The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Vote winning politics at its worst!. Did BP and Shell ask home owners for a handout when they made their worst loss in decades? Did I ask for help stuck on £26 per share when price went down to just below £9.0. Also who do they think is going to invest the billions in renewable energy and energy efficiency? Of course labour would, with our money! headline grabbing politics.
It is an emotional response and not a logical one, the Russian companies will take these assets thank you very much and the proceeds and the IP that accompanies them, far better to maintain control and ownership, EE n if all profits from the revenue generated went to rebuild or support Ukraine.
For avoidance of doubt, I am totally pro Ukraine and not supportive in any way of the terrible wrongdoing going on under our eyes but this strategy gives them extra revenue, not less
Am guessing the dividend must have a lot to do with the share price, if it was still 47c then think share price would be closer to previous prices although the push for renewables and electric had gathered a pace since 2017. This is the future for shell and bp
Brent up 9% at the moment and divi payment date soon. Need some good news as was stuck on 26.5 per share but managed to ave down to 21, so close but so far several times now, here’s hoping we eventually cross the 21 barrier but keep taking div till we do
Is this drop a bit of profit taking coupled with the rumor that the talks between USA and IRAN are going well and that this may lead to the removal of sanctions and IRAN oil flooding into the market?. Saying this, I have also picked up that even with this happening, xyz refinery is down, you have the uncertainty over Russia and Ukraine and global capacity still will not keep up with increasing demand so short to mid term prices for oil and gas look to remain high. Add to this that China is moving away from coal at pace and absorbing a lot of gas in its place
the madness is the move to renewable energy and the energy savings programmes that were slashed under Cameron in 2013 should be shielding home owners from high energy prices, Gov seem to think a handout every year is the way to go rather that using a single chunk of money to stop us using so much in the first place, it is like giving money to buy and supply water every year to countries in drought rather than using the money to build the infrastructure to ensure the supply is maintained.
Of course moving everyone to electricity (unless self generating) is a disaster as electricity far less efficient and significantly more expensive
Oil tanker capable of carrying 2 million barrels explodes off coast of Nigeria
Averaged down to £21 from £26 last year, taking the div in meantime and praying to get the number to reduce holding to diversify, any views in likelihood of hitting this number when div shows no real sign of getting back to previous %
Also must have something to do with not looking like money is falling off the trees when consumers are looking at doubling their fuel bills and Gov are being goaded into a windfall tax for oil and gas to support suspending the consumer based green taxes
Me for one, was at 26, averaged down to 21, biding time and taking divi
I held these at the time when they were 26, averaged down to 21 with recent drops and buying when I can but no doubt could have dealt with the shares better than I have. Taking the dividends and buying more shares when prices were low. Never seem to take the downs and sell on the ups, just stuck with high price and using what little extra I have to average down
Seems you are spot on, gov were telling industry today the prices will continue to rise for 18 months at least and then this article tonight
https://www.bbc.co.uk/news/business-58824121
Good news for RDS