George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Https://oilprice.com/Energy/Oil-Prices/Wall-Street-Remains-On-The-Sidelines-as-Oil-Jumps-to-90.html
Has anyone got the link that was posted recently that shows brent price vs. bp share price?
Did note last night of the 4 oil shares I watch in US
BP down
Shell up
Exxon up
Chevron up
So agreed some is BP related
Shell natural gas related
https://oilprice.com/Latest-Energy-News/World-News/Shell-Expects-Lower-Q1-Earnings-From-Natural-Gas-Trading.html
Shell still up today just like yesterday but everyone seems to focus solely on price of oil but gas price has tanked recently,almost negative in Texas just now but not sure of absolute figure but I did read awhile back that 48% of BP production is actually oil equivalent which is gas and condensate so its a massive downer to be taken into consideration.
How they convert gas volume to barrels of oil equivalent I have no idea
It’s not just BP all my shares are down.
Market down 80 pts.
Sp not important short term as long as it can stay above £5.
It’s all about the oil price and earnings for now.
Although $90 oil will start to affect inflation again.
Thanks spights. Brent now at over USD 90 , unbelievable that BP is down today !!
Dulwichman, and yet Starmer himself isn't exactly a poor man having had a high salary Tory type job for years !! When tube drivers are earning £50k + p a., more than some blue and white collar professionals, Labour's "base" can be a bit confusing.
DamayHill, and wonder if Labour will sort out this "Loan Tax" scandal, likened to the Post Office one, that HMRC are stubbornly refusing to let go of even after the courts have confirmed is "illegal" ?!!
Don’t care about day to day movement, traders will be making a mint with upward volatility and this will flow through to results
Bp in US finished down though. Dow jones down over 500 points too
Do we have a party or some sh**e?
Seems to have tucked itself behind a paywall.
Try typing the headline in to your browser
Let's face it, Labour's fiscal policy will be based on what they think they can get away with whilst still being re-elected. It won't be based on much arithmetic, it will be the sweet spot where centrist(ish)-left ideology meets unabashed, professional self-interest. The NI reversal or at least partial seems likely and the pension lifetime cap is one that doesn't get talked about nearly enough. We are, as responsible private citizens, apparently encouraged to think much more proactively and long-term about provision for our retirements. Meanwhile, the parameters around how much it's worth putting into a pension before you get taxed at 55% (!) have no fixed point whatsoever and any government can change them with total impunity. I realise it's a conundrum only a fortunate minority have to even think about, but the party political hokey-cokey on it on is nonetheless completely unacceptable.
The issue is people in the UK see wealth as anyone earning >£100k, when in reality its the hordes of family offices and multi-multi-millionaires we are happy to entertain with a 20% CGT rate. How can someone earning millions off assets and no productive work (ahem Rishi) get taxed at less than half the rate of someone earning £125,141??
Anyway back to oil - doesnt look like $90 will break but BofA has stated $95 oil is likely, for whatevers that worth
Re Issues with the next Gov. Firstly Labour do have a complete net zero commitment and are showing their colours on this. They have rowed back on a huge spend up on this but iis this just smoke and mirrors? It should not also be forgotten is that so far Starmer has kept the far left hidden and quiet ( but they re stil there and with a big majority may well b much stonger). What ever people may think Labour is Labour and they are spenders and disslike wealth and the people who have it.
I wouldn't wish that as BP are still in with a shout of getting their share of gazprom back and another few pence a share
Not even ‘math’……. its just simple arithmetic !
WeirdPal.. it could be because they don't have one.. Labour are not particularly good with math.
Agree with Weirdpal re Labour and CGT as many nowadays own shares, not just the very rich (I would define as over £100m net worth) and if Labour are serious about their policies then a Wealth Tax around 65% for marginal earnings above £10m per annum and around 5% p.a. of net worth for latter above £100m. Also, raid the UK-based Russian assets as Russia can't legitimately complain having 'taken' billions£ of UK company assets !!
Rheinmetal_fan, hope you'll also get some premium Easter Eggs if any are left ?!!
I can see labour rowing back on the recent Tory NI reductions, reintroducing the pension lifetime cap but leaving the dividend and CGT allowances alone (as they are already terrible vs. previously).
Giving that we are potentially 3 months away from an election at any one time its pretty harrowing that none of us can explain Labours fiscal policy today