Should i buy Lloyds and Barclays shares?

cashbackproblems

grizzly1911 wrote: »

Is there any ongoing management fees with these over and abovethe trade fee?

No not for shares.

To the OP, you cant compare RBS share price now to the past as many more shares are in issue and they do not have the same value assets.

BUT IMO RBS and Barc are both rock bottom prices so the only way is up, personally i got fed up with RBS stuck at 40-50p so sold last yr especially as they are not paying a divi, but Barc i still hold at a high average and 100% confident it will increase in 2yrs.

grizzly1911

cashbackproblems wrote: »

No not for shares.

To the OP, you cant compare RBS share price now to the past as many more shares are in issue and they do not have the same value assets.

BUT IMO RBS and Barc are both rock bottom prices so the only way is up, personally i got fed up with RBS stuck at 40-50p so sold last yr especially as they are not paying a divi, but Barc i still hold at a high average and 100% confident it will increase in 2yrs.

Thanks for the answer.

As for Barclays I think they will come back too I am too committed to let go just lucky it is only a part of the portfolio and I don't need em.

grizzly1911

opinions4u wrote: »

- and start thinking 10 years not 10 months. I'm not promising that you'll be a millionaire next month, but finding a broader investment base than 2 banks with major disabilities is where I'd start. Utilising your ISA allowance.

Good post.

That last comment need to be written in Advisor speak - think long term - because I will be long gone when you cash them in.

I have had many fund, spread wide over some pretty long periods and their performance is less than exciting across the piece. The management companies are doing nicely though;)

property.advert

I like Barclays but the issue in play here is how far they need to segregate Barclays Capital and just what effect that has on the funding requirements for the retail bank.

It is on my list of shares to dip into if a couple more numbers change in their favour.

gadgetmind

cashbackproblems wrote: »

i got fed up with RBS stuck at 40-50p so sold last yr especially as they are not paying a divi

A good call as they can't start paying a divi on the ordinaries for 12 months after they fail to pay a divi on their preference shares. I'm therefore holding some LLPC, which should start paying before anything else, and which will be on a great yield when they do start paying.

Of course, we live in interesting times, time so interesting that companies and governments seem to think they can unilaterally rewrite the terms of some of their capital while giving more junior tiers an easy ride.

bayan

Спасибо, полезный материал. Добавил в закладки.

gadgetmind

That seems to be the Russian for, "Thanks, useful stuff, added to bookmarks."

ukmike

Didn't know they speak Russian in Papua New Guinea!

Thrugelmir

ckyuen wrote: »

and I noticed the trends of going up and down at least 1/3 of its price in a number of occasions during the past 2 years therefore I thought this is a good opportunity to invest in as a short term (within a year) investment - anyone agree?

At the height of the Dot Com boom BT traded around the £15.60p level. On Friday share price closed at £1.95p.

So would you regard current price as a buy signal?

gadgetmind

Thrugelmir wrote: »

So would you regard current price as a buy signal?

It's on a pretty reasonable forward yield of 4.4% but I've personally always shied away because fixed line isn't exactly a growth market and there is too much regulation and competition for the dividends to be guaranteed. They also used to have large pension deficits which is only slowly improving.

However, in a larger yield oriented portfolio, I can see it adding some diversity.