Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Sorry but both BP & SHEL underperformed the oil sector! That’s why SHEL wants out of UK.
Is the MRNA board for BARC board..
On Barclays, which I have held 11500 since 2009, I’m feeling now is time to move profits to HSBC;
At current SP 209p, it trqdes on 8.2 times earnings, which is no longer ‘cheap’ in historical terms I believe.
What’s more, its dividend yield of 3.8% a year is now below the 4% yearly cash yield from the wider FTSE 100.
In other words, I don’t regard this stock as crazily cheap any longer.
Then again, I have no idea what might happen to the Barclays share price in the short term. It might keep rising, or reverse — any compelling arguement?
I expect earnings to fall in 2024, due to weak credit growth and rising bad debts on credit cards / loans, and sorry to say rising inflation end of year into 2025.
I’m happy with GS & HSBC banks I have.
There are lots better out there…
Read this is in Australia Financial Review Saturday.
“Time for Rio Tinto dual-listing rethink with Anglo American in play”.
Rio is not in a play for Anglo, anyway. However some points below can be relevant for investors here.
“Currently, the ASX-listed shares are trading at more than a 25 per cent premium to the Plc shares, the widest gap since 2013. And a widening and sustained spread is forcing people to revisit the long-running question of whether Rio could unlock more value for investors with a different structure.”
“This, and the growing valuation gap, is making it hard to ignore the DLC. In the past month or so, domestic (means Australian here) investors – estimated to be underweight the resources sector – have piled into the locally listed Rio shares as miners globally started to outperform.”
“European investors tend to use Rio’s Plc stock as a way to trade China, and a more bearish outlook has them selling”.
End of quotes
In other words, Euro sheep gets scared by tabloid propaganda and sells Rio, while Aussies see the value in their business/assets and buy. In my opinion, having HQ and listing in London is a leftover from distant past when Britain worked and prospered. This is long forgotten and moving out is well overdue.
After warning you before results this would be a drag on growth potential in short term.
We’re nearly 100p lower since January.
With economy supposedly being in a better state, god only knows (8300pts), I think this will be a dog for sometime…
Maybe September we might see an constant uptick above 3000p
As for buybacks they’re a waste of time for investors, it’s just a smoke screen, what investors want to see us debt levels reduced at these high interest rate environments we live in, and maybe a small uptick in dividend.
Still ,since October SSE is underperforming NG. I still believe investors would rather invest in NG over SSE no matter what.
The outperformance with NG started last summer. Could be the dividend yield that’s helping
Personally I would NOT be distributing your dividends like so.
There is trouble ahead and if you follow BUFFETT in USA, he has a cash pile of $200bn as of May .
I would be topping up in large sums not in tiny amounts at lower levels .
Your paying to invest in these prices, sounds rather daft. But everyone is different.
Recieve your income hold it, and throw it at stocks when we get a large drop like what Buffett and I’m doing.
There are no bargains at the moment anywhere…
PERLHUNT had them a BUY back in November ‘23 with 2200p as fair value.
What are peoples views now?
I only have 450 Iv had since 2013, interesting company with loads of potential with right investment.
Got SPECTRIS too.
In my view SHEL’s & BP’s underperformance has been due to the 6% dividend
Compatriots like XON & CVX have paid around 4-4.5% yoy
I believe the dividend should be left alone, and move on, go buy more HSBC & LGEN if you want income
SHEL should be paying down the debt from previous acquitions and bond payments
If we crank it up it’s only going to be cut in bad times.
We need to follow NYSE trading as the likes have not cut yields.
Gla
You say CONOC (COP)could launch a bid for BP. There smaller than BP, and think the US market has learnt a big lesson from Oxy’s Acquistion of ANDARKO in 2019. It destroyed them.
COP don’t have prowess as XOM or CVX, and note COP have already completed M&A of Burlington for $36bn
https://intellizence.com/insights/merger-and-acquisition/largest-merger-acquisition-deals/
BP is not going to be acquired guaranteed .
Significant acquisitions included ExxonMobil's acquisition of Pioneer Natural Resources for $64.5bn and Chevron's $53bn deal to buy Hess I think says it all.
The EIA noted that these deals are the largest in real terms since Occidental Petroleum Corporation acquired Anadarko Petroleum Corporation for $55bn in 2019.20 Mar 2024, and Crownrock for $12bn in 2023.
No one has the dosh to acquire BP which have to be north of £100bn.
I’d just be happy that the FTSE still has it as SHEL is leaving FTSE. That’s for sure.
It’s dropping because people in the know BHP will be paying over the odds while stockmarket indices are trading at roppy levels.
In US, everyone was under impression interest rates coujd be cut by May, that isn’t happening, maybe not in 2024 at all. That is a red flag, there’s gossip that FEDS could be looking at raising rates to bring down inflation as it has started to rise this yr.
Factors for BHP sp direction is not all about BHP, it’s the wider picture out in this big nasty world we’re now living..
Gla
Hopefully picks up in May,
Signals still have this as a BUY.
Though HFEL went a similar way before 2020
Just read earnings call of Total Energies
There looking at possibilities of a NYSE listing too
I think I’ll be buying more RIO this yr than BHP, i meant
What about FIRST QUANTUM LTD in Canada?
They have great Copper assets too, and coujd get them on cheap due to debt they carry.
Whom are HILLS main US competitors?
I guess Morgan Sindall & Balfour Beatty are in UK.
You’re wasting your time with setting an order.
Try buying 1/3 of your possible total cost your prepared to buy in BP, and top up with the 2/3 if and when it drops 10%. It will happen, as stocks don’t always go up for ever.
This is not environment for orders.
Best of luck.
Unsure due to FTSE hitting 8000, and the issues in Gaza and Ukraine etc all settling down on the news, whether investors would have appetite to buy BA over oilies or riskier assets.
The weaker pound will be hitting BAE I’m thinking …
Thanks for bringing this to light. I only pay attention to that DWT if buying shares on other indexes.
Bought more on Feb, and have just calculated my dividend (72c)payout versus what was paid and yes it’s 30% less
Don’t get carried away with SPT’s off any broker.
Bernstein setting a preposterously absurd target in a top heavy stockmarket ain’t clever.
Yes with interest rates maybe coming down mid ye, but that’s going to only do opposite thing and raise inflation.
I’d trade carefully and not get too greedy.
The last SPT set was £126, never got there, due to many reasons.
Brokers will manipulate every Uk share now to get us buying every share to reduce the gap versus US competitors.
I’d look at £120 first and to hold above that.
I’m spread over 6 pharma’s
AMGN
AZN
ABBVIE
JNJ
ROCHE
VERT