Member Info for Monaco

BLND is not really a safe hold though. It has lost money on almost all time bases. If you bought and held 30, 20 or 10 years ago, your investment is underwater. That is terrible performance. I have traded this fairly often for 20 years but it is not a safe hold. Yield of around 5% gross is ok.

It is not easy to become a citizen of the countries that own their energy and set their own policies. Chicken or egg? Maybe the way they protect nationality results in them retaining their energy. Anyway, it is not easy for people with no roots in those countries to show up, become a national to claim a share of the wealth or a position in the government.

"Trump is by far the biggest threat to the world order there has ever been."

Are you ok?

Yeah, dead cow sounds super promising

Just remember that Millibrain, his brother and their father are globalists and marxists. Do not expect any of the multi-passport holding Moribunds to put UK or its people first. We are but a temporary host.

BLND used to be a cracking investment, back when UK was reasonably successful, about 30 years ago.

Anyone interested in discussing BWO; strengths, weaknesses, opportunities or threats?

Anyone interested in discussing BWO; strengths, weaknesses, opportunities or threats?

"I don’t understand anyone buying today?"

I imagine some might be buying shares now that it's a going concern and with an eye to loading up in the rights issue.

Added a few more to the ISA for the dividend and growth potential

Nice to see a dividend in my account today, representing 1.9% of the current value.

@Maliketh, please check your sums. Surely you can't really believe that 1.5 is 0.03% of 48.

An example of why governments ought not to meddle in the market

@Weirdpal, my source is Yahoo Finance on my iphone.

@Theaky, no I'm not a shorter, just a very frustrated holder.

Some constructive discussion would be good. I'm hoping that some day bp will re-emerge with a clear strategy, access the stranded value in Russia and maybe even go back to using capital letters, although I know that recent boards have felt embarrassed and ashamed about the British and petroleum aspects of this company.

I was discussing with friends last night:

bp - down 28% in 5 years, p/e is 28

Exxon - up 74% in 5 years, p/e is 15

Shell - up 9% in 5 years, p/e is 13

If we multiply bp's earnings per share (13p) by an average of its peers' P/E (i.e. 14) then its fair value may be 182p

"The date when they will buy the last share was 11 years ago very recently" Huh?

I could not care less about 'convenience'!

Bernard's shops are a complete distraction. I did not spend over ten years building a position in a shop-keeper.

"We launched pizza in Thorntons...as well as sweet sort of jellies, candies" - EFF OFF!!

The saying is usually, "all GOOD things come to those who wait" but in this case I think you might be right to drop the good.

Received gross dividend income yesterday that equates to 1.4% yield on the sum invested.

Bernard was really hyped about the shops, and the gerrrls of course