Member Info for Nightpusher

In a way lower prices will be ok. If in a year's time we see oil back at $90, the inflationary pressures will be eased and with it pressure on interest rates. The windfall tax will be heading for the chop.

I really dont think that $90 will be considered normal no matter how many charts the government might publish to make that point.I suspect $60 is what they will have in mind as most companies can show a profit at that level due to all the cost cutting that has taken place in the last 2 years.It will be interseting for sure with probably a Labour government in power in 2024 or maybe earlier

Thanks for the useful link Texan,love to know what the historic more normal level is .Guess we are stuck with it for 3 1/2 years

It is temporary and will be phased out when oil and gas prices return to historically more normal levels. The legislation will also include a sunset clause, which will remove the tax after 31 December 2025.

Aliveandkicking, £24.59 you had better change your name again.

Are you sure about that Nomad?
Looks like you could be the one who has his foot in his mouth

BP have seemed reluctant to announce what they are doing with Rosneft divi,but their silence seems to confirm that they are not giving it away but probably in an escrow account in Switzerland.

Or were you just worried that with a pot of cash sitting around you'd buy back into Genel :-)

Jim we really need his input back at PFC but he sold out a few months ago.On Genel I am reinvesting both divis this year but thats it.Its just a good investment for divi now,way better than 1.5% in chase.Slightly riskier however.Not worried about changes at BOD as long as funds continue to roll in from KRG

Is the div every quarter?

In your dreams SK,glad you are still with us however as you do make me laugh.
Seems an awful lot of drama about divi today,all brokers do it different and payments sometimes differ as I have received my HBR divi but my Genl divi has not showed up yet.All on 18th but it will show sooner or later and the Genl final divi is a cracker this year but the share continues to frustrate but have been there 7 years now so will give it awhile longer(2 years) as the divi is excellent

No complaints from me,I picked up another 1100 shares today.Well pleased with the price.Maybe buy some more in the next few days.

I can't remember who wanted to top up its holdings.

I am reinvesting Tartine as always,this much maligned share pays a quality dividend with a good flow of cash on a monthly basis.I get over £7 K divi ,money free of divi tax as its in an ISA in a few days time.That sure beats the Chase savings rate at 1.5%.Be reminded that I bought 4 tranches of Shares in Genel in January 2014 and the share cost of the most expensive tranche was 1084.57.At the time analysts were predicting that the share was capable of moving to £14.8 years later I am still here after purchasing thousands more down to a low 79p a share and believe that this share will advance over £2 soon which puts me in profit and considering the exit door.
If you are looking for £3 plus then we need to find some oil as an operator and then DNO might buy us out.Chevron certainly did us no favours and Bill Higgs maybe ought to consider his future as he failed to snap up a bargain minnow oil company in the cheap times 2 years ago .No bargains out there now except Genel

The loss of Rosneft means BP has lost half of its reserves, a third of production and a $1bn annual dividend.

Not yet I feel,it has to be paid somewhere and the question is where,I feel they may do dividend reinvestment but it just might go into an escrow account in switzerland.

Anyone buying any more though?
Yep I will reinvest divi,this is the first time however when I havent topped up on ex divi day as its probably the first time the share hasnt collapsed .I am in the same position as Jim,probably 12% down from break even but suspect there maybe many sellers as we advance past £2 which I think we will be dragged along with high oil price sentiment as well as the excellent cash flow that is being generated by higher oil prices.

Just bought Lloyds

Been thinking about Lloyds since I sold off all my Glencore shares but as yet the money idles in my II ISA account.Profit was excellent on Glen but I staged out to low and to early

I agree that JPM went over the top on their statement but I have been following them down since they peaked in 4 figures and so glad I never bought then.I think I am a little frightened of them in that they may be overtaken by their peers or I end up with another PFC.
Love Stanley Gibbons,I realise they bought the most valuable stamp in the world recently and have ideas to do shared ownership of said stamp.Not sure if it is a Cape triangle or a British Guyana mauve.

. Anyone buying today does NOT get the dividend.

Guess its time to wait and see, Headder says he purchased today so he can sort this out,but I remain adamant that you will receive divi if you buy today.In truth I cant believe I am even having this conversation with Pearls as I like his posts and see him on DARK board but I havent bought into that share yet as I think I can pick it up in the 300's before it stabilises.

So anyone buying today is buying them excluding the dividend which is why the shares are currently marked down so much.

Sorry Pearls you seem to have got confused but only prepared to buy today if they touch 465 which looks unlikely to back up my post.

so anyone buying today buys them ex-dividend since settlement for any purchase made today will be in a minimum of two days time.

Cant agree with you on this one sir.If I buy today which I might and I get 2 days to settle and the divi even though I havent paid for them.They are credited to my account almost immediately after purchase and are belong to me but I have 2 days grace to pay for them.If I sell on the 7th I do not get a divi as I no longer own the share even if I have not been paid for them.
Happy to be corrected however.Interesting topic unlike all the normal dross on here

Jim800. If you have nothing helpful to say. Say nothing.

Think Jim got it right sir,your share portal should be able to give you this info but failing that just type in Genel divi on google and divimax or,HL or many others will give you an instant reply.

As to your unanswered question , Genel reported full year results on March 15th 2022,so you missed that one for sure.

GKP results

Changed a bit Jim but all us silent Genelians are watching cautiously as Genel has now become a high dividend stock and I am getting ready to move another £20K's worth into my ISA on April 6th.My final divi payment of 12 US cents comes in at over £5K ,that really is a reason to be cheerful but whether I reinvest in Genel remains to be seen.Sadly this share tumbles far more than it should on Ex Divi day so that sometimes it is the best time to reinvest using a bit of standby cash

Jumped the gun a bit, buying at 415p but more than happy.

Dont feel bad ,I did the same,the share price suddenly started moving and I leapt in and my last tranche cost 4.15 then it pulled back,bought an earlier tranche on tuesday at 3.93 but am more than happy with the direction of this share.Always remember that no share goes up in a straight line.I plan to hold for at least 2 divis.Lot of negative posters on here,some lost out on PMO but they wont always be here and to be honest who makes an investment decision based on other punters vested interests which are voiced on this platform.

Thanks Boyo,you are right about drawbacks but oddly enough labour or the shortage of it seems a real problem,nobody wants to go roughnecking in the States anymore.