Tag: 贵族宝贝ZLT

Could the Barclays share price really have further to fall?

first_img See all posts by Kevin Godbold “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. 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. Could the Barclays share price really have further to fall? Kevin Godbold has no position in any share mentioned. The Motley Fool UK owns shares of and has recommended Unilever. The Motley Fool UK has recommended Barclays and Diageo. 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.center_img Our 6 ‘Best Buys Now’ Shares Kevin Godbold | Monday, 20th April, 2020 | More on: BARC Simply click below to discover how you can take advantage of this. Image: Public domain: Fair use 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. At 87p, the Barclays (LSE: BARC) share price is around 50% lower than it was in mid-February. That’s a big plunge, but the stock has been lower.For example, in the wake of the financial crisis of the noughties, the shares were briefly changing hands around 50p at the beginning of 2009. If Barclay’s revisits those lows, it implies the possibility of a further plunge of more than 40% from current levels.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…Will the Barclays share price shoot up again?That might sound whacky when you consider the firm’s tempting-looking valuation indicators. Indeed, the price, measured against earnings and assets, looks low. But the UK’s economy has a huge financial shock to digest because of the coronavirus lockdown. Many also expect a deep recession.Does that remind you of 2009? Conditions were similar back then – a huge financial shock followed by a deep recession.And being the out-and-out cyclical business it is, Barclays tends to be one of the early movers both into and out of recessions. That’s why the plunge recently has been so dramatic. Barclays shares are highly responsive to changes in general economic conditions or to investors’ perceptions about those conditions.I don’t see much use for the London-listed bank shares as long-term holdings. And I wouldn’t buy them for growth or income from shareholder dividends. But, to me, they can be useful for riding the next up-leg of a general economic cycle.However, investing like that requires aiming to time your purchase and sell orders. And to be honest, that’s not a great way to proceed. I’d rather ignore the banks altogether and look for ‘proper’ business to invest in. Those with decent, value-generating trading businesses backing them. For example, in the FTSE 100, names such as Diageo, Unilever, SSE, and many others.Nevertheless, Barclays could shoot up fast when a general economic recovery starts to look possible. Between the beginning of 2009 and the summer of that year, the stock blasted up by around 300%. Sadly, I think a move of that magnitude seems unlikely following the current crisis.Dividends haltedSince hitting its peak early in the middle of 2009, Barclays has been locked in a wiggly down-trend ever since. And the value indicators have been looking attractive nearly all the way down. My guess is that many investors in the stock market are wary of banks. We’ve seen their cyclicality. We don’t trust them.On the 1 April, Barclays notified us it cancelled the 2019 dividend and suspended shareholder dividend payments for the rest of 2020. The Prudential Regulation Authority (PRA) required all the major UK banks to preserve capital that way. And for good reason. There are difficult financial times ahead.I admit cancelled dividends, plunging earnings, and a fallen share price are good indicators of a potential cyclical bottom for Barclays. But I wouldn’t rule out the share falling a lot further. And I’d rather invest in other cyclical shares, such as the FTSE 100’s Ferguson and Whitbread before risking my hard-earned on a bank like Barclays.last_img read more