RE: Barclays’ diversity gives bank resilience in the face of adversity27 Oct 2022 15:11
Good afternoon Mr A
Good post / link, cheers as I didn't see that flag up.
Yes exactly how I see Barclays set up atm, they have and been held back over the past years, speculation, presumptive fines, Ole Ed B lurking in the background, Stavely and her oilie consortium associates (No one likes to be outed in the high courts / publicity for being known as a common brass / introducer) and thats basically her background, most of her introductions were in west end hotel rooms lol.
So my conclusion is it will not be long before the newbie city kids, who think investing pension funds in FANG is the only way forward. will wake up and realise now that the free money tap is getting turned off, they will have to turn to old school investing.
Where at these prices, Barclays will become a creeper share. . . wether or not the skeptics like it or not, it wont be long before they wake up and smell the coffee.
Without irrelevant name dropping Ive had the very same discussion with a very well known B's face in the past, who was very intrigued as to how and why I was building short on Deutsche Bank at the time.
Informing me (Barclays team of anals) were working on DB themselves, more of a concern was the structure of DB's investment strategy, which was very much in line with Barclays format back then.
There was not much difference between the two banks at the time.
The discussion was actually based on us agreeing, that Barclays low share price was in fact, was only and could only be down to institutional sentiment and that Barclays were changing 50% their income structure, un like Deutsche Bank.
Barclays is not a 2 cent Wall Street bank, yet such a proportion of income is generated across the pond, yet the US banks have stonked back since L'Bro's went down.
Whilst the UK based income has been hammered away at in form of ppi, pending SCO investigations, fines and more fines. Yet the kick in the nuts for me was the overselling announcement earlier this year.
Finally all thats behind us and now we have blurts of a global downturn.
Anyone who trades Barclays against other common comparable's, will most probably value the SP as 80p in the 2nd Q of 2023.
Where I strongly believe we will have a steady SP and not see too much damage, if any it will be felt in short bursts.
The true statistics and current sp value, do not add up as fair value as a comparable to other bank shares prints.
Having already had the ar53 kicked this past decade, gravity always wins in the end and we have been upside since post 2008.
Holding through thick and thin ive been lucky enough to see through all this indirect fudge, without sounding like a ramper, Barclays will pick up soon, forget the other background interference, that will sort itself out and before long.
After all does anyone believe we would be sub £2 if not for the last facade.
"The proof is in the pudding" hopefully no more fluff ups as the books are looking good, despite the woes of the next great depressio
Sign In
Follow the stocks
