BG Group Share Discussion Threads

[phil140158] 28/1/2014 10:16

Don't take any notice of Sanks - he's a nutter!

[dvb99] 28/1/2014 09:30

If BG does to £4.73, i will sell my house and invest all the proceeds in BG!!!!!!

[skinny] 28/1/2014 08:44

Beaufort Securities Buy 1,085.00 - - Retains

Citigroup Buy 1,085.00 1,510.00 1,400.00 Reiterates

JP Morgan Cazenove Neutral 1,085.00 1,550.00 1,300.00 Downgrades

Nomura Buy 1,085.00 1,450.00 1,350.00 Reiterates

Credit Suisse Neutral 1,085.00 1,200.00 1,115.00 Upgrades

Deutsche Bank Buy 1,085.00 1,400.00 1,250.00 Reiterates

Goldman Sachs Conviction Buy 1,078.00 1,082.00 - 1,580.00 Reiterates

Barclays Capital Equal weight 1,078.00 1,082.00 - 1,370.00 Reiterates

HSBC Overweight 1,079.50 1,082.00 1,425.00 1,325.00 Reiterates

[abcd1234] 28/1/2014 07:15

level 4 ..... PMSL ...

[supermarky] 27/1/2014 22:58

If bg. Goes to 4.73 I will eat my hat. Please take time to evaluate the company. This is not a little tiddler. If they were to go to this price there would have to be something really kicking off in the world.

[sanks] 27/1/2014 18:26

Is it fair to say that £8 technical range will soon be hit...then my level 4 target of £4.73

Sensible comments appreciated
Sanksalot

[dr biotech] 27/1/2014 16:40

I sold these in sept around the 1200p mark after their last results. They have developed a nasty habit of not delivering. Of course my timing wasn't great, but if it seems the best time to short these is just before their results. Its been a few years of not meeting expectation.

[ohisay] 27/1/2014 16:35

Comment on FT alphaville - incl from UBS.



2014 production is guided to 590-630kboed (UBSe 670kboed); LNG earnings to $2.1-
$2.4bn (UBSe $2.69bn). Average unit costs are also expected to be higher, primarily on
start up unit costs related to Brazil and Australia, with opex at $15.50-$16.25/bbl vs.
UBSe $12.78/boe and DD&A $12.25-$13/boe vs. UBSe $11.46/boe. 2015 production
guidance of 710-750kboed is a 9% downgrade on the mid-point vs. previous
expectations (UBSe 776kboed). 2015 LNG earnings are expected to be similar to 2014
(UBSe $2.9bn). Effective tax rate should remain around 41%. BG still sees itself FCFpositive starting from 2015, which is a compensation but potentially capex related.

The announcement is disappointing and affecting management credibility and the BG
investment case.

[marben100] 27/1/2014 16:30

IMO one of the main causes for concern is the damage this does to the credibility of the new CEO, Chris Finlayson. Personally, I liked him when I saw & spoke to him at last year's AGM - but he needs to overdeliver & underpromise, not the reverse. Nevertheless, I like the company's assets & strategy & had been waiting for an opportunity to top-up, so did so early today.

Cheers,

Mark
Twitter @marben100

[salpara111] 27/1/2014 16:18

It was the poor forward guidance that will see it drift imo.
If it retraces to £10 I could see myself taking a few but not before then.

[gateside] 27/1/2014 14:49

This is not an AIM stock, it's in the top 20 of the FTSE100 so the chances of it going down and down are limited.

Can see it rebounding slowly over coming days/weeks.

[berny3] 27/1/2014 14:48

The issues are short term really. Egypt needs its foreign currency. I can not see this issue lasting too far into the future. 14% off the price is a little excessive IMO.

To go short here requires a fair amount of nerve.

What are the odds us closing closer to 11 by the end of the day.

[supermarky] 27/1/2014 14:37

You have to be very brave shorting in the 10.00 range!

[tweeeek] 27/1/2014 12:13

It'll be the first of many profit warnings, so I'm in with a short at this price.

[darren365] 27/1/2014 10:59

BG drops 15% on profit warning for 2014 and 2015 on Egypt LNG issues

[darren365] 27/1/2014 10:59

BG drops 15% on profit warning for 2014 and 2015 on Egypt LNG issues

[darren365] 27/1/2014 10:57

BG drops 15% on profit warning for 2014 and 2015 on Egypt LNG issues

[philo124] 27/1/2014 09:31

Been there, done that.

[supermarky] 27/1/2014 09:29

Surely now is the time to buy more. This is not a tiddler of an aim stock! Buy low sell high. Simples. Look at the long term chart!

[philo124] 27/1/2014 09:22

Sold out. Would rather buy at £12 in a year's time.

[ddahj] 27/1/2014 09:06

I'm pleased (smug?) I sold these and invested elsewhere, (post 1470), now paying CGT for sales in 2012.

[hazelton] 27/1/2014 08:54

Salpara , but does not the long term share price grow that bit more because of the low divi ?