Member Info for longtimeinvestor

BIG
Price of a single share in Berkshire Hathaway now 536,440 dollars.

BIG
So NOTHING to do with the level of dividend

BIG
if you prefer - I hold BP at an average of about 240p

BIG
''if they cut the divi altogether they would have even more to play with.How do you think that would play out?''

Berkshire Hathaway don't pay any dividends - how has that played out.

BIg
''You are defeating your own argument.BP ae making cash hand over fist but the sp refuses to climb.''

I am NOT defeating my own argument.
it is ultimately determined by profitability.
The market determines the valuation of a company on a daily basis.
If you believe that a companies profitability is not reflected in the share price, then that is the sort of company that you could consider to buy.

It is due to the level of profitability that I am not selling any BP shares at the current level.
btw I bought some of my BP at just under 200p

BIG
You and many other investors believe that a share price is determined by the level of a dividend. This is nonsense - it is ultimately determined by profitability. There are more ways to use profits than cash payments to shareholders.
IF you believe that a companies profitability is not reflected in the share price, then that is the sort of companies that you could consider to buy.

gav
just read - you now have free shares - I could have done the same but didn't sell a high enough percentage for that.

Gav
'' can certainly see the same drop happening to SSE''

if you or anyone else holds shares, there is a sell button

gav
''and it is not a surprise to me that the SP hasn't sustained above 400. ''

but nothing to do with a level of dividend. It has retreated due to the Russian investment.
Share price is about 50% higher since the dividend was cut.

Big
''just you pick the bits that suit you''

you asked what was untrue - i had to say for a second time - now again
'''BP halved the divi and slaughtered the sp which has stayed there''
UNTRUE

'''Why did you top slice today?,you must think it has run it,s course''

Why would I think that - if that was the case I would have sold 100%.
I don't have a crystal ball. Did you not read - top slice after having bought much lower.

'' I see no reason for the price to rise at all.''
Well it HAS - about £1.50p since future dividend cut was announced

NC
New name, same posts - new audience.
Also you should already know a rough age of Suf.

Is your average still about 60p?

BIG
You have a sell button

BIG
''''BP halved the divi and slaughtered the sp which has stayed there''

UNTRUE

Big
'' I see no reason for the price to rise at all.''

Well it HAS - about £1.50p since future dividend cut was announced

some at just under 1754p - top slice after having bought much lower - still hold lots.

Big
''BP halved the divi and slaughtered the sp which has stayed there''

Could you not make posts that are untrue.
we had a pandemic - oil went below Zero -oils were make Billions in losses.
BP share price as a result drastically dropped in price to below 200p at a time of lower dividend.
BP now at about 375p - WAY ABOVE THE PRICE AS AT THE TIME OF THE DIVIDEND CUT.

To cripple the Russian economy,and therefore put suffering onto the Russian population.

r1234
The reduction in dividends in 2024/5 is so that more money can be invested.
Also SSE currently has debt of about £9 Billion.
Since the announcement the share price has been increasing.

''number of shares''
number of years

NC
'' <25 years to re-coup that invested cash''

o good jumping onto the nonsense bandwagon.
Also as you should know, about 2.8p per share is being returned to shareholders. You can 're-coup' that value that will be held within the share price if you are in need of funds by selling some shares.