Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
BOD's say what shareholders want to hear. Them saying something often tells you nothing. Everything is fine till all of a sudden it's not CPI and Carrillion spring to there. On my watch list at the moment got a strong brand and older people are a growing market. They seem to be trying to move into more areas which is good as motor policies could be in for a massive shakeup in the future and this might not be good for brokers
Indeed, he's loaded up on banking shares of late and they'll drop hard in any downturn. Still I've got money in his fund and will be keeping it in. His long term record is very good, even buffet has been criticised for bad investments in the past but look at his returns over the years and they've been very impressive. My individual holdings are mainly defensives that i bought and held on to around 5 yeats ago. Recently got some IMB at 33.50 and will add more if it drops another 10% or so from here, likewise I will be doubling my holding here if it drops another 10% or so. These are big companies with big R&D budgets with high barriers to entry and in the case of pharma with everyone in western countries getting older demand for drugs should in theory increase.
To be honest long term it might be better to cut the div now and put more cash into investment for future growth. The share price will probably take a dive and if £10 or thereabouts came up on the back of it I'd be very likely to increase my holding. A few years ago I bought GSK instead of AZN. The divi was lower on GSK but all the talk was of patent cliffs and declining revenue on AZN so I figured prospects here would be better....It's to early to call on AZN yet but the investments they made look to be paying off and the sp has nearly doubled from the 27 odd I would have paid. This has it's ups and downs but the price is nearly the same to what I paid all those years back. With the right strategy this could be a great long term buy but I'm holding fire on adding more for now. I think this could go lower in the short term especially if they take a long term view at the expense of some short term pain.
PPI was entirely the banks own doing, yeah I'm sure some claims were/are opportunistic but that's exactly the same attitude the bank took when flogging the policies in the first place. And in many ways Barclays took a worse deal than they would have got from the government just to avoid government interference (I'e flog your investment bank). The choice to keep the investment bank may well turn out well in future (It's not right now) but European banks never seem to be able to match the big US investment banks so Barclays has a lot of work to do on that front. Still shares look reasonable value but I'm holding off for the 1.70s if I can get it
Know one can answer that except someone high up in Barclays. Companies dont tend to report operational matters like redundancies or office moves unless their significant and even then they usually tell the staff around the same time. If You want to speculate well it could be..... Merging it with another processing centre so it's all done in one location and saves money. Moving to another building in the same area. Moving it to india Those are the 3 I can think of off the top of my head.
Hard to say. Theirs lots of headwinds such as brexit which is likely to have an increasing impact as the deadline comes closer into view. Especially if it looks like we might crash out without a deal.... Litigation is also an on going concern and these things rarely get resolved quickly. It's hard to say were this might go but a 10% gain is not asking the earth. You just need to cross your fingers 're brexit talks and hope you get some nice noises from the BOD
If your confident in the outlook then any wobble is a chance to add a few more. Either way if your long term holder it's were the company is in the years, not days to come that counts. Easy to sayandnwise words but from my own experiences harder to put in practise when staring at a sea of red....
Yeah UK/European investment banks never seem quite as good as their US rivals. Like JP or the vampire squid. Still that was the story at RBS, Hesters 5 year plan and 5 years on from the 5 year plan their green shoots. If Barclays need another couple of years I don't think it's a big deal but they don't have unlimited time that's for sure
12.50 is a nice number and it hit that a while back before rebounding. I'll consider adding if it goes near that level. But truth is with shares you never can tell.
True but you got much better deal on RBS 12 months ago, your now paying a much higher price for that cheery consensus. To Me Barclays is in that spot were others have been. All they need to do is get past all the conduct issues invest in the core franchise return 10% and that alone will deliver a solid improvement
Hmm diluted Nav at 291, is that a new way of recording it ? I'm sure nav used to be well NORTH of that figure
I think RBS still trades at a pretty big discount to book. It's ironic but being bailed out by the govt instead of middle east moneymen might actually have been better for Barclays. The deal is coming back to haunt them now and unlike RBS which embarked on a major restructure Barclays seems to have been rather slow to respond. Funny how the govt stakes in Lloyds and RBS were seen as big negatives at the time but near 10 years on these two banks look to have coped with the new landscape somewhat better. Still on the plus side for those with 10 years to spare this looks like it could turn out as a solid buy. To me sub 200 looks good value and I almost bought some yesterday. It's on the watch list and 170 would be enough for me to hit the buy button I think
Most traders loose money, I'm guessing your one of them. Better to buy and hold shares for the long term. Unilever is a solid company, yes disaster might strike but if you hold on to these long term your more likely to make money than loose it. Don't take any of this the wrong way it's not a dig. But you seem pretty angry the price is not going your way and that's not a good mindset for trading.
They won't unless forced to do so. While innovation is usually pretty good in business a lot of these companies are not that innovative in my mind. Uber, deliveroo etc are were they are due to how they treat their employees for the most part. They don't have the employment costs of a Royal Mail for example because they don't have any employees it's all self employed contractors. Im still not sure if this kind of business is good or bad for the economy, but my gut says business's that derive their competitive advantage by having in effect disposable employees is not a good thing. If every job in the country suddenly turned into a self employed contract would this be good ? I'm not so sure and a lot of these gig companies don't pay anywhere near the amount of tax of traditional operators either directly or through their virtually non existent employees. Competion is good but it should be on a level playing field. Not through zero hours contracts and paying tax offshore
All stocks tend to fall during market downturns. Defensive stocks just tend to fall less. In the UK the biggest danger is a bad tempered brexit and recession which will impact UK focused business like Sainsburys hard in my view.
If the change was deliberate or bungled. A deliberate change would be along the lines of we know it's crap but we don't have many clients and the new system is more cost effective even if we loose lots of customers. Or.....This is going to be better, let's upgrade the systems more cost effective better service. oh wait hang on a minute it don't work, dam losing loads of customers, dam this one big ****** the former would at least indicate thinking is going on behind the scenes as opposed to just stumbling (provident financial style) into a big mess that was all of the companies own making.
I'm more a buy and hold investor these days. Want to get good shares at good prices and hold for the longer term. I think banking will return a corner at some point but lots of people have been saying that long time now. I think banks are good value at these prices but if the next 10 years mirror the last Barclays with it's tiny div might not be the best investment. I think its drops sub 180 I will take a gamble as returns could be very good if the bank does finally turn the corner, just want that bit of extra safety margin that a lower price gives
Been thinking about buying a few of these, did not buy any last year at the 150/175 levels, but seems to be trending back down. What's the story here as this bank seems to have been restructuring forever and it's dividend was cut no long ago from an already very small payout. Other banks seem to have got their house in order even RBS which looks to be quite solid once you strip out all the fines and other maladies. How's Barclays core operations performing ? Still undecided here markets up but Barclays down which means and general market correction could see 170 which would get me thinking....Bit of a nightmare these banks they look cheap but have done so for large stretches of the past 10 years. They were all meant to fixed by now but here they all are 10 years on and their still limping along, what's an investor to do ?
There both well established large companies and seem to be doing well at the moment. An aging population will likely increase demand for money management services in the future as people look to manage their retirements. The UK population is also predicted to keep growing so more potential future customers. Short term a bad brexit would likely hit both, they were around 350 and 170 ish after the vote. I don't know if one will do better than the other. It might be worth considering splitting your investment between them. Up to you really no one can know for certain what the future will bring although plenty act and sound like they do.