barclays will ge coming out with trading update on 07.05.2009 It is expected to report profits higher than market expectations.

A good Buy Medium to Long term

so winning the court case and now not under a 6b cloud is nothing .

1500 div today .what are the other divs going to be any one

Next dividend payment is 18/March @2.5p

there's one div on lloyds....

260p on the cards again, maybe.

Massive earthquake or seaquake in Japan guys !....

Part of the broker note from Merrill Lynch:
"Barclays remains the top pick
The investment case for the UK banks has converged somewhat. Investors now need to assess which banks have a more credible route back to a >15% return. In this Bankwatch we complement the usual trend analysis with a close look at RoE, as well as trends from the FY10 results. In our view, a >15% RoNAV is easier than the market expects at Barclays; with strong credit quality and little balance sheet restructuring required, we think this offers the most compelling investment case. Whilst the ICB may recommend a more rigid corporate structure, we think the government unlikely to impose subsidiaries structures unilaterally of the G20. If it did, we believe this could be the straw that broke the camels back and banks like HSBC, StanChart and Barclays might look to exit the UK. With Barclays shares falling post a better set of results we reiterate BUY with a 500p PO. On a risk/reward basis, we think Lloyds is the next most compelling: with expectations rebased, the new CEO is unlikely to disappoint at the June strategy day. Equally, with expectations lowered at HSBC, its shares look very attractive if management can give more comfort on costs at the May investor day.

Barclays is among a group of investors weighing a rival bid for a portfolio of mortgage-backed securities that has already drawn a $15.7bn offer from AIG, people familiar with the matter said. The securities are owned by the Federal Reserve Bank of New York and housed within Maiden Lane II, one of the special-purpose vehicles created as part of the insurers $180bn rescue during the financial crisis, the FT reports.


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just added 8273 at time 10.03 at 285.15p

can any one tell me the next ex div date please.

can any one tell me the next ex div date please.

Barclays seems to distribute dividends quarterly. It seems mid May then followed by Mid August. The actual date is not known but ususally follows around 13 days after the results are announced.

thanks. I dont post very much .

i thing is it 20th may

Deutsche Bank note out today on the ICB report:

The ICB recommends that banks hold at least 10% core tier 1 capital plus further loss absorbing debt, in line with our expectations. More controversially, it also says that ‐ subject to decent resolution plans ‐ that banks should be allowed to run wholesale and investment banking operations at levels consistent with international peers (lower if necessary). We expect this to be unpopular recommendation in some political circles.

On structure, the report does not require "structural radicalism" where ibanking is entirely separated from the group, which is positive. Instead, the recommendation is for UK retail banking only to be held in a separate subsidiary and hold more than 10% core tier 1 capital. But, once this level is achieved, capital may flow freely between this subsidiary and the rest of the group. The fact that all non‐UK‐Retail banking operations could be folded into bank funding operations means a more manageable cost to the sector than if the investment bank had been required to fund on a standalone basis.

The commission is recommending that LBG be required to "enhance" its disposal to ensure that the resulting company is a real competitor; this appears to include attaching better funding (DBe: deposits plus term funding) and more market share. This is problematic in that the scale of required increase in size and funding is not stated, making analysis largely futile; it also means that, unless LBG can procure separate term funding for the disposal unit, the sale would leave rump LBG weaker than before. We believe that the ICB will allow for it (i.e. term funding may replace deposits), but remains a source of uncertainty for now. We estimate that the current disposal unit, adjudged too small by the ICB, earns 1.1bn a year pre‐tax out of estimated Core normalised PBT of 9.1bn. So, for example, a 50% increase in disposal unit size would reduce earnings by ~6%.
Net net, we see the report as broadly positive, but especially for Barclays and RBS, with lingering uncertainties as to the impact on LBG.

it isnot good for barcs i have sold more look to get in lower.

barc made 2b profit in q1

good rise tomorrow 25p

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

Interim Management Statement.