Bp Share Discussion Threads

[optomistic] 02/6/2016 08:22

Not been offloaded yet, that won't happen until it's paid for. Unfortunately the tankers, I believe four are tied up and costing!

[eisler] 02/6/2016 01:19

It will be insured

[eisler] 01/6/2016 12:56

Brexit contagion - expect some mad swings over next 3 weeks, then, well, place your bets!

[dafrog] 01/6/2016 11:01

Yes, Cameron, Osborne and the diversity-trained kids at The Treasury have tried very hard to undermine confidence in UK PLC.

[ianood] 01/6/2016 09:32

No, I think it's part of the Brexit contagion, deciding when to exploit it is the tough call.

[diku] 01/6/2016 08:14

Looking at the above header chart (one below the volume chart) BP & Rdsb are both around the 18 but the Oil is showing around 23.5...too much gap divergence...are the charts broken?...

[dafrog] 01/6/2016 07:15

I shall be out delivering Brexit leaflets again this morning. I do what I can to get us out of the evil union.

[oakville] 01/6/2016 05:21

No more than others......going to be a Rocky 6 weeks brexit now slightly ahead.

[hellscream] 01/6/2016 04:34

The share price is gonna implode diku.

[diku] 31/5/2016 22:07

Any good chart reader here?...looking at the header chart above of the 50sma & 200sma...BP share price,50sma line & 200sma line are all at the same level...is this good, bad or ugly for the share price?...

[diku] 27/5/2016 14:17

BP falls over 1% and all other shares fall 0.5%....all other shares go up 2-3% and BP goes up 0.5%....story life of BP!!....

[diku] 27/5/2016 10:42

FTSE up BP down....FTSE down BP more down...BP has no correlation to Oil price....

[ianood] 27/5/2016 09:01

On a long term basis it's cheap,reltively. It's still suffering a confidence blow from Macondo in my opinion.

[diku] 27/5/2016 08:24

Looking at the one of the header charts above...there is seems to be a wide gap divergence between the oil figure and the BP/RDSB shares...Oil figure is around 24 but BP/RDSB shares are around 18.5....any views?...

[diku] 26/5/2016 16:04

Is it being slammed down because it is trading just above the 200sma?..

[diku] 26/5/2016 15:19

Didn't rise with the bank shares but falls when the bank shares go down....

[diku] 26/5/2016 14:08

BP really just doesn't track the Oil price rises....all a myth...a bit like more buyers and the price rises and more sellers and the price falls is another casino market myth....

[investordave] 26/5/2016 13:36

Why the hell is the share price down today?

[ianood] 26/5/2016 11:50

Steve73 - BP and RDSA/B are really global entities that accede to the laws of wherever they operate thus Brexit is a non-event to them. UK incorporation used to be considered a quality domicile from which to operate from, I'm not so certain of that these days!

[diku] 26/5/2016 10:49

If 369p broken then a quick run to possibly 390p...

[steve73] 26/5/2016 08:52

ianood..^^

I agree to a point.. Oil price (and hence Oil Co. valuations) will be largely independent of any currency movements (be they GBP, EU, USD, or anything else) but whether the UK remains or leaves could influence operations - I understand that the UK O&G sector is largely UK legislated, with little interference from the EU. This could determine it's value to a non-EU predator.

[ianood] 26/5/2016 08:24

Can't see the Oil Sector being driven by Brexit either way, maybe wrong.

[diku] 26/5/2016 07:56

Oakville...I was thinking the same yesterday...BP is struggling/capped for some reason....

As Oil has recovered off the lows...all the reasons to kick start sector consolidation...surely BP must be in the eyes of US or other Oil giant...once EU vote is out of the way & the Ins win then I can see a mega deal happening in Oil or Financial sector...

[oakville] 26/5/2016 05:15

Looking at the chart and the rise in the oil price, these are lagging well behind the current FTSE trend.
Still able to buy in the £3.60s is crazy.