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Halma its seems you are of sound mine 5% increasing risk free, I would imagine H and L will have a 5.5% fix for 12 months next week. I will get back into bp not for the dividend because i can get more been out at the moment in interest, but for the capital gains. Unfortunately the share price would have to be £4 to see the gains back up to £5. Today a small crash and tomorrow BP will be worth less as it pays out its dividends. £4 is the magic number.
How am I posting garbage. This is not my research. When oil was $95 I called $65 when all you investors said no no $120 + + We are now looking at BoE 6-7 percent interest if oil goes $120 interest rate will go 14 percent. A 1200 a month mortgage will be about £10k a year MORE at 6 percent and at 14 percent £30k a year MORE. But that’s ok BP share price will be £5 + again.
I expect another few days of good trading for the brave and then a drop. Let’s face it shares been bought to protect the millions investors are down to give them the rights to block a cheap take over. Then share price will drop in the short term.
Oil price $35 by 2030 and £24 by 2050. Are these price adjusted for inflation????
https://oilprice.com/Latest-Energy-News/World-News/Global-Fossil-Fuel-Use-To-Sink-65-by-2050-CER.html
It seems there was just a few days of buying as a measure to protect the large holding of involved investors. How these investors have there required shares I can see the share price dropping back down to 325.
If bp is £4 before we are actually in a technical recession this will be bad as the share price may drop to below 365 before a slow recovery back to £5. BoE should just put rates up to 7-8 percent now and hold for 1 year to sort inflation out. If there is only a 0.25 percent rise we will have a market crash.
Interest rates go up Thursday so even a better return cash in the bank. 1 year fix will get you 5.5 percent next week. BP offers 4.6 percent and most likely a drop down to £4 a share in the next couple of quarters.