Member Info for Bigbadbaz

Who believes this rubbish? plenty it seems.Rubbish it may be but the effect is real.A lot of people will make a lot of loot in this market.Steady as you go, the ship will right itself.

Jesus, mate! Cut the BS about this Coronavirus. Sara.did you read my post? I totally agree with you but it is the cv that is causing the panic.It does not have to be real,the fear of having a ghost in the house is worse than having one.The panic merchants are having a field day on the markets. I sold some rdsb the day before ex d at £20.2. pure fear has dropped it nearly £4 in a fortnight.I wish I had sold more but cest la vie.The migrants are piling up at the Greek border again.That will be the next big story and the cv story will fade away,

Then why is OPEC drastically cutting production & the price of oil is falling quick?.
Answer, CORONAVIRUS.Brent was just shy of $70/barrel 2 months ago.Oil did not go out of favour in 2 months.Media hype has spurred a panic + overproduction which will be corrected by Frackers biting the dust.China will go into overdrive to make up for lost production when this all blows over as it will.When will that be? how long is a piece of string?

Why are people so nasty on this forum?
If you are referring to my last 2 posts,well my reply about LLOY was meant to be a ''caveat emptore'' ie nothing is really safe so to buys yer ticket and ye takes yer chances. Nothing nasty there. The other post about the feller and his £100k.He has been posting it for weeks now and asked advice from every Tom Dick and Harry.As I said is he just in for a wee blether?.You don't ask advice for £100k.

I'm still holding fire investing 100k into either BP or Shell?...
Some have suggested splitting and putting 50k into each..but cannot see the point of this as they shadow each others performances?..

You have been posting this ad nauseam on Shell/Bp boards for 4 weeks.Do you have £100k or are you in for a wee blether.

.it is without doubt LLOYDS, which you can now pick up at the absolute bargain SP of 50.12p

Would that be the same LLOYDS that I lost 95% of my money on 10 years ago?

Ask yourself 1 question, is this the bottom, errr no.If you believe that there is more to fall,I take it you will be selling what you have got at the moment.If you do not sell your holding then you do not believe what you are posting.

even with the projected dividend cut, dropping the divi to to around 10p, the yield would be around 7% at the current price.

AAH, but that is the rub fleccy. the 7% is only applicable to new buyers at the stated price.All peeps already invested are taking a % cut.

Barclays, lloyds, . Now you are talking about a horse of a different colour.They were both caught up in the financial crash which was brought on by pure greed and skullduggery aided and abetted by the masters of greed the yanks.They have also been hammered by the misselling scandal.I lost my shirt on LLOY.Never again will I buy into a bank it's too easy for them to hide stuff.Got to go now, may I ask you a question? Do you have any success stories?

I am invested here and will get c. £4k div shortly - then another shortly after that and so on.

Excellent,your previous post does not portray such confidence.So you have approx.11000 rdsb, good man.

Bank gives you 100% deposit back while Shell is down 25% or so in a couple of months.----------------- well keep your money in the bank and sleep well.Ye buys yer ticket, ye takes yer chances.

I believe the dividend will be cut within 2/3 years. Char, you are giving yourself a lot of leg room .2/3 years is a long time in the stock market (a weeks a long time in politics).We are on the cusp of a full blown panic due to the c-virus and the Brent is sitting at $56/barrel.Not great but not yet a disaster.Only 3 weeks ago BP raised the divi,do you think they did it to ruin the company or to fool the world?.The c- virus was on the go when they did this but they did it.I assume that they might just know a wee bit about running the companyWhen the crude price goes out the window the refiners profits come into play,(the reason why the majors are verically integrated) The exploration and crude producers only will start dropping like flies (tar sands, fracking) and the market will come back to equilibrium as is the law of nature.You keep banging on about Vodafone on an oil forum, why? You are comparing strawberries with brussel sprouts.Telecommunications is a very cut throat business which evolves by the week, oil is simple,find it pump it and sell it.We all have different opinions but is that not the raison d'etre of the board?.Keep the faith.

perhaps they mean they need $40 to run their economy.I am sure I have read that the Saudi's need about $80/barrel to square the economy.

Pokerchips,I respect all opinions.Difference of opinions makes decent conversation.Char333 is a constant pessimist about RDSB and ok I get it but to keep posting gloom and doom and keep on buying is at odds with my thinking.This corona virus thing may well have a lot further to run and for me and many others it is gut churning to watch and wait for a return to normality but return it will.I think char is suffering from FOME and I have a wee bit of that myself.

I've topped up around £18.75. This was you the other day.Char, with your extremely bearish outlook why did you buy? I am very curious.There is a bottom somewhere and like many people I would like to know where it is.

Oh ah ken CP52, a wee ditty does nae harm.If we overshoot by a bit it will matter not,the gold price is only going in one direction.9 in a row is just for show so you can tell me when,this time next year yer gonny make it 10.

March is almost upon us.what more then can I say?that shortly we will reach the month of May.Tis the month when our ceo says our fortunes will unfold,and on that month we will pour our liquid gold.Now am I being abyssmal and am I being blue? cos I do not hear these days cheering from CP52.I tell you this with heavy heart ,although I dinny ken, that that first pouring of the gold in May will be later once again.To me it's just a feeling and that I cannot lie but we will be lucky if first pouring is in the monthof July.

BP and Shell have massive debt to prop up dividend payments.Brent @$58/barrel.Not a problem for these big fellas.Keep Calm and carry on as per usual.

Happening again today, BP up, Shell down. Bloody annoying!.--------------Not today Josephine,Shell down BP worse.

Nemo,Pounds sterling and euro equivalents announcement date March 9, 2020Dividend Max,is just a statement based on the day at 47 cents. March 9th will state the actual amount.