Member Info for driftking27

Me too toltorisk!

I started my buying in 2009 when it was 74p, a good 2323 shares then another 500 in 2006.

This asset manager is not going bankrupt nor going to disappear anytime soon.

All you have to remember is NOT to put your eggs all in one basket, something I did with VODA when at 165p, 185p. Not sold that just accumulating divi's.

Gla

You're holding for 720p? I'm holding for ever. I bought in 2007, then been adding 200 every yr from 2009.

Just think where this bank will be once it gets back on a good footing.

Compared to US peers, like oilies, pharma we are lagging, more so in last 3yrs since Covid and dividend cuts happened.

The reason I believe USA performs better is down to the dividend payment being close to S&P dividend average. The FTSE shares seem to payout far too high (4.5-6.5%)

Was probably someone trying to give AZ a shake and give someone another chance to get aboard the gravy train! Haha.

Sounds interesting after listening to him on CNBC this week talking about alternatives to Chemotherapy!

Looking back as we're near yrs end. Up 260%+ to date from risky punt when not looking too good back with a yield over 6%, no success in R&D. What a dsmn turnaround since then! It's been, and that's what we do GO LONG on investments.

Gla

Bp & She'll have always sat at a discount for years since Covid, so is it any surprise that XOM & CVX decided to stick with PXD & HES.

Shares of Shell and BP have underperformed their U.S. rivals since the European companies cut their dividend after the COVID-19 epidemic took hold in early 2020 do i have checked on graphs .

This I think is down to us some investors worried about the impact on profits of a spending shift towards low carbon businesses that provided lower returns than fossil fuels.

I actually welcomed the bad news of no bidding for either.

Let's move on.

I agree with you about curtailing buybacks, as in general it does not do much for SP, if anything it's minuscule.

Investing in other oil companies would be a better hedge, much like what pharma's do that I closely follow.

Blame BofA for this downgrade today.

But it's just an accumulation opportunity for anyone

Not until FEB 2024

Bank of America have the cheek, though they are American!!

They have slapped 540p target price on BP, and a neutral stance too.

Bank of America raises BP price target to 540 (490) pence - 'neutral

Maybe people whom sold are on the sell high buy low. A profit is a profit, and NO ONE knows where the ceiling is on oil.

I can remember back in September we were talking about possibilities of oil going to $150-170 even higher if IRAN get involved; which they are now as of today having attempted to fire a missile from Yemen ( funded by Iran ).

This is a messed up world we live. It bloody sad !!!

JPMorgan cuts BHP price target to 2,650 (2,710) pence - 'neutral

Trying to buy another 100 or so today, and have been told the London Stock Exchange have an IT issue with smaller FTSE250 stocks and has now transferred over to FTSE100 stocks.

Maybe gives me a benefit of buying more nearer to 2300p tomorrow

We also have to remember MAX, that China has still got an abundance of unoccupied flats & offices #GHOSTFLATS.

I'd think more about the rebuilding of these war torn countries atm having to rebuild.

I'm an accumulator at these prices again, along with oiliesFANG & BP and pharma's PFE with covid boosters in US.

We all read the results both RIO & BHP which were published thus yr, to which they announced steep declines in the FY dividend payouts on. Oth miners.

As a result, this has also put some pressure on the company’s future dividend payments. Nevertheless, they continue to present an enticing proposition for income-oriented investors.

Goldman Sachs has anticipated the total dividend for FY24 to be around $1.19 per share and $1.06 per share in FY25. 11 days ago, analyst reiterated his Buy rating on the stock, predicting a growth rate of 98%.

Again SHEL & BP are underperforming USA Counterparts.

I hold BP, OXY, SHRL & XOM .

Just bought FANG, as all we can do is spread our risk...

I'm looking for 750p. Anything is possible haha,

I'm considering moving this to SHEL if it does

This is a hold for me at this level based on P/E. At 17 times earnings, we need something else to happen?

Time will tell, only bought 1500 back on 2010, and haven't traded them since, boring as they seem, there a great British company still left standing..

So, as you rightly point out Boyobach the disparity between shareprice and Brent, this is the same with every oilie; think Brexit, Dividend yield, and hedge funds have a big say in the movement in sp.

Look at price of GOLD on that matter. It should be well over $3000-4000 but still down at $1900's

Iv not sold nor bought any more since buying here in 2010 and again in 2011.

I may have a look at FANG, it's been outperforming sector this week.

Been watching the wholesale gas prices jump each day this week too.

Just been watching the European gas prices the last 3yrs spike and then drop last yr.

Today TTF=F spiked a further 8%, that's 30% in last week, though at €52 per unit it's down from €153 per unit in October2021.

All we can do is play the game and hopefully these prices do not elevate back to those high numbers if last winter for everyone's sake

USA won't want this Israel going any further than it has with what they are helping out with in Ukraine v Russia at the moment.

God forbid Korea & Taiwan equation in years to come.

Hope this goes back to normal soon! Doubt it though... :-(

It does look tempting, but at 15 times P/E not sure at now. I'm watching for a pullback to low 900p to consider a top up.

BAE have done well in M&A with Ball Technology, and with order book now standing at £66bn!!!

I'd just wait until we have another wobble and consider topping up here.

GLA

I say this now on every stock. STOCKS are neutral, the market could go either way from here to yr end.

Yields are up similar to 98/99, there is no growth.

Your better of with a conservative MYI or MUT not this.