Member Info for PeterH1

The gamble for me would be to sell out! I see that as the risky play! Even if something happened the share will bounce back up inevitably!
I’d hate to be like the £3.10 club who sold out and missed the rise! Or even worse the £2.90 club still waiting for that £2.40 gap to fill!
Honestly this chat has been like a graveyard for bad investing! The poor souls…
I also dont buy the people saying, ‘I’m happy with my profits and sold out’ I’ll be back in if it drops etc! These are people just gambling for a re entry and most have failed here! Emerald being one who sold in the very low £3s.
As it stands the Ukraine leader has said he’s seen no evidence of an imminent invasion yet people like Boris and Biden have… they also have a lot to hide from as their leaderships have been an embarrassment! If this turns into nothing they have a lot to answer for as do our media!

That’s all good and we can hope! They did reduce shares in circulation by 580,000 in the last 2 quarters, if this continues I’m fairly confident we’ll see some good numbers :)

When have I mentioned £10….

I know how many shares there are I just missed out 6 billion ‘IN’ shares meaning 6 billions worth! They bought back big last year and are continuing it now . The shares in circulation WILL decrease noticeably from now on.
There’s no need to look at the past now as they have never bought back on this scale before!

Also BP are not doing a one off buyback and then giving them all back clearly! as we were buying back Big last year and it will continue

Sorry bumble I meant 6 billion worth of shares…haha yeah that would be a dream!
You can put aside 500m for employee share scheme but still if over the year they do 4 x 1.5bn buyback that’s a good percentage and will make a difference especially if they continue that over 5 years! A huge difference

Sorry that was meant for bumble not Gary.

Gary do you understand what the buybacks are doing?
If BP buys back 6 billion shares this year the mcap doesn’t need to rise for the share price to go up 8% That is better than any dividend you’ll get!

I feel reading through these comments people truly do not understand the power of buybacks in a mass scale like Bp are doing!
The city doesn’t care about a divi yield they care about Earnings per share! Always have and always will!

If BP continues this mass buyback scheme like i think they will you can forget any historical share price points! There literally is no limit.

Mojo you have been using multiple accounts! I know you have for a fact but I won’t divulge anymore :)

Markgo… you made a tragic decision a month back and sold BP for peanuts and now you’re back on here telling everyone they’re an idiot?
You sir really are a special case indeed!

B-schnibbs. Is that really still an insult? Are you 12 by any chance. At least the guy has supporters unlike the tragic administration in charge now! Even the media are turning on the embarrassments running the show.

All that matters is how well the companies are performing, the share price will look after itself in time!
Tinker they had roughly the same yield after the last announcements! Since then the RDS price has gone up more meaning the yield drops! That’s all there is to it.
I can see RDS increasing their divi in a big way within the next two quarters! I’m in both 55-45 RDS and I’ve never felt so at ease with two companies.

Dicklaw… yes they have but also in the q2 results just below that they said any surplus cash will be considered to increase the dividend and buybacks if conditions are right!
The 4% was based on $60 oil price!

19 Oct 2021 11:26
‘’They already have $51.5m of their market cap already in net cash, no debt! At today's prices it'll certainly be above $80m net by the end of this quarter. I'd say a very big opportunity is emerging’’

Beware of the sharks lol. Entertaining though seeing them ramp and deramp!

Indeed licker! Also just look at where oil is heading now!
I miss emerald and his oil updates! I have to look else where now….

So what position did you take your short out this time mojo? And why not use your old profile?

Lol has mojo come back with another short running… that title! Priceless! Market jitters? Oh come off it!

Josh oil dropped 3% quickly and so Bp, shell all dropped at the time! Just a sell off and now oil is climbing up!
Nothing to worry about at all!

Sorry Gambier 18.5 to 55p in a very short time…. And yes 4-5 months is a very short time! You can’t expect people not to sell out if they doubled, tripled their money!
We’ll talk again in 12 months!

Charlie and a few others please read this! Taken from Q2 results!

‘’ On average, based on bp’s current forecasts, at around $60 per barrel Brent and subject to the board's discretion each quarter, bp expects to be able to deliver buybacks of around $1.0 billion per quarter and have capacity for an annual increase in the dividend per ordinary share of around 4%, through 2025. Other elements of the financial frame are unchanged.
The board will take into account factors including the cumulative level of and outlook for surplus cash flow, the cash balance point and the maintenance of a strong investment grade credit rating in setting the dividend per ordinary share and the buyback each quarter’’

So anything above $60 for the quarter and it’s more than likely we’ll see a divi increase + buyback increase! It’s in black and white! There’s so many on here who fail to acknowledge it. I don’t know why?

Gambier… ‘’the market would have reacted already’’ ? I can’t take that seriously if I’m honest! The share has risen from 15p to 55p the other day in a very short time! The market is reacting! No shares go up in a straight line.

Also I’ve been in plenty of shares in the last two years where it took the market quite awhile to catch up but they came very good in the end!

Barry I know they’re big shareholders in the company but I’m not sure that effects JKX much! Even without that money the company is not exactly struggling…
The share has risen a lot in the last few months! You have to expect periods of consolidation! I’ve never been in a share which hasn’t at some point…
And let’s be honest here there’s not much to grumble about JKX at the moment! I’m sure people would air the negatives if there were lots but there’s really not.
Your post read like a pathetic ramp for another company which is not uncommon on these boards.