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BP Share Chat (BP.)

Share Price: 509.90Bid: 510.30Ask: 510.50Change: 0.00 (0.00%)No Movement on Bp
Spread: 0.20Spread as %: 0.04%Open: 515.20High: 523.25Low: 496.90Yesterday’s Close: 509.90

Share Discussion for BP

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Posts: 171
Today 00:57
Reckon we resume buy backs at these lvl's got a support on fibs at 503, really cant see why Bob would jeopardise
the SP with taking hit with tax reform and deep horizon , so thing underlying results for Q4 will impress and absorb
both hits. Noticed a bid hit for someone £45 m buy 535 and looks like bail at 517 if you have any info???

I think we have taken a hit as to SP because of the surprise of more DH revisions, but SP will wipe it's face and continue upward move after Q4 and throughout 2018.
I will be really surprised if we break below 503 and major support 477. If I had more cash available ( already got 40k shares at 423) I would be doubling up at these lvls for a gapped spike Q4 once the figures have been digested and
obvious exponential growth throughout the first half of 2018, target 595
Posts: 1,267
Opinion:Weak Buy
Fri 16:17
I wouldn’t sell, wasting money on commmision. Buy the dips is more appropriate
Posts: 592
Fri 09:20
Retrace to 465 in short term imho
Posts: 24
Off Topic
Opinion:No Opinion
Fri 09:07
If this price drops to £5 is it worth topping up, dividend yes, growth?.
Posts: 3,294
Off Topic
Opinion:No Opinion
Parties over...
Fri 08:19
Posts: 394
Off Topic
Opinion:No Opinion
RE: Price Target
Tue 20:16
my expectations on figures are very similar to yours, although as a long term holder for income im not too fussed about price movement in the short term as long as they rise over the longer term and maintain the divi, which i think they will. currently holding £50k, and will be adding another £40k tomorrow if no spike up in cost in the morning. All imho of course.
Posts: 24
Off Topic
Opinion:No Opinion
Price Target
Tue 19:23
For discussion, my price target was £5-50 post Q4.I revised that downwards to 5-30p. Views please.
Posts: 890
Off Topic
Opinion:No Opinion
RE: Q4 results
Tue 18:53
Dickyboy - it has been declared by BP that $60 would make them profit on both upstream and downstream operations. The market will realise these fundamentals and I am expecting the next quarter results to be encouraging, so professional of BP to announce further costs in advance of these results, it will make them look better for the next 3 quarters of 2018/19
Posts: 24
Off Topic
Opinion:No Opinion
Q4 results
Tue 18:39
I think that the company have done the right thing by getting the bad news out there prior to their Q4 results. This way there will be no shocks. I think the news on revenues and profit will be above forecast and the company seem to be adopting a positive approach to this news. Whether the results will offset the impairments only time will tell but in the medium term I cannot see any problems if the oil price remains +$60

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