Member Info for Bigbadbaz

Still on your post so here we go-----------------------------------At the moment you are getting 8% divi on the latest price.If the sp goes up to £3 you are still getting the same % of your orginal buying price.Where is the 6p coming from?

If you managed to actually buy at 196p then your divi is 8.1% and therefore a fair bit lower than your 10% so your gulding the lily a wee bit. The next part-----''If the share price hits £3 - yields will naturally rise back towards where they were 6 months ago
- so paying a similar % of share price dividend to today would be 6p / Qtr (based on a 50% share price increase) - a 50% increase in return on your initial stake now your £1.95 pays 6p for life.'' eh? Sorry too confusing for me.

He went AWOL a few years back and peeps feared the worst but I came across him on some board not so long ago so he is/was still about.I used to like his posts.He was an ex Shell chappie.

''Think small investors will be bent further over the barrel and the pain will continue.'' WHY?. When the sp drops or rises it matters to all involved.The share does not give a jot who owns it.

''It's a no brainer from here - even with dividends cut it's still paying 10% long term.
Come back in 6 months when it's at £3 and that's a 15% return.
Sold at £5.70 and ladder buying set all the way down from £4.20 to £1 - with ever increasing amounts on each leg down.''

I find your figures rather confusing.

''bbb, not peeved at all, '' Well ye should be,Baz is extremely peeved. As the saying goes ''the market can behave irrational longer than you can stay solvent.'' Keep the faith Paddyboy £2 is/was a very good price.

'' Keep price down to push PIs to panic sell at low levels. Pretty commonplace in these volatile times!'' Absolute nonsense.You bought yesterday at £2 and are now peeved you did not get a big rise.Well that is the market for ye.
pi's do not move blue chip share prices.

''Morning, when does the company go ex div? Thanks'' 5th Nov.

'' Even if the divi is cut it will exceed 8% pa '' At £2 the divi is 8% so if they cut it how can it remain at 8%?

''TimeMachine. No Americans are sick of Trump.'' I think you meant ''No,Americans are sick of Trump'' Don't want to be pedantic but the comma makes a big difference.

Grippa,8% per annum at todays price

''If BP can spring a surpirse with keeping Dividend on Tue, ''Why would it be a surprise?. They increased it in March kept it in June then halved it inSeptember.It is not a quiz game.

''But even at 2p a quarter per share, if you take a 2+ year view on this share, reinvesting your divis every quarter, then it's a fantastic investment.'' only if your average price is£2 ie 4%. £3 is 2.66% £4 is 2% 5£ is1.6%.

''Oil and most oil shares have taken a beating'' A beating plus.Cest la vie The only thing we can take with certainty is death and taxes.Looks like SG have cracked it this time though. All the best.

''Baz, you posted over a year ago that you'd promised her a Scottish Gold ring,'' I did so, but we/I live in chastened times ( think oil prices). A big lift back to normality first is required. This time next year Rodders.

''Forgive me - weren't you the "eejit" talking about BP dividends on 19th Oct?'' Moi?, somebody on the Shell board mentioned the date and I mentioned 27th.You never heard me mentioning divi's.NOW aside that,read the post.Everything is relative,that is what I said.8% sounds good at todays sp but not for the majority of shareholders.

''With 8% dividends this is def a good buy at these levels ''They could half the divi again,The sp Could then drop to £1 which would bring the new divi back to 8% again.A new set of eejits would then say 8% was a good divi.Everything is relative.

''but fear not young Basil will probably still have a moan.'' lol ffs I am your side and still get it.For propaganda reasons just make sure it is a good un.Make it a show piece day.Not inferring that they cheat,just don't have a dour pour.

The last gold pour for the media (BPT) was a damp squib as in the amount poured.This time round they should save it up during the trial runs and resmelt it on the big day for the cameras.

Aaaarrgh, it's gold pour,pour pour pour.