BG Group Share Discussion Threads

[montyhedge] 20/1/2016 16:51

DEAL MUST BE CALLED OFF.

[montyhedge] 20/1/2016 15:36

Deal will be off now.

[zyzzyva] 20/1/2016 15:29

i am not giving anyone any financial advice. they can make up their own minds. i am just pointing out what a disaster this deal is for shell shareholders and how wonderful it is for BG shareholders.

[whiskeyinthejar] 20/1/2016 15:14

You've said all that several times already today.

Why post it again?

I asked you about your motivation and you haven't answered. Making my point for me.

Are you paid? Are you qualified to be giving financial advice? Does ukip pay you? Has Nigel Farage got a big short on Bg?

I think we should be told.

[zyzzyva] 20/1/2016 15:11

could this market slump be a force majeure event, especially in light of the european migrant crisis?

[zyzzyva] 20/1/2016 15:06

nonsense. i post the facts that i see. look at the BG Q3 results. they were horrendous. the oil price averaged around $51 over that quarter. it is now just $28. they gave us very little information in todays update. eg, no mention of the net debt position. BG had $10bn debt in Q3, and imo it could be in financial trouble if the deal is pulled with energy prices where they are. the world has changed since the deal was struck 9 months ago.

[zyzzyva] 20/1/2016 13:20

it a dream deal for BG shareholders and an absolute disaster for shell shareholders. i agree with standard life, and believe they are being honest and independent. imo any shell holder voting in favour is either a fool or has a separate agenda.

[zyzzyva] 20/1/2016 13:18

well helge lund is the boss there, i guess he is very keen to see his £25m

[astjgroom] 20/1/2016 12:17

If BG post all the information they should analysts would be able to see how bad the deal is for shell

[zyzzyva] 20/1/2016 09:59

so BG is taking a $500m charge net. i wonder what energy prices it is based on. imo there will be much bigger charges if the deal goes through, given the current energy prices.

[zyzzyva] 20/1/2016 09:30

helge lund desperate to pocket his £25m?

imo the BG trading update is a disgrace for its lack of information. there is no info debt, average profits, and the profits metrics they disclose are meaningless on their own.

[zyzzyva] 20/1/2016 08:30

what are the payouts for the management if this deal succeeds? the BG trading update is disgraceful for its lack of information. and agree where are the asset writedowns?

[spob] 20/1/2016 08:08

Didn't see any mention of asset writedowns for BG or Shell


can't see how assets have not lost any value with oil now around 28 bucks

maybe they will do some with the final results in early Feb

[nw99] 20/1/2016 08:05

Buying more here

[zyzzyva] 20/1/2016 08:03

except that they have not said anything. they kept the info as little as they could get away with. no revenues, no mention of average prices and certainly no mention of net debt. just the good stuff like the volume increases. dont trust the profits figures as they can easily be manipulated without providing detailed data.

[84stewart] 20/1/2016 07:44

Good results in the current climate some would say very good

[spob] 20/1/2016 07:44

yes but anything they say now regarding dividends means nothing

there's a deal to be done first :)

[nw99] 20/1/2016 07:27

Shell Commits to divvy for 2016

[zyzzyva] 19/1/2016 21:41

if he goes ahead with the deal with oil at this price, it will be even worse for him. imo there will be a massive write down of BGs assets and dividend with be cut in half, and this all could have been avoided....

[montyhedge] 19/1/2016 06:26

ZyzzyvaIt's the CEO ego, if pulled out he would have to go. His trying to keep his job.