Bp Share Discussion Threads

[toon1966] 30/7/2017 08:11

Please see article published in Telegraph on 29 July
.... I was aware of the £750M writedown. Can their underlying profit statement of £500M be believed?

[bigdazzler] 28/7/2017 14:08

Tentative long in Bp today as around support zone.

[smurfy2001] 28/7/2017 13:01

Why invest in 'HNR' when you have quality stocks like BP. that PAY you a dividend?

[action] 28/7/2017 12:56

This one my watch list for now. May find lower entry level next month

[top tips] 28/7/2017 09:05

Highlands Natural Resources (HNR)
Drill next month at a location with two dozen other production wells within a five mile radius so high probability of success and are only £10m market capitalisation so could 10 bag.

[mercer95] 27/7/2017 11:03

Sold Tullow, bought more BP, earnings announcement this Tuesday for BP

[hellscream] 27/7/2017 03:53

whys the pound going up? our base rates are never going up...

[veryniceperson] 25/7/2017 18:22

Well GGL i'll take 675 for BP what about others!!! There having a laugh.

[grupo guitarlumber] 25/7/2017 17:53

LONDON (Agefi-Dow Jones) - European oil companies with refining operations are benefiting from higher margins in this sector, due to seasonal increases in gasoline demand and refinery maintenance operations. This margin growth should not last, warns Barclays. Refining margins averaged $ 5.5 per barrel last week, the highest level since September 2015 and an increase of $ 4 a barrel over one year. Barclays attributes this growth to an exceptionally tense fuel market, seasonal gasoline demand growth and a rise in diesel driven by supply disruptions. Barclays does not think the rise will last more than a few weeks, but continues to favor groups present in refining because of their cash flow, which supports dividends. The bank has an overweight recommendation for BP with a target price of 675 pence, Royal Dutch Shell (2,750 pence), Total (60 euros), OMV (54 euros) and Repsol (20 euros).

[veryniceperson] 25/7/2017 15:29

A good rise today so far today, still cheap in my view. Another rise tomorrow would be nice.

[strutt12] 24/7/2017 13:47

I thought 460 was a good target!! ;-)

[smurfy2001] 24/7/2017 12:50

Picked up a CFD 5000 @ 441.45. This is separate to my previous holding. Still targeting 470. There may be further downside though before that happens.

[veryniceperson] 24/7/2017 11:21

Just got a few more @ 439. Starting to recover a bit now. 7.4% Divi not surprised really.

[veryniceperson] 24/7/2017 11:16

Even if they cut the divi by say 2% still more than bank rates.

[smurfy2001] 24/7/2017 10:44

7% compound re-invested is just nuts but i'll take it :)

[veryniceperson] 24/7/2017 10:36

Buying time methinks. 438 got to be good. Any views?

[ny boy] 24/7/2017 10:06

Just under 7% yield ffs! Give me some more pls, Mr. Market!

[ny boy] 24/7/2017 09:59

Support@ 436p should hold, summer light vols could exaggerate the move lower though.

Neutral -Medium term, Jul 21, 2017 Analysis Explanation

An approximate horizontal trend is broken down. A continued weak development is indicated, and the stock now meets resistance on possible reactions up towards the trend lines. Is moving within a rectangle formation between support at 436 and resistance at 485. A decisive break through one of these levels indicates the new direction for the stock. The stock is testing the support at pence 444, which may give a postive reaction. The stock is overall assessed as technically neutral for the medium long term.

[ny boy] 24/7/2017 09:41

Sounds like an awful lot of electricity is going to be produced, now that doesn't come out of nowhere 🤔

[action] 24/7/2017 09:35

Last week Bp had positive news and went to 351P. Did anything change for share price to drop apart from market weakness ?

[stevenrevell] 23/7/2017 13:53

I wish then my gold shares will go up

[gary38] 23/7/2017 07:01

Yemen targets Saudi oil refinery with ballistic missile

[strutt12] 21/7/2017 21:42

Three years old now and certainly not worthless. Infact it's depreciated less than a petrol/diesel. And cost a hell of a lot less to run, not to mention pollution free.

[smurfy2001] 21/7/2017 18:27

That means the car you sell 2nd hand will be worthless as most of the cost is that battery. I think i'll wait as long as l can before l abandon petrol and let the early adapters pay for R&D to the point where electric cars actually make sense.

[strutt12] 21/7/2017 18:12

Car will be replaced before the battery.