Member Info for gulfharbour

It seems like pockets have been filled and money made by all but the owners of the company who are the shareholders.
Maybe the BOD forget they work for the owners?

Y11,
I have never seen a share buyback make significant difference to share prices, and the reality is that current SP movement is being driven by rising oil prices, not the buyback per se.
Although I agree that a prolonged buyback may eventually have an effect on SP the reality is that there are still 5.5 billion shares in issue and current buyback rates are circa 4m per day based on recent RNS's.
Also BP are still issuing shares

If lack of cabin crew is the constraint on EZJ operating more flights it makes a lot of sense to strip out 6 seats and reduce from 4 to 3 cabin crew.
Result = more flights able to be operated and more profit

Happily bought more at 497 after what appears to be a sound update.

I also sold about 20% of my holding today to lock in some profit but happy to keep the balance intact to see what happens heading up to ex-div date next week.

Each to their own Falky.
I have sold a few BP to lock in profit recent rises and used the proceeded to top up on LGEN which at these prices offer a circa 7.4% return.

Cmon BP - keep the buyback coming at these low prices.

United Airlines and American Airlines results are due on Wednesday and Thursday this week but I can't remember which reports first

With current high inflation levels I expect the higher div paying shares such as LGEN to be more attractive especially as at current prices this has a div yield of around 6.7%.
I plan to top up with some more early next week

Go to privacy options bottom right of screen.
Select reject all, then save.
It worked for me a month or 2 ago!

30 day chart shows steady rise from 333.
BP up 61p in 1 month is a great result and it is no surprise there is a pause and slight retrace due to profit-taking.
Final res are only 2 weeks away and I expect further upwards movement before then.
The biggest risk I see right now is potential for UK gov to implement windfall tax on North Sea oil as previously suggested which might dampen enthusiasm in BP.

Pasty, y11 means calculations he doesn't understand and can't explain to anyone else

Agreed lsetown.
I can't understand the scale of the market reaction to what seemed like a decent update so I also just bought a few more.

Donation made.
Well done Asp/Uncle Doug for organising and to everyone who has entered and donated.

Asp, my target SP is 65p.

Swingman,
WTF are you on about?!

I have the same question mark just as you have set out Paul.
On balance I will probably add some more but with the next div payment not due to be made till May 2022 I do not feel like I have to rush in to buy right now.

£3.28 dicklaw68
£3.38 pastyc
£3.59BigMacCheese
£3.60 45Bob
£3.50 Chitty
£3.57 Toanuk88
£3.65 licker
£3.67 Share-Ninja
£3.70 Gulfharbour
£3.72dannygelly
£3.76 Rhino2k
£3.95 54retiresoon
£4.08 spights
£4.11 y11

Hi Motbuck,
I too have a similar timescale for retirement although mine might not be as "early" as yours.
It doesn't seem too surprising that LLOY SP has not reacted more positively because most of the results seem to have been priced in on the back of recent results from other banks.
I still expect a slow and steady rise over the coming months till the final results in Feb that should include an update on an increased divi (plus a special?), and maybe a buyback.

Has Plato gone?
Maybe the medication has started to work.