwmTAtLCmxM

Good Luck All. Regards MrA

Morning JayK, please don't encourage her, that's £3k gone already! Excluding spending money...

Agreed, short term a couple of interest rate drops should help with some uplift. But imho, NIM will reduce, FICC similarly, will M&A's see an uplift? Will new IPO's see an uplift? Too much political interference here with UK Banks being asked to attend meetings at short notice.

Clearly the UK government has made no secret of suggesting it will sell it's stake in Nat West BEFORE the 2024 election hoping to sweeten the public to purchase stock and make some profits which may also add to momentum and focus on the 'forgotten' Uk Banks?

Bottom line is the whole UK Banking Sector needs a re-rating, the question is what will need to happen for the positive re-rating to occur?

"Send your answer send on a postcards to: Multi-Coloured Swap Shop, BBCtv Centre, London W12 8QT"... i think MrWolf might appreciate that one? It might fly over the heads of the youngsters?

Good Luck to You and Your Clan, my Friend.

Regards, MrA

Razzledaz, thanks for your kind words. Timing is not an exact science, and it is something we all aim to do better with. I got in a little too late and out a little too early but are happy just to be there, or thereabouts, with the direction of travel and return with some profit. All within my ISA and Tax Free!

I think as MrWolf, and perhaps a few others may have mentioned, and I totally agree with, that this stock seems to be highly manipulated... more than ever at the moment. Erratic Volume levels, chunkier 4p+ jumps either way.

Maybe it's my memory playing tricks but i have never known this stock to have a 4p variance from it's daily high to daily low on so many occasions?

Hence, i set my trailing stop with a minimum -3.5p differential Sell Order from a 150p starting price hoping for more upside but not expecting the downside to be triggered so early.

Still remain to be convinced otherwise that Venkat is a competent CEO. Having overheard some Barclays Staff on my recent Train Journey say... "... I suspect he's there because of Diversity rather than Ability?" Who knows?

What i do know is that:

No news on the Virgin Money Credit Balance Book purchases...

No news on the Metro Bank Debt Book purchases...

Leaked News that we are struggling in selling our UK Market Leader Volume Payment Services business...

Not shaping up positively to me for a Business Strategy Update? Needs to pull more than a rabbit out of the hat to get this share price moving... let alone survive in my eyes.

To repeat, looking for a re-entry point.

My only question is will the share price be above or below 150p at close of Business on Tuesday 20th February? Place your bets!

Good Luck my Friend, Regards, MrA

Good Luck my Friend.

Morning All,

Even with the breaking news of "Barclays shifts focus to buyout firms for UK payments business sale", this till refuses to break and hold above 150p.

https://www.reuters.com/markets/deals/barclays-shifts-focus-buyout-firms-uk-payments-business-sale-sources-2024-02-01/

The 20th Feb FY Results and strategy need to be something special to move this stock. If the announcements disappoint (would you bet against this?) then i can see the stock going down and i will be "curtain twitching once again" for a "rinse and repeat" short term stock purchase.

For Information Purposes Only: The wife has already booked a week cruise in July from the proceeds of my sale yesterday!!!

Good Luck All, Regards MrA

Thanks LWHL,

Now i'm "out" like a wolf i'm looking to see an opportunity to get back "in".

Good Luck my Friend.

Regards, MrA

Warsaw,

Thanks for your kind message.

As I think Warren Buffet said "“The first rule of investment is don't lose (money). The second rule of investment is don't forget the first rule."

It peaked at circa 156p in January, then got 'spooked' by the USA inflation report clawed it's way back to 150p but has then struggled to set 150p as it's new floor.

On the sidelines and watching for now but always looking for a re-entry point with my simple strategy of a short term circa 10% return.

Good Luck All.

Regards, MrA

Morning All,

My stop-loss a.k.a trailing stop with a minimum -3.5p differential Sell Order has been activated in the last 25 minutes.

01.02.24 75,300 Shares Sold at 146.6326p = £110,414.35 (Excluding Fees)

26.10.23 75,300 Shares Bought at 132.5582p. = £ 99,816.32 (Excluding Stamp Duty and Fees)

Gross Profit £10,598 .03

Net Profit £10,084.95 After Stamp Duty and Fees

Happy with my circa 10% Return over a circa 3 month period.

Not a form of advice, guidance, encouragement or persuasion for anyone else to follow.

Please make your own choice and decision and undertake your own research.

Good Luck All!

Regards MrA

Evening MrWolf, hope all is well with your good self and ‘her indoors’.

Just to say that you now have me playing Simon and Garfunkel’s greatest hits via YouTube! And a wonderful associated story has just popped up which is well worth a listen, namely: https://youtu.be/zrBWrv5zho0?si=9NNNDvKyNJav6CLp

Anyway, back on track in respect of the Royal Blue Budgie, I have reactivated my stop-loss a.k.a trailing stop with a minimum -3.5p differential. From A negative point of view If we should have another negative shock, then based on today’s close I will get my target 10% return. From a positive point of view, if the share climbs then I can fully track the upside with my -3.5p differential. My gut still tells me to eject no later than 14th Feb.

Regards , MrA

...and see where we are in 2 weeks time? Higher or Lower than 145p? So lets see where we are on Thursday 25th January.

And where did the price finish? 145.38p! 😂

Ever played roulette and the silver ball lands on zero?

Good Luck All,

Regards, MrA

Morning All,

Will we see three consecutive days of upwards movement by clos3 of business?

Mon 22 Jan 24 Closed Up (almost) 4p at 144.94p

Tue 23 Jan 24 Closed Up (almost) 2p at 146.78p

In this game of snakes and ladders I would be more than happy to see another circa 2p daily rise 🤞🏻

Good Luck All,

Regards MrA

Time will make things clearer.

Regards, MrA

https://www.proactiveinvestors.co.uk/companies/news/1039165/barclays-strategy-update-to-spark-overdue-re-rating-suggests-us-bank-1039165.html

A classic case of shrinking to “greatness”?

The more I read, the more I sense disappointment on 29th Feb 24.

Regards, MrA

https://www.fnlondon.com/articles/barclays-to-shrink-investment-banks-share-of-business-ceo-says-20240119

The shareholders are still in the red over that time.

Well worth a read imho.

Regards, MrA

https://simplywall.st/stocks/gb/banks/lse-barc/barclays-shares/news/the-one-year-underlying-earnings-growth-at-barclays-lonbarc

Https://www.proactiveinvestors.co.uk/companies/news/1039059/barclays-downgraded-ahead-of-results-on-investment-bank-concerns-1039059.html#:~:text=Barclays%20has%20received%20an%20earnings,p%20and%208.2p%20respectively.

… from broker Shore Capital ahead of its full-year results on 20 February.

The broker has kept its 'buy' recommendation but chopped its earnings and dividend expectations by 9% to 27.2p and 8.2p respectively.

https://www.google.com/search?q=from+broker+Shore+Capital+ahead+of+its+full-year+results+on+20+February.%0A%0AThe+broker+has+kept+its+%27buy%27+recommendation+but+chopped+its+earnings+and+dividend+expectations+by+9%25+to+27.2p+and+8.2p+respectively.&rlz=1C9BKJA_enGB1048GB1048&hl=en-GB&sourceid=chrome-mobile&ie=UTF-8

Regards, MrA

...and see where we are in 2 weeks time? Higher or Lower than 145p? So lets see where we are on Thursday 25th January.

Morning All,

I won't hold class register and greet you all individually but hope everyone is well?

A good start to the morning, up a full 4p as I type at this very early stage, with the huge caveat that there is a long way to go today, let alone the week.

Thursday's ECB Bank Rate announcement is yet to come The comments that led to the ECB decision to be announced and forward thoughts may be the more interesting than the anticipated No Rate Change announcement?

As per my email title, let's see if this stock can claw it's way back and stay over 145p by close of Business Thursday.

Good Luck All, Regards MrA

Totally Underwhelming imho! Media trained repetitive responses with no new news, hints or suggestions. All the warmth and appeal of a wet kipper.

For the record here is the link, just bear in mind that you will have to move the slider back by the appropriate amount of minutes from the current time to circa 6.45am

https://www.youtube.com/live/iyOq8DhaMYw?si=0iqsqpnOaLz7zY4q

Regards, MrA

At circa 6.45am on Thursday 18th January 2023.

Apologies for the late notice.

Regards, MrA

Afternoon All,

Another Good Kicking today. Even if UK Inflation is better than expected tomorrow it has to be something spectacular to get the price jumping more than 2.5p in my world?

let's see where we are this time tomorrow?

Good Luck All. Regards MrA