Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Omi, sng,jay
Cheers Poker I think BP update will be good, but we shall see Tuesday!! I m currently on nightshift hard to get time to research other companies are there and you think are worth researching please??
Boyo I agree mate but if a deep water horizon happens to one then half your moneys safe in the other if you were 50/50. I am convinced both will come good in time buying in today but over what times line 3 years?? 5 years?? Hope your having a good weekend mate!!
Personally I would be very careful before investing too much in both RDS and BP... I would also diversify as Boyobach has suggested....you need to really look at the balance sheets and try and figure out just what investment both need to do, and what cost all that will be..in order to adapt for the next decade......articles suggest BP needs to invest a lot in order to achieve their new ideas and targets ..I would be very careful about grabbing an 8% yield..what looks too good (anywhere), may well turn out to be false gold....
BP have an update due and I would look well under the bonnet of what they intend to do and how they intend to do it.....and HOW MUCH it will cost !!!...don't get too pulled in by what looks like a cheap share price and high dividend yield...RESEARCH !!
The same will need to be asked for Shell and they are due to report their new strategy in February I believe.....which again is likely to have costs attached...
I think for both knowing as much as possible about their latest strategies and 3-5 year targets is essential to trying to see the forward earnings potential...
Not great to have too much in one company does anyone here .... think BP is worth investing in also?
My view, Grippa, would be that RDS and BP are so similar that they offer no diversity. If your first point is correct (and only you know the answer to that) then you'd be correct, in my view, to invest elsewhere but - in general terms - if RDS goes up or down then, long term, BP is likely to perform similarly. The trick is finding an alternative that spreads the rewards and risk, or tends to move in contra fashion.
For me RDS/BP is a straight either/or decision - almost a flip of a coin, although I'm sure many would hotly dispute that last bit.
Not great to have to much in one company dose anyone here other than the obvious covid /oil price think BP is worth investing in also? I believe there getting a 8 % dividend to or 5%????
As the week draws to a close there’s little overall change for RDS since the end of last week.
Brent is down about $0.6 and RDS is down about 7p - so nothing much to see really.
Here’s RDS against the FTSE and long term leader of the oil pack, Chevron, over the week: https://invst.ly/skhkc
Despite the week’s volatility, today’s price action tends to confirm that RDS is levelling out at nominally £9.50. Of course, when RDS was at £25 a 50p shift in sp only represented 2%, nowadays it’s over 5% - so I guess it may be a new ‘normal’ for long-term holders. Here’s RDS v Brent, Chevron, Exxon and BP over the last five months - this period has been the main killer for all of them in terms of sp:
https://invst.ly/skhm8