Member Info for driftking27

You buy another 15k shares here? Oh, it never hit 274.3p today.

Iv checked Marketscreener, Tradingview London stock exchange and here hit 273.10p on all records I see not 274p

SUFF, You ready for egg on your face on Friday at 431pm!

I’ll say 275p by 430pm

You miss the point which all analysts mention dividends above 6% are value traps and this is another value trap..due to dividend at 8%+

I could name Ollie’s that have faltered and failed or been bought with sP south of where everyone initially bought.

The dividend could be put to better use than giving it back to us investors. SHOWS a complete lack of direction in anyone’s views but yours…

I’ve been here since 95p days ..

BP shareprice is listed on Newyork stock exchange in $

$41.49 today

It’s 10 to 1 ratio of shares I believe

<500p fast approaching

Tempted to consider buying more TOTAL (TTE) instead based on trending ?

LGEN is not a solid company. LGEN is struggling hence its low P/E has struggled for a decade with growth. Whaley wakes DC

ITS done nothing in 10yrs. Compare that to my GS or AVIVA is severely underperformed.

This is why its got a high dividend. If LGEN sliced it down to a sensible 5% then this would be moving better.

On a different note,

Can’t wait for this market to go up in flames … then we can get back to normal life again haha

Iv been following the Benner graph since 2014, and it aint half wrong

https://en.wikipedia.org/wiki/Benner%27s_cycle

Top up again down at 400’s

Really…

Nothing is written all over it until the final day mate

I held Xstrata stock I bought in 2008 at £3.90, had £15 written all over it only for Glencore to come along and buy em for £12.90. Shareholders didn’t like it me included.

Xstrata stock hit £30 in 2008.

This is one example

DirectLine is another example that I have been involved

Also if it’s dividend yields ppl are after, and considering Big RISK, consider Petrobras PBR it’s 8% before 15% dividend withholding tax.

Plus you have the lows sp is trading at due to governmental headwinds.

I’ve got VALE owned since 2020 which is another .

I’m on a 11-12% yield due to price I bought at.

Going to be haircutting here soon if it hits 290p and moving to buy a new speed machine 🤣

BBUT LGEN has riskiest dividend that is unsustainable at 8.2%+ everyone knows it needs cut, why can’t they cut then this will literally fly???

ABDN is where I will be topping up.

CITI like there turnaround. 260p SPT

So we’re all in heavy expecting LGEN to eventually spike higher. It has spiked, but can it hold against market economic backdrop.

On a trading point I MUST make VERY clear this yr we will have a correction on all markets, not as big as covid, but we will be getting one.

I have followed this theory since 2014, and has been correct on trends to some degree. Big High of 2019 dip high 2026, then dip, high of 2035 then dip.

It’s where we consider our weighting here, and where it could drop to on a rout. Sub 200p for sure.

https://www.aesinternational.com/blog/this-chart-basically-tells-investors-when-to-sell-and-when-to-buy?hs_amp=true

I hold 9525 and very safe if there were any collapse like COVID times.

Longtime investor.

Iv said this for yrs. High dividends holds bsck growth. LGEN needs to get with times ..

In my view shows lack of direction by just paying out cash and SP dwindling the past decade…

260p if it keeps holding and gaining on dips with bigger buys.

You should spread your risk in various areas, this being a very well run/ tan trust.

Has had various good right ups and is usually top performer during down times due to diversity of trust.

Have browse of holdings and watch how it changes each month.

You need to watch NAV ( this is value of holdings against price of share ).

I once had 3000 shares here in 2009, then haircut it in 2015 and spread again.

But trick is the plant seeds everywhere you fully understand not what others tell you to do.

That way you’re good.

When is everyone considering dumping this?

I read yesterday MR Terry Smith dumped all his holding in ULVR.

I’m with same opinion, as this will be a drag next yr once deal is completed supposedly.

I’m up a lot of %, like 245% from 2003 prices to today’s with 1 top up along way. considering a top up on MYI or LGEN over the next few months from ULVR sale

VALE that’s where I would move it too.

…. Keep it BP please.

No abuse is tolerated by anyone any anybody.

Share prices with massive upside never happen, as the market then realise a crash is close.

Oil would have to spike to $150, a price that we were supposed to see back in 2022 with Ukraine war ( a war we’ve now forgotten about ).

Though if this lane closure continues through till October, then yeah we could see oil spiking, but then the world would collapse. Aint happening in my view…4700p.

Try an average SPT of 30-3400p.

I’ll come back on here on 10/8 to see where we after summer holidays have begun

I bet is oil / crude around $100

Go have a debate X, not on this BP board. You’ve dirtied this board enough with donkey yorkie talk