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Barclays Shares

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  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glen_Clark wrote: »
    How can paying dividends they can't afford show 'Good Faith'

    Banks need to pay less in bonuses and more in dividends to shareholders. Shareholders in banks have had a raw deal over the past 15 - 20 years.

    Barclays share price in December 1997 was around 395p.

    The fees paid in fund raising deal is under scrutiny by the SFO. So possibly some more bad news yet to come.

    Barclays is getting hit from all directions. Still someway to go before being cleansed of Bob Diamonds reign. Lloyds and RBS offer better recovery plays.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    Thrugelmir wrote: »
    The fees paid in fund raising deal is under scrutiny by the SFO.
    FT says Barclays are paying £150 million in fees for this Rights Issue - and thats only raising half of what they need.. Yet they are talking about paying another dividend the following year. Talk about taking money with one hand and giving it with another. Still at least all this money going backwards and forwards greases a few palms along the way ;)
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • MurrayJ2013
    MurrayJ2013 Posts: 11 Forumite
    lvader wrote: »
    I bought today.

    Bit worried when people say stuff like this without explaining. It may have took a hit today, wasn't HUGE - but I hope there is an underlying reason why you bought other than the dip?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glen_Clark wrote: »
    FT says Barclays are paying £150 million in fees for this Rights Issue - and thats only raising half of what they need.. Yet they are talking about paying another dividend the following year. Talk about taking money with one hand and giving it with another. Still at least all this money going backwards and forwards greases a few palms along the way ;)

    In 2012, 1,388 employees of Barclays earnt in excess of £500,000. :cool:

    Barclays is proposing to adopt a plan , like HSBC. Where bonus payments are rolled up in shares annually, then vested either when they retire or a suitable time after they leave.

    Capitalising reserves into shares, obviously strengthens regulatory capital for Basle 3.
  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    The price will dip again when it goes ex-rights. Anyone buying now and not intending to take up their entitlement will have their holding diluted.
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.



  • Norman_Castle
    Norman_Castle Posts: 11,871 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Ark_Welder wrote: »
    The price will dip again when it goes ex-rights. Anyone buying now and not intending to take up their entitlement will have their holding diluted.
    Financial news radio reporter said it was good for shareholders and he would take the option to buy more. I expect you are talking about the same thing . Any further info on this?
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    Short term "borrowing" to be repaid out of chunky future dividends.

    I think the return on capital could be very strong here.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    Thrugelmir wrote: »
    Lloyds and RBS offer better recovery plays.
    Yes I think so too. The Government will continue to throw taxpayers money at HBOS and RBS because they want to sell the shares at a so called 'profit'. They won't be so keen to keep Barclays share price up. Barclays Management are obviously keen to keep the share price up (which makes me wonder what else they are hiding) but they don't have so much taxpayers money to do it with.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    opinions4u wrote: »
    I think the return on capital could be very strong here.

    So why have Barclays Middle Eastern friends sold their shares? They bought in at about 50p so I guess they know more than us?
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    edited 30 July 2013 at 9:18PM
    Glen_Clark wrote: »
    So why have Barclays Middle Eastern friends sold their shares? They bought in at about 50p so I guess they know more than us?
    Watch them buy back in on the cheap!
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