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Never heard of barbedwirekiss. Someone actually chose that as a name on this board? hahahahaha.
I will have been on here for 10 years in January. I don't often have the time to look in on these boards. I was probably more active when I joined shortly after the financial crisis. I've probably posted tonight more than ever and it's only because I'm off work this week.
Passive aggressive - totally agree but then you don't and try to bring me on this. My name is Dean. I've only got and only ever had one account. If you can't tell that from my frustration on my earlier posts you're one of the perpetrators. I DO NOT GET anyone who would have more than one account.
I am not the person who has Dean on their handle - who has posted on this site. Pantherax is the one and ONLY account I've ever used. If anyone played Ghost Recon back in the day I was EKS[Pantherax] and my brother was Tigerax who was number 1 in the world back then (when gamespy was popular). Not me. I don't need or take credit.
On a serious note - you must have a way of checking how people register rather just an email address. Otherwise you might as well be on the dark web catering to pedophiles. The people that post on here with multiple Id's are satisfying their own existences and making this site less valuable as less people take part.
I've got screenshots that I'd forgotten about from March 27th 2017.
Posted by Jackbowers16 on Barclays Mar 2017: "Jack Bowers is wrong, I believe the stock will climb to 2.65 in the months following March results"
I mean this guy just got in from the pub and was posting on the wrong account. He was criticising himself from the wrong account. Sad bar steward (UK people will get that). He didn't realise.
My view - Once Brexit is sorted this share will rise above £3. You will get your money back - so delete the alternative Id. And if you are gambling on this share going down (because only institutions can actually short a share - stop losing your money. Get help.
For anyone who thinks I'm talking rubbish and picking on one incident. On the 3rd April 2017 Jackbowers16 posted this:
"I disagree with Bowers.
I agree with Hottentot and asflicker in that Barclays will climb to £2.80 after Feb results.
I disagree with Bowers that Barclays will fall after Feb results.....right barbwire?"
So, after the Feb results the shares dropped. Which is bad because the share has been horrendous since. But keep faith - this share will recover - stop ruining this board for everyone else though please.
Confused... Are you asking yourself a question? Is this multiple ID a real thing? Does this website allow multiple registrations? I don't get it. I've been on this site for 10 years. Lloyds is nothing but a Brexit debate among numpties and this site talks about nothing but Jack - who I'd never heard about because I don't post that often; until I got attacked by someone called Bru. And when I clicked on his posts nearly every article he's ever posted mentions this Jack. I mean if it's not the same person I fear for Jack as he's got a stalker. I can't wait for Brexit to be done and we get some educated people back on these boards rather than social media addicts that need to get someone to click on recommend by creating alternative accounts. What do you do in the real world?
The downward pressure on bank stocks might not come back anytime soon. They've gone up on the prospect of no deal being taken off the table. Sky news have just issued a bulletin to say that Boris Johnson is prepared to ask for an extension if he can't get a deal over the line by Saturday. I could be wrong but I think this message will be well taken by the markets.
I sold at a good level on Friday in Barclays and banked a profit but sold a little early on Lloyds. I was more interested in freeing up cash in the event of a no deal on October 31st. I've put that money in BP for now as they've gone sub £5. I'm not expecting them to drop further. Regardless of what happens I'm keeping the majority of my bank shares but if I can get an opportunity to get more at a discount over the next few weeks I'll be happy.
Anyone seen the Jeffries report on RBS - they think the price will rise by 90%. That would be nice, although its my smallest bank holding.
Unfortunately the amount of shares in circulation continues to grow. New shares are produced monthly for staff share schemes and also the SCRIP dividends that have been running for years continue to dilute this share. Before the bank considers share buybacks they should scrap the SCRIP dividend in my view.
Deutsche Bank is transferring it’s Prime Brokerage Unit to BNP Paribas however not all clients are happy about that. One of the big gainers is Barclays who have picked up an extra €20b in Prime Brokerage accounts.
I’m currently £59,739 down on Lloyd’s. My average price is 60p. I can see this dropping below 40p before October 31st. The only bonus at the moment is that my dividend reinvestment will be picking up cheap shares. I’ve set up a standing order to invest monthly here today with my broker.
@Gateboy - we've not spent 10 years paying anything off the credit card. We've not reduced the country's debt by a single penny in the last 10 years. What we've reduced through austerity is the amount we've been adding to the credit card. So when you read in the news that the deficit has been reduced that is just for that year. The deficit is what is added to the growing national debt - which continues to grow every single day and is currently over £1.7 trillion.
Even now, we continue to spend money we don't have every day. We're still spending on the credit card money that will have to be paid back at some point by future generations.
So I'm wondering if we're finally going to get a really good set of results in a couple of weeks - for half year anyway. Will our patience finally start to pay off? We could see another PPI hit which is finally coming to an end.
I was reading an article the other day where Jes Staley had been quoted speaking positively about the huge tax reforms that took place in the US last year. US corporate tax was cut from 35% to 21%. Jes said this was a huge deal for Barclays. 45% of Barclays business is done in the USA - which is also now the lowest tax jurisdiction in the world. When these rules changed it did mean that Barclays had to take a one off hit due to deferred tax complications of $1.3B. But this was a one off - so will this mean the Investment Bank being more profitable this year without that hit, and being boosted by such a positive change in tax levels on profit.....
In addition Barclays have stated they have seen an uptick in M&A activity in the US. This is also positive for banks in terms of commission. With Deutsche Bank going through a huge re-org, not just pulling back from the US but completely retrenching from Investment Banking this leaves one huge player in Europe in Investment Banking and that is Barclays. There are now going to be some huge opportunities for Barclays in the EU but also, they are capable of competing with some of the Large US investment banks.
I think the next few years are going to be good for Barclays, but after a decade of declining share prices, and regulatory shocks it would be good to see some reward for patience. I'm expecting Barclays to increase their half year dividend and also to formalize the share buy backs that have been mentioned in last years results updates. I won't be too happy if they say, yet again, that the board is discussing it. Show us the money!
"Pantharax....can you please tell me how much JB is losing on his 1.64 and 1.69 hedge?????"
_________________________________________________
I'm sorry I have no idea why you would ask me that? I've rarely seen any of his posts (assuming JB is jackbowers16) and if I'm honest no-ones posts on this website would influence where I put my money in any way. My personal view is that each time the share price drops it's an opportunity for me to invest more.
I'm not a day trader, I'm a long term investor that only moves some of my money around a few times a year. On paper I'm in the red on this share but not concerned. I've got a nice dividend from Aviva due tomorrow I think. I'll probably use that to buy more Barclays.
Deal or no deal in the EU - once we know one way or the other I personally think UK Banks will do well.
Good luck all.
Stockmarkets around the world have been dropping sharply this week. On Monday I bought another 9576 Barclays shares. I wish I had bought at £1.46. I'm genuinely not worried about the drop. Having first bought in at £2.09 I still don't think I will lose in the long run - my average is down to £1.79.
I've also topped up on my Lloyds shares with an extra 39,379.
I don't intend on selling any of my holdings until at least after Brexit has come to some sort of conclusion. I believe that banks are well positioned to continue to raise the dividends that they pay. For me personally I will be re-investing those dividends to buy more shares so I'm happy that they're cheap.
For anyone that has wanted to access their money and has been trapped in bank shares for a number of years I feel for them. I still think we'll see Barclays over £2 over the next 12 months, and Lloyds over 70p. I caveat that on there being some sort of conclusion on Brexit.
Good luck.
I don't really post that often. I'm not interested in whether anyone else is short or long. Whatever people are doing with their investments I wish them all the best and hope they make a nice profit.
I topped up with an extra 3,510 shares @£1.57 yesterday reducing my average slightly to £1.84. So I need quite a bump to break even. I might use my Lloyds dividend here whilst they're this cheap. Not decided yet.
I genuinely believe that UK Bank shares will take off at some point. They're currently good value, paying reasonable dividends and have real growth potential. That's my view based on my research.