Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
New travel restriction in Dublin announced yesterday, advising essential travel only to Dublin, but Ryanair are not refunding or giving vouchers to accommodate this. ÂŁ250 down the tubes. Last time I book with Ryanair.
Pretty poor management whichever way, if nm knew or didn’t know. And some posters want solg to go to production.
Is there any situation that the share price could significantly fall?
I Think just a general update that doesn’t require a rns.
Keeps the posters posting, maybe kill of some speculation and also add some.
Does anyone know the price per barrel that bp starts to make a profit, after all costs, repairs, renewals, maintenance etc.
Thanks in advance.
t is not just in the U.S. that Big Oil faces headwinds. Its opportunities and reputation are in decline worldwide.
The oil majors, including Royal Dutch Shell Plc, BP Plc and Total SE, operate in a world where they are often denied access to prime prospects. They’re kept from investing in key areas of low-cost production, such as Saudi Arabia, Iran, Venezuela and Russia, by local laws or the risk of sanctions. In other areas, they face contract terms that make investment unattractive.
It’s not just the lack of opportunities to discover and develop big, new oil fields. The companies are facing the need to reinvent themselves in a world where their core product is coming under increasing pressure from consumers for its impact on climate change and local pollution. And the long, hard slog of trying to turn themselves into producers of sustainable energy has only just begun.
Exxon’s removal from the Dow may not signal the end of Big Oil, or even that its end is near, but it is reflective of the industry’s failure so far to adapt.
I think BP still has exposure with its purchase 2 years ago of shale in the USA and shale is going down in the states as they can’t compete on price. With the price of oil not forecast to increase much for another year, the shale Oiler’s don’t look good.
I made a complaint to LSE and the reply was that they have changed the company that do the ads. and that they know of the problems and are working to resolve the issues.
Death rate would be much higher if there was no lockdowns, the countries which have been to slow or have been very lax with their efforts have suffered more.
I don’t get investors who want to stay, the same old same old. If businesses don’t adapt and change on a ongoing basis, they will stagnate and as far as I’m concerned stagnation is actually going backwards. Coal rings a bell. Oil will be here for a long time, for many other reasons than just fuel for transport.
Good luck on share picks.
BP is making moves to stay ahead of the curve on carbon, if they keep using the same model then in 20 years or so this world class company will be doomed. I personally think the company is looking forward.
Does this mean NM has bought shares cheaper than the placing and most others on Friday?
BP just announced 10000 jobs to go, 2000 in the uk.
Hi goldgnome, there is a lot of sh.t still to happen as you suggest, any monies held in banks etc. will just depreciate. Best to keep invested in companies that are essential.
LEVIS, are we to believe that Russia & and the Saudis didn’t know that there was going to be an oil oversupply due to covid. They then announced that they would increase supply in a supposedly oil spat knowing that there was going to be zero storage left, only to make up very quickly. In the meantime oil companies share prices crash and the Saudies go on a share buying spree, I don’t know if Russia done the same.
With most industrial countries going into lockdown, oil production was always going to exceed demand. By using covid they have increased the costs to the yank shale producers, bought billions of dollars of shares on the cheep. A win win situation for them in times of trouble.
Now Russia and the saudies are in control of the price and supply of oil.
Big games getting played in times of strife.
Would the drop in sp this morning trigger stop losses? And if so the mm’s must have shares sitting, as the sp has remained fairly static from this morning. I was anticipating the drop due to the placing and then a rise back to 24 ish very quickly.
Hi char333, I did also mention lth will be well rewarded. I also don’t see interest rates rising in the future, therefore for me, holding for the next 10 years, collecting the divi and the increase in share price over this term is a no brainer.
If shell has reduced its divi in relation to its pre Covid divi, then once shells sp moves back up, shell will surely increase its divi to keep the correlation and shareholders happy. Therefore buyers at this sp, and intent on being long term holders are going to be well rewarded.
So what you are saying is the share price is valued correctly at this moment. And that you are waiting on further news.
Share prices are are dependent on profits and dividends, if companies are not well run we all know what happens. Large companies can have economies of scale, but can be like dinosaurs, slow to adapt.