Member Info for upomega

Don't forget we have the budget in two days time. You never know with both oil and gas at current levels we could be given a respite in some way.
Even without that we are now at a level where the share price will attract a diverse group of buyers inmo.

Thanks Nightpusher

Hopefully someone can answer this. Does Hmg own shares directly or indirectly in BP.

As posted by a number of lth bwe must nearly be at a valuation taking into account the new shares. Which bodes the question.Are we being packaged up for a sale. If so I hope BP is the acquirer.

Without stating the obvious
Serica is now a extremely good buy. Even if our inept government and the next government inflict further taxes. I really do think the company should return all surplus cash to existing shareholders pronto. Which has been said before by numerous posters on this bb. Otherwise it is looking more and more like a certain few are benefiting by the cash build here. Maybe they have taken a leaf out of HMGs book and followed suit inmho. ???.
Off now to read a poem in my local,and afterwards as a nasty selfish person i am going to to my local leisure centre for the forth time in eighteen months . and hasten to add having kept my membership throughout the so called lockdown. If that is ok with the wokes out there.

To all the wokes I've loved before
Who traveled in and out my door
I'm glad you came along
I dedicate my posts to you
Great Britain were getting there inmho, so dyor.

Very sad to hear about your partner and good to hear that your MP did at least listen. Fwiw i going to contact my MP and use yourself along with my comments as a good example as to what is occuring.
Logging off now as i have a dental appointment.
As regards to Serica . Hopefully we will get a bounce from these levels
atb

TerryM1. Its a very sad state of affairs when this country is losing people such as yourself. I am also seriously considering doing something overseas myself. One of my other thoughts is to take most of my funds out of investments and buy the most expensive property i can. Then do equity release as and when i require funds. Both main home residential and equity release are currently tax free.
Also you really should send your post to your local MP and tabloid press. Someone somewhere will hopefully start to question what is happening.

I know TerryMi. I am similar to you. I cannot believe what is happening. I spent many years building up my portfolio from practically nothing . Only to have it stollen by HMG with their unfare and ill thought through taxes. To top it all they are now talking about putting a cap on Isa . Meaning capital gains and income tax would be payable.
The garbage they are now spouting is to encourage early retirees back to work ( iam one of those ). We all know how they will do that. They will implement further taxes (such as isa) to in effect force you back to work.So we now have a concervative government that punishes anyone who has saved and invested over the years.

To all the wokes I've loved before
Bring back Ken. Ken for pm.

The Danger now is that the current gvnmt will do it's up most to create a mess for Labour. I.e up wft at the minimum.once again this is a crime against the citizens of this country. Short of physical damage hmg would result to anything if they think they could get away with it.
Hopefully our civil servants and security services will prevent this before untold damage for a generation occurs inmho so dyor only my opinion etc etc

If you call a one percent drop on the futures market as tumbling. Then you were evidently not around in 87,and the subsequent drops since.
Maybe the fall has something to do with year end tax.???

Don't worry BP and she'll will do alright.The gvnmt will say what a success story BP is.

You should try the hop mommur. I once did twenty miles and one the cup for the school.

You all know how I feel. This current parliament and the last one maybe even going back further. Are inmv a crime against its citizens. Maybe the civil service should just run everything without any input from this mob. What resonates with me is Oliver Cromwell dispensing with parliament for a time. Inmv

Aimgambler123. I am afraid this is the UK all over. I've held many biotechs and scientific companies over the years. All were undervalued in the early stages against their U.S peers. Having said that most came good in the end either by takeovers or market sentiment. Having said that this is an excellent move by the company inmv

Its a shame if that is still the case NormaStits inmv

If todays events hasnt made Serica think more closely about this deal. In terms of a renogatiating it or cancelling it altogether . Then what will. having said that i am still hopefull that they are working on an overseas adventure which will take us away from the UK and most importantly attract new investors as we will not soley be concentrating on the UK. I wonder what the so called institutions feel about this now??

What is going to be interesting is the dividend. We will have a dividend yield of over eight percent just to match last years. I hope that they do not cut the dividend to reduce the yield.

Does it matter HMG will simply purchase it from the states and quitar where their taxes are lower , but BP will still benifit as its their lng anyway. Great britain were getting there. We may even win the Eurovision contest. Way to go.

Come on Oilman1984. This is not good which way you look at this. We not only have to contend with HMG , but a lack of pr from the company promoting the deal. This is not a communist state yet. They are not gagged.Or are they.
Many times this has been raised with no response from the Pension funds. Why do you find this this a good deal when many other investors do not ???
I have broadened my age group to now eighty. The spectrum of people range from school child studying gcse , uni students . city proffesionals in thier twenties, thirties and forties and retired proffesionals.
All came up with the same conclusion. Who has made money from this deal and is it legal???