Why I believe the Barclays share price means the bank’s a bargain buy

first_img It has been a tough start to the year for Barclays (LSE:BARC) CEO James “Jes” Staley. Forced to publicly discuss unfortunate links with convicted sex offender Jeffrey Epstein, the Barclays share price has also crashed. However, I think the share price will rebound in the long term if the company is successful in the following areas.Weathering Covid-19Whilst the Barclays share price is now at levels not seen since 2009, the bank is much better capitalised than it was in 2009. In order to assess this, I look at its Common Equity Tier 1 Ratio (CET1). This roughly translates to the amount of capital it has to absorb potential losses from its risk-weighted assets. It now stands at 13.8%, compared with just 5.6% in 2008. This will help Barclays cover £1bn worth of bad loans expected from the crisis. Combined with the UK government’s furlough scheme and pulling its latest dividend, I believe this should enable the bank to survive.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…It is also worth noting that unlike the 2008 crisis, this is not a banking crisis. With Staley and other senior management waiving pay increases, I don’t think banks will re-emerge as public enemy number one. Therefore, a potential legacy of fines and drop in demand for its products should be avoided.Consumer bankingThe consumer bank primarily drives group income, accounting for 47% in 2019 (£10.2bn). A much-publicised threat in this industry comes from challenger banks, such as Monzo and Metro Bank. However, increasingly, Barclays and the other big consumer banks appear to be winning this fight. Indeed, the top six banks now hold 87% of personal accounts, up from 80% in 2000.I think there’s two key reasons why.Regulation: consumer banking is a highly regulated industry that favours the big players who can afford to comply with these regulations.Digitalisation: technologically the big players are catching up with the challenger banks. Barclays has made becoming more digital one of its four strategic pillars, with the number of digitally active customers up by 6%.This should ensure Barclays at least retains its market share.Investment banking35% of the group’s income, investment banking is also crucial to long-term success. Again, in an industry where brand name and relationships are key, I do not see Barclays’ market share deteriorating. In fact, since 2017 Barclays has achieved nine times the market share gain of the next best European bank. This has elevated it to the sixth largest by fee income globally.As alluded to above, Barclays’ group 2019 results were very strong, beating analysts’ estimates. Earnings were up 9% versus 2018 thanks to higher revenues and lower operating costs. Therefore, I believe that whilst the Barclays share price has dropped due to Covid-19 and speculation surrounding the CEO, the business is still fundamentally sound and, at a price-to-earnings ratio of just 6.4, a bargain buy. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Why I believe the Barclays share price means the bank’s a bargain buy Charlie Watson has no position in any of the shares mentioned. The Motley Fool UK has recommended Barclays. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Charlie Watson Enter Your Email Addresscenter_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Charlie Watson | Monday, 27th April, 2020 | More on: BARC Simply click below to discover how you can take advantage of this. Image source: Getty Images. Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

3 penny stocks I’d buy in June

first_img Nadia Yaqub | Thursday, 27th May, 2021 | More on: CARD HMSO MTO Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address See all posts by Nadia Yaqub Our 6 ‘Best Buys Now’ Sharescenter_img Nadia Yaqub has no position in any of the shares mentioned. The Motley Fool UK has recommended Card Factory. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Simply click below to discover how you can take advantage of this. 3 penny stocks I’d buy in June I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I’m always on the search for great penny stocks. While these shares carry risk, they also have the potential to deliver some fantastic returns. Here are three I’d buy.MitieSo far Mitie (LSE: MTO) is up over 60% this year and even more in the past 12 months. I think it could go higher. It’s a facilities management and professional services company. And its customers include banks, retailers, hospitals, schools and government entities.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The third-quarter trading statement highlights that performance has improved since lockdown measures have been eased. I find it encouraging that its year-to-date contract wins and renewals are in excess of £770m. Clearly, the company is doing something right and hence, I’d buy the stock.Customers have responded positively to Mitie’s ‘Getting back to business’ initiative. In fact, revenue from providing critical services that support the UK’s battle against Covid-19 has increased.The company’s financial position is improving as well. As of the end of 2020, its net debt stood at £72.4m compared to 2019 when it was £338.1m. It’s good to see that it’s heading in the right direction.But I’m concerned that any further Covid-19 setbacks could hinder Mitie’s progress, and thereby its revenue.HammersonHammerson (LSE: HMSO), the commercial property landlord, was hit hard by the pandemic. It owns numerous shopping centres across the UK and Europe. And it doesn’t help when some of its tenants have gone bust or struggled generally.But despite this, I’m still bullish on this penny stock. There are signs of a recovery happening. Rent collection is slowly but surely improving, as is footfall across Hammerson’s locations.It’s worth mentioning here that shopping is a social activity, and most people have been stuck in their homes for over a year. As the vaccine rollout continues and lockdown restrictions ease, I believe more customers will socialise and pay a visit to the shops. This should boost the Hammerson share price.But I’m under no illusion that this will be a fast recovery. Its bounceback could be long-drawn-out and any further lockdowns are likely to dampen footfall and hit revenue.Card FactoryI’ve recently turned bullish on another penny stock, Card Factory (LSE: CARD). The share price crashed after it released further details on its refinancing package. It said that it would have to raise £70m through a share placing.I commented earlier this week, that this fundraising caught me off guard. But clearly the company needs more assistance after the pandemic took its toll on the business.My initial concern is whether it can raise this additional money. Seeing the penny stock falling, investors are somewhat wary too. But has it done enough to convince the market that it can survive?I’m confident that the improving trading conditions should help. It’s seeing fewer customers coming through its doors but they’re spending much more. This is encouraging news.I reckon the stock could be volatile until it raises the money from the share placing. But I can stomach this volatility as a long-term investor. And I’d use this time to snap up some shares. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.last_img read more

RIP: The Rt. Rev. John Clark Buchanan, former bishop of…

first_img Rector Albany, NY New Berrigan Book With Episcopal Roots Cascade Books AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis The Rt. Rev. John Clark Buchanan. Photo: Diocese of West Missouri[Diocese of West Missouri] The Rt. Rev. John Clark Buchanan, sixth bishop of West Missouri, died on the evening of Wednesday, April 15, at his home in South Carolina.Buchanan served the Diocese of West Missouri as bishop coadjutor in 1989 and as bishop diocesan from 1990 until 1999. After his resignation, Buchanan returned to his home state of South Carolina, but in retirement served as bishop provisional of Quincy until its juncture with the Diocese of Chicago, as well as bishop provisional of Southern Virginia. He also held several offices in the House of Bishops, serving at the pleasure of several presiding bishops.He will be buried in the next few days in a small, private, family-only ceremony. Later, a service to celebrate his life will be held, and we will share more when arrangements have been completed, as well as other information that the family asks us to share. Buchanan is survived by his wife, Peggy, two daughters, and several grandchildren. Please pray for his family and friends in their time of loss. Rector Tampa, FL Missioner for Disaster Resilience Sacramento, CA Curate (Associate & Priest-in-Charge) Traverse City, MI The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Submit an Event Listing Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Rector Smithfield, NC Rector Pittsburgh, PA Tags Youth Minister Lorton, VA Associate Rector Columbus, GA Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Submit a Job Listing Featured Jobs & Calls Submit a Press Release Priest-in-Charge Lebanon, OH Associate Rector for Family Ministries Anchorage, AK Rector Collierville, TN Bishop Diocesan Springfield, IL TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector (FT or PT) Indian River, MI Rector Shreveport, LA Rector/Priest in Charge (PT) Lisbon, ME Canon for Family Ministry Jackson, MS Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Director of Administration & Finance Atlanta, GA Associate Priest for Pastoral Care New York, NY Rector Knoxville, TN center_img This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 RIP: The Rt. Rev. John Clark Buchanan, former bishop of West Missouri Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Rector Bath, NC Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET People Assistant/Associate Rector Washington, DC Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Obituary, The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Rector Washington, DC Priest Associate or Director of Adult Ministries Greenville, SC Rector Hopkinsville, KY Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Rector Martinsville, VA Course Director Jerusalem, Israel Director of Music Morristown, NJ Rector and Chaplain Eugene, OR Assistant/Associate Priest Scottsdale, AZ Rector Belleville, IL Press Release Service Cathedral Dean Boise, ID Family Ministry Coordinator Baton Rouge, LA Posted Apr 20, 2020 Assistant/Associate Rector Morristown, NJ Curate Diocese of Nebraska Featured Events In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 last_img read more

#WATCH Aerial footage of Clonlara flooding

first_imgAdvertisement DCIM100MEDIAThanks to Gavin Tier for sending this in. If you have any pictures or videos of the flooding please send to [email protected] up for the weekly Limerick Post newsletter Sign Up Email Previous articleGardai appeal for information on missing Limerick manNext article#BREAKING Molly Martens arrested over Corbett murder Staff Reporterhttp://www.limerickpost.ie Linkedin Printcenter_img WhatsApp News#WATCH Aerial footage of Clonlara floodingBy Staff Reporter – January 5, 2016 1555 Twitter Facebooklast_img

A new Late Middle Cambrian paleomagnetic pole for the Ellsworth Mountains, Antarctica

first_imgA paleomagnetic study of the late Middle to possibly early Late Cambrian Liberty Hills Formation in the Ellsworth Mountains, Antarctica, reveals a stable magnetization with positive fold and reversal tests. The paleopole is based on 16 sites from volcanic and sedimentary rocks and lies at lat 7.3°N and long 326.3°E ( $mathrm{A},_{95}=6.0^{circ }$ ). The new paleomagnetic data support the view that the Ellsworth Mountains are part of a microplate—the Ellsworth‐Whitmore Mountains crustal block—that rotated independently of the main Gondwana continental blocks during breakup. The Liberty Hills pole differs from both previous poles recovered from Cambrian rocks in the Ellsworth Mountains and from the available Gondwana reference pole data. Our pole indicates a more northerly prebreakup position for the Ellsworth Mountains than previously suggested, contradicting the overwhelming geologic evidence for a prebreakup position close to southern Africa. The reasons for this are uncertain, but we suggest that problems with the Gondwana apparent polar wander path may be important. More well constrained, early Paleozoic paleomagnetic data are required from the Ellsworth Mountains and the Gondwana continents if the data are to constrain further the Middle‐Late Cambrian location of the Ellsworth‐Whitmore Mountains block.last_img read more

Bees postpone Monday’s game due to death of former pitcher Tyler Skaggs

first_img Written by FacebookTwitterLinkedInEmail(Southlake, TX) — Los Angeles Angels pitcher Tyler Skaggs is dead at the age of 27.Police in North Texas say Skaggs was discovered dead yesterday in a hotel where the team was staying ahead of their matchup against the Texas Rangers. The game was postponed.Foul play is not suspected, but the cause of death hasn’t been released.Skaggs made 11 starts for the Bees between 2014-and-2017.The Salt Lake Bees did not play yesterday’s scheduled game against the Tacoma Rainiers due to the death of Skaggs.The Bees will play a doubleheader tonight in Tacoma. They have split the first two of the five-game series with the Rainiers. Tags: Los Angeles Angels/Salt Lake Bees/Tyler Skaggs July 2, 2019 /Sports News – Local Bees postpone Monday’s game due to death of former pitcher Tyler Skaggs Robert Lovelllast_img read more

USS Louisville Stops by Okinawa Naval Base

first_img USS Louisville Stops by Okinawa Naval Base Authorities View post tag: USS Louisville View post tag: asia View post tag: Okinawa Back to overview,Home naval-today USS Louisville Stops by Okinawa Naval Base The Los Angeles class fast-attack submarine USS Louisville (SSN 724) arrived at Okinawa Naval Base Jan. 6, for a port call as part of a deployment to the Western Pacific.With a complement of more than 140 officers and men, Louisville showcased the latest capabilities of the submarine fleet in its latest mission.Cmdr. Bob Figgs, Louisville’s commanding officer, said:Louisville brings to the theater a very capable multi-mission platform with nearly unlimited endurance for independent operations. My highly trained crew is proficient in all core mission capabilities, from open ocean anti-submarine and anti-surface ship warfare; to intelligence, surveillance, and reconnaissance, and precision land strike.Measuring more than 360 feet long and weighing over 6,000 tons when submerged, Louisville is one of the stealthiest, most modern attack submarines in the world.Louisville is the fourth United States ship to be named for Louisville, Kentucky. Commissioned on November 8th, 1986, at Naval Submarine Base New London, Connecticut; Louisville is the 35th nuclear powered fast-attack submarine of the Los Angeles class. Louisville is homeported at Hawaii’s Joint Base Pearl Harbor-Hickam.[mappress mapid=”14855″]Press release, Image: US Navy View post tag: Naval View post tag: Navy View post tag: News by topic Share this article January 7, 2015 View post tag: Baselast_img read more

Going Back to the Classics

first_imgThis week visual arts in Oxford was nowhere near boiling-point. The new exhibitions in the Ashmolean such as Spectacular Impressions and An Englishman’s Travels in Egypt, despite their promising titles, were more lukewarm than usual. The former, showcasing prints from the 15th to 17th centuries by artists such as Mantegna, Durer, Rembrandt and Van Dyck, was definitely enlightening. Every one of the images on display has been recognised internationally as to be of the highest quality, and each could probably inspire an exhibition in itself. However, to the untrained and uninformed eye, they were impressive more in terms of technical skill than emotive power. Similarly, the Englishman’s Travels in Europe though interesting in its revival of the story of Edward Lane, a renowned Arabic scholar and fine draughtsman, invited only a passing glance.In the same way, Ornamentation: drawings for the decorative arts, running in the Christ Church Gallery from 30 April to 30 July, seemed to me to be pleasant but entirely insipid, drawing on the College’s existing collection of graphic art and featuring particularly prominently the designs of Giulio Romano. Apart from a slight physical resemblance to Punch cartoons, the collection was unremarkable, offering plenty of faint drawings of ornamental vases, curlicues and seals.In comparison to these, the permanent collection of paintings in Christ Church seems much more impressive. Needless to say, the 300 odd Old Master paintings and almost 2 000 drawings are definitely overwhelming in their grandeur and scope. I particularly enjoyed the detailed work in paintings such as The Devil, where a certain Abba Moses the Indian (i.e from Ethiopia) is painted a lurid shade of green, with sagging breasts, a beard, tails, winds and bird feet in one of the Nine Scenes from the Lives of the Hermits (Tuscan Schoolc.1440- 1450). Other gems include the Fragment from a Lamentation by Hugo van der Goes (the tears on the Virgin’s face glisten with tangible emotion), and Filippino Lippi’s The Wounded Centaur, which beautifully depicts the dangers of playing with love.These, of course, are just a few examples of the wealth of delights provided by this small gallery, mentioned in every tourist guide, but under-utilised by the members of the University to whom, after all, admission is free (on presentation of a Bod card). In fact, I would recommend any bored visual arts buff to go spend an afternoon at Christ Church. More often than not, the permanent collection of the  college shows more dynamism and promise than newer arrivals to the city.ARCHIVE: 2nd Week TT 2003last_img read more

Christmas cupcakes add cheer

first_imgCountry Choice has added several products to its portfolio for the festive season.New to the range are: Christmas cupcakes a chocolate sponge topped with vanilla frosting and decorated with an edible holly leaf; a Danish pastry mincemeat crown; a shallow shortcrust mince pie; and a luxury deep-fill shortcrust mince pie with brandy.Other products available for Christmas include: shortcrust standard, luxury, puff pastry and thaw-and-serve mince pies; festive friends; Christmas cake squares and a gingerbread Christmas tree and snowmen.last_img

NASCAR Diversity Internship Program has All-Star kickoff

first_imgNASCAR HRCameron JoeDavidson CollegeCharlotte, N.C. “Fostering a diverse and inclusive work environment makes us stronger as an organization.”—Marcus Jadotte, NASCAR vice president of public affairs and multicultural development OrganizationIntern NameUniversityHometown NASCAR BroadcastingVictoria GarciaSoutheastern UniversityMiami, Fla. NASCAR R&DBrian Lee*Purdue UniversityTysons Corner, Va. DAYTONA BEACH, Fla. (May 23, 2013) — With eventual landing spots ranging from NASCAR to E! News, the NASCAR Diversity Internship Program has offered diverse students an opportunity to work in one of the largest professional sports industries in the United States. This year, 19 diverse college students will have the opportunity to complete a 10-week, paid summer internship through the NASCAR Diversity Internship Program (NDIP). The program has placed the new crop of students in varying positions and organizations throughout the NASCAR industry with the hopes of finding the next wave of industry leaders.“Fostering a diverse and inclusive work environment makes us stronger as an organization,” said Marcus Jadotte, NASCAR vice president of public affairs and multicultural development. “For over a decade, the NDIP has created opportunities for multicultural college students to take on substantive projects in our industry to help prepare them up for long-term success after completing college.”Founded in 2000, the NDIP provides comprehensive involvement in the NASCAR ecosystem by offering internships with teams, tracks, broadcast partners and marketing partners. In addition to the NASCAR, GRAND-AM and American Le Mans Series offices in Daytona Beach, Fla., Charlotte, N.C., Braselton, Ga., and New York, the 2013 interns are working at NASCAR’s partner companies such as Rev Racing, Daytona International Speedway, Taylor Strategy and Octagon.NDIP has served as a valuable employment pool for NASCAR partners as well as other companies and industries by providing students hands-on experiences across various disciplines, including marketing, engineering, communications, licensing, diversity and public affairs. This year’s class includes five returning students who have demonstrated exceptional skills and dedication across NASCAR in previous years.The 2013 class began their NASCAR experience with an orientation session during the NASCAR Sprint All-Star Race weekend at Charlotte Motor Speedway in Concord, N.C., before departing for their various assignments for the summer.The 2013 NDIP class includes the following students from universities around the nation: NASCAR MG EngineeringCameron McCarty*North Carolina State UniversityJackson, Miss. NASCAR DiversityAntoinette DiazUniversity of West GeorgiaCarrollton, Ga. OctagonJusan Hamilton*Ithaca CollegeIthaca, N.Y. NASCAR Racing OperationsPaige SanchezEmbry-RiddleHouston, Texas NASCAR Digital MediaMelia SigmonHigh Point UniversityDenver, N.C. NASCAR B&C MarketingMarco SanchezGeorgia State UniversityNorcross, Ga. NASCAR Team PropertiesLorena RoblesFull Sail UniversitySan Juan, P.R. READ MORE: READ: Full coverage from Charlotte WATCH: Danica Patrick Press Pass Taylor StrategyEdgar VelizUniversity of HoustonHouston, Texas NASCAR IMCSunghwan KimSyracuse UniversityLouisville, Ky. NASCAR Industry ServicesRachel AlmarioClayton State UniversityMcDonough, Ga. NASCAR IMCKelsey NelsonUniversity of MarylandGermantown, Md. Program offers professional development opportunities to students nationwide DISEvanna HowellWinston-Salem State UniversityMalden, Mass. Rev RacingPedro Mojica*University of Texas – San AntonioKilleen, Texas READ: Johnson wins Sprint All-Star Race NASCAR FoundationLauren HoustonUniversity of North CarolinaFayetteville, N.C. READ: Faulty transmission KO’s Keselowski ALMS (Georgia)Dontavius AllenGeorgia State UniversityGriffin, Ga. NASCAR Public AffairsRobert Harbour*Florida State UniversityPensacola, Fla. ___________________________________________________________________________________________Comments are currently unavailable. We’re working on the development of a NASCAR fan forum – please stay tuned.last_img read more