Bp Share Discussion Threads

[crazi] 10/2/2021 09:47

Bye Bye Irish - good luck with the building works. Make sure you buy your cement mixer petrol from BP ;-)

[irish luck] 10/2/2021 09:45

Ok you guys, this is my last post on the BP bulletin board.

I cant get over to France atm so have started a large building project which requires my time.
Good luck

[invisage] 10/2/2021 09:40

Kasamavic

The more Irish talks with sound bites, no references or logic to his posting the less credible he becomes.

In this game there is no place for hope, I have done my analysis out based on dilligent research.

if I felt BP was a sinking ship I would cut my losses and move on, but the research says otherwise.

The big money is made in the waiting....new strategy takes time to play out. You can't just vaccinate the world at a flick of a switch, it takes time.

[irish luck] 10/2/2021 09:34

I really genuinely hope you guys are right in your belief that this will return to around £4 for you all. Personally I would choose a different stock to fall in love with.

[skinny] 10/2/2021 09:32

BP & gains - sadly an oxymoron these days.

[kasamavic] 10/2/2021 09:31

Why should he do that, he doesn't provide any real information only soundbites and he still isn't short.That tells you a lot about his strategy and thinking.

[invisage] 10/2/2021 09:27

Dean is right, with such a good divi only a week away and oil up why why why is this not being bought for the divi,
Answers to the CEO of BP

BP was up 4% two days ago, it is now consolidating those gains letting short term punters get of the train before it moves up again.

This is how markets work.

[invisage] 10/2/2021 09:25

£37bn of market value had been destroyed in just a year and a half.

Irish

Why don't you provide a complete picture like how much market cap is off from

RDSB
Exxon
Chevron
Total

...


Since the Corona crisis started.

[skinny] 10/2/2021 09:21

Brent highest since third week of January 2020, £/$ highest since April 2018.

[irish luck] 10/2/2021 09:19

£37bn of market value had been destroyed in just a year and a half.

Just a litle more than BP then.

Dean is right, with such a good divi only a week away and oil up why why why is this not being bought for the divi,
Answers to the CEO of BP

[invisage] 10/2/2021 09:17

Happy to take negative points on BP RDSB and Oil shares.......keep them coming. As long you don't post incorrect information like Irish seems to do then feel free to post.



Yesterday Irish accused BP of not posting 'bad' information to the public, I think they were honest and upfront with their cash outflow in 1H in last weeks results actually. And today he called BP a Marconi.


Let's hear what he has to say next, you never know he may have something plausible that we need to take notice of. To date from him all I have seen is he is interested in the short term share price movements, but you see it takes time and cost for a company to change strategy and deliver.

Renewables have large upfront costs, anyone installed Solar panels in their homes?

[ohojim] 10/2/2021 09:05

Lol Irish. Just given you a thumbs up, for meritorious use of a wooden spoon.

[invisage] 10/2/2021 09:03

The denouement

Marconi’s share price peaked in August 2000 at £12. Then things started to go badly wrong. The dot-com bubble burst and demand for new telecoms equipment dried up. Lucent, Cisco and Nortel all announced profit warnings. Marconi’s share price dropped even though it denied that its sales had been hit. Then, when the profit warning finally came, angry investors dumped the stock.

The downturn was far more severe than anyone anticipated and with large and mounting debts Marconi was facing bankruptcy, its shares worth less than one per cent of their peak value. Simpson and Mayo were forced out. A new executive team was brought in; £37bn of market value had been destroyed in just a year and a half. In November 2003 Marconi announced half-year losses of £149m in the period to September, down from £458m a year previously.

hxxps://www.london.edu/think/the-destruction-of-marconi


Do you really believe the world is going to stop using the energy BP produces Irish? The first thing I did this morning was turn the heating on!



Marconi went bust because "demand for new telecoms equipment dried up" - BP has healthy cash flow and are on top of debt reduction.

[deanroberthunt] 10/2/2021 09:01

I'd have thought that with it going ex div next week, there would be lots of buying, and with Oil heading for $62! ...but wtfdik

[invisage] 10/2/2021 09:00

How does it remind you of Marconi Irish, enlighten us with your analysis.

[irish luck] 10/2/2021 08:59

This stock really reminds me of Marconi

[scruff1] 10/2/2021 08:36

It seems investors are not listening

[invisage] 10/2/2021 08:34

Total warns of 10mn b/d oil supply shortfall by 2025


Underinvestment, Opec+ production restraints and cracks in the US shale model risk a 10mn b/d global oil supply shortfall between now and 2025, Total said today.

The speed and extent of oil demand recovery from falls arising from the Covid-19 pandemic depend largely on vaccines and the implementation of economic recovery packages around the world, Total's president of strategy and innovation Helle Kristoffersen said.

"What is clear, on the other hand, is that there is a risk of a supply crunch in the mid-term," Kristoffersen said. "Given the natural declines in existing oilfields… the message is simple: we need new oil projects and that is true even if you take a very cautious view on short-term demand recovery and on future demand levels."


hxxps://www.argusmedia.com/en/news/2185346-total-warns-of-10mn-bd-oil-supply-shortfall-by-2025

[invisage] 10/2/2021 08:02

10% US population now vaccinated

19% UK population now vaccinated


Every day the pressure grows on the governments to ease lockdowns, open schools etc


All this just means fuel demand will pick up..........



Virus cases dropped significantly in the UK past few days....

[invisage] 10/2/2021 07:40

DOW up 100 points, FTSE opening +0.66%, Brent $61/bbl


Exxon back at January Highs.....BP off 15% from January highs due to one off items which will rectify over the course of the year.....


You need to do your own research to have conviction in your own holdings so your in a position where you can ignore scaremongering from short term speculators.

£3 in Feb for BP looks plausible, it needs to play catch up with it's peers...

[crazi] 10/2/2021 00:10

They have already raised $4B for debt reduction 2021 (mainly realised 2nd half)... :-)