Bp Share Discussion Threads

[slinkyj] 09/11/2020 11:17

I wouldn't say flying but it's a good start and momentum will keep pushing north. But it's the sub 5% per day that add add and before you know it you missed the opportunity of the year.

[the stinger] 09/11/2020 11:09

Flying now...

[slinkyj] 09/11/2020 11:05

Sb you in yet? Might miss the boat here

[investtofly] 09/11/2020 09:58

I wouldn't worry that much about Scottish Widows, they have been around over 100 years about as much time as it will take for an electric lorry to be designed to carry cargo in addition to it's massive battery weight.You should be worried more about that The Government and Councils are implementing while the So Call Pandemic is going on....

[hector_p] 09/11/2020 09:50

waldron and others,
I see Biden four years assuming he gets the keys of course! AS NEGATIVE FOR OIL in general. He will invest the people's taxes and new munny printed hugely in green projects and also hit the oil industry punitively in the process. But I am open to a debate on this

[buywell3] 09/11/2020 08:37

Dark Sarkasm
In the classroom

This needs oiling
Things are getting squeaky

[sarkasm] 09/11/2020 08:35

Scottish Widows Plans GBP440 Million Divestment In Green Push

Mon, 9th Nov 2020 07:28
Alliance News

(Alliance News) - Pension manager Scottish Widows Ltd is set to sell nearly half a billion pounds worth of shares in companies with questionable policies on climate change and weapons markers.

The investment manager, part of Lloyds Banking Group PLC, is responsible for the pensions of nearly six million people. It said that it plans to sell off GBP440 million from companies that do not live up to its environment, social and governance standards.

It warned that this figure could rise "much further" unless companies improve their practices.

Companies being sold will be those that get more than 10% of revenue from thermal coal and tar sands, a damaging way of extracting oil. It will also divest from manufacturers of "controversial" weapons and those that violate the UN Global Compact on human rights, labour environment and corruption.

"As a large institutional investor, we have a vital role to play in shielding our customers from ESG investment risks, as well as influencing positive change through the investments we hold," said Maria Nazarova-Doyle, Scottish Widows's head of pension investments.

"Our exclusions focus on companies we believe pose the most severe investment risk due to the nature of their businesses, which can't be addressed through engagement."

Companies have been responding to investor pressure in recent years, taking into account more of the biggest pension savers' concerns.

After pressure from shareholders, both Shell Dutch Shell PLC and BP PLC have said they hope to reach net zero emissions by 2050.

Nazarova-Doyle said: "The growth of these 'at risk' companies is likely to be severely limited by future regulations and the changing views of customers and investors, leading to significant falls in their share prices."

By August Graham, PA City Reporter

source: PA

[skinny] 09/11/2020 07:52

£/$ at a 2 month high @1.3193

[sbb1x] 09/11/2020 07:30

Good morning Brent.40.41$

[sbb1x] 09/11/2020 07:14

Good morning Brent.40.41$

[trikytree] 09/11/2020 00:24

Interesting stat at IG on their customers positions with BP....
“99% of client accounts are long on this market”
NINETY NINE PER CENT! Wow. They can’t all be wrong. Hope IG have themselves covered.

[slinkyj] 08/11/2020 23:54

Oil futures gain ground Nymex +1.78% crude +1.52%

[jameswill] 08/11/2020 23:32

Hello am new here

[plastow] 08/11/2020 23:23

Nice rise tomorrow I'd say yes

[slinkyj] 08/11/2020 23:09

Dow futures rise 150 points after Biden wins presidency as post-election rally continues

[slinkyj] 08/11/2020 23:04

Agree, there is to much about to occur on the upside to weather this down any further. When my small holding of Shell goes ex div I'm throwing that into BP as well. From this level I'm loving the long termProspects. I've worked out I'll make a million by the time I'm 60 just by throwing 250 pm into my already substantial holding. And that's based it on only staying at 200. And why Bp and not Shell. Well I guess both are equally likely to gain. But Bp is more ahead in its sustainable approach. Also out of the two, BP is the most likely take over target. ( not saying that will happen, but not out of the question)

[the stinger] 08/11/2020 22:39

Can see £2.15 tomorrow

[slinkyj] 08/11/2020 22:31

Yep, and I believe climate change should be high on the agenda. I personally stopped eating meat to make a difference to animal agricultures affects on climate. Trump was stupid to basically ignore the warnings and not give two ducks about it. Part of my reassurance about buying BP over other oilers is their focus and progress on sustainability. There are some green energy companies out there with bigger market caps than BP but not the beast BP is by a long shot. Bp can do this and still carry oil for the next 50 years or so. For me Biden will be another 4 year stop gap to the next president. By then maybe America will really know who they want in power. My guess it will either be a lady President or Donald Trump jnr, having learnt the best and worst bits about his dads time in power. It's going to be an interesting next 4 years.

[slinkyj] 08/11/2020 22:05

Hmm, maybe but I think your wrong. Think back to lockdown 1 . Stocks picked up on the "potential" of recovery. Most of the gains will happen in the lead up and anticipation of news. By the time the vaccine news lands it will have already made decent gains. Rumours are circulating that we, the US etc have hit peaks again. Knowing the peak is key and also knowing that deaths are not as high as they could have been will be a positive factor. Vaccine trial Results due any time now, and I for one want to be in this share from the get go. Look at those buys on Friday. There is a change in the wind. Biden win will strengthen the north momentum and the 200's will be left for dust. Bp or shell are great buys atm

[sbb1x] 08/11/2020 21:30

The tide will turn, it just won't be tomorrow, this week, this month or even this year

[slinkyj] 08/11/2020 21:27

The tide is going to turn soon people, this is the time to buy.