Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
See this more as dumb money buying in as smart money dumps there shares on them . However in 5 years time i am 100% sure this is a mega time to buy , just wish they went further on renewables , it is the future .
Surely suspending the divy for a few years and putting the capital to renewables is the best long term plan , a bit of pain now , then BP will be a leader in the renewable market going forward. Oil wont last forever .
Help me get a nice entry as well.
Huge divergence on chart , back test it , if market makers feeds sub 200p, see this quickly going to 350p after usa election , thinking low will be 180-90 area .
However never underestimate the greed of the market makers . Starting to build position sub 200p.
Gla and i know far less than you do .
Any thoughts on ,
if oil is still the energy for the future, in the next year/ decade will you drive an electric car , will you fly less , will the stuff filling your house be plastic from china bought here on a container ship.
Splitting funds, the main reason is because another event like the deepwater horizon will happen , so spreads risk across a few companies.
Read up on etfs . Exchange traded funds , give exposure to a sector rather then trying to pick an individual share out of the hat . I Try to find under sectors and look for a vehicle that covers that sector , silver was an example recently bought slv etf now looking at oil , copper etc .
You may find it easier to trade etfs on long term fundementals . Several wealth fund managers wont touch individual shares as to easy to see there position and bet against it . Instead spot a trend currently copper is interesting and buy etf like copa . Maddeningly most oil etfs use highly volatile cfds and futures contracts , waiting for a doom and gloom day to buy in here and shell , split 50/50 .
GLA
Cant see this going to a pound , however sub 200p looks possible with corony 2 , everyone driving electric cars by the end of next week . Ships could be paddled by the newly unemployed to stop them getting idle and save fuel . You just need to think out the book guys .
Up 16% someone has got wind of results , new branches opening as well , this is primed . Still value sub 20p.