BG Group Share Discussion Threads

[tweeeek] 08/11/2012 13:07

Oh dear more profit warnings, and need of funds maybe next drop to £10 then £8 then £6 ideal short.

[miata] 08/11/2012 12:11

The gist from Deutsche Bank:
"From a profit perspective and assuming gas delivered into Chile is essentially Hub plus, we estimate that the profit impact on BG's LNG trading business at likely under $100m net should be relatively limited. The move will however do little to enhance the group's reputation."

[elmfield] 07/11/2012 20:42

No rush to buy back in here or most other places either.

[iwillbe] 07/11/2012 16:18

Well the election went down well then.

[tweeeek] 07/11/2012 13:15

Slipping away nicely today.

[the bear man] 06/11/2012 16:57

i am quite shocked the newspapers, magazines etc are all still saying BUY given its looking like no earning growth for some time and quite likely increasing debt levels over the next year

[tweeeek] 05/11/2012 09:01

A big fat short an opportunity not to be missed, Timberrrrrrrrrrrrrrrrrrrrr.

[philo124] 04/11/2012 22:33

Have a great time phil!

[the bear man] 04/11/2012 21:22

shock republican win on tuesday... dow plunges 1000... could it really happen?

ps, have a nice time in nice, nice time to take a break !

[philanderer] 04/11/2012 20:55

Evening TBM - yep looking like sub 1050p tomorrow with the FTSE futures pointing well down in addition to that oil price you mention.

On the bright side , flying off to Nice, south of france, early tomorrow for the week , top surprise birthday present from my lovely wife.... and yes she`s coming with me :-D

Luck to all.

[the bear man] 04/11/2012 20:42

lol. and meanwhile the oil price is plunging...

Oil prices fall on stronger dollar and supply boost

[philanderer] 04/11/2012 20:33

BG PR department having a hopeless one :-)

And in yesterday`s FT:

....By next February Sir Frank want to have convinced investors that BG, following his departure, will be able to maintain the managerial wherewithal and balance sheet strength to thrive as a maturing independent exploration and production player through this decade and beyond.

But only if it survives that long. "You could see Exxon coming in, or the Chinese, in some kind of consortium," said one investor. "Everyone's been enviously looking at BG and all of a sudden, it's not so out of reach."

[philanderer] 04/11/2012 17:55

FWIW - a chartists view...

Weakness Overdone At BG Group?

[philanderer] 04/11/2012 17:53

And a very negative Lex Column in FT yesterday saying..

"The problem for oil producers is that global demand for oil is growing at only half the pace of the years before the global financial crisis. For the international oil companies and their shareholders, all those zeros may actually be less important than they look."

[the bear man] 04/11/2012 13:29

another article in the FT was arguing that the 44% premium to the sector was no longer warranted

[the bear man] 04/11/2012 13:26

according to the FT, Deustche Bank cut is 2014 EPS by 20%. but the shares only fell 18% last week, so on that basis the rating has actually increased!

[flyfisher] 04/11/2012 08:50

Phil , thanks for posting the link , some searching questions asked by jason kenney and an unusual ending , ''phone us after and we will discuss it '' - no more questions .

It appears that guidance had been too high with the brazil outlook being ahead of the operators view , exacerbated by problems in egypt and in the north sea.

The analysts seemed concerned that the australia deal with cnooc , was not at a profit , i would therefore presume that the sale was effected in order to raise some cash and reduce the bg. share of capex for the project.

Pretty negative stuff .

[philanderer] 02/11/2012 17:45

BG Group Management Discusses Q3 2012 Results - Earnings Call Transcript

from wednesday - a really good read.




Good weekend all.... Skyfall and QPR v Reading for me :-)

[philanderer] 02/11/2012 16:13

Hi mikejay.

I`m ok so far, 1093p is break even on my 2,000 shareholding. All bought and paid for so not a problem.

Are you short BG. ?

[the bear man] 02/11/2012 15:53

even more extreme on dividend yields

[zulu001] 02/11/2012 15:51

Current P/E
BG 17.7
RDSB 7.5
BP 5.5

Net Tangible Asset Value Per Share
BG 425p
RDSB 4039p
BP 264p


So still expensive without near-term growth.