Register
Login:
Share:
Email Facebook Twitter

BP. Share Chat - RSS Feed

BP Share Chat (BP.)



Share Price: 413.00Bid: 414.20Ask: 414.40Change: 0.00 (0.00%)No Movement on Bp
Spread: 0.20Spread as %: 0.05%Open: 407.60High: 415.90Low: 402.00Yesterday’s Close: 413.00


Share Discussion for Bp (BP.)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


Da_Roadrunner
Posts: 184
Off Topic
Opinion:No Opinion
Price:402.55
Rosneft
Thu 17:43
 
Bonz1957
Posts: 2,208
Off Topic
Opinion:No Opinion
Price:400.70
View Thread (3)
RE: johncharles15
Thu 16:24
These were the first shares I ever bought way back in '75 and we've been through a lot together. Bought more in the sell offs, picked up more via the share splits and have always taken my divs as shares so my holding now bears no resemblance to the number of shares I've actually bought. If it wasn't for the GOM disaster, the various Russian problems (deals, Ukraine, economy) and now the falling price of crude who knows where we could have been - pushing £10?? Keep the faith, things will get better - just not sure of the timescale lol!! ATB.
johncharles15
Posts: 487
Off Topic
Opinion:No Opinion
Price:404.65
View Thread (3)
RE: johncharles15
Thu 14:43
thanks I thought that was the case ,but wasn,t sure.i have little doubt at some point these ,along with ythe oil price will rise nicely ,i.m up tp my eyes in colossal debt so really I should be taking the cach div ,but as they say in for a penny.
Bonz1957
Posts: 2,208
Answer
Opinion:No Opinion
Price:400.30
View Thread (3)
johncharles15
Thu 13:06
The scrip div price is set in advance and will not change just because the sp falls. It's swings and roundabouts I'm afraid, sometimes it is more and sometimes it is less, but in the long run you will be OK unless you expect BP to stay around 400p plus there are no dealing costs. The 3 previous divs this year have had reference prices of 487p, 504p and 482p so not a good year to be part of the scheme!! ATB
MY21
Posts: 4,853
Off Topic
Opinion:No Opinion
Price:397.55
FT Coverage
Thu 08:02
Rosneft and BP: trading problems:

Rosneft, the Russian state-owned oil producer, fits the bill. About three quarters of its revenues come in dollars. The rouble’s recent tumble — it is down a third versus the dollar since end September — should offset lower oil prices and protect cash flows. But the rouble move will cause a foreign exchange loss, given that most of its debt is denominated in dollars. This is particularly bad news for BP. It owns almost a fifth of Rosneft. The income it receives comes via a dividend paid in roubles. Last July BP received the equivalent of $690 million. Next year that number could be zero. Rosneft will probably have a large foreign-exchange loss in the fourth quarter on liabilities denominated in other currencies. At 65 roubles to the dollar, Rosneft’s net earnings for the year could disappear, thinks Raiffeisen Bank. That means no dividends, unless Rosneft pays from cash reserves. At least BP has the financial strength to survive without the payout. But Rosneft has plans. It bought TNK from BP (for $55 billion in 2013) partly to help accomplish them. Next year, Rosneft says it needs to repay $19.5 billion of debt. Even after a domestic bond offering last week of 625 billion roubles ($10 billion) the company will need to raise more to replenish funds for investment now redirected to pay off the debt. The valuations of BP and Rosneft trail peers. Being a Russian exporter beats being an importer when the rouble falls. But that is a silver lining to a dark cloud.
johncharles15
Posts: 487
Off Topic
Opinion:No Opinion
Price:397.55
View Thread (2)
RE: Diviidend
Thu 07:34
Question ? With one account I have elected to take the scrip div but is this above the current price will they use the lower price ? In my major holding I will get the right price luckily.
Qwerty59
Posts: 479
Off Topic
Opinion:No Opinion
Price:397.55
View Thread (2)
Diviidend
Wed 19:41
Due this week, will be re-investing at these lovely prices.....
Peter450
Posts: 541
Off Topic
Opinion:No Opinion
Price:382.45
View Thread (5)
RE: It
Wed 12:07
Well good luck with it
johncharles15
Posts: 487
Off Topic
Opinion:No Opinion
Price:382.80
View Thread (5)
RE: It
Wed 12:02
My money is where my mouth is ,I'm heavy in debt ,so I need to be right ,but I will be
Peter450
Posts: 541
Off Topic
Opinion:No Opinion
Price:384.55
View Thread (5)
RE: It
Wed 11:34
You think, these are long term drivers that are acting on oil, first economic slowdown even if growth picks up demand for oil is not going to shoot up quickly it will be a gradual thing if it happens at all over the next few months.

Secondly supply, Saudi Arabia is the swing producer, they want to stick two fat fingers up at Iran and US shale, that means cheap oil for 12 weeks ain't gonna cut it, for them to achieve those goals they need to put the thumbscrews on for much longer, even if they suddenly do a volt face they won't want to it so soon after stating there going to keep pumping, so I think 80 in March is very optimistic





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.