The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
When are the next quarter results?
I think this may be a strong quarter despite current climate, should help push back to 200
I think the recent statement for the 2 year extension is because the gov knows there’s some more value in this and it will allow to sell at much higher prices in the coming years rather than rush selling at this current price especially with the current US bank issue backdrop
1 month til interim results are released. This is looking to be a great buying opportunity in my opinion. This dropped more than the other big banks and will recover just as quickly. 20% gain to be had within a few months
Strange, from what I’ve read recently it looks like the dropping wholesale energy prices and slowing property market has led citi bank to estimate a 2% inflation by year end.
Also rising rates further will be more damaging than good for the banks, if people don’t borrow due to high costs, the banks won’t make money
Making an amazing profit whilst most companies are worrying about margins and losing money, this is the start of the cycle. Come back to your shares in 6 months or 12 months. You’ll be fine
Also interested in the meaning of this
Hoping BP are going to follow Shells suggestion on returning more money to shareholders as both companies are so undervalued right now
There’s talk of Europe having to impose rationing on oil/gas and that some countries will need to rely on burning wood. People will be desperate and probably will end up creating a black market for the black gold
They are getting great value on these buybacks, which in turn reduces the shares available even more. The PE of this and shell is stupidly low. Looking forward to august 2nd
Von der Leyen has just said the same for EU.
Profits taxed….BP is still in debt so profits can be used to pay down debts and this will offset profits
Should be little resistance back to 445