Barclays Shares

cashbackproblems

Buzza2009 wrote: »

Ok, thanks for your help. Im thinking of buying them from Halifax share dealing account. Would you recommend any different sites?

Thanks once again.

iii.co.uk are the cheapest, if you set the trade the day before its only £1.50!

sabretoothtigger

Thats same as halifax pretty much

Barclays went 50p-£3 in two years, Lloyds do have more issues

lloyds can never go back to 300, the two banks are very different

im new to buying shares

Dont buy one single high risk share as your first try. Barclays is one of the worlds largest investment banks, half of it is based on wall street. Many parts of it are spread around the world also in places like zimbawae

Could be this is the year for banks to regain alot, I have thought that. In that case I recommend you find a fund which is very highly invested in barclays in its portfolio, let a manager handle the risk and trade them for you.
A fund is much less high risk and will own more then one share, single shares should be in the minority for anyone new

http://www.bestinvest.co.uk/investment-research/fund-research/search/comment.aspx?FundType=UnitTrustAndOeic&FundName=Financials


Range for Barc for last 18 months has been 250 to 390. Yes its towards the bottom of that but I think if you do buy one share, buy it more then once. 12 purchases over the next twelve months would improve your chances of an average gain, regular invest charge is 1.50 as mentioned

jimjames

sabretoothtigger wrote: »

lloyds can never go back to 300, the two banks are very different

Not sure I agree with that, maybe it will take some time but you'd certainly expect with inflation that it will reach that point sometime in the future.

fullstop

6022tivo wrote: »

Unfortunately the government have a agenda with bankers bonuses and this will cause issues for banks, as the best traders and bankers will move offshore.... Best to avoid UK banks for investment at the moment.

Don't really understand how a government can tell a private company what it can and can't pay an employee, but anyway.

It is sad that most of the country are blaming a handful of bankers for the issues the last government left us in... All smoke and mirrors...

Would not put much faith on what any government ministers this lot or the last lot say about bonus payouts, they are pretty powerless to stop them.

They could alter the tax system , but they will always find ways round any new rules.

ses6jwg

jimjames wrote: »

Not sure I agree with that, maybe it will take some time but you'd certainly expect with inflation that it will reach that point sometime in the future.

unless they signficiantly reduce the amount of shares in circulation it is impossible

sabretoothtigger

with inflation that it will reach that point sometime in the future.

Lloyds has 68 billion shares in issue. If we valued them today at £3 each they'd be the largest bank in the world.
I agree inflation will likely help them in a few ways, thats why its there to the detriment of anyone relying on cash

Here is a float adjusted graph for Lloyds which suggests 200 would match an absolute full recovery of fortunes






So LLOY has 12x the amount of shares now then in 2007 and BARC is 1.9x
If we gauge them on price, BARC is the one relatively more accurate to do so.








http://img23.imageshack.us/img23/1391/graphcgicodelecotnlloyl.png
http://img535.imageshack.us/img535/860/graphcgicodelecotnlloy.png
http://img9.imageshack.us/img9/860/graphcgicodelecotnlloy.png
http://img217.imageshack.us/img217/860/graphcgicodelecotnlloy.png
http://img824.imageshack.us/img824/1391/graphcgicodelecotnlloyl.png

IronWolf

ses6jwg wrote: »

unless they signficiantly reduce the amount of shares in circulation it is impossible

Not impossible at all, Ive seen far worse companies valued far more outrageously

sabretoothtigger

Ive not seen many 200bn uk companies.
Would be nice if the world loved our companies to put that much money into them, we dont have the money so it would have to be foreigners. If anything HMG is a seller asap, big supply on any potential demand does not suggest a high valuation

Right now Lloyds is not estimated to be that profitable, if they had that much power over uk banking they'd be split at that point in fact that could be proposed this year I think hence Im waiting for LLOY to drop below 60 really.

For the risk I expect a cheaper price, I do think they'll come good eventually but not without alot of doubts first


Better estimates out there then me, this guy sums up some of the uk banking valuations:
http://www.youtube.com/watch?feature=player_detailpage&v=7d5E1ZPnEi8#t=577s

ChrisEvanson

But as the banks restructure and return to profitability I thought the idea was that HMG 'sell' the shares back to the bank who return their money and destroy the shares, thus reducing the number in circulation?

ChrisEvanson

sabretoothtigger wrote: »

Dont buy one single high risk share as your first try. Barclays is one of the worlds largest investment banks, half of it is based on wall street. Many parts of it are spread around the world also in places like zimbawae

Could be this is the year for banks to regain alot, I have thought that. In that case I recommend you find a fund which is very highly invested in barclays in its portfolio, let a manager handle the risk and trade them for you.
A fund is much less high risk and will own more then one share, single shares should be in the minority for anyone new

http://www.bestinvest.co.uk/investment-research/fund-research/search/comment.aspx?FundType=UnitTrustAndOeic&FundName=Financials


Range for Barc for last 18 months has been 250 to 390. Yes its towards the bottom of that but I think if you do buy one share, buy it more then once. 12 purchases over the next twelve months would improve your chances of an average gain, regular invest charge is 1.50 as mentioned

Personally I will take the risk thanks. I am not investing more than I can afford to lose.... well nobody can afford to lose money but it is savings not earmarked for anything. I have recently read 'The Naked Trader' which in many ways mirrors my thinking before reading the book and I'd rather take the advice of someone who has made hundreds of thousands trading shares himself (who asks why you would want to pay commission to someone else) than someone unknown on here, no disrespect to anyone but the forums are awash with people giving advice, including me, and if we were all right.... well we can't be!

The government will want out of Lloyds and RBS eventually, and the shares in circulation will reduce. If I can double my money over a couple of years or even three then that is fine! If meanwhile Lloyds goes down past 60p I will take the loss and buy back in when it starts to move back up. I don't see this happening though, but admit it is a possibility.

We shall see.