45p profit per share, plus another circa 45p in divis, so not bad for a nailed on winning investment, to supplement the risky part of the portfolio. So about 20% in 2.5 years. Not bad eh really, for what was always a winner over the long term.
And a takeover? Lovely, yes please. 600p+ a share then, or if the SP tanks to 350p a share, then 500p for takeover! Lovely. But then, companies get taken over for the current SP, in your twisted mind? Muppet. If BP stays at 450p AFTER the case, then takeover is definitely on the cards. It wont happen with such a heavy liability over our heads though. Imagine if GN wasnt already pretty much priced in eh?
yes I feel you ... Esso, Gulf Oil, Exxon, Shell, and ExxonMobil all feel it too ... they can all afford to buy BP ... Obama will love it ... no loss of jobs, more tax bucks in the U.S... so watch for an sp down by ~30% on news ... what have you made in 3 years, 25-27p/share? get out now ...
Don't be naive mate. BP is best mates with world Governments, as oil IS politics, power, and money. End of story. Oil companies are not just companies, they are ingrained into Governments. Tony Hayward used to play golf with George Bush. Wars start over oil. Ask Saddam and Gadaffi. BP will be made to cough up for public perception, and also the Governments public credility, but ultimately, the US have no interest in all in stiffing BP, losing American jobs, affecting the American economy in a bad way, or in short, busting BP, as mindless puppets like you seem to think will happen. It wont. BP are getting this whole thing put to bed for 12 billion max. Youll see. That number will be about what they've said on dividends alone since all this started, and it will be paying in instalments over years.
The judge will know what's good for him mate. Those 2 lads who have been put in the dock later on, who BP, the Feds, and everybody else, will blame them for the accident, not BP as a company. They will go down for 10 years, their families will be well looked after financially, and they will probably have good jobs to walk back into after that...... then everything will be forgotten in a couple of years. The Judge knows where his interests lie, and whose side the law is on. The law is green and yellow, shaped as a circle mate. Theres 2 things you can do about it. Nothing, or like it.
Once the AMF is armed at the surface control panel, upon loss of power from the rig to the BOP, the 27V battery will power the subsea transducer module (STM) that measures surface hydraulic and subsea hydrostatic pressures that are parameters used to activate the AMF sequence.
The 27V battery remains connected to the STM while both SEM PLCs boot, execute, then reset and disconnect the 27V battery from the STM. In the case of the blue pod, SEM B PLC did not boot or reset (indicating low 9V battery power).
From the time of the incident until the blue pod was recovered 74 days later on the Discoverer Enterprise, the SEM B AMF card continued to cycle the 27V battery power to the STM transducers each time the AMF card initiated the restart process, thus draining the 27V battery pack.
The “dead” 27V battery combined with SEM B not re-setting during the AMF test at the NASA Michoud facility indicates the blue pod AMF activated on SEM A at the time of the incident.
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.