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"A couple of decade's?" So more of "Jam tomorrow!" There are blue chip UK company shares today that are guaranting a 7.2% annual return on shares that are currently priced at almost half the current cost of a BP share of £3.80p?
Hilirious!!
They have a right under British law to fight to protect both their job's, and condition's. As long as they stay within the boundaries of the strike law's, and ballot their member's as required by the law then that's fine by me..
"Thatcher boy.."
Possibly the pending US Federal Reserves pending July and August interest rate rises, to a base rate of 3.5%? Which has been predicted by most US economic commentators, and if correct would push the US economy into recession for 2002 - 2023? With the forecasted US growth rate slumping to 1%; from a prior forecast of 2.7% growth for 2022?
And the projected further retraction of the top Wall Street stocks by as much as 30% - 40%; in their current value?
Dr Michael Burry "The Big Short," in early 2021; forecasted the massive USA rises in inflation, interest rates, US stock market fall, and severe recession for 2022 - 2023?
Well Tinker, even I am absolutely astounded at today's close of this share price at £3.79?
Thankfully I sold up on Tuesday afternoon at £4.32; just before the US FDR's 0.75% interest rate rise.
Which thankfully I read about on the RT News website, early on Monday evening..
"Hoooooorah!"
"Hoooooorah!"
"Hoooooorah!"
The US Biden administration is currently trying to build a US & EU "Buyer's cartel," for all future Russian Federation oil purchases?
Their plan is that the oil "Buyer's cartel," will decide on a basic price that they will set for any future oil purchases from Russia?
So Russia today, and possibly OPEC tomorrow?
Thankfully I bit the bullet and sold up all of my BP shares on Tuesday afternoon at £4,33. Having read an RT News report on Monday evening, of the pending Tuesday afternoon American Federal Reserve interest rate rise of 0.5% - 1.25%; and not even considering the UK's market reaction to this rise I sold up.
At £4.00 now I would just hang onto them, as they will certainly recover their value in the coming month's.
I will now watch them and if and when they drop lower, I may buy in again as the are clearly under valued even at £5.00 a share? As it was I have made over a 55% of total profit on both the share price and received dividend payment's.
The BP share price cost now stands at £4.03p; down from last Friday afternoon's high of £4.56?
The current BP dividend yield is 4.08% per annum, and the current dividend yield for Legal & General is 7.33% per annum on a current share price cost of £2.43p a share?
Legal & General have 1/10th of the annual turn over of BP; and around about 1/8th of the current annual profit of BP?
Thankfully I woke up and sold all of my BP shares yesterday afternoon at £4.3175p; having belatedly reading a report on the pending USA FR proposed interest rate rise of between 0.5% - 1.0%? Having always keeping confidence in the value of my BP shares over the past year through their rise in value of over 45%; from my purchase date along with just under five dividend received payments of £4,850. As stated thankfully I jumped ship yesterday afternoon on both being alerted to the then pending in test rate rise, and the last three day's of the BP share price fall's from last Friday afternoon close of £4.55p..
So are these the same Tory Green Gob****es who scuppered the tidal river Mersey Barrage, the river Seven Barrage, the river Ribble Barrage and the Morecambe Bay Barrage scheme's, all of which would have given daily tidal barrage hydro electricity of every day of the year to power up to 20 million home's for over 400 year's? You could not make this ****e up, UK green policy's?
But you liked eating your lasagne and watching the tele while the Donbass and Lughansk children, women and old men have been dying since 2014; in their thousands in the Eastern Eukraine. I bet you shed many a tear for all those ten's of thousands killed, maimed, and left homeless, all the ethnic speaking Russians didn't you?