Bp Share Discussion Threads

[smurfy2001] 12/9/2015 11:36

Could cause a rally.

US oil output set for sharpest fall since 1992, says industry body

[bracke] 11/9/2015 12:54

This is what is required.

[optomistic] 11/9/2015 08:34

mbthedude
11 Sep'15 - 07:05 - 86802 of 86803 0 1


Almost 4cts from their low of the day to their close...that is a rise in this market.

[nw99] 11/9/2015 08:17

Gold mans upgraded BP to hold

[mbthedude] 11/9/2015 07:05

optomistic
10 Sep'15 - 21:03 - 86800 of 86801

I see the planks marked it up a bit today, now will it reflect over here in the morning...always a bit of doubt about that :-(

Not even 10c difference between the london close and the US close so less than 1 pence you need some better glasses or wipe your monitor

[smurfy2001] 10/9/2015 21:30

Could be a rally on the cards.

--


Opec weighs call by Venezuela for emergency oil meeting

Venezuela is leading a call for Opec to slash production to revive flagging oil prices

[optomistic] 10/9/2015 21:03

I see the planks marked it up a bit today, now will it reflect over here in the morning...always a bit of doubt about that :-(

[2 red licks from 2 old creeps] 10/9/2015 08:58

Let's lick it Perv 1..and 2

[mbthedude] 10/9/2015 03:38

Its going to shed a bit today after the US drop last night back into the 330s

[diku] 09/9/2015 16:09

Very tight trading range nearly all day...344 - 346p....

[bracke] 08/9/2015 11:48

OH CRIPES!!! I apologise profusely!!


And here's a promising chart for monkey

BP 1 Hour

[penycae] 08/9/2015 11:31

Morning all.
Charts looking a bit better. Good to see that Carl-Henric reads this thread. Wonder why he bought 1,000,000 shares in this old rust bucket?



The monkey sent me that link earlier on. Wonder if it's of any significance?

Trade well and prosper Earthlings.......

[nw99] 08/9/2015 08:05

UBS upgrade to buy BP

[spacecake] 08/9/2015 07:49

7th Sept 2015

BP p.l.c. was notified on 7 September 2015 by Carl-Henric Svanberg, Director and Chairman of BP p.l.c., that he purchased 1,000,000 BP ordinary shares (ISIN number GB0007980591) in London on 7 September 2015 at GBP3.430777 per share.

So, by the looks of it the chairman has doubled his holding.

[bracke] 07/9/2015 17:29

mb

FTSE closed at 6075 If it dropped to 4900 that is -1175 (19.3%).

BP. closed at 336 if minus 19.3% = 271.

BUT it depends on why the FTSE falls and the relative move in oil.

This today:

[buywell3] 07/9/2015 17:27

300p by friday if China gives us some bad numbers in the next few days is my call

[mbthedude] 07/9/2015 17:07

I can understand your thinking but still think there is a strong link as alot of funds track the ftse 100 so if there is a panic sell off everything is affected. That chart shows they have become somewhat detached in the last 2 months but the movements are very very close

[bracke] 07/9/2015 16:02

mb

I don't think that there is any point in making that comparison. The fall in oil price has altered the dynamic between BP. and FTSE.

BP and similar oil companies need an oil price rise to restore the previous relatioship.

See comparison chart.

[mbthedude] 07/9/2015 15:49

Maybe you can calculate this then, if the FTSE was in the range 4,800 - 5,000 what price would you estimate BP?

[bracke] 07/9/2015 15:31

mb

My understanding is that Monkey does not come cheap. He makes demands about food, clothing, holidays, etc. I suspect he was still hungover from his holiday when he gave Penycae the BP trade.

If the share price does drop to the June 2010 it will be down on knees time to pray for deliverance.

[mbthedude] 07/9/2015 14:55

bracke as the old saying goes "You pay peanuts you get monkeys"

[the poo fighters] 07/9/2015 14:39

I blame POO, today.