Member Info for Jakers

Hi Spights, speaking as a BL fan, even I think that's excessive under the circumstances, not least the way we investors were robbed of our dividend. By all means give him an incremental increase in line with the increase in div to investors, but 11.4m is out of order

J.S.B. ... please God I do hope not lol. Are we so influenced by USA economic data if that's what is causing todays drop.

Hi Neil 74 we do appear to have stagnated around 550/555 but we have made great strides forward recently. So 2nd May is Q1 results and div announcement date so hopefully we might see the elusive £6 then.

A very good morning Spights., very unhappy reading to start a new week!!! It seems there's turmoil everywhere in our world and now with China potentially becoming a lethal weapons supplier to Russia things may escalate out of hand very quickly. North Korea and 'rocketman' are becoming another concern. Why can't everyone give peace a chance. Have a happy day

Hi Meoryou,
It's difficult to see any takeover of BP coming to fruition anytime soon. If we were not a target when out share price was near £2 why would we be more attractive at 7, 8, 9, or 10. Makes no sense to me.
Mr Rooney seems to have come under fire on the board over the past few days and I have to say I fundamentaly disagree that he isn't doing a good job. We seem to have lost sight of the immense pressure he was under to transform BP into a renewables business from all quartets, including the green brigade., the government., institutional investors, and the general public outcry. He didn't have an option and took decisions that in hindsight havnt all been hugely successful, but when I read posts on here by some advocating that their strategy would propel the share price to £10 frankly its just listening to ducks farting on yonder pond. For my money he has been a superb CEO and reduced our debt mountain hugely during his tenure which Bob Dudley didn't manage to do although he was paid massively more than Bernard Looney.
I now wish he would put the dividend back to where it wad and suspend or reduce the amount of buybacks, and concentrate on further debt reduction while the sun is shining.

Hi Chid, my recollection of the events is that HM Government was becoming extremely anxious and concerned as the massive extent of the liabilities BP were facing became clear, as there was some question as to whether BP could actually survive as a profitable company. The Government's primary concern was based on the fact that a huge number of British subjects pensions were dependent on BP and the financial implications of failure would've been huge for Britain and potentially destabilise our economy.
David Cameron intervened with President Obama and our government submitted an 'amici brief' to the US in support of BP. I do not think any financial support was offered or given.

Blimey, just maybe some of the green brigade has functioning brain cells after all. Refreshingly unbiased report from BBC for a change. Perhaps finally there is the inevitable acceptance that this world actually needs oil and gas to function,cand will do for another 59 years. Happy Sunday all

Good morning Meoryou and everyone., I believe you are absolutely spot on, no doubt in my mind these are the drivers

Has anyone seen Y-11 the prophet of doom

£5.54

Happy, A year is a very long time in this business.
Perhaps we could impose on Spights generosity yet again to hold a competition to predict the share price at end of q1 Spights??

Good morning Happy,
Your post took courage and makes uncomfortable reading in parts. UK and NATO countries seem more preoccupied with the worry that Putin will turn his aggression towards them when taking decisions about supplying arms to Ukraine. We see this especially on the issue of whether to provide aircraft which everyone can see faces great reluctance generally, with the exception of Poland. One gets the impress that all nations are doing the bare minimum to be seen to support Ukraine but not crossing the line that might lead to Russia : Nato war which I can imagine Ukraine would be happy to see happening.
Unless diplomacy can prevail, and as things stand that doesn't seem very likely then this will drag on for a very long time with a great deal more misery for Ukraine

Good morning Meoryou and everyone.
It's been an extraordinary week for BP with share price rising far in excess of my expectations, and despite this mornings sluggish start I believe there is more to come.

Sorry Hatmonica I stuffed up and responded to wrong poster

Hi Grandadtom, my take is the fact that we have backed off the mad rush to renewable and concentrating on what we are good at and what is very profitable.
Another strong close today and 550 and beyond is really a strong prospect tomorrow.

Good morning Spights and everyone there's a happy air of spring on the board daffs are out, snowdrops in bloom what can go wrong lol. Yep £5.50 by weekend.

Hi Spights, thanks for your kind offer but I based my figure on a 20% uplift on the sp a couple of weeks back and events over results day and today have altered that considerably . However in the interest of fair play I will stick with my prediction

Sorry should read Fird #

Find, The Stirling amount has not been advised yet but in usd its $ .0661 so roughly 5.5pence depending on exchange rates prevalent on three qualifying days prior to sterling announcement. The actual payment date is 31st March. Hope that helps

Wonderful to see President Zelenski in UK and addressing our Parliament this afternoon. What is less Wonderful however is watching Starmer trying to portray a statesman at PMQ's, almost sickening to witness his attempt to demonstrate his suitability to be a leader of this country. What a guy President Zelenski really is. May God grant him every success