Member Info for Argentagold

Thanks Neversellshell for press release links on Amarco 2020 results today. I am a sizeable holder of both BP and RDS bought at pre covid SP’s early 2020. Since then Dividends have halved and by 2/3 in case of Shell plus the SP’s have near halved too. Amarco would have been a better bet for me. Their long term vision for fossil fuel seems so much more positive today as well as still being open minded to big change in due time.

Mr Looney seems to be a disciple of the Swedish Doom Pixie and treating the fossil fuels that have made BP as an embarrassment. He will be selling our Rosnev holding at a bargain price next. I am committed to my BP holding for now so hope his long term plan works and that he respects that cherished dividend and the once very loyal shareholders who need it.

He is best not to forget the fossil fuel energy that has heated and lit mankind since time dot, and later powered mankind’s movement and subsequent advancement for two centuries. This change in energy source will be slow and very expensive with loads of risk to returns.

Aramco results for 2020 seem like another world to those of Mr Looney’s BP. (Their future plans are bullish too. Have I backed the wrong horse, the Arab stable seems better than the Irish one here).

On 21/2/2020 I bough a sizeable amount of LLOYDS and BARCLAYS at 55/178 pence respectively. Bad timing as the shares then collapsed due to Covid and both were due to payout final dividend (one motif for buying) and dividends were stolen away on direction of UK banking regulator. Yesterday I sold Barclays at 180 with no capital loss but LLOYDS at 41 pence are still in the red.
Will the black horse catch up. Would be happy to invest Barclays funds into Lloyds on Monday if there was a chance. Any ideas!.?.!

My portfolio contains four UK based banks, Lloyds, Barclays, Standard Chartered and HSBC. After 20 years in Lloyds I am moving away from Lloyds to HSBC. Lloyds represents UK economy and HSBC represents China and Far East economies. I feel the growth lies where the sun rises, in the east.

One penny dividend is a TOTAL INSULT, better to give it to a decent charity.
The charity they would choose would probably be the board of Directors at Barclays!!!!

Hello, when this split occurs will the company still be a single listing on the stock exchange and also when is this split likely. Previous experience of splits into two new Companies generally have resulted in a loss to shareholders!?!

I agree with the posting earlier today of ‘Last ten years’. My Lloyd’s experience goes back 20 years as both a trustee and individual investor. It has been a bumpy terminal decline in share value from over £6 a share to 37 pence !!. Lloyds is my worst investment ever showing me a 6 figure loss even before the Covid decline this year. As shareholders we have no influence or control of this company’s destiny, it is still controlled by HM Government and its affiliate quangos. Remember NOW TOO the Government has not a penny piece invested HERE - but still holds the purse strings. Think of the disastrous Government sponsored take over of Halifax BS in 2008/9, the PPE fiasco and MORE RECENTLY the last minute theft of our dividends for this year and beyond. This is to name just a few key examples of many HM anti shareholder interventions over the years.

Lloyds price is very much controlled by the Market Makers (or Manipulators) and share movements here generally defies logic or sentiment, today is a classic example. (Clever computer Algorithms will always out manoeuvre the individual investor).

I still have large involvement in Lloyds shares and advise fellow investors to play this share with ‘caution’.

I have HSBC and Barclays too, but I am a little worried about all traditional high street banks worldwide becoming ‘stranded assets’ Perhaps the way forward in this banking area is PayPal or even Bit Coin.

Whatever your investment style GOOD LUCK

I feel sorry for the so called Negotiators as they have to ‘negotiate’ with nothing to trade with no room to move. They are being made monkey’s by Boris and Ursula (and their bosses)

SADLY looks like NO DEAL is a DONE DEAL The negotiators are probably watches NETFLIX and wondering when they can go home. Neither side wants to be the one to call TIME

I have place a decent size order for tomorrow at 32p but think I will cancel this evening

This company retracted their promised final dividend payment for2019 at the last minute. Legal and General maintained their dividend and ignored the Government bullying on dividend payments. I have a decent holding in Aviva and would have sold at the time except the SP hit the skids. This company is asset rich, has healthy reserves, has traded well during the pandemic and has a manageable debt ratio which can be easily improved with careful asset pruning . I hope they can honour their shareholders with a generous dividend plan TOMORROW that compensates for the 24p ‘LOSS’

Will BP share price recover to pre Covid 19 levels, I hope so!! My portfolio was over half in oil and gas and as such the downside losses from the pandemic have been ‘eye watering’. BP at today’s SP is still my largest single holding. Ironically when Bernard Looney took over and increased dividends in Q3 and Q4 2019 I topped up generously, he said the increased dividend was sustainable. At the time things were looking a bit tricky with over supply of oil due to US shale increased production plus extra green energy growth and anti fossil fuel sentiment from the fossil fuel fraternity. Even so in early February before Covid the SP could have moved moderately either way up or down. (Not surprising Bernard Looney was a bit ahead of the game and sold his £7 Million holding in BP in mid 2018/2019, thus spared himself the pain of seeing the same shares at £3 Million today)

BP’s future is debatable but I’m sticking with the company for certainly 2/3 years. (With a price average of £5 my hands are tied somewhat. I have a similar story in my RDS shares as well)
It is hard to think of any two companies better placed to become new ‘Energy Suppliers’ in the long road transformation to low carbon release fossil fuels and the new ‘renewable energy options’. Consider these company’s world network infrastructures and over a century of highly respected contacts, not to mention over 62,000 filling stations across both companies. Remembered the super high new technology and expertise both these companies have at their fingertips and hopefully generous free cash flow.

The most important factor to achieve SP recovery and successful energy transition is a balanced supply/demand market in oil and gas along with price. Owing to greatly improved mining costs through technology a price for oil of average $55 per barrel and natural gas of 2.5/ 3.0 is very workable (I would think)

Some pointers that might help share price and dividend sustainability and even growth for a long term future. No Capex for new oil exploration, (gas might be OK exception for a period). Capex only used in oil and gas market to exploit large existing owned reserves in order to achieve absolute maximum return on capital. Capex on all renewable energy projects are to be with total ‘due dilligence’ based on best speedily achieved long term return on capital possible. Take full advantage of existing energy infrastructure networks, skills and technologies and existing worldwide goodwill when choosing new projects. Don’t concede on profit oriented policies so as to meet political or focus group pressures.

Thanks for that, ??

I note on Hargreaves Landsdowne ‘news’ on L& G there are about 25 share transactions across the 9th and 10 inst. Are these Companies selling sizeable L&G shares or L&G reducing their portfolio holdings in these companies, feel it is the latter but grateful of confirmation.
The unaccounted drop in L&G since ex dividend date and these transactions are perhaps connected. Is there something ignorant investors like me should now or should I add to L&G on this dip!

I have sizeable investments in HSBC, (also in Lloyds and Barclays) All investments motivated by their regular worthwhile dividends which are an essential part of my pension now.

All dividends in these Companies were STOPPED just days before payment. They had all recorded final dividend payments, including ex dividend and payment dates. All had passed their ‘ex dividend date’. HOW CAN THIS REVERSAL BE LEGAL?.

All these dividends were stopped MOSTLY just days before payment. These dividends represented end of 2019 trading results being way outside of the Corona Virus Issue. I can understand remaining dividends for 2020 trading are very much in doubt but reneging on existing company stated promises LIKE THESE boarders on corrupt. (Highway robbery or criminal theft better expresses my true-sentiments)

If ANYONE has ideas of THE BEST contact points at these banks, Prudential Regulation Authority, or ANY other like minded groups of objectors I would be greatly appreciative of A REPLY

THANKS A LOT