Member Info for fogthemogg

His claim that the dire production guidance must be due to asset disposals, and not the obvious Jubilee production decline speaks volumes...

"What I can say with some degree of certainty is we are going to see more volatility going forward."

More volatility than +/-50% intraday? I hope not 😆

"ATLs looks a great buy to me and seems Goldman Sachs too. Expect another TR1 from them with increased tranches!"

Did you actually read the RNS 🤦

"Don’t know if it’s just me but today’s presentation just seemed to be lacking something."

Leadership? Vision? Competency? Ambition? Innovation? Positivity? Strategy? Sir this is BP.

Glenda will win Crufts at this rate.

"Nice uptick after double barrel ready to fly"

Yeah looking good now it's performed a triple camel spin, followed by a diagonal spiral and double loop to the 73.6% Fibonacci retirement level.

Gotta break and hold that dreaded 780p now!

"Is Elliott investment a good thing then? As they will make good changes rather than break up the company?"

They are very aggressive, short-term and try to force changes which boost the value of their investment. If you're long, then what's good for them ought to be good for you. If you're an employee or emotionally attached to BP as a standalone company, then you might not be so happy in the end...

Elliott are ruthless activist investors, they once seized an Argie ship after a government bond default...

They're probably what we need right now!

Dave, it's actually more than 50% shareholder value destruction since autumn 2022. But given FCF has halved since then whilst HBR has gone from near debt-free to $4.7bn net debt, the share price collapse doesn't actually look so crazy now...

The old tortoise LGEN getting pumped and dumped like an AIM stock 😆

7 recommends for Rob's post...The guy whose entire posting history is attempts to wrongfoot retail investors. Wow 😂

M1Rob who was bearish at 40p, then changed to bullish at 105p...You're either the worst trader in history, or a lackey for manipulators who's sent out to wrongfoot people. Either way, that isn't much of a life...

Hi John, I'm hoping that Tuesday was just a treeshake, albeit probably a criminal one. Do the FCA even bother looking into market abuse anymore?

But, we're applying English law standards and sensibilities (albeit imperfect) to Ukraine...

As I said yesterday, the amount is arbitrary and somewhat moot. It is the intent expressed by the government which matters, they've got FXPO firmly in their crosshair and they can weaponise the most corrupt legal system in Europe against our investment.

"Major recovery play in GFIN if anyone wants it"

Up 90% today, presumably down 90% tomorrow?

"Glencore would not buy this asset"

They are pros in buying assets on the cheap in rotten countries...

Rob's new short at 51p yesterday not doing too well...

Whilst it's been a sh*tty few trading hours, 74p and 11 million volume since the RNS doesn't actually point to the sky falling in...Yet!

"I have said before - it is of benefit to have a low valuation whilst billions of shares are bought back. I am sure that institutions are content with that being the case, as am I."

And people wonder why the UK stock market is dead. You would never hear that kind of investing attitude in the US, they demand growth from companies or they get binned. Here, we sit in dividend/value traps for years and pretend we're happy that the share price is low, just so the company can spunk more cash against the wall on buybacks. Madness.

P.S. I did still take a cheeky slurp yesterday at 65p though