A stock can pay a dividend when it shouldnt and when they make a loss even normally the share price just adjusts to the amount paid out. The big oil companies borrow to pay dividends at some times? Woodford is famously against big oil on this issue, I think he states their asset base is declining as not enough new oil is discovered. If the price of oil goes up that effect would be covered up some.
BP or similar large oil really needs to get into somewhere like Venezuela and do some honest productive work in turning that situation around. If somehow that were possible at all, growth and all valuations would be justified long term. BP is involved in Russia which I think needs a lot of expertise to improve but neither of these countries are exactly capitalist so who knows how it will work out.
Gazprom Ive heard described as the cheapest least risky company in the world because of their massive assets but I still couldnt call it profit till it had paid out more then I invested.
Seems currently relevant and confusing and maybe the 4 PE shown for Gazprom is just screaming value
I general I see Euro, EU even Europe generally as having too much contagion risk. No reason why we cant trade just as much with EU after leaving, politics should be second to trade. Sanctions vs Russia while relying on them for energy shows how it always is I think.
UK should develop its shale gas whenever viable in a similar way to be more diverse and capable because if UK relys on energy imports and keeps high debt, rising rates tied to deficits and a weak currency it'll just be an obvious loss in trade and probably politics I guess
Lloyds used to pay a 40p dividend annually. I dont think it counts as profit really. I will go back in the thread and find the guy who worked for Lloyds and figured no matter what the dividend would repay his investment in the summer of 2008, a iii poster.
He might be ok now actually but its taken a while. Lloyds seems reasonable now, one of the worlds most dominant banks in its market almost justifying hbos was this unique position vs regulation
In pensions some trusts pay dividends from capital not profit exactly. In USA there is some interesting royalty only shares that pay out on infrastructure, the amount of gas transported over pipelines. Seems like a winning move because they get the cut whatever the oil price. WMB vs ETE was an interesting situation. PSX I should probably just keep hold of I think
Similar to how Buffets purchase of a rail network was described as good profit vs risk
On weekends I see lots of chart and stats type data put out, might as well post some
HBOS, dividends, risk management etc: The whole deleveraging dynamic I think really matters to finding easy money vs risk
https://forums.overclockers.co.uk/posts/31233440
https://dumptext.com/Nf2i5vSH
Well I was completely wrong about Kazakhmys being stabilised at just under £4.
I added another 500 @ 372p only to see it fall further. could have sold at a profit when it spiked back up to 420p but pc packed up that day and I hadn't set any sell orders.
Dropped to 300p yesterday and is 323 at present.
It has to be a BUY now though surely so added another 500
I know I'm probably wrong and will now have to sit back and wait long term as I have just over 10% of my whole allocation in KAZ now.
I will not buy anymore under any circumstance until the commodities come out of their trough.
KAZAKMYS have jumped from an open of 315p to 390p in minutes
They been £10 recently and I had to sell some. I'm thinking now to sell all in this year, all the commodities have been the best performance in the last year. Rising prices is bad for an economy is commentary Ive read and explains why they could pull back, every $ oil rises is like a tax increase except not tech perhaps
Read this guy instead of my wall of text
https://twitter.com/mgrahamwood
https://www.malcysblog.com/2018/07/oil-price-columbus-solo-bucket-list-alert-and-finally/
