BG Group Share Discussion Threads

[mug punter] 17/1/2012 08:13

Anadarko have put their Brazilian assets up for sale.

Three companies are apparently bidding for them including Statoil who are already in Brazil and have recently successfully developed a real flagship project in their Peregrino (heavy oil) field.

With three bidders, and with the market in a healthy state, these assets should go for a good price which will lead to a rerating of BG's assets resulting in a nice jump in the share price

[philanderer] 16/1/2012 19:37

exactly nisbet.

...S&P Lowers European Financial Stability Facility's Long-Term Rating To AA+ From AAA

no real surprise.

[nisbet] 16/1/2012 19:19

Of course there is no problem, the 460 billion euro lent to European banks the week before last is being used. The ECB found it politically unacceptable to buy sovereign debt so a collection of banks is effectively doing it on their behalf. Short term, this alleviates a lot of problems, but---------?

[philanderer] 16/1/2012 16:03

No problem ;-)

France sells 4.5bn 12-week bills at 0.175pct, 2.2bn25-week bills at 0.295pct and 1.9bn 51-week bills at 0.42 pct.

[philanderer] 16/1/2012 12:49

Nigerian Countrywide Strike Suspended.

[philanderer] 16/1/2012 12:20

Maybe either/both of these...

OPEC expects oil demand from OECD countries to fall to 45.8 million b/d in 2012 from 45.87 million b/d in 2011

Libyan oil production recovered to an average 773,000 b/d in December from 563,000 b/d in November, according to OPEC estimates

[philanderer] 16/1/2012 12:14

Melf, nothing BG specific, BP and Shell charts performing exactly the same as well

[melf] 16/1/2012 10:43

Nasty intra day swing - not sure why though after promising start.

[philanderer] 16/1/2012 09:37

Morning Melf, good news :-)

Goldmans reiterating their 'conviction buy' as well tp = 1760p

ECB also stepping up to the plate this morning buying Italian bonds .. yields lower.. 10 year Italian debt now yielding 6.64 pct, down 2bp on day

[melf] 16/1/2012 09:22

Morning Phil......Cheuvreux upgrades to "strong buy" TP 1760.

[philanderer] 16/1/2012 09:04

Morning all, fine start, Andarko news helping

can`t bust that 1470p for the umpteenth time though.

[philanderer] 15/1/2012 23:16

France planning to sell €8.7bn of debt on Monday, followed tuesday by a €1.5bn bond auction from the EFSF.

Will EFSF still have AAA rating by then ?

So now Portugal, Greece and Cyprus are officialy junk and Italy has same rating as Kazahkstan .

I reckon the equity markets may struggle tomorrow although futures only just negative at present.... USA markets closed tomorrow.

[scottishfield] 13/1/2012 18:16

yep i thought so phil, good enough recovery.

[philanderer] 13/1/2012 16:38

BG. pretty resilient.

US markets closed monday.

[philanderer] 13/1/2012 15:43

France and Austria to be cut to AA+, leaving Germany as only large triple-A country underwriting the EFSF.

Down across the board .

[philanderer] 13/1/2012 15:16

Yep, good point.

S+P rumoured to be dowgrading several Eurozone countries maybe today - works every time to knock back the markets.


edit:

France looks about to be stripped of its AAA, and Greek bond swap talks go belly up.

New 16 month EURUSD low just set

Oh dear.