Member Info for mojo7865

Wouldn't advise anyone taking that sort of hit you could end up losing more trying to make it up else where. Unless you see value in another share and are expecting a significant near term rise somewhere else sit tight. I've actually done the strategy you mention with another holding simply because I couldn't see it returning to the value I bought at near term and I didn't want to wait 3 years just to see if it would go there. At the moment there's no share that stands out in my opinion today is a a sea of red more of a buying opportunity but where really? that's the question you should ask yourself.

Woodside deal at 15 billion would equate to about 3 dollars a share to us.

15 billion / 5 billion shares

around £2-£2.15 for every share you hold. Not sure how I feel about this because reading FT it says we'd be forced to sell anyway which I'm fine with but rather receive the cash in the first place.

In any case I think there is a 5-6p trade here unless the dow gets hammered upon the open which is looking likely 297 and 290 entry points also look good from a TA perspective.

Whoops sorry my mistake yes you are right I meant quad witching lol isn't till next month. Apologies.

Good buy in point today for a quick trade before Friday not triple witching by the way just a standard options expiry sept is the next triple. Would of bought this morning but going with bhp due to results tomorrow expecting a big divi bump up on that one.

https://www.ft.com/content/52c74f23-8bfc-44ac-bae8-663b369bd186

Sse had the same issue last in their last quarter results.

Wasn’t ex div 270p which means this drop is over done.

I thought the divi was 270p this has fallen almost double ? A buy at this level of drop.

Observed the sp today tempted to buy at 303 but wanted to wait and see if it slipped up to 3 on the dot as the market was dead prior to 3pm missed out. Not buying into the rise atm don’t believe in it inflation report tomorrow will set the pace or a post divi drop will create a buying op. Next week is another options expiry too so plenty if time to take a position however it’s a short term one for me take profits as you see them approach.

The report is pretty much stop now or deal with the consequences. Biggest problem with a lot of it is the consumption of most the worlds polluting commodities are the largest economies China/Asia/India and with majority of the population reliant on coal/oil turning this ship is like when the titanic tried to avoid the ice berg. None of those major economies can afford to really wean themselves off those commodities as it's the cheapest solution for a population where the vast majority live in poverty.

Boris is a two face saying coal usage needs to stop when the gov allowed a new coal mine to be built in Cumbria these politicians love to have their cake and eat it.

https://www.reuters.com/business/environment/reactions-landmark-un-climate-science-report-2021-08-09/?taid=6111015843b80f0001199719&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

Watch out for the report this Monday

https://www.bbc.co.uk/news/science-environment-58102953

I did say it’s possible not saying it’s for definite lol not everyone bought at 5 quid. I know a guy who bought during gom and still has the share as passive income as he is a barrister he doesn’t have time to trade.

It’s quite possible he’s a holder when gom happened didnt the sp hit 320s if so he’s not in too bad a shape and the divis over those 10 years would put him in the green. That’s the only way I can see any logic in the capital gains statement other wise if he’s a upper 4-5 quid holder that statement is ridiculous.

More likely 46 days at the current pace with the buy backs ending towards the end of Sept.

https://www.cnbc.com/2021/08/06/jobs-report-july-.html Question is now how do the markets decide to interpret this rising inflation risk of a rate hike sooner etc ?

Markets won’t be making any moves today until job numbers are revealed. A lot of mixed messages as to what the numbers will do atm.

Subject title sums it up really BP trying too hard to play both sides having their cake and eating it springs to mind. Exxon and Chevron sticking to their guns so far has paid off even in the face of activist investors trying to steer the ship in a different direction. Bp approach is too fast and radical for the market and has the associated risks priced in at this level. Anyway looks like the markets are having a better day today. I'm keen to see how job data tomorrow plays out I'm expecting a shed load of volatility from tomorrow. GL

No doubt they will be but in what quantities. Also the problem is like the guy stated bp is trying to change and isn’t being rewarded by changing. If they are going to reduce production by 40% over 10 years and maintain great returns it’s seemingly a leap of faith one has to wonder if they stuck to what they are good at I.e oil and Chems would the sp be where it is today.The wind farm business and competition is already quite mature so bp would be the new kid on the block trying to sway investors their way.

Cheers Mark!