Member Info for AKA0501

With the two RNS posts asking for 5min extensions on auction, where are we going to be in the morning - G&T or licking wounds (dependant on where you are on the holding / buying stance).

Bloody great big game - but keeps us out of mischief during lockdown.

PS - Is everyone doing their daily exercise with Joe - I do hope so, we cant let the four packs go (I'm talking Heineken of course).

BOL

Arsenal

Agree with your evaluation, perhaps not quite £7k following 0.5% SD and fees but still not bad for a few days hard work in front of the PC

Shares Profit Profit
10000 £0.45 £4,500.00
7000 £0.32 £2,240.00

Don't know where the other guy is working his math from but would suggest a trip to the calculator shop to replace the one in his house.

Good Luck to all and take the post in the manner it's intended (humour) - keep safe.

IMO, thinking we may see sub £3 by Friday 2pm. Hope this is wrong got it's not helping the "old ticker" with all the variables...

Shampoo,

If you were on a rig finishing a 6 week stint with no cases of COVID-19 reported, would you want to come off - kicking and screaming...…… (family exceptions I know).

Keep the faith, keep the humour, keep safe...

Hammer,

PS - Never under estimate yourself - this **** isn't actually that complicated. A decent bit of research on current and past performance, ear to the ground on a decent share trading platform, watch the news (Bloomberg is good), and a bit of luck, the information to take an educated bet (at the end of the day, that's what it is although you don't lose all your original stake) is, on the whole, out there.

Best of Luck

As per other posts, IMO you are onto a winner if you jump in now.

As per other post referring to hindsight and what ifs, he couldn't be any more correct - if you jump in now and the share goes down, you'll feel ****ed that you didn't wait but alternatively, if you jump in now and the share price rises, you'll be the Gordon Big *******s getting fillet steak but realise a profit once it's in the bank, not on paper.

Basically, IMO the price will retrace at least to the mid 4's so would be a reasonable investment all be it, with a £10K investment at £3.38, you stand to gain around £3 1/4K upside excluding any divs @ £4.50 resale.

Your call, but keep the wife in the loop - as long as you do, if you lose, it's a joint loss and not your nuts on the BBQ.

Take care and Keep Safe.

Hammer,

Please refer to my earlier mail today i.e. watch out for the up and downers etc.

IMO, the price will drop a little further with regards situation with oil price and C19 scares but consider capital damage on SP if divi is withdrawn / reduced.

It may be worth riding the wave which is up and down but entry / exit point is still a little "peeing in the wind" what with Trump butting in with his typical drivel, the Saudis ****ing every one off, the global glut of oil, the Russians playing 5 card stud with a couple of aces in the Kremlin etc

But the potential for when the coast is clear, the world's going to go mad with people being free to do what they have been prevented from doing...

As always, don't risk it if it's more than you are prepared to lose.

Is it me - if the Saudis have given the finger to the rest of the oil producing world, are we not in for a trip South in the morning.

What has happened to OPEC for Saudi to be acting alone - or is this a bigger problem.

When you consider that Saudi economy is 80% oil based, how does this span out across the rest of OPEC members.

Rather than kill their economies, they'd rather sell 1 billion barrels at $15 for countries to stock up rather than 200 million at $20 - short term foolish but who is looking that far into the future at the moment, they can set their levels once all the C19 aftermath is dealt with. IMO

Good Luck to all

Hi JH,

Firstly, welcome to the board and the world of trading stocks & shares.

Secondly, and possibly more importantly, don't invest what you cant afford to loose.

Thirdly, don't take note of everything your read on this board, or others, as people are at various states of investment i.e. playing the markets hoping for a down when they have sold their position, and hoping for an up when they are holding and then you get the occasional DH who just likes to shake things up a bit.

Look at some of the self help info giving some basic advice on the state of a company i.e. PE ratio and Yield. Look at history of company to see what they have done historically on a cyclical basis i.e. chocolate companies tend to do well at Christmas and Easter etc.

Decide what your strategy is i.e. are you wanting to day trade i.e. pre-empt the ups and downs and factor in a margin following trading costs or, are you looking to invest in something reasonably solid and hope for long term growth and realise the dividends.

Finally, look out for the global surprises i.e. covid-19 - a lot of us didn't see that hitting as hard as it did as SARS didn't, but slowly crawling back day trading to increase holding. In other words, always expect the unexpected but accept the risk.

Apart from that, it's a walk in the park - you'll be a millionaire by June...…….

Best of luck - Keep safe - keep the humour up

Tough call - results and divi announcement on 28th April going ex-div on 7th May but indicative only. In my opinion, with oil being at low value for some time now, it has taken BP below it streamlined BE of around $30 per barrel. The companies prudent move would be to retain cash and ride it out until recovery. I think this will cause a downward move in value only to come back again when investors have wiped away their tears.

I don't know about you, but I would not want to be invested in a company that was paying out over $2B in divi whilst underlying profits were down.

Good Luck

Just wondering how Saudi deal will sway the price that much in the short term - considering the continued production at present, the worlds individual reserves heading towards the full needle and the global lockdown on demand continuing for the next couple of months - I can see this SP dancing around for a couple of months yet.

Good luck all

I understand the interest in Brent oil price but why is so much of this board arguing about the current price. I'm no expert but sometimes it looks like the prices varies from baby oil to olive oil to brent crude oil.

Keep the humour alive and all, keep safe

Sub £2 - there is market volatility and then stupidity - look at balance sheet and share volume. Again, I repeat who on earth would buy £5 for £3...…….

Possibly, but when?

Warthog,

Agree fully and regret my earlier post.

GBern

I apologise for any offence taken

Demonstrating your pedigree - cant say I'm surprised...…

Good luck to all civil members and keep safe.

GBern,

Just wondering if you were bullied at school or sadistically made ants explode under a magnifying glass.

Either way, cut the crap and try and be constructive, not destructive.

You bounce around like scara pretending you have a crystal ball and are so smug when you get a 50/50 call correct but "surprisingly" quiet when it goes the other - not useful, in fact, just wasting everyone's time to fuel your own ego.

If it goes down further in these times of uncertainty, well s**t happens, you pays your money, etc, etc, but we're looking for an up/down trend heading back north - good for the day traders and the long termers.

People on this thread are doing OK on the whole, but some, not so good so don't rub their noses in it.

Scara, You're a class A A**E HOLE. Peddle your BS in your tiny little mind elsewhere - perhaps with the fairies on your balcony!!!

Scara,

Perhaps look on the money tree at the end of your garden - or balcony.

Do the math and look at liquidity - who values a five pound note at £1 - !!!!!!!!!!!!!!!!!!!!!!!!!!!!

Is Gbern the Skier under a different UN - same drivel, different name!!!!!