Member Info for nightyard

So BP are mopping up all the weak hands looking to sell at 300p and itll be three years before they come back into the market. How is that not better than paying out an extra few p? Youll get more than that purely from the buying pressure

This is not true.

They are removing shares from circulation which will tighten supply a bit. Shares awarded under BP scheme will likely have a maturity clause attached and the employees are not likely to be selling them as soon as they get them.

Im so bored of hearing the same people constantly slamming the buybacks. Is there an echo in here?

...we may be at the beginning of the SP steadily increasing for a bit before the next pullback.

Hopefully we'll surpass the recent 326 high

https://www.cnbc.com/2021/04/28/goldman-forecasts-the-biggest-jump-in-oil-demand-ever.html

Why are you lot ****ing on the posters fire?

Who cares how manh extra shares theyve bought, its still the money they have for their house fund and they're invested in BP, just like most of us here.

Have a word with yourselves.

Current dividend payments give a good yield at current SP.
Reducing the shares in circulation will increase future EPS for those still holding. Buybacks will help the SP increase. Either you're getting your money back through dividends or you're getting it back through an increase in equity (SP)

Debt is great in high inflation enviroments. So if we do end up seeing high inflation due to quantative easing then the debt becomes smaller (relatively)

You have more invested in BP than me?

Interesting, I don't remember telling anyone how much I have in BP.

I suppose your attitude towards others highlights what a P.O.S you are.

https://www.investopedia.com/terms/t/triplebottom.asp

A lot of countries are on track to vaccinate majority of their citizens within the next 3 months so they're not miles behind the UK. Also from a supply perspective, theyll be more supply available to countries still in the process of initial vaccination jabs as other countries will be finished/have slowed right down

There seems to be good support around 290.

It looks to me that after the recent highs, BP has stabilised and formed a new base with decent support.

A falling wedge is forming on the chart. I'm expecting it to push higher soon.

BP based their financial forecasts with oil at 45 USD a barrel. WTI crude is 63 and Brent is 67.... need I say more! They'll be creaming profits from production. I am hopeful of huge profits from their trading division too.

It provides support to the share price and reduces the amount of shares in circulation which means future profits are then split across less shares. Market cap will reduce in the short term as the company pays out the money, just as it does each time it pays a dividend, but in the long term the profits are split across less shares so bigger dividends.

The vaccine used in chile needs the second dose to become effective. Only a small % have actually received the second dose

The dividend yield from this stock is more than cost to finance. I havent come across any variable rate loans. Mines a fixed 2.9% APR. Taking a loan out doesnt take into account a person's finances at all. They may have a lot of assets they could liquidate if needed. Potentially their net worth could be far greater than the person with £20k in cash..

Are you invested here Zac? Is so, how is your investment any different to anyone else's, regardless of how its financed? If you think at 300p its too risky, then by your own reasoning you should sell. Your £20k is the same as another person's £20k via loan....As long as the person can afford to service the debt whilst the share price flucuates until it hits the target price, there is no difference between your money and the person who took a loan out.

I see both sides here.

Dont use a loan if youre inexperienced and prone to making irrational snap decisions. You'll buy high on fomo and sell low on fear.

Taking a low interest loan to invest at multi year lows makes a lot of sense. Most people who bought in post march 19th 2020 are quids in, even if they bought into bad companies

I prefer spreadbetting over cfd and share dealing as i dont like capital gains tax. Theyre leveraged trades but i never pass 2x leverage. Usually i dont even pass 1.5x leverage.

I took a low interest loan out at the beginning of the year to deleverage my position right down. Cost of the loan is peanuts.

Sources of finance dont matter as long as you're with not reckless and emotional.

Your response was emotional rather than logical.

Emotional investors don't tend to do well. Buy high sell low!

It's simple maths. You talk about the family left behind because a blood clot death, but what about the many more families left behind because of a COVID death?

The time delay associated with getting enough doses of the other COVID-19 vaccines creates more DEATHS than the 70ish clots caused from 18m people vaccinated..

It's the lesser evil. If you can't see that then you probably don't make for a very good investor.

Investing in other projects maybe?

Im expecting BP to post enormous profits from its trading division...