Member Info for Agami

Yeald is 5.29%

Stick this in your research list of resources

https://dividenddata.co.uk/dividendyield.py?market=ftse100&sort=yield&order=1

An interesting view of the global markets.

https://www.trustnet.com/news/13266548/five-reasons-why-investors-should-prepare-for-an-autumn-sell-off

Seems to be following the Footsie down, for some unknown reason.

Interesting detail

https://seekingalpha.com/article/4435163-rosneft-stock-avoid-this-russian-supermajor

https://www.bloomberg.com/news/articles/2021-06-22/russia-weighs-proposing-opec-output-hike-at-next-week-s-meeting?sref=dJOSAJZH

Like 23 other companies, Do you want me to name them ?

I am NOT joking...until there is a JAB that will be a panacure, there will be a continuous death-toll caused by the Covid virus. We are all aware of how a virus transmits, so the Flu virus and the Covid virus will diminish due to our joint behaviour. Due to us preventing close contact.

Being jabbed does not mean unable to be infected,
Being jabbed does not mean being unable to pass infection on to others.
Being Jabbed means you will have less probability of major life threatening effects.
The Jab is not a panacure. The media is to blame for reports of a Passport to freedom.
Because the JAB is not a panacure, there is no possibility it will cure this pandemic.
I implore readers to remain in total recluse mode. Keep using your masks and refrain from social gathering.
THAT is the only way we will beat this .
Buying BP very soon, maybe tomorrow or Monday.
x

Based on a LTH position of 360p. I am here with my eyes wide open, so personally I think the fund managers have deserted BP, due to an uncertain future of the next 20 years, the transition to a green power company is riddled with uncertainty, no matter the price of oil anymore. Hence the disconnect with Brent oil price.
I see that BP's aero-fuel returns are still to return to pre-pandemic levels., If they ever do. Public sentiment on using remote conferencing/meetings will continue to erode on flying to a meeting.

The reduction of flights and fuel for vehicles, will be the narrative from now on. So untill there is a company trading update providing income figures from green derived energy, showing the next 20 years of green usage figures, there will be no clear understanding of where income will be generated.
This is all too much for me, so I have resorted to trading BP. to try and recoupe some losses.
Alex GLA.

Maybe it's the Miners and Insurance companies dragging the Footsie down. US open might change things.

I think you are looking at the December 2020 figures. "is" should be changed to was losing money last year. Odd but true. I think. ;>)

Hi Mac, This happened with Horizon Discovery and eventually found out through RNS that it was shorts expected to have to close, by the same company that made the offer. the SP had been depressed for 9 months by the shorts so the offer was kept low. I held and got 185p, (thinking there was another offer coming) when I could have sold at 220p.
This is not advice, just explaining possible underhand action that screws the small investor.

Not invested here, was looking at the yeald of 13.51%

ATB Alex

New director says Rosneft has exploration cost advantage

"I think that our advantage is the impressive low exploration costs, below $3 per barrel, I think it's $2.6, something like that,"

https://www.reuters.com/business/energy/new-director-says-rosneft-has-exploration-cost-advantage-2021-06-07/

I imagine there will be a delay between todays PoO and being reflected into BP's revenue and so SP.

I also think aircraft refueling facilities would have filled their storage tanks while the PoO was low. Maybe even the aircraft filled their tanks. So there may well be a delay of a month or so in increased revenue from aero-fuel orders.

https://www.bbc.co.uk/news/business-57282008

French oil giant Total rebrands in shift to renewables

"The International Energy Agency surprised the energy market this month with a report suggesting fossil fuel production needed to slow down much more quickly than firms were planning for.

The IEA said there could be no new investment in fossil fuel projects after this year, if the world wanted to reach net zero carbon emissions by the middle of the century.

Carbon Tracker says global energy firms and state-owned producers have fossil fuel reserves on their books that will have to be left unexploited, if the world is to have any chance of meeting its carbon emissions targets.

Hedge funds, as well as large investors like Blackrock and pension funds, were beginning to recognise that failing to adjust plans in the light of climate targets represented a financial risk to companies they invest in, Mr Coffin said.

"From an environmental perspective, we want these fossil fuels to stay in the ground - they're unburnable carbon," he said.

"From an investment perspective, you don't want to sanction them because you're wasting your capital. You won't see the historic returns we've seen from oil and gas because of the slowdown in demand."

A couple of days ago Google marked BP up as one of the most traded shares on the FTSE100. As day traders use TA , the charts become self prophetizing, due to the number of TA day traders following the signals.

I know this is obvious to most on here, this post is directed at the abusive LTH posters who appear to hate day traders, it is also known that CEO's also dislike day traders for clamping the SP in a channel. Buy-backs eventually reduce the day trading signals by reducing a market awash with shares.

Buying back a share at £3.10 that BP sold at £4 £4.50 or £5 is not usually mentioned, the economics sounds good to me.

If you buy into a share with 20.2 Bn shares in issue, LTH should expect day traders in this mammouth company. The charts make it a day-trading-magnet.

Alex

The oilfield decommissioning liability of 100's of millions £ goes with it too, the asset sale value is just part of it sum.

This post is at least 6 months if not a year old when the div was 10%, really it is so bad and miss-informed it should be edited or removed.

"Barclays expects Brent and WTI oil prices to average $66 a barrel and $62 a barrel, respectively, this year. It cut demand estimates for the Emerging Markets Asia (ex-China) region, flagging the risk of further downside if the recent surge in infections persisted."

https://www.reuters.com/business/energy/oil-nudges-up-set-biggest-weekly-loss-since-march-possible-iran-supplies-2021-05-21/

Razu, I make it money spent £369.22m. multiply that by 1.4 £ to a $ = $516.9m.