Shell Share Discussion Threads

[eisler] 31/7/2015 14:46

I base my bearish position on exactly that - the oil price. I take my info not just from brokers or other media sources, but personal contacts within the industry. Top line is that sentiment is $50 is here to stay and $30 is a distinct possibility. Both scenarios will weigh on earnings/divi and share price I have lots of other reasons but none I would choose top share here.

[jonwig] 31/7/2015 14:44

Interestingly, I didn't read Eisler's comment as "too cautious". The inspection area is one which is surely a target for severe cost-cutting: if Eisler knows this, others across the industry do too.

That ties up with the synergies RDS are promising will be greater than the market assumes.

I actually think it's sentiment in that the spot oil price isn't so important to an integrated major as to - say - an explorer or support company.

"This was a gift pre results." I wish you'd told us this on Wednesday evening!

[essentialinvestor] 31/7/2015 14:35

Eisler, why are you so cautious here?, you can't just say sentiment
as sentiment is largely based on the oil price surely.

This was a gift pre results.

[eisler] 31/7/2015 14:02

Having worked in the supply chain for energy, I have seen what premiums the majors pay for 3rd party inspections, extra documentation, non-standard products etc etc. I have seen inspectors standing around for hours on end waiting to inspect products (all chargeable) and their accommodation costs. The mountains of paperwork for even a small value order. They're not perfect, but the energy sector could learn a lot (and save a lot of margin) by looking at the automotive and aerospace sectors for more efficiency in supply chains. Whilst safety/fitness for purpose is paramount, there are better/more efficient ways that the oil & gas sector could do things - to make US more money!

[cc2014] 31/7/2015 13:03

Oil falling and RDSB going up - can't complain at that. Hoping this weeks rig count numbers are more appropriate than last week

[supermarky] 31/7/2015 12:53

Lovely little rebound going on

[irnbru2] 31/7/2015 00:34

It's called a knoding donkey, there are 1,000s of the in Texas.

[my retirement fund] 31/7/2015 00:22

To be frank if you had a beaker and could collect oil from the bottom of your garden under a stone ousing from a few natural geological features and sell each beaker for 50 pence every few days or so, it would be a profitable enterprise.

[moneysage] 30/7/2015 23:49

Apology accepted Orient.But let's forget spelling a minute and get back to numbers.Any predictions on when this will get to 2000+ And when do we go ex dividend please?

[0rient] 30/7/2015 22:51

Nice answer IrnBru2.. I've worked in the oil industry for many years and seen this cycle a couple of times before. Excess people employed due to obscene profit margins on $100+ oil price..does not mean oil price below and around $70 not attractive. Certainly workable and profitable.
Apologies moneysage for spelling mistake..iphone predictve txt

[irnbru2] 30/7/2015 22:39

Over to CNA.

[irnbru2] 30/7/2015 22:32

Why are Shell getting rid of 6,000 people.

This is not a trick question, were they not needed.
If so, why were they employed.

This is nothing to do with efficiency.

[irnbru2] 30/7/2015 22:29

0rient   30 Jul'15 - 21:59 - 3791 of 3793    0   0

ha ha North Sea Oil Industry was booming with an Oil Price below $70 not that long ago IrnBru2..you knew to the game??? :-))
-----
Was at meeting last week.

BP were making more (% wise) when oil was $10.

It is not about the price of oil, it is about efficiency.

[desperate dan] 30/7/2015 22:26

O/T:

Most of the time I spend any time with advfn, during the UK trading day, on my Windows desktop, on a Chrome browser with the majority of invasive marketing blocked.

Sometimes in the evening I browse the advfn forums on my iPad - what a damned unpleasant experience! Pop-ups galore, messages overriding the forum's text etc.

It's a pain in the butt to such an extent I would gladly sack viewing advfn at all but for forums. Have studiously avoided ever upgrading with them - their software is that good they should be in the chocolate business - flakier than the flakiest flake!

Can anyone please recommend a decent ad/pop-up blocker when using IOS?

[moneysage] 30/7/2015 22:19

NEW, not knew.Sounds like some ones NEW to spelling.

[0rient] 30/7/2015 21:59

ha ha North Sea Oil Industry was booming with an Oil Price below $70 not that long ago IrnBru2..you new to the game??? :-))

[irnbru2] 30/7/2015 21:50

$70 does not do it for the NS.

[essentialinvestor] 30/7/2015 21:48

T Boone Pickens sticking to his $70 year end call for oil, interview on Fox Business today.

[moneysage] 30/7/2015 17:57

Great day. That was a gusher!!

[supermarky] 30/7/2015 14:03

Yes well the whole chart looked weak. Booming today though. Lovely jubbly. Xd shortly yippee. Hopefully this is the boost needed to regain some of the losses.

[nw99] 30/7/2015 11:47

Bought a shed load more 6% yield plus attractive chart rebound

[contango1] 30/7/2015 11:35

The double bottom looks a bit weak compared with the failed double bottom at 2000!