Member Info for johncharles15

Could be someone has been given info of new report ,speed companies yesterday ,bookmakers .?

Seems to have gone well ,how do they place the shares so quickly ,they say it was significantly oversubscribed,imo this is very good news for shareholders as they were not new shares but the holding of major shareholder.

both doing well today

Bp. Moved first then Rdsb ,she'll fell back but bp more or less held its gains ,I took a small short near the top ,this could be a very interesting time a vulnerable company such as bp.

Forget oil going to $100 ,it's going to sail right pass $100 to €200 perhaps €220 /230 ,then it could fall to €140/180 range ,don't ask me how I know I just do ,timescale for this prodiction before mid 2018.

What I think we can be fairly certain is all major producing countries want a higher oil price than 40/50 $ ,but not too high that shale is back in a big way ,I feel sometime this year an agreement will be reached and oil will be over $60 and Bp over £4 .

Seems to me we are reaching the end game ,Saudi are playing for a higher oil price ,they really are going for the shale drillers ,the next six months will have a devastating impact on shale ,whilst many worry about the price by the end of the week ,Saudi are more interested in the end of the decade and beyond ,as they say the way to high oil prices is low oil prices ,but there is absolutely no doubt all major producers of oil want it higher than it is today the timeframe is the question.

see the Saudi trying to keep the pressure up,do they go for the ko punch for us shale ,or win on points ,it seems nobody gives you nothing and I'm sure the Saudis are not into free oil for the world,but they may not feel the job is not quite finished which could meen another 6 to 12 months of low oil,and bp struggling share price ,but one thing is for sure this is a temporary situation the question is how temporary.

Why are the A shares more expensive isn't it usually the other way round?

New offer 175 cash ,this was really on the cards ,as my feb 2nd post States ,for what it's worth imo Sbry should sit it out as the share price is still depressed ,should the price be in the mid 300's it's kinda true value the bid value is over £2,then the Sbry bid is a no brainier for the big holders of home ,Sbry Should not increase imo their bid is by far the winner.

Looks a good deal for Sbry ,I would expect the price (perhaps not immediately)to rise back to the 260 level,the problem may be they have left enough room for a counter bidder ,to move in.

Have Sbry said whether or not they will have a rights issue if they buy home group? I also see one of the shorters has reduced their short.

Just checked one of my accounts it's (the worse one)Rdsb -33+%bp.-25+%bg-18+%my other account the loses are less ,still all this is very getabackable if the oil price turns in our favour this side of the other side.

Just goes to show how quickly the oil price can move,but oil is different to say copper in most uses when it's gone it's gone ,a lot of recycling in metals must be impacting on that.yes if it's the cold weather then perhaps down again soon ,but oil is needed and it's got to be got and Saudi can't supply the whole world ,so sooner or later it will be at a price where a decent profit can be had for getting it.

I find the actions of those planning the Saudi oil strategy hard to understand why force oil prices down before selling their state owned company surely although they will get colossal amount but it will be a colossal amount Less than they would have got if they had thought through their policy ,kinda shot themselves in the feet.

I just got a notification four choices ,I don't want cash and I don't want a shares .so how do they calculate how many b shares I would get do they just convert the £3.83 into shares at a set price advice appreciated.

Imo and I'm nearly all with oil ,if we are near or somewhere near the bottom then 22 is no problem my average is lower but I'm not quite able to sit down and work it out.about 20 or so .Bg was an opertunist move as I calculated Bg.in average times to be at least£17 per share,also when oil turns it will turn.

Can't see these falling much further,surely not below 130p,as they must be near top of queue in the takeover stakes.

What you say does make some sense ,however from what I understand there is a lot of opposition to the deal ,and by regigging it ,it's felt may be the best way forward ,both shares are expected to rise on the new terms ,as at present the Bg. Price is below where a done deal would have it.

It is a better deal not for the guy in the street ,but the big holders will benefit in the future anyhow imo that's what's going to happen..