Ineos seems a great company but its had its nice run recently. With the market high I wouldn't buy them. Find something thats been hammered but is still good. I'm 5 × my original stake over 20 years. Always buying stocks that have fallen a long way for no real reason. Never get on a trend because it might be the top. Although 2007/2008 it went very wrong for me. :)
BP, Shell, Exxon, Chevron etc are all sure bets in the short term in my opinion. But long term they aren't. The small shale oils etc are too risky for me. I also like British banks for the long term but stay diversified.
Just read that recycling plastic is rather pointless. The EU is the best at 30%. Everywhere else not very good at all. Plus a lot of energy is used in the recycling process. Peak plastic demand will be about 2027. Governments will be preventing the production of plastic in the future. This is all very bad news for oil companies. I'm not talking down my own shares here. I believe BP will hit £5.50 very soon because planes and cars will soon be moving. But in the looooong term I'm out of oil. I'm very Conservative but seeing sea creatures suffering is very upsetting. I'm against trawlers also because that is very cruel. My favorite dinner is roast potato, a selection of organic vegetables and Bisto best, which is very fine gravy. So to summarize. BP strong buy in the short term. £5.50 within 16 months and then sell before the always snailpace governments get their a** in gear. Save the Whales and turtles.
Razu: I get fed up because I know what is happening from my social media accounts and they never make the news. Its part of the plan of the Davos banksters.
Petrofac has been hammered which always gets me interested, but the serious fraud office is looking at them. It may be nothing, but its a gamble. I prefer more certainty nowadays. You could lose or profit by a lot.
A lot of yesterdays comments have disappeared. Wiped away by god. No trace of 'wisdom' at all. Peace restored thankfully. As for BP its moving nicely today and oyl is oop. All is good again.
When da oyl price ticks up. We go up. Very good. My number plate on my motorbike is BG***OYL. Just by luck. I didn't buy it. A good omen. Maybe its worth a few hundred? But I'll keep it. I like it.
Big Tech has shut down President Trump. They are running America. Its a serious matter. I believe he was robbed. Every advert is Sharky now. When you knows you knows....
Take your profits if you like. But BP lives between £4.50 and £6.00. Im bailing out at £5.50. Then I can buy that ship called 'Dignity'. Or I might call her 'Mudshark' because I'll be doing a lot of fishing off Kent.
RE: So anyone think we’ll hit £3 tomorrow?6 Jan 2021 19:17
The ADR would have opened at 2.30 so its not adding anything extra unless it suddenly moved upwards after 4.30. Only sentiment is counted if it moved after 4.30 obviously.
Hes having Harringtons now. A highly respected Yorkshire company. But expensive. Plus Weetabix, toast and cooked dinners. Hes much better now thankfully.