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Trading the stockmarket (NO Referrals)

Discussion in 'General Discussion' started by mcast123, 2 Apr 2009.

  1. alx

    Soldato

    Joined: 10 Aug 2003

    Posts: 6,037

    Location: Dubai, UAE

    Upstream workers basically went to BG Group, midstream/downstream went to British Gas/Centrica (in a nutshell).

    Guy I worked with at BG had been at the company for 30+ years and was at British Gas before it demerged.
     
  2. silversurfer

    Capodecina

    Joined: 13 Jul 2004

    Posts: 19,399

    Location: Stanley Hotel, Colorado

    Yep glad I held not just sold at 450. My order cleared at 470 and its come down all day, maybe I should have rebought just now. Ive kept some back and I own CNA and BG anyhow, I think CNA is probably a buy especially if Labour dont win as that'll raise it some Im guessing

    So if BG has a certain offer at 13.50 why has it also dropped today, is that a buying opportunity. Seems too easy but I have seen it before, mergers can be barred so theres risk.
    In fact theres a whole industry where they trade arbitrage risk between two shares that in theory are linked, like BP london vs BP NYC
    Its how the first big bust /bailout occurred late ninites, the risk blew up on them


    Seems playing big shares once again the easiest game in town. This BG deal raises the price on every oil stock seems like. We are walking in giants footsteps

    http://linkis.com/www.theguardian.com/Pt8dE
     
  3. alx

    Soldato

    Joined: 10 Aug 2003

    Posts: 6,037

    Location: Dubai, UAE

    Most of the offer (~£10 out of the £13.50) is being paid in Shell shares rather than cash which adds extra risk.
     
  4. dowie

    Capo Crimine

    Joined: 29 Jan 2008

    Posts: 53,051

    yup the price reflects the market's view of the chance of the merger going through

    nope different sort of arbitrage, it was nothing to do with arbing between UK equities and ADRs which is mostly about execution risk and simply being the fastest
     
  5. booyaka

    Capodecina

    Joined: 19 Jan 2006

    Posts: 13,907

    I know but they have all the various companies (BG Group, British Gas/CEntrica) as he worked for most of them during the demegers and was in all the various share save schemes.
     
  6. alx

    Soldato

    Joined: 10 Aug 2003

    Posts: 6,037

    Location: Dubai, UAE

    Ah fair enough :).

    I work for BG so slightly worrying times as to what will happen to everyone when we get taken over by Shell :( (although it's a around a year away until it actually happens).
     
  7. Simon

    Capodecina

    Joined: 21 Oct 2002

    Posts: 24,242

    Location: Berks / Moscow

  8. Rexxar

    Wise Guy

    Joined: 13 May 2010

    Posts: 1,494

    New to this, have been looking at plus500, am I better off using someone else online? There's some specific companies I want to invest in, and a few I'd only want to keep for a few days...
     
  9. Simon

    Capodecina

    Joined: 21 Oct 2002

    Posts: 24,242

    Location: Berks / Moscow

    So UKOG.
    Been on the news all even in so I expect some major ramping tomorrow. Could be worth a quick in and out
     
  10. shaank

    Wise Guy

    Joined: 11 Oct 2009

    Posts: 2,492

    Location: Edinburgh

    yup agreed. if you see my posts in this thread a while back, I've been in UKOG and SOLO for a wee while now and today was a damn good day.

    Huge rise followed by a retrace, but still a good amount above what it started the day on. I hope with the media coverage for a good end to the week!
     
  11. Simon

    Capodecina

    Joined: 21 Oct 2002

    Posts: 24,242

    Location: Berks / Moscow

    5th sep you said result due in 2wks. Why the delay ?

    Will be interesting at 8am
     
  12. Elixir

    Wise Guy

    Joined: 17 Jul 2011

    Posts: 2,079

    The numbers being reported are massively inflated, so while it may still be a significant discovery, the BBC sticking 100 billion barrels in their headline will have been a big cause of the jump in share price yesterday.

    I think people have since realised/been informed that the actual oil in place will be far lower, not to mention only a small % of that will actually be recovered, so the initial knee-jerk reaction is reversing slightly.
     
  13. Simon

    Capodecina

    Joined: 21 Oct 2002

    Posts: 24,242

    Location: Berks / Moscow

    Yeah seems that way.

    Whole market up today and ftse all time high ( although not really that high when you take into inflation). Thinking of IAG as hedge against oil dropping again. Although they've gone from 590 to 617 whilst I've been thinking about it (

    I imagine the election could be an opportunity for buying if we get a bit of fear
     
  14. Zbornak

    Wise Guy

    Joined: 12 Jan 2010

    Posts: 1,879

    Got butthurt by Telecom Plus today.
     
  15. 413x

    Capodecina

    Joined: 13 Jan 2010

    Posts: 23,022

    Location: Llaneirwg

    All fairly good of late

    PFC
    AFC
    SXX
    PMO
    DFS
    BT

    Apart from a few aim news reactions all good
     
  16. silversurfer

    Capodecina

    Joined: 13 Jul 2004

    Posts: 19,399

    Location: Stanley Hotel, Colorado

    I used to hold them way back, amazing growth and bad news on that today I guess?

    Close above 800 would be positive and 700 was a ceiling for a while which could figure now

    SXX looks good, take profits if it goes under 13 maybe. CNR big up today, sell profits if it dont hurdle 70 as I presume it goes back down. Volume of trading on recovery doesnt appear enough yet
    pfc I think is hold, just as well as i did not buy the lows
    pmo i think will be more flat then positive, just my guesses on how it 'looks' I havent checked news and figures
     
  17. Zbornak

    Wise Guy

    Joined: 12 Jan 2010

    Posts: 1,879

    Profit warning after new auditor forces disclosure of dodgy accounting.
     
  18. dowie

    Capo Crimine

    Joined: 29 Jan 2008

    Posts: 53,051

    surprised this hasn't been posted:

    http://www.bbc.co.uk/news/business-32406056

    (unfortunately much like their technology editor being a bit clueless when it comes to technology their economics editor seems a bit confused by futures exchanges and is talking about driving the price of a 'stock' down and buying 'orders' back????)


    Sounds like he was a few years too late to the party, quite a few people were doing this on Eurex back in the early 00s including 'the flipper' who allegedly made around 50 million a year from the bund, putting spoof orders one side of the order book and leaving resting limit orders on the other side... fortunately for them the German authorities don't seem to have bothered taking any action though plenty of locals and options market makers in London were getting very annoyed by it at the time
     
  19. Regy53

    Mobster

    Joined: 11 Jun 2011

    Posts: 3,782

    Location: Northampton

    guys,

    my other half has been offered this today, not sure if we should invest? seems like a decent enough company to invest into as such but not dont much research yet. The shares only take place in three years.

    [​IMG]DSC_1089 by regy53, on Flickr
     
  20. jmhduck

    Wise Guy

    Joined: 26 Jan 2005

    Posts: 1,796

    Location: Cheltenham, UK

    That looks like a good deal to me, at worst you will only miss out on the meager interest rates in the bank as you can get the money back as cash, if you need the cash during the period you can always take it out.