BG Group Share Discussion Threads

[texas tea] 09/1/2012 15:49

Indian firms 'set to bid for Gujarat stake'
The Adani consortium of Indian state-run companies led by GAIL India and Gujarat State Petroleum Corporation (GSPC) are reportedly preparing to bid for BG Group's stake in Gujarat Gas in a deal valued at about $900 million.
News wires 09 January 2012 15:26 GMT

[philanderer] 09/1/2012 09:02

Morning all

Failed once again at 1470p

[melf] 09/1/2012 08:56

Nomura - Buy TP 1850p Reiterates

[philanderer] 06/1/2012 16:30

"ECB to Cut Rates Next Wk as Precursor to QE: Jefferies"

Alcoa also kick off Q4 earnings after US close monday.

Interesting week ahead.

[philanderer] 06/1/2012 16:10

Wouldn`t argue with that either :-)

[the bear man] 06/1/2012 15:54

a proxy for that could be short oil, its had a good rally now

[philanderer] 06/1/2012 15:48

Numbers pretty well discounted Melf , focus still on Europe ... Hungary downgraded today and Italian 10 year bonds still well over 7%.

Another 'Merkozy' meeting monday... European problem will dominate markets again this year IMHO

edit:

TBM - short Euro is the trade still

[melf] 06/1/2012 15:12

Didn't expect Wall Street to start down today given the good employment news. Is it going to drag us down as per Wednesday and Thursday???

[simon8] 06/1/2012 14:19

Phil, thanks and no worries re broker reports.... all looking good

[the bear man] 06/1/2012 13:42

is this bigger than RIO now ? RIO has more than treble the revenues and profits. seems absurd.

[philanderer] 06/1/2012 13:39

Good US number

1469 - 1470 having a job to punch through that 1470p as expected. :-)

[the bear man] 06/1/2012 13:00

trading at more than 4 x revenues in 2012, probably 3.5 x in 2013. hardly a bargain is it

[scottishfield] 06/1/2012 12:41

Yes, going nicely today, gl all longs.

[philanderer] 06/1/2012 12:40

Chartwise it looks like 1470p is the one to take out.

Non-farm payrolls at 1:30pm today will be the key.

[the bear man] 06/1/2012 12:36

thanks. the IC page 19 is clearly showing the wrong years for merrills forecasts

[philanderer] 06/1/2012 12:26

Consensus:

BG Forecasts

Year Ending 31-Dec-11

Revenue (£m) 12,429.90
Pre-tax (£m) 5,064.19
EPS 78.26p
P/E 18.3

Year Ending 31-Dec-12

Revenue (£m) 13,938.56
Pre-tax (£m) 5,758.56
EPS 92.51p
P/E 15.5

[the bear man] 06/1/2012 12:03

does anyone have any revenue forecasts from all these brokers recommendations

[the bear man] 06/1/2012 12:02

too low obviously

[melf] 06/1/2012 11:51

TBM, out of interest, at what price have you shorted this?