Bp Share Discussion Threads

[putinaire] 08/10/2024 20:59

To 70 woiuld be more correct. However, what we do in the UsA, stays in the USA haha

[putinaire] 08/10/2024 20:55

So as ever the question is, standard sector cycle that can be auto bought in hard times? Or going to do a 2008 bank style long term rerate ?

Events might help but not something to depend on. I dunno.

Look beyond crude and see who is adapting best for the long term I suppose

Shell

[putinaire] 08/10/2024 20:49

It's all buffet ever did in recessions. No great magic rmto it

[blackhorse23] 08/10/2024 20:46

I will buy below 320p , likely drop further

[putinaire] 08/10/2024 20:36

Yes but I wouldnt auto buy 350 here or equivalent elsewhere. Need to see what market is thinking on approach

[syoung82] 08/10/2024 16:44

Shell is not cheap right now but it kind of mirrors bp if bp hits 350 shell could go below £20. I believe that's a cheap enough entry point. And it looks like we'll get there soon

[putinaire] 08/10/2024 15:57

Slower versions of BP for now

[putinaire] 08/10/2024 15:55

None are today

[hellscream] 08/10/2024 15:55

shell is not cheap tho. at £12 it was.

[putinaire] 08/10/2024 15:51

Yes good point. Shell would be best buy to average out sector price rather than bp price in that scenario

[syoung82] 08/10/2024 15:46

350 would be my final buy on this. If it goes well below that I'd take a large position in shell instead as I'm not a holder of it yet and that would make a great entry point. I do regret ever owning bp though. if the clock could be turned back I'd never have invested in this. But anyway here we are

[action] 08/10/2024 15:45

Coming again 400p region . Time to buy tomorrow may be???

[putinaire] 08/10/2024 15:34

Well it is

[meb123] 08/10/2024 15:33

Wonder why Shell hasn't fallen as much . Maybe the market sees it as a better company?

[putinaire] 08/10/2024 15:33

Jees the time. BL with the missile coordinates

[putinaire] 08/10/2024 15:25

Fkn Gaza has better infrastructure today than the UK

[putinaire] 08/10/2024 15:22

Understand 350s as a buy. I'd keep a keg for 220s just in case though. If they hit yield hard, will lose income crew's. And it will take 220s for a sustained bounce period so need some dosh there

[syoung82] 08/10/2024 15:21

Sold some yesterday with a view of buying back in at a much lower price to bring my average down. Timed it right for a change now hoping for a plunge to 350 before hitting the buy button

[putinaire] 08/10/2024 15:18

Visit any city in China, Singapore , even BTS in Bangkok compared to London underground and so on

No exaggeration to say we are now 150-200 years behind in realistic catch up to their current levels/standards on infrastructure

UK is just a little fkn island anyway. Its not like we are talking about a global power. Much easier achieve full nuclear capacity etc . But no

[putinaire] 08/10/2024 15:02

Plus uk infrastructureis basically stone age now. Esp compared to many places in the east

Investing in nuclear power now would make a new infrastructure of the future far more feasible and probably more cost affective

Markets would not only forgive the borrowing. Embrace it.

But anything else is a sell 😂