Member Info for dadean

Hi
So we've gone x dividend recently, should or dropped more. If someone entitled to the div sold today they net 51p plus 222p which is 273p, that's quite something?? Or have I missed something

Bulk of the UK public not passionate about stocks and investing...

UK viewed as a basket case by much of the world. We are as prominent in us financial circles as Poland....

permian freeze....
Been a bl**dy cold winter...

OIL MARKET: We have updated our story about U.S. oil production losses to say they now stand at **more than 4 million barrels a day** (that's close to 40% of total U.S. oil output). Multiple force majeures issued. | #OOTT #TexasBlackout with
@vtobben
Full story on
@TheTerminal

An ancient quote from the biography of Jesse Livermore. He made his biggest profits from sitting and doing nothing than taking his profits early.. That said he did plenty of short term trading! He also pointed to not wanting to lose his position by selling and buying back after a dip.... There could be times when a share gets away from you. Great read for anyone that has not read it. Edwin leferve, reminisces of a stock operator... Set near 100 years ago but still rings true... My favourite trading book....

11p drop by tomorrow you suggest, not sure of that. Should the drop not be around the div Value? Unless you refer to downward sp pressure due to other reasons

Now I believe BP to be considerably under valued, but it all depends on the oil price and BP profit.
What are your views on the oil price being sustained above 50 dollar for the next 6 months plus..?? If in the 50 to 60 range surely this could be above £4..... With the div being maintained, supporting the share price

Great thanks!!

OK what's that acronym POO? Brain not working maybe

I was thinking the same thing myself this weekend. Rental yields have been reset and may be more sustainable for clients and as far as I am aware we still trade well below adjusted net asset value, don't forget last year's activist investor lighthouse capital who holds 15%... Not to mention possible consolidations in the industry. If I had any doubt on keeping these, think it's getting further from my mind

Thanks tacet, atb

Why take just 19p, or 7% before trading fees, maybe 5.5% after. Some folk have taken larger moves, the 300%, I'd be after bigger bites and larger moves if I wanted trade. But good luck nonetheless

That's quite a post tacet. What do you think of this comment. Do you think Warren buffet and his comments about buy and hold is just his way to reduce the numbers of sellers in the market, while he pops in and out of trades. I'm beginning to think buy and hold is just a mantra to prop up the sp. Often after peaks in sp are seen, they falll away while you hold. I think my new way of thinking may be if the price feels too rich, sell..... I buy and hold a BP position, but I also trade a smaller position. Almost the only share I've traded (and hmso)...

I'm a big fan of BP, oil (even other "smelly" hydrocarbons, but I don't really see BP being taken over, not for a long time. But I don't know a great deal of mergers and acquisitions

New conspiracy theory, hfd created covid in a lab with China to boost profits and are instigating global cooling with help from the Russians & have triggered this cold snap to boost battery sales.
"Make halfords great again "

Sorry, its been a long day.

I rate it as a buy, who knows where the sp will end up but if oil gets to 80. Sp nights be back above £4. If not I'm happy with the divs for now

Hedge funds added another 9,070 shares of U.S. majors ConocoPhillips and 4,144 to Chevron Corp over the same time period.

Elsewhere, shorting activity in BP PLC fell by 16 million shares on Feb. 4 but increased slightly in European oil major Royal Dutch Shell Plc by 1.9 million shares, data from FIS’ Astec Analytics showed.

Sorry to hear that owl, hope you find something better to invest in

Yes I follow thanks . Not sure who drove the leverage changes, government perhaps. I don't think at 5x leverage I'd be interested to partake. Guess that's why ig share price and others cratered (but recovered) few years back.. Thanks