Bp Share Discussion Threads

[hellscream] 06/7/2017 16:49

what about all that lost tax revenue for the government buywell? who's gonna pay your kids tax credits?

[smurfy2001] 06/7/2017 12:24

There will always be a demand for oil to fry mcdonald's fries

[alphorn] 06/7/2017 11:21

I am long BP but I do believe that electric cars will be here quicker than most expect.

edit: France plans to end the sale of petrol and diesel cars in the country by 2040, according to the country's new environment minister, (10mins ago).

[buywell3] 06/7/2017 09:41

Volvo is now owned by a Chinese company

If you guys think that car manufacturers in Japan and Korea and the EU are going to sit still whilst China wins major market share off them in the new electric car market then think again.

In the USA Tesla recently became worth more than Ford Motors
Thus far Tesla has concentrated on the more sports/fast electric car.
It will be interesting to see if and when the make offering/s in the more ordinary type of electric car.

OIL and petrol will always be cheap in the USA though.


Also now watch OPEC react to the Volvo news plus even more reaction when another big car company makes a similar announcement.

OIL could now hit $25 in 2 to 3 years ... maybe even quicker depending upon electric car newsflow and take-up

Diesel car sales are tanking

[g4ssg] 06/7/2017 09:33

I don't think there will be many electric hgv's/ships or planes in the future
oil is used to make many things!
it will be way into the future before batteries replace the combustion engine.
oil would have run out then and be un -obtainium + very expensive?

[pdriccio] 06/7/2017 09:32

What's going to charge all these batteries?

[parvo] 06/7/2017 09:26

If you really believe the most densely populated and developing nations will be electric automotive by 2040; that's a dream Not a reality.

[stevenrevell] 06/7/2017 09:22

I will have taken lots off divis by 2040 from bp

[steve73] 06/7/2017 09:15

The Guardian report I've just read on the Volvo cars was suggesting that electric cars would make up around 35% at most of all new car sales by 2040...
Strikes me as a pretty low rate of take up.

My estimate based on this data is that this EV's will make up less than 20% of all cars worldwide at that date, with even more ICE vehicles than now.

[buywell3] 06/7/2017 08:13

I trust you guys have seen Volvo are switching away from petrol and diesel

OIL is going to become a dead stock for vehicles within 10 years IN THE MAIN for new cars.

Companies like BP. should have been divesting OIL assets and investing into other profit making companies with future growth.

OIL is going to be in massive over supply within 10 years

Bet you haven't heard that one before

[smurfy2001] 04/7/2017 22:59

Next Ex-dividend is 09 Aug 2017. Hope to exit and get another trade in before this date.

[pdriccio] 04/7/2017 21:16

I dont see it that level anytime soon. I think sterling has peaked. I'm Very sceptical over the tightening of monetary policy...markets are saying that now too. dyor imho

[parvo] 04/7/2017 17:38

Will it hold?? I'd quite like to enter at 430p; any chance?

[ny boy] 03/7/2017 09:10

Good entry point if 444p holds

[smurfy2001] 02/7/2017 17:44

It's going to be a case of holding on and taking the dividends on the way if needed until l hit my 470+ target.

[leafysuburb] 01/7/2017 08:00

Well it looks like your 450p prediction was correct Smurfy 2001 and slightly more.

There seems though to be negative analyst sentiment towards the sector presently so it may go a bit lower yet and let you grab a further amount.

[bracke] 30/6/2017 16:03

grahamite

I should be but unfortunately I'm not. It's a personal thing between me and AHT....It's got it in for me............one day.

Here's an updated chart. As you can see it is in a sideways channel and has reached the Upper Parallel so it's decision time. A break to the upside should see £5.00, a break to the downside £4.12.

BP. DAILY

[grahamite2] 30/6/2017 10:05

Thank you bracke.

You must be rolling in wealth thanks to AHT!

[ny boy] 30/6/2017 09:07

Excellent pull back but needs to hold 444p support or in danger of a visit to 367p, not sure yet if the latter comes into play yet?

[steve73] 30/6/2017 04:52

Price dropping here as $/GBP weakens, and the GBP dividend drops...

Oil price has no influence here unless there's a chance of divi growth - or a cut.

[hellscream] 29/6/2017 12:44

look at the boe giving it the talk of the talk, all I smell is bs.

[hellscream] 29/6/2017 11:42

oil up last few days..yet still it pulls us to 450, must be a magic number.

[karateboy] 28/6/2017 20:14

This thump down edit is still here. You can find these ediots in penny shares but not in here. I think he must has got lost from his herds.

[uncle_sam] 27/6/2017 10:46

Nicebut: Arconic documentation clearly said DON'T install that particular cladding above 10m but warnings IGNORED. Google it. UK lawyers will undoubtedly try it on against Arconic but the Grenfell Tower fire and failings are nothing like BP's Deepwater Horizon fiasco.