Member Info for EMGOMG

I think BP’s share price woes are because doesn’t yet know how to price them. If you want to invest in an oilie then there are enough that are sticking to be predominantly An oilie. If you want to invest in the green market then there are other more established companies in that arena. So the transition means uncertainty and we know that markets hate uncertainty..that leaves a lot of investors, fund managers leaving BP in their watch list for now - IMHO

£3.10 emgomg
£3.20 NSS
£3.25 Jeffrey

Markets disappointed at no increase in divi or share buyback by Exxon maybe? Instead paying off debt..

Don’t forget my 295 I posted, all be it a little.
I won’t be denied my gold medal :-)

If Shell give good numbers then I expect we will rise off the back of that through to next week…good results follow next week for us and we might, just might see a nice steady rise for a week or more. Fingers crossed…Ive stopped expecting but hopeful of 320 in a couple of weeks

Sorry:
Sigma1 269
IceyDicey 277
Emerald 280
45Bob 287
codders £2.89
Cesna 291
Android 292
EMGOMG 295
SB £2.96
JSB £2.97
Jezzoo £2.98
Cong: 302
JPWilliams £3.03
CR 308
Spights 3.13
NSS £3.15
DiggerDave 3.19

Emgomg 295
Sigma1 269
IceyDicey 277
Emerald 280
45Bob 287
codders £2.89
Cesna 291
Android 292
SB £2.96
JSB £2.97
Jezzoo £2.98
Cong: 302
JPWilliams £3.03
CR 308
Spights 3.13
NSS £3.15
DiggerDave 3.19

Does the average person who buy stock, millennial or not, really care whether the stock is an oilie or not? If someone sees profit and value, they buy!

Now you’ve got me thinking because I thought if a company buys back it’s shares, they are basically retired..they no longer exist which is why the shares price, in theory, should go up

Shell and BP seem to move hand in hand, so I think good results for shell will result in a lift for BP, followed by stagnation,/maybe a slow rise to BP’s results and then we will see..all IMHO

Interesting that no one has mentioned the weak pound, that must be helping out our balance sheet, ready for reporting season?!

I am as shocked as everyone although none of us should be I guess. A positive we can grab onto is the meteoric rise the share price took between Feb and March where it rose over 25% in barely a month….market sentiment is so fickle atm but it works both ways. It’s so easy to hide under the bed sheets or take this as a buying opportunity which…after a lot and a bit more deliberation I decided to do, leaving a little bit behind in case this has further to fall…I think you all know the Warren Buffet quote!!

Does anyone know if broker fees are charged as normal on such offerings ?
I ask because I have a pathetic 284 shares I bought at over £10 a share. If my offer is only around £200, then £10 brokerage fee makes a big dent

I was so dumb..payment is next month of course...forget I spoke :-)

Does everyone agree that there should be a bounce back tomorrow as Div re-investments kick in?

that for me is the key question for new investors? I used to be in here and got out back at 72p and have been watching since, wondering whether to re-invest. The cash situation is promising but as an investor i need a strategy, I need to know what and who i am investing in? Until they chose a path then why would I invest in them, unless it was a total punt? Just my thinking..

Being single i saw a banner for a new dating site (at least i think it is new) and it has the Cupidplc badge. Maybe this will help their flagging fortunes?

They have only technically defaulted due to the fact their shares have been suspended but still worrying times ahead

http://moneyterms.co.uk/rights-issue/

I think you have summed it up there! Like many of us, we saw what seemed to be AHL and Man turning the corner only for all their good work to be wiped out in one week of volatility. This blew away any short term hopes that EMG had sorted out their problems and has left investors and the markets unconvinced of Mans short term recovery. As you say, until a good RNS or consistent proof that AHL is fixed or the majority of funds are no longer in AHL then I think it will be a constant 80 - 90p share for traders rather than us poor investors...but all that said, I do think people investing now will see a 100% return on investment, the question is, when?? all in my very humble opinion