Member Info for Nightpusher

Clued
This has actually being going on sporadically for a long time ,even before they revamped the site.I drew it to their attention a long time ago as well but perhaps they dont see it on their screens but as it always happens after markets closed its only customers that would be looking.I have found that when a share shows a rogue closing price you can hit the share abreviation say BP.L or HBR and it takes you into the share info and the closing price and percentage is correct.I like II so I just put up withit as I know how to work around with it.

NI went up to help the NHS, now they take the money away fromthe NHS again !

Not sure you have a good understanding of how tax works now.All monies including NI,Income tax and Vat go into the pot to be distibuted as per all department budgets including defence and education accordingly.
National insurance is a tax levied to assist the government in funding pensions,health and social care and in no way even achieves half the cost of those services.

I've decided to take 100% of the dividend on Friday and not reinvest any at 450/460 prices as it's more certain to withdraw it and put it into the bank ahead of that inevitable savings interest rate rise.

Chandley,I am not reinvesting back into BP for the first time in 13 years(excepted when Wayward cancelled divi) but I am ploughing both BP and Shell divi into HBR this time around as I see more potential for upside with them.

then remembered - a 5.1972p divi, not too shabby

We take a 9.2p hit to the share price for a 5p divi and you think its not too shaby,for me its a 4p loss with no guarantee that once divi is paid plus 3 day settlement the share price might have returned to £1.40.
For me its ludicrous to pay a divi just to take a hit like this,far better to to allow the share to run divi free and sell 4/5% every year and not have to pay dividend tax.

Ms Truss said: "I am against a windfall tax. I believe it is a wrong thing to be putting companies off investing in the UK just when we need to be growing the UK economy."Quote Truss at questions in the house today
I read that as meaning that though she is against the tax it will remain as it is on the statute book.Perhaps no change is what she is implying

quote from Dave -Also rookie1 ask yourself a question, why would Harbour Energy Chair Thomas sells GBP5 million in shares before collecting a divi

Maybe he has learnt through experience that the share price fall on ex divi day might even be greater than the divi itself and with the poor sentiment in the market right now a pull back might be on the cards and maybe he has other plans for the money.There are many other stocks on the market that have huge upside potential apart from HBR which has the look of a share that might be range bound in the short term but offers huge potential on the upside if one is patient.Patience that dreaded word but one that has served me well.

No investment is safe Rookie ,its the nature of trading stocks.

Can’t believe how little talk there is on this today?
Rookie.Not sure talk really helps a serious investor and sometimes I think a little less talk on this site might even be appropriate.Just have confidence in your investments or move out quickly and take the loss if you get cold feet.I can honestly say I am not influenced by anything I have read on here.Am in profit and have in excess of 40K invested here which is way below my investment level in BP,Shell,Apache,Transocean and Schlumberger.The only share I have pulled out of this year was Glencore with a fairly decent return.Not madly interested in when we will be debt free,perhaps the company has no interest in being completely debt free anyway as long as the coupon is cheap,might be better to have more cash available.Would be more interested in progress of Tolount east but would research that elsewhere.
No fears for tomorrow whatsoever and you should'nt either.Its a good share to be in just now so sit back,relax and enjoy the ride

Hadn’t checked the oil price until now, what spooked it? Unquote

End of October futures at midnight,new futures price was lower so immediate drop yesterday from 105 to 101.That spooked the market last month as well in just the same way and we ended on $95 that time as well.Stable now and maybe time for a little upside.Extreme volatility rules the markets just now.

Thanks for the detailed explanation last week on the end of month caper.You are missed on the Genel site as you kept conversation going even though that is hard with not much good news about in Kurdistan.Hawkeye went through a name change and reappeared on the HBR board with his so so many reasons to be cheerful.Many thanks

with its plan to cut its production by 40% by 2030..Unquote

Not far to go to meet that deadline then Seav with the loss of Rosneft and its reserves

Hi Seav,take your point about debt and how you worded it.I continue to agree with you on your comments about Van Beurden and the divi disaster for sure.
Sadly I see no change in the divi until we have worked our way through the quarterly reports till the term record profit is no longer applicable and the hacks report that profits are lower than the previous years quarter.so its this time next year probably but then again oil maybe $130 by Feb 2022.
On the other hand if we can creep back beyond £24.50 the increase in share price might make the divi yield too low for institutions to accept

Seav,I like your posts but am confused by your stated net debt for Shell of $25bn plus.In Shell report 4 days ago its still $46.4 billion and they only paid debt down in Q2 by $2 billion.Thats criminal even if their borrowing is cheap.

Boyo,can you explain this roll over factor for me.Bloomberg and Financial times were reporting $109 as late as saturday but Yahoo and BBC were reporting $104 on Friday .The chart now in Financial times now shows a vertical drop on Sunday late from $109 to $104.Many thanks Mike

Reports suggest Rough could cost £2 billion to reopen, but could be up and running by September.

Baysil,afraid its not as clearcut as that.Rough went into service in 1975 so is over 45 years old and the wellheads and xmas trees and all related components are heavily corroded and while these may have been replaced to facilitate the commencement of reinjecting gas by September,Centrica will have to start building up a cushion of gas to build up resevoir pressure that may take till April before it can actually inject storage gas.Its hardly going to be possible to have that much surplus gas this winter to actually make it possible to divert gas for reinjection as it will all be needed to supply homes and power stations.So the reality is that stored gas may not be available till September 2023.To briefly explain the cushion,it gives you higher pressure in the injected zones so that you can flow larger volumes of gas out in a shorter time when you go tap into your reserves.Sorry for the grim news.

Shell management wasn't as measured when it came to cutting the dividends but is being very measured when it comes to raising it back?

Great post Seav

but in current political situation big dividend increases aren't either.

Not sure that is relative anymore Jim,the oil companies have been hit with a windfall tax and through that most of the general public have discovered that even before this tax there is a 40% tax loading on profit anyway.

Van Beurden needs to get his act together and get that dividend back up to where it was before he cut it by two thirds or he could fall on his sword or both

The risk - When the war ends brent will drop $30 in one go, That was said Saudi's yesterday on Bloomberg. This will happen at some stage. I want to be out before that happens for sure.

In the interests of truth I would be grateful if you could post a link to verify this post.I have tried to find one all weekend with no success.This leads me to believe you have posted total nonsense which I concur is not unusual on this board.

The price of oil is falsely at these 'high' levels because of the Ukraine war. It is a war Ukraine cannot win

Price of oil was very high even before Russia started its invasion of Ukraine.It may have made matters worse but for me this really about a supply problem that will stretch long into the future.

for Government read Oil companies.2nd para line 1