Member Info for Bigbadbaz

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i have 28 and around 7-10% weighting in each'' lol ahahah ffs

''I hold about 60 shares in total all good dividend paying shares and UK based and most pay quarterly '' There are 29 uk based shares that pay quarterly .

'I am not selling any BP due to the profitability and the fact that the market is currently determining a price below my expectations.'' me neither

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The market determines the share price on a daily basis, which will ultimately come down to profitability . Profits can be used in more ways than cash payments to shareholders.'' I know this.so why is BP sp not in full flight up? and it is not Rosneft.We are going round in circles,I see you top sliced early,it.s hard to get it right. Have to go enjoyed sparring with you.

'Price of a single share in Berkshire Hathaway now 536,440 dollars'',that by itself means nowt. a£100 share could be cheap and a 2p share too expensive.

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So NOTHING to do with the level of dividend'' in this company no but you are deflecting.If BP cut the divi to zero, they will still be making the money.Do you think it would not affect the sp?

'Berkshire Hathaway don't pay any dividends - how has that played out.'' same as any share,it depends on the entry point.

'btw I bought some of my BP at just under 200p'' lol ,the word ''some'' is very significant.I have some at 250p.I also have some at 515p

'it is ultimately determined by profitability. ''You are defeating your own argument.BP ae making cash hand over fist but the sp refuses to climb.This is not all down to Rosneft. They have reduced their debt big time and bought back a huge pile of shares.You say SSE will have more money to invest by cutting the divi so by using that if they cut the divi altogether they would have even more to play with.How do you think that would play out?.The fact that the sp is on a roll means diddly squat.Next week might be different And yes there is a sell button,is that your default position to any debate?

'''BP halved the divi and slaughtered the sp which has stayed there''
UNTRUE'' So if the divi was reinstated to it,s previous (unlikely) do you think the sp would stay down?.I am not here to pick a fight.I have been investing for 30 years and opinions are very subjective.

LTI, just you pick the bits that suit you.Why did you top slice today?,you must think it has run it,s course.

LTI, just you pick the bits that suit you.Why did you top slice today?,you must think it has run it,s course.

What part is untrue?. The reason for cutting the divi was valid at the time,but they are now making megabucks and the sp should be flying. It is down to the divi.

'Also SSE currently has debt of about £9 Billion.'' BP halved the divi and slaughtered the sp which has stayed there regardless of debt reduction or high crude price.

It has not exactly set ths sp on fire.Did ye have any winners at Cheltenham?.It rained in Benidorm for 2 weeks.

I am wondering that myself.They have said they will rebase the divi to 60p in fy 2024 making the yield at present price approx. 3.5%. I see no reason for the price to rise at all.

''Just another part of the current BP shi*show.'' Mark, your enthusiasm is waning.Keep the faith.

TB,I do not ever blame anybody for any investment I have made.It was a few thou at the time and nowt to get excited about.I have many other stocks on the go.Some you win and some you lose.If you have never invested in a stock that went bad then you really must be good,I do not hate SGZ but I find it hard to stick up for them like yourself. I am off to Benidorm at the weekend to enjoy the Cheltenham festival and Paddy's day.I will down a few pints of San Miguel for you.Cheers,Baz.

TB,do have you ever regretted getting involved here?.Be honest,in hindsight it has not been a good move for 99% of investors.

You now see the reason why the sp has not risen, An $18 drop in an instant would spook anybody.