The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
5th November BG Group boosted by massive upgrade to Brazilian reserves Given the extra reserves identified by BG, this price would be worth an additional £4bn to the British oil and gas explorer. Last week, BG revealed it hadestablished its first permanent floating production, storage and… http://search.independent.co.uk/topic/energy-british-gas Energy company British Gas has expanded its fledgling insulation division through the acquisition of family-run business Hillserve. http://www.greenwisebusiness.co.uk/news/british-gas-grows-insulation-business-through-acquisition-1306.aspx
15 Billion dollar investment in Australian LNG project. The LNG investment is said to be the largest investment ever undertaken by the BG Group. The investment is expected to have an operating lifespan of 20 years. The BG group project has been identified as one of two projects approved by the Australian government on the 22 October 2010. The Australian government has also stipulated that the company must adhere to strict environmental conditions. http://www.companiesandmarkets.com/news/bg-group-pledges-15bn-to-australia-s-lng-project-n191.aspx Lets not forget Brazil massive oil upgrade The Telegraph says buy! http://www.telegraph.co.uk/finance/markets/questor/8105726/Questor-share-tip-BG-Group-increases-Brazil-reserves.html
Will it go below 1300p? Why would you wait and wonder? I think you should be more worried about 1200p The VAT change is going to destroy this even further. The only reason it got so high in the first place is because the web site has been used by anyone who ever brought designer clothes online and they probably thought it was cool to able to say they held shares in them. The real business people saw the foundations of the company and decided that riding the share price on people just liking the idea of ASOS was never going to last, as the shares were lets face it, basically over priced. Ive been in and out of this for years and will maybe get back in when it drops bellow 1200p (already 1299 as I type) but not until I have seen how the VAT changes will affect their trading figures, which may be some time in the future.
Official certification. Its going to be a good Christmas! http://www.bg-group.com/MediaCentre/Press/Documents/Miller-and-Lents-letter.pdf TOP UP!
Its only just the start of winter and BG will keep soaring never mind the two very impressive news reports out today that have made me do a little dance. NEW DELHI, Nov 2 (Reuters) - British gas producer BG Group Plc plans to invest $500 million over five years in its existing oil and gas assets in India, a top official at its India unit said on Tuesday. BG Group is looking at participating in the current Indian oil and gas exploration licensing round, Walter Simpson, president and managing director of the company's India unit told reporters. http://www.lse.co.uk/FinanceNews.asp?ArticleCode=juxxc2053r719pb&ArticleHeadline=BG_Group_to_invest_500_mln_in_India_over_5_years Also... BG Group today announced a 2.7 billion barrels of oil equivalent (boe) upgrade to estimates of gross resources for the Tupi, Iracema, and Guará fields in the Santos Basin, offshore Brazil. BG Group's new aggregate best estimate of economically recoverable gross resources* for these fields amounts to 10.8 billion boe, representing a 34% increase to the 8.1 billion boe mid-point of the Group's previous indicative resource range From Mulledwines Link below.
Despite current trading levels remaining positive and potential seen for strong growth, KPC Peel Hunt is downgrading ASOS to a sell as it believes the current shares to be overvalued. http://www.lse.co.uk/sharecast-news-article.asp?ArticleCode=3791577&ArticleHeadline=Broker_tips_ASOS_Dignity_iomart
Centrica the top 30 FTSE listed energy company, owner of British Gas, Centrica Energy & Direct Energy is expanding its M&A team to assist in implementing our on-going growth strategy. This is an exciting opportunity within a highly visible team, contributing at the most senior levels within Centrica. Operating in an increasingly competitive and volatile energy market, this is a great chance to contribute to M & A activities throughout the energy supply chain. www.jobs.centrica.com/uk/windsor/exploration-and-production/analyst-m﹠a-for-top-30-ftse-100-jobs+mergers+and+acquisitions+uk+ftse&cd=7&hl=en&ct=clnk&gl=uk&client=safari
First time I saw this stock in the red for a long time yesterday but look at it go again today!