Member Info for LeeRex

HI MerMillions, to be fair, if you look at the charts for their Peers, they all look very similar in regards to the drops seen across the whole sector.

I'm really hoping that increases in SP's is soon, otherwise drops in Divi's are inevitable..

Hi Accipiter, agree with the sentiment, but facts are facts no matter who gives them.

CHY-NAA, are light years ahead of the Energy transition and generation. A real Powerhouse and creating a Global dependance from other Nations where high energy costs are killing the Economies.

And the West is losing, miserably. The scale of China's vision for the future, is leaving us all for dust.

https://www.bbc.co.uk/news/resources/idt-8d2b6944-4f7a-45b4-96fd-2d92499ff97d

Is BP making the wrong move with backtracking from the Green initiative ?

Maybe we'll regret the short term "drill baby drill" mentality, when everything is controlled by CHY-NAAA

https://www.bbc.co.uk/news/resources/idt-8d2b6944-4f7a-45b4-96fd-2d92499ff97d

Interesting news..

First Oil group in Russia, bankrupt..

IMO, more Russian problems to be seen very soon.

Explosions in Iran.

USA equipment building up in the Middle East / Med.

Could be very interesting for POO very soon.

Playingcards,

Take your crap somewhere else. Preferably not on any investing forums

Free my life from Palestine! Sick of it

HI Autumn,

how much did you pay for that from bullionbypost ? ?

They have no stock on their website

Good shout Hardup, I missed that connection actually..

Surely all these Political Policy flip-flops are so damaging for growth in businesses, but also in countries economies themselves..

You can bet your bottom dollar, that it will be reveresed again once a greener POTUS get's back into power. It's also a case of the British Politics as well, from Left to possible right, the polices are so vast that enormous amounts of money are spent on policies and direction of travel for legislation, but then back tracked by the next leadership 4 / 5 years on..

Madness IMO. Stability seems to be impossible in a Democracy..

SO be it Oil, or be it Green Energy, maybe we can no longer invest our money on ethics or merits of an individual business and concentrate more on Investing (gambling), our money on the way political leaders decide our policies.

I'm now flip-flopping myself if to double up here, or wait and see if Oil takes a dive. Although I also have my eye on Kraft Heinz atm which looks quite atractive.

I'll try and sit on my hands for a bit longer hoping Gold takes a retrace to around €3'600 or Silver at $55 and I'll buy myself some Brittania's..

I have not read the full report as just starting work, but interesting theory regarding the shift away from Green could be short-termism and possibly come to bite them back in the future...

We invest Billions, sell it on the cheap, then behind the curve in 10 - 20 years time. Is that good business, or Flip-Flop decision making by too many bosses. Sounds like British Politics to be fair

https://www.rechargenews.com/energy-transition/bp-has-lost-its-way-but-totalenergies-knows-green-gold-when-it-sees-it/2-1-1785921?zephr_sso_ott=krGIjx

What an I credibility unpleasant individual.

What ever kick you receive from gleefully laughing at others misfortune, tells a better story than those that invested in a current stalled company.

The recent additional dip can only be the USA waking up I think, as I can't see any news on Iran talks..

IMO, Iran is the current catalyst to impact immediate POO, the rest is just Market movements and MM's making a Market

Harmonica,

you may have seen my posts over the years, I've always been in Favour of allocating a pot of money every quarter / yearly for Buybacks, but only when it dips below £4.50. Anything over £4.50, it's halted and waiting.

I also still stand by my opinion, that BuyBacks are a Bonus, but the Divi is the Holy Grail for it's investors for a business like BP.

My opinions only, but I'm just a simpleton.

I've always preferred this source / site for Dividend info

https://www.dividendmax.com/united-kingdom/london-stock-exchange/oil-and-gas-producers/bp-plc/dividends

Hi Clued,

the Buyback is nothing but a luxury bonus, the Divi is absolutely expected IMO..

Any cutting of the Divi, would send the SP severly downwards IMO, so it's the smart move in the current situation.

3/4 of a Billion Shares held in Treasury still...

It seems the Market is certainly unimpressed with the RNS..

I've said for Years that Buybacks over £4.50 was a poor investment for Shareholders.

It's amazing that BP Share price languishes between £3.70 - £6.00 ISH and fluctuates between this, so you can make good Margins on the SP up’s and Down's if you are very patient..

The other thing I'd like to point out, is that with Inflation running rife for past few years, if it wasn't for the Divi, long term holders would be severely under water with their investment in real terms.

IMO, I would have put a term in the RNS, that a pot of money is held on the side, for IF / WHEN / MAYBE SP pushes under £4.00, then Buyback is able to resume to soak up as many as possible....

That, IMO, is cracking value for money for Shareholders and long-term stability for the company for the now and for future.

Any news on the plan for the shares in Treasury ?

TelAvivTom,

I have thought the same for ages, never said anything, but it is amazing how the Money Tree's just keeps blooming for some..

Hi Sen,

Similar situation to you, was on my watch list for a long time and eventually became too interesting to ignore.

So my plans are to normally take a few into my play account ( Trading 212 ), while I’m researching and getting a gut feeling for the share or sector. I DCA into that till I’m happy with a bigger purchase.

I purchased just over £1000 worth into my long term ISA for NESF & £2500 worth of UKW. I may double up on both of those soon, although I’m trying to keep some cash on the side ready for others if a big dip or mini crash does hit in the months to come.

Next few weeks I’ll have just over £5k to decide what to do with, and NESF or UKW looks like decent places to put that into considering the Divi.

Although if 1 of the Insurers or OIL CO’s does have a big Dip, that’s where it’ll more than likely go instead as I have a little more confidence in those sectors.

As you see I’m not as much of a high flyer than some of the big Gun investors, but maybe just as valued opinions as it’s all relative.

Good luck in your decisions.

Could well have been a smart move there 88, I should have considered putting a sell order in for same level around 52 week high, but work was manic and no time to check / monitor.

It seems to me that the build up of Trumps Beautiful Amarda is not just his usual TACO this time. So maybe sitting on my hands might be the best of actions this time round.

I’ve missed the Gold & Silver mayhem, I don’t want to miss out on another possible sector wave.

I started with AJ Bell and never had problems at all in all my years.

£5 dealing charges