Member Info for Mr_Rooster

It’s true for Ex-div, when it’s pay day “generally ” a small tick up because of drips and divi investment there are some demands

Fleccy, my two cents is that market is in sell off and some people selling indexes i.e. selling whole market which a big chunk of it are shell and bp. That’s probably the reason they are going down. Expect a sharp move up when selling cools off.

Do your own research

1.It takes time to restart and get to full production capacity. 2. Damage to infrastructures& 3. Use of SPRs and depleted resources in the last 3 weeks

Apologies mis typed 5% divi

Even if peace happens now and ships start sailing today, oil price stays over 100$ for rest of the year and BP goes to £6. No manipulation can change the reality. This is my opinion and I buy BP at ~6% divi anytime.

Do your own research, don’t take it from me

Was going to ask something similar. Sold today planning to buyback at £10. Given debt level and divi cut, seems like cash flow trouble signs. No improvement in for the US market has been provided or forecasted and tariffs not helping. See you later

Sounds quite positive, hope the market agrees with me :)

1) Expect a rise in second quarter for upstream production; 2)Stronger results in oil trading and refining margins; 3)Net debt is expected to fall slightly.

Good luck all holders!

Same here, entered few days ago with lazy plan of collecting 6% divi which is a nice steady cashflow while waiting for a potential M&A or activist pushing the price up. It can go as low as £3.20 but is unlikely and wouldn’t bother me.

it’s out of trump’s hand now, everything but gold nose diving. whole thing was unnecessary, helped no country and i’m ****ssed off.

what happened yesterday is not bullish. in fact, this temporary optimism could be a bull trap. the us tariffs on china is huge, and many products from other countries contain chinese components, i.e. raises costs indirectly. you can't erase china from the global supply chain overnight. either one side will find a way to back down, or the ****show will continue. the main issue today is uncertainty. markets don't thrive on unpredictability. big investors rely on stability. how can anyone invest when the market indices are moving like a ****coin.

I've been a long-term investor and am looking to adding to my position, as the income is very attractive. However, based on my calculations (which could be inaccurate), the P/E has risen to 83, and the dividend cover has dropped from last year's 0.36 to 0.13.

Could someone help me assess if the company is in a stable financial position or there are signs of trouble ahead? Given the market cap seems quite low compared to revenue, it might well be a potential takeover target.

Appreciate your balanced insights. Cheers.

The CEO has been in charge since 2023, and now he’s suddenly talking about a “reset”? and he has been with the company for over 2 decades. This isn’t rocket science, they should stick to what they know best, their core business, and cut out everything else.

By law they have to reduce emissions, but that doesn’t mean they should get into areas they don’t understand. Biofuels and renewables are risky businesses , their current setup upstream, downstream and storage isn’t built for that kind of work. Money was much better spent if they invested in improving their trading and supply or just planted trees to meet their obligations. If they had a good strategy, they would have known oil demand was going to drop and should have started cutting costs a lot sooner.

Thanks Pokerchips, so this may help the SP creep up slowly until the option obligations is fulfilled.

Gary, I got the figure from today’s RNS on Meiji Yasuda Life Insurance Company holding.

When did they manage to purchase 295 mil shares? The total monthly volume hasn't deviated from what is norm since Sept last year.

Biden Administration Drops Plan to Ban Menthol Cigarettes:

https://www.wsj.com/politics/policy/menthol-cigarette-ban-explained-0c41df7a?mod=djemalertNEWS

Derivatives ban is only for amateur accounts not for professionals, which you can upgrade to with accepting T&Cs. Rest of your comments are wrong too.

I don’t know what you mean by “BOE bans crypto currency transactions in sterling “. The conversion to any fiat currencies is between the two parties no governments or central banks involved. It is like every other deals, seller pays for the good they receive or investors pay £20 for a share with nominal value of 10p. Unless you mean it is classed like drugs and any deal considered illegal, which is a bit long shot. Given that hedge funds have been including cryto into their portfolio and Fidelity accept bitcoin as collateral for cash loans. SEC has no issue with hedge funds buying bitcoin at the moment.

Not that I am advocating bitcoin but FCA are just worried about themselves and becoming redundant , as they are powerless over decentralised digital currencies.

“ Hopefully our Grandchildren will have careers in High Tech Industry, rather than serving coffee at Costa, or Burgers at Mc Donald's.“

What was stopping them before Brexit? They had easy access to education anywhere in the Europe. Didn’t need work permit to work in the largest market with 20 trillions $ GDP. Now they have to compete with candidates from the US, China, Japan when there are no suitable candidates in the EU. And you know what, high technology from foreign companies mean you will be served by robots in coffee shops and fast food chains. Look beyond BT and you will see it’s happening in lots of places outside of the UK.