Member Info for pasajerodeltoro

According to gurufocus.com , this stock is trading well below the tangible book of £0.52.
Other sites show price to book of 0.34 to 0.42, i.e. book price from 25/0.42=59p to 25/0.34=73.5p.

This is a forecast from yet another site (marketscreener.com):
Book value per share (usd): 2,10 (2017) 2,08 0,70 0,61 (2020) 0,80 0,58 (2022)

The book value according to this is 50p right now.

Brent is at about $32.50. CFD future contracts are about $35, headed toward a resistance level.
If the CFDs breakout above $35, brent will rise & so will the share price of this stock.
In 2014, GBPUSD was 1.7 & now it's 1.2.
Most public breakeven price reports are forcasted from 2014.
In 2014 money, Breakeven was $60-70 ($65=£38.24 median) for brent.
Taking inflation into account, this was £43.50 for the 2014 breakeven.
Taking 1.2 GBPUSD into account, we can expect now just a $52.20 median breakeven in today's money.
Note that the cheapest breakeven was the Marcellus shale rigs and all 26 rigs are out of action right now.
This would drive the minimum breakeven to $50, from $30 in 2014 money.
This is about $40.15 today. https://business.financialpost.com/business-insider/here-are-the-breakeven-oil-prices-for-every-drilling-project-in-the-world https://www.tradingview.com/chart/Lgr5Hmfw/

https://www.sharecast.com/news/news-and-announcements/uk-insurers-ordered-to-offer-payment-holidays-for-struggling-customers--7489518.html

https://imgur.com/a/ZaTu82m
https://www.tradingview.com/chart/SBRT/dXTPYLow-SBRT-to-rise-again-BRENT-TO-FALL-SUB-30-maybe-even-17/
https://www.tradingview.com/chart/OIL_BRENT/xfPBrxcC-BRENT-OIL-two-possible-scenarios/

https://www.tradingview.com/chart/SBRT/dXTPYLow-SBRT-to-rise-again-BRENT-TO-FALL-SUB-30-maybe-even-17/

pt=4.2

Lockdown is dragging on thx to BJ. No movement till the end of may at least.

Things change looks like the C19 situation will drag on longer at least to the end of the month.
PT =120.

HEDGE YOUR BETS LIKE IGAS...

VERY SIMILAR TO IBEX35.
I'M SUSPICIOUS...
https://imgur.com/a/0QIyCx2

NEGATIVE BONDS FOR GOD'S SAKE!
WHAT WERE THEY THINKING?
https://imgur.com/VfXwkyI

NOT A GOOD ONE TO HOLD RIGHT NOW...
JUST GIVE IT A FEW DAYS AND IT MAY SHOCK YOU!
https://imgur.com/VfXwkyI

Market Sniper says oil could revisit negative prices... https://www.youtube.com/watch?v=up1M29g_Z_0

https://www.lse.co.uk/news/BP./top-news-bp-reconfirms-alaskan-business-sale-amid-oil-price-crash-qek62pj8x9irqec.html

https://oilprice.com/Latest-Energy-News/World-News/BPs-US-Refineries-Cut-Run-Rates-As-Demand-Crumbles.html
https://oilprice.com/Energy/Oil-Prices/Global-Oil-Producers-Agree-On-Joint-10-Million-Bpd-Output-Cut.html
https://oilprice.com/Energy/Energy-General/Pandemic-And-Price-Crash-Force-Oil-Producers-To-Take-On-Debt.html
- "Qatar’s breakeven price is $55 a barrel. Brent Crude, some $20 lower than the current price (Brent =$32.84 on the 8th April - when the article was published, Brent break-even=$12.84), but also much lower than Saudi Arabia’s $91 a barrel breakeven price."

IF YOU WANT BP TO REALLY GO UP, BID UP BRENT COMMODITY PRICE...
HERE IS A C-SWAP THEY USE FOR TRADING BRENT FUTURES:
https://www.lse.co.uk/ShareChat.asp?ShareTicker=LBRT&share=Etfs-Lbrt

HERE: https://www.lse.co.uk/ShareChat.asp?ShareTicker=SBRT&share=Etfs-sbrt

Go and check out the shorts here:
https://www.lse.co.uk/ShareChat.asp?ShareTicker=LBRT&share=Etfs-sbrt

- Very top heavy, 77p PT.

PT in the near future, so watch out!

Some indicators like MACD are saying overbought.