Aboot 6 miles from me.I pass though it often on my way to Livvie. I see you said your hubby worked in oil. I worked for Exxonmobil for 28 years (Mossmorran Fife)
'I’m Scottish and we have wee Jimmy Crankie leading the country.'' When she was young her nickname was 'seaweed'. She was that ugly even the tide widny take her out.
''It’s what you do with it after that usually causes problems, as it’s so easy to lose it again by bad timing.'' meoryou,have you been peeping at my portfolio?.
''Their currency is healthy.'' ??? They price it high to get more conversion rates for the oil as it has to be bought in roubles.But, the west is not buying. (well most of the west.)
''The share buybacks force the price higher which rewards shareholders in a more tax efficient way.'' Sekforde,the theory is sound but the reality does not always show it.
''That’s short hand for it’s too early on Saturday morning to go and calculate it.'' Well at the present 5p per quarter the sp would be £5.That will do fine.
''Buybacks are mathematically the same as paying a dividend. BP is by far the highest yielding stock in the FTSE 100.'' If the buybacks ere all paid out in cash then ,the divy would be 83.5p per annum.I think Baz would rather have the money.
'' is the share price really that important. I would be just as happy at 350p. Once it gets towards 600p it gives me problems.'' why exactly do you own these?.I don't believe you.
Just sold a slice at 447.3.My reasoning is that 450p might trigger a sell off. I am still top heavy with these and need to change tactics,. Will I regret it?, possibly. c'est la vie.