Member Info for driftking27

Housing recovery!!! We’re in a housing bubble mate.. lol

I bought a LONG TIME ago at 580p, 390p, 500p

RDSB 2150p was my buy price a couple years ago.

My next buy could be Warrens BRK-B. Has to be best play with $128bn in cash reserves ready to buy on big dips lol

I wouldn’t jump on the bandwagon just yet. 3.5% rise in Brent on my the back of Iranian and Conflicts.

This year XLE oil majors have to pay $20bn of debt covenants back, and further $180bn by end of 2024.

That’s just the start. We also have Brexit being signed on January 31st, and US & CHN trade deal.

Today we see Oil spike 3.5%, but not much movement on oil producers.

The reason, 2020-2024 are going to be hard years for oil companies. XLE has $200bn of debt to pay down, $20bn in 2020, they can’t raise bonds to pay debt down, so this thought is now weighing on majors, CHEVRON, EXXON, RDS, BP, TOTAL.

In September 2019, oil spiked only 5% and oil producers barely moved either..

This is becoming a confusing market play , amongst BREXIT, but-biggest threat to global markets is USA v CHN trade deal

Yeah, I agree. I think we may have a healthy 4-5% drop in stock markets in first 3months and this will be a buying opportunity.

I’m looking at value plays that are beaten down from 2019 to play catch up, have got a couple and looking at Energy sector which is value through n through.

Question market remains with OXY ‘Occidental Petroleum’, which WArren Buffet has supported I its takeover of Andarko.

FTSE has underperformed nearly every stock market index due BREXIT. Think it has gained 12% to S&P 27%

Iv only one thing to report back on after those numbers at year end for Unilever. A stock that was a bellwether for me with 2075 from 1998 numbers.

You can only push consumers so far before rival brands and supermarket own-brands start to steal market share. This is starting to show through...

Merry Christmas all.

I believe 7800p is the top this will reach, then retreat down. I’m selling mine today for a gain of 28.5% and 91% on previous trade. I now have ABBVIE to the healthcare sector and doing well since buying November!
So ABBVIE, AZN & GSK current investments. Might take look at buying ARROWHEAD’s amazing performance this year

Let’s hope Utilities, Healthcare and Banks take a sugar boost from Xmas and start catching up with USA stock gains there..

I’ll be debuting ULVR sub 4000p next year once GSK hits 1800p

Just bought 754 from 30%+gains in GSK

In answer to this. Simple. Oil companies are cheap because of the oversupply of oil in the market.

OPEC have cut supply by 1.6m b/po until March 2020, the market didn’t like this as we were expecting a cut until end June, but no. Oil could go lower April onwards.

Previous dividend dates are listed here.

You have missed the payment for Dec. So you can buy now and wait for the next set of dividend dates in February.

https://www.dividendmax.com/united-kingdom/london-stock-exchange/oil-and-gas-producers/royal-dutch-shell-b-uk

Type this into google and you’ll get an answer

dividend dates for RDSB 2020

Broker notes were released last week. Both underweight and negative going forward.
Both have a price target of 3600-3900p

I think once phase two of the trade deal is announced then we will start to relax. China have already said that nothing is guaranteed, just remember that as its not in writing!

On different note, OPEC have reduced oil output of around 1.6m bpo, but it’s only until end March. The market was looking for a cut until end June.

Just read a FOOLS article on SSE, dated April and predicted a dividend cut to 80p.

Not sure how safe it will be thereafter as normalised earnings have dropped considerable

https://www.fool.co.uk/investing/2019/04/15/is-sses-7-dividend-yield-safe/

British bulls have it as a BUY, so will be selling GSK and buying here Monday/Tuesday

https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=SSE.L

British bulls also have it as a SELL

https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=GSK.L

You need to understand how the stock market works. Risk on trade is being played now, GSK is a defensive play.
Going forward it’s not growth trades that will be in focus as they have carried us so far now.
Value trades will be the next cycle ( stocks beaten down for no reason ).

As the current market is still in a whirlwind, Andy not going to improve anytime soon, is SSE a buy at this price?

I sold NG last year when it started to falter from its heady peak of £10+ and did regret it, but bought RIO instead.

Now I’m looking to either sell GSK & move here or NG.

Think that top up was a bit of a worthless trade. GSK has a trade range, there isn’t much upside as there is with possibly HSBC, RIO, BP ( value trades ).