Member Info for Blue_boy

Expecting a nice rally today, would be great to finish above 3.15. Fingers crossed!

GLA

Cheers Cong.

Anyone else getting frustrated with this, BP drops x2, RDS gains X2.

Frustrating few days!

GLA

It all depends how you look at it and how long you intend to stay invested. The long you’re invested the better given BPs buy back strategy.

IMO

I really don’t disagree, but nothing has changed since we hit 3.36, if it has its only been for the better.

Now I find myself hoping this will hold and run up a little to Ex Divi date.

I should add that I sold my stake in Meggit and BAE to buy into BP, kicking myself but still think this will come good!

GLA

3.9 pence per quarter at today’s exchange rate.

Bold move Mojo.

$BP | BP Q221 Earnings:
Revenue: USD36.47B (est USD38.26B)
Adj Net Income: USD2.80B (est USD2.13B)
Increase In Q2 Dividend Of 4% To 5.46C
Commencing Buyback Of USD1.4B From H1 Surplus Cash Flow
Expect To Deliver Buybacks Of Around USD1B Per Quarter

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Interesting article from Bloomberg

https://www.bloomberg.com/news/articles/2021-08-02/bp-returns-under-scrutiny-as-big-oil-plies-investors-with-cash

You really couldn’t make it up Mojo! Stellar results tomorrow and no doubt something will be there to hold it back!

Finger crossed!

GLA

Well, I got that very wrong! What a difference a month makes!

I got out at 3.22, but I’m now very tempted to get back in.

GLA

I agree with all the above, just a matter of time before it hits the 3.20 region, markets are spooked, but BP finished down just a little today in comparison to the larger market down turn.

If I had the capital to buy the lows of today, I’d have been all over it. Unfortunately I topped up to early at 3.15, 3.12 and 3.10.

And please don’t talk to me about stress, how these people can sit on a 40% loss and keep a cool head is beyond me!

I haven’t wanted to look for the last few days, lol!

GLA

Fingers crossed it lifts BP ADR into the close and we get a gap up tomorrow morning.

I live in hope, lol!

GLA

Well played Mojo.

Touched 75.44, finger crossed for a good outcome of the OPEC+ meeting.

GLA

Catlin1’s back, where you been?

All good news today and still it starts to fade towards the close!

GLA

And BP sitting at 322.70, crazy valuation!

GLA

Dropped like a rocket!