BG Group Share Discussion Threads

[stevenrevell] 11/1/2016 13:16

She'll back out off this now Exxon will snap it up

[osirisra] 11/1/2016 13:10

All true Monty, it is intriguing. The thing about the $30 $60 issue is how long will these prices last? Nobody better placed to understand the world, competitor and their own economics than the Shell board and they (publicly) have stood firm. Will they look into the mirror and blink? Will the shareholders force them to?
Call me a nerd but this is more interesting than watching a soap opera.

[montyhedge] 11/1/2016 12:17

I loved the deal at $60 break even point for it to work, at $32 for me does not make sense. Standard Life thinks so too.
Voting 27th and 28th Jan, it will be close.
Shell can always bid again in 12 months at a adjusted price, if oil around $30.

[osirisra] 11/1/2016 11:02

Monty, it depends where you read, these snippets are taken from The Wall Street journal as of last Friday. Point B is in reference to the link you posted, I just can't wait,,, like everyone, for point C to pass!!

A: Shell confirmed the meetings and said the fall in oil prices hadn't undermined the rationale for the deal. "We're confident the deal retains broad shareholder support and will complete as expected," said a Shell spokesman.

B: Standard Life Investments holds 0.4% of the A shares in Royal Dutch Shell and 1.7 % of the B shares.

C: Shareholders in Shell and BG will vote on the deal in meetings Jan. 27 and Jan. 28, respectively.

[zyzzyva] 10/1/2016 19:38

or he might just be a shell shareholder

[mavis5] 10/1/2016 18:44

Careful re "you have a short position on BG. monty".

I think you must be right.

[zyzzyva] 10/1/2016 17:25

when are the EGMs?

[careful] 10/1/2016 16:43

you have a short position on BG. monty.
am i right or am i right.
wrong call.

[montyhedge] 10/1/2016 15:22

Shell shareholders should vote NO.They can come back in 12 months time and offer a lower price, you lot would still take it.Standard Life now voting NO will other big boys follow.

[pugugly] 10/1/2016 14:14

BG (if oil price increases which very much depends on Saudi developments) would be snapped up by another player before Shell could get back in the game - Might even see Chinese or Saudi interests buying.

Agreed if POO now in a multi-year ongoing trading range of £20 - $35 then should consider selling ALL oilers and most oil service coys -

This would only probably apply if VERY MUCH faster moves than anticipated to carbon neutral/carbon free energy.

[84stewart] 10/1/2016 14:08

come back in 12 months BG.will/could be takenover for a bit more than £5 once oil price settles down, shell i don't think can bid again for 1year

[montyhedge] 10/1/2016 12:57

Deal will be off if the other big boys change their mind like Standard Life, who said YES in May now it's a big NO.Shell can come back in12 months and offer 500p.

[mavis5] 10/1/2016 12:09

Shell's £36billion offer for rival BG Group has received a boost after shareholder advisory group Glass Lewis is understood to have come out in favour ahead of the investors’ vote later this month.

Glass Lewis is the leading adviser for US shareholders and nearly a third of Shell’s investors and a quarter of BG’s are US-based. The deal has also won the backing of the other leading shareholder advisory group ISS last week.

Read more:

[mavis5] 10/1/2016 11:54

Standard Life have been saying no for months - nothing new there.

ISS recommending yes (on Friday 8 Jan)to institutional holders is considerably more relevant.

[montyhedge] 10/1/2016 08:11

Deal won't go through in my view, Shell holders changing their minds.Standard Life first big one, in May they said YES now NO.

[whoppy] 09/1/2016 13:20

So if we converted cash into Shell shares we would be getting them for £12-14, depending on closing price on the date of the offer?.
Considering the Shell divi, the more Shell shares you get the better. What the share price does in the long term who knows, but getting as many Shell shares at the low price would seem a good thing.

[careful] 09/1/2016 12:14

this will go through ok.
cannot understand the publicity given to one institution, standard life that will vote no.
only 1.7%.
they are probably short BG. as well.

[montyhedge] 09/1/2016 11:55

Shell big boys changing their minds.Back in May Standard Life said YES now they are saying NO.They hold 1.7% in Shell, being a shareholder in Shell if deal was offShell rises 30% and BG falls 50%.Must be 50% 50% now deal on.Shell can come back in 12 months time and offer 30% less.Hedgies who bought BG and shorted Shell would lose billions.

[pugugly] 09/1/2016 11:35

Those invested in either Shell or BG. may find this article interesting.



IMO Holders of BG. would be foolish not to vote in favour - A different matter for holders of Shell givne the large cash element but only needs 505 vote in favour.

[enturner] 09/1/2016 10:32

Brahms. Voting YES for BG. holders at these levels is a foregone conclusion. You'd effectively be buying RDSB shares in the 12s.

[badtime] 09/1/2016 10:22

SL voting against is nothing new