timddeb

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  • Russia Calls Saudi Arabia's Oil Supply Cut Bluff - Saudis Fold  [View article]
    OK so talk me through this. Everbody is pumping more oil than is being consumed. The glut is going into strategic reserves, and now previously redundant oil tankers. Everyone is filling their boots with cheap oil. What happens when there is no point in storing more? Do you put it into a disused oil well so you can pump it up again? As I understand there isn't much more unused storage space? Anyone want to speculate what happens when Russia and Saudi can't physically get rid of their supply. If I were BP I might be finding places to put oil back in the ground.
    Feb 6, 2016. 10:26 AM | 4 Likes Like |Link to Comment
  • Without A Dividend, What's Left For BP Shareholders?  [View article]
    I think many of you are not considering the loss of face that would hurt the pride of BP governance. True they should consider cutting the dividend, and if it seems sensible do so, but there is more to think about than a short term drop in the price of oil. While the Saudis reasons for pumping like oil is going out of fashion is understood, even they must eventually see that selling oil at $100 per barrel means they will have to pump less and make a bigger profit than if they pump out five times more at $20 per barrell. Once they realise they cannot put the rest of the world out of business they might come to their senses.They have, however, let the genie out of the bottle, and unless there is a worldwide cartel the oil price is unlikely to get to a price which would make BP, XOM, RDS et all happy.
    I have cash waiting for when BP cut their dividend, but if it does not happen it won't matter too much. Other big oil managements don't seem to have the same propensity for shooting themselves in the foot, reloading and doing it again. I suspect the divi would be but shortly after a management shake up. If any oil major is going to blink first I would bet on BP.
    Jan 30, 2016. 03:25 PM | 1 Like Like |Link to Comment
  • The China GDP Manipulation Controversy  [View article]
    thanks for your insight.
    Timewill tell if we are right.
    Jan 26, 2016. 02:32 AM | Likes Like |Link to Comment
  • Ruble, You Can't Make This Stuff Up  [View article]
    "never mind that Russia is now more of a capitalist country and thus not as likely to meddle into the affairs of private or semi-private companies."

    really?
    Jan 21, 2016. 10:45 AM | 2 Likes Like |Link to Comment
  • Here's Where Crude Oil Supply Will Unexpectedly Be Cut  [View article]
    "never mind that Russia is now more of a capitalist country and thus not as likely to meddle into the affairs of private or semi-private companies."

    Dream on!
    Jan 21, 2016. 10:41 AM | 1 Like Like |Link to Comment
  • Did Shell Take On Too Much Risk In This Oil Price Environment?  [View article]
    What I can't quite make out is why are stocks sliding inunison with oil prices? Surely cheap oil should have SOME knockon effect on the rest of the economies involved?
    Jan 20, 2016. 02:42 AM | 1 Like Like |Link to Comment
  • Did Shell Take On Too Much Risk In This Oil Price Environment?  [View article]
    I agree, sometimes however, I used to move assets into stocks I think will gain more quickly with a view to moving back. It doesn't always work out that well as after all I get it wrong sometimes. SO now my Mantra is, "unless I think the company is going broke, don't sell" I hold RDS and if I had noticed the author didn't have skin in the game I would not have read the article. After all the author could just as easily be waiting to short the stock.
    Jan 20, 2016. 02:40 AM | 1 Like Like |Link to Comment
  • Houston, We Have A Supply Problem  [View article]
    Obama made you money????
    Jan 19, 2016. 01:29 PM | Likes Like |Link to Comment
  • Houston, We Have A Supply Problem  [View article]
    Vietnam has no ageing population problem as most of the people over 30 were killed off by war with France, America and wars with China. They have a good attitude and welcome foreign tourists of all nationalities with open arms. (But take US$) , and have the right attitude to work. It is noticeable that by and large the population has moved from bikes to motorbikes and new cars are seen in increasing numbers. Infrastructure is going in and it will be an economic force to be reckoned with..............but not yet. There is also the persistent problem of Chinese incursions and other attempts to usurp their sovereignty, just like Tibet and the weigers, which will be a drain on their economy. India when I was there is a little more tricky, and again they have problems with China.
    Jan 17, 2016. 02:50 PM | 1 Like Like |Link to Comment
  • Maybe You Should Panic  [View article]
    If you are going to panic, panic early. One time you might be right.......
    Jan 16, 2016. 11:50 AM | 3 Likes Like |Link to Comment
  • Maybe You Should Panic  [View article]
    and with Obama/Clinton you think your military has any purpose?
    Jan 16, 2016. 11:49 AM | 1 Like Like |Link to Comment
  • Will Royal Dutch Shell Eliminate Its Dividend This Year?  [View article]
    IF RDS cut the dividend would I buy it? Yes.
    So while I am holding a half share I am waiting to see what happens in 2017
    Jan 15, 2016. 03:43 AM | Likes Like |Link to Comment
  • Following The U.S. Shale And Saudi Arabian Chess Match, Saudi Arabia Just Yelled 'Checkmate'  [View article]
    In years to come we will remember Obama as the president who crippled the US, if there any books other than the Koran left to read.
    Jan 12, 2016. 09:03 AM | 9 Likes Like |Link to Comment
  • Following The U.S. Shale And Saudi Arabian Chess Match, Saudi Arabia Just Yelled 'Checkmate'  [View article]
    Putin is Russian, which is basically Asian. Think of that mindset when guessing what he is up to
    Jan 12, 2016. 08:59 AM | Likes Like |Link to Comment
  • An Unhappy New Year  [View article]
    would someone explain to me why North Korea maybe testing an H bomb is bad for the stock market? If they did start a stupid MAD scenario, which they can't yet, canned goods and ammos would soar. Drink sales would rocket. Defence spending would go through the roof. And that would be the least of our worries. The fact that they have the intention does not mean that they have the ability, so what has changed to cause people to sell off stocks? Converting to FIAT currency because an infantile madman wants to wage war is surely the stupidest thing I have seen in a long time. North Korea, so what? What percentage of their GDP affects world markets? Food aid stopping of course might inject a miniscule amount into the US treasury but other than that nothing. Buy LMT and Boeing!
    Jan 11, 2016. 10:29 AM | 1 Like Like |Link to Comment
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