Member Info for Charlie156

JB, this is about leadership, not petty point scoring. Rico Back joining Tim Allan and Mike Ashley in the Hall of Shame for scumbags. Good to see you trotting out ur hackneyed low level traders line again.

Where is the pay cut for the board? How Rico has the gall to put out that RNS, without his remuneration taking a hit is beyond me. Covid-19 is certainly sorting out the CEO's of calibre.

Arsenal, well done on ur BP trade. Presume the cruise is off and you'll be retiring to ur 'Bunker for 1' at the end of the garden, until this all blows over. Bless you.

Oli, you and your family have my full respect. Doing 3 vital jobs while putting your own health at risk. I do think Rico Back should be more conspicuous at this time. It's not a good look while the troops are in the trenches, he's nowhere to be seen, sending them over the top from afar. Time to get the High viz on Rico and spend a day in a sorting office/mail center.

Pattern developing. Market starts to get edgy facing long weekend ahead.

BP have said that the first item of capex to be addressed if oil remains at these levels, are the shale assets they bought from BHP in the lower 48. To date Brent is averaging $57 this year, compared to $62 at the same point last year. Refining margins are ahead of where they were last year.

Take a look at the p/e and dividend ratios from January 1975, the worst bear market ever.

I don't know when the last board meeting will be held to discuss the final dividend, before results in 2 weeks, but I'd like to be a fly on the wall.

London is at least a week ahead of the rest of the country regarding Covid-19. I'd expect RMG's operations and workforce in the capital to be the first to be significantly disrupted. To all the posties on here, keep safe.

Wolves, well done. Hopefully we're all helping the elderly and vulnerable. Let's not use this forum to burnish our own credentials everyday.

Is there a stage between capitulation and Armageddon?

Having bought BP before it all went belly up, I'm trying to be realistic. A vaccine will be available in 12-18 months. Brent will average 20-30 dollars this year. BP have said there is $3 bn capex that can be drawn upon. BP has 15 years of oil and gas reserved in the ground, so capex can be pared again this year and next. I believe the 42 cent dividend will be paid this year. GLA

Copper having a bad day. The tenge continues to devalue against the dollar, down 7% since Monday, due to the oil price plunge and Kazakstan's dependence on it. They raised interest rates last week, to no effect, and have decided to not interfere further. It is considering raising taxes for mining companies to raise revenue, lost to lower oil income.

Surely, if you get ill, your colleagues have to self isolate as well!

How long will sorting offices and mail centers remain open. I cannot see how it can be deemed a safe place for the workforce to operate in.

35 pence trading range today. I've stepped back, awaiting clarification on how Covid-19 has disrupted business. 11% of 2019 turnover came from Italy, and Europac in Iberia facing real challenges.

I'd advise the ref to check Arsenal's gloves.

Is this whole Arsenal/Falkland/Redceo thing a menage a trois?

A number of companies putting out statements along the lines of 'We are in a robust financial position, but it is appropriate at this time, to focus on retaining resources'. There are going to be a lot of dividends getting cut over the next few months.

He's the well respected CFO and your talking cobblers.