Member Info for 1.ARMANI

Harmonica....I do understand what a "rights issue" is.

More chance of BP 1000p end year than a BP rights issue.

If you are correct then I will apologize year end.

I expect you man up & do same year end.

Asking a question doesn't give you some moral high ground.

My view is as above & yes I except your point of view ....rights issue.

Agree to disagree...look forward to end year 😄

Primetime51.....defo not singing from same.

Same thoughts as yourself.....if the opportunity arises, I'm adding more positions.

ATB

Life blood Debt**

Harmonica ....Best you write to Murray and ask why HE & Elliot's are so keen to Rob BP of its lifeblood

Note CEO aims to reduce debt.

Stop waffling about "rights issue"

The discussions over the past months, balance of debt, including, balance of buybacks and a BOD where many lack experience, understanding, or awareness of the complexities of business investment into nut zero projects.

BP's net debt reached $27 billion by end of Q1

CEO aims to reduce net debt to $14-$18 billion by 2027

Shares have underperformed rivals since strategy reset in February

LONDON, June 3 - BP has jumped from crisis to crisis in recent years, severely eroding the British firm’s stature as one of the world's leading oil companies. Given the increasingly challenging dynamics in today’s oil market, BP may finally need to accept that it is no longer a true oil major and can’t keep managing cash like one.

IMO.......BP failed with "CODING MODELS" Clearly nut zero investment models were based on success and only success.

Market-Dealer .....best to ask RKH long-term investors.

"1. Armani, when a company does NOT have to sell is the best time to sell! Why? Not a motivated seller, so can sell for the highest price. Perhaps BP sees better returns elsewhere?"

Harmonica

Do you understand the power of an Iconic Brand such as Castrol?

Why are you keen on BP drowning in debt?

Bought my first position this morning.

Should've bought earlier but hey ho.....I'm on board now!

gla

Morning Primetime51,

I'm hoping that Castrol's hidden agenda is nothing more than valuation process.

Don't get me wrong, exceptional "due diligence costs" but on brighter note BP keeps the Iconic Brand & decades of future profits.

You are absolutely right regarding buybacks verses a reduction of debt.

Can't change the past but the BOD can certainly address some balance to reduce debt & shelf the current policy.

Onwards & Upwards

Https://www.reuters.com/world/china/remy-cointreau-withdraws-its-mid-term-goals-posts-lower-annual-profits-2025-06-04/

I'll add if DGE ...... retracement 1900p or close.

Analyst's have penciled Year ending 30th June 2026 ...Estimated Forward EPS 126.24p

If investors believe DGE deserves a PE multiple X 20 = 2525p

imo..... fair value PE 16 = 2020p

Plus dividends

DYOR

BP is on a roll with positive news.

Imo..... BP does NOT need to sell Castrol. Utter stupidity!

Two more years & BP could see a trading range 440p--480p.

Morning Optimus,

Indeed there's not much to laugh about.

Trumps campaigns often promised, to end fighting in Ukraine in one day, more than 4 months since his inaugeration (second term)

The Whitehouse meeting between Zelensky, Vance and Trump exposed the real Trump/Vance Administration.

Is Putin stronger? I dont know but the tensions have certainly increased.

Lets hope the peace talks are fruitful.

Bp....we finished hgher :)

Hopping to add more shares amongst all this media nuke.

gla

Primetime51

Agree....all should come down hard on Russia.

No arguments from me that's for sure.

"imo if he goes nuclear the rest of the world should come down Hard on him"

@Primetime51

It's a awful thought.

I certainly wouldn't count on Trump coming down Hard unless he raises a proforma invoice to the EU & UK.

Https://www.tipranks.com/news/company-announcements/bp-announces-executive-share-awards-as-part-of-incentive-plan

Https://oilprice.com/Energy/Crude-Oil/Crude-Below-65-Squeezes-US-Shale-Even-as-Drivers-Celebrate.amp.html

Same 😀

https://en.apa.az/energy-and-industry/bp-final-investment-decision-document-for-sha***-gec-to-be-signed-469164

Added again 361.40p

Happy with the trade.

Https://tradingeconomics.com/stream

House Price Index rose 3.4% Year on Year, coming better than market expectations of 2.9%