Bridgepoint Share Discussion Threads

[disc0dave45] 25/7/2021 10:59

HTTPS://www.thetimes.co.uk/article/burger-king-owner-puts-sale-on-the-table-0nhktm33s

[miata] 14/2/2013 15:28

BPT currently yields 11.6%

[gramsci] 22/9/2011 14:09

I have been looking at royalty trust opportunities and BPT was an obvious candidate, given past performance. I have rejected it, in part after reviewing and updating analyses such as this one at SeekingAlpa. Tyler Lewis's FMV price of $45 is sobering, as is the focus on oil price assumptions neccessasry - $225 av going forward is not realistic. Since this was written in Jan'11, the underlying has dropped 20% and with the current drop in both oil price and prospects, I will not be pursuing BPT:

[knowing] 27/6/2011 17:32

Hello Troll

[hithere2] 25/6/2011 06:24

Knowing: Looks is that your unfinished knitting on the sofa that you are neglecting whilst trying to give yourself some carpet burns on your knees:-p)

[knowing] 23/6/2011 16:47

Brokersai bends over backwards for you

[bracke] 31/3/2011 17:38

MIATA

Thanks.

[miata] 31/3/2011 17:34

Pickens Sees $300 Oil In Ten Years
by Todd Shriber | March 31st |

Legendary energy investor T. Boone Pickens says oil prices at $300 a barrel could become a reality in a decade if the U.S. does not commit to changing the way it consumes and and produces the commodity.

Pickens made the comments about $300 oil in an interview with the ABC affiliate in Waco, Texas, reiterating the dangers of continuing to import oil from OPEC and that the U.S. has been void of a real energy plan for 40 years. Pickens' firm BP Capital Management counts some of the world's largest oil companies among its top holdings.

[bracke] 31/3/2011 16:04

MIATA

Thank you for reply and link.

If on the other hand oil prices fall capital value falls with it.

I could not see the meaning of WTI. Can you assist please.

[miata] 31/3/2011 15:38

The capital value depends on the future oil price, so if its $200/barrel next year you will make a serious capital gain in addition to the divi.

[bracke] 31/3/2011 15:33

MIATA


A couple of questions.

1 If the oil price drops am I correct in thinking that the divi drops with it?

2 As the years tick down the value of the company declines such that in thirteen years its value is zero. Therefore to get ones money back and make a profit the divi needs to be higher than 7.5% at the price the shares are purchased at.

[miata] 31/3/2011 12:39

The current crude-oil price surge is showing no signs of abating.

Oil "depletion" trusts like the BP Prudhoe Bay Royalty Trust (BPT 118.38, +0.72, +0.61%) are the best income play for this trend.

BPT essentially pumps out crude from its field, and allows stockholders to share in the profits via a hefty dividend until the well runs dry. With the end of royalties predicted about 13 years from now, your shares will actually pay for themselves by the time the oil runs out at the current dividend of 7.5%. Add in the fact that the Prudhoe Bay Trust has appreciated over 20% in share price over the last 12 months and you have a solid investment on your hands.

[nvesta] 13/8/2001 16:20

I've noticed that BPT are selling off a lot of their property. Any reasons why???

[dgb@gx] 30/4/2001 20:25

Tomorrow we should know whether shareholders have accepted the bid of £3.21 or whether the bidder extends the offer period. In the meantime 5th april has come and gone before the document was published, with no mention of any dividend for the 2nd half year.(6p expected)therefore the bid is really £3.15.against analysts expectation of 5th April NAV of between £4.20 and £4.40. A bit disappointing when approx 60% of the asetts ( the regulated stock ) is discounted by about 30% because these properties are occupied, whereas the market is now paying up to 80% for regulated tenancies at auction.I still feel that £3.40 to £3.50,would be a realistic takeout price, however the independent commitee of the board think otherwise having recommended the offer.