Member Info for MrAltruistic

Sigma1, thanks for your update and sharing your strategy. With the imminent ex-dividend date this week, typically but not always guaranteed, the share price tends to drop by the Value of the Dividend on this date. However, with the daily BuyBacks in force will this be the case?

Good Luck My Friend.

A reasonable piece highly centred around the Banks Dividend Policy, value, key dates and future payouts.

The Summary:

Final Takeaway
Is Barclays an attractive dividend stock, or better left on the shelf? Typically, companies that are growing rapidly and paying out a low fraction of earnings are keeping the profits for reinvestment in the business. This strategy can add significant value to shareholders over the long term - as long as it's done without issuing too many new shares. Overall, Barclays looks like a promising dividend stock in this analysis, and we think it would be worth investigating further.

https://simplywall.st/stocks/gb/banks/lse-barc/barclays-shares/news/barclays-plc-lonbarc-passed-our-checks-and-its-about-to-pay

Sigma1 “My auto sell exit is set at 189.” Any change on the chart? Any change with your Sell price? Purely out of interest on both matters.

Hope all is well my friend.

Eastern-investor, 180p+ successfully cleared… next hurdle 188p+ baaa…

Good Eveming MrWolf, I tend to agree with the majority of your points. Definitely looks like a Wave 5 movement to the stock price and those who have some funds short-term (including me) could finally get their reasonable return in the near future. Seeing what I think were share buy-backs lift the price in a flat market today means that I have cancelled my 30 day limit sell order at 186p. As I have mentioned before, whilst I have decent lump for me (averaged at 120p) holding medium to longer term of the last 18 months/2 years I have certainly become a swing trader in this stock. As for the phrase of “ it's time in the market, not timing the market," I’m not so sure at the moment?

All imho please MYOC and GLA.

Morning Saurus,

Or the band played… “we’re on a road to nowhere”

I hope all is well with the family and your pet dog my friend.

Let’s see if they can jump 180p and stay on their feet by close of business.

Good Luck All

Eastern-investor… Ha, ha, ha… on this occasion I believe that courage will be greater than fear and they will jump the fence… and the band played believe it if you like!

All imho please MYOC and GLA

A week following the results and InvestingCube shares it’s thoughts.

The key sentence for me:

“If the price penetrates 178.40 on a closing basis, the 2021 high (of 190.48p) should follow.”

https://www.investingcube.com/can-the-barclays-share-price-clear-2-00-following-h1s-stellar-earnings-shares-barclays/

Bank of England Base Rate decision tomorrow lunch time. whilst i suspect the 'status quo' to remain any clues to the timing of an indicative rate increase will be what the markets will be listening for.

in addition US job redundancy numbers today/tomorrow…

Sunny63, another £5.8m declared as purchased this morning via yesterday’s trading day. The share price really needs to close above £1.80 if the Buybacks are looking to achieve an increase in share price imho. I will see where the shares are come c.o.b. on Friday to confirm the trading range of the rinse and repeat cycle. Hmmmm…?

Good Luck My Friend

Forget my precise calculation… D’oh! still circa a purchase of £5.9m

At the averaged price of 177.6432p, that works out at circa a £5.9m purchase… or £5,919,175.84 to be precise.

Any thoughts towards buying on the dips, should they appear?

All imho please MYOC and GLA

Unlike last quarter, straight out of the traps, no delays to purchase.

Tue, 3rd Aug 2021 07:30

RNS Number : 3245H
Barclays PLC
03 August 2021

3 August 2021

Barclays PLC

Transaction in own shares

Barclays PLC (the "Company") announces that it has purchased for cancellation the following number of its ordinary shares of 25 pence each on the London Stock Exchange from Citigroup Global Markets Limited as part of its buy-back announced on 2 August 2021.

Date of purchase:

2 August 2021

Number of ordinary shares purchased:

3,370,000

Highest price paid per share:

179.2000p

Lowest price paid per share:

175.6800p

Volume weighted average price paid per share:

177.6432p

Ha, ha, ha… I said to the wife, “I bet you bald-eagle has a swipe at Mr Strang tonight”. Looks like I’m better at guessing your behaviour than that of the share price.

No offence meant bald-eagle, made me chuckle again… good luck my friend.

Alistair Strang gives his latest update on the Barclays Share Price.

“Things are starting to look promising, finally, for this share price. We've made a fair bit of noise about the 190p level looking crucially important for the longer term. Finally, it appears to be the case some hope is justified for this irritating level to experience a movement attempt.”

https://www.ii.co.uk/analysis-commentary/chart-looks-promising-barclays-ii520998?utm_source=newsletter&utm_medium=email&utm_campaign=NEW-DLY-ENGAGE-afternoon_round_up_020821%20(1)&utm_content=newsletter&spMailingID=14678329&spUserID=MzU1MTA2OTEwNzY0S0&spJobID=1810365970&spReportId=MTgxMDM2NTk3MAS2

A small but clear piece from IG.com

Summary:
“The declines seen over the course of the past three-months does still remain in play unless we see a rise through the July high of £1.78, yet the fact that the price appears to have topped out at that level does raise the likeliness that this recent pullback is over.”

Further upside through that level would provide greater confidence of such a bullish surge, although ultimately any further downside would simply be deemed a buying opportunity unless the price breaks the £1.29 low established in January

PSK, no official advance date is ever given to the markets to prevent future manipulation. They will happen, when they happen. As proven last time, an announcement will be made on this website by checking on the “Barc Live RNS” icon at the top of this page after they have happened. Typically the morning after the close of before was what was seen.

Good Luck My Friend.

Good to see that the shares continue to make up lost ground today. US Futures looking Positive to the mild side, so a 178p+ finish may be on the cards for short-term gainers? I believe this was a resistance line according to one of the Chartists, so to close above it would be a fresh marker.

All imho please MYOC and GLA

kassam83, good luck with your simple strategy my friend. Genuinely hope it works our for you.