Sp seems to have settled at the current level with possibly a very slight uptrend.
I can't understand why people think it should be on a par with the likes of Netflix - ITV is a British broadcaster.
As long as it makes money and pays a good dividend that seems ok to me.
The main risk at the moment is Fool.co.uk saying it's a bargain. Following Fool is well, foolish, and i've always wondered if they're simply having a laugh.
Indeed. The BOD don't seem concerned about shareholder value - rather to keep building up their assets instead.
Even if the dividend is halved it's still a good investment as long as one buy now and the sp doesn't halve too.
I think this rope problem is nonsense, fascinating though it seems to be to many. The sp will probably settle here now until first oil result.
What has the PM got to lose by sticking to her approach? Nothing really since whichever is the losing side will always pillory her. At least she has grit. I wouldn't mind crashing out as PM on her pension regardless of what people think of me. Wonder how many LLoyds shares the cabinet has?
Dividend cut priced in do you think? That is, if it happens, will sp not move? Answering my own question, I can well imagine a drop to 120/130s if and when a dividend cut is announced.
If the dividend is sustained then this may be the best investment in the FTSE 100. (Surpised VOD hasn't been relegated.)
Seems to have a history of massive swings,
Soundtrader - I think the Burns statement is particularly true when it comes to oil stocks. Any negative comments on these forums is often met with such vitriol.
You've gotta be very lucky to ride a rising channel and get out at the right time as they turn on a sixpence!
Most have non real value either. Just hope.
Yes.
I've also noticed they rarely seem to go on to own the shares they are prattling on about.
Only a fool would follow a fool but sadly there are many fools to be fooled.
The sp has fallen from 60 to 40 and if I top it no doubt it'll go from 40 to 20!
Timing is everything since there's indeed no rationality particularly with the small oilies. Except I suppose the consistency of an overhyped valuation followed by the inevitable declines e.g. AMER,ECHO,ENQ,HUR,SOU,RKH....need I go on? Going back a while we had that with MATRA,RRL,XEL,OEX,AEX, NTOG, XCITE....
HUR does seem a tad different though. Dare I say it 'feels' more professional. We'll see....
Must be a good wheeze blogging about all these oilies that are on a persistent decline and thinking all the naivebut hopeful PIs being hoodwinked. A tad less brazen than brokerman dan though for those who go back that far.
..and even as I think it the sp is turning lower. What power and influence I seem to have...
We seem to have a small uptick in the sp driven by euphoria over this vessel's approach it seems.
Relating the sp to the PoO seems rather futile given we haven't actually produced any.
Anyway, tempted to jump in again and drive the price down as I always do...