Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
High oil prices hurts glen, also oil and gas companies are too high to buy at the moment, shell purchase price is 2200 not 2590
All the best
Fusion98
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This is why,the oil n gas sectors,probably one of the best sector,to be in
https://www.youtube.com/watch?v=0rn44Tf60tk
@MrWolf. i am fine thank you, don't post much here anymore as I use BarcPlus private board (lots of good traders posting in real time without the £10 by xmas brigade :))
Fully loaded here in Barclays with 67300 tokens and waiting for a recovery but tempted to sell at 164 and buy back lower, who knows.
ECB increased by .25 points yesterday and BOE to follow to 5.5 which will hinder barclays short term but profits rolling in and results next week.
it goes upwards, downwards and side to side, you pays your money and makes your choice.
Now just need Glencore to hit 500p and Barclays to 180p i will be happy :)
Good luck all
Fusion98
I'm holding off to see if this rally fizzles out
last time it peaked at 164 before falling to below 150.
I will buy with dividend at that point, it it rallys and gets away i have money to invest else where.
Fusion98
Be mindful of paid adverts, never mind the fool is full of s h @ t
Jon Smith has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned.
Fusion98
Oh my lord where do i start,
(1) take off the tin foil hat (2)clearly BT is undervalued and worth more than £3 - nope its worth 111p as it stands and the best projections going top out at 180p (3) The markets are corrupt - pmsl, of course they are and Donnald Trump should be king of USA. (4) Its brexit to blame - sure and the cookie monster too (5) its negative press - wow becuase no other company has had bad press..mmm glencore and salvery, tesla and plastic products, nazi workers, sure the press. (6) amazon moving into telecoms - no they havent and if they did they would buy a network putting BT price up not down.
Now put the tin foil hat back on and go rock back and forth in the corner, they really are out to get you.
Rolls Royce is a growth market as airlines go for less polluting engines, they have a reciprocal market. BT Doesn't.
Rolls got hit hard by covid as airlines stopped, they had to recover before buying any new planes, thats now happening hence the recovery for RR. Its not comparable.
BT sells phone calls, mobiles and internet to a non expanding market, its got no planned growth for the next 3 years.
300p, keep looking for that crack pipe.
Fusion98
The market likes certainty and currently we have a dead CEO taking cash and a new one who hasn’t started. The unknown of the new CEO plans is (1) reason for the low price. The (2) is the debt, the (3) is world economics, (4) is the lack of growth in current plans (see 1 for more) and (5) is the fact stock markets always fall in summer as the traders take their holidays.
Buy, hold and sell later as BT is not going bust anytime soon, also DT is not buying BT the UK Gov wouldn’t allow it and 300p per share… stop smoking crack.
As you were
Fusion98
You have just listed a few things from the top of your head that do not exist.
The market is not interested in what could be, should be, may be in 3 years time.
It looks at the realistic view of today, 18.9B debt pile and stagnant performance at best for the next 2 years.
BT NEEDS to get rid of the debt and stop trying to be something it isn't.
Fusion98
Dividend payments of 7.5p are now covered 2.4 times by anticipated earnings.
Net Debt stood at £18.9bn at the end of March 2023
BT current market cap is £11.1bn but any take over will take the debt into account so making it 31B at a price of 111p
Sale price (assuming it passed UK.GOV which it wont) 130p - 145p
lets hope the new CEO taking over in January can make some good choices, TV Football rights isn't one of them.
Fusion98
I see people complaining about the div of shell and i agree its not great.
so instead of holding on forever buy around 2200 - 2230 and sell around 2400 - 2430
rise and repeat several times a year and rake it in, holding wont make you any money
Fusion98
Its because there are strong indicators that the UK is heading for a recession, so banks which have leant huge sums in mortgages in the last 10 years are under the spot light for now. Give it three months and this will be blown over as there will be something else in the world to draw the markets attention.
Barclays is well funded, not about to go bust and on condition it doesn't do any more stupid schemes or fixing another money market then the share price will recover.
185p for my exit.
Fusion98
This will never happen for many reasons (1) NO BT CEO wants to remove the golden goose (2) Open reach has access to too many secure areas of communication from Government to Army (3) Its the largest UK telecommunications network which is critical to the running of the country, no foreign company / entity would be allowed near it.
Fusion98
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I think Drahi wants Openreach
all the miners know that electric cars are going to be the next big thing and all require large quantities of nickle and copper both of which are owned and mined by Teck. Buy the competition to gain market share. Personally i think the price is too high and the initial take over offer put a target on Tecks back who want to split the company into two easy to digest chunks.
I would pull out of the bidding and if Tech survives to split, pick up the bit you want for cheaper or choose another competitor
This seems like buying at the top of the market and over the price of top doller to me, bad move considering Glen have just paid all their debt off and are cash rich but the CEO needs something to put on his CV i guess.
Fusion98
NAVs arepointless. its the value of the company at that point in time, however if those parts were put up for sale it would be because they have to in which distressed state their value would be worth far less.. Think firesale of 2008.
Ignore the NAV, Ignore the broker ratings and you will sleep easier.
Fusion98
by the sounds of it your looking for a mortgage deal.. well so is everyone else which is why you cant get an appointment. All lenders are in the same boat, I'm just glad i don't have a mortgage any more.
Its not specific to Barclays and your not that important, that isn't poor service its supply and demand.