Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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theluckyguy - be careful. If you look at the value of your capital today you'll enjoy a yield over the next 12months of 5.2% on it, not 7% as you say.
am sitting tight and taking 7% a year on this one no brainer
Cheers mark.
Another reliable share hurt by inflation state side.
https://www.reuters.com/business/retail-consumer/kraft-heinz-beats-sales-estimates-higher-snack-packaged-meals-demand-2021-08-04/
Mojo
Briefly, greats posts and opinion today. Thanks
MarkGo
Don’t know what to deem defensive at the mo look at what happened to ulvr and rekitt their margins are being hurt by inflation at the moment.
SSe is quite good as a inflation hedge but U.K. utilities have one big problem and that’s the gov and their want and need to regulate things. Centrica was similar in that regard they destroyed that company.
Prob the safest bet is to sit out for the mo a lot of hedges will sell off losing positions in the coming weeks to balance the books. I keep reading a lot of them are holding cash back because they’re expecting a drop. I think the Dow struggling to go beyond 35k is a sign I could be wrong but it looks like it’s ran out of juice and with earning season almost don’t really what’s left to drive prices up. Think a lot of people underestimating the sp in a lot of shares being the top end for a long time. All in all uk markets really don’t have the clout anymore when you have companies stateside making massive gains so quickly the allure is too strong to bother too much with UK plc unfortunately.
Well take a balanced view then 30% up from here
If the correction is in tech stocks then couldn’t more defensive stocks attract investment?!
Yes only short term relief atm Mark I’m a bit concerned with the market especially the American tbh they’ve been quite frothy for long and a lot of analysts expecting from now to early sept for a 10% or more correction. We may of had a bit of a taste of it in July but worse could be to come. It’s annoying cause my nerves are getting the best of me other day I piled into sse after the divi payment as it had fallen quite a bit but then I got really nervous with the markets and sold at a small loss. Look where it went today lol. Did the same with beeps yesterday and sold out for a tiny profit instead of waiting but I feel the market will turn bad in the coming weeks. If the correction does happen I expect prices we haven’t seen on the ftse for a long while. It’s a bit sad cause our markets are dictated by Americans but doesn’t actually go up with theirs so when they drop they take us further down.
Broker price forecasts are usually given on a 12m timeline
Brokers
I always find it strange that the only brokers the majority of investors take note of are the ones who have the highest price targets. They are the professionals.
Those brokers with low price targets, obviously, don't know what they are talking about even if they price targets turn out to be correct in particular with BP.
I wonder if Barclays have a time frame for £4.75 or is it just before the end of time.
That's been well know for a long time
That spanner could well save the company in the medium to long term. Electric cars are becoming more and more common. How many did you see on the roads 5 years ago compared to now. The roll out of wind turbines and solar is ongoing. Not to mention the upgrading of insulation in homes etc etc.
Agreed in the short term (next 5 years) Oil will continue to flow in similar amounts to today but after that it will decline, maybe even earlier.
Just my prediction, probably wildly out but maybe.......
The spanner I was referring to is the green transition, and before anyone says anything I accept that it's probably inevitable. Some of the oil majors like Exxon/Chevron who are focusing purely on fossil fuels are back at pre COVID SPs, and yes they could come a croper in the long run if the markets think their product/business is no longer viable
'Guess it's reference to GoM payment !'
or Exxon Valdez?
Guess it's reference to GoM payment !
What spanner please
Not yet by the looks of it. Nice to see the upward revisions, but still a big difference in the price targets. Still mixed views/uncertainty out there about how BP will manage the green transition. Without that spanner in the works on yesterdays numbers we'd probably be back to pre COVID SP levels by now.
The biggies then barclays, goldman sachs, BNP Paribas who were all over 4 not come through yet Compound?
They've started coming through this morning....
UBS RAISES BP PRICE TARGET TO 410 (380) PENCE - 'BUY'
BERENBERG RAISES BP PRICE TARGET TO 310 (285) PENCE - 'HOLD'
DEUTSCHE BANK RAISES BP PRICE TARGET TO 313 (294) PENCE - 'HOLD'
RBC RAISES BP PRICE TARGET TO 390 (350) PENCE - 'SECTOR PERFORM'
Think we are at a tipping point. There is no recovery without oil and BP probably now confounding the ethics, risk and governance committees. But BP got a radical green agenda so its ethical, right?
No brokers re rating anywhere. Would have expected some comments