The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Unlike Keeppluggingaway, I’m not a scholar of History however, Israel, was established in that specific area thousands of years ago
First and foremost, I hope we can all agree, the immediate release of all hostages, from around the world, is a prerequisite for a ceasefire
A dividend, in a risky sector such as O&G, below risk free interest rates, is quite unappealing unless you feel a stock has significant upside potential
As a longtime investor in BP, as things stand, I don’t think we’re ticking either box at the moment, which can only be attributed to sun-optimal leadership
I think the OP will only spike if Iran and its proxy’s look like causing an escalation. As the threat of an Hezbollah attack in the North has receded, the OP has dipped although market sentiment has weighed on all indexes over the last week-and-a-half, so we could well move towards $93 in the coming days with a rebound in sentiment coupled with Israel’s ongoing action in Gaza
The fate of the hostages could lead the OP as well. Hoping for the best for them, they seem to have been forgotten by the media and political commentators
Traderesque, if you have served in our military, I humbly apologise for my characterisation of you as a typical conspiracy theorist. We owe all of our veterans, and those who currently serve, a debt of gratitude that can never be repaid. I wish you the absolute best
From my perspective, I am becoming increasingly exasperated by distractions when we should be focused on trying to comprehend the repulsive evil that was unleashed on Southern Israel last weekend
Undoubtedly, many have dropped the ball from Israel’s perspective and, once there has been a thorough investigation, they should be duly sanctioned/punished. However, no one of sane mind can believe that anyone would have deliberately allowed Hamas’ animals to butcher innocent women, children & babies. The massacre at the rave where 260+ kids were murdered was particularly grotesque
I hope the death and destruction can come to an end as soon as possible however, that does now rely on the eradication of Hamas
Traderesque, why don’t you crawl back under your rock, you horrible, sad, pathetic waste of space. Conspiracy theorists like you, who think you’re cleverer than everyone else, are just simply PoS, who in reality, are quite dimwitted and simple-minded
In any case, I have no idea as to how your silly post has any relevance to BP
Hopefully, our new (permanent) CEO will be able to articulate and demonstrate a similar, pragmatic approach.
Why are we languishing around £5.20 when Shell is around all-time high’s? We should be near £6, if we had had competent leadership.
A lot of the recent press speculation, re a potential takeover, has cited, what we’ve all been continuously discussing on this board, BP’s relative lowly valuation when compared to its peers
On a purely P/E basis, we’re at least 30% below where Shell are and up to 75% below the US majors
In terms of “intrinsic value” or DCF, it’s the latter, c75%
Again, not pumping or exaggerating, but these are the objective facts, as things stand
Hopefully, a new CEO will reset the company strategy and we can close the gap vs. Our peers in terms of valuations or, someone else will feel they’re better placed to extract that value
Either way, I’m hoping for/anticipating a strong Q4/2024
With speculation about a possible takeover mounting, what do we believe would be a realistic value for BP, in terms of SP?
Surely, given the gap in terms of our underperformance vs. Shell for instance, we’d be looking at something towards double the current mcap/SP?
Absolutely not ramping at all but, having been an investor in BP for three years now, I do feel something could happen in the coming months
A new CEO, who refocuses the business on O&G, could change the landscape however, if we’re able to see a swift positive market reaction
Apologies, I have been somewhat busy in recent months and am wondering why BP is down about twice as much as a %, vs. Shell, since a robust start in Q1.
I saw Net Debt had increased by $2.5bn but with the Oil Price remaining in the 80’s, why is BP floundering?
Well, Barclays have been bullish re BP for quite some time and, imo, have been proven to be right
In terms of revising their PT, it’s just a revision to their previously correct prediction which has been achieved
There are 1 or 2 others who have been proven to be correct however, yes, the rest are reactive and not telling us much more than we already know
Well done to the analysts at Barclays
OMG, this guy is absolutely bonkers! By repeating again & again, & again about Exxon taking over BP doesn’t make it any more/less likely
It’s starting to come across as a slightly desperate, to say the least. The board should be for genuine, stimulating discussions, not just repeating one’s self to the point of coming across as insane
FYI I sold out today at £5.684, around 11am, in between calls, taking a chance (I know) that I could miss this “inevitable” takeover. I’ll be back in as soon as it drops or we take a leg up but it does feel good to have made 28% of my annual salary in 6 weeks, thanks to BP
Thank god for the filter button!
Seriously, why would any sane person not block Y11 as he/she is clearly not all there. It’s frustrating that, although I block his/her nutty musings, others engage with him/her, littering the chat with nonsensical, completely inconsistent, rubbish
Surely a re-test of the £4.89 resistance level this morning. I know it’s not an exact science but the last time Brent was at $86 (end Nov), BP was almost £5/$36. Anything could happen this afternoon when the US opens, £4.75 or £5