Member Info for russ1983

Will drop heavily tomorrow as Bloomberg reporting that they are looking at a takeover of direct line

Oh dear down we go then unless The hope is they aren't issuing an RNS to deny speculation there has been talks or contact made

I expect an 80p lowball bid. Like what happened with Currys etc and other beaten down UK stocks

Unbelievable it's like we haven't had any news of bidders circling...I bought at 70 ,now some at 68p. Itv studios a prized asset

Only 70 at open! Bought straight in as thought would open 80p+

No RNS this morning....so no approach been made

Finally the news we needed. Sky news says a number of bidders are circling for all or part of the company

Especially in the UK, so many shares punished this week while US market blew to record highs as usual....

15 billion wipeout...

China related.....it always seems like British companies that get into these situations...

Dozens of senior executives at AstraZeneca China are expected to be implicated in the largest insurance fraud case in the nation's pharmaceutical sector in years, reports financial media firm Yicai

It's a good income producing share unless oil collapses further and they would have to cut it as well as buybacks...

Hopefully some big storms will lift wind output

UK Wind Generation Poised for Record as Storm Ashley Approaches https://www.bloomberg.com/news/articles/2024-10-18/uk-wind-generation-poised-for-record-as-storm-ashley-approaches

Unloved and punished by any movements in oil, while Exxon sits close to a record. I just hope exxon try a takeover bid. They could pick BP up so cheap Vs their own valuation

Brutal collapse in share price as expected..

How could you miss 80m?!

No reaction from share price to news

Sentiment is so negative against BP, Brent could be $90 and share price will barely move. Exxon in the US is near a record high...

£1 by close today at this rate

Down to 1.11 before in auction again. We might struggle to hold £1

Tanked at open as expected...