Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services. Company operates in over 60 countries and employs over 78,000 people.

            Red = 25 day moving average.           Green = 200 day moving average.

think this will be over 100p first thing tomoro...still way under valued

I think the short sellers will be on this one Tuesday hope so for my sake

February 9th not far away shorters will take profits before then just in case.

Whooa!
This frenzy is on the basis of the Management telling shareholders BARC will tell us "Last-Year" they maked money - Well, what a surprise! This was never in doubt; it's the future that matters, otherwise any BARC stock bought now will slip as soon as a dividend appears...and that's not entiely certain....and could be negated by a subsequent fall.
Other than news this good - what is there?
. . . .A bank that's in hock to Arabs and with little sources of new-profits....for the next reporting season. And a Management that uis happy to look at results in the next month, with little attention to the next year, ie Jan2010.
I suspectr the Buying frenzy is shorters preparing themselves for the inevitible peak as the results appears, mid Feb.....DYOR.

where's the risistance? 128p?

hangon is it any different for BARC to have middle eastern shareholders to HSBC having chinese shareholders? International companies always have foreign shareholders, grow up.

so whts the feeling - do we get a good run on increased share price up to feb statement?

Profit taking today I fear but who knows the Board are very upbeat.

profit taking my ass...150p by friday...show me the resistance dude

Comment.

Maestro , dunno about Friday but 150p certainly looks possible.

In auction.

Based on yesterdays statement of profits well in excess of 5.2 billion then anyone know what the EPS and dividend is likely to be.

My calculation - just under 8.4 billion shares in issue, so if (IF) it were to make perhaps 4.2Billion after tax that would give it EPS of 50p, put it on a P/E of 2 and say a 10p dividend would provide yield of 10% at 1.Happy to stand corrected! I hold.

Sold out far too early yesterday...busy with other things so missed most of rise, blast it !.

Cheers partridge , would that 10p be just the final divi or total divi ?

Dil - If they really do have the situation under control, hope that with finals next week a reference to possible interim dividend payable next October (final for this year already scrapped). Doubt any figure put on it, but I would be (pleasantly) surprised if they paid more than 10p for the whole of 2009

Cheers partridge .

Time to sell now fellas.

Hi ya what date is the divi and what date do you have to own them, and the earliest you can sell Thanks