Bp Share Discussion Threads

[jackpotjack] 08/2/2021 20:07

Ha ha ha the way this share moves it makes no difference to a seasoned investor.Note: It has gone up nearly 2 x Divi today so who care what happens before and after Divi date.In 12 months the share price will be £3.50 and people will look back and think 'why didn't I throw £100k at it as it was always gonna end up back here.

[slinkyj] 08/2/2021 20:06

You make some good points. All he said was there is some transferring out of tech and penny stocks going on. Cyclicals are back on the charge, esp after a big low caused by slightly negative reflective picture of 2020. 21 onwards will bring more short term value with less spike risk. This applies to BP and Shell. I dunno I'm not the expert so dyor. But I am now watching those upper gaps now ?

[ohojim] 08/2/2021 20:00

bracke

I despair. For some reason I feel proprietorial about this thread, but so much garbage gets spouted, unattributed quotes, noddy's mate, boring repetitive foolish opinions. I wouldn't mind if it was insightful or educational or just plain entertaining.

I think I shall write a letter.



f

[counterpartymw] 08/2/2021 19:53

The question you've got to ask yourself Slink, is OK if have a target of 330p by end of Feb. How is it going to get there? You can't move it, your friend cannot move it, and BP itself cannot move it. Even if debt targets are looking good and oil goes to $80, if no one cares, it won't move. So you're gambling that other unknown market participants are going to buy at a worse price than you over the next month. There is nothing you know that they don't. So other retail investors or 'big players' are going to have to keep buying at 280, 300, 320 to make you a winner. Why wouldn't they buy in now? You can't buy a stock just because you think it is undervalued and cite fundamentals (unless you're an investor looking to the business to give you profit over decades, as I mentioned previously) as a stock trade. Just like you can't short Tesla because it looks way overvalued. Because if no one else cares, you'll just lose money and your friend will be offering you his deepest apologies once more, that he 'never expected' BP to drop to 190p again, for example.

[counterpartymw] 08/2/2021 19:22

A polite word of warning for any newcomers querying the dividend, if you're a short term holder, buying for 1 paltry quarterly dividend and getting excited is a mistake. Contrary to what has been said, the market does not always kindly, and generously return to pre-dividend levels soon after so that 'divi players' can bag free money. On ex-dividend day the share price will drop roughly the same as the dividend, giving you a gain of 0%. Whether it goes down further or back up will be determined by the same unpredictable supply and demand forces that dictate price each day. Dividends only work for holders over many years. There is no point buying and holding even for 1 whole year, for a 5% yield when the share price can drop 50% by the end of it when you want to sell.

[slinkyj] 08/2/2021 19:09

Seeing as you guys clearly need input from the chap with the city mate, I thought I'd pipe up. Just come off a call from him as I'd really like to know his expectations of price targets. He stands by his prediction of 330 by Feb he mentioned last year and a slow and choppy rise up from there until it hits a cyclical stage between 350-400 if the next results show some decent debt reduction and signs the green agenda is working he said he expects 400+ for end of 2021 assuming oil stays above 50. He apologised for giving me the heads up to early as he hadn't expected BP to go as low as 250. But is assuring me my average which we are head butting right now will soon be a distant memory. Now the variety's are no longer such a threat, as in the current vaccines will prevent serious illness. Hold for riches were his words.

[nissan300] 08/2/2021 19:04

Scruff1 - are you a millionaire obviously with nothing better to do ? LOL (keep amusing yourself with irrelevant fact finding missions)

[scruff1] 08/2/2021 18:55

Nissan
Are you are slow learner? You have been a member since 2002 !!:-!

[ny boy] 08/2/2021 18:37

250p was taking the mick!

Add on all pull backs, nice 1/4’ly Divi

Accumulate in bulk imo dyor as usual

[wolansm] 08/2/2021 18:26

Reply there's no rules to what might happen within the last three weeks we have been in 310 to 252 ish range...... so who knows.

[irish luck] 08/2/2021 17:30

Nissan

Generally it will drop the same amount as the divi next morning, but then there's a good chance it will return to the price it went ex divi at so divi players can sell them.
All in a short space of time usually.
You need to see what the USA futures are overnight, might help direction.

[kasamavic] 08/2/2021 17:29

https://www.google.com/search?sxsrf=ALeKk01NtgQj_siHYcdXdjGJDjk0XRR7Ag%3A1612805318330&source=hp&ei=xnQhYNTkEIWXlwTmnIUI&q=bp+dividend+dates+2021&oq=bp+&gs_lcp=ChFtb2JpbGUtZ3dzLXdpei1ocBABGAAyBAgjECcyBAgjECcyBAgjECcyCAgAELEDEIMBMggIABCxAxCDATIOCAAQsQMQxwEQowIQyQMyBQgAEJIDMgUIABCxAzoHCCMQ6gIQJzoLCAAQsQMQxwEQowI6CAguELEDEIMBOg4IABCxAxCDARDHARCjAlDZEFjEGGDHJWgBcAB4AIABaYgBqgKSAQMyLjGYAQCgAQGwAQ8&sclient=mobile-gws-wiz-hpUsually by the same amount, but depends what mood the market is in.

[crazi] 08/2/2021 17:18

Brent 60.4 = climbing faster than I expected

[nissan300] 08/2/2021 17:16

Fairly new to this so please excuse my ignorance, when this goes ex dividend shortly, how much does the share price go down by on average / usually ?

[slinkyj] 08/2/2021 16:47

I think ? won't look at my shares in the day as a rule. They tend to go up. Also helps stop my trigger finger. I'd like this to get to 340 so I can top slice some holdings. I'm very over weight here buying on the lows. If the recovery is going to be as sharp and fast as some are saying then for sure this will put pressure on oil supply and hence the futures looking much rosier now. I just want a good 25% weighted portfolio with Bp to keep for 10 years plus and happy for it to sit at a value of 350-400 just to compound the divi. I'm at 85% weighted and rest cash atm so hurry up 340, I want my money for airline stocks and ccl next.

[eurofox] 08/2/2021 16:42

remarkable how a depressed share price can be organised to let them off the hook on the cheap

[daler1966] 08/2/2021 16:38

Just after final week's revelations that Exxon and Chevron had talked about a merger, buyers have dared to dream of other significant combinations of oil firms.The Money Moments now pointed out that all those two "supermajors", together with BP and Shell just noted much more than $50 billion in losses for previous yr, with analysts pointing out that it was not the to start with time the sector has confronted major new turmoil in the oil price tag.Mergers normally necessarily mean price tag cost savings that would allow businesses greater to weather conditions these types of collapses in the crude industry, analysts reported, pointing out that the changeover to eco-friendly electrical power is also one particular which requires the financial firepower that mergers could offer.Bears, nevertheless, will stage out that the time for this sort of mergers was very last year when the oil price was final year, when the crude rate was $20. Given that then it has tripled and was currently up all-around 1%.BP and Shell, two heavyweights in the FTSE 100 index, could transfer upwards currently as a outcome of the renewed consideration.

[crazi] 08/2/2021 16:36

Especially liked this:

"Oil companies, for the first time in a long time, are likely to make a big comeback," he said. "We have all the ingredients for an extraordinary bull market in oil for the next few years."

Elsewhere, shorting activity in BP PLC fell by 16 million shares on Feb. 4

[crazi] 08/2/2021 16:08

350 by 2nd Quarter