Member Info for Charlie156

That's debatable, but what isn't, is your inability to continue a thread, that's already started. It's not hard to do, give it a try sometime.

Why do you always start a new thread when you post. It makes the forum disjointed, harder to follow and makes you appear somewhat precious and conceited.

Lots of stock about, someone still selling. I hope it's not DLN again.

Bought £10k@88.

Bought 10k@87.4107.

The elusive CEO is going to be interviewed on the Ian King Business show on Sky News in the next 30 mins.

Bought 10k@92

No it's not, it's £$1.12bn. At $10,000 a tonne, easier to work out, $1.4bn.

Kounrad has always been the star of the show, but Sasa has been a solid performer. Copper looking like it might go on a bit of a run. 10 years left at Kounrad, 14,000 tonnes p/a at a very conservative $8,000 is $1bn.

A £30m share sale is not responsible for a 6% fall in the share price of a £20bn company.

The ruling is backdated from Dec 20, so today FD is valued at $22bn, with the 5% yearly increment. Fox have 8 years before they have to hand the money over, without having to fund the development of the FD business, which ain't great. We have to wait until 2023 until we get a ruling on the FD IPO. Besides the near doubling of the initial $11.2bn valuation, there is still a great degree of uncertainty.

I bailed out at £4.96 this morning. The yield and cable rate were starting to make me feel a bit twitchy. If the opportunity arises to get back in, I'll be happy to do so. If not, I'll move on. GLA.

The trading anomalies thrown up here are eye catching. To think that on July 14, when Brent was $107, BP's buyback for that day was £3.668.

You nailed it Dowsie, you made a return on your investment. To date, even the fabled DK can't say that.

The CFO Auchincloss sounded very bullish yesterday, and with the buyback, should underpin the share price. Yet, the shares are yielding 4.1%, which historically is low for higher risk O&G investments. That will restrain further gains, unless BP change the 2020 dividend policy, that was set in a completely different environment, compared to today. In the last year the company has spent $10.5bn on buybacks, $10bn on debt repayments and $4.4bn on dividends. Switching $3bn from buybacks to dividends would restore the dividend to 10.5 cents, the figure before it was cut. At a share price of £5, the yield would be 7%. The shares would fly.

Vesa have received circa £110m in dividends over the last 14 months, handy for even a billionaire. The prospects of dividends over the next 12 months are uncertain at best. Vesa have 2 years until the likelihood of a Labour govt, which will focus their thinking. As much as they must be salivating at getting their hands on GLS, the UK business must be giving them the heebie-jeebies.

Exxon and Chevron deliver strong numbers today. Has BP's buyback finished, resulting in the flaky performance today?

Harmonica, thanks for correcting my lousy grammar. Your a diamond.

Where have you heard that? I believe the dividend policy is a once a year increase in August each year until 2025.

Teslo, may I suggest you donate whatever profit you made on this morning's trade to Cancer UK.