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Bruce Banner

Barclays Shares Down 11% Today

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If you ignore the bailout/failure angles (which I appreciate are quite large to ignore) then they have a dividend yield of about 3.5% even with their peppercorn dividend. Better than you'd get in one of their savings accounts.

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Plus at that level, possible capital appreciation.

And longer term, dividend appreciation. I don't have the cojones to put a meaningful investment into them but this might be a "once in a lifetime" moment for Barclays*.

*Or it might not, they may be the bank requesting emergency funds from the ECB and may go bust next week...

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And longer term, dividend appreciation. I don't have the cojones to put a meaningful investment into them but this might be a "once in a lifetime" moment for Barclays*.

*Or it might not, they may be the bank requesting emergency funds from the ECB and may go bust next week...

They were much lower two years ago.... http://uk.finance.yahoo.com/q/bc?s=BARC.L&t=5y&l=on&z=l&q=l&c=

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And longer term, dividend appreciation. I don't have the cojones to put a meaningful investment into them but this might be a "once in a lifetime" moment for Barclays*.

*Or it might not, they may be the bank requesting emergency funds from the ECB and may go bust next week...

Hardly once in a lifetime, you've had plenty of goes at it below that so far.

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The only people who invest in Barclays shares must be people who don't like money or like to be abused.

It seems like they see their investment used as a stake by bankers to bet in a casino. If the bets win they see little of the profits but if they lose they pay for the losses.

Share price down 70%+ since 2007 and when they have a good year the bankers take the profits in bonuses.

The disparity of rewards has become more marked since the financial crisis. In 2007, the final year before the meltdown, shareholders received £2.23bn and BarCap's 16,200 investment bankers took home £1.3bn in bonuses. By 2009, bonuses had reached £2.2bn but shareholders received just £285m.

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/8324166/Barclays-facing-investor-backlash-over-bonuses.html

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Hardly once in a lifetime, you've had plenty of goes at it below that so far.

OK I retract the "once in a lifetime" comment - poorly thought out. It might prove to be a good time to buy some is what I was trying to say.

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Typical dead cat if you ask me, they went from £7 to 50p back to £4, now haeding back to 50p imo, only this time they will stay there, bouncing along between 50p and £1 until there is either a miraculous recovery or they go bust/get taken over. Just my opinion though, as this whole sorry mess unwinds, i expect some big name banks to go to the wall once and for all.

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Wonder what what share price they would they fold RBS and Lloyds Bank by throwing in the towel and declare them both bankrupt. Bradford and Bingley was 20p when they went also something big has happened today, the big players know about it so we will probably find out next Tuesday or Wednesday wonder if its Bank related.

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Wonder what what share price they would they fold RBS and Lloyds Bank by throwing in the towel and declare them both bankrupt. Bradford and Bingley was 20p when they went also something big has happened today, the big players know about it so we will probably find out next Tuesday or Wednesday wonder if its Bank related.

the number of pennies is irrelevant. its about market cap.

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Bob Diamond sat there in front of the treasury select committee and said "The time for remorse is over".

He meant for Bob Diamond- for the rest of us the time for remorse is just beginning as we discover we should have let those f*ckers go down rather than bail them out. :angry:

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the number of pennies is irrelevant. its about market cap.

Yes you are quite correct should have just worded the post when do they throw in the towel :lol:

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Yes you are quite correct should have just worded the post when do they throw in the towel :lol:

yes i was being a pedant :P

its a good question actually. if in doubt, dont own the shares :lol:

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Tell me, just how much cash did Barclays take from the UK Taxpayer please, as I can't find the figure anywhere?

Barclays is privately held... it took no capital injection from the government - unlike RBS and Lloyds. They did accept a large injection of capital from a middle/near eastern private source - though I can't find a reference now... it was reported in the papers at the time.

Conversely, it's far more difficult to establish the extent to which they were accommodated by the BoE, the Fed and ECB... It's also difficult to establish the extent to which they were the beneficiaries of general support to the sector.

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Yes, I thought that was the case. ;)

People should be pleased they didn't directly suck from the tit of the UK Tax payer, admittedly they did take a few quid from the Arabs, but hey, they screw us every time we fill up our tanks so who cares.. <_<

No they survived via the Fed instead... :ph34r:

Although it would be interesting to know how much money they had off the BoE as well.

Plus they got a nice oil Sheik to stump up some cash as well.

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Well the Fed's not us is it?

And have they not paid it back already?

As has been stated they didn't take any off the BoE, unless you can direct me to documents which show otherwise, I would be genuinely interested. :)

Come on, Bob, haven't you got a bank to run?

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ah yes, I remember telling the wifey what an idiot her father was when saying that we should be buying barclays at 5Xp. I told her that if bank shares that had been worth £7 could drop to 50p then there was nothing to stop them becoming penny shares or worse.

I did go long with a small spreadbet though but she never knew about that :)

Barclays need to get themselves some free government backing so that everyone knows that they are guaranteed against failing - it is working for lloyds, they should be worth 1p now at best :D

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Well the Fed's not us is it?

And have they not paid it back already?

As has been stated they didn't take any off the BoE, unless you can direct me to documents which show otherwise, I would be genuinely interested. :)

Now you've hit a problem, the BoE can operate in secret, we are into the realms of speculation and rumour which cannot be proved.

Yep Barclays have repaid the cash, but has that been with QE money it's won at the casino wheel? Which would mean it's paid the Fed back with the Feds own cash...

Dissembling this mess is very difficult it's hard to know who's telling the truth and who's lying. There is also the issue that the whole system is interlinked and some players are key like AIG.

Without transparency you cannot make any judgements, the question is do you trust Barclays at the moment it's clear the market doesn't.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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