The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
@Jeremyruttl
I presume you're on the Tesco Value Gin now after your Poly punt blew up in your face?
Why do so many people on here still think an uncrossing trade is a Mr. Big ordering a huge buy/sell order?
No wonder you thought Poly at 1400p was a bargain.
@sk74
You were one of those rampers calling Poly a 'bargain' at 1400p weren't you...
1000p - 'this is cheap as chips'
500p - 'opportunities like this come around once in a lifetime'
300p - 'it's an absolute steal!'
Don't have a hussy fit Bernie, now please stop wasting time on this board and get on with serenading American big oil to buy us out!
@Clued
If UK motorists had bought BP shares over the long-term as a hedge against higher petrol prices, in all likelihood they would have lost a lot of money.
Current March 2022 share price is down versus most months since 1997 and circa 25% lower than before the pandemic...Most people weren't hoovering up BP shares during the relatively short period during which it was 2-3 quid.
@Splice
By current woke standards in the West I think most people east of Berlin would be considered 'far right'.
I'm waiting for 500p before slurping, I don't like to get my shares too cheap and prefer to give the seller a good price for his hard work.
@rebrand
If this is Russia 'winning' then the mind boggles at what losing would look like...
Russian Armed Forces have been shown up for what many suspected they always were: archaic, chaotic, cowardly, disorganised, appalling logistics and incompetent officers. We may never know the true losses they've suffered but the armed forces and country are clearly shell shocked at the beating they've taken by a country and army many times smaller than them.
As for the economic consequences of this invasion, they will be ruinous for Russia for many years to come. There's no way sanctions are being magically reversed next week just because Vlad decides he's bored of shelling civilians.
I've been to Russia several times and one thing that really struck me was outside wealth pockets of Moscow and St. Petersburg, working and lower middle class Russian's quality of life and economic development is still decades behind Westerm nations. This is despite the untold natural resources and wealth that Russia is blessed with, this is of course attributed to your dear leader and his thousands (not hundreds) of corrupt enablers who've plundered the country for their own selfish gain.
Yes those big fat juicy dividends who's yield is below an already manipulated CPI and around 1/3 of real price inflation.
Let's pop those bottles!
@doubleorquit
BP has been in a 'short-term downswing' since 1997, current share price is 25% down versus pre-Covid levels and dividend yield is only half of CPI.
Some of you talk as if youve5 only started 'investing' since Covid which of course might be the case. Zoom out on your charts for once...
@Neversellshell
We're not despondent because BP fell today. The share price is down 25% versus pre-Covid levels, dividend yield half of CPI despite oil having surged and held well over $100.
BP has become completely disconnected from the fundamentals that we're aware of, although perhaps Looney and institutionals know something we don't hence this drop from 420p to 350p...
@Rooster
They're both the sick men of the FTSE 100 and dragging my portfolio down despite respective underlying commodity strength.
@Never
The problem is, BP share price receives no lift when oil prices go parabolic yet falls accordingly when Brent and WTI take a dive.
It's a very similar situation to Fresnillo, another FTSE 100 name, little uplift when precious metals rocket but then share price implodes when said commodities are smashed down again.
One step forward then two steps back.
"The stock market is a device to transfer money from the impatient to the patient".
I love it when people insert Buffet quotes that have no relevance to the topic. BP's share price has been in long-term decline since the late 1990s. The current share price is lower versus most months since 1997 and we're also still 25% below pre-Covid levels.
Being patient with BP has most certainly not paid off over time, whilst adding insult to injury, GBP has lost double digit % against USD and EUR in the time one would have held BP shares. All my entry points were post-Covid but astonishingly it is still one of my poorest performing names despite elevated oil prices and the US majors flying to the moon.
Looney has lost the plot and unfortunately like one of my other FTSE 100 holdings (Fresnillo), doesn't give a toss about the share price or shareholders.
@Democrat
Gold within shooting distance of $2000 and silver close to $26 yet FRES is closer to 600s than 800s. It's probably the worst PM/share price ratio in the history of the company and versus peers, I don't see any tailwinds on the horizon either. 500p and possible all-time lows now look more likely than anything resembling 10 quid plus.
There's people on other boards who still talk of 20/30 quid as share price targets...Completely bananas. When people are so deep in the red I suppose all they can do is ramp the stock and pray one day it turns around.
Just compare it to peers, rises half the % on big PM gains and drops twice as much when the monkey hammer comes out.
It can still make a decent trading stock but a long-term term investment it most certainly is not.
@Simple00
Your impatience and intolerance of different viewpoints in addition to your appalling spelling and grammar inform us precisely what type of person you are...
Rampers are desperately looking for other bagholders...
If one truly thought this was trade of year you'd take your positions quietly and not spend 24/7 advertising to random people on the internet about how they should all jump on to.
MrDribbles your name is very apt.
A dribbling, deranged and ignorant dud who spends all of his days spouting Kremlin propaganda and ramping Russian companies on message boards.
I'd be surprised if you've convinced even one person of your upside down narrative. You do realise there are hundreds of alternative paths in life that you would find more fulfilling and enjoyable?
You must go to bed every night feeling most strange about your existence...
It was in the 900s the week before RNS.
C'mon FRES...HOC is up 18% today!
@Bladey
Spoken like a true dumbsh** Putin bot, paid a few hundred rubles a day to sit hunched over a laptop in some bed**** spamming out absolute garbage. What a waste of a life.
Remember when POLY was a bargain at 1200p? Mind the gap folks.