BG Group Share Discussion Threads

[philanderer] 24/1/2013 13:29

Still got some momentum, but agree consolidation now would be good.

[arja] 24/1/2013 12:56

yes, might be just a pause for breath . But surprising that many stocks have not performed even as the DOW contnues it's remorseless rise - oh to live in USA playing the markets !

[nofool] 24/1/2013 12:34

At RSI 90+, a pause for breath might be permitted.

[philanderer] 24/1/2013 11:58

BG Group at number 37


'2013 Global 100 List'

[philanderer] 24/1/2013 09:23

24th january UBS 'buy' tp 1400p

reiterates

[philanderer] 23/1/2013 16:35

23rd january Grupo Santander 'buy' tp 1290p

[philanderer] 23/1/2013 13:50

FT Alphaville..

BG Group PLC (BG.:LSE): Last: 1,148, up 3.1 (+0.27%), High: 1,154, Low: 1,141, Volume: 2.21m

CG
universal template for every speculative buyout story ever

BE
Precisely.

BE
There is some logic that an oil major can access funding cheaper than an oil minor such as Tullow or BG, so a deal makes some kind of sense.

BE
Though "some kind of sense" isn't the same as "bid pending"

BE
And there endeth the rubbish RAW segment of today's show.

[philanderer] 23/1/2013 13:35

Interesting with all this bid stuff about.


23 Jan 2013

READING, UK--British oil and gas giant BG Group has ended a lengthy relationship with Maitland and shifted its financial PR account to Brunswick.

The company has worked with Maitland since it was launched in 1997, when British Gas divested Centrica to become BG Group.

Grappling with an eroding market value that has seen it tagged as a takeover target, BG Group began a review of its financial PR relationship last year. According to external communications manager Mark Todd, it was a "tough decision" to cut ties with Maitland, following a final round pitch against Brunswick.

[philanderer] 23/1/2013 13:33

I think it is listed guys, not a lot traded but it does move around a bit :-)

BG Group plc (ADR)(PINK:BRGYY)

[philo124] 23/1/2013 13:01

Mkt sentiment, i don't believe it's US listed.

[arja] 23/1/2013 12:31

philo124 - is BG listed in USA or are you talking about how the DOW physical performs after 2.30pm ?

[philo124] 23/1/2013 11:45

Let's see if US this pm makes any difference.

[tweeeek] 23/1/2013 10:39

Its all hogwash, simply being pumped up on some takeover rumours that will soon fizzle out.

[arja] 23/1/2013 08:41

up again today but slow progress . Hope it did not rise only on t/o rumours or it will not be sustainable!

[philo124] 23/1/2013 08:23

Fingers crossed.

[philanderer] 22/1/2013 22:35

Telegraph market report:

"...However, BG Group was in demand. The shares climbed to the top of the FTSE 100 leaderboard after Bloomberg argued the oil and gas group is a takeover target following a significant decline in the company's share price over the past couple of years.

"Jane Coffey, who manages £12bn as head of UK equities at Royal London Asset Management, told the newswire: "There is a big danger that some opportunistic big company will come along and get the assets very cheaply." BG Group gained 25½p to £11.45."

[arja] 22/1/2013 21:01

volsung- I feel for you but I think it is always best to trust the chart which showed a DB in £10 area . Tweeeek said he had inside info but that is technically illegal although can never be policed . maybe he did but to be honest I was always sceptical .

[philanderer] 22/1/2013 20:13

For those that understand this sort of thing...


BG Group (BG.): Key Reversal Up

Published by: zakmir on 22nd Jan 2013 | View all blogs by zakmir

BG Group (BG.): Support Above Previous Resistance

I have noted the possibility of BG Group bid speculation actually coming to pass here on Trader's Own before, something which could be regarded as all the more likely after the collapse for the share price on the 2013 production forecast. But of course it could just as well be that the company chooses to takeover another group in order to improve its position.

As far as the latest technicals are concerned it would appear we are looking at a W shaped reversal pattern with support today coming above previous November / December at 1,091p. The view now is that while there is no end of day close back below the intraday low of today's key reversal up day at 1,103p the upside here should be towards the October 1,300p plus resistance zone once again.

chart:

[philanderer] 22/1/2013 20:02

FTSE 100 - Risers

BG Group (BG.) 1,145.00p +2.28%
Randgold Resources Ltd. (RRS) 6,020.00p +1.86%
Petrofac Ltd. (PFC) 1,700.00p +1.80%
Smiths Group (SMIN) 1,238.00p +1.73%
Next (NXT) 4,031.00p +1.54%
Kingfisher (KGF) 273.00p +1.52%
Tate & Lyle (TATE) 812.00p +1.50%
CRH (CRH) 1,285.00p +1.34%
SABMiller (SAB) 3,000.00p +1.33%
Associated British Foods (ABF) 1,646.00p +1.04%

[hjs] 22/1/2013 17:28

A01/Phil

Chart looks good but at the present moment, it is overbought. If it holds due to rumours of a bid, then 1200 will be broken soon.

[philo124] 22/1/2013 17:11

1232p looks the target on the chart; if the mkt holds up and some follow through
we could make it.

[a0148009] 22/1/2013 16:50

Chart looks like a classic double bottom W formation share price rallied to 90 day MA 1145
at close, 1200 looks certainly on the cards, 200 day MA 1232.
Last few days market evenly balanced and looking for value.

AO

[volsung] 22/1/2013 16:38

I knew I shouldn't have listened to tweeek and sold at 1009. LOL in a hollow sounding way.

[philanderer] 22/1/2013 16:28

Yep, I remember that call hjs, nice one.

Happy for any consolidation around these levels, 90p to the good here now at the moment :-)

Even Randgold`s had two up days in a row !

Fingers crossed.