And FYI with this sudden sell off, BP.L closed at 277p, that is 12x last QUARTERS earnings, next earnings in two weeks it could well end up being 5-6 TTM P/E… not saying people should rush in but in a generally overvalued market BP could potentially be a great option with some strong dividends at current rate (already reduced so not gonna be cut again).
Can anyone recommend a good clean energy ETF? I’m tempted to top up NEL ASA or Ceres Power at current levels, but thinking general exposure to the market might be better.
I guess it might depend on if you liked Ceres’ update?
What did you think of it?
I read it as meeting / exceeding targets so all good. I have this as a buy under £12, but just don’t want to get over exposed.