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

Anyone buying property should offer 20% less than the asking price.

bm at least 33% they will be desperate because if you are unemployed you do not want to own anything spend or put your money under your bed .
fre rent free council tax and other benefits .remember if they are over 45 no one will ever employ them again .so spend and rent if you live week to week .
if you dont you may has well be dead

Morgan Stanley note out today:
We see value in Barclays at 0.5x 11e TNAV with a 9.6% RoTE in 2012e. We expect a re-rating, as we believe ringfencing implementation may be delayed, and perhaps a leg up if sovereign fears abate. However, remaining conscious of risks, we cut 2012e EPS 12% on weak i-bank revenues and factor in a 1bn fall in value of the BLK stake in 3Q11.

We cut our 2011e Barclays Capital revenues by 8%, after a weak July/August. We now factor in only 11.2bn of Barclays Capital total income for 2011e (down 15% vs 2010) with FICC revenue down 20% y/y, IBD -12%.

There are plenty of other issues out there too, including 1. Elevated funding costs indicators with CDS spreads at 247bps (Dec 10: 121bps); 2. Around 3.3bn hit to TNAV from pension deficit, BlackRock stake revaluation and potential Lehman /FHFA settlements; 3. Peripheral Europe exposure (172% of TNAV) though this is mainly lower risk Spain / Italy retail mortgages.

Barclays does not need to hit anything close to the 15% RoTE target to rally: We are naturally disappointed by the recent stock performance, but we do see value from these levels. Our forecasts are below consensus, but the stock has fallen 48% in the last 6m vs 2012 EPS revisions only down 12%, indicating the stock already anticipate material earning cuts.
We prefer Barclays of the domestic UK banks at 0.5x diluted tangible NAV (Dec 11e 329p), given a stronger funding profile, less problematic CRE exposure and more fear priced ahead of the ICB, which we believe would see significant delay to potentially radical proposals. We remain cautious on Lloyds (UW) / RBS (EW).

W are naturally dis appointed..

unquote..

lol..

lol..

1 coming boys. Down another 6.92% today.

.

Wow down 8.14% now

142.10 12 month low.

I blame Obanana.

Was up Obama.

Evolution Securities initiates buy on Royal Bank of Scotland, target price 40p.

Evolution Securities initiates buy on Barclays, target price 280p.

Evolution Securities initiates buy on Lloyds Banking Group, target price 50p.

lol.

Barclays down to 144p tonight and the DOW down 300 points where to now..?

futher down most likely - cant say i completely agree with morgan stan note though - still they have their reasons
have a good weekend all

The next leg down on the chart suggests a nw low of 80p.

French banks taking a beating this am bringing UK banks down.

there is one CERT this gov will never get back in
myself and all the people i drink and meet are torys and members
but we have been told to many lies by this part
immigration . lies
deportation.lies
crime lies
eu vote lies
business .lies
feeling there own pockets . true
i am now ashamed to say we voted for these liars .
we are moving to the UKIP PARTY

Some to the BNP

i lost 4 uncles in the last war in the desert .
and my farther raf man .
they all died invane .
we the true brittish now have no country .
but i might not see it but it will end up like libya

The UK is F*****