Member Info for MrMan

If you would like to reinvest without fees take your shares out the bank and transfer them to CREST cerfiticate , place them in a safe place too. Its with capita and they wont charge you each investment although will be some fees to transfer them.

Ask Saudi kings, Queen of England, the elite, American head of state. Money doesnt have a religion. Capitalism. Come on guys we here to make money!

I have to say I like this board and the respect everyone has for each other here! Not like BP a few months ago and various others i can see. Many people trying to provoke people and reactions all the time. Anyway Thanks UKchips i did not know that will update my diary and hope for the better. I have a very very small holding but a very large percentage profit! Happy to hold till the right price :)

Totally agree the only thing i'm missing out on is buying more shares. I think there has been a big drive to buy BP post BREXIT because of the currencies. I want to see the results to see what is the actual affect maybe its not as good. At current levels i feel its a bit over valued. In current climate. But good thing has came about with even Saudi FINALLY admitting $50 barrel is no good for anyone.

Thank you. Will still be here in few years. What to do with dividends with prices so high :) all the best Alan!

http://seekingalpha.com/article/3987156-bp-set-soar

It breaks even at $60 barrel

One pays a dividend and the other is Tesco. I hold both and they are in the same place. I cant see it getting any better soon.

Not selling a single share. This company is for the long term. Been through the bad why would i sell now. Will accumulate

Year high

BP will do well with this welcome tail wind but it might go down from here though not much. All the "smart money" going to stocks with foreign money maybe due to interest rates still being low. The funny thing is oil prices are lower yet BP is up. If that keeps up expect a bit of a correction because we do not know how much of a tail wind the pound crashing.

Imo the market been very naive at making decisions last few weeks! I been reading and checking the UK wants access to the single market but EU says you cant withtout free movement, okay back to sqaure 1 then! Lol

Read it or dont but dont dictate whats for us to right. Least we talking about some current issue and not gloom and doom trolling like few others. Its long winded but yes it does have effects on SP.

Pharma is global. I cant really see this sort of industry being restricted in any way. People are acting like BREXIT is restrictive in every possible way. If so how does big Pharma trade with the US or Africa or Asia etc etc. BREXIT will effect many industries banks, airliners, travel, home builders down to Telecoms (EU data roaming) but as for big pharma i don't see or share a huge concern. If the product is good enough, it can sell anywhere. We saw money run to Pharmaceuticals which has not ran to them in 2 years!

I believe to go along with the democraric will of the people so if the English want BREXIT lets do it if majority of Scots and Irish voted it i can accept it but it turns out they didnt. Thats the issue. I read somewhere Wales believed independence to be closer if they voted out. Its a baffling situation. Now we have that Labour guy say we may vote again and Lib dems will make it policy to stop BREXIT.Think about that for a second Lib dems get half the vote which wont be hard because they appeal to half the electrate. BREXIT stops when the people who voted for it still wanted it. Anyway this isnt a true democrazy. This is a very unique possible terrible situation to be in. And im like you i voted with my money and i lost! Lol i saw it as chaos. Surely when i woke that morning i thought " oh ****" and for everyone else i was correct. I wont say i am lucky on BP because i planned to hedge against the pound few years ago! Thats lucky. Anyway whatever happens BP will still be around. I dont want to bore people too much now..

Valid point about Scotland being a separate country as is Ireland and Wales so why do they get less than London? As for what currency to use clearly not the pound now as its in nose dive lol joking. I would use anything. About the oil its not Scotland's only trade we have golf and tourism and whisky as well. Alan the MP that you spoke to probally did not open your eyes to how damaging the Barnett formula is not just for Scotland but all the other area's i have mentioned. Look note that all area's in which the Barnett formula is not favourable to seen a huge vote to leave mainly because their own failed them not the EU. The further you got from London the more they voted out. I trust the EU more than the UK solid truth. Even the figure the UK said they pay alone to the EU was hugely inflated as Scotland pay 8.4% of it too but i didn't hear a whisper of that. The point i make about the Barnett formula take it and compound it over 30 years and you have a way of slowly extracting from countries and counties to favour one (London). If Scotland were independent the UK would suffer more not vice versa. Although there are many questions and not enough answers we cannot know everything as we don't for BREXIT. I hope you realise i looked at this issue in detail.

its like you give me £100 and i gave you £20 back, thats the formula

Correct Scotland receives more than Wales and Ireland and indeed North England but the formula is out dated and doesnt take into account what everyone contributes, most money is concentrated to London.

Through the Barnett formula Scotland or any other Northern Area does not receive its fair share.

The pound will never be the same again. I been in BP 6 years now. One of the factors i invested back them to track the dollar. Well its paying dividends now. Ofcouse i could not forsee anything like this. Just a few months ago we were at lows never seen for 10 years and during oil spill. The SP has been so terrible over last 6 years but BP management done well. So this UP is welcoming especially because i expected much worse BREXIT fallout. Now these politics who dont buy their own bread or milk, decide the will of people. So where do we go from here. The country is divided and nations too. NI want to join ROI. Scotland voted overwhelmingly to stay in EU thus want another referendum. I would be happy to pay the EU and not the UK then the EU at which has happened all these years. The barnett formula does not distribute monies evenly and something has to give. Scotland turned to those people that stole less from them than the UK. The majority of people voted in the same manner i believe. This is a crazy situation making which i hope " a mild recession". Now is the FTSE , CAC and DAX bouncing because BREXIT is going to take some time ? One thing i am deadly sure. Osborne has to go. Hes bad business for the UK and has been since day