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Share Name Share Symbol Market Type Share ISIN Share Description
BG Grp. LSE:BG. London Ordinary Share GB0008762899 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1,062.00 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 10,959.4 2,016.4 46.4 21.2 36,345

BG Group Share Discussion Threads

Showing 4026 to 4049 of 4375 messages
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DateSubjectAuthorDiscuss
13/11/2015
15:45
I hope you're right, GNR, I've decided to join in for a few. It looks cheap at the moment, but so do lots of other stocks.
eaaxs06
12/11/2015
19:58
RSI at 25 is way oversold, last chance saloon if you believe as I do it's almost a done deal now with former foe Peter Costello helping Shell with the $98b merger! Not long to go for the Ausie stamp of approval. hTTp://www.afr.com/brand/rear-window/peter-costello-20151111-gkwkgk#ixzz3rJCkNTOJ Follow us: @FinancialReview on Twitter | financialreview on Facebook
gotnorolex
12/11/2015
15:20
So the best one to buy is BG if it goes through
stevenrevell
12/11/2015
14:43
no u are right i contactED BG IT IS CASH&SHARE OFFER NO MATTER PRICE OF SHELL SHARE BUT HAS GOT TO GET BOTH SETS OF SHAREHOLDERS AGREEMENT BUT ANYTHING UNDER£20 I WOULD VOTE AGAINST, BUT MY PALTRY 40,000 SHARES WONT MAKE ANY DIFFERENCE
84stewart
12/11/2015
14:18
That is not my understanding on the deal structure, if Shell trades lower you get less, unless I have completely misunderstood this.
essentialinvestor
12/11/2015
14:13
The way i see it shell offers to buy BG £13.50 P/SHARE £383 CASH PER BG SHARE PLUS .4454SHELL SHARES PER BG SHARE ,apart from SHELL will have to make up difference i.e. more cash per share or more shell shares say £450 or/and .55 shell shares to bring it up to 70bln dollars has anyone thought of that. IMHO
84stewart
12/11/2015
10:39
What's the shell deal worth at today's price ?
stevenrevell
30/9/2015
13:30
The October oil stock challenge is still on....deadline for entries is midnight tonight..... http://uk.advfn.com/cmn/fbb/thread.php3?id=34575575 Good luck!!! fb
flyingbull
17/9/2015
22:45
Yes an 'Amber light'. Given how pretty much every industry here is a duopoly or some kind of non competitive industry I can't see this getting stopped
johnny1982
17/9/2015
08:54
Australia watchdog queries Shell-BG deal ACCC concerned £43bn tie-up not in consumers’ interests
spob
03/9/2015
03:53
hTTp://www.theguardian.com/business/nils-pratley-on-finance/2015/sep/02/shell-still-has-to-prove-its-bg-group-takeover-is-a-slick-deal Wednesday 2 September 2015 20.09 BST Royal Dutch Shell has got the thumbs up from the European commission for its £55bn takeover of BG Group. That is two regulatory hurdles cleared, three to go. At that point, harder questions can be asked. Does this cash and shares deal, unveiled in early April, which feels like a different era for the oil market, still make sense? And will Shell shareholders back it? Shell bid for BG likely to go ahead despite oil slide, say analysts The second question is easier to answer. Fund managers only squash big deals in extreme circumstances. Fred Goodwin and Royal Bank of Scotland, for heaven’s sake, received overwhelming backing in 2007 to buy the worst slice of ABN Amro even as credit markets started to turn icy. At Shell, the chief executive, Ben van Beurden, has staked his reputation on the BG purchase and a rebellion would amount to a vote of no confidence in the board of one of the FTSE 100’s biggest companies. That drama, almost certainly, is not going to happen. But there is always the possibility that Shell could choose to walk away and pay £750m as a break fee. At today’s $49 (£32) for a barrel of Brent crude, the acquisition arithmetic looks less than compelling. At announcement in April, the takeover premium for BG was 50%, a price that seemed to make sense only if the oil price rebounded to $70 to $90 a barrel in reasonably short order. Indeed, Shell seemed to concede that point in the early days. Only later has the company argued, less than convincingly, that the numbers still work at current prices. BG shares are trading almost 13% below the value of Shell’s terms, reflecting nervousness among its investors. Adjust for Shell’s to-be-paid dividends and the gap is closer to 11%, calculates Barclays, but that is still hefty for a deal due to complete in the first quarter of next year. Barring another sustained fall in oil prices, Van Beurden is probably safe to plough on. But this purchase looks a long way from being the opportunistic piece of deal-making, which was the spin in April. One third of takeover price is cash and, make no mistake, a 50% takeover premium is hard to explain if it turns out you were not negotiating at the bottom of the market. It is too soon to say the deal is in trouble, but it is a long way from being done.
spob
28/8/2015
18:52
Some movement in today. BG. - 994p RDSB - 1706p Implied BG. deal price = 1706*.4454 + 383p = 1143p Or 15% discount.
nigelpm
27/8/2015
20:51
BG. - 962p RDSB - 1659p Implied BG. deal price = 1659*.4454 + 383p = 1122p Or 16.6% discount.
nigelpm
26/8/2015
22:46
bg 928 rdsb 1593 disc 17.7%
spob
26/8/2015
21:34
Funds bet on Shell deal as oil prices plunge Arash Massoudi and Miles Johnson FT 24 August 2015 A global stock market sell-off and tumbling oil prices have increased fears that some of this year’s largest takeover deals are at risk of falling apart — including Royal Dutch Shell’s $70bn bid for UK rival BG Group. Over the past week, the gap between the agreed price of several takeovers and the market price of the target companies’ shares has widened, as funds that specialise in profiting from these situations have taken fright. More On this topic Shell wins go-ahead for Arctic drilling Shell cuts 6,500 jobs and capital spending Lex Royal Dutch Shell — the hard bit Shell eyes billions of savings on BG deal IN Oil & Gas Schlumberger to buy Cameron for $14.3bn Investors fear dividend cut by oil majors India’s LIC saves Indian Oil share sale Transocean skips dividends as losses rise The spread on Monday between the £13.50 cash-and-stock offer that Shell made for BG Group, and the price of BG’s shares in the market reached its highest level since the deal was first announced in April. Brokers and traders said that at one point the spread stood at 17 per cent, as oil prices hit their lowest level in more than six years, with Brent crude about $43 a barrel. Shares in BG Group fell 6.9 per cent to £9.31 on Monday, while Shell shares lost 6.3 per cent to £15.86. A widening of the deal spread does not necessarily mean a takeover is at immediate risk of collapsing, but is usually interpreted as a signal of declining confidence that the transaction will complete as planned. One broker said that bets on the outcome of Shell’s deal for BG represented the biggest trades being made by so-called event-driven hedge funds in Europe. He added that he had not seen as many questions being asked about a deal’s prospects since last year’s tie-up between US drugmaker AbbVie and UK rival Shire. That transaction collapsed unexpectedly when AbbVie walked away from the deal, causing large losses to arbitrage funds blindsided by the move. Another deal spread to reach its widest level on Monday was that between Halliburton’s $35bn offer for US oilfield services company Baker Hughes and the target group’s market value. This deal, which was agreed last November, is still awaiting regulatory clearance in the US. "This sort of environment tends to create opportunities to trade around dislocated spreads" - Alper Ince, managing director at Paamco Alper Ince, a managing director at Paamco, a California-based investor in hedge funds with $9.5bn of assets under management, said: “The energy space is probably bearing the brunt of this, while other large deal spreads in other sectors are showing less signs of stress so far.” He added that some hedge funds would seek to profit from the jitters surrounding takeover deals. “This sort of environment tends to create opportunities to trade around dislocated spreads,” Mr Ince said. Shell has tried to defend the price it is paying for BG Group, despite the continuing weakening of the oil price since the transaction was announced. Its executives said they had found more potential cost savings since the deal was first announced, and the chief financial officer told investors that the deal works even if the oil price does not rise beyond $70 a barrel in the coming years. Shell has also argued that an acquisition would immediately add to its cash flow and allow it to maintain its dividend. Additional reporting by Anjli Raval COMMENTS (20) FTpsuedo 5 hours ago What happens to the del logic if the oil price stays below $50 a barrel until 2020? ReportShare RecommendReply Phil_20686 1 day ago I always find it a bit odd that Shell is not simply buying shares in BG group in the open market. If BG group is far below the target price why not buy as much of the company as you can at a discount to your offer? ReportShare RecommendReply John Newquay 1 day ago Shell management have spent months defending this deal. How can they now say they are paying too much without losing face? ReportShare 4RecommendReply W_G 1 day ago When the price of oil collapses, some oil companies become relatively inexpensive because the economics of drilling with the risks attached really don't match up against purchasing discovered reserves. And actually, any oil company can be in play as it becomes harder to replace reserves when it becomes non-economic to drill. So where are Amoco, Arco, Enterprise, Getty or Mobil or Conoco and Phillips as stand-alone companies? It really has less to do with efficiencies but more to do with deep pockets and companies that have a fiduciary responsibility to their share holders to provide a return on investment. The former can buy and latter may sell. ReportShare 3RecommendReply Felix Drost 2 days ago Another possible significant Shell failure. After rushing into shale, Russia and Canadian tar sands, retreating from Nigeria for politically correct reasons and bumbling into potentially dangerous Alaskan waters, here, another risky maneuver is turning sour. Admittedly, Shell no longer is the rational engineering company boldly expanding into a world that rewards bold rationalism. What Shell fails to realize sufficiently is just how quickly the world is changing. Energy prices thanks to shale and its spinoff technologies will remain very low for the medium term at least. This was foreseeable but Shell did not foresee it. A company like Shell ought to translate low oil prices into palpable benefits for its downstream customers. Instead it's playing high stake games and falls short. ReportShare RecommendReply MalcolmHartney 1 day ago @Felix Drost aren't you being 'wise with hindsight'? The deal still makes sense if Shell is in it for the long term. ReportShare 1RecommendReply Felix Drost 1 day ago @MalcolmHartney @Felix Drost No, we've been discussing a long term depressed oil price for about a year here now in the comments section, guesstimating a long term price between $40 and $60. Shale reserves are huge and (nowadays) hyper competitive companies are rushing new technologies in order to extract every last penny's worth and prove their relevance. Oil is now at $38, that profoundly hurts shale production but shale cannot be killed, shale technologies now are very mature and continue to improve: the moment oil goes up, so will shale production and with it, the price point at which the method is profitable falls. Of course it would be hindsight to say that the deal is too expensive now if there was no previous track record, but there was. I've never said anything about stock prices because those are more closely related to bubbles in China than Shell's actual performance and outlook. I used to be a "fan" of Shell under Jeroen van der Veer, but these are different times and the bets are far riskier. Better understanding these bets and calling them professionally is what Shell needs to do. Considering all the failures I enumerated, Shell no longer has that capability. It is living in the past. ReportShare RecommendReply Guy_Bransford 2 days ago Shell buying BG now is like RBS buy ABN AMRO in March 2008. Why the hurry for Shell? Why not at the very least prorate their offer for market moves since the deal was announced? ReportShare 6RecommendReply John Clark 54 2 days ago @Guy_Bransford Shell's management 'prorating' their offer could be admitting they had made a mistake and losing the chance of managing the enlarged company. I suspect they would rather lose their shareholder's money than lose face. ReportShare 7RecommendReply taffer 2 days ago @John Clark 54 @Guy_Bransford how much exit fees would need to be paid to BG? ReportShare RecommendReply tinhatman 2 days ago @taffer @John Clark 54 @Guy_Bransford £750m reverse break fee payable for change of recommendation to Shell shareholders on the class 1 approval. ReportShare 1RecommendReply Be a Debaser 2 days ago @tinhatman @taffer @John Clark 54 @Guy_Bransford Interesting, only 1% break fee.... Is that market norm? Seems quite low to me considering the potential impact for BG. ReportShare RecommendReply MalcolmHartney 1 day ago @John Clark 54 @Guy_Bransford As a shareholder I would rather they went ahead. I don't think BG is as bad a deal as ABN AMRO was for RBS (and note that Santander bought some 'attractive' bits of ABN AMRO!). ReportShare RecommendReply Mr Passive 1 day ago She'll are paying 60% or so in shares so the deal price moves with the mkt. but I don't think She'll have quite factored in how low and for how long oil prices will stay low..... ReportShare RecommendReply The real greybeard 1 day ago @Mr Passive When you know how long the oil price will stay low, you will become a very rich man. ReportShare 1RecommendReply Mr Passive 1 day ago @The real greybeard @Mr Passive Bull mkts last about 7-10 years, bear mkts about 17 ReportShare RecommendReply JP 1 day ago @Mr Passive rubbish.. Markets fall about 3 times faster than they rise ... fear is so much strionger than greed... puts always more expensive than calls at the wings .. ReportShare RecommendReply Mr Passive 1 day ago @JP @Mr Passive in oil errrr fact. Go and look back at the very long term charts for how long the oil price stays down ReportShare RecommendReply JP 1 day ago @Mr Passive This deal perhaps isn't so much about oil... maybe on the face of it these are both 'oil' companies .. but once the deal is done ... this is an LNG powerhouse... these projects require so much capex that scale has to be an asset... Low prices will fix the oil price... just like high prices fixed themselves... ReportShare 3RecommendReply FTpsuedo 5 hours ago @JP @Mr Passive they could short BG stock, then walk away from the deal, maybe the profit would cover their break fee? Or isn't that legal?
spob
26/8/2015
19:31
Shell want the deal. It will cost them more than the tangible 700m if the deal fails
nigelpm
26/8/2015
15:24
It wouldn't be a complete surprise if the deal falls apart - certainly not if share price and oil fall further, which is likely. £700m is petty cash - and certainly more favourable compared to the premium being paid.
eisler
26/8/2015
10:13
Bought some BG. Huge arb now.
nigelpm
25/8/2015
06:53
not that small 700mln is 700mln and if they pull out who could take place,plus BG. HAVE WHAT SHELL DONT that is huge gas inventories which can takeover from oil in many ways
84stewart
24/8/2015
19:16
http://www.ft.com/cms/s/0/dc4314a8-4a74-11e5-b558-8a9722977189.html#axzz3jkzAuUzr
holts
24/8/2015
18:22
700m is small change for Shell imv.
essentialinvestor
24/8/2015
12:40
a renegotiate would cost shell as BG. CANNOT BUDGE backwards, large investors would have CEOs guts.if shell pulls out cost £700mln
84stewart
24/8/2015
11:34
Given the fall in both BG and Shell now looking very sick - BG sub 940 and RDSB sub 1620 . Market seems to be to be suggesting deal may fall through or be renegotiated - Thoughts ??
pugugly
21/8/2015
17:07
shell 1698 bg 1005 disc 13%
spob
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