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Citigroup Inc. (C-PK)

NYSE - Nasdaq Real-time price. Currency in USD
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28.16-0.05 (-0.16%)
As of 2:42PM EDT. Market open.
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  • J
    Just
    Consumer banking revenue will be down on sale of Australian business. FICC is down also. Equities and M&A are expected to have stronger performance. 2021 cost will be up 2-3% compared to 2019 base. Marc Mason still refuses to provide the timing and cost dynamics for transition investments. Shareholders already know that it will be multiyear. Why the management is not willing to shape up time expectations for investors is still puzzling. The same story as under Corbat. We are focused, we invest into critical areas to drive returns, we simplify, we envision excellency. And finally some new crisis arrives similar to housing or pandemic shock as an excuse. Sorry dear shareholders. We do not control the environment. We collected our rich benefits and compensations but unfortunately our targets could not be reached due to factors beyond of our control.
  • m
    mcnicoll
    Of all the stock advice services I have used, I find (http://Fairstox.com) to be one of the absolute best! Their advice is well researched, helpful, and up to date. I don’t know how I ever went about day trading without reading their newsletter first!
  • M
    Mark
    Just announced, investor day, can't wait. It's in March. Maybe by then they gave a strategy to improve the bank.
  • J
    Just
    Consumer demand seems on track to growth again as opposed to last month Delta impact. It could well be that July August slowdown was related to Delta factor. Regional manufacturing data looks recovering also. Rates could move higher to normalization levels on economic reopening.
  • b
    bolton
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  • J
    Just
    Initial reaction from economic sensitive stocks is somewhat odd on retail sales data. However nobody is saying that index funds and ETF structured product trading are losing steam particularly in the environment of high demand for hedging. To me it seems like institutional traders are not done with their hedging activities and the market is still vulnerable.
  • C
    C. Ray
    I would say march is her 1 year CEO anniversary and if she hasn't produced then fire her and get a new CEO and CFO. We need to go thru the dead weight much faster. If their not making stockholders money then they are costing us money.
  • J
    Just
    Our new CEO has been working hard to refresh strategy and make decisions to position Citi to win in disruptive decade ahead. After a year in transition she will be presenting her vision in 2022. Is she communicating that it will take 10 years from now to match industry peer growth and returns? I hope not as even turtles on Florida beaches travel faster. The shareholders have been quite patient with bank management and deserve faster improvements. I always thought that Jane is simply one of veteran insider and the bank needed some disruptive change in management culture. Previous insider management teams were very slow and still could not hit targets they promised.
  • J
    Just
    While market reaction to August headline CPI looks positive, it is as usual momentum and quantitative. CPI report this morning seems to confirm the Fed's view on transitory nature of inflation. However, it could well be due to slowdown in consumer demand as last month retail sales showed quite negative reading. If combined with positive retail sales this week, it will send stronger signal that inflation is indeed transitory. Nevertheless, almost all items mentioned in report related to consumer with exception of care services still trend higher on a monthly basis. US economy should not see longer term inflation pressures as it is mostly consumer demand oriented economy as around 70% of GDP growth is consumer spending. On the other hand, industrial economies as opposed to consumption ones should face stronger and longer inflationary pressures in supply chain. Global nature of supply network of US corporations could help businesses in managing their input cost and moderate negative cost impact.
  • J
    Just
    Tons of options in ETFs and index funds expire tomorrow. Buckle up folks.
  • R
    Rami
    The market is treating all valuations the same. This is a form of mispricing. Rising interest rates will have a much different effect on a Citigroup than a Tesla. This mispricing will be corrected by earnings and outlook statements. For now hopefully at least 1 million shares will be bought back daily. I still hold the $86-$90 target in 16 months for Citigroup.
  • A
    Andrew
    Successful people don't become that way overnight. What most people see at a glance wealth, a great career, purpose is the result of hard work. 🤑🤑
  • A
    Andre
    Finally catching up vs other banks
  • D
    Daniil
    This is some kind of horror , it is even impossible to get out of this stock without losses , I understand that other top banks are falling, but they have grown well, this one is falling the most, but there is no growth ! When will it start growing?
  • S
    Sparkvark
    3 days ago, I said Citi could be a target for future retaliatory sanctions by xi. Take a look at what's happening to the Macau casinos today because the chinese government wants more local ownership. Citi needs to look at the downside of what the chinese gov't could do to them down the road in HK.
  • r
    rogin
    They had some interesting insights about C on (http://Multistockalerts.com). Definitely made me think twice about the company.
  • R
    Rami
    I don’t understand people who claim they are holding shares long and then complain about how poorly run Citi is. You have a few thousand other companies to pick from. I personally like what I am seeing and see this at $90 in 18 months.
  • R
    Rami
    Earnings arrive in 5 weeks. I am expecting EPS of. $1.85 and 45 million shares bought back. More than 2% of shares gone in 1 quarter.
  • D
    Daniil
    Will this paper ever start growing?
  • R
    Rami
    Citi will end the year at $85. Looking at 40-50 million shares bought back in Q3.
    10 year treasury yield will end the year at 1.85%.