BG Group Share Discussion Threads

[its the oxman] 04/11/2014 16:47

I added today after selling out sometime ago close to 1200p.

[its the oxman] 04/11/2014 16:46

Cheap entry point. Should make good money looking a year out. Picking the absolute low is another thing though.

[supermarky] 04/11/2014 14:42

Any thoughts guys?

[flyingbull] 31/10/2014 14:07

The November oil stock challenge is now on. Deadline for entries is midnight this Sunday!!! Good luck. fb

Enter your choices here please


Previous results

[woracle] 31/10/2014 12:31

Once you have been in this game long enough, you will realise analyst have about the same predictive powers as your dog when it comes to stocks.

[dbensimon] 28/10/2014 15:44

Many analysts on FT saying the stock will outperform the market.

[supermarky] 28/10/2014 15:11

Holding that support above 1000 for now!

[stevenrevell] 27/10/2014 13:54

When r results due ?

[blackmarketunit] 26/10/2014 20:33

Mozambique prepares to harness vast gas reserves Financial Times
26 October, 2014

[sanks] 14/10/2014 23:01

Patience is a good thing..that £10.00 support is ready to pop!

[supermarky] 10/10/2014 17:44

Yes I'm not waiting for 1000 on the nose.

[revell40] 10/10/2014 16:58

Time to get in soon

[supermarky] 06/10/2014 15:05

Egypt good news

[supermarky] 06/10/2014 09:26

Just bouncing around support from earlier this year. Stay of execution me thinks after a sharp fall. We'll see.

[sanks] 03/10/2014 12:36

Brokers have a nobs eye view on many stocks...take London mining ...its had a some brokers with proper skirtlifting targets, ven up and until most recently!!
But look whats happened to it last few days...they've now adjusted their nobseye view to a more of a shaggers view with a 10p target!

Thats why a shaggers view is better then a brokers nobseye view
Sensible comments appreciated

Sanks...with an initial £9.50 shaggers target

[stevenrevell] 03/10/2014 12:29

£9.90 next week

[zulu001] 02/10/2014 11:35

Merrill

BG has 70% of all oil exposure hedged at $106 oil (as said on their Q1 call).
With this in mind we think the share price reaction is over done and we stand by
our NAV driven PO of 1350p and Buy rec on the stock.

[zulu001] 02/10/2014 11:30

GS

We expect the global LNG trade to resume growth in 2015, driven by c.40mtpa of new start-ups in Australia (QCLNG, GLNG, APLNG,Gorgon). Over the medium term, we expect c.5% LNG consumption compound growth from 2013-2020 and c.4% to 2025, driven mainly by growing consumption in China and ASEAN (assumes average LNG prices are contained US$12-14/MMBtu). This is driven by a combination of factors, which include coal-gas substitution (to reduce emissions) and oil-gas substitution (to reduce energy costs), as well as strong economic growth and the inability of local production to meet demand. Our estimates were driven lower (previously +6% CAGR to 2020E, +5% to 2025E), by weaker European demand and increased pipeline gas displacing LNG in China.
However, Asia LNG buyers have become increasingly price sensitive in recent years, and have become less willing to underpin high cost LNG projects with “traditional” long-term, oil-linked LNG offtake agreements (these contract structures allowed the high-cost Australian LNG industry to rapidly expand in recent years). Instead, LNG buyers have chosen to underpin US LNG projects with different contract structures (tolling arrangements with Henry Hub pricing structures, rather than take-or-pay terms with oil linkages).
Given the substantial contracts that have been signed in the last couple of years with US LNG projects, we believe investors should seek exposure to low-cost LNG export capacity, and be realistic about expectations for further contracts (the window for US LNG is limited in our view, as greater than 20% of Japan’s LNG future import prices are driven by Henry Hub gas prices).


Given the industry’s renewed focus on capital discipline in recent times, we are observing a number of high-cost LNG projects deprioritized in the “investment queue” by major companies such as Chevron, RDShell, BG Group, ExxonMobil. While at face value, the list of new pre-FID (final investment decision) LNG supply projects globally is greater than 350mtpa (much higher than the overall global trade in 2013, which was 237mtpa), we expect the vast majority of these projects to remain in the feasibility stage for some time given the expanding gap between required returns for suppliers and price expectations of buyers. Outside of the US, we believe Papua New Guinea (PNG) and East Africa may be the best placed regions to compete on cost competitiveness, and within this group PNG appears best placed in its overall lower risk profile than East Africa (i.e., PNG projects have strong government alignment, and the country has recently demonstrated its ability to support mega-projects – i.e., ExxonMobil’s PNG LNG started in 1H 2014 and is now producing reliably at steady-state capacity of c.6.9mtpa).

[supermarky] 02/10/2014 10:37

Hello sanks thats not too far out this time. I was expecting you to have a buy order set at 200!

[supermarky] 02/10/2014 10:35

The yield is pretty rubbish. The premium in the price is because of the fantastic assets. It could also be a bid target. Egypt is also a worry. Dividends don't support the share price on this one.

[sanks] 02/10/2014 10:35

I've have a shaggers stance on this stock, hence i'm looking to take a shaggers punt at £9.50...Sheila told me last night

Sensible comments appreciated

[essentialinvestor] 02/10/2014 10:16

Mark I look at the outlook, yield and PER rather than specific levels,
you are better on the TA side, I suppose there has to be some sort of
bounce around there unless wider markets tank.

[supermarky] 02/10/2014 10:13

But you'll buy at 1000?