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juvenal

Bp Boss Hayward To Quit Within 24 Hours

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I stuck to my guns and bought into BP at £3 - I hope some other HPCers did and didn't listen to doomster Matt Simmons?

I hope Bob Dudley gets the top job as he's a Yank and seems very competent. The English, on the whole, make awful multinational CEOs.

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He's allegedly discussing his exit after a series of public relations gaffes.

His predecessor quit over allegations involving male escorts.

BP doesn't have much luck with its top men....

He was always going to be scapegoated, despite having little or no control over the situation.

He was vilified by the press for having a single day-off with his family.

To be fair, he'll get an excellent payoff.

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I stuck to my guns and bought into BP at £3 - I hope some other HPCers did and didn't listen to doomster Matt Simmons?

I hope Bob Dudley gets the top job as he's a Yank and seems very competent. The English, on the whole, make awful multinational CEOs.

Me too.  I got mine at £3.30, but even at £4 they will still be a good buy in the medium term.  I suspect they'll rise tomorrow if the succession is clear.

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I stuck to my guns and bought into BP at £3 - I hope some other HPCers did and didn't listen to doomster Matt Simmons?

I hope Bob Dudley gets the top job as he's a Yank and seems very competent. The English, on the whole, make awful multinational CEOs.

Sweeping statement. Who do you consider to be an awful multinational CEO.

I worked for a multinational that replaced its CEO with an ex-pat Brit who is actually doing a much better job than the two other US CEOs they had in two years.

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Me too.  I got mine at £3.30, but even at £4 they will still be a good buy in the medium term.  I suspect they'll rise tomorrow if the succession is clear.

That would buck the trend. Analysts are expecting BP to announce record losses for any multinational, out this week.

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Sweeping statement. Who do you consider to be an awful multinational CEO.

I worked for a multinational that replaced its CEO with an ex-pat Brit who is actually doing a much better job than the two other US CEOs they had in two years.

That fellow who ran Marconi into the ground springs to mind. It's a fact, very few British businessmen replicate their home success in the States - Goldsmith and Hanson are a couple of exceptions. America = Graveyard of the vanities

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That would buck the trend. Analysts are expecting BP to announce record losses for any multinational, out this week.

You said it, the analysts are already expecting huge losses so (as long as they're not surprised) that's already baked into the share price. What's gonna move this stock is a new CEO, asset disposals, sealing the well permanently and getting clear handle on claims. Personally, I can see plenty of upside IF nothing goes wrong with this relief well.

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You said it, the analysts are already expecting huge losses so (as long as they're not surprised) that's already baked into the share price. What's gonna move this stock is a new CEO, asset disposals, sealing the well permanently and getting clear handle on claims. Personally, I can see plenty of upside IF nothing goes wrong with this relief well.

You can't possibly say that on here! An asset that may go up in value :lol: Mega will be very upset...

I bought in at £3.70. Wish I had doubled up at £3.

Good value long term and as many on here don't and will never understand, the effects of the profit loss have been well priced in.

Value increases as a stock falls, many here will never understand this.

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I already hold plenty of engery trusts so i do't need BP.........................notice they selling off a LOT more than they said they would.......notice Exxon & Shell are looking it over...& China might fancy a bid?.............America would NEVER allow BP to go to China if it were US company.............but its not American.

Mike

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He leaves with a £12 million goodbye, if he invests it sensibly he will retire as a very young man, but greed will ensure he will go for another jackpot. :rolleyes:

He should buy some BP stock.

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I stuck to my guns and bought into BP at £3 - I hope some other HPCers did and didn't listen to doomster Matt Simmons?

I hope Bob Dudley gets the top job as he's a Yank and seems very competent. The English, on the whole, make awful multinational CEOs.

Pal of mine works in Singapore ; he's friendly with a geologist who knows Hayward well . Apparently, describes Hayward as an, "arrogant shite of the first order".

But shite or not ,you would expect someone in charge of a multinat. and pulling 4 million a year, to project an element of gravitas ,be able to unthinkingly communicate fluently and to display professionalism down to his boots.

Apparently Hayward was a good geologist; his public performances clearly show he was promoted above his competence.... he should have stayed at the coal face.

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  • 238 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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