first_img3 reasons why I think the Barclays share price is set to climb Alan Oscroft | Friday, 30th October, 2020 | More on: BARC 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. If you’d invested in Barclays (LSE: BARC) at the start of 2020, you’d be 40% down now, as the banks have been battered by the Covid-19 crisis. The longer term is not much better, with the Barclays share price down 55% in five years. But I think the current short-term market view of the FTSE 100‘s banks is a mistake. I reckon the whole sector, and Barclays in particular, should look a lot better this time next year. Here are three reasons why I’d buy now.Liquidity is as healthy than everThe Barclays share price suggest the bank is struggling. But if it is, it’s not showing in the balance sheet. The Bank of England’s annual stress tests have been suspended for the current year. Who needs to put the banks through simulated stress when they’re in the middle of the real thing, right?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…But at Q3 time, things looked just fine to me. Barclays’ CET1 ratio, which is its key stress test measure, had actually improved since before Covid-19 arrived. At 14.6% at 30 September, it’s up on December’s figure of 13.8%.Credit impairment charges did rise to £4.3bn (from £1.4bn a year previously), but the banks seems to have that covered well enough. And we’re looking at a tangible net asset value per share or 275p. That’s approximately 2.6 times the current share price, and up on last year.2021 forecasts are strong and improvingYou might not guess it from the recent Barclays share price performance, but forecasts are pretty upbeat right now. Well, for 2021 at least. In the current year, analysts expect EPS to fall around 60%, which isn’t great. But that would still represent a pre-tax profit of more than £2bn, which I think would be a good result in an allegedly disastrous year for banks.On that alone, a forward P/E of 21 might not make Barclays a screaming buy. But forecasts suggest EPS in 2021 will return very close to 2019 levels, which would drop the P/E to only around nine.I know forecasts are far from certain, especially this year. But analysts have been gradually raising their predictions as the year progresses. The consensus looks convincingly positive to me.Dividend should boost the Barclays share priceThe Prudential Regulation Authority stepped in this year to bring a halt to bank dividends. It’s arguable whether the regulatory body should have interfered in a free market — though the free market did lead to the banking crisis not so long ago. But anyway, whatever else happened, the suspension of 2020 dividends will surely have contributed to the fall in the Barclays share price.Dividends will resume, for sure. The question is when and how much? Again, analysts have a recovery to pre-pandemic levels penciled in for 2021. And, on the current Barclays share price, we’d be looking at a yield of 4.4%. It would be more than 2.5 times covered by earnings too.The 2020 dividend cut will surely have no adverse long-term effect. And I reckon it’s helped provide investors with an even better buying opportunity this year. Simply click below to discover how you can take advantage of this. Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. Enter Your Email Address Alan Oscroft 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.center_img Our 6 ‘Best Buys Now’ Shares Image source: Getty Images. 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. 5 Stocks For Trying To Build Wealth After 50 Click here to claim your free copy of this special investing report now! See all posts by Alan Oscroftlast_img read more

first_img Authorities December 17, 2014 View post tag: Eight UK Navy Orders Hull Mounted Sonars for Eight Type-23 Frigates View post tag: Type 23 View post tag: europe View post tag: UK Navy The Royal Navy has awarded a £27m contract for its Sonar 2050 Technology Refresh (S2050TR) Programme to Ultra Electronics’ Sonar Systems business, Greenford, Middlesex.Under this contract, which will be executed over the next 10 years, the Group will deliver and support new hull mounted sonars for the Royal Navy’s eight Type-23 frigates. The S2050 Technology Refresh programme will deliver, to the Royal Navy, a world-leading sonar capability providing persistent surveillance against submarine and torpedo threats, at a significantly lower through-life cost.Ultra’s sonar capability incorporates a number of world leading solutions, which will help satisfy the growing global market.[mappress mapid=”14748″]Press release, Image: UK Navy Back to overview,Home naval-today UK Navy Orders Hull Mounted Sonars for Eight Type-23 Frigates View post tag: Mountedcenter_img View post tag: Navy View post tag: orders View post tag: News by topic View post tag: Frigates View post tag: Sonars View post tag: Naval View post tag: Hull Share this articlelast_img read more

first_imgIn this Friday, Aug. 8, 2014 photograph, Tony Stewart stands in the garage area after a practice session for Sunday’s NASCAR Sprint Cup Series auto race at Watkins Glen International, in Watkins Glen N.Y. (AP Photo/Derik Hamilton)WATKINS GLEN, N.Y. (AP) — Tony Stewart pulled out of the NASCAR race at Watkins Glen Sunday, 12 hours after the three-time champion struck and killed a sprint car driver who had climbed from his car and was on the darkened dirt track trying to confront Stewart during a race in upstate New York.Greg Zipadelli, competition director for Stewart-Haas Racing, said at a news conference that Stewart “feels strongly” about not racing Sunday following Kevin Ward Jr.’s fatal accident. The decision was an about-face for the organization, which had said when the track opened that Stewart would be behind the wheel of his No. 14 Chevrolet when the green flag waved.“We gave Tony some time to sleep on it. He feels strongly this is the right thing to do,” Zipadelli said. “All you can do is what you feel is right, and we feel this is right. We get through today and do it the best we can as a group.“He’s going through a tough time. It’s emotional for him.”Regan Smith will drive Stewart’s car instead.Ward had crashed following contact with Stewart one lap earlier and got out of his car as it was stopped along the fence. Video of the incident showed Ward walking from his crashed car onto the racing surface as cars circled by, and, as he gestured at Stewart’s passing car, he was struck.Authorities questioned Stewart but said no criminal charges were imminent. Stewart traveled to Watkins Glen International following police questioning.Ontario County Sheriff Philip Povero said Stewart was “visibly shaken” and had been cooperative in the investigation. Authorities were asking spectators and others to turn over any video they recorded of the crash.“This is right now being investigated as an on-track crash and I don’t want to infer that there are criminal charges pending,” Povero said. “When the investigation is completed, we will sit down with the district attorney and review it. But I want to make it very clear: there are no criminal charges pending at this time.”A witness said it appeared Ward was trying to confront Stewart, the three-time NASCAR Sprint Cup Champion. The video showed Ward standing to the right of Stewart’s familiar No. 14 car, which seemed to kick out from the rear and hit him.Moments earlier, Ward and Stewart were racing side-by-side for position as they exited a turn. Ward was on the outside when Stewart, on the bottom, seemed to slide toward Ward’s car and crowd him toward the wall. The rear tire of Stewart’s car appeared to clip the front tire of Ward’s car, and Ward spun into the fence.Povero said Ward, who was wearing a black firesuit and black helmet, had walked into the racing area and one car swerved to avoid him before he was struck by Stewart.“The next thing I could see, I didn’t see (the other driver) anymore,” witness Michael Messerly said. “It just seemed like he was suddenly gone.”A spokesman for Stewart’s racing team called Ward’s death a “tragic accident.”The dirt track, about 30 miles southeast of Rochester, canceled the remainder of the race and later posted a message on its Facebook page encouraging fans to “pray for the entire racing community of fans, drivers, and families.”Ward’s website said he began racing go-karts in 1998 at age 4, but didn’t start driving sprint cars until 2010. The 20-year-old from Port Leyden, New York, was Empire Super Sprint rookie of the year in 2012 and this year was his fifth season racing the Empire Super Sprints.Stewart often competes in extracurricular events like the race on Saturday. The multimillionaire is known to participate in races with purses worth less than $3,000 and drive alongside drivers of varying ages and talent levels.The crash Saturday came almost exactly a year after Stewart suffered a compound fracture to his right leg in a sprint car race in Iowa. The injury cost him the second half of the NASCAR season. Stewart only returned to sprint track racing last month, and won in his return, at Tri-City Motor Speedway in Michigan.But the broken leg cost him the entire second-half of last season and sidelined him during NASCAR’s important Chase for the Sprint Cup championship. Stewart wasn’t cleared to get back in a race car until February, the day the track opened for preparations for NASCAR’s season-opening Daytona 500 began.“Everybody has hobbies. Everybody has stuff they like to do when they have downtime, and that’s just what it is for me,” he said last month following his return to sprint car racing.  “That’s what I like to do when I have extra time. I don’t think there is anything wrong with doing it.  I feel like there are a lot of other things I could be doing that are a lot more dangerous and a lot bigger waste of time with my time off do than doing that.”Among Stewart’s many business interests is his ownership of Ohio dirt track Eldora Speedway, which last month hosted the NASCAR Truck Series, and his stake in Stewart-Haas Racing, which fields cars for Stewart, Kevin Harvick, Kurt Busch and Danica Patrick.He’s struggled a bit this year since returning from his leg injury, and heads into Sunday’s race winless on the season and ranked 19th in the standings.Stewart had been scheduled to start 13th on Sunday at Watkins Glen, one of just five remaining races for Stewart to either score a win or move inside the top 16 in points to grab a valuable spot in NASCAR’s Chase.The site of Saturday night’s crash is the same track where Stewart was involved in a July 2013 accident that seriously injured a 19-year-old driver. He later took responsibility for his car making contact with another and triggering the 15-car accident that left Alysha Ruggles with a compression fracture in her back.AP Auto Racing Writer Jenna Fryer and AP writer Mike Sisak contributed to this report.last_img read more

first_imgFacebook4Tweet0Pin0Submitted by the Oly Town ArtesiansThe Oly Town Artesians will play their regular season opener on Saturday, November 17 when they host the Western Indoor Soccer League’s newest member, Tacoma Narrows FC, at The Pavilion at The Evergreen State College. It is the first of ten regular season games for the Artesians as announced by the WISL this week.With the addition of Narrows FC, the WISL returns to a six team league for its fifth season and each team will play five home games. The Artesians play three of their first four games on their home turf but then hit the road for four straight before finishing things off with two home games in a row, including a visit from three-time WISL champion Bellingham United in the regular season finale.Here is the entire Artesians 2018-2019 schedule…November 17 – vs. Tacoma Narrows – Evergreen Pavilion – 6:30 PMDecember 1 – vs. Snohomish Skyhawks – Evergreen Pavilion – 6:30 PMDecember 8 – at Bellingham United – Bellingham Sportsplex – 7:35 PMDecember 15 – vs. Tacoma Stars Reserves – Evergreen Pavilion – 6:30 PMDecember 22 – at Oly-Pen Force – Oly-Pen Sports Center – Time: TBAJanuary 5 – at Tacoma Stars Reserves – Tacoma Soccer Center – 6:00 PMJanuary 12 – at Snohomish Skyhawks – Snohomish Soccer Dome – Time: TBAJanuary 19 – at Tacoma Narrows – Tacoma Soccer Center – 8:00 PMJanuary 26 – vs. Oly-Pen Force – Evergreen Pavilion – 6:30 PMFebruary 2 – vs. Bellingham United – Evergreen Pavilion – 6:30 PM  Oly’s home field is The Pavilion at The Evergreen State College, a unique campus facility that received a $1 million renovation over the summer that included a new roof, new siding and interior improvements that will make the building much more inviting for players and fans. The field is the smallest field in the WISL but features the best site lines and the best atmosphere in the league and the Artesians are dedicated to putting on the best show in the WISL this season.The Artesians will get their first competitive action next Saturday at the WISL Preseason Tournament, hosted by the Oly-Pen Force at the Oly-Pen Sports Center in Bremerton. The first games are set to kick off midday. A full schedule will be posted this week. Stay up to date with the Artesians by visiting the Oly Town Artesians website, following them on Twitter, and liking them on Facebook.last_img read more

first_imgRED BANK –The Red Bank Catholic Dance Company will perform a show especially dedicated to breast cancer awareness at 7 p.m. Friday, Oct. 18 at the RBC Broad Street auditorium.The 2013/2014 RBC Dance Company at Marine Park in downtown Red Bank. Through dance and song, the performers will express the different stages of this terrible illness and the strength it takes to fight it. The show will guide the audience from the initial diagnosis, through the struggle of treatment and finally to the stage of receiving help and support from friends and family. The performance is meant to serve as a wake-up call for early detection and how it saves lives.The RBC Dance Company is an elite group of dancers selected each year for their technical and artistic dance skills. Dance Company performs during the year at dance festivals, benefit performances and main stage concerts.A suggested donation of $10 at the door is appreciated. Fifty percent of the proceeds will be donated to the Beauty Foundation, which assists breast cancer patients with the cost of wigs and reconstructive surgery.last_img read more

first_imgSophie Edney and Mikyla Bergman of LVR were third and fourth.Zoe Taylor of Wildflower in Nelson was fifth.Matti Erickson won the Junior Boy’s race ahead of Trafalgar teammate Emerald Lockhart.Hunter Denamy of Grand Forks was third followed by Brett Carr of Kaslo and Devon Duerichen of New Denver.Evan Taylor won the Grade 7 race while A. J. Barrett of Trafalgar won the Elementary event.The West Kootenay Cross Country circuit shifts to New Denver of the next race.LVR Cross Country Meet Full Results:Senior Boys 7.8K 1. Jackson Konkin 2. Keiran Marchand 3. Jasper Mair 4. Daniel Stewart 5. Samuel Cristofanetti 6. Jesse DrewJunior Girls 5.2K 1. Jasmine Drolet 2. Avie Waterfall 3. Sophie Edney 4. Mikyla Bergman 5. Zoe Taylor 6. Yasmin Evans 7. Daniella Sirois Ennis 8. Bethany Pardoe 9. Katherina Weitzing 10. Nikita BaldwinJunior Boys 5.2K 1. Matti Erickson 2. Emerald Lockhart 3. Hunter Denamy 4. Brett Carr 5. Devon Duerichen 6. Gabriel Nemiroff 7. Dylan Gyr 8. Nate Atkins 9. Sacha Argent 10. Jack Grant 11. Ethan Lovegrove 12. Kepler Zuk 13. Boris O. 14. Lars Beckman 15. Noah Light 16. Arin Miller 17. Cale O’Meara 18. Jared Jennings 19. Isaac Visser 20. Jace Lamoureux 21. Joe Surina JVH 35:20 22. Mark Rimmer Trafalgar 35:42 23. Michael Rhodes-Bliss Trafalgar 41:08 24. Kell Wictorin Lucerne 43:32Grade Seven 5.2K 1. Evan Taylor 2. Maya Maturo 3. Sakura Azzopardi 4. Johann Taylor-Gregg 5. Narayani Shaporalova 6. Angus Johnson 7. Devon KilgourElementary 1.2K 1. A.J. Barrett grade 6 2. Charlie Morrison grade 5 3. Fin Taylor grade 5 4. Petula Perry grade 4 5. Carmen Lewandowski 6. Jay Tremaine grade 5 7. Ayla Kipkie grade 4 8. Keegan Taylor grade 6 9. Yonah Bahalul grade 4 10. Zander Kleiss grade 5 Jackson Konkin of J. Lloyd Crowe in Trail and Salmo’s Jasmine Drolet came out on top of the first race of the West Kootenay Cross Country season Tuesday at L.V. Rogers in Nelson.Konkin finnished the 7.8 kilometer course in a time of 32 minutes, five seconds to capture the Senior Boys category.Second was Keiran Marchand of LVR while Jasper Mair of Mount Sentinel was third.Daniel Stewart, Sammuel Cristofanetti and Jesse Drew, all of Mount Sentinel, rounded out the top five.Drolet won the Junior Girls Division ahead of Avie Waterfall of Trafalgar.last_img read more