Firmly believe that BP is below the radar, due to the environmentalist brainwashing everyone seems to have received over the past 16 months.
Once people acknowledge we are going through a very long term transition (the media portrays this as an overnight swap), Gordon Gekko's time immemorial phrase will come to the fore.
Well overdue a re-pricing, and as soon as retail get on board, its going be a rapid liftoff imho.
Good to see Bitcoin finally wallowing in a pit of despair. Once the 29,000 barrier is breached, the backside will fall out of it. Too many amateur technical analysts keeping it topped up at the moment.
They can have a factory the size of an Amazon warehouse. If it’s not full of kit and producing revenue, it’s a wasted investment in my eyes. What percentage increase in shop floor space vs how many track printing machines vs how much new business? Seems to me that floor space has been procured without firm orders.
I wouldn’t call 13% down and a 15p bid-ask spread a great start to the morning to be honest. I would have expected revenues to been up a lot more than they are; whilst it’s a great product, it seems that they are struggling to get customers in at present. A long term hold for me; but too many AIM stonks have gone the same way, promising much and delivering loss after loss
where is best to look from a metals perspective to do some research? Im looking at diversifying into miners, particularly anything that isnt gold. Who would you recommend? Im after steady gains and divvy, NOT AIM lose all your cash trash.
Fortunately, the politicians have said tonight that it will have to get pretty much to grannygeddon before they revert to draconian lockdown. About time to benefit from the rather huge volume of Money that has been generated and in the system at present. Party on! ??
Not sure the costs haven’t been scaled back - BP had a huge redundancy programme, plus disposals seem to be trimming the dead wood from the company’s balance sheet. That field they sold in scotland was well past it’s best. BP have also avoided having to pay disposal costs. Be interesting to see the next balance sheet and see what impact on costs their strategy is having.