Member Info for Stanleys

Https://www.advisorperspectives.com/articles/2025/02/25/bp-has-final-chance-return-big-payouts

Election closed for me on Friday (Ajbell) and they have now removed them from my account so I can not trade them anyway. Like you gone all cash.

I went a couple of years ago. There isn't a lot of space so yes they don't want the hoards turning up. The formalities don't take long and then Majid was very happy to answer as many questions as were asked, so I would go if you want and there was ☕.

I owned it a few years ago and made some good money before selling out. Last year I decided (wisely in retrospect) to get back into Japan and saw how this stock had gone down so bought in again. Great call huh?

Agreed Pedro my thinking exactly

I own the 6.5% which is 100% guaranteed as opposed to 20% on this one . The offer is to convert current bonds to the new offering. Seems to me that the lower risk option is to buy gilts or treasuries and get 5%+ as well as the capital appreciation once rates drop as we enter recessiln

Also next the next OPEC meeting is scheduled for 4th of June 2023. Should be interesting

You think OPEC is going to let oil drop to 30?

I have held the view for a long time that the management's priority is to get a sale or deal done. When I asked Majid before about takeovers at the agm he answered enthusiasticly that was definitely in his site. He also bigged up John Festival as a deal maker on another call.
If regular shareholders were important they would do their PR and get their results out on time. Aimho.

NICE. Over 1m cut for OPEC

Added today...Oil looking oversold and likely to retrace. Also in expectation of some good news from i3e in the next few days

https://twitter.com/Ole_S_Hansen/status/1638608443572363271?s=20

102K no

Agreed. It needs to hold 20p first - awaiting some good news this month

Most pundits I hear still seeing 100. Interesting observation from GS that oil is more sensitive to spot shocks.

GS asks: "Why have oil prices not risen over the past three months despite sharp rises in 2023-2024 global GDP growth expectations?"

GS answers: "Our main answer is that the oil market, which remains in a spot surplus, is much more a spot asset than an anticipatory asset."

Great interview just after 9 on bloomberg this morning. Sees oil back at $100 later this year and commodities supercycle still well underway. Important day today imo with China beat overnight

Bloomberg

Great interview just after 9 this morning. Sees oil back at $100 later this year and commodities supercycle still well underway. Important day today imo with China beat overnight

Have to say I agree. A lot about investing is confidence and if they keep missing their own stated deadlines then it just undermines things. Lets hope it's worth the wait!

I asked majid at the agm if they were up for sale and he said that he was no longer a spring chicken and was thinking about his exit plan. He also highlighted yesterday John festival's track record as a deal maker which he didn't need to do so yes I think he will be very keen to sell.

Now cleared 700,looking for a retest of ATH at 805