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I'm beginning to think that this ridiculously low share price is lookinging suspicious!! Have you ever noticed that very often , just before a bid , a share price is driven to to unaccountable low levels. The next thing is that a bid is made....and hey presto, the share is up.by 33%!!!! I would not be surprised to see this share go to £4.50.....before jumping to £6.50!!

Apparently, they are not paying a dividend at the moment, despite the information on this board! Maybe they will recommence the dividend, that will certainly help to boost the share price.

As far as how far this share can rise, I am not greedy, one of my short term targets is £2.20 But certainly £2.50 is a strong possibility. And in the next two years Maybe much higher!!!

Hi Nimrod, out of all the mining shares you have been watching, which of them has the most potential in your opinion?

Has anyone seen the trades on here for close of business on the 17th May? It does not reveal if the trades were buys or sells, but there seems to be a very high volume!

Anyway, thanks to everyone for your thoughts about oil price, there are obviously a very complicated number of factors.

On balance, I shall continue to hold BP at least until the elections, as I feel that there after there will be a market correction. But the shares do look cheap compared with other oil companies and if they go much lower, surely they could be susceptible to a bid!

I have been a holder of HOC for about 5 years and I was sitting on a loss. Very fortunately, I recently increased my holding by 5 times some months ago when the shares reached £1. That wiped out past losses and put me into a healthy profit. But on Friday, on the news that a director had bought in after a long period of inactivity.....and the news of a silver breakout, I pounced!! I increased my current holding by x 3. And so, I am anxiously looking forward to the opening of the markets on Monday. Of course, as is often the case, there may be a huge sell off of silver and the usual manipulation. But somehow, this time I think it is going to be different. What do the rest of you think? I can see HOC going to £2.50 in time.

I started the debate on buybacks just over a week ago......and I want to thank every one for their thoughts and contributions. It seems to me very frustrating that we are not paid a higher dividend and that debt is not paid off. Certainly, I agree that the buy backs will be to the considerable advantage of the Directors of BP and their bonuses.

However, I have a second question. Where do we see the price of oil going, firstly in the next 4 to 5 months before the next elections in the USA and UK........and then beyond that into 2025. It seems to me that the media have different predictions every single day! Opinion seems to be divided as to whether the oil price is destined to fall below $80 or go considerable higher again. The Governments are going to try and keep things sweet until they are re-elected. They say that they are combatting inflation and that interest rates will soon fall. That does not sound like a good strategy to reduce inflation!! So where is oil in the equation? Surely Governments do not want too high an oil price before the election because it will increase inflation. I ask this question, because it seems to me, buybacks or no buybacks, the price of oil is absolutely crucial to the increase in the price of Oil shares. Your thoughts would be greatly apprciated!!

I see there were more buy backs again today. BP have purchased millions of shares for cancelation, but why is it not having any positive effect on the share price??? Maybe it has had an effect, if so, just imagine how low the shares would be if they were not buying them back!!

At the moment I am holding, but it looks as if oils are on a downward path for several months......I hope not back to £4.50

With regard to next weeks results, the price of the shares usually go down when they are announced.......especially in a tired 'toppy'market, due for a fall. Trouble is, is cash a better prospect? Where does one put cash for a return and little risk? At least we get a dividend, I suppose.

Looking at the charts, I can see this going to £2.50 before the end of the year or early in 2025. Obviously, there will be pullbacks on the way and maybe a major stock market correction! However, this share looks to be on the ascendancy.

I agree whole heartedly, if we were lucky, £1.50 would be an excellent entry point. I might even consider paying £1.80, but in the present climate, where a lot of deep thinkers seem to calculate that the world economy is in a worse place than in 2007.....it might be prudent not to rush in where angel's fear to tread!

Dear friends, I have been watching this share for a long time waiting for a suitable time to buy. I don't want to scare anyone, but I think it is not a bad thing to take note of the last flash crash of March 2020 when this share touched £1.50!!! It is not unreasonable to think that it could do so again.

A sudden massive jump today......and then a sudden return to £3.70 Something is going on!

Below is my comment made in March 2020. I held off from buying since then. I have to say that with falling property prices and other headwind pressures.......these could have further to fall in 2023. But it may be worth buying a few before Christmas 2022......it maybe cheaper than drinking at home and paying those expensive heating bills!

"RE: This will crash if uk pubs close16 Mar '20
I think real ale lovers like myself will all be the losers if this splendid company goes under! For me it is not just about making money. So I sincerely hope that the more darker predictions do not come to pass! However, the shares have been vastly over priced for some time. Thank God I did not let my heart rule my head and buy at the top. I am very concerned by some of the comments on here about the company holding a lot of debt, but it doesn't look as if interest rates are going up any time soon. And as soon as the virus situation has resolved itself, this company will thrive. I may dip my toe in, should the shares move below £7"

Very good points made by you both Cassandra & Strathy! Points that I had not considered previously, so I am grateful to you. Even more so in the light of recent economic events. As you say, a key part of the equation regarding the true value of the company is not only future profits going forward. but how much interest they have to pay on their enormous borrowings. In the light of what you say....these shares could have further to fall!!!
Could they go back to £2.80 or below? In the present climate certainly!!
There are only two positives as far as I can see.....people will always need funeral directors, so it is a steady niche market. And with the recent devaluation of Sterling, a foreign bidder might emerge. But for the moment this share is looking too risky....I'm out!

I think in the current financial climate all shares....good and bad will fall. As far as I can see....CARD could go to 20p! They have already fallen 18% since my last post.

I note with interest that a Director bought a substantial number of these share in August at over 52p. That is a good sign.
However, even though debt has been reduced, I assume that there will be higher interest on the loan going forward. And with so many under pressure with increased interest on their mortgages, this could have a negative effect on profits going forward. Will people cut down on the sending of Christmas cards? I know I have....as it is such an expense with the cost of stamps and all. Also we are entering a very turbulent time in the months ahead.......so I am going to wait a bit before investing.
Last year, I did very well on these shares, having bought them before Christmas and seeing the price halve......and then return to value and a healthy profit. The same could happen again!

Yes oil was just over $50 a barrel then! And they estimated the value of each share to be 97p based on oil assets.

"Rockhopper’s value is tied up in the company’s assets, specifically in the Sea Lion Complex. It’s thought that this asset contains 517 mmbbl of resources and has a break-even cost of $45 per barrel. So, even in the current environment where oil prices are struggling to move above $50 a barrel, Sea Lion will be profitable.

City analysts estimate that Rockhopper’s net asset value stands at around 93p per share, more than 200% above current levels. There’s $63m of cash on the balance sheet as well to protect against the downside. What’s more, if the oil price returns to $70 or $80 a barrel this net asset value could see significant upgrades. In other words, Rockhopper has the sort of attractive risk/reward profile small-cap oil investors require.

Overall, Rockhopper looks to be the better investment of these two early stage small-cap producers. "

Your comments gentlemen PLEASE!

Despite negative comments here, it must not be forgotten that Dignity is a major name in the funeral industry and will always be in business. I think that its a good bet to buy these shares at any price below £5. Should there be a takeover......we are looking at least for £6.75. A nice safe share to tuck away and wait for the jackpot!

I understand that these shares go ex dividend on the 11th........do I have to hold the shares to the 12th in order to get the dividend before selling?

I will not be buying these until we reach £6 -£5. The P/E ratio is far too high. Good product........but too expensive already...... and little chance of increasing the already over inflated price of the product!

Looking at the head and shoulders pattern over the last few months, I think we are heading for £47 a share. Quite a few stock market gurus are recommending we all get into commodities and hard assets. I have always thought of Rio as a commodity play........but there is a difference between a share and the real thing!!! Does anyone have any thoughts on this? I am not being a doomster, just hyper cautious in this present market.