Bp Share Discussion Threads

[jason_scrap] 27/10/2020 19:18

Nailed it lol... piles and piles of FCF..!!

[sbb1x] 27/10/2020 19:08

Fools and there money190180170See you soon

[geardown107] 27/10/2020 18:51

Bird brain, are you still £800k into IAG,

[geckotheglorious] 27/10/2020 17:58

Sbb1x
Post 93178 of 93182
"The 100m profit for last 3 months don't even cover the dividend what costs the company 800 million!!!"

Does the company pay its dividend out of Cash Flow or Profits?

Plenty of cash flow to cover the Dividend.

[the stinger] 27/10/2020 17:24

Sbbx needs to move on... he's been wiped out on PMO. At least with BP you get a great dividend... and can ride out the storm... which as he knows... it will.. next year.

[oakville] 27/10/2020 16:49

Bought some more into my lads ISA he is 14 so anything around these levels can sit for another 4 years.

[leas1] 27/10/2020 16:49

sbb1x
My thoughts too. Posted the same on the LSE bb the other day. I also note that there is a worse case scenario of Trump losing and then challenging the result. Lots of near term uncertainties despite the current lows.

[sbb1x] 27/10/2020 16:40

Closed at the days low 195.74 doesn't bode well.The 100m profit for last 3 months don't even cover the dividend what costs the company 800 million!!!The August update the company lost billionsBrexit - no deal to be announced soon.3rd November us elections. 5th November sell off Into dividend date.Good Oil hedges coming to an endOil NOT rising until March.The January update will be very poor as well with 40$ oil.170 target

[stevieweebie2] 27/10/2020 16:35

yeah
Arnt we all lucky until we're 2k in the hole a week later.

Still 25y low, you would think the Gods would favor it.

[stevieweebie2] 27/10/2020 16:25

okay, cant resist anymore just bought my first chunk for the SIPP before the close.

[slinkyj] 27/10/2020 16:21

Oil up, results better than expected yet we get a down day. Baffled. Maybe waiting for RDSB to show their cards Thursday and then up we go. Happy to wait this out.

[hasin] 27/10/2020 15:22

Better than 327,still bottom fishing here.

[trikytree] 27/10/2020 15:16

Average 253 😩 seems a long way off

[irish luck] 27/10/2020 15:14

Update, currently long with a average of 238 made up of a half position and two quarter positions, now adding full size long at 297.
Average now 217.5

[hasin] 27/10/2020 14:52

The trend is still down,though i prefer it not to be.

[wipo1] 27/10/2020 14:33

Good luck man

[slinkyj] 27/10/2020 14:18

Yep I see the turn coming, just bought a load

[tahmina1] 27/10/2020 14:08

in at 197.5 and 201

[action] 27/10/2020 13:54

As per market scanner long term support at 150p

[purple11] 27/10/2020 13:52

i reckon this is going to 1.50

[eurofox] 27/10/2020 13:37

added 197.45