BG Group Share Discussion Threads

[iwillbe] 28/11/2012 09:50

Nevertheless, Petrobras have an impressive war chest.

[tweeeek] 28/11/2012 09:43

Its complete hogwash, it cannot sustain these prices and will slip.

[ohisay] 28/11/2012 08:47

Petrobras still in expansionary mode.

[philanderer] 26/11/2012 23:12

The 3 Biggest Risks Facing BG Group

[tweeeek] 26/11/2012 12:18

These numbers are just guff, I can only see this as a short.

[philanderer] 26/11/2012 12:08

26th nov Sanford C Bernstein outperform tp 1900p

reiterates

[philanderer] 26/11/2012 09:18

News of a name for the replacement CEO would help.

[mark10101] 26/11/2012 09:07

I am long BG but fully expect them to fall to new recent lows before a credible take over approach happens, if at all. Never seen the city allow people to accumulate at near lows while a credible take over talk is happening. The door is shut over night then the shares gaps up.

[arja] 26/11/2012 08:52

so much for takeover talk as it falls today so far but market weak overall !

[philanderer] 24/11/2012 23:26

TMF - Harvey Jones sizes up Marks & Spencer (LSE: MKS), Rio Tinto (LSE: RIO), BG Group (LSE: BG.), Legal & General Group (LSE: LGEN) and Old Mutual (LSE: OML).

BG Group (LSE: BG) fell off a cliff of its own making last month, after warning investors they shouldn't expect any growth next year. For anybody who likes buying good shares on bad news, it looked like the perfect time to pose the question: should I buy BG Group? After dropping 25% to £10, the stock has recovered around 7% to £10.70 at time of writing, so maybe we have already missed the moment. Yet this rebound was largely due to takeover rumours, rather than any fundamental change in the company's fortunes. BG Group is tidying up its balance sheet, completing the sale of its 60% holding in Comgas for around £1 billion, and paying down £600,000 worth of debt. But if you plan to hold for at least five years, it remains a tempting buy.

[falklands] 24/11/2012 20:46

Or Chrisoil twitter smart cookie anything to do with oil stocks

[philanderer] 24/11/2012 00:16

Photo of the week: Hasdrubal gas processing plant, Tunisia

https://twitter.com/BGGroup/status/271983123712057344/photo/1

[arja] 23/11/2012 16:12

good call but disappointing it has not done anything on a bullish day like today although looked like it would kick on early this afternoon !

[philanderer] 23/11/2012 15:25

That chart fella earlier this week is looking spot on. Resistance around 1085p. Could take some good news release to get past there ?

[philo124] 23/11/2012 08:46

I think everybody and their Auntie would take £13.

[killing_time] 23/11/2012 08:42

Good points simon, do you have an opinion on a take over by Sinopec?.

[simon8] 23/11/2012 08:36

Dont forget Petrobras are capital constrained themselves, have a huge capex program in Brazil, taking on BG just wouldn't make sense currently and they would then not only have to find the cash to buy the company but also going forward find the cash to take BG's % interest spend on the Brazilian fields not to mention the other huge cash drain projects BG currently has. IMO the Daily Mail article is absolute rubbish..... if any one was to bid then my gamble would be BP... the BG LNG business would put them on a par in that area with Exxon and Shell and the Brazil reserves would beef up their reserves post TNK exit......

[killing_time] 23/11/2012 08:28

Thanks philanderer.

I was a bit shocked by the Daily Mails take over target of £20 a share as i would expect any company coming in to offer around £15, but the main reason for buying in at this level is that imo i can see this heading back up to £13 over the next 12 months.

Petrobras has been linked with a take over of BG Group for a few years now so if there was any truth in it they must of done the numbers on BG, so imo if they really like BG they will make a bid with the share price at these levels but if no bid materializes then we can safely say that they are not interested and i would expect no bids in the future. KT.

[sportbilly1976] 23/11/2012 08:18

So HB have some influential clients who wish to sell and are trying to get the share price up then... :)

[philanderer] 22/11/2012 17:03

Here`s a link to that HB Markets 'strong buy' note with a 1700p target ( thanks to Hardboy on iii )

[mrthomas] 22/11/2012 17:01

Brought in a few days ago and like others be watching and first time in but am not sure what to do if the gain in the next month is over 10% as BP has a dividend yield of say 4/5% and a PE of what 8 or less
Of course if there a bid then can see this rise by more going to be interesting
Worried about cap ex and cash flow with BG and as no real dividends you buying into share price

[philo124] 22/11/2012 16:51

£15 bid would succeed imo & in the long term it would prove a steel.

[philanderer] 22/11/2012 10:37

22nd november HB Markets 'strong buy'