grippaPosts: 777
Off Topic
| Opinion: | No Opinion |
| Price: | 477.65 |
Showmenthe wonga
Today 20:06
Lol sounds like your in my club now! But always a gamle as we know!
mmmmmm
Today 19:14
weak pound, share buy back, ftse at all time high!
just need another euro nuke or the pound to rise sharply or even a bit of bad news regarding the trial, then will fall back a fair bit i think.
probably will get all three at the same time just after i top up.
grippaPosts: 777
Question
| Opinion: | No Opinion |
| Price: | 477.65 |
What price to buy in at?
Today 18:32
That's the question! The ftse's at an all time high so would expect it to drop if the ftse eases, but all a gamble! Last week I thought 450 ish but might not see those prices again! All a gamble eh!
RE: topknot
Today 17:23
And also protecting against hostile takeovers...which I think BP are concerned about due to the exposure to over-inflated claims from Gulf of Mexico spill.
I'm looking to buy in myself, for what its worth.
topknotPosts: 165
Off Topic
| Opinion: | No Opinion |
| Price: | 476.15 |
Thanks guys
Today 16:08
Thanks to those that replied to my questions, have decided to buy in to BP, future looks good for this company even better once the gulf problem is over and done with..
topknot
Today 15:26
share buy backs are a way of giving vlue back to shareholders much in the same way as paying a dividend, as the value of the company is then based on a new, lower number of shares, which should impact positively on the share price. Companies tend to prefer this rather than hiking the divi if they have a one off cashflow (i.e. sale of an asset etc) as if they hike the divi they are generally committed to this going forward ad infinitum as a subsequebnt decrease in the divi in the future would be seen negatively in the market, hence the buy-back route..
grippaPosts: 777
Observation
| Opinion: | No Opinion |
| Price: | 473.05 |
Topknot
Today 12:39
Because they have spare cash mate! It threngthens the value of the company! Simple
topknotPosts: 165
Off Topic
| Opinion: | No Opinion |
| Price: | 472.55 |
Greenhorn here
Mon 22:16
Ok why does a company buy back its own shares? Looking at making BP part of my SIPPS pension profile. Is it a good move looking at 20k got in good with Barclays and Tesco back along.
Looking at putting it in for 5 years ?
450 again?
Mon 20:10
No chance. I'll eat my hat! BP buyback scheme has propped up the SP since January and each day they buy back 4 million shares. At that rate it'll take them into 2014 to finish so just in time for all the good news from the trial to send the SP soaring.
WightladyPosts: 1,426
Off Topic
| Opinion: | No Opinion |
| Price: | 471.60 |
Cripes..
Mon 16:07
for a moment I thought I had missed something good, as this board showing BP reached 494 today.
Just a typo I guess.