Member Info for MrAltruistic

eastern_investor, Hallelujah!!! It looks like one has jumped the fence ad the pack have followed? Grazing and resting overnight… very pleasing. Next fence in the adjacent farmer field 200p+

All imho please MYOC and GLA.

razzledaz, I hope you are well. Good Luck my Friend.

As per the title, broker Berenberg rates NatWest and Barclays as First and Second respectively as investment choices.

https://www.proactiveinvestors.co.uk/companies/news/962133/natwest-the-best-bet-currently-among-uk-banks-says-broker-962133.html

This appears to be a recycled pitch sold to Yahoo on behalf of Zacks Equity Research… no, me neither?

Worth a 2 minute read imho please MYOC and GLA.

https://finance.yahoo.com/news/barclays-bcs-stock-stands-strong-120612471.html

Not sure there is anything new here from Alistair, but in his usual Chartist Style, he gives both side of the coin, with a continued sprinkling of hope. His views may help you arrive at your own view as to the short term direction of travel on this stock? Or maybe not?

https://www.ii.co.uk/analysis-commentary/chart-analysis-barclays-shares-and-chinese-yuan-ii521550?utm_source=&utm_medium=email&utm_campaign=NEW-DLY-ENGAGE-afternoon_round_up_041021%20(1)&utm_content=&spMailingID=15600157&spUserID=MzU1MTA2OTEwNzY0S0&spJobID=1850642478&spReportId=MTg1MDY0MjQ3OAS2

Q3 Results Calendar Dates

Barclays Thu 21 Oct
HSBC Mon 25 Oct
Standard Chartered Wed 26 Oct
Lloyds Thu 28 Oct
NatWest (RBS) Thu 28 Oct

I’m glad to say that Barclays are first out of traps again, setting the agenda rather than following it imho.

Good Evening LeeRex, many thanks for your kind words. As I have mentioned on a few occasions now, as you can see on here, on the whole we are a relatively respectful bunch with a mix of views. Unlike the Lloyds Board which in my view has become highly aggressive and somewhat toxic.

There are some great posters on here, some who post weekly and some who are only occasional. But all are welcome. IMHO we are at a genuine crossroads here. Some feel the share price may fall in the weeks to come some feel a positive breakout is likely. You pays your money and you takes your choice.

I just wish more posters from the silent majority could chip in a little more to share their views, ideally with a rationale of why they believe that they are a Sell, Hold or Buy.

Good Luck my Friend.

Again, a post from over the pond with a relevance… it lists dates of some of the other Broker views within the same piece.

“ Jefferies Financial Group boosted their Q3 2021 earnings per share (EPS) estimates for Barclays in a research note issued on Thursday, September 30th. Jefferies Financial Group analyst J. Dickerson now forecasts that the financial services provider will post earnings of $0.49 per share for the quarter, up from their prior estimate of $0.44.”

https://www.marketbeat.com/instant-alerts/nyse-bcs-analyst-earnings-estimates-2021-10/

Finished at 189.60p then? With the DOW Jones currently Down circa 400 points as I type, tomorrow doesn’t look too Positive at the moment… but who know? That’s the “joy” of the Stock Market know one truly knows what will happen, including me.

From my own perspective, I will wait to see if there are any upcoming significant dips and make my choice thereafter.

All imho please MYOC and GLA.

Let’s see when the farmer closes his gate at 4.30pm whether he let’s the sheep graze at this altitude at 190p+ or reverts back to type i.e. “Get off my Land!”.

Good Luck All

eastern _investor, rofl… I hope the farmer hasn’t planted any land mines??? Especially not the USA debt default type?

Good Luck All

saurus, classic line… made me laugh!

eastern_investor, precariously close to 190p… nose of the sheep is close to the wire. Is today the day that the sheep jumps the fence and makes it to the promised land?

Good Luck My Friend

I have shared this link purely because it mentions another small (by Barclays terms) lawsuit that has come out of the woodwork in the last week or so. As for their prediction for October 2021,I’ll let you reflect and respond if necessary. Hardly “Mystic Meg”!

Summary:

“ Barclays Share Price Outlook

The daily chart shows that the Barclays share price has been on a rebound for the past week. At the time of writing, it was trading higher at 188p. It is moving above the 25-day and 50-day exponential moving averages, which is usually considered a bullish sign.

Therefore, the BARC stock price is likely to extend its bullish outlook in the upcoming month. If this happens, the next logical target will be the key resistance level at 190.90p.”

https://a3musiconline.com/shares/barclays-share-price-forecast-for-october-2021/

LeeRex, genuinely sorry to hear that this stock did not return any real profits for you.

Good Luck for the future my friend.

This piece is clearly from a U.S. perspective but on the basis stock movements of the U.S. ADR’s and the UK shares are intrinsically linked means there is some relevance….

https://www.forbes.com/sites/greatspeculations/2021/09/27/barclays-stock-has-a-15-upside/?sh=20dc32c87ca2

BARC Overview
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, rest of Europe, the Americas, Africa, the Middle East, and Asia.

About the company

REWARDS:

1. Trading at 20.8% below our estimate of its fair value.
2. Earnings grew by 328.3% over the past year.

RISK ANALYSIS:

1. Earnings are forecast to decline by an average of 6.5% per year for the next 3 years.
2. Unstable dividend track record.

Summary:

“ What Might The Insider Transactions At Barclays Tell Us?

It is good to see recent purchasing. However, the longer term transactions are not so encouraging. While recent transactions indicate confidence in Barclays, insiders don't own enough of the company to overcome our cautiousness about the longer term transactions. In short they are likely aligned with shareholders. While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. Every company has risks, and we've spotted 2 warning signs for Barclays (of which 1 is a bit unpleasant!) you should know about.”

https://simplywall.st/stocks/gb/banks/lse-barc/barclays-shares/news/group-ceo-executive-director-james-staley-just-bought-29-mor

bald_eagle, the “snap” back was somewhat predictable, as I suspect you have already insinuated. Not a huge amount of Barclays “news” knocking about at the moment. I will scout around over the next day or two and post anything I believe may be of interest.I hope you are well my friend?

eastern_investor, if it does not clear the fence in the run up to the Q3 Results or within a few days thereafter then i am consigned to believe that sadly it may not happen during 2021?

I hope you are staring at profits? God luck my friend.