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.
B64
''Get out before 28th ''
gin
''I think that's a good idea.''
??
I will not be selling a single share in the very near future let alone in the next few days.
Certainly in Dr, I couple wrong,but been here long enough,to see the pattern
Yeah confused me as well, don’t see why that would affect share price
Brave64...why 28th? help me understand? this is the div pay date; ex div was 15 Feb 2024?!
Thanks and sorry if I missed something!
Morning Brave64 I think that's a good idea.
Get out before 28th ,will probably sell 50% then back in under 5??
You have to wonder about the repercussions of Gaza deal. Kicked off yesterday with demo at the British Museum.
Toxic alliance, JSO types and hamas types....
Gingy
They used to say that to get sanctioned by the board you needed to be able to prove that you could get a return on capital of at least 16%.
These figures are well,out of date,so do not know if it’s still the case.
Several renewable types ( solar, ev charging) the board say give similar returns to that.
The board also say they can add 4% to that by trading.
Personally think the main threat with renewables is if subsidies drop.
Except US offshore wind which is to be avoided for now
Hi Clued, let's hope so. My main concern is with oil being phased out, and out of fashion, is all this renewable energy going to give us as shareholders the returns we get from oil. Personally I don't think so but who knows.
We plan to get simpler to create value
For bp, the past four years have largely been about origination. Everywhere you look across the business we have tons of options – in oil and gas, solar, bioenergy, hydrogen, offshore wind, EV charging.
The big focus now is getting our organization, the engineers and the commercial people moving from origination to execution. Focusing means forcing the pace on decisions, stopping lower-value activity and reallocating our people to the right place to speed up delivery times on projects to increase value. To me, it’s all about focus, challenging ourselves to simplify everywhere we can.
Take our oil and gas business as an example. Over the past few years, we have centralized projects and operations and created agile squads that move to priority work. We have a ‘design one, build many’ mindset, and we have continued to lead on digitization and technology.
This is delivering results, creating value and lowering emissions. Our underlying oil and gas production grew by 2.6% last year and we expect to grow earnings (EBITDA) to 2025, then keep them at that level through to 2030, with the capacity to sustain earnings at this level well into the next decade.
Clued
There does appear to be positive news regarding both BP and many other UK shares.
Hopefully this is the start of UK valuations being more normal.
FTSE 100 near 52 week high.
It’s funny how when sentiment does change, no one wants to miss it and momentum starts to play its part.
And the stocks that no one would touch last week, suddenly even thought 50 p higher are the new must have.
Hopefully both BP and my other UK shares fit that description soon.
Gingy, heads or tails on heading above £5 ?!! Seriously though, I think we will trend higher as investment flows back to UK markets and interest rates start falling.
Do you think we'll drop back or push north?
Glad to see £5 again..
Think it’s going to depend as always on what the big boys want.
Do they want a close above £5.
They really are playing their cards close to their chest.
But we will know in under an hour
Https://dividenddata.co.uk/dividend-yield.py?epic=BP.
Based UK prices
Well that didn’t last long
Oh bugger spoke to soon.
Let's hope we can get keep our gains and stay above £5. LTH
Driftking, the dollar has gained over 1% on sterling since yesterday, while the oil price has dipped. Improving BP's sterling dividend yield and share price in the process.