Should I buy BP shares?
Should I buy BP shares?
Author
Discussion

ATV

Original Poster:

573 posts

211 months

Tuesday 26th July 2011
quotequote all
Is it a no-brainer that the BP share price will rise from £4.62 back to it's highs of £6.00 after posting £3billion profits in 3 months?

Just thinking of doing a buy and hold for 1 year.

Any reason to think the price would fall for any reason?

EDIT* as of 28.07.2025 the price is still £4.05. Good reason not to buy.


Edited by ATV on Monday 28th July 19:11

Lardydah

345 posts

221 months

Tuesday 26th July 2011
quotequote all
Another accident in the Gulf of Mexico?

sidicks

25,218 posts

237 months

Tuesday 26th July 2011
quotequote all
ATV said:
Is it a no-brainer that the BP share price will rise from £4.62 back to it's highs of £6.00 after posting £3billion profits in 3 months?
Question: is it likley that the market would price in a "risk free" return on BP shares of 30% over the next year

If yes, then fill your boots.

If, on the other there are company specific risks and significant economic / market risks over such a shoirt time horizon, then you might like to be a bit more cautious.
smile
Sidicks

ATV

Original Poster:

573 posts

211 months

Wednesday 27th July 2011
quotequote all
sidicks said:
Question: is it likley that the market would price in a "risk free" return on BP shares of 30% over the next year?
Answer: [please can you fill in this part for me so I can make an informed choice]

christer

2,804 posts

267 months

Wednesday 27th July 2011
quotequote all
Atv

No one should take advice from anonymous internet posters when it comes to investing. EVER. The fact that you are even asking suggests to me that you are either lazy, naïve or a gambler and may as well go put some money on the roulette table. Could be all three tbh.

Perhaps this is an amusing joke? I fking hope so.

sidicks

25,218 posts

237 months

Wednesday 27th July 2011
quotequote all
ATV said:
Answer: [please can you fill in this part for me so I can make an informed choice]
If you can't answe that simple question, then you should steer clear of equities (leave them tobpeople who kniw what they are doing) and put some money in a cash ISA!
smile
Sidicks

Beardy10

24,542 posts

191 months

Wednesday 27th July 2011
quotequote all
The threat of litigation still hangs over them from the Gulf disaster but they will keep that in courts for years (take a leaf out of Big Tobacco's book).....ultimately it's a very asset rich company that produces a ton of free cash flow which had become a bit too big and lazy (in operational and management terms). They are trying to transform it into a growth company again by selling non core assets and expand into growth areas....the market is waiting for proof of that.

I bought some and shoved it in my pension last year....I'll be keeping them for a long time. Over a year I don't have much of a view to be honest....


Carlique

1,634 posts

180 months

Wednesday 27th July 2011
quotequote all
Yes, well I have. It has a healthy dividend and long term I personally can see them rising steadily. However, I'm new to shares so I could be very wrong but the advice given to me is that they're likely to rise in the long term.

fid

2,431 posts

256 months

Wednesday 27th July 2011
quotequote all
Carlique said:
...advice given to me is that they're likely to rise in the long term.
That should be the aim of every business, so hopefully the advice was given with reasoning for a rise within your investment timeframe smile

Shuvi Tupya

24,460 posts

263 months

Wednesday 27th July 2011
quotequote all
I bought £95k worth (of fantasy shares) shortly after the accident and they are now worth £117k. Not sure if this info is any use, but there you go..


Edited by Shuvi Tupya on Thursday 28th July 15:34

RichyBoy

3,743 posts

233 months

Thursday 28th July 2011
quotequote all
Moneyweek seems to say no and prefers Total:

http://www.moneyweek.com/investment-advice/share-t...

ATV

Original Poster:

573 posts

211 months

Thursday 28th July 2011
quotequote all
christer said:
Atv

No one should take advice from anonymous internet posters when it comes to investing. EVER. The fact that you are even asking suggests to me that you are either lazy, naïve or a gambler and may as well go put some money on the roulette table. Could be all three tbh.

Perhaps this is an amusing joke? I fking hope so.
Not at all. It's always good to get opinions from other people.

What those opinions are worth is down to you to weigh up but of course you're right, I'd never pick stocks (or anything else) based purely on Internet forum chatter without doing my own research first.

Carry on.

ATV

Original Poster:

573 posts

211 months

Thursday 28th July 2011
quotequote all
christer said:
Atv

No one should take advice from anonymous internet posters when it comes to investing. EVER. The fact that you are even asking suggests to me that you are either lazy, naïve or a gambler and may as well go put some money on the roulette table. Could be all three tbh.

Perhaps this is an amusing joke? I fking hope so.
Not at all. It's always good to get opinions from other people.

What those opinions are worth is down to you to weigh up but of course you're right, I'd never pick stocks (or anything else) based purely on Internet forum chatter without doing my own research first.

Carry on.