Member Info for mojo7865

https://www.telegraph.co.uk/business/2021/08/03/bp-should-give-green-dreams/ interested to know the summary of it.

Cheers mark.

Another reliable share hurt by inflation state side.

https://www.reuters.com/business/retail-consumer/kraft-heinz-beats-sales-estimates-higher-snack-packaged-meals-demand-2021-08-04/

Don’t know what to deem defensive at the mo look at what happened to ulvr and rekitt their margins are being hurt by inflation at the moment.

SSe is quite good as a inflation hedge but U.K. utilities have one big problem and that’s the gov and their want and need to regulate things. Centrica was similar in that regard they destroyed that company.

Prob the safest bet is to sit out for the mo a lot of hedges will sell off losing positions in the coming weeks to balance the books. I keep reading a lot of them are holding cash back because they’re expecting a drop. I think the Dow struggling to go beyond 35k is a sign I could be wrong but it looks like it’s ran out of juice and with earning season almost don’t really what’s left to drive prices up. Think a lot of people underestimating the sp in a lot of shares being the top end for a long time. All in all uk markets really don’t have the clout anymore when you have companies stateside making massive gains so quickly the allure is too strong to bother too much with UK plc unfortunately.

Yes only short term relief atm Mark I’m a bit concerned with the market especially the American tbh they’ve been quite frothy for long and a lot of analysts expecting from now to early sept for a 10% or more correction. We may of had a bit of a taste of it in July but worse could be to come. It’s annoying cause my nerves are getting the best of me other day I piled into sse after the divi payment as it had fallen quite a bit but then I got really nervous with the markets and sold at a small loss. Look where it went today lol. Did the same with beeps yesterday and sold out for a tiny profit instead of waiting but I feel the market will turn bad in the coming weeks. If the correction does happen I expect prices we haven’t seen on the ftse for a long while. It’s a bit sad cause our markets are dictated by Americans but doesn’t actually go up with theirs so when they drop they take us further down.

This could be headed back there failed to break the 50ma again which is dropping as each day passes. Poo on the slide with the Dow. Buybacks may lend some support to cull the drop but I think it looks as though this may end up back down through the month. Job data is the key factor friday.

50ma right on the cusp of being broken into again if bp can do that should start an upward momentum

Totally agree compound what I do worry about is the quality of the assets the chem business sale to me was a big error. Buybacks is also a point of contention for me both in RDSB and BP when they are transitioning 2 and 1.4Billion every quarter can go a long way in the transition and acquiring quality. I can't see the benefit in buying back the shares that really only supports the price short term. Whilst the share price is up from the lows it's still a way off 2020 summer when the company was in a worse state RDSB too. It just doesn't add up in my mind what the market sees but sp wise they must have a good reason to keep the sp in both where they are.

Granted we saw one of the worse disasters financially and economically and recoveries do take time I'm still astonished where the sp is considering a lot of other companies are practically recovered or only 20% off their pre covid prices when it comes to the ftse.

Welcome to the world of wokism and sandal/sock wearing investors lol. I don't know if BP and Shell can change their public image we have a good few generations who associate the brands with negative ideology. The gov also knows this and going forward the votes of those younger woke gen will begin to outweigh the previous gen.

Anyway do watch out for the job report this friday I have a feeling the market is going to play that both ways. Good numbers oh no! inflation.

Bad numbers yikes the economy is stalling.

It's a fair point compound but we all have our investment strats I rely on Longer term liabilities. Look at it this way assets can appreciate offsetting debt however they can depreciate rapidly too as 2020 taught us. The way I see things on BP is they are offloading certain assets to move into an unproven market however their hand is forced to sell these assets because of company image. Take the poor sale of chems business. I think it was happy that pointed out Exxon made a killig from their chem business this qaurter. The strategy of the company is going to either reward the brave or turn the company into a minnow. Like much things in life it's a 50/50 shot you're investing in potential now instead of an oil company you are looking at a company transitioning to a utilities company in which there are already bigger established players.

Happy I don't know but i've always gone by non current as a measurement of the whole picture not current liabilities. LSE does all the working out for you balance sheet wise advfn also offers the same service. The debt I'm on about encompasses the whole business pensions bonds etc.

https://www.shell.com/investors/debt-information/outstanding-bonds.html

Bond info there.

Not sure what you mean?

https://www.investopedia.com/terms/n/noncurrent-liabilities.asp

It's basically the longer term bonds etc look up how much bonds shell has there's a link on their website I don't think bond holders give away money for free?

I'm really not sure Mark they are getting into the utilities business which is highly regulated electric competition will be tough. Once you have governments interfering with Utilities businesses it always affects the bottom line. There is for sure short term gain I see here but sentiment hasn't changed on BP. This is going to be a captain hindsight situation in relation to the transition. I think competition will make margins difficult.

It's long term debt

https://www.londonstockexchange.com/stock/BP./bp-plc/fundamentals

https://www.londonstockexchange.com/stock/RDSB/royal-dutch-shell-plc/fundamentals

It's under the balance sheet sections

Non current liabilities.

BP

Net Debt 110,426.01 m
Gross Gearing 68.03 %

RDSB

Net Debt 138,165.09 m
Gross Gearing 58.20 %

Figures doesn't take account q2 results but I think RDSB debt reduction has been far superior overall. I think the market is accounting for longer term liabilities and bp 10 year plan into the transition is still unknown hence the muted reaction.

Lol few mins too early but kind of expected a muted reaction tbh perhaps I should of waited at least till 3:30. Anyway watching out for USA July job data Friday if that’s positive I’ve been reading it’s going to have negative implications due to inflation.

Pretty much dead sold out looking towards job data for Friday. Gl.

Oil slipped quite significantly the day before the results.

Looking at eni price from friday not much of a rise in the face of returning divi to previous levels.

Bp needs about a 10% rise from these levels if not more to be in line with RDSB rise post results a tall order. Tomorrow will make for exciting reading.

They are also lagging behind our friends in the eu like Total. however total is probably only ahead by 10-15% and they didn't cut dividends so not remarkably evident that sustaining divi would have helped if anything i think debt would be worse now.