Member Info for razzledaz

I am still holding Mr A. Probably have more than I would like in this and have a pretty unbalanbced portfolio!!

I am always a long term investor and happy to wait for my target exit price. I have done pretty well over the years with the usual mistakes (being a bit greedy when the price is rising and not exiting the main one)

I am still hopefull for a return to the upper ends of 100s and maybe back to low 200 terriory over the next 12 months, time will tell!

GL both Mr's :)

This shows the net Interst Margain over the last 11 years.

https://www.statista.com/statistics/294817/barclaysl-net-interest-income/

You will see it has decreased over the yeras, but with rates rising as much as they have in last 6 months or so, then it should be back to previous highs.

Its not just the savings accounts, its more all that money that sits in current accounts every day that pay zero to customers but they will get higher rate when rates rise.

I agree it seems to be sticking around this mark.

Unless more practices are acquired then it may be its mark for a while however those lockdown pets are still around and will need care.

The only other challenge (and this is applys to the majortiy of businesses) is will people cut back. e.g. less jabs, not take when they may have done if pet ill/injured.

Welcome LWHL. We are a friendly bunch here, differing views at times but pretty much always well debated/discussed (unless your Grammar is bad like mine :) )

John Mac just said the share price would double it at the wrong time. If he had said it in April 2020 he would have been spot on. Mistimed not incorrect!! :) :)

PS - I thouhgt he said it would double in 3 years.

https://news.sky.com/story/barclays-boss-venkat-to-receive-cancer-treatment-in-new-york-12757178

So this is in the statement so no direct change in the 3% levey but will pay more as Corp Tax increased

Bank Corporation Tax Surcharge - Following the decision to proceed with the Corporation Tax rate increase to 25% from April 2023, the changes to the Bank Corporation Tax Surcharge which are legislated to take effect from the same point will also go ahead. This means that from April 2023, banks will be charged an additional 3% rate on their profits above £100 million – meaning that they will continue to pay a higher combined rate of corporation tax than most other companies, and a higher rate than they did previously.

Fanks for the advice Bloggins :)

I will try and do as you say and head back to a school tomorrow morning.

Will let you know how I get on (if I don't get arretsed)

I read JayK mention the gap to fill at c156. It seems to be hitting the fence there and dropping back at the moment.

It was a spot on call, you did say mid 150s! Its getting there.

Can get 5% at Barclays (granted not on much!!)

https://www.which.co.uk/news/article/new-barclays-instant-access-savings-account-tops-5-interest-but-it-comes-with-caveats-a1A627u115jc

I have given up thinking that I can predict anything with the markets.

Excellent results and we are down (more so than other banks!)

There is always some bad news thrown in the mix!

Solid set of results announced but we cant just have those!!!!

I think we will see it drop back over next few days. 150 seems to be the ceiling at the minute.

I do think though that when Q3 are announced next week it will break through the 150. If we are arround the 149/150 mark at close the day before results then we may get to 155.

(All guess work really so DYOR :) )

Seems to have done the job (for now!)

I read yesterday somewhere that today could be another Black Monday.

I did know that Jay K but a quick type back to Reducer and wasnt thinking straight!! Thanks

There was resistance albeit very slightly below.

Reading the article again, I am not sure we will see 325 any time soon though! Thats what they see as fair value.