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Share Name Share Symbol Market Type Share ISIN Share Description
BG Grp. LSE:BG. London Ordinary Share GB0008762899 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1,062.00 - 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 10,959.4 2,016.4 46.4 21.7 36,345

BG Group Share Discussion Threads

Showing 3151 to 3173 of 4375 messages
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DateSubjectAuthorDiscuss
28/12/2012
17:14
Fancy a challenge and put your skills to the test!? Here are the oil stock competitions that sort out the boys/girls from the men/women! ;-) :-) http://uk.advfn.com/cmn/fbb/thread.php3?id=28847464 Best regards and Happy & Exciting New Year..... fb
flyingbull
21/12/2012
15:51
Philanderer , Your RRS looking better today and chart suggests that the gold price bottomed at 1635 which it hit twicen in recent days - good luck with it and I might look to trade it again soon !
arja
21/12/2012
09:24
so this is what a santa clause rally is - a real bloodbath today and Bg has reached the £10 support level quicker than we expected .
arja
21/12/2012
09:14
Sub 1000p and that`ll do it for me for this year. Off to sunnier climes then back to Amsterdam for the holidays. Happy christmas everyone. Back in the New Year.
philanderer
20/12/2012
12:22
From the note just out by Fred Lucas at JP Morgan Cazenove: If Repsol sells its LNG business, it will be the first major LNG business sale for many years. The read through for BG Group is especially relevant given the shared ownership of Atlantic LNG (BG average interest 30%) and the importance of the LNG stream to BG Group (> 33% 2012E EBIT). Although Repsol's LNG portfolio is fully invested (2012E-16E capex is just €0.2bn) and thus has a very attractive free cash flow profile, we believe that BG Group's LNG portfolio should command a multiple premium to Repsol's because (i) Growth - BG Group's portfolio is growing e.g. via QC LNG and Tanzania LNG; Repsol's portfolio has no identifiable growth and 2012 represents peak earnings (ii) Scale - BG Group's portfolio is almost 3x the scale of Repsol's e.g. Repsol LNG 2012E adjusted EBITDA $1.2bn versus BG Group's EBITDA $3.2bn (NB the profitability of BG Group's business in 2012 is suppressed by out-of-the-money hedging) (iii) Control – BG Group operates Atlantic and Egypt LNG; Repsol only controls the Canaport terminal. (iv) Diversion capability – although Repsol has some cargo diversion capability, BG Group is the market leader (v) Dual basin facing – once QC LNG is operational (2014), both portfolios will have efficient supply capabilities to both the Atlantic Basin and Asia Pacific. What the sales price could tell us about the value of BG Group's LNG franchise – In the table below, we show an equity value sensitivity for Repsol's LNG business. We confess that these kinds of businesses are tricky for us to value without detailed information on the LNG supply agreements (pricing and margin). Our NAV for BG Group's LNG business is $19.4bn or 350 pence per share – this equates to a 2012E EV/EBITDA multiple of 6.1x. If Repsol sells its LNG business for an equity value of €1.5bn the implied EV is €5.5bn and implied EV/EBITDA multiple is 6.4x - this is 4% higher than our NAV valuation of BG Group's LNG business. If Repsol sells its LNG business for an equity value of €2.5bn, this would imply a 2012 EV/EBITDA multiple of 7.5x which is 22% above BG Group's LNG NAV implied multiple. As we have reasoned, we believe that BG Group's LNG business merits a higher multiple. Furthermore, BG Group trades at a 40% discount to our NAV of £17. So, we feel that this transaction (if it occurs) could be a positive trigger for BG Group and provide the market with a salient and poignant reminder of the value that is absent BG Group's share price. We remain OVERWEIGHT BG Group.
miata
20/12/2012
12:20
FT Alphaville just now......... comment from Fred Lucas , who from memory is an analyst at JP Morgan.. some people talking about BG BG Group PLC (BG.:LSE): Last: 1,012, down 11 (-1.08%), High: 1,040, Low: 1,011, Volume: 2.65m NH bid rumour not working for the stale bulls BE Gradual dawning realisation that they're overvalued perhaps? NH yeah NH their Aussie projects may struggle to meet cost of capital NH and they seem NH to need cash NH for all their capex plan BE Yup. BE Brazil looks useful but against that you have Oz (no one wants more LNG in Oz) and Egypt (which is a hospital pass). NH how the mighty fall NH and a new CEO to boot BE Actually, there's a Fred Lucas note around on BG this morning. BE Fred's very good. BE El Confidential has reported that Repsol will today analyze a proposal for its LNG assets from China Industrial Corporation (CIC) in alliance GDF Suez. Sources privy to the transaction told the paper that the offer received stands at €1.5-2.0bn excluding debt. This is a very important transaction for Repsol, but it will also provide an important read through reference for BG Group's LNG portfolio. We do not know if the transaction will complete and, if it does, on what terms. However, this divestment by Repsol may be reaching a climax and we want to prepare investors for the possible consequences given the relevant read through to BG Group. BE Repsol's LNG portfolio – Repsol has built a simple and neat portfolio of LNG infrastructure (liquefaction & re-gasification), marketing rights and supply contracts. Its LNG strategy is one of return maximization i.e. divestment. We believe that the sale of its LNG business will help to maintain its investment grade credit rating and is key part of its 2012-16 debt reduction target of €7-9bn. Repsol's directly owned liquefaction assets comprise two export facilities – Peru LNG (20% - 1 train, start up 2010) and Atlantic LNG, Trinidad (23% - 4 trains, start up 1999-2005) – with a total net liquefaction capacity of 4.4 MT pa. Repsol has equity gas supplies in to both Atlantic LNG and Peru LNG facilities. Repsol has 100% of Peru LNG marketing rights (18 years from commissioning in June 2010) and has one long term supply contract to CFE (Mexico). Its key re-gasification asset is a 75% and controlling ownership of Canaport LNG (Canada) which can supply the New Brunswick and Maine markets. Its shipping assets (and those of Gas Natural) are managed via Stream, a 50-50 JV with Gas Natural (30.8% owned by Repsol). Stream does not own the ships; separately Repsol owns LNG ships and charters them on short and medium term agreements. BE Important read through to BG Group – If Repsol sells its LNG business, it will be the first major LNG business sale for many years. The read through for BG Group is especially relevant given the shared ownership of Atlantic LNG (BG average interest 30%) and the importance of the LNG stream to BG Group (> 33% 2012E EBIT). Although Repsol's LNG portfolio is fully invested (2012E-16E capex is just €0.2bn) and thus has a very attractive free cash flow profile, we believe that BG Group's LNG portfolio should command a multiple premium to Repsol's because (i) Growth - BG Group's portfolio is growing e.g. via QC LNG and Tanzania LNG; Repsol's portfolio has no identifiable growth and 2012 represents peak earnings (ii) Scale - BG Group's portfolio is almost 3x the scale of Repsol's e.g. Repsol LNG 2012E adjusted EBITDA $1.2bn versus BG Group's EBITDA $3.2bn (NB the profitability of BG Group's business in 2012 is suppressed by out-of-the-money hedging) (iii) Control – BG Group operates Atlantic and Egypt LNG; Repsol only controls the Canaport terminal. (iv) Diversion capability – although Repsol has some cargo diversion capability, BG Group is the market leader (v) Dual basin facing – once QC LNG is operational (2014), both portfolios will have efficient supply capabilities to both the Atlantic Basin and Asia Pacific. BE What the sales price could tell us about the value of BG Group's LNG franchise – In the table below, we show an equity value sensitivity for Repsol's LNG business. We confess that these kinds of businesses are tricky for us to value without detailed information on the LNG supply agreements (pricing and margin). Our NAV for BG Group's LNG business is $19.4bn or 350 pence per share – this equates to a 2012E EV/EBITDA multiple of 6.1x. If Repsol sells its LNG business for an equity value of €1.5bn the implied EV is €5.5bn and implied EV/EBITDA multiple is 6.4x - this is 4% higher than our NAV valuation of BG Group's LNG business. If Repsol sells its LNG business for an equity value of €2.5bn, this would imply a 2012 EV/EBITDA multiple of 7.5x which is 22% above BG Group's LNG NAV implied multiple. As we have reasoned, we believe that BG Group's LNG business merits a higher multiple. Furthermore, BG Group trades at a 40% discount to our NAV of £17. So, we feel that this transaction (if it occurs) could be a positive trigger for BG Group and provide the market with a salient and poignant reminder of the value that is absent BG Group's share price. We remain OVERWEIGHT BG Group. http://ftalphaville.ft.com/marketslive/2012-12-20/
philanderer
20/12/2012
11:24
can not believe I did not short BG after I sold and cut my loss ! It was a double top on chart and in theory could get to about £8 as tweeet suggests but I think £10 is a strong chart support level !
arja
20/12/2012
11:04
Thanks arja, as you say RRS a quality company and top management. Always something going on politically in Africa ;-)
philanderer
20/12/2012
10:37
morning philanderer , yes, tweeek certainly got it right and useful to have friends on the inside if it was not bulldust ! RRS is in a clear short term downtrend with gold price not helping but it is a quality producer and should come good in time I think assuming no nasty shocks on African political front . I traded RRS a lot some months ago with CFDs and , as you no doubt know , it religiously follows the US quote after 2.30pm and even before that with futures quote . Sometimes can get a bargain in opening auction with DMA as it should open in line with US close allowing for change in gold price . Good luck with it .
arja
20/12/2012
09:43
Apart from a few trades back in November, I haven't held these for @3 years. A break of £10 may be a good entry point?
skinny
19/12/2012
23:21
Interview with Betsy Spomer, BG Group, on current challenges facing the gas sector http://www.energyinst.org/_uploads/documents/petroleum-review-interview-with-betsy-spomer.pdf
philanderer
19/12/2012
20:30
So much for 1030p holding ;-) 'After a promising start BG Group (LSE: BG.) has had a difficult 2012.' http://www.fool.co.uk/news/investing/company-comment/2012/12/19/how-bg-group-has-fared-during-2012.aspx
philanderer
18/12/2012
23:47
Evening iwillbe. Don`t think we`ll get that much movement for a while until the full year results on february 5th. Production guidance may be the key. Must be nearly the closed period for director buying ? BG Group plc: Rubbish 2012, speculative play for 2013 Siddiqi notes BG Group plc (LON:BG) is by contrast off around 25% YTD, "not a surprise given the downgrades to production and earnings guidance over the past year." BG Group has a new CEO, which removes a big issue for investors over the strategy of the company. "The company's assets are still attractive and the shares could see a reversal from the underperformance this year, however as with Anglo American, traders will need to see concrete plans of action by the CEO to instil confidence over the oil majors' outlook," says Siddiqi. Over at SVS Securities we note that analysts have BG down for a 'santa rally' - in a note to clients the advisors cite the stock as being a speculative play noting that bid speculations and a potential recovery in gas prices could catalyse a recovery. For now though, SVS Securities are trading BG's volatility. http://www.economy-news.co.uk/stocks/2302-lloyds-banking-group-bg-group-forecast-2013-543543
philanderer
18/12/2012
23:07
philanderer... little is the right word. i hold more shares than the non executive director. probably most do. think that says it all. something is seriously spooking this share. not recovering at all. if directors are buying albeit peanuts, then no take over in sight.
iwillbe
18/12/2012
19:55
Every little helps :-) Director Deals - BG Group PLC (BG.) 18 December 2012 | 14:45pm StockMarketWire.com - Sir David Manning, Non Executive Director, bought 133 shares in the company on the 17th December 2012 at a price of 1031.00p. The Director now holds 2,276 shares representing 0.00% of the shares in issue.
philanderer
18/12/2012
16:47
Have a good one Tweeeek :-D
philanderer
18/12/2012
14:15
Its a fantastic short and support at £10 is weak, charts point to £8.50 and don't let other unscrupulous characters tell you otherwise. Have a merry xmas and a happy new year, I've finished for the year yipeeeeee..
tweeeek
18/12/2012
13:23
Afternoon arja. 1030p`ish has been support for two days now , maybe ?? ;-)
philanderer
18/12/2012
13:10
still struggling to turn around although hit 1040 early on ! but looking a bit better and might not get to that £10 support level .
arja
17/12/2012
20:03
Redmayne - Bentley: Risks include funding the development of its large projects in Australia and Brazil. Bond issuance was successful in 2011, although that may be hampered by the profit warning. In addition, it looks to finance projects using ‘strong cash flows from operating assets. If the Australian sale goes ahead BG could be in front of its asset sale targets for the middle of 2013. Investor sentiment, which has been hit by the profit warning, is at a low. One analyst at Jeffries questioned whether the circle of trust has been broken, although kept his buy recommendation on the shares. BG has long been on the takeover rumour mill, and names such as Royal Dutch Shell, Exxon Mobil and the Chinese state have been mentioned. If anyone is looking to instigate a takeover, this fall brings the share price to more attractive levels. And, whilst the stock is out of favour, this might be a good time for contrarians to pick them up. Therefore, whilst this view does not constitute a personal recommendation and any advice given to individual clients would vary according to their personal risk profile and objectives, we rate BG Group a speculative buy at the time of writing. Robert Kilner, Stockbroker All prices quoted correct as at 12th December 2012. Read more: http://www.shareworld.co.uk/index.php/share-spotlight/december-13-2012/#ixzz2FLDwIL10
philanderer
17/12/2012
17:19
Thanks arja , it was only a small top up anyway, but it brings the average down slightly.
philanderer
17/12/2012
16:03
a bit dangerous philanderer as chart does not show a turnaround yet ! I will just watch and wait but good luck with it .
arja
17/12/2012
15:55
I`ve gone all contrarian and added a few at 1030p today :-)
philanderer
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