BG Group Share Discussion Threads

[scottishfield] 23/1/2012 12:00

Interesting (not that I rate alphaville particularly) anyway, tks Phil

[philanderer] 23/1/2012 11:54

FT Alphaville talking about Cove this morning...


PM
But we've got a while to wait on Cove. Bidding process doesn't actually get underway until the back end of next month apparently.
PM
There's also been talk of a couple of Indian firms being interested in Cove
PM
ONGC Videsh – part of the state owned Oil and Natural Gas Corp
PM
And GAIL India
PM
Everyone want to get into Mozambique
BE
Hm.
PM
(euro thru 1.30 finally)
BE
I'd imagine all the Rovumo partners (bar Anadarko) will be having a look.
BE
Mitsui, ENH, Bharat, Videocon .....
PM
(Lorcan: wot?)
BE
Plausible that Total and BG might get involved too.
BE
Given they're in Kenya with Cove.
BE
It's throw a dart stuff at the moment though, to be honest.
PM
okay, we can come back to it

[philanderer] 23/1/2012 09:22

Brent crude trades up 40 cents at $110.26/barrel in London. ...EU official, German Foreign Minister Westerwelle says Iran oil embargo agreed.

Still no movement on greek debt talks though.

[philanderer] 23/1/2012 00:12

No deal on greek debt........ Nymex down to $97.50 at present.

[philanderer] 22/1/2012 20:22

GGCL bidders not keen to pay premium

'UK-based BG Group initiates negotiations with shortlisted bidding groups'

Mumbai Jan 23, 2012

[bionicdog] 22/1/2012 11:29

What's that got to do with BG.?
Oh it's a pathetic ramp.

[philanderer] 20/1/2012 16:17

Yet again that 1470p seems elusive to break and hold... always next week ;-)

"Crude slipped towards bottom end of recent range as concerns about China slowdown & no progress in Greece produces slippage on recent gains"

[miata] 20/1/2012 14:06

"BG's annual strategy update tends to be a positive catalyst for the shares, and Credit Suisse expect 2012 to be the same. BG should give some guidance on the "opportunity loss" from the 2010-11 pricing hedges in LNG (liquefied natural gas), and reiterate its bullish view on the LNG market post-Fukushima," analysts said.

[philanderer] 20/1/2012 13:50

Sure is, could do with holding at this level now. May get a rebound if the US starts well.

Hopeful of a greek solution today as well.

[melf] 20/1/2012 13:38

Despite that Phil, it's still taking a hammering.

[philanderer] 20/1/2012 12:40

Midday 1457p - 1458p


LONDON (SHARECAST) - Credit Suisse slashed its fourth quarter earnings per share (EPS) across the global Integrated Oil sector, assessing its coverage on UK stocks Shell, BP and BG.

For Royal Dutch Shell, Credit Suisse anticipates a "particularly weak" fourth quarter and cut its EPS forecast by 29%. An outperform rating is kept though.

For BP, the broker has cut its fourth quarter EPS estimate by 9% but reiterated its outperform recommendation on the stock.

However, one stock that withstood any fourth quarter downgrades was BG Group which remains Credit Suisse's 'focus list stock'. An outperform rating was maintained also.

[philanderer] 20/1/2012 11:24

Financial Times (Lex): Whether through export, supply reduction or greater industrial uses, natural gas eventually will find bidders at higher relative prices.

[philanderer] 20/1/2012 11:13

Morning Melf, struggling for that 1470p again, oil weaker today.

20th jan Credit Suisse 'outperform' TP 1730p

reiterates.

[melf] 20/1/2012 09:37

Not a great start today Phil.......Apple or Greece?....I know where I'd rather have my hard earned invested.

[philanderer] 19/1/2012 23:17

Thanks Melf.

Good consolidation above 1470p and fair market conditions could well give us a run up to 1540/1550p as the feb 9th results approach.

[melf] 19/1/2012 20:31

BG. Buy recommendation at 1469p in this week's Shares magazine stating "BG should reveal a positive outlook alongside its own full year numbers buoyed by the strength of the LNG market and the continuing exploitation of its prized assets offshore Brazil".

[philanderer] 19/1/2012 20:01

Apple's market cap breaks through $400bn, making the company worth more than Greece :-O

[philanderer] 19/1/2012 15:17

Here`s that funny one...

19th jan AlphaValue add TP 1631p

reiterates.