going no where fast8 Sep 2021 09:52
an analyst on cnbc yesterday , said he had ditched chevron + conaco, for nvidia. he said he didnt see oil stocks going up in september. its only 1 opinion, so time will tell. but the shere price is stuck atm. only problem is , when a share price trades in such a small range , the outcome is then usually down. gas + oil prices still doing well. the results in 7 weeks should be good again, you would think. but results havent pushed it on, see vodafone, who constantly have good results , a much better divi, but share price goes no where. this looks a long , long hold. even the opec rise was taken out in a few days. i will top up if it falls below £14, but has a lot of business advisors are realising, the huge pick up in the world finance , after cv 19, , has not happened. ive long said this year is a write off. no doubt hope will spring eternal for 2022. but thats where we are now. little more to go on , than hoping for the best, but the reality is , while the dividend is half what is was, the share price will be too. maybe other factors are in play, but a sudden break out of the current impasse , is as likely as aston villa getting into the champions league. to end on a positive , this time last year, share price was below £9, so it did rally. but a huge rally going forward, well its chelsea up next for villa , away. enough said.