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Barclays for Long Term
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Blessed Gem
#1 Posted : Tuesday, August 02, 2016 3:03:57 PM
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Joined: 1/15/2015
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Wazuans,

Is Barclays a good deal for long term considering they are also good at paying dividends.....
Comparing it with Housing Finance or Coop Bank .....is it a better bet
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sparkly
#2 Posted : Tuesday, August 02, 2016 3:09:52 PM
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Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Blessed Gem wrote:
Wazuans,

Is Barclays a good deal for long term considering they are also good at paying dividends.....
Comparing it with Housing Finance or Coop Bank .....is it a better bet


Start by defining long-term because Barclays are divesting from Africa.
Life is short. Live passionately.
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Othelo
#3 Posted : Tuesday, August 02, 2016 3:11:26 PM
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Forget BBK, there are better options out there ... I&M BANK smile
Formal education will make you a living. Self-education will make you a fortune - Jim Rohn.
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Blessed Gem
#4 Posted : Tuesday, August 02, 2016 4:25:42 PM
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@sparkly Long term...around 5 years....the fact that they have plans to leave the Africa Market is a point of concern.

@Othelo...I am looking for a counter I can maximise on volume
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Ebenyo
#5 Posted : Tuesday, August 02, 2016 5:08:46 PM
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Joined: 4/4/2016
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Blessed Gem wrote:
@sparkly Long term...around 5 years....the fact that they have plans to leave the Africa Market is a point of concern.

@Othelo...I am looking for a counter I can maximise on volume


Jeremiah Awori said BBK will not be affected.Will be around.So what is the concern here?
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Aguytrying
#6 Posted : Tuesday, August 02, 2016 5:16:23 PM
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Posts: 5,040
I honestly think BBK is a good buy for those who will take the risk. The risk being unncertain future. Clear that up and you have a fairly priced solid bank.....
The investor's chief problem - and even his worst enemy - is likely to be himself
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Ebenyo
#7 Posted : Tuesday, August 02, 2016 5:24:51 PM
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Aguytrying wrote:
I honestly think BBK is a good buy for those who will take the risk. The risk being unncertain future. Clear that up and you have a fairly priced solid bank.....


You are right.The following people should not buy Barclays Africa:
1.Naushad Merali
2.Matu Wamae
3.Gok
As long as they will keep off,that will be fine.
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VituVingiSana
#8 Posted : Tuesday, August 02, 2016 6:42:26 PM
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Ebenyo wrote:
Aguytrying wrote:
I honestly think BBK is a good buy for those who will take the risk. The risk being unncertain future. Clear that up and you have a fairly priced solid bank.....


You are right.The following people should not buy Barclays Africa:
1.Naushad Merali
2.Matu Wamae
3.Gok
As long as they will keep off,that will be fine.

Do folks still fall for these thieves conmanship?
Sigh, folks still fall for GoK's promises.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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obiero
#9 Posted : Tuesday, August 02, 2016 7:47:49 PM
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Joined: 6/23/2009
Posts: 13,549
Location: nairobi
VituVingiSana wrote:
Ebenyo wrote:
Aguytrying wrote:
I honestly think BBK is a good buy for those who will take the risk. The risk being unncertain future. Clear that up and you have a fairly priced solid bank.....


You are right.The following people should not buy Barclays Africa:
1.Naushad Merali
2.Matu Wamae
3.Gok
As long as they will keep off,that will be fine.

Do folks still fall for these thieves conmanship?
Sigh, folks still fall for GoK's promises.

We are the government..

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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sparkly
#10 Posted : Tuesday, August 02, 2016 10:53:02 PM
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Location: Enk are Nyirobi
Blessed Gem wrote:
@sparkly Long term...around 5 years....the fact that they have plans to leave the Africa Market is a point of concern.

@Othelo...I am looking for a counter I can maximise on volume


Barclays is trading at a DY of 10℅ which is higher than the market average. Expect a medium term rebound to 15-20. Long term prospects are bleak.
Life is short. Live passionately.
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nzalela
#11 Posted : Tuesday, August 02, 2016 11:06:31 PM
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Blessed Gem wrote:
Wazuans,

Is Barclays a good deal for long term considering they are also good at paying dividends.....
Comparing it with Housing Finance or Coop Bank .....is it a better bet


Had a look at it last week. Had planned to buy before parliament threw the spanner in the works. Will not touch any banking stock now till that cloud passes. This was my take away about Barclays.

1. Consistent stable but flat earnings.

2. Most of the banking ratios are within the industry average.

3. Has the highest net interest margin in the industry.

4. Very modest and cheap debt (libor + 2.7)

5. Access to Barclays plc for any future credit meaning you will not be pulled into rights issues any time soon.(this may end after change in ownership).

6. Assuming flat eps after 3 years of 1.6 and pe ratio of 8.5 (no growth pe) target price could be 13.6 giving a 10.8% annual capital gain rate. However add the dividend pay assuming payout ratio stays constant + 9.5% net of tax.
Resulting annual rate of return 20%.

I was buying as a hedge during this bear season. Hope the bill doesn't get signed.
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Blessed Gem
#12 Posted : Wednesday, August 03, 2016 12:14:32 AM
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The higher the risk the higher the returns...not sure it applies on this counter
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Ebenyo
#13 Posted : Wednesday, August 03, 2016 7:34:24 AM
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Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Blessed Gem wrote:
The higher the risk the higher the returns...not sure it applies on this counter


The risky part here,we dont know who will buy the Barclays africa stake.
As i mentioned earlier,for example if Merali decides to buy.Then you will know you are fried. Barclays will then be like sameer and sasini.All other shareholders dont gain anything but HIM ALONE gains.Then after sometimes,he will sell to the highest bidder.He sold Equatorial bank to mwalimu sacco in a deal which HIM ALONE benefited.
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Aguytrying
#14 Posted : Wednesday, August 03, 2016 8:25:35 AM
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Posts: 5,040
If u like Barclays so much why not think of stanchart the dividend yield at current prices is decent. Higher earnings than Barclays and a growth element in there too esp this year compared to last year. And not being sold.....
The investor's chief problem - and even his worst enemy - is likely to be himself
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sparkly
#15 Posted : Wednesday, August 03, 2016 8:37:21 AM
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Blessed Gem wrote:
The higher the risk the higher the returns...not sure it applies on this counter


You also have to define "risk". In stocks, a share is risky if it is trading at a considerable price over its true value and vice versa.
Life is short. Live passionately.
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Horton
#16 Posted : Thursday, August 04, 2016 8:49:06 AM
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Aguytrying wrote:
If u like Barclays so much why not think of stanchart the dividend yield at current prices is decent. Higher earnings than Barclays and a growth element in there too esp this year compared to last year. And not being sold.....



Scbk div yield higher than bbk".....Really???
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cnn
#17 Posted : Thursday, August 04, 2016 9:15:46 AM
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Joined: 6/17/2009
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Horton wrote:
Aguytrying wrote:
If u like Barclays so much why not think of stanchart the dividend yield at current prices is decent. Higher earnings than Barclays and a growth element in there too esp this year compared to last year. And not being sold.....



Scbk div yield higher than bbk".....Really???

@aguy has not stated that!..the difference in yield is about 1.8% at current prices.I like starnchart ,watching for it at 200 or lower.
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Horton
#18 Posted : Thursday, August 04, 2016 9:43:37 AM
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my apologies @aguy, timezone manenos past midnight here. Yes i see your point.
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Ebenyo
#19 Posted : Thursday, August 04, 2016 9:52:41 AM
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Posts: 1,997
Location: Kitale
Horton wrote:
my apologies @aguy, timezone manenos past midnight here. Yes i see your point.


Lets find consensus in:
1.Equity
2.Kcb
3.Hfck
4.Bbk
5.Starnchart
6.Any other

what will be the right combination in the banking sector in your portfolio?
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