Member Info for rjb92

Oh, go on, £3.23

I've also ended up with a mix of managed funds/trackers and individual shares. Return on the managed funds is less volatile but generally upwards! My individual holdings are net upwards, but it's a mixed bag. Almost certainly as much luck as judgement!

Another one from the South Hams here. Dittisham!
Anyone know what date the relist will be on the LSE?
Ta

I've been invested in BP for quite a long time now, and selling on the last day of the month seems a common theme regardless of other factors. Always seems to be a buyback on the 1st of the new month. You pays your money and........
I'd expect a rise tomorrow purely on that factor alone, but as we all know, there are many other factors!!!

Me too.

What's you thinking behind this Darren?

'I think this will retest the 312 support this week.
I think you guys are kidding yourselves to be honest.
this will trade 250-325 for a while.
think we're due some real pain in the markets soon - probably shortly after us stimulus has hit. Big red days coming up and BP. Will be hit.'

Does it follow a FIFO rule? First in, First Out. Therefore if the first shares you bought were at 500p, then these would be the first sold. Other option may be a weighted average as the cost price. Half at 500p, half at 200p, WA = 350p

Liberium seems to have a history of recommending 'sell' and then not being right. Seems at odds with other broker views. Should we just ignore their rating?
I'm in the world of averaging down right now. Last purchase at 5700. Considering more at 5600 tomorrow if it gets there.

Hi Domtaz,
What was the main issue with HL? I've been using them for a year or so with no issues.
Thanks

Could you expand on that?

Senior exec from Aviva on radio 4 early yesterday stating they will sell off 30 companies with worst co2 emmissions unless they have a credible plan to for a green agenda. Looks like these institutional investors are going to help drive that and BP may be responding to that.

Ceders: How do you calculate if a share is 'overbought'? Thanks

Does anyone have any thoughts on this? John Burford discusses BP

https://www.youtube.com/watch?v=oN9poU3zi_c

some sub 200 club still here and still adding/holding :-)

HI Mojo. What source do you use to get your data for RSI calc? Thx
Rich

Hmm, sold out of RR today after a modest profit and added another 3000 BP shares. Now sat at 2.74 avg. I will look to go back into RR at below 100, but for now, BP looks a solid bet, especially with the divs still alive!

And if it does drop to 270 I’ll stick my last £100k in!!
Looks unlikely though.

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

JPM UPGRADES SHELL TO 'OVERWEIGHT' ON POSITIVE OUTLOOK
(Sharecast News) - JP Morgan upgraded Royal Dutch Shell shares to 'overweight; and increased its price target on the oil company as it took a positive view of the UK oil sector.
The investment bank increased its rating on Shell shares from 'neutral' and upped its price target to £17 from £16. JP Morgan left its 'overweight' rating on BP shares intact and trimmed its price target to 400p from 425p.

JP Morgan analysts predicted an oil "supercycle on the horizon" with demand likely to rebound as vaccines to prevent Covid-19 stem the pandemic. The pandemic has prompted big oil companies to rebase their dividends and accelerate plans to move into green energy, they said.

"While oil demand's rebound led by new vaccines is likely to be 'bumpy' owing to varying degrees of penetration rates in emerging markets, out commodities oil outlook models global consumption almost back to pre-2019 levels in 1H22," Christyan Malek and colleagues wrote in a note to clients.

https://www.opec.org/opec_web/en/press_room/6251.htm