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OP has dropped nearly 5% since Monday, the SP of the oilies moves in tandem almost, just follows it up or down in a real time situation. Individual SP's move independently on company news alongside this OP movement impetus.
I'm surprised BP hasn't dropped more in line with OP which tells me that despite the drop in oil BP has risen in real terms and will bounce back strongly when the OP turns back north.
57 really.
I sold my business in 2003 at the age of 39 and haven't got my hands dirty since.
And if you think your secret is averaging down, well I hate to tell you this but other people do that too.
Mind blown eh !
So you can stick your sweeping statements, huge assumptions and patronising in your portfolio.
"It's not an assumption Jezzoo, those were your words. Your investments are not good."
What words were they then ? I didn't mention any.
And my investments are not good ?
Pray tell what they are then .
Because for the last 3 years 90% of my porfolio has been BP, Shell. I3E and other oilies, all up over 100% over that period and trading the large swings over the last 18 months has doubled that. Fossil fuels have been good for me unlike your renewable fund.
"Jeezoo one of the reasons you are really not good at investing is you don't understand how the world works. "
That's a big assumption Quady but I'm not surprised, after all you do know EVERYTHING about EVERYBODY.
As I said, it's such a good investment that if you put £100 in 12 months ago, including the dividend you would have £80 in your bin. The future is not ours to know, not even you.
Andrew4444
"My concern is that we get 3p for BR but if we had waited another 12 to 18 months it would have been double that."
What am I missing here ?
If 1p is an M/cap of 8.56m, £150m would be 17.5p wouldn't it ?
That's 2/3 of a house for me. personally I'd vote yes.