Author Topic: BARC (London) = Barclays  (Read 5426 times)

John Hjorth

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Re: BARC (London) = Barclays
« Reply #20 on: July 11, 2018, 02:13:27 PM »
Hi ajc,

I'm sorry for a long overdue reply here. First of all, thank you for all your contributions in this topic here on CoBF. At least to me, certainly interesting investment based on basic metrics.

Right now, it's basically in the toilet again.

I think it was most of my Thursday last week, that I did devote to looking at BARC, and let me just be totally honest & sincere here, by posting: I ended up both confused and exhausted [So many changes and moving parts during 2017]. My basis was the 2017 Financials, combined with the 2018Q1 reporting.

In short, my problem is: "How will this bank look with regard to earnings, going forward from here?" [Being cheap on metrics does not do the trick alone for us - We need the bank to make money to us! - At best, just CASH, coming in, to be distributed to us!]

I'll look at it again, when we have some 2018H1 numbers [soon! [ : - ) ]], and I hope you'll be willing to discuss. [ : - ) ]
« Last Edit: July 11, 2018, 02:45:49 PM by John Hjorth »
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Spekulatius

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Re: BARC (London) = Barclays
« Reply #21 on: July 11, 2018, 06:15:20 PM »
Hi ajc,

I'm sorry for a long overdue reply here. First of all, thank you for all your contributions in this topic here on CoBF. At least to me, certainly interesting investment based on basic metrics.

Right now, it's basically in the toilet again.

I think it was most of my Thursday last week, that I did devote to looking at BARC, and let me just be totally honest & sincere here, by posting: I ended up both confused and exhausted [So many changes and moving parts during 2017]. My basis was the 2017 Financials, combined with the 2018Q1 reporting.

In short, my problem is: "How will this bank look with regard to earnings, going forward from here?" [Being cheap on metrics does not do the trick alone for us - We need the bank to make money to us! - At best, just CASH, coming in, to be distributed to us!]

I'll look at it again, when we have some 2018H1 numbers [soon! [ : - ) ]], and I hope you'll be willing to discuss. [ : - ) ]

Right now BCS is making money for the benefitofnalmost anyone, except shareholders. The big question is when is this going to change? Lloyd’s bank appears to be much further ahead with the resolution of their issues, so I would simply buy Lloyd’s stock, before even considering Barclays.
To be a realist, one has to believe in miracles.