Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Toad
Some truth in that.
If it were for oil majors, miners and Astra Zeneca, the ftse would be trading at sub 6000 now.
About 900 points lower than in 1999
Since then the
Dax has tripled
Dow has quadrupled.
Make of that what you will.
Note that I do not make personal attacks against posters, but I do criticize companies and warn people about turkeys (the trick with turkeys is spotting them before they go in the oven)
Whether people pay any attention is up to them.
And the same can be said for every one with an opinion.
Sure sign of a novice, when people take it as a personal affront if a poster blowtorches a terminally underperforming share.
Learn from this.
1. If you own a share it’s NOT your wife.
2. The shares you own DON’T Know you exist.
“I expect a real good kicking on the share price tomorrow.”
However good the results are the UK market with find a pretext to smash the shareprice down.
I just hope they announce a huge share buyback to capitalise on the opportunity.
Trojan
In my mind, the best way companies can retaliate against an index is to buy huge amounts of shares back for peanuts. I know the dividend won’t be scrapped, but it would be better spent buying shares back.
British indexes are toxic. Engines of wealth destruction. Despite being at historical lows and trading at a huge discounts to other global markets, short positions have actually increased recently on UK equities.
The Permabear is being punished for its appalling track record. All the bears in the world come to hunt in the UK. It’s technical trading rather than fundamental. As Jesse Livermore said. Never to low to short, never too high to go long. Forget the fundamentals, focus on the technicals.
Abject
You could have made the same argument when the shareprice was £7. Investing money in dogs ties your money up, money which could be used for better investment opportunities.
As for long term, this dog could just as easily sink to £2 as rise. Long term is losers solace, but the markets with companies that only declined over the long term.
Please don’t think this is a personal attack on you. I’m just reading the shareprice action and it’s not good.
The business model seems to be - pay big dividends twice a year and then deduct 2/3 times that amount from your capital sum invested. Anyone thinking of buying for the dividend should study the term ‘dividend dog’ and invest in something decent instead.
Shark
If you want some humourous, easy reading with an edge, check “The Death Of Bitcoin - cryptocurrency’s endgame”On Amazon.
Authored by none other than Toff Appleton.
A visionary tale of crypto’s demise.
Shark
“that’s if we don’t have a nuclear war, global disease, asteroid impact etc.”
And it’s not a foregone conclusion.
Hate to sound like a profit of doom, but global peace is on a precipice right now, the whole lot could come crashing down and take markets with it.
Even though uk shares are bombed out, trade at all time historical lows and get smashed by the market almost every day, they could still take a howling dive.
Treading very cautiously right now, picking off small increments of shares, on weakness, in the handful of companies that actually rise with the Permabear 100.
Middle East looks like the asteroid that’s going to crater markets.
Prophet
I’m talking multinational miners, not exploration/start up outfits. Many of which are mineless (without a mine)
I don’t trade casino chip stocks, in the same way as I wouldn’t trade crypto.
“a) Buying on 16.12.22 and selling on 23.01.23 i.e. in and out in 38 Days.”
Additionally, I note your trade was made 9/10 months ago.
I based my opinion on recent price action.
Stocks are in a constant state of flux. A good trade today doesn’t necessarily mean a good trade tomorrow.
“b) What your actual stake is?“
Altrusic
For stocks that don’t fluctuate much you need to buy higher volumes to make a worthwhile profit, as you have demonstrated. In that respect you are correct, but for those without the available sums as yourself, there are better short term trades in the uk markets. Most notably mining stocks.
“I trade Barclays all the time, buy around 145, sell around 162”
Likely story. Barclays doesn’t fluctuate enough to make it worthwhile as a short term trade. There’re much better options in U.K. markets.
Buy all the time at 145?
When was the last time Barclays was 145
Sell all the time at 162 - same again - how often does it reach that level.
Certainly not all the time.
Additionally catching tops and bottoms are like chasing unicorns. Out of all the thousands of trades I’ve executed I’ve only ever caught tops and bottoms a handful of times (by accident)
When you start fretting over tops and bottoms, you’re finished in this game.
“and all the pension funds would drop Barclays like its hot forcing the share price to plumet”
Even better, the more the market hammers it down the more shares you can buy back. Take it from me, there’s an incredibly convincing argument to buy shares back when your shares are trading on around 4p/e
Novices often overlook the upsides of share buybacks.
My guess is Barclays will announce a billion pound buyback in its next trading update.
But of course the dividend won’t be cancelled.
Barclays business model is very different to NatWest and Lloyds, which are both domestically centred retail bankers. Barclays makes most of its revenue overseas too, making it an ideal for for a US market listing.
Barclays is first and foremost an investment bank with a retail arm attached. Unlike credit Suisse and Deutsche bank, which are the nearest comparable banking models, Barclays has been able to compete with the American giants. Their Lehman's acquisition really bolstered their presence and operations in America.
But, as we’ve seen, no matter how successful the results, no matter how high the profits, if you hitch your wagon to the ftse 100 cesspit, your share performance will stagnate, or plunge into decline.
If their results smash expectations the shareprice might rise a penny. If they come in a fraction short market makers will mark them down ten percent.
Two factors that amaze me.
1. Given Barclays track record of delivering in all departments, why haven’t JPM or GS made a takeover bid. The bank is the cheapest stock in the bombed out Permabear 100. It trades for chump change. At an eye watering discount to its American peers. I suggest the reason may be political. Slimy politicians have politicized the banking sector since the financial crisis. Meddling politicians are the albatross around Barclays neck. With Barclays shareprice in the doldrums, a £3 a share bid should be enough for a successful bid, whereas if it were fairly priced it would need £5.50 bid. Any bank that bought it would make about £14 billion instantly, even with the buyout premium factored in.
2. I hold some, but would not trade Barclays because the shareprice is painted into a corner, and has been for a very long time. If I were on the board, I would cancel all dividends and use the billions for a massive share buyback program. I know they’ve been buying a lot of shares back, but when the market has priced them at less than half their real value, they should be bought back en masse.
“I have switched bank accounts several times in the past few years but never even considered Barclays”
But did Barclays consider you?
Sid,
“Barclays among major banks reportedly sitting out latest wave of buyouts”
I used to work for Barclays as a forex trader when they were domiciled in Lombard Street, before they upped sticks to Canary Wharf. Used to chat to the derivative guys in the pubs at lunchtime.
Believe me, their investment bank is rich in expertise. Unlike DB & CS(R.I.P)
The difference in making billions and losing billions is in the personnel.
Bhavik
That’s a hell of a lot of words for someone with absolutely nothing to say.
Qantas
It might be an idea to research the difference between Barclays and Barclays the surname:-))
Opened a trade at 354 yesterday.
Very few U.K. stocks give short term traders opportunity to make relatively quick money.
Darktrace is one of them.
I’d imagine it’s popular amongst short term traders like myself.
Nat Rothchilds
Volex!
In my mind it’s not a good day to buy shares (not because it’s the 13th)
A pivotal point has been reached in the Middle East.
It could blow up over the weekend.
Oil stocks have soared signalling rising oil prices.
The despicable treatment of the Palestinians by the Israelis could well result in OPEC countries depriving oil to the west. That’s my prediction.
Remember the oil shock in the 70s?
Nor do I. But the current crisis looks like the sequel.
Not the time to buy anything now apart from oil
And cyber security - Darktrace.
quantas
if only barclays were priced on a us bank metric
it would be north of three pound now.
but this is the country that voted for brex****.
a country with a huge intelligence deficit v