Member Info for mojo7865

Excellent rise in poo interested to see if the yanks will bite on these shares cause it doesn’t seem like Europe wants them.

Stop using cars stop car ownership stop travel industry. End animal farming and force everyone to eat plant based products. The problem? It’s a facist way of doing things. What’s a better solution charge carbon tax oh no but poorer family’s will struggle to turn on the heating. There are no easy solutions here to protect the environment it starts with an equal and fairer society in that we level down everything for everyone. You can’t have your cake and eat it we consume unnecessarily and that doesn’t go for food only it’s fashion, tech you name it. Biggest issue is you have a population growing beyond the 8billion and an unequal distribution of wealth and resources but, who amongst us are going to come down from their ivory tower and give up our luxuries to improve things. The climate lectures from those wealthy individuals goes in one ear and out the other to me because their single focus is around a single area of carbon and doesn’t address the problem in it’s entirety. You can go after one industry but ignore others then pay yourselves on the back. Rant over.

Looks like a dead Tuesday more like hopefully the yanks take this up but with Brent at $70 unless the markets holding this down for an iceberg order it doesn’t look great.

If you believe sp has nothing to do with divi yield you’ve obviously not done any due diligence. Check any other ftse 100 company compare the yield and the price per penny of course there needs to be profit to distribute the dividend but, why did the company borrow money in the past to pay a dividend ? It was to maintain a yield. A lower share price meant they could cut the dividend and make it palatable as they could still say we have a yield of 5%. Every ftse has had to adjust divi look at Lloyds I was once getting a 5-6% annual yield 2 years ago. Now I’m getting a 1.2% yield assuming they pay out again this summer. Where as anyone who bought during the downturn of the yield of 3.5p was kept that would be over 10% when the price hit 23p.

If you don’t think sp and divi correlates it doesn’t make sense to say performance of the company matches dividend because sp reflects a better performing company. It’s all tied together and divi does have to rise when the share price rises significantly why? To maintain a yield for new investors and create an attractive investment for them.

Divi does have an impact to the sp but not in the way mentioned. Sp impacts what the divi is. Higher the price higher the divi will go in pennies that is so it matches a certain yield. Bp couldn't sustain a 10p divi per quarter that would of been 12-13% per annum at the current sp and people bought at 2 quid would of had a 20% yield per annum. You’ve also got to factor in divi cover. At the current number of shares in issue 20billion that’s 200 million quid they have to pay per penny on a divi so for bp to cover the old divi they’d need to generate profits of above 2 billion in consecutive quarters. Any sensible ceo would have cut the divi in the current crisis reinstating now or increasing is reckless in my opinion until bp can have a stable couple of quarters at least. The balance here is that roughly 800 million is going towards divi every quarter instead of 2billion if profits average about 2billion per quarter it gives us 1.2 billion to pay off debts and invest in renewables.

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https://www.cnbc.com/2021/05/29/us-expected-to-spend-billions-on-gas-over-memorial-day-weekend.html

Going back to a sustainable divi I can’t see any need for cuts total divi pay out per quarter is 840-900 million depending on gbp/usd. So as long as profits per consecutive quarter is above these levels divi is quite safe and sustainable.

Concur on Hal eagles statement past 6 months oil been at $60 and above by the end of q4 I expect total profit to be around $8-$10 assuming oil prices stay at these levels. Q2 will reveal around $3 billion profits if not more. Shell is profitable even if oil is at $40 2020 q4 had a profit of $1 billion whilst oil languished around high 30s low 40s.

https://www.cnbc.com/amp/2021/05/28/bitcoin-mine-discovered-by-uk-police-on-cannabis-farm-raid-.html Such a waste of energy and we’re the climate problem. Fossil fuels supply’s energy to heat homes and facilitate transport amongst other things. Greens need to look at consumer habits.

Opec meeting next week should add some spice

What a week to forget ?? it’s great that it’s bank hols now

You guys should get a nice chunk of change off that I’m thinking 3.20s will be long gone by week 3 June I’m expecting 3.44 on bp and around 16 on rdsb.

Think we’ve hit bottom of the support imo. 3.05 im expecting a strong bounce in tow June from here I don’t suspect below 3 will happen this time round too much support in this area.

Just to put it into perspective had Shell paid out 148p entire dividend of 2019 in 2020 the yield at 8 quid would of been around 20-25% such a dividend is unheard of in most shares.

On what basis for another dividend cut? oil isn't at $40 and lower anymore the dividend cut is a re adjustment based off where the price fell to. You can pay out what they were paying when the price fell to £8 the yield would have been too high for new investors who bought at that price (look at every UK bank dividend cut). Use some common sense please. I know it's amazing to be right but your gloating is extremely annoying mate. Whilst I agree prices of 20s seem like a long way off there's still some life in the old dog yet at least for the next 5 years.

Anyway don't want to attack your views but you need to chill.

Should have gone with the bhp trade lol but to be fair was still a quid off my 19.5 target miners seem to always bounce back oilers on the other hand feel like a slow death.

https://www.theedgemarkets.com/article/cheap-bets-us100-oil-vogue-traders-eye-bullish-summer

It would be similar to Unilever stance

Not only just the Netherlands likely shell will win when they take it to a higher court according to most articles.