Member Info for driftking27

SO, we’ve had the Brexit results boost SP, but of a false USA & Chinese trade statement, and some lower than expected USA retail numbers. Think, this trade deal will take much longer than Trump is fooling us into thinking.

What we can say, OPEC are still playing games with oil price! Lol

Not sure where market will go by end of Dec with mammoth giant ARAMCO doing the rounds..

BP got a lift of confidence today after JPM gave BP it’s overweight rating amongst every other European oil company.

There is still lots of negative impacts around the world; Germany just escaped recession last quarter, you have high unemployment still in Italy /Spain 10%+ in youngsters, have a USA election year, oh and not to forget Trumps impeachment, a Chinese trade deal pending, OPEC wars are just getting going( there only prepared to reduce oil output until March ( not what market wants).

There will be future volatile situations, that will present a better buying opportunity, as the DOWJ is at an all time high now 28000 which is a disparity to the rest of Europe’s index’s FTSE 7225.

I own HSBC so am not a troll, but also LLOYDS, and GS ( Goldman Sachs )

It’s getting rather precarious as to what game ARAMCO will be playing when they come to the market.

ARAMCO are the worlds lowest cost to production oil company, around $2.68 pb!!!

Will they try and drive the oil market lower for there own gains and make companies bankrupt..

Look at Chesapeake petroleum already suffering, Apache petroleum going same way...

https://www.theguardian.com/business/2019/dec/05/saudi-aramco-to-be-worlds-most-valuable-firm-after-ipo-next-week

WELL means RIO can go shopping sooner and get a bargain maybe?

Hi Bloomberg tv show it dropping too

SHARES dropping 7.5%...

##. ITS A BUY ##

BRASILIA, Sept 10 (Reuters) - Brazil’s government on Tuesday slightly raised its 2019 economic growth forecast and said the worst for the economy is probably behind it, but showed no sign it is willing to ease up on its commitment to austerity and strict fiscal discipline.

Speaking to reporters in Brasilia after the growth outlook for this year was raised to 0.85% from 0.81%, Economy Ministry Secretary Adolfo Sachsida insisted that the government’s three main fiscal rules will stay in place.

It is also too early to say whether the economy’s recovery, which he believes is now underway, will allow the government to reduce the 34 billion reais ($8.25 billion) budget freezes it has announced so far this year, Sachsida added.

If you’re wanting to top up, I’d wait until January

Hi, sorry for posting an incorrect figure. Just read the Q3 EPS to date update RNS.
$3.50-$3.70, so roughly £2.85 let’s say giving a PE of 26 approximately for full year.

Apologises

You have already answered “..what’s not to like at the 7%.”!
Shares above 6% in most people’s eyes carry very high risk of maintaining it. I needn’t list companies who have cut. Vodafone to name the latest one.

Though, banks across the board are classed as value stocks, so they could rise significantly next year, if US & UK agendas go well.

I have HSBC, Lloyds and GS in banks. GS has been a belter for me, due to its low divi and high growth rate.
Good luck everyone, and here’s hoping we don’t revisit 450p where the rights issue was placed 2009.

RIO don’t need GLEN, certainly not in a slowing world economy.
But as we all know RIO possess commodities that the world needs in building materials.

On different matter, RIO looks like dropping from here. Better with oil stocks than Iron Ore.

If Trump gets this China trade deal agreed before year end could see 4800p.

Today I sold half my HSBC and used to top up here.

Until it shows, looks like I don’t think so mate!

I bought Monday, I’m holding this for 30days see what happens..

Now 1.32p

Would it not be better to follow the experts and so far, MS stands out as the winner of the world Banks. JPM is second and BoFA 3rd.

These high dividends do nothing when had times come about and dividend cuts are mentioned. US banks on average are around 3% and have shot up with growth over the last 2years! hsbc & LLOYDS have floundered and been dragged down.

I’m lucky I got some ???? GS back 9years ago, though only 50 shares, topped up HSBC with rights issue.
My US stocks are vastly outperforming my UK stock and have done since continuing to buy in 2009.

Never listen to DB, every note they publish is always wrong...

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

https://www.nasdaq.com/market-activity/stocks/azn/earnings