Member Info for Edwina

If they repeat half year results your talking a PE of 4? What gives?

I don't think its that hard to fathom. The Fed is propping asset prices up due to negative interest rates. All this money borrowed at 0% is finding its home into anything yielding above 0.5%. All this talk of bubbles, recessions etc are ignoring the fact that gov's and institutions can borrow at 0%. Does a recession mean stocks will drop? Nope. Does QE mean stocks / assets will rise? Yep, so long as inflation doesn't get carried away which may increase interest rates (which isn't happening any time soon).

On market maker books. BERB. Selling quite a few. They seem to be lifting. Please can anyone point me to another gold miner with such a good near term, and longer term prospects. Great value at these prices, I have been buying a sizeable stake at these levels. GLA

MM's short of stock, as per last post, just hold. The lowest of the low come on boards to try disrupt proceedings with wild accusations. In reality they just want to buy in cheaper. You've got to remember 90% of traders loose money. Fair enough don't have your head in the sand, but at the same time, choose your buying and selling price targets wisely. Keep your heads screwed on. The stock market is wild, if you can average anything over 8% return a year your doing well, keep at it and you will achieve far higher. Have a good week everyone.

Has anything actually changed? Seems to me things are swimming along nicely. Its the simple fact of rainbow chasers doing what they do best, get swallowed up and spat out by the market. Best stick to there day jobs.

36 mil share trade just gone through at £2. casual £72million :)

Does this have an approximately 3% surcharge per year as per KID doc? Thanks for any responses

this ****** been reading too much FT.

Seems to be a fitting time to rally, just as the FT puts out a negative headline on oil it begins to rally. These guys are pretty good at picking tops and bottoms.

With RR at say £1.5 prior to Rights Issue?

Surprised to see Aviva this low, whats to stop a whale or two (banks etc) borrowing at 0.5% interest, and pumping it into these massively discounted, high dividend yield shares. Even if the divi is cut in half your still raking in dividends which cover the interest of the loan 10 times. I have bought a sizeable amount today and will hold until the market discounts become slightly more normal. The world seems to be penciling in Covid immunity which last only a few months, so the pandemic will go on indefinitely, ive always been amazed but never surprised at how daft people are. I look forward to things beginning to normalize in the next 6 months, once the worst is over. Can anyone else point me to such a solid company trading at these discounts? Thanks in advance, and GLA

BP. down 0.5%. Bargain hunters not going to let this go too much lower by the looks of it. Ive been buying more, and happy to see a solid bounce this afternoon. Gas prices solid. Nice chart pattern today, looks like a hammer to me, one of the better trend reversal patterns.

These were £3.00 when oil was $25 a barrel a few months ago. Filling my boots, and grateful for the opportunities it presents!

No more buys on the midprice = no more free stock for market makers. Can see people buying any weakness now bottom seems to have been reached. GLA

All the sells going through on level 2. In the meantime you cant buy a dime.

Back in early 2016 when Brent bottomed at $28, and BP bottomed at 305p, youd have expected BP to cut costs to future proof the company? The drops we are witnessing certainly seems to be some institutions selling out certain asset classes, as its hard to hide large sell orders, the market seems to be obliging and ensuring they sell out as low as possible.

FTSE pretty much flat, oil pretty much flat from yesterday close, BP. down. Market drops the price to see if the forced sellers want to continue to sell - check. Clearly a squeeze going on, chart looks ripe for a rebound, it hasnt had a single monthly positive in 13 months! Capitulation approaching.

Ive been building a solid stake around 205p average, mainly for a future dividend income stream, any capital increase is a bonus. But id love to see a professional breakdown of the company. Im guessing there keeping tight lipped on any positives, probably quite happy to see it fall further, at the end of the day its getting cheaper and hence a better investment proposition. Markets always overshoot to the downside and upside. Once things stabilize and the more astute market participants have amassed a solid stake, only then will we see positive media newsflow, tips etc. Happy to hold 10 years.

Can anyone point me towards a decent broker note please? Thanks very much in advance

My interpretation of BP. just now, is clearly there is a secular shift of some investors to phase out of carbon intensive portfolio positions. Be it pension funds or large asset management co's. The market is doing what its good at, getting them to sell out as low as possible, if your a buyer of BP, your trying to get the best possible price right? Ive started phasing in at these levels. Great value to be had.

Im assuming the selling today is mainly amateur sells who bought for eligibility to be on the shareholder register on Friday 9th. Now they have sold to chase rainbows elsewhere.

I will add on weakness due to:
"Financial performance is expected to significantly improve in H2 2020 due to increased production and precious metal prices remaining higher than H1 2020"
"Special dividend will be considered in Q1 2021"

Shareholders are often held hostage by the share price spread (sometimes approaching 8%), hence buying whilst cheap seems the way to go rather than chasing it up. Solid company, happy to hold & buy more to tuck away longer term.