Analysis of BP 2015

Company: British Petroleum

ISIN GB0007980591 | WKN 850517

Business: A British oil giant. They are divided into two business units which are: Upstream (extracting gas and oil) and Downstream (fuels, lubricants and petrochemicals). They currently have five brands: BP(oil and gas), Aral (gas stations where I buy all my petrol), Castrol (lubricants), ampm (convenience stores) and Wild Bean Café (cafés).

Active: 80 countries world wide employing around 84,000 people.

P/E: 32.6

BP annual report 2014

To me this report was like a comet hitting the water in a still mountain lake. I had expected the fourth quarter to be bad but this bad? No, that I just did not see coming. The response by the stock market was not very big... I think the share price decreased by only -1%.

Stocks of Interest: February 2015

I have kept dragging out my investments in the Russian ETF, in Tessenderlo and in Talanx. By the look of it I should not have have done that and instead I should have directly made the investment when the opportunity was there. So we shall see if I am a sufficiently calm investor for being able to increase my average share price of the companies.

I must admit that it is a bit of a hurdle since it is much easier to step in with equal cash and get twice the shares than to step in with equal cash and get half the shares. If I consider a company to still be cheap then I must also be prepared to do this and I think it is important to get over this hurdle because I will need it in the future.

When did you last time average up on your investment?

Summary of January 2015

My economy studies are now running at full speed which takes up, less time than what is should but still more then what I had hoped that it would do. That I received the books almost two weeks after the courses started also made be slightly behind. I have now almost caught up so that is good news and after the next very important tasks, deadline on the 7th of February, then it will become even more relaxed again.

I find it highly interesting to study once again but with economy I have very mixed emotions. Sometimes I have the feeling that they are making mathematical formulas for the purpose of trying to look like a scientific field and on top of that they mix in philosophy as an attempt to give even more weight to it... Still... learning it should hopefully not hurt me in the long run.

German inside trading: January 2015

No one will have missed the latest market excitement that has caused for instance DAX to bull run around +10% during January. The expectations are high which comes more from the QE from ECB than that the companies will actually increase their earnings substantially during 2015. Still with a weaker euro the export might increase and there are also good news from Spain showing increased growth.

For the previous report please click on German inside trading: December 2015.

Here are the dealing: