Member Info for stevebt

The rumours/hopes of a BP takeover have been around for years, BP won’t get taken oven but I’m quite happy if I’m wrong

I read they think there will be three rate cuts this year but a cut this month is 100% expected.

Well they have been saying string sell for months but as of today it’s finally changed to weak buy. Looks like it may be getting better?

https://www.barchart.com/stocks/quotes/PSN.LN/overview

They remain positive to increase returns in the medium term, even an extra 20p a year will be good news for me .

Big companies who short will have good chartists who know what they are doing not just guessing the price will drop.

Denby, I’m not selling till we are in the £20’s and the ones in my pension I may just leave. I can wait years for it to recover as I see it low risk but annoying on how the share price is.

With a faster growing construction/housing market lots of other businesses have more growth as furnishings, housewares, carpets, cafes etc all gain from people spending their money.

I thought the results looked worse than what was expected and suspect another drop this morning.

Even though this government led with promises of helping people buy houses all they have done is make it harder and I can’t see them helping anyone as they need more help trying to dig themselves out of the hole they have created.

Isn’t BP’s debt as high because they have spent billions buying nearly a third of the company back at today’s share count?

BP opened at $28.20 yesterday and after hours trading has BP closing at $28.21. That doesn’t look like a 2.4% increase to me.

Well I’m in BP till at least the 13th may as a day or two after it will get the dividend payment drop so I would rather sell out as the drop is always more than the dividend.

Don’t do it, I’m a few thousand down at the moment with BP but if I had just went with card factory like I said I’d be a few thousand up.

Over the last few years BP has bought back nearly 5bn shares which as it stands now is nearly a third of the company. Are they just going to do buybacks until they have bought all the company back.

I’m sure raising the dividend to pre Covid levels would be of more advantage to share holders? The amount they have bought back saves them about £1bn a year in dividends alone.

It’s just how long can they justify constant buybacks?

I know the American market is closed but right now on AJ Bell share dealing it’s saying just over $31 if you want to place an order now.

The American BP is up 7% at close yesterday so that will be a minimum for today’s opening? All those waiting for more drops before buying will just have to realise they missed it this time

I bet Trump has made lots of his friends rich by crashing the market

No one adding Standard life as they are down to £1.20 now

Companies will still buy from china as products they make are that cheap. Also American products will be going up in price with all this volatility.

Doesn’t Bp still own the 20% stake ? As I never heard of a buyer for such a large chunk of shares.