Member Info for driftking27

Just read that ‘ PING ‘ has changed his mind about sale of stock!! Hmm, is trying to make a quick buck on short selling..

Is this just the market for TRUSTS at the moment, or is there something wrong here?

CTY , HFEL, MUT & HFEL has outperformed HICL so has

People here have been here for possibly longer than a few yrs, try 22yrs.

In 10yrs it’s still minus , and over 5yrs it’s done 10-12%.

This is from October 2023 POST

So, Shel are possibly going to join the party in M&A. I hope it doesn't do so to expense of the growth of so & sustainability of the dividend. 

If we compare some gains here v UK stocks from 1994 to 2023 October 26th

XOM +750% plus dividends( USA) 

SHEL 144% plus dividends in that period 

BP. 320% plus dividends 

CVX. 700% plus dividend's (USA) 

OXY. 5800%! plus dividends ( USA) 

including 

BHP + 1,025% ! Plus dividends along the way!!

Diamondback Energy +780% (2012-2023) + dividends / special dividends (USA)

COP +950% plus dividends(USA)

Enough said!

Spot prices

https://tradingeconomics.com/commodity/iron-ore

My jaw dropped when I read numbers.

Market cap £19bn and net debt if €33.2bn.

Verizon is a in a similar peril looking at their net debt v SP.

Glad I moved and bought CROWDSTRIKE instead. Up 32% since January.

Dividends aren’t everything. That’s what investors don’t realise. Me too.

My broker dud warn me once before buying a stock at 7% that it was a risky idea, as most divi’s over 6% are cut going forward. Happened here many times sbd this is what VODAFONE need to do cut dividend to 3-4%

Take a LONG LOOK at T-Mobile, another stock I bought nearly 10yrs ago. It’s one to own not VODAFONE.

They currently are run well and bolster a decent dividend of 1.8% before tax, but it’s the growth v debt, is negligible

GLA

picks for 2024

CROWD

AMGN

SPG

AZN

TAYLORWIMPEY

HSBC

not this

Free cash flow fell from €2.6bn to €1.8bn. Net debt, excluding the sold segments of Spain and Italy, was broadly flat at €33.2bn.

I have calculated mine and I was not taxed on my BHP. Last one was 72c in April.

0.72c x 833 I recieved £471.15

That is not taxed in opinion .

I have held and accumulated BHP since 2009.

…it got a kick in the teeth for that slightly raised bid.

Though now AAL are going to be selling some if it’s assets. Wonder if this means that BHP will come back with a proper bid for Anglo.

On the dividend research I have found:

FY 2024, Goldman Sachs is expecting BHP to lower its payout ratio to 55%. This is expected to lead to total fully franked dividends of US$1.45 per share for the 12 months. This represents approximately A$2.27 per share based on current exchange rates, which will mean a dividend yield of 5.1%.20 Apr 2024

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