Bp Share Discussion Threads

[nemesis6] 14/10/2020 15:44

4% would be okay...see what savings accounts are paying? lol

[ukgeorge] 14/10/2020 15:39

You think the dividend is going to be the same next year, are you smoking something?

[the stinger] 14/10/2020 15:20

Well,,8% I'll take thankyou.

[the stinger] 14/10/2020 14:57

9% dividend yield also...

[the stinger] 14/10/2020 14:55

Buywell, Talk about being behind the curve...That’s why the share price is on its knees bright spark!!... and why you buy low and hold a year.... what an absolute goon!..

[buywell3] 14/10/2020 14:44

======= Mathematical Equations equals = Better Investment decisions =======

The application of logic in the form of a simple mathematical equation seems like a good idea in these troubled times.


Increase in Covid-19 cases = decrease in demand for OIL


Official numbers of cases now will be 40M in 5 days time BUT cases are rising at 1M every 3 days now so by end of july 2021 without major National Lockdowns worldwide case numbers will have grown to a Ten times that number according to several computer models.

Production of OIL in the face of such increases in cases logically will have to be reduced to prevent oversupply or else OIL price falls

Demand for OIL will fall as people travel less because they are poorer and frightened of catching Covid-19 whilst traveling with lots of asymptomatic strangers and businesses go bust in increasing numbers due to debts.

So it is very simple buywell believes

OIL price will fall further in 2021 as Covid cases double and then double and then double again from where they are today


This is why the chart of BP. is the shape it is IMO

Until Covid-19 goes away it is very difficult to argue IMO a bullish case for any OIL price rise unless worldwide supply is drastically reduced by circa 50%

Can't see the USA for example agreeing to do that

[counterpartymw] 14/10/2020 14:36

lol brownbear3, yes I see confidence returning with Looney staking over £300 of his hard earned money on the future of BP this month alone. Must have a good reason to put nearly 0.002% of his annual salary at risk

[the stinger] 14/10/2020 14:16

Be a big sell order in...

[trikytree] 14/10/2020 14:14

Thanks for that fox. I feel better for knowing 👍🏻

[brownbear3] 14/10/2020 14:14

Looney's show of strength 140 shares purchased. Wow onwards and upwards

[ukgeorge] 14/10/2020 14:13

The crash is amazing, I bought last week. Really can't believe that the fundamentals have change so much to justify the 60% or so lower mkt cap.

[eurofox] 14/10/2020 14:08

and again at 210.02

[the stinger] 14/10/2020 13:30

I'm buying on it being took over at these levels.... with a dividend in the throw too..

[counterpartymw] 14/10/2020 13:10

Rmc100, by asking that question you display a fundamental misunderstanding about what moves share prices. You are basically asking "anyone know what the amount of buy orders will be relative to sell orders, and the quantities involved over the next 3 years?". That is impossible to answer, nobody knows, nor can they predict collective human behaviour. The only thing you can do is look at the company's reports and assets, and ask yourself if you would buy BP for £58 billion pounds today or not. If yes, buy the shares, if no, don't. But don't try and guess what other people or computer algos will think it's worth

[rmc100] 14/10/2020 12:58

Hmmm, wondering whether I should buy some in my SIPP at these prices, dose anyone have any insight in to potential price in 2/3 yrs time?

[the stinger] 14/10/2020 12:53

Not a bad entry price for a year hold and see...

[blueball] 14/10/2020 12:39

150p is my target.

[sbb1x] 14/10/2020 12:33

New 52 week low!

[eurofox] 14/10/2020 12:11

added at 210.94

[sbb1x] 14/10/2020 12:08

Take over that old chestnut

[nemesis6] 14/10/2020 12:04

crazy low...gotta get some for sipp value has gone from 170 nill to 45 bill in a year. Yeah right