Member Info for MrWolf

Good afternoon Mr A - Wow that link knocked me back a few decades !

My late Grandfather bought me that (45 vinyl) as a kid (showing my age now lol) that along with Tunnocks Milk Chocolate Caramel bars, whilst telling me in a Jordy accent "Never trust banks son" are but a few fond memories I have of him.

Guess many others on here will glance, close and think wtf are them two on about ?

Though that link / clip just set a pleasant, somber moment with happy reminiscent memories.

Thank you for sharing it sir.

Back to task, just a polite reply as Im only in an out as my concentrations on more liquid stock atm.

Yes, wise move to lock in your TP of 10%, which you know is always the sensible option.

I'm currently waiting for this 200 to slice though.

As many are aware Barcs is a very manipulated stock, it only takes half a dozen friends (associates) to move either direction and make serious dollars.

The only thing is people like us spot their moves far, far easier now the divi season is dropped back to two a year.

Which is not good for the SP whilst Barcs and other uk financials are losing ground.

Unless Riski and Shunt back off legislation and taxes, even more and more business will list over the pond.

Like every a creature of habit I can see Barcs having some retail lift into the divi, then the usual quick test to our ole friend.

With a slight dwindle and then like always x2 or 3 wave cut and run, leaving some poor soles sitting on their hands.

This area is crucial atm, we will either gain some real interest over 6 to 8 weeks from the year end waffle, if not we will see heavy weight on our shoulders,.

Which I will sound like a parrot saying this, though this time of the year is really all about watching momentum, not just charting.

Only hope we have a very productive statement next month, we will see this as support.

Though if Higgins waffles and offers a poxy 5.25 divi with a monkey for a buy back, we will see this dwindle down.

Personally I would like to see 6p offered up, as and when rates fall back a touch 6p will appeal to the shrewd.

As for buy backs, we need to see a 1 in front, offering a monkey doesn't touch the sides.

We need some impressive projections and quite frankly, with past performance . . . I'm not holding my breath !

Let's see how much this takes to rise though this key level.

Anyhow must dash, US is waking up.

Regards W'

. . . It's only taken just over a month for Simon & Garfunkel's tune to start playing in the background again.

Hello darkness my ole friend (200 EMA)

I've come to talk with you again - Can we or can't we ?

Because a vision softly creeping - upwards I trust.

Left its seeds while I was sleeping - Ticking up nicely .

And the vision that was planted in my brain - plus 2's by the 3rd quarter.

Still remains - Currently a selection of useless inept directors !

Within the sound of silence -

06.59 on the 20th Feb.

Until we hear " Testing, testing 123, Venk is the mike working. Can you lot hear ok ? Sonya will you get that bloody dog out of here as i'm about to go live on zoom!"

Ole Nige best have grip this year, 541t will hit the fan if he hasn't !

GLA

Hi there Makros

Sadly it does appear we are in that type of "Give me everything for no effort" culture.

Have to be careful what I type as I prefer to keep my old camouflage.

Though few years back Bailey had his finger on trigger to fine Barcs for Jez's whistleblowing episode, it was only for the fact he was waving his Greggs Pasty in the air (trying to get noticed for Mark carnage's exit) that he couldn't cope with a legal attack.

Which he was heading for, hence Jez took direct punishment and not us shareholders.

Which If they go after Barclays for this current issue, then the comparable argument will be chucked directly at the FCA for bias.

As mentioned few times in passing on here, yes I do throw my pennies worth in here every once in a while (usually when I have Barcs open on a screen) just because I know what it was like years back, thinking you understand trading and absorbing chat room data / info.

Old friend who is now in the FX market up here in the smoke, used to run a private advisory brokers down the west country.

He stopped posting on here once I sussed the person behind the ID, hence I prefer to keep myself to myself that is.

Though I always remember his words "god sakes never pay any attention to LSE's forums, they'll do your head in"

Despite that we still have active people contribute on here, though not with the effect it used to have.

LSE never picked up on the fact once that a certain person posted minutes prior to placing his firms block order, exact figures and numbers hit the order book, we all knew who it was !

Needless to say they wouldn't get away with away with that today.

Sorry, once again for lack of clarification, my mate is all over Barclays (as and when there is momentum) he's not always right, though he is 100% a chartist, where as I combine experience and charts when barcs are concerned.

that Dr Strange love the link Bhavik kindly posted, all that chap goes on is the obvious. No one emails Strange Love when his he mostly wrong about Barcs.

I'm not trying to blow my own trumpet, but as a few on here will vouch for me ( I hope ) i'm pretty much "on the money" on the money when it comes down to Barcs.

If there is a whiff of FCA caning us for the loans issue, it will certainly hit us hard and we could easily see the £1 sign again, though I can not see this being allowed to play out like last time.

There was far too much fraud from third party and claims companies, so Im hoping this will be considered by any professional body, before judgement is made.

With rates likely to step back a touch, uk stumble along at this pace, increased dividend at the prospected rates, we are now 80% through this storm, and all here to share chats with an increase in SP.

Must dash - Kind Regards

Regards W'

Cont; we can all then go bank bashing ourselves, because I for one am sick to the gut of hearing about fines and wrong doings.

Always it affects the share price and never the twits signing the compo cheques !

Surely if one invests in a company that has endless list of legal wrongs, should it not be us shareholders claiming our losses back, as and when the FCA found Barclays and others in the wrong.

Beggars belief just how much this country see's the FCA as in my view they're actually doing the economy more harm than good.

So what if someone with bad credit ( who could not get a high street loan) went to a car yard and swallowed their rubbish and accepted their finance deal, blame the individual for being so inept at the time.

We have all bought cars and heard the salesman try and swerve into a loan, they hate cash as some dealers only have a certain load / profit in each unit. Which the deal for them only becomes profitable once finance and extras get loaded in.

How the heck can blame be just pointed towards just the lender / provider.

Back on track @ S.I.D.I - "What does it tell you then MrWolf?" having taken a quick glance at your interest (maybe invested in) other companies on LSE and if one maybe so forward to wish you all the very best with those choices, may I suggest you take a glance at more profitable positions like TSLA , KO, INTC and AMZN of which Im b@lls deep in atm and they're all providing far better returns, than Barclays have these past 17 years.

As per every build up towards a final, should hopefully see these pressures rebound, they usually this time of the year.

If not it does signal complete loss of faith in Barclays management and we could very well drop down some more, though one thing I have sussed all these years "Never just rely on charting though Dec and Jan" Barclays is a very easily manipulated share price, some funds deliberately trickle their positions.

So hopefully we will hear more positive news from the Gov's fudged CPI and Blubbering Bailey doesn't say anything out of sync at the next meeting.

Then the spotlights on Venkat, not much else we can do, apart from sit it out.

GLA

Morning all

@Bhavik - trust all is going well for you, personally I wouldn't pay any attention to Dr Strange-Loves predictions, though cheers for sharing the links.

All he's rattling on about is the next bus stops, if he was to point out the potential higher band targets, he'd most probably macaroni his pants at this current SP.

Few key points to consider before we start weighing into doom and gloom of 99p etc.

Only last week a friend invested in Barcs (sizeable fund) we was having our usual banters and once in a while throw a difference of opinion at one and other.

His view was that Barcs need to bite down at 104-105 area for a strong launch back up, whereas I was more sceptical considering our time of the year and usually see tailwind into the dividend.

Though we both share the same higher target opinions, which if BoD's get their 541* together next month may well be achievable.

If none of us believed possible, we wouldn't waste our efforts in doing so would we ?

Personally I've traded in Barclays far too many years now, all I see is inept planks (Directors) down the road, whilst drawing their own shares incentives.

@ S.I.D.I - Answering your Q' that also depends on where abouts you chose to sell off, wouldn't it (Laughing emoji's)

Where as I left my L positions alone and only closed a short (146) after the US had jumped in the pot.

It was obviously over done and we would have a "retail" bite back the next morning, which we did.

Maybe my opinion shared, could have had more clarification. Though like (atm) my concentration is heavily engaged on other more engaging / volatile positions.

What I was trying to put across for the "regular contributors" on here, was if ya holding above 160 averages "Do not panic sell' because those past 48 hrs we had a wave of data.

None of which was positive ie the investigation into just how deep Barclays are if the new wave PPI (car loans) hits the book. How far would people be able to claim for ? Because the potential losses would be huge for all lenders involved.

Back in the day, Barclays had 30/40% of deals loaned to customers via the business managers (BM's) at retail dealerships.

Which leads me to question, will these FCA regulated dealerships also carry the brunt ? as it was them who manipulate the customers and not the direct lender !

The FCA really need to ask the question as to why a trained professional (passing all required FCA qualified tests) so they can sell finance to clients. Barclays and Lloyds, Close all rely on the AGENT to set the rates, its been common practise since 70's.

Hopefully the lenders will pull this evidence together and fight this possible action, instead of just rolling over, again.

If the FCA think they can lay blame on direct lenders for rewarding those dealers, where would these claims stop at?

We will all be asking for a class action next, claiming banks only quoted APR on mortgages and we all know the logic behind APR and basic flat rate.

con;

@ QANTAS "Shorts doomed to failure". That's only if they don't know what they're doing.

Once the yanks started to wake and place, just about everyone was "Sniping their 5 min chart " yesterday.

Algos were clearly in play with Barcs SP and was easy to read.

As previously mentioned we did heavy some sticky resistance above (E.M.A.s) and it was clear for all to see.

"Same ole, same ole" pattern of coverage prior to reporting over the pond, no big screamers today, so things will settle down.

Hits like yesterday do require an ear on the track though, just incase something like news broke of Iran leaning on their big red button lol.

Other minor interference (distraction) of car loans ect I'd be more concerned about shares relating to Black Horse and Close Brothers if that did go sour.

Hope a few on here see yesterday as a buying op, not a panic sell.

Anyhow, must dash

GLA

- momentum drops off, rinse and repeat.

If ever there was a sticky time, excluding 2008 L.Bro's that is, this past few years have been a total shambles.

Investing in uk financials is one very huge risk, investing in Barclays of late has become gambling, certainly not a wise investment at all.

Any how Honky Tonks, that's me done today, least the sun's out.

GLA

Churchill Place is all about "Look me, i'm flying!" that site is a money pit, you would think your in the BBC not a bank head office.

Take Santander for example, they had 2 cranes above Milk & Beans for past 4 years, the Euston Trains get staff into work in to 30 minutes !

Why the hell doesn't Barclays jack in that sewer at Canary Wharf and re cage the Blue Eagle somewhere off grid with quick Euston access ?

HSBC bailed out as the ground rent is a ridiculous drain on finance.

Well, looks like Higgins and Venk are really taking cost cuts seriously, not !

In a separate transaction, Barclays Execution Services Ltd is extending the lease of its UK Headquarters at One Churchill Place by five years to 2039, underlining its long-term commitment to Canary Wharf.

John Mulqueen, Chief Investment Officer, CWG, said: “We are delighted Barclays extended its lease at One Churchill Place demonstrating its commitment to Canary Wharf, and investing in the building for the long term. Businesses want their offices close to a range of leisure and amenities to help attract and retain talent. Canary Wharf is a 15 minute city with access to great transport links, access to 16.5 acres of parks and a wide range of amenities and cafes, bars and restaurants. We will reposition 10 Cabot Square to meet the increasing demand for high-quality sustainable Office and Life Science uses, as well as providing an opportunity to add mixed uses such as hotel, education and leisure.”

Alastair Blackwell, Chief Operating Officer, Barclays Execution Services, said: “After announcing our intention to exit 5 North Colonnade in 2021, I am pleased we have reached this agreement with CWG which delivers a long-term cost saving for the bank. Canary Wharf is a fantastic place to work and our 5-year lease extension at One Churchill Place is testament to that.”

Canary Wharf is a vibrant mixed-use neighbourhood that provides high quality offices, is home to over 3,500 residents with over 310 shops including over 70 restaurants, cafes and bars. This year we continued to add to our roster of restaurants including Dishoom, Mallow, FishGame and Blacklock, adding to our diverse dining, shopping and entertainment experience. The Elizabeth line added to the great connectivity at Canary Wharf – over 65m people will visit this year, our highest-ever footfall.

"extending the lease of its UK Headquarters at One Churchill Place by five years to 2039"

is it me being totally thick or would =5 yrs extension take us into 2029 ?

Few of us got together pre covid and all agreed Barcs should dump Canary and move to a more fitting site.

The BoD best pull a golden rabbit out the hat in Feb or its the last year I'm going to be invested !

Back on track, chart is looking good, 160 is the key area on the weekly, with our ole friend / foe the 200.

As previously posted I can not see anything remarkable happening until clarification, so I'll be shorting every opportunity when daily mom

Another point to mention, that site rates his tip rate at 88% which is pretty impressive, whilst TIpRanks have him down as 66% which is average.

Which is why fund managers are not shorting the backside out of Barclays, quite the opposite in fact.

Id take what he said with a pinch of salt, though thanks Mr A for posting the link, always good to read up on other viewpoints.

. . . "Former Barclays chief executive Bob Diamond has called on the lender to be “radical” with its investment bank by either putting more money into the business or selling it".

That blame is totally down to Risky Sunak and his sidekick Jerry, they need to drop the tax raid on the UK Banks, instead they should be welcoming finance houses back into London, not driving them out !

Not to keep harping on about divs, way back in 2015 we were promised "progressive" div increments.

Yeah right, they didn't even honour that.

When the ECB pushed the "SUSPEND" divs over covid farce, we never went back into the pre covid payments.

Insteads they reset the meter and robbed us long term holders of even more returns !

Personally I can see the BoD's robbing us yet again, paying out +0.25 or a max of +0.5 and thinking they'll "Drop the mike" with offering another monkey in buybacks.

The only thing that will increase Barclays share price, is to stop making childish erros, stronger leadership and up the dividends so that it engages interest of those commercially and retail.

The rest will tweak itself , we are not one trick ponies like Lloyds, Metro and Natwest.

Barclays have a diverse portfolio and some solid structure, it just needs a BoD's with backbones and not the dithering, spineless "yes, yes but dims" we have seated atm.

Guess the next 6 weeks will be as predictable as the uk's weather pattern.

Regards W

Firstly, Happy New Year to all and some apologies for not returning the thoughtful wishes sooner.

Last thing on my mind this past few weeks was wondering how Barclays were performing.

Having read through a few posts below, the only thing that sprang to mind was Elvis's version of Old Shep.

Did previously mention I was sitting it out, until we bit into our ole friend (200EMA) whilst focussing around 15th, we then have to endure 'Bumbling Bailiey' on the 1st of Feb, it might even benefit him to read up on the practise of 'halo' jumps lol .

He may have navigated our economy a far lot better if he'd ever experienced hopping out the back of a C19 in a flowered dress with a pair of Nike Cortez 72's strapped to a ironing board.

Over the pond, reality is catching up with their own bank share prices, something Barcs will in no doubt endure drag.

Putting aside all the current obvious distractions im looking forward to this quarter.

Did anyone make good and go long on most Indi's pre Christmas ?

The Dax is far too obvious atm.

Anyhow, thats me done today.

GLA

@ Mr A' - Trust this day finds you well and smiling at profit, just a quick paw in and out as a few might have missed the deliberate punch up towards . . . Hello darkness, my old friend (Our ole friend the 200 MA)

I've come to talk with you again

Because a vision softly creeping

Left its seeds while I was sleeping

And the vision that was planted in my brain

Still remains

Within the sound of silence.

Just a matter of gaining some momentum back after yesterday's rampage, just closed a short from earlier this morning.

Not rocket science just the fact we hit the daily descending line and needed a breather.

Hopefully we cut through the 200 soon.

Off now, as i'm done today.

Regards W'

Good afternoon all.

Well, what a day !

That blue budgie certainly stretched its wings, even the pigeons couldn't keep up.

Once things moved up in the US yesterday evening, it was almost certain we would see the same reaction.

Same ole pattern played out again. Lloyds got tickled over a few sessions and then Barcs made their ground up.

Past few weeks I have kept an eye on these, though my attention has been directed towards the Dow & Dax.

When I see average of 8.6 people shorting the indices to every 1 person long , then I start building my longs.

Only on Tuesday a few of us were discussing "all times highs around the corner" while sadly a few friends were shorting and trying to convince everyone to join their pain.

Not for me i'm afraid, only pain I've endured recently is trying to stay on the bull for longer than a few seconds.

Beggars belief the amount of people (retail) who trade the indices without direct access.

The FCA should open a basic account with the likes of IG and see for themselves, even pub fruit machines are regulated.

Either way, hope a few others on here have enjoyed today, likes of Mr A who can move his stop up a few notches, also well done to everyone else sat with profit.

Soon as the indices take take a breather, we will have a few waves to surf.

Looking forward to the run up to Venks' plan of action in Feb, cant see everyone jumping on board until us shareholders get some positive clarification.

After all Barclays share holders are due a fair roll of the dice , we have put up with far too much crap thrown down from the boD's this past decade !

GLA

Just a polite flit in and out today.

@ Jay K - who needs vaccines, when a toddler can bring home more germs in one runny nose. Than most dogs can, licking lampposts lol Had to chuckle as I recall them days well.

@ Mr A' - Well done with the latest position, least you can drop in a nice S.L now. must admit I wasn't jumping in at 128 / 130 as the US was biting their nails of late. Least this last few prints gave a bit of light.

Though if you excuse the pun "we ain't out of the woods yet" least most of us know the value here isn't sat at 130's

Not going to put my paw back in till we cross +150.

Honestly have to shake my head at this price level, if Barcs had just stuck to the basics a decade back and concentrated on retail only. Even now Im sure we would be sitting on +£2 a share on a bad day. Clearly having the US and UK income under the same umbrella just proves it does not work out.

As for the ignorance of the BoD's - Why does it take a 3rd party consultation to address the fact that Barc's investors need a stronger dividend, before they even consider investing long term.

Crikey it is not rocket science, even Shell's BoD's understand that fundamental point.

Shame ole Higgins did not ask Shell for advice.

Any how Honkey Tonks must dash as they're stirring over the pond and I need to get back to the Dow.

GLA

@ Moby77 - Hey Moby, hope you are keeping well. Think some of us are far past giving Barclays a chance these days lol.

So many chances of sp growth, only to be wasted though one foul up or another aye.

@TF1 - Yes indeed there is a few on here all Ex Barcs, sure they will reveal all at some time or another.

These days Barclays are so out of touch, it would not surprise me if they even had to employ a private management firm.

Just to tell them just how many managers they employ to manage, management personal.

it is clear to all still, that at least half of Barclays BoD's just sit at the window seat, licking the window on the gravy train.

@Mr A' Hello there sir, do hope you get a touch, it should by glancing the short term signals. "The 5 day rule" is usually a good enough period for settlement. Though i'm going to take a breather into next week.

GLA IM off now.

@ Toff - Hi there Toff. Usually run for them hills by now on a Friday, been setting up a few bits for the NAB's open this afternoon. Tesla,Coke, Intel and Amazon also had my attention today.

Seems that we both have a touch in common (without me taking off my sheepskin onesie) did chuckle at your comment previously "Shareprices don’t follow beancounters, beancounters follow shareprices" usually a term quoted by us blessed with a touch of silver in the fur.

You'll get on well on here, there is a few ex Barcs staff pop in every once in a while.

Though not ex myself, without giving up anything too close as some Barcs anals do scroll though these boards (fact) every now and then.

Years back when LSE was a hive, few comments were exchanged via other channels as to who was who on here.

In fact I had only just got off a call once, having just discussed a position and lunch ,which the other person was munching whilst on the phone. Minutes later the same person had written on here about having just finished their crayfish salad.

Didn't let on at first and had great fun 'playing the game' for a week or so.

Sad that he got all bent out of shape when I let on, though not via LSE.

Without putting too much out there, it appears we've both been in earshot of Dodgey Bob back in the day.

Anyhow less of all that, enjoy the weekend and don't spend all that 34p profit you drew off Barcs spread this week.

Leave some in the kitty for the rest of us next week.

Elvis has left the building, all have a nice weekend .

@ Mr A' - Afternoon chap & all, quick paw in and out.

Usually we are in agreement of such levels being tested, just can not see it myself atm though.

Decided to close my Metro Spank, think there is a lot of retail clinging on for dear life and not willing to roll over just yet, good run out of it though.

Natwest proved a nice punt too, knew all the way once they went below 221.8 they were taking on water lol.

As for Barclays you know I'd be all over this like a rash, usually at or within a point or two, just doesn't sit right with me atm.

Everything was appearing to settle down pre 'Gaza' and now I'm seeing lots of sentiment flip.

Personally all I see is a hornets nest out there atm Fx / Bonds et cetera.

As for other UK Banks (One trick Ponies) Barclays have always been a mixed bag of exposure, one would think investors would see that as far better than just relying on a housing market for income revenue.

Yet our Barclays shares never ever get any recognition for having a diverse structured book.

Which is what draws me to question why would Barclays want to keep changing their rig (restructuring) all it does is drag us down for another few years !

IMO they should lay in the bed they chose to make and stop d1ck1ng about.

All Barclays needs to do is similar to many others and increase the poxy dividend like they promised.

Let's face it Barclays will never be like it was under Dodgy Diamond though I never believed for one minute we would see the likes of being sat facing £1.29 as support (very fractious it is too) which leaves me to question just what is going on in that boardroom each week ?

@ £1.30 we need + 50% /75% to achieve any form of normality !

Either way I hope I'm wrong, sincerely I do. Though I'm going to sit this 129 out and sniff the air for lower slippage.

Just need to see how these next sessions un fold aye.

Regards W'

even capitals letters all re adjusted in previous post.

ar ha ! lse removed the word s********* and whilst doing so self adjusted / removed all capitals letters.

while they're at it, why don't they just edit everyone's opinion too ?

Bad speeling onviously

?

@ mr a' - afternoon sir. "she's so fine - you're twisting my melon, man!" made me chuckle.

yes sorry chap, just trying to gauge the indirect mess myself atm.

even the big funds are getting the feathers clipped this month, my only question is at how much this has been factored in and how much which hasn't.

whole world must have been s********* at barclays bod paying out good funds to be told how to run our bank.

just hoping for all our sakes the chart / plot is wrong, though the old saying "picture never lies" though that was the days before ai lol.

what is really winding me up atm is we have have seen these massive restructuring costs all before.

1. higgins chose to destroy our sp with options, bloody clown had no idea.

2. then john backed jez with an open cheque book to build the ib back up ( which payed off at the time) though without jez behind it, it ain't worth the hassle in times like we are encountering.

3. now dip54it (who should have jacked over the over selling scandal last year) is all for chucking money at anyone who says "they're professionals"

. . . having heard that before i would not be the least surprised to hear if venk' doesn't ask sooty and sweep to help out !

after all they always claim "we're professionals" maybe bod need to hire matthew corbett for the next 3 yrs !

got to fly as they're smelling the coffee over the pond.

regards w'