Shell Share Discussion Threads

[xxxxxy] 24/9/2021 07:43

Andy RoadKing24 Sep 2021 7:31AMI think this worth reposting:Imagine being frightened, poor, cold and hungry.What happens in a once in every 25 year British winter with a 2ft blanket of snow covering the UK and much more snow in some areas from the Midlands up.What happens when the snowfall is followed by a 4 to 6 week weather system high over the UK and temperatures are averaging -3 degree during the day and -10 at night and no wind to speak of.What happens to all the electric ambulances, fire engines, snowploughs, lorries, trains, buses and cars  trying to operate under these conditions.How do we heat hospitals, schools, offices, factories, shops , warehouses, supermarkets and millions of homes with electric elements which are bigger versions of the elements you find in your kettle.Imagine the chaos and panic as everyone suffers from no heating and power blackouts and tens of thousands of people dying because of the cold, no food and no access to health care.All because of a new religion created by the Green Taliban aka Greta the goblin of doom and Extinction Rebellion and a bunch of clown politicians.The problem is we will  be taken down a dead end road doing immense damage to our wealth and freedoms (while we look at the rest of the world with their cheaper energy, warm homes, personal transport and lovely holidays in other countries) until we finally come to our senses. By which time the UK will resemble a cold wet version of Cuba. .... Daily Telegraph

[xxxxxy] 24/9/2021 07:42

Sorry Boris, but Kermit the Frog was right – it's not easy being greenEnergy transitions have historically taken far longer than the 30 years envisaged for reaching net zeroJEREMY WARNER24 September 2021 • 7:00am?It's not easy being green, sang Kermit the frog. But he was wrong, Boris Johnson told the United Nations this week. Not only is it right to be green, but it is easy too, he insisted. The Prime Minister may be correct on the first point, but the idea that it will be easy, much touted by policymakers to persuade voters that they can have net zero without significant damage to their pockets, is, I'm afraid, just starry eyed fantasy. The reality is that the coming transition will be long, difficult and expensive.That's not to argue that it shouldn't be done; only that it is time for a little less wishful thinking and a bit more up front honesty. As things stand, we are getting a foretaste of the much higher energy costs that are to come in today's spike in gas and electricity prices, together with its attendant wave of insolvencies among UK suppliers that have been caught with their pants down... Daily Telegraph

[waldron] 24/9/2021 07:16

European stocks set to edge higher as traders monitor Evergrande situation

Published Fri, Sep 24 20211:44 AM EDT

Matt Clinch
@mattclinch81
cnbc


Key Points

Shares of China Evergrande Group in Hong Kong fell around 7%.

The Wall Street Journal reported Thursday that Chinese authorities have told local officials to prepare for a potential demise of Evergrande.

LONDON — European stocks are set for a fairly flat open on Friday as investors react to central bank policy decisions and monitor developments surrounding China Evergrande Group.

The U.K.’s FTSE 100 is set to open higher by 2 points at 7,077, Germany’s DAX up 10 points at 15,650 and the French CAC up 1 point at 6,698, according to IG.

[waldron] 23/9/2021 20:21

Dow jumps nearly 600 points as 2-day comeback rally pushes major indexes into the green for the week

Published Wed, Sep 22 20216:06 PM EDTUpdated 39 Min Ago

Tanaya Macheel
@tanayamac
Pippa Stevens
@PippaStevens13
CNBC

Detected different tone in Jerome Powell today: Strategist on FOMC news conference

U.S. stocks jumped for a second day as fears around a crisis in China’s property market eased somewhat and as the Federal Reserve kept current monetary stimulus in place for just a little bit longer.

[sporazene2] 23/9/2021 19:44

That's because of a driver shortage. Not exactly good for RDSB

[montyhedge] 23/9/2021 19:22

The panic started, my local Shell garage closed, no petrol.

[skinny] 23/9/2021 18:35

Waldron - as frustrating as it is - I wish I had the answer.

As much as I follow 'green shares' hydrogen etc, in my opinion, oil is going nowhere anytime soon and in any case, one would hope that the majors become a major part of the energy sea-change - so I can't quite understand the price disparity with Brent @$77.21 as I type.

[waldron] 23/9/2021 18:21

Royal Dutch Shell A
1,523.8 +0.40%



Royal Dutch Shell B
1,520.4 +0.64%

[the white house] 23/9/2021 16:01

BP & Esso both have Fuel supply issues : headline on BBC World News

[waldron] 23/9/2021 15:28

and the reasons for this divergence might be what and will it continue to improve share price in your opinion

Could it be less oil and more gas and so called green projects together with aggressive sales of certain assets improving cash position

[skinny] 23/9/2021 15:20

Simplistically, the ongoing divergence of BP and to a slightly lesser extent RDSB from Brent.

[waldron] 23/9/2021 15:19

Thanks for the chart skinny put what does it imply

[waldron] 23/9/2021 13:20

Despite it presently being a down day,we may see a trend up towards resistences at
approx 1560p and then 1588p as the week ends

[waldron] 23/9/2021 12:53

DIVI DATES









SHELL B : Buy rating from JP Morgan

09/23/2021 | 12:49pm BST


Christyan Malek from JP Morgan retains his positive opinion on the stock with a Buy rating. The target price has been modified and is now set at GBX 2150 compared to GBX 2100.

[waldron] 23/9/2021 12:29

i always used my vote for switerland and must admit never really voted in the uk as far i can remember

Having said that,i believe it was shame the brexit went the way it did

perhaps there will be another


UK made a huge contribution to the EU

Having formulated and instigated many of the important directives

thanks for your post

take care

Now back to SHELL

[geckotheglorious] 23/9/2021 12:10

Waldron,
Happy to agree to disagree having been an expat myself for 10 years(all the time paying my NI Class 3 stamp)and voting in UK General Elections,but not local ones.
Always intended returning, in fact never intended staying overseas as long as I did!


kkclimber56
Post 18420
"I was a shell man working abroad for 25 years. Always intended to return to uk but never paid a penny in uk tax for those years. The very idea of voting in uk elections during those years was an anathema to me"



husted
Post 18422
"Waldron, you said it yourself, you don't care about voting in UK elections because you've chosen a life outside the UK. That's how it should be, if you choose to live elsewhere, that's where your life is invested and that's where you should vote"


Agree with both of the above posters. I also don't believe prisoners should ever get the right to vote.




adg
post 18424
"Just a footnote to the discussion
If that said oilman (I am an oilman also) happened to be an American - then I am pretty sure he would keep his vote BUT he would pay taxes in his home country too if he were working for big oil company"

Yep, Federal taxes follow poor American expats globally I gather. I actually see the British taxpayer engaging in similar at some point as the country is effectively bust and taxes need to be raised across the board.

Plenty of expats pop back to avail themselves of the NHS, especially the more elderly contingent. Not sure why as in many places they'd get better treatment where they are!!!

The only reason anyone gives a damn about Expats overseas for 15+ years not being able to vote is the Brexit referendum. General Election side no one gives a toss.

A Remainer were you Waldron? Perchance!

[xxxxxy] 23/9/2021 11:52

Or a form of sophisticated money laundering.

[xxxxxy] 23/9/2021 11:51

George Herraghty23 Sep 2021 11:42AMMaking a Fortune?The largest wind farm is Hornsea, a 1200MW project. It may be the biggest, but it also happens to be one of the most expensive sources of electricity in the world.The contract price for Hornsea is £162.47/MWh, which under CfD is a guaranteed price, which will be index linked for 15 years.In short, a licence to print money!.. Daily Telegraph

[partenope] 23/9/2021 08:37

inter alia, this:

"One of the core pillars of our bullish thesis for Shell has been that the company trades at a discount to book value. Historically, the company traded closer to 1.2x to 1.5x book value. Currently, the company trades at a meager 0.9x book value (see table below). Of course, the challenge with these metrics is around the accuracy each company assigns to the book values of their assets. Fortunately, this sale of Shell's assets comes with a $2.4-$2.6 billion gain. Reverse engineering the current book value with this gain shows that these assets were sold at a roughly 30% premium to book value (1.3x book value). This confirms that the "fair value" the market should assign to Shell's assets is well within the historical 1.2x to 1.5x range."

[xxxxxy] 23/9/2021 08:02

Getting complicated. Result of political stupidity.