Bp Share Discussion Threads

[pander45] 17/6/2022 21:00

Just a blip won't be sustained. Trend will continue.

[amaretto1] 17/6/2022 17:40

Lol .... u now changed your tune !!!Like usual

[watfordhornet] 17/6/2022 17:12

Wow - my purchase at 399p this morning looking a little bit early. That is a big daily drop and not quite sure what triggered it

[one_frankel] 17/6/2022 16:25

US is not only extending its finite supply onto the open market but there's a risk of a slowing economy with the recent rate hike but crude is destined to be much higher in future as that finite supply contracts and the war of attrition continues so I wouldnt become too anxious with this very short-term volatility!

[hellscream] 17/6/2022 16:25

looking forward for the dividend now, its cheap i guess.

[hellscream] 17/6/2022 16:23

wow the drop feels like 2020 all over again.

[gwatson56] 17/6/2022 16:21

We should at least see a 10M buyback today. Good time to announce a supplementary buyback imo. Looking around for the cause of this price action and at a loss as all seems quiet on the news front. Must be bot driven and down to this option expiry (triple malarkey) day. Hoping for some stability next week.

[the_man_with_the_pink_gun] 17/6/2022 16:13

PINOCCHIO PLEASE RESIGN.

[veryniceperson] 17/6/2022 16:12

What the F is going on. Down 19

[amaretto1] 17/6/2022 15:52

So predictable!

[smurfy2001] 17/6/2022 15:51

Rates are 1.75% (USA) and 1.25% (UK) and recession coming.

Not yet.

[ball deap] 17/6/2022 15:41

I said this about a week ago, crude was getting over heated then ! Now long trades have been killed!!!

[adg] 17/6/2022 13:58

Never come across him/it/she/they before but immediately filtered the windylicker

[one_frankel] 17/6/2022 13:05

BoxerMugz for those that are not already aware is just a fantasist whose an unfortunate fra_ud and believes he's some Welsh renowned investor or HNW Stephen Jones yet can't even assume the blatantly obvious but if anyones interested have a look at the Pires thread and you'll realise it for yourself!

...So take what little he states with a very large pinch of salt and HNWs have a very refined way of communicating not akin to his delightful way of commenting!

[geckotheglorious] 17/6/2022 12:28

Prudent Boxerdogz.
Did similar. :)

[janhar] 17/6/2022 11:47

Correction - capex is based on 60 dollar oil - forecasts range between 70-120dollar oil

[janhar] 17/6/2022 11:41

BP is on 4 times earnings and current forecasts are based on 60 dollar oil. So even if oil falls back to 60 the shares are fundamentally cheap. I don't imagine Europe will allow itself to be reliant on Russian oil for the foreseeable and new investment will take at least 2 years to ramp up production. It's the only safe sector to be in atm. Except for tobacco

[mknight] 17/6/2022 11:39

China is in lockdown in many parts . Russia has stopped n gas exports to much of europe .US driving season not started yet . Covid travel now open so many will be flying off on their long awaited holidays . Heatwaves in the US causing a surge of air conditioning .

10 years of little or no investment . Shortages will continue . 150 will be hit this summer . Oil shares probably being shorted . I am a buyer .

[ben gibbons] 17/6/2022 11:23

Thanks for you help :-)