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Stays below 1000 for 3 months from the date of dropping below that value? If yes, then OK and I will pay £10 to a charity of my choice (probably diabetic related) and trust you'll do something simar if I have guessed well at a value of 2200 in the next 18 months. Hope you had a good Christmas.
Irene, I don't disagree with you that it's a fairly risky stock (think we're both old enough to remember the dot com bubble, but then again many solid companies remain...) , I just thought you were a bit OTT in your style of commenting on it and getting your point over. Rather it's a probability issue, for example I'd hypothesise that the price might just plod along or slump back or on the other hand they may just get bought out a la Red Hat for a substantial premium. Really it's just an educated guess (punt) with a fair bit of risk. I'll guess (and it is a wildcat guess) bought out for £22 a share within 18 months. No point getting too stressed about it. Happy Christmas.
It was far from "random", it was deliberately picked to be short term in line with macro economic trends to substantiate a POV. Anyway, like I said, Merry Christmas.
Irene, did you have to Google who those people are though? What was that Warren Buffet said about patience? I'll leave you to look that up as well.
Irene, do you know Phil Collins?, just asking as you seem like the inspiration for "That's all" (say that it's black when I know that it's white... ".). You knew what I meant i. e. you unilaterally picked a short term date, hailed victory at your apparent genius then mocked someone. I was going to ask how you're getting on building your software empire, with you being a modern day equivalent of Donald Knuth combined with Frederick Brooks and Ed Yourdon, but it's Christmas and I can't be bothered (think we all know the answer though...). Merry Xmas to you.
DC/aduk, just checked out the names on the energy voice article on Spark and there's definitely a theme in addition to screwball, buzz, Bader, ginger: Paddy - https://en.m.wikipedia.org/wiki/Paddy_Finucane Marmaduke - https://en.m.wikipedia.org/wiki/Pat_Pattle Cherry/Vale - https://en.m.wikipedia.org/wiki/William_Vale
Divecentre, seems to fit. Old chap who lived next to us when I was a kid gave me a book "Battle stories of the RAF" (still got it) and the name stuck, probably because Beurling's story was so rip roaring with a certain disrespect for convention.
https://en.m.wikipedia.org/wiki/George_Beurling https://en.m.wikipedia.org/wiki/James_Harry_Lacey Just a thought.
Irene, don't think I got it wrong, was simply saying picking a short term date like Xmas or end of year in a troubled world (brexit, trump, Chimerica, Iran, etc.) then using it to imply that the stock is fundamentaly poor is a bit disingenuous.
It's a bit rich to cherry pick stats when there's a general economic downtrend worldwide (about a 1000 points off the FT100 in the last few months). Could change quickly - look at Red Hat being bought by IBM for £27 billion? (Oracle's purchase of Sun, IBM's purchase of i2 Ltd, Microsoft and Revolution Analytics, etc...)
Isn't there a "screwball" as well, which one the pilot theme may be a reference to George Beurling?
AWS is a software business, as are a whole host of others. Anyway, will see how it goes.
Irene, Apologies if I offended (was just joking). Comparison to Amazon was to point out that initially some enterprises post a loss until established. Don't think they're just a bookseller anymore -
https://www.theguardian.com/technology/2018/jul/26/amazon-profit-second-quarter-2018-advertising-cloud
"Brian Olsavsky, the company’s chief financial officer, attributed the quarter’s success to accelerating growth in Amazon’s “most profitable areas”, particularly the cloud-computing division, Amazon Web Services (AWS)."
"The company drew $1.64bn in operating income off $6.1bn in AWS revenues, compared to $1.83bn in operating income off $32.1bn in North American net sales."
But that's an aside, will have to agree to disagree regarding BP (market cap over £1Billion (and the value of something is what someone is willing to pay)) - There's risk in this for sure, but we'll see how it goes in the long run.
Serious questions:
Are you a Chartered Engineer?
How many years experience do you have?
Which University did you attend?
Amazon was loss making for a while - hit 1 Trillion USD recently I think (not that I'm saying BP will go that big). I look forward to "KrappSoft" when you enter the market with your product. Might have a fair wait.
IreneKrapp, It's market cap is still over £1 Billion - perhaps they should just pack in an use the bundled MS product? Yes, there's competitors (perhaps that shows there's a market?) - check the partner list - https://www.blueprism.com/partners - perhaps they're just wasting their time...
IreneKrapp, just think you could be sitting on a goldmine. What's BPs market cap at the minute?
Just a thought. As it's only half an hours work and you're in the business, why don't you replicate a similar product and sell it cheaper for competitive advantage? A bit like when compaq cloned the IBM PC Bios.
Why is BP up there in the Gartner reports etc if it can be knocked up in 30 minutes? I suspect because it's a bit more than that, plus surely there's a fair bit of due diligence from the major investors?
Still ~ £22 which is a fair increase on 6, 12, 24 etc. months ago. Gut feel from 23 years in IT, is that they'll get bought out by some giant like Oracle/SAP/IBM/etc.