Member Info for Dulwichman

I was in the Company of some MP's last night. I would appear that there has been very heavy lobbying by the food and booze industry that when we leave the EU and have taken back control over things like VAT ( It appears that once a VAT rate is in place under EU rules a national government is not allowed to reduce it) MP's it appears would support such a move as a Brexit bonus. Note that when HMG lowered Excise duty this is in the control of national governments. The brewing industry have always had a strong lobby group. If the above takes place this can only be a good thing for marstons

Any body Whilst I would agree that �7 is rather over optimistic not sure I would agree with your view on Aramco. With the change in leadership there is a very different political drive on the balance of the economy and a lot of modernisation within the culture.The Saudi's especially want to have a mixed economy. This is a radicle change and will take years. To achieve this they also need a huge cash injection hence the possible Aramco deal. If you believe the BP prediction on oil demand we are safe for quite a long time as long as oil is in the range of $60 + . EV's are interesting even if you take the UK as a first tier nation we have a shortage on the supply side of electricity and this will take years to put in place, add to this, as and when EV's really take of the real issue is charging. As of now fast charging ( which is what the user will want) needs a 3 phase supply probably at home ( have you seen the price of a 3 phase charging unit?) and certainly the National grid can not cope ( it only just copes now) This is a very long term and expensive issue on the delivery side of EV's. You would have to multiply the scales of this many times for a place like France let alone Germany and it goes into space for the USA. Returnables do have there place but there is nothing much on the horizon over electricity storage so solar is out as most will need to charge overnight. BP is good as it has gas and has moved into solar but on the BP report oil will increase in demand coming to peak oil in about 20 years. Many of us may well be dead by then.

Hi All I am a LTH in this share and have experience of company communications and company announcements.. I am afraid to say this one has gone over my head. Does any body have a plain English version along with an idiots guide as to the benefits? Thanks in advance

Agreed that BP may have doged a bullet. Press coverage in the Telgraph today has quotes from the new owners ( who incidentally also purchased BP refinery connected to the pipe line) It would appear that they were fully aware of the risk of the puchase and that the pipeline was in good order when purchased. he added that there will no no comeback on BP. The owners company lawyers may have a further view on this but my best guess is the BP will be in the clear.

Broker UBS believes things will likely get tougher for GlaxoSmithKline before they begin to improve. However, the broker has maintained Its target price and upgraded their �buy� recommendation, stating that concerns over the continuing earnings decline are overdone. The broker noted that a series of downward earnings revisions have reinvigorated the debate on whether the company�s dividend was secure. The company has now proposed a dividend of 19p for the quarter, and continues to expect a total pay-out of 80p for the year, targeting to maintain this level in 2018. Glaxo�s HIV joint venture ViiV has been the main engine of growth for the company, accounting for a third of the group�s earnings. However, with competitor Gilead Sciences re-entering the market in 2018, Glaxo is expected to lose market share. The broker notes that the recent share price decline leaves it trading on 13 time�s forward price to earnings ratio. They believe this shows the uncertainties priced in and, after 2 years of 80p dividends, investors will then be able to decide if �there is gold at the end of the rainbow�.

I live in London near to an active night time economy (Crystal Palace) It was derelict but a good bloke took it over , ramped up the real ale sales and everybody happy. He managed to purchase the lease and worked his nuts off and sold it on (good for him he deserved it) 3 years later a small pub chain sold the pub to weatherspoons but was run not as a wetherspoons (�10k a week rent)whilst they made 3 planning applications which failed as did the appeal process. Last week the pub was boarded up I believe that this is simply because it no longer fits the corporate plan of wetherspoons other trading name. It seems that in case it is a case of inflexibility. Mars seems to have a bit of a different approach which is helpful but it does go to show dangers in the industry making its own mistakes. �3.1 m will no doubt be written via tax and the pub empty until they brow beat the local athourity. Meanwhile the 6 other pubs all within 5 mins walk are heaving because they adapt to local needs.A London experience I know but shows that poor strategic decisions at the board are so important, Mars seem to be going in the right direction.But must not get stuck with in being rigid just to accommodate brand name too much. I am a LTH

My understanding is that Directors are not supposed to take notice of the share price in there decision making. I would doubt if this in reality takes place because of reputation damage etc. There role is the well being of the Company on behalf of the shareholders not as if they are share holders. Moot point I know but think of it if it was the other way around. All sorts of dodgy things could happen. Like many I think the share price drop has gone far too far with the given information available. Obviously the big boys are acting like a herd.

pokerchips I don't normally post on the GSK board, however I am an LTH. Tour comment about the sector not being in favour I totally support. There does seem to be that O&G is coming back in favour as there divi seem to be safer than they were and there is also a bit of growth in their prices as well. consequently there is a bit of a herd instinct taking place. GSK will recover and perhaps quick than some may think but not overnight. The rel question is GSK better placed to recover faster than some of the others in the sector. Personally with the recent board changes I view this as positive as long as they can revivalist the desire for change. There is something to be learn t from O&G thjat being change can take place quicker than thought for big organisations but of course this was forced upon them by the price of oil. but it looks like gsk may be ahead of the game. GLA and all in humble opinion and not selling more gone into the bottom draw.

This is the best news for LTH's lets hope it is quite large as the dilution over the time period is quite a lot, hopefully shell will do the same. nice constant gentle rise up looks on the cards

If by chance they do have a bit of spare cash they should 1) end the shares for divi scheme and or 2) do a share buy back.

posted on wrong board

https://seekingalpha.com/news/3300886-reuters-bp-azerbaijan-set-sign-caspian-sea-exploration-deal?uprof=44

Berenberg upgrade Pets at Home to buy.

Battery vehicles MAY have some short term positivity but mainly for the few. The move away from BP,s main focus of business ie oil and gas is in my view hydrogen fuel cells. As with all new technologist the ideas and and bases for the argument are there but with huge issues to overcome in terms of infra structure etc. A real view of batteries is very Complex and would not tick the boxes of the green lobby or the political elite if only they would tell the whole story and the truth. BP and other oil and gas majors will be around and needed big time for a long while yet

not very pleased about this. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=IVO&ArticleCode=34i69pxu&ArticleHeadline=Chairman39s_letter_to_shareholders

the one off futures buy at a high price/ barrel just may be a daft move or a fat finger?

As with with all possibles lets not get too excited it all depends on the price if it becomes a takeover or what ever, it is early days

working in the drone industry flying the them, I can assure you the drone industry can not wait for fuel cells to be more available . batteries are a pain in the A+++ for many a reason

anybody heard any more about the possible bid for Dong? any views

Agreed