Energysystems: Big divi, horrible safety record. Much safer yielders in the same sector.
9/10/12
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slimmbrimm: only nice thing is since UK no foreign withholding tax on dividend, if you can stomach riding along with the spill that wont end.
9/10/12
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slimmbrimm: also have to worry about TNK-BP relationship, which accounts for roughly half of their proven reserves I believe, which is rocky @ best
9/10/12
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Michael Bryant: No foreign withholding tax on dividend? I guess GSK is good too. 4.7% dividend.
9/10/12
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slimmbrimm: BP (no tax), TOT (30% tax), STO (25% tax), PBR (15% tax), SU (15% tax), EC (no tax), SDRL (no tax) thats what i was charged on last div's
9/10/12
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Energysystems: Also you can get RDS in the uk shares, no dividend withholding along with a host of domestic majors.
9/10/12
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Energysystems: Yeah I've got a lot of UK stocks, can't stand giving away 15-30% of my dividend for nothing.
9/10/12
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slimmbrimm: Energy-seen u posted were watching VALE think last week, you done anything on that one?
9/10/12
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Energysystems: no I wasn't expecting the draghi "unlimited" stuff or the chinese "targeted" stimulus. If Ben adds to the pile it'll continue the bounce up
9/11/12
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Energysystems: to the low-mid 20s. But I do expect a testing of the 08 lows, some day when reality hits(if it ever does). It's still on my buy list..
slimmbrimm: Energy, thanks for reply, i got some now (underwater a tad) but was looking to add some more, I like ur sub 20 #, its bounce suprised me too
9/11/12
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slimmbrimm: sorry i like ur low 20's #, thats what i need to get back to par, afraid to add now with its current move