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

A close above 190 would be nice.

why not? gl

Harry/Cynic. Not sure your reading of CGT is correct. Apart from the same day and 30 day dealings, the rest as I understand it are basically pooled into one "pot" for CGT purposes (including any held since before 31 March 1982 as at price on that date). Worth checking before any major disposals!

For starters - Shares and Capital Gains Tax

partridge, I am basically correct, I think, as my accountant punches the info into the HMRC software and produces a printout which reduces the balance of each of my holdings, starting from the earliest purchases, in order to contra quantity and then calculate profit or loss. I have greatly over simplified though, as there are many exceptions and permuations depending on lots of criteria. The pot that you talk about is, I believe, only relevant if you sell all of your holding at the same time. If you only sell in stages, then there has to be a drawdown system.
The point was really that Tanker's part sale of BARC would not necessarily have been sold at a profit as his earlier purchases were at a higher price than that at which he recently sold.

Lets hope this break out continues

harry i chose the right account to sell you are correct .if i bought at 250p in one account and one at 200p and one at 140p i would work out which to sell .before going over the 10.2k profit in each year that is over 40k in all

we are now thinging of giving some shares each year to our grand children about 5 k each ever year

tanker i think it is great to look after your family like this - keep it up

fitch report today should not affect barc hardly if at all - i would not wanna be in some of the others at the moment for now - barcs will continue to hold up only twitching of the nervy here today lol

excellent...............

Fitch has brought forward its statement about the UK banks. The biggest headline is that both the state-backed banks Lloyds and RBS have had their long-term ratings downgraded to A from AA-.

I've pasted the statement below:

Fitch Lowers UK Support Rating Floors; Downgrades Lloyds, RBS to A

Fitch Ratings London 13 October 2011: Fitch Ratings has lowered its Support Rating Floors (SRF) for systemically important UK banks to A from AA- and A . As a result, Lloyds Banking Group plcs (LBG) and Royal Bank of Scotland Group plcs (RBSG) Long-term Issuer Default Ratings (IDR) have been downgraded to A from AA-. Separately, Fitch has also placed Barclays plcs IDR and Viability Rating (VR) on Rating Watch Negative (RWN). A full list of rating actions is at the end of this comment.

The revision of the SRFs reflects Fitchs view that support dynamics are changing in the UK. The banking system is not only large relative to the UK economy, but there is also more advanced political will to reduce the implicit support for the countrys banks, building on The Banking Act 2009 and, more recently the various policy recommendations of the Independent Commission on Banking (ICB). Although Fitch has affirmed the 1 Support Ratings of the largest UK banks, indicating that support for these banks is likely to remain high until elements of the UK banking sector complete their rehabilitation and some of the more practical aspects of bank resolution can be implemented, the lower SRF indicates that the potential for the provision of extraordinary support for senior bank creditors is relatively less certain than before. Most smaller UK banks and building societies already have the lowest Support Ratings of 5, reflecting Fitchs opinion that support for senior creditors cannot be relied upon.

The downgrades of LBG and RBSG reflect the revision of their SRF as their current VRs are below that (both at bbb). Both of these banking groups have shown steady improvement in their risk profiles and prospects over the past two years and, assuming there is no major fallout from the euro zone crisis, for example, ought to be able to achieve higher VRs over the medium- and long-term. Fitch preserved a one notch difference between RBSGs Long-term IDR and its major subsidiaries in the US and Ireland but equalised the short-term IDRs of these entities with that of the group to reflect its expectation that the support will remain stronger in the short-term.

Barclays IDRs and VRs reflect the groups strong UK franchise, broad business mix, robust profitability, solid liquidity and sophisticated risk management. They also consider the earnings and risk volatility in its investment banking division, Barclays Capital (BarCap). The RWN on Barclays IDRs and VRs reflects Fitchs view that global trading and universal banks have business models that are particularly sensitive to market sentiment and confidence, that are complex and exposed to greater volatility. They will be resolved in a reasonably short timeframe.
With the exception of Barclays, where Fitchs rating actions are taken in light of the agencys full criteria, all other rating actions have considered only the parts of the criteria that deal with support.

In Fitchs rating framework, a banks intrinsic creditworthiness is reflected in its Viability Rating, while the potential for extraordinary sovereign support is reflected in its Support Rating Floor. Its IDR is the higher of the two.

this is real good news for barcs!!!! yeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

Barclays IDRs and VRs reflect the groups strong UK franchise, broad business mix, robust profitability, solid liquidity and sophisticated risk management. They also consider the earnings and risk volatility in its investment banking division, Barclays Capital (BarCap). The RWN on Barclays IDRs and VRs reflects Fitchs view that global trading and universal banks have business models that are particularly sensitive to market sentiment and confidence, that are complex and exposed to greater volatility. They will be resolved in a reasonably short timeframe.

get 'em in!!!!

barcs told me this in an e mail weeksago which i osted for a short while .
and i have been posting this for weeks . under valued by at least 200p .

all ways remember this FUND MANAGERS ARE RUBBISH and only buy at the top .
that is why pensions are for fools .i would not give them one penny of my cash .
a child of 2 could do no worse than them.

y the way a fund manager will never challenge this

before i sign off fo the club.
barcs will be picking up a few bargains soon from these french and german banks

most likely - enjoy

go barcs gooooooooooooooooooooooo!!!!!!!!!!!!!!!!!!!!!


more good news - slovakia to approve the bail out!!!!!!!!!!!!!!!!!!!! used notes and brown envelopes have won the day again!!!! yeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaa
Oct 13, 2011 2:40 PM GMT+0100 .
Slovakia will approve Europes enhanced bailout fund today or tomorrow, completing the ratification process across the 17 euro countries as the regions leaders prepare for a summit this month.

Lawmakers began meeting at 3 p.m. Bratislava time to vote on a motion to hold early elections on March 10. Prime Minister Iveta Radicovas SDKU party agreed to bring up the vote by more than two years in exchange for opposition support for the European Financial Stability Facility after parliament failed to approve the measures on Oct. 11. No time has been set for the vote on changing the election date, nor on the EFSF.

Enhancing the powers of the EFSF, the temporary bailout fund, is crucial for adopting the key element in the strategy to prevent contagion from the debt crisis that has spread from Greece to other countries in the region. European Commission President Jose Barroso yesterday called for a reinforcement of crisis-hit banks, the payout of a sixth loan to Greece and a faster start for a permanent rescue fund to ease debt woes.

The second vote in Slovakia will pave the way for the EFSF, however, that does not constitute a solution, Lutz Karpowitz, an analyst at Commerzbank AG in Frankfurt, wrote in an e-mailed note. The EFSF would still be too small to support countries like Italy or Spain should the necessity arise. The recent recovery of the euro seems to have gone rather far considering the news flow.