The Official Stocks and Shares Thread

Something to watch, as I know how many people on here love their risky oil companies, is Northern Petroleum. At their current share price they are already cheaper than their net assets and their is vague speculation of a takeover bid from shell.

Is this potentially a win-win buy? If there is a takeover, your in for a huge profit; if not, the shares surely cannot fall any lower since they plainly undervalue the company.

Can you provide the evidence of what their assets should be? Im reading market cap as 86.6m

Also I have been looking at GCM and that was an interesting article. One could argue it is only a matter of time with nearly a 30% shortfall in power output but still seems quite risky due to the uncertainty to me (Unless I can be shown otherwise).

Has anyone looked at BPC? They undertook a seismic survey over a month now, so I'm guessing results will come out fairly soon? Not looking good at the moment though - SP has been dropping day after day and there was a fairly large director sell recently...

fellow pi's need ur view on LLOYD extreme short term.
got in today with 12k shares, after reading HSBA and BNP results.
i am hoping to make a grand in 2days time,(results out on wedneday) and get off, is it possible considering the results of the whole sector is looking very promising.

HOIL paying £1 special dividend, ex-date is august 13. so get in whilst you can.

glad that lloyds put up a bumper profits, but sure i wasn't expecting £1.6 bill, i was looking around £1bill, looks like i will have to stay untill BARC and RBS announce their results. a further boost to the SP.

Yeah I've got some but not very much at all. Bought them at 4.25p so think I'm about 25% down atm. I'll hold on to them though (and may even top up if it drops much lower and I have spare cash) as long term nothing has really changed imo.

Director sells are never good but he still has 2/3 of his original holding and if it was bad that would be an illegal sell (and I'm sure he would have sold more in any case if it was that bad).

Always “average down” and buy more shares in one you’re already losing badly on as you may end up breaking even.

Nice. If you buy in before 13th August, then when is the earliest date that you can sell at and still get the dividend. Also, when the dividend is paid, the share price will drop won't it?

Always “average down” and buy more shares in one you’re already losing badly on as you may end up breaking even.

Ugh! Has anyone had to transfer shares from one broker to another? I've been waiting for about a month to discover HSBC (where I have two stocks) have not received a request from my new broker, III.co.uk Another request is going out tomorrow, but this process seems so lengthy and I feel powerless over whats happening.

Im afraid not but I have just set up an account with III.co.uk, how long did it take for them to get back to you after the initial registration? Also are you pleased with their service so far? Thanks!

Im afraid not but I have just set up an account with III.co.uk, how long did it take for them to get back to you after the initial registration? Also are you pleased with their service so far? Thanks!