Member Info for fleccy

"Fleccy...what about the 40 odd thousand massacred by the iranian lot for protesting ? Believe anything the iranian lot say? What about the face pictures they issued?"

Things like that aren't good, but the US and Israel wont care about Iranian lives lost? Do you really think the US and especially Israel care about Iranian's? My guess would be they don't, they're just disappointed that the protests didn't escalate to a full blown revolution and regime change, which is why Trump was encouraging the uprising in the first place. It's well documented that Netanyahu has been pushing for an attack on Iran for decades, with Trump he got his wish. Israel have there own reasons for wanting this war, Netanyahu massaged Trumps ego into thinking he could a Venezuela like takeover, how wrong this was. If I was Trump I'd be thinking fool me once, assuming he isn't as stupid as he appears.

Reading between the lines, the rhetoric around US Marines and boots on the ground should be pushing Oil and BP's share price up. Some of the market has started reacting with share prices starting to drop, strangely BP has dropped with them instead of rising. There should be an inverse relationship between BP's share price and other sectors.

Unlike the Market's, War doesn't stop for the weekend. If the latest rhetoric from the US is to be believed, Oil prices should start climbing again in the not too distant future.

Stanley I'm not sure why you defend the US administration for becoming Netanyahu's puppet. Israel are a destabilising state, not just in the Middle East but also the wider world. The Israeli's have a rolling campaign to remove all Palestinians from the country, either by making life so uncomfortable for them, or killing them. Western hypocrisy around Israel is palpable, the UK will sanction West Bank Israeli settlers, when it's clear they're acting on behalf of the state, why aren't they sanctioning the whole Israeli state for this? The Israeli's treatment of Gazan's borders on psychopathy, killing people going for food as if it's some kind of sport. The Israeli's feel like they can get away with anything, but the World can see what they're doing and it will eventually come back to haunt Israel. Israeli Government policy has hints of Naziism, everyone can see it and there will be a day of legal reckoning.

I doubt it, BP recently stopped buybacks in favour of reducing debt. With the sale of various assets, focusing on debt reduction, I suspect any Iran war windfall will go the same way.

Any thoughts on the London litigation around the Fundão tailings dam collapse, which could cost BHP up to £36 billion?

Rio Tinto is a stock I'm weighing up, but I'm not sure how energy costs might affect the share price in the short term. Mining is quite energy intensive and the Iran war could knock Miner's profits while Oil and Gas prices are elevated, any thoughts on this too?

How do you figure that Smiffy? It seems the Iranian forces are still intact and inflicting damage at will, look how quick the Iranians responded to the Israeli attack on the South Pars gasfield by striking Qatar's Ras Laffan LNG facility and Saudi Arabia's Samref refinery. The Iranians also managed to hit the Bazan oil refinery in Haifa Bay. It wont be easy for insurgents to take down the Iranian military, in fact it's probably unlikely they'd try.

I've just got back in from doing some shopping, I'm well impressed with the closing price. I'm glad I didn't sell all my holding yesterday, it did cross my mind. Still, I wish my crystal ball wasn't in for repair and I'd waited another day🔮

Every time I look at BP it's higher.

This is a Honda advert, but BP's ballistic share price movements made it spring to mind.

https://www.youtube.com/watch?v=NrQoof1F2cQ

24 hours little hours

https://www.youtube.com/watch?v=OmBxVfQTuvI

You've lost me fox: here's the math's in more detail:

I actually built my BP holding in two tranches, with the resulting holding being 24,059 at an average price paid per share of £3.906806, so my investment before todays sale cost me 24,059 x 3.906806 = £93,994

Today I sold 17,000 shares at £5.586 and 17,000 x 5.586 = £94,962

£94,962 - £93,994 = £968 (Ok not quite £1000, but close)

I'm still holding 7,059 shares valued against the floating share price, so at today's closing price of £5.558 my remaining BP holding is valued at 7,059 x 5.558 = £39,233.922

Bear in mind I've had all of my initial investment returned plus an extra £968, so my current overall profit based on today's closing price is £39,233.922 + £968 = £40,201.922

Hope that makes sense and I haven't made any silly mistakes.

Thanks. I do use AI to investigate stocks and find investment possibilities, but you have to fact check everything the AI's churn out. Quite often the AI's give out of date dividend yields and I've noticed a lot of other mistakes outputted due to out of date data. You have to prompt correctly to ensure the AI uses up to date information when it formulates its answers.

I'm not really into piecemeal selling, I prefer to set myself a target price. I'm not out completely so I still have options should BP see big gains from here. I've got a stock in mind that goes Ex-Div next week, so I'll probably invest a good chunk of the BP sale cash there, but I just didn't feel like doing the trade today. I initially had four target stocks in mind for the BP cash, but I've reasoned it down to two; The two stocks I thought about and dismissed were United Utilities and Greencoat UK Wind PLC. United utilities is in the midst of a big infrastructure build requiring much more debt and has a smaller dividend yield than I was looking for; Greencoat has an amazing dividend yield, but is structured as a fund and although it appears safe on paper I'd rather invest in big companies.

Ok I've given in to emotion. I've just sold 17,000 of my 24,000 BP shares at £5.586. My original investment was 24,059 shares at £3.91 per share, which returned nearly £95,000 which is around £1000 more than my original investment and I still own 7,059 shares in BP which are essentially free. Now I just have to decide where to reinvest the cash from this sale. My target was £5.60, but nerves got the better of me.

Or alternatively Iran could intensify strikes on Oil facilities of other Gulf states in response. If it's existential for Iran, they'll makes sure the global economy collapses along with the regime.

"The analysts pointed out in the note that both Dubai and Oman cash prices were trading around $155 per barrel, “highlighting the severity of the shortage in barrels originating from the Gulf”"

https://www.rigzone.com/news/jp_morgan_flags_oil_price_misalignment-18-mar-2026-183233-article/

Watching the oil price and BP's share price is difficult, when you're sitting on a large paper gain driven by geopolitics. The hardest thing is weighing the narratives around how long the war will last. It's not just holders of the Oil Majors either, the entire market is also speculating the timeline and eventual outcome. Travel and Leisure was among the top gainers this morning, probably on the back of a drop in the price of WTI driven by reports of a trickle of ships navigating the Strait of Hormuz. So the big question is how much longer will this last? The market seems to think this will be temporary, but there's no sign of capitulation from Iran or Trump.

Yes it went Ex Dividend in February

The 553.4 trade just before UT caught me out, serves me right for watching Google Finance and making an assumption. I was hoping 553 would set us up for more leaps tomorrow morning, slightly disappointed.

I don't have access to any real time stock pricing feeds, but it looks as though todays close is around 553p