Shell Share Discussion Threads

[the white house] 19/4/2024 20:13

You told us grandly not long back you had sold out completely at 24 as the divvi was poor. Clever guy

[spud] 19/4/2024 19:39

Aka the clot in clogs. spud

[adg] 19/4/2024 19:31

Yes - van Beurden really was a silly blinkered nut-zero tree huger pretend oilman wasn’t he - what a complete tool

[xxxxxy] 19/4/2024 18:22

Good and fair article .

[loganair] 18/4/2024 10:17

It is a well known fact that especially oil companies buy back their shares near the highs which is poor value for the share holders.

It is the brokers who are making loads of money out of the fees they receive.

[geckotheglorious] 18/4/2024 10:00

Spot on CraftyAle

[hellscream] 18/4/2024 08:21

edd milliband is a good enough reason to leave.

[xxxxxy] 18/4/2024 08:03

True ...Sadly

[craftyale] 18/4/2024 07:56

Shell are considering a move to the US for good reason. The British public, media and politicians scream when profits are announced. Shareholders are akin to Satan for receiving a dividend. A company that produces a product that society desperately needs is seen as evil. All from a lazy, socialist, dysfunctional and opinionated UK public that have achieved nothing since WW2. Shell needs to leave the UK and become an unshackled and appreciated company. Shells buybacks are a direct consequence of an idiot government which is destroying the UK. Actions have consequences, unless you are the UK public who just bend over and take it. Buybacks wouldn’t be happening in the US.

[xxxxxy] 18/4/2024 07:51

Passenger car sales dropped in Europe as demand for electric vehicles dried up.New-vehicle registrations fell by 5.3pc across the European Union to 1m last month, according to the European Automobile Manufacturers' Association, with EVs particularly hard hit.Sales of battery-powered cars dropped by 11.3pc as demand in Germany, Europe's largest economy, plunged by 28.9pc.The market share for EVs shrank from 13.9pc in March last year to 13pc in the same month of this year. It comes as Volkswagen, Mercedes-Benz and Tesla all reported falling electric vehicle sales in the first three months of the year....Daily Telegraph

[pj84] 18/4/2024 01:50

Warren Buffet doesn't agree and believes buybacks should only occur when the share is undervalued. He also thinks asking management whether their company is undervalued is like asking an athlete before a game whether they think they will win and for that reason a buyback should be based on some value metric so that buybacks only occur when the share is undervalued and not the current fashion of routinely using buybacks as a way of returning capital. He regards that as being akin to saying I have x amount to spend on buying a business and I don't care how high the price goes I am still going to buy.

I agree with loganair on this and many other shares.

The institutions arranging the buybacks always win with their fees a bit like lawyers.

[the white house] 17/4/2024 13:32

Clueless & ignorant postbuybacks started a couple of years BEFORE Covid

[loganair] 17/4/2024 08:33

Typical of oil companies to buy back their shares when their share price is near all time highs.

The problem is when the oil price is high, oil companies are making huge profits and their share price in turn is high. At these times I would like to see Shell hold on to their profits until the oil price falls back leading to a drop in their share price then use the profits they've held back to buy back share.

How about Shell buying back their shares during covid, buying back as many as they could when the share price was under £10, could have bought back 3 shares for the same price as they are now buying back just 1.

It would be in the share holders interests for Shell to stop buying back shares when over a certain price, for example when the share price is above £20 Shell stops and when falls below restarts it share buy back programme.

More often then not, share buy backs destroy value in a company.

[veryniceperson] 17/4/2024 00:21

Just think about how many millions they are saving on the dividend payout. Debt reduction when they finish share buybacks. Then, just think about what the share price might be and the size of the dividend. It's the same as BP, which I hold.

[the white house] 16/4/2024 15:40

Further restrictions/sanctions of Iran to sell oil to come : Yellen

[adg] 16/4/2024 10:18

They were gonna spend £100b on a stupid train line between one 3rd world slum and another 3rd world slum - so what’s £60b to secure UK with a clean cheap reliable energy future

[loganair] 16/4/2024 09:56

Rather than buying back shares when the share price is so high, I'd much prefer Shell to use the money to pay off more debt.

[hellscream] 16/4/2024 09:38

nuclear? the counrty cant afford it. 50-60B and 10 years to build. we need like 10 plants.

[xxxxxy] 16/4/2024 07:29

But I think, near certainty , EVs are a niche market only.Real future is nuclear .But politicians fail to lead, and fail the people .

[philanderer] 16/4/2024 00:14

Daily Telegraph

Questor update Hold

[xxxxxy] 15/4/2024 11:59

Best can be said EVs are a niche market , not a mass market.Laws of Physics Rule OK

[xxxxxy] 15/4/2024 11:58

Tesla will reportedly lay off 10pc of its global workforce as demand for electric vehicles wanes and amid increased competition from China.The world's largest electric car maker will cut around 14,000 roles under the plan. It employs about 140,000 people.Chief executive Elon Musk announced the "difficult decision" in an internal memo to staff that was leaked to Electrek....Daily Telegraph