Member Info for Bigbadbaz

So,St Andrews day it is. The sp is very subdued.I know the workstaff involved will have been told to button it but loose lips sink ships as they say. Like 2020 in general, I hope it does not end in tiers.(pun intended)

They stated earlier in the year that the b/e for 2021 would be $35/barrel

''The Davos crowd knows oil is running out''. TMU, the world is awash with oil.If there were no restraints and a total free market it would probably sell about $10/barrel.Oil like coal before it will become a stranded asset and left where it is.When though? a long time down the road.I am not deramping BP here,I am a lth with an average of @ £5.My divi has shrunk to 3.2 per annum.I will hang in here though.

''Cant think why these American companie biologists are slating Astra zeneca vaccine. No conflict of interest I hope.'' The yanks are a bunch of b**s****s, they are not our friends,they never have been and never will be.Everything in the US is profit orientated.All assistance during ww2 was paid back to the penny.Obama tried to wreck BP while letting off the American companies involved.If the yanks spoke Russian instead on English you would probably hate them. Rant over.

You must have good weather .7 months is the mowing season up here.Down to 5' 6''? have you been mowing yer feet?

A golf course is needed at the moment.3 working days to go.It had better be good or sub 100 will appear quickly.And this is my glass half full mode.

''But its heading back over 60 dollars.Doomster brigade are arriving folks.Buy buy buy.''---------I am not a doomster,I have been invested in BP for many years.I am merely pointing out some inaccuracies on the op post.

''Oil is a hard asset''-------- and like coal it becomes a stranded asset and worth nothing if it cannot be extracted and sold at a profit.-----''BP OWNS the oil in the ground'' -------BP gets paid in many places for extracting the crude in barrels of oil.It does not own the crude in the ground.--------------''Hence BP is now worth more £ or dollahs than it was about a year ago.''----------crude was over $60 a barrel a year ago therefore BP is now worth a lot less.

It's deja vu the noo.

Gold dipped below $1800 this afternoon.Not a disaster but a rotten peice of timing.

''Yes should take it by to 6 quid and divi fully reinstalled.'' Caitlin you are on the Madeira again. Aug rns ---------
-Delivering long term value for shareholders -- reset resilient dividend of 5.25c/share per quarter, with commitment to return at least 60% of surplus cash as share buybacks.The new divi is here for a long time.

''Also, the pound is weakening and we earn revenue and pay dividends in dollars. '' The pound is weakening? are you sure about that?

I will sell the lot to you for a fiver apiece.

''3 50 tops.Your having a laugh or you havnt got a clue.This would be 6 quid plus all day long.My sell would be 10.'' Why would a company pay £6 or 10 quid?. A 40% premium on todays price is £3.50 which would be deemed as reasonable.If exxon has an eye on Bp you can bet they have been piling in already at below £2.My average is over £5 as a long term holder I will sell the lot to you for a fiver.

''If Exxon make an offer I wouldn't except (sic)anything over 10 pounds.'' It would not be allowed as in not being in the UK interest.If it were allowed then the shareholders would have to go along with the board.I worked for EXXON for 28 years and they are very ruthless.They would offer £3.50 tops.

yayay,I just use Halifax as it is my bank.I trade about 20-30 times per annum at £12.50 a pop.Never had any bother but they tend to be slow for divi's paid into the bank ie about 5 working days.

I bought 20 million shares at 190p and will sell them at £10 a share as I will find that easier to count.

''What happened at 11:58:32 to cause such a surge in activity??''Moderna announce a new vaccine which is 95% effective.Oil and travel shares all rose on the news.

''The Sun is shining, the weather is hot.
Looking forward to £5.50... which is quite a lot''--------------------------------------''Up here in the North the weather is heavin' and I need £5 just to break even''

yayay, that is part of the problem.It has taken a decade to get here and like the Scotland team we expect to be disappointed.The sp will not go into overdrive until the mine is running and paying its way.All things being equal ,next year will be a good un.