Member Info for Marcus_

Why do chief execs make these looney statements..

They should learn when to shut up and just give the facts not these stupid statements that can result in public backlashes.

If course people will object to huge profits as they pay more. They won't both with the technicalities of who is providing energy to whom.

Just make the profit and say nowt.

Or better still lower your profits by paying off debt.

Thanks very much BP.

Live on HL, although no intention to sell.

Making some decent money off shell shares this year.

There you go.

I probably missed the bit about 'fixed' debt and just read it as debt

BT are also up today (I hold both).

I was reading about stocks to hold for higher interest rates and inflation.

Financial institutions and pension companies were on the list, but in addition so were companies with higher debt, which I thought was bizzare.

So could this just be about the wider market reaction to high inflation

Moving stocks:

I have done this before from IG to HL.
The fees can make it a bit annoying so my approach as to move piece meal over a few months.
I opened the ISA with HL and then as my money built in HL once I had enough to match the stock I held in IG I would sell IG and buy the same in the HL ISA at the same time, minimizing any losses or gains in SP movements.

This is only worth doing if the fees for transferring the stock are more than buying & selling.
Or I think in my case because the stock with IG was outside an ISA I could not transfer shares into an ISA, so I had to buy and sell anyway.

Once I did that the cash in IG I transferred out as per usual and then moved it into HL to buy the next stock.
This only working if your holdings are below the ISA level as clearly there is a cap on how much you can put in and ISA each year.

I guess it all depends on why you buy a share.

This was mainly an income share for me so any capital gains are a bonus. Only been holding this about a year so I have made a little on the capital but I'm only expecting 6-7% gains on this from the income each year.

It's hard when you see other shares SP flying up but hindsight is amazing and your odds of buying a high flying capital gains share are lower than buying a share that will fall dramatically. There are more losers than winners in this game.

So having a few steady eddies that you can rely on to generate good income are essential.
For me I have a date in mind when I want to sell up my shares and move into safer income, when I get close to that date I will have a few years either side where I can keep holding my income shares or if they are on a good run , sell and take any capital gains.

So its more important about what will you do with the cash if you sell, rather than I am bored and not excited by the lack of capital growth.

Assuming this stays steady then in 10 years I will have 60% more cash than I started with just from income alone, that is the prize. Trying to time buying and selling to get a 20% shift in a few weeks or months is more for the gamblers and pros.

I don't have the time or expertise to get those results on a consistent level.

I just wish I had the foresight to see this coming as you could on Monday and buy back today for a discount.

Only a 5% swing but still 5% over 2 days is a decent return if you can day trade. I can't and tend to get the calls wrong more than right.

I agree it's hardly a huge deal.

If you collected £100k in dividends you would need to pay £1250 in tax.

If you are getting that much in dividends you are loaded.

They reversed it because it did work. The birth rate fell. This is good on a global basis but for an individual country it is a negative as all growth and social economics is based on never ending population growth.

https://www.bbc.co.uk/news/world-asia-china-57303592

I think globally birth rates are also starting to turn, but whether it will be enough or soon enough is the big question.

EV will be a thing but not sure that oil companies can make a lot of money from it. Once sales of new petrol vehicles are banned the move to EV will be fairly swift, but it could still take another 10 years for it to start to become difficult to find a place to refuel on petrol.

Not sure fuel cells will work in private cars but certainly a role for them in trains and buses.

But we must remember that this is UK only. Worldwide the switch will take even longer and the move to unleaded petrol would not be a bad guide to use.

Even with zero petrol sales worldwide, oil will still have a market as it is used in so many products its not like we can ween ourselves off it totally in 10 years.

Then as others have said there is a question about how long lasting is the current green technology, but then the same can be said for fossil fuels as they are also finite.

In the end population control is the only true green strategy and I don't see this happening as countries would rather go to war over limited resources than Co ordinate a world wide population control measure.

42% that's a fair time to hold national grid.
Must be close to a 10 year hold, something for us all to learn there.

I don't think there are any solid foundations to talk of a take over.

Simply people looking at what has happened to a similar company and then wishing the same here.

Can't blame them as who would not want to make a fast buck. But lots of random numbers being thrown about with no basis.

Well I'm guessing that most investors are fairly happy with progress here given the lack of chat.

I think the temptation is always to sell at these prices. However, I don't see many opportunities out there for low priced assets. Commodity stocks outside of oil seem fairly high.

Still room for further capital growth but I would not be expecting huge returns on capital at these levels but still worth it for a long term income stock.

Well I'm guessing that most investors are fairly happy with progress here given the lack of chat.

I think the temptation is always to sell at these prices. However, I don't see many opportunities out there for low priced assets. Commodity stocks outside of oil seem fairly high.

Still room for further capital growth but I would not be expecting huge returns on capital at these levels but still worth it for a long term income stock.

I do wonder about 0 commission platforms. They have to make money somewhere, I guess the issue would be around how wide is that spread and what is the delay on trades?

For a smallish investor it won't matter too much unless we are talking about significant spreads and delays close to hours rather than minutes.

If you are trading large sums over small time periods then the spread and the delay becomes more significant.

Steady away here I see.

It's all about having a balanced portfolio and a steady 5% a year with little change in the capital is just fine by me.
It balances out my more risky investments which whilst currently up have been known to leave me with a dent in my savings.

I always work on the assumption now that the big money has been made aware of any potential news that impacts shares we'll before we get wind of it.

Selling into a rise means the dip was less for the big investors.

I think over 400 would be too much. This feels like it is either being played with or is going through some kind of price discovery, which is strange given where the business is in terms of financial reporting.

To be fair I was expecting a pull back from 460 as it just seemed too rapid a climb for the material changes in the business.

But equally this fall was just as unexpected.

Slightly gutted but that is the world of shares for you.

I think you have missed out on the recovery. The optimism was riding high a month ago but reality has hit and even though the UK is back up and running.

Overseas it's not all plain sailing and this will impact travel firms bottom lines.