Shell Share Discussion Threads

[dartboard1] 27/10/2021 23:54

Not an ideal mindset to be making investment decisions...

[kkclimber56] 27/10/2021 22:40

I suspect if it were split then the establishment would bust its gut to tax the legacy business to death in order to fund the renewables as investors are not going to fund it.

I agree the human race is hell bent on self destruction and unless we are being lied to over the impact of climate change its ahead of target to succeed. Nature will play a role though. There will be increasing incidence of natural disasters which will take millions of lives and mean large areas of the world will be uninhabitable reducing the global population to sustainable levels but this will come with lots of pain and civil unrest.

The train has left the station and nobody can now stop it.

[not my real name] 27/10/2021 20:32

That's exactly what he suggested in the letter.

NMRN

[dartboard1] 27/10/2021 20:29

Good points... if they were both spun out to two separate listings, I'd be the first one to sell the renewables business and keep legacy Shell... I bet the activist investor would do the same

[not my real name] 27/10/2021 20:23

100% true Dartboard,

I think the main idea (not saying I agree with it or not) is to separate the 2 distinct factions which are polar opposites at the moment to pacify the ESG crowd.

Dish out the oil and gas profits to the shareholders and let the renewables fight for private equity in a sink or swim scenario. Could be a good strategy as we all know that any climate change policies are completely fu*&ed without total compliance from China and the developing countries. They are never going to buy into expensive renewable projects so the planet is basically screwed. Already have Japan and the Aussies trying to water down proposals so looks like young Greta is right with her blah blah blah.

Make the most of what you have now because the planet probably aint gonna survive.

All IMHO

NMRN

[dartboard1] 27/10/2021 20:09

I thought the idea was to use legacy cash flow to grow renewables business... renewables isn't making any money right now, so how will that growth be funded?? Diluting equity raises ...

[not my real name] 27/10/2021 19:59

Currently trading at £18.10 stateside so they like the idea!

NMRN

[porsche1945] 27/10/2021 19:22

Bloomberg.
Activist investor Dan Loeb has built a position in Royal Dutch Shell Plc and is pushing for a break-up of the energy giant, marking the most serious challenge yet to its strategy of embracing the energy transition while continuing to pump oil and gas.

EXCELLENT!!

Flog off the whole of the U.K., fine with me, show me the money.

[chiragmahe] 27/10/2021 17:38

third points asks shell to break up.

WSJ

[xxxxxy] 27/10/2021 07:31

....  restore the defunct Rough site off the Yorkshire Coast to boost the country's energy reserves.

[xxxxxy] 27/10/2021 07:30

Britain's biggest energy supplier is in talks with the Government about reopening a mothballed gas storage facility in a bid to protect the industry from surging power costs.Centrica, the owner of British Gas, is seeking to restore the defunct Rough site off the Yorkshire Coast to jThe crisis has triggered 12 bankruptcies among UK energy companies - a wave of failures which will add £100 a year to household bills, according to Chris O'Shea, the chief executive of Centrica.... Daily Telegraph

[xxxxxy] 27/10/2021 07:05

Public 'want a referendum on Boris Johnson's net zero plans' by next general electionSurvey finds many people are unconvinced by proposals to turn Britain carbon neutral and would prefer to have their say on the issueByLucy Fisher, DEPUTY POLITICAL EDITOR26 October 2021 • 10:00pm.... Daily Telegraph

[waldron] 27/10/2021 06:49

Europe stocks set to open lower as investors monitor earnings, UK budget update

Published Wed, Oct 27 20211:31 AM EDT

Updated 5 Min Ago

Matt Clinch
@mattclinch81
CNBC


Key Points

European traders will digest a busy morning of earnings, with Schneider Electric, Deutsche Bank, Heineken and Banco Santander just some of those reporting before the bell.

The U.K.’s FTSE 100 is set to open 9 points lower at 7,269, Germany’s DAX is expected to fall 52 points to 15,723 and France’s CAC 40 is set to slide26 points to 6,750.

[sarkasm] 26/10/2021 17:12

xxxxxy
26 Oct '21 - 16:29 - 18800 of 18800

Russia is at "war" with Europe amid the gas crisis

MORE LIKELY WITH USA AT WAR WITH UK TAGGING ALONG BEHIND

[xxxxxy] 26/10/2021 16:29

Russia is at "war" with Europe amid the gas crisis, a Russian energy insider has said, as President Vladimir Putin seeks to leverage the continent's energy dependence on Russian resources.Critics say European leaders misread Russia's long game on the gas market. The continent's energy crisis advanced this week as gas prices hit a record high, increasing eight-fold compared to the start of the year.As Europe turned to Russia, the world's biggest gas producer after the United States, the Kremlin mounted a days-long "I told you so" campaign to berate Europeans for rushing to green energy.In his two public appearances this week, Mr Putin chided Europe for being too short-sighted and trying to walk out on conventional energy sources too early and too abruptly..... Daily Telegraph

[waldron] 26/10/2021 07:24

European markets set to climb, tracking global earnings optimism; UBS beats

Published Tue, Oct 26 20211:21 AM EDT

Elliot Smith
@ElliotSmithCNBC


Key Points

Europe is set for a busy day of earnings, with Novartis, Thales, Reckitt Benckiser and Covestro among those reporting before the bell.

Global investors are still assessing concerns about above-trend inflation and below-trend economic growth, which have prompted fears of stagflation or monetary policy errors.

LONDON — European stocks are set to edge higher on Tuesday, as positive corporate earnings offer a tailwind to global markets.

Britain’s FTSE 100 is seen around 9 points higher at 7,232, Germany’s DAX is set to climb around 50 points to 15,649 and France’s CAC 40 is expected to add around 10 points to 6,723, according to IG data.

Shares in Asia-Pacific rose in Tuesday’s trade after the major indexes on Wall Street closed Monday at record highs following strong earnings. Electric vehicle battery manufacturers in Asia-Pacific surged after car rental giant Hertz announced that it would order 100,000 vehicles from Tesla by the end of 2022.

[loganair] 25/10/2021 19:30

Typical oil company, buy back their own shares when the share price is rising, would have been better to have bought back a shed load when the share price was under £10.