BG Group Share Discussion Threads

[zyzzyva] 15/1/2016 17:06

oil price has halved since the deal was announced. i cannot see how shell shareholders can support the deal now. imo if they voted against it shell shares would jump. we saw that a week or two ago when a major shareholder came out against the deal.

[mavis5] 15/1/2016 17:02

Most "big" shell shareholders seem to be saying they will vote for it as Shell is better with BG (at least that is what the press seems to be saying). IMO though, I dont think these "big" shareholders would regard oil at less than $20 as other than short term.

[zyzzyva] 15/1/2016 15:59

sure but will the big shell shareholders still vote for the deal when the oil price is $30, $25, $20 or lower?

[mavis5] 15/1/2016 15:54

IMO the answer is that the deal is not done based on the volatilities in the near term oil price. I think they (most analysts) are saying we believe oil will recover somewhat in the longer term, perhaps toward the the $60 or more.

[zyzzyva] 15/1/2016 12:11

didnt they originally say the deal made sense at $70 a barrel... then $60 ... what is it now?

[zyzzyva] 15/1/2016 11:47

have these guys already cast their votes? what will they do if the oil price falls to $25, $20, $15, $10.... ?

[osirisra] 15/1/2016 08:03

So much for the big hike at open, bloody POO (in more ways than one).

[montyhedge] 14/1/2016 21:08

BG and Shell up bigtime tomorrow, Shell up over 7% in US tonight.

[osirisra] 14/1/2016 15:33

Ok, what just happened? share price spike.

Just checked, POO spike of 50c but can't see why

[stevenrevell] 14/1/2016 14:14

This will be gone in 12 months to someone if it doesn't go thro

[84stewart] 14/1/2016 13:04

I finally got paperwork thru 6 pages of notwithstanding,has anybody read it ,i am not sure if they are supposed to be paying 10p divi before deal closes ,i got bored reading it ,can somebody enlighten me.

[84stewart] 14/1/2016 12:16

monty
YOU voting no again ,now we know

[montyhedge] 14/1/2016 09:18

I in two minds. Now I'm voting NO.They are allowed to bid again 12 months time.

[84stewart] 14/1/2016 08:31

If u vote default--- to option 4 that says u have voted yes I believe as that is what I have been left with by online broker

[linhur] 13/1/2016 22:23

Meetings are on 28 January, Proxies for meetings have to be in 11am 26 January
Elections in by 4.30 12 February. Effective date and listing 15 February. Allow 4 days for forms to be received by Equiniti.

[wskill] 13/1/2016 22:16

If the Chinese stock market follows the US I can RDSB trading at less than £12 in a few days, don't really think that the management have the balls to pull the plug now even though the deal fundamentals has changed dramatically.
the break even point of €60 per barrel is years away now.

All the noise of gas pricing is just that Japan is going back to nuclear it has to gas is too expensive, and this has been the main driver in gas pricing for a good few years.

[zyzzyva] 13/1/2016 21:27

when do investors have to make their final decisions on what way to vote? are the EGMs on 26/27th

[enturner] 13/1/2016 21:11

Value used for conversion of RDSB shares received to cash will be the opening price for RDSB on 15th February under the current agreement. Your £3.83 per BG. share is fixed, but if you elect to receive all in cash then the RDSB shares you receive under the offer (0.4454 RDSB for every BG. share) would be converted to cash based on the opening RDSB price on the 15th Feb. You won't know your total until that day but you will have to elect (other than the default position) beforehand. I believe 10th. The risk is that the market will be diluted, and under downward pressure, on the day but the cash leaves you the option to buy back in at a lower level shortly afterwards. You spend a little extra on Stamp and broker fees but at least you hit the button on an agreed price beforehand rather than leaving it up to the market makers on the 15th. I suspect we'll see a little dip 16th-19th when dilution/offloading will occur and a 100% cash option could be converted into RDSB at optimum buying levels. An all Share option however could see you saving stamp duty and broker fees whilst buying RDSB at an average of low 1200s. The default option gives you the option somewhere in the middle. Once again you make your own mind up as no one ever really knows how the market will react. Best of luck and hope this helps. If anyone sees it differently then I welcome a response. E

[84stewart] 13/1/2016 10:48

Can anyone help ,I got my options thru online for the sale ,option 4 is all cash offer but no price and is it per BG. Or shell shares

[osirisra] 13/1/2016 06:07

The BBC trying to scare everybody this morning saying POO is predicted to go to $10 a barrel due to oversupply.
I was explaining to a friend last weekend that oil Co's have production costs per barrel, they vary from oil field to oil field. As the price goes down through a field's production costs you don't automatically shut it down. It costs too much to lay people off, moth ball, buy your way out of rig/ tanker contracts and then reverse everything if the price goes up. You suffer producing at a loss, albeit cutting production back and maybe putting staff on a bit of short time. A sustained fall over a protracted period of time will mean that contracts do not get renewed and cheaper buyout clauses are taken up. Big oil Co's are not big because of incompetent management.
In short, yes the POO may drop to $10 a barrel but if it does it will be a blip as no producer in the world makes money at that level. We've seen POO bump along between $30 & $35 for a short while, big oil firms cutting the fat. If $30 is tested a few times and holds I'd say that the bottom was in. If that turns out to be the case then big oil firms will trim more fat and the pendulum of supply and demand will swing, futures will pick up and we'll all wish we'd bought more oil shares a bit sooner.
Osi'.

[topdoc] 12/1/2016 14:28

what will happen to a spreadbet position in BG