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 0.00 0.00 0.00 - 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 20.4 36,345

BG Group Share Discussion Threads

Showing 4076 to 4098 of 4375 messages
Chat Pages: 175  174  173  172  171  170  169  168  167  166  165  164  Older
DateSubjectAuthorDiscuss
24/12/2015
08:02
I'm guessing shell will not want to give any indication whatsoever of a dividend cut until after this deal completes They may even promise to maintain it to appease shell shareholders and then stab them in the back afterwards LOL It's a bit of a moral dilemma at the moment for the Shell board They know at current oil prices the dividend payments are unsustainable
spob
24/12/2015
07:45
Thank you spob. So insentive should be to complete the take over before the next ex dividends date.
karateboy
24/12/2015
07:36
Current shell forecast yield is 123.4/1565 = 7.9% I wouldn't bet the farm on that being maintained
spob
24/12/2015
07:21
No I mean any ex dividends declared by shell between now and the close of this deal. Last year the Shell fourth quarter dividend went ex div on Thursday 12 Feb 2015 (approx 31p) hTTp://www.shell.com/investors/dividend-information/historical-dividend-payments/fourth-quarter-2014-interim-dividend.html So if the deal has not been finalised before that approximate date this year then you would need to account for that dividend in your calculations so for example 383 + [0.4454*(1565-31)] = 1066 discount = 1066/990 = 7.68% This is just an example. Shell may decide that paying such a generous dividend in the current climate is totally NUTS! :)
spob
23/12/2015
21:56
Thank you spob. I assume (RDSB-dives) means , these initial RSDB shares do not attract any dividend until after a year. Is that correct? Using current SDSB share price, BG share currently worth £10.80.
karateboy
23/12/2015
18:06
Offer = 383p + [0.4454 * (RDSB - divs)]
spob
23/12/2015
17:45
With share price increased by 10% last two days, what is the discount to the Shell take over offer now ?
karateboy
23/12/2015
16:10
FT blog today 11:28AM BE BG-Shell then? PM Sure BG Group PLC (BG.:LSE): Last: 974.20, up 44.5 (+4.79%), High: 974.30, Low: 933.80, Volume: 3.02m BE The usual slew of press coverage, which I’ll ignore for the moment. BE Because there’s something much more interesting out of Olivetree this morning. BE Olivetree sent over a 5mb spreadsheet of RDS/BG holders and their trading patterns over the past year. BE As in, ~10,000 transactions mapped through the life of the transaction. PM sheesh BE The conclusion — as you’d expect, they’re an arb — is that the deal goes through. But the working involved in reaching that conclusion is heroic. PM (there. gif gone. sorry) BE The current spread suggests that the market remains paranoid about risk of Royal Dutch Shell failing to win support from 50% of voting shareholders. Even ignoring our own first-hand feedback from this shareholder base (which makes us comfortable with the dynamics of the vote) – pure statistical analysis suggests that this risk should be modelled as a low probability event. We currently have break prices for BG and RDS of 704 and 1703 respectively, suggesting that the market is ascribing a 73% chance of the transaction completing. Clearly stating the obvious, but whichever way we approach the concept of shareholder risk, the chances of a successful deal are materially higher than the market currently models. BE And in terms of what the data say …. BE · 70% (18 of the top 26) of shareholders have increased their weighting in BG relative to Shell since the announcement of the deal. · The relative weight of BG to RDS in the FTSE has gone from 22% to 33% over the life of the deal and 9 of these top 26 shareholders (35%) have upped their weight in BG in excess of this. · The RDS votes owned by those disclosed holders who have increased their exposure to BG amount to 34%. Those that have increased in excess of the index reweighting amount to 5.7% of RDS votes. · Modelling a 65% turnout at the forthcoming RDS EGM would suggest a voting power of 68% and 11.4% respectively of these groups. · We can look at the behaviour of the top 5 RDS shareholders: Capital we discuss below, but Blackrock, as the largest RDS holder have increased their BG position (# shares) by 2%, and in RDS by an identical percentage. Legal & General have decreased BG by 1% and decreased RDS by 0.3%. State Street have decreased BG by 10% and RDS by 6.5%. Aberdeen have decreased their BG holding by 10% and decreased their RDS position by 8%. · Of those that have NOT increased their BG weighting, we only have Qatar (1.36% of RDS, and the press lead us to believe are supportive), T Rowe (81bps), Capital (3.87%), Wellington (17bps) and Threadneedle (94bps). Summing these entities gives 7.15% of the Shell register, obviously heavily skewed towards Capital and Qatar. Threadneedle have added materially to RDS positions since the start of the transaction. BE Contact Olivetree directly for the full spreadsheet.
spob
23/12/2015
13:23
Lovely rise
badtime
22/12/2015
10:08
Or their trying to get Shell shares even cheaper by driving down BG share price with these stories and picking them up at the lows.
gary1966
22/12/2015
09:24
Probably, you know these brokers haven't got a clue :-)
choktaw
22/12/2015
09:13
.....is that why BG's share price is rising this morning, choktaw?
emptyend
22/12/2015
09:09
BG Group (+3.13%); It has been reported this morning that the Shell/ BG merger deal may collapse (AlphaValue says). Shell would only have to pay $800m to stop the deal as opposed to the merger price of $13bn. Given the price of oil is now half of where it was when the deal was struck last April, some investors are selling BG and buying Shell in order to play the bid collapse theory.
choktaw
22/12/2015
08:40
Monty, It won't be around in 12 months if Shell walk away. BG have attractive assets that will help diversify other majors. Shell needs BG as much as BG needs Shell. As the note in post 37 says too much time and energy spent on this deal for it to be tinkered with or collapse now. Nothing in the announcements from the companies suggests anything going on behind the scenes to change the terms of the deal. Prospectus out in the next few days to re-affirm the terms of the deal. I guess there is a chance of institutions that will decide the fete of the deal could be working in concert and heavily shorting BG and going long Shell but I am sure there are rules about this. ATB whatever anyone decides to do.
gary1966
22/12/2015
07:39
Shell should walk away, BG falls to 650p, then come back in 12 months buy them cheaper.In the meantime Shell shares trading around 2000p.
montyhedge
21/12/2015
20:55
22? In your dreams
badtime
21/12/2015
20:41
I hope deal off, Shell will to bounce to £22 if they call it off.
montyhedge
21/12/2015
19:56
Deal will go through. Re-read spob post 37. This deal has taken an awful lot of time, effort and money to get it to this point. Companies of this size do not pull out of deals like this. Take the opportunity that the market is offering. GLA
gary1966
21/12/2015
19:01
No thumbs down fund bought 12.4 months shares ,what sorry no can do
84stewart
21/12/2015
18:31
I meant on RDSB mick, apologies on the ambiguity of the post.
essentialinvestor
21/12/2015
18:15
Query to Essentialinvestor, presumable if the deal is not approved by Shell share holders the BG price will plummet rather than increase? I agree the Shell price is likely to increase in that eventuality. Am I missing something? Thanks
mick
21/12/2015
17:33
Well if they walk you are looking at 6-7% up on that announcement imv. In terms of the commodity low agree Q1-Q2 '16 may be an interesting timeframe. Would expect SP's to begin to bounce before the ultimate commodity lows.
essentialinvestor
21/12/2015
17:04
I am watching with interest, very high volume today. I am still not sure if the merger will go ahead or not, the market giving it thumbs down by the looks of it!
wipo1
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