Member Info for Realist1

Or this:

https://www.bp.com/en/global/corporate/investors/information-for-shareholders/dividends.html

No future dividends have been announced yet:

https://www.dividenddata.co.uk/ex-dividend-date-search.py?searchTerm=bp.

I understand that people don't like to hear negative sentiments about the shares they are holding but this is an industry in transition and it will get worse before it gets better. The company I work for have recently has two biomass stations go into administration in the past few weeks and there is plenty of negative news to come in the next few months. The virus in China has already hit the BBC so this could soon filter through to the markets

With IUKD, at least you can throw large amounts of money into it and sleep at night. I keep a core holding and also play the highs and lows with a cash amount I keep on hand.

Many are skeptical of this one but if you use a comparison chart, you will find it basically tracks ISF (FTSE100 tracker) but pays more dividends. It also has a decent trading volume so you have liquidity.

Rather than Legal & General, I would prefer SMT. Heavily invested in Tesla. Much better performance than BP.

But it looks like all is not rosy with the renewables either:

https://community.oilprice.com/topic/15619-ten-years-of-plunging-solar-prices/

Yes, good point. Where is it going tomorrow. Some people on here think £3.50 is the resistance point but I think it is much lower. Again, some say Saudi is on its way to bankruptcy, near certain dividend cut, etc. Very few positives I can see with the oil price potentially going down.

https://www.middleeastmonitor.com/20200501-mismanagement-is-driving-saudi-arabia-towards-bankruptcy/

Paying GBP 0.0426 per share dividend around the end of the month.

More like £2.56.

SMT is now on the list of the UK's most shorted shares. Buying opportunity coming up?

https://shorttracker.co.uk/

On top of all of that, there is less people driving so they will be paying out a lot less in auto claims. Some countries have actually reduced their car insurance.

I would not touch a car company with a barge pole. History shows that returns are terrible. Given their management, Amazon may turn out to be the exception.

Tesla will drag SMT down when investors get tired of constantly pouring money into them. They will probably get absorbed by one of the major manufacturers.

Of course. People keep comparing this with Thomas Cook but the difference is that SXX has assets in the ground worth a significant amount.

This is what Liberum says so there is breathing space:

“The convertible bond funds in Escrow and the RCF commitment letter are effectively valid until the end of October, which we would consider a hard stop for Stage 2 financing,”

Let's face, in the scheme of things, the $500 million they have to pull in is a drop in the ocean considering the size of the project. I cannot see this project being abandoned for this amount. Someone like Branson could buy this amount with his pocket change.

Nothing good here. When this company finally gets relegated to the FTSE250 (and they are on the brink) all of these fund and pension managers will have to sell. The bad news at the end of the month was inevitable and I sold everything in this share and I have no intention of buying back. I will put it into something where at least I have a chance of recouping some of my money.

One thing this share has taught me in is to stick with ETFs. Shares have become too dodgy because you never know what is going on behind the scenes. The list is endless: Carillion, Kier Group, Metro Bank, Lloyds Bank in the past, Petra Diamonds, Aston Martin. The list is endless. The worst thing is, many of these shares that have gone down the tubes are in the so-called defensive sector.

I cashed in all of my CNA shares ages ago (at a loss of course) and moved them into shares where at least I have a chance of making some of my money back.

All very factual but can these cut-price brokers stay the course giving you a lot of trouble for nothing. Santander could not survive the brokerage business and neither could TD Direct. On top of that, their platforms left something to be desired. A good platform can be critical when trading. Don't even get me going about the HSBC platform.

I think a dividend cut is almost certain, it is the rest of the news I am worried about at the end of the month. The price is starting to increase, I only hope it is not being pumped up only to be brought back down again. Shorters don't just pull out at the bottom. They follow the stock back up again waiting for an opportunity.