Shell Share Discussion Threads

[spud] 26/2/2020 11:30

Question is, will Monty get greedy on his Short, having achieved his target price....

spud

[montyhedge] 26/2/2020 10:54

The thing is it's not a toe dipper kind of market. I think going lower.

[bashor] 26/2/2020 10:33

Bought the dip... not had them this cheap for 4 years

[sarkasm] 26/2/2020 10:07

NOT ONE SECTOR SEEMS SAFE FROM THE VIRUS IMPACT

WHICH SECTORS WILL BE LESS HURT AND

WHICH SECTOR WILL BE FIRST TO BOUNCE BACK

[sarkasm] 26/2/2020 09:50

Dow futures down triple digits after Wall Street’s monster 2-day slide
Published Tue, Feb 25 20206:03 PM ESTUpdated Moments Ago
Yun Li
@YunLi626



Key Points

Futures had started higher early Wednesday morning but quickly reversed course. Futures also bounced initially Monday evening before the market fell again on Tuesday.

Investors are awaiting updates on the coronavirus infections around the world, especially in China, South Korea, and Italy.

[supermarky] 26/2/2020 09:49

I expect there to e some rebound shortly but it may fall further. I will buy another lot at the big lows

[supermarky] 26/2/2020 09:41

cheers, he who dares

[sarkasm] 26/2/2020 09:39

good luck SM

I SHALL ABSTAIN FOR THE TIME BEING

[supermarky] 26/2/2020 09:34

rightly or wrongly lol.

[supermarky] 26/2/2020 09:33

just bought another tranche

[montyhedge] 26/2/2020 08:51

Where next, if Coronavirus not contained, then further to fall, buybacks helping to hold price of course. What a waste of money that's been, buying all the way down from 2600p with effectively borrowed money, crazy. Is 2016 low possible yes I would say, unless oil price bounces. Exxon on a 10 year low with a nice dividend, so anything could happen.

[supermarky] 26/2/2020 08:51

Trouble is looking at the chart and current news flow nobody seems in a hurry to buy in even at these oversold prices.

[supermarky] 26/2/2020 08:48

where next for shell sp?that is the question

[montyhedge] 26/2/2020 08:30

Not gloating, the stick I got calling 1775p when shares were 2150p. I think credit is due to the no.1.

[maywillow] 26/2/2020 08:20

Price (GBX) 1,774.20 Var % (+/-) -0.34% (Down -6.00)
High 1,776.60 Low 1,765.00
Volume 296,400 Last close 1,780.20 on 25-Feb-2020
Bid 1,773.60 Offer 1,774.40
Trading status Regular Trading Special conditions XD

[montyhedge] 26/2/2020 08:03

Come on boys credit where it due, who called 1775p. The No.1

[waldron] 26/2/2020 06:55

European stocks set to continue negative trend as coronavirus spreads further
Published Wed, Feb 26 202012:44 AM EST
Holly Ellyatt
@HollyEllyatt



Key Points

European markets are expected to continue their negative trend Wednesday with the coronavirus outbreak continuing to weigh on global investor sentiment.
London’s FTSE index is seen opening 37 points lower at 6,981, the German DAX down 71 points at 12,725 and the French CAC 16 points lower at 5,659 while Italy’s FTSE MIB is seen 91 points lower at 22,997, according to IG.

[waldron] 26/2/2020 06:48

Markets
Trump is reportedly furious that the stock market is plunging on coronavirus fears
Published Tue, Feb 25 20207:35 PM ESTUpdated 6 hours ago
Pippa Stevens
@PippaStevens13

[waldron] 26/2/2020 06:40

Shell plans major drilling in Mexico but no production anytime soon
Feb. 25, 2020 5:59 PM ET|About: Royal Dutch Shell plc (RDS.A)|By: Carl Surran, SA News Editor

Royal Dutch Shell (RDS.A, RDS.B) will move ahead on its massive deepwater drilling plan in Mexico, even as it does not expect to actually start production under the current Lopez Obrador government.

Shell plans to drill four wells this year and four more next year, part of a drilling campaign that will include 10-13 wells and cost as much as $2.4B, the company's top Mexico executive Alberto de La Fuente tells Bloomberg.

"First oil, if we are successful, is unlikely to occur before the end of [Lopez Obrador's] term due to the complexity of deepwater fields, which can take anywhere from five years to a decade to start producing," de La Fuente says.

This month, Shell was granted approval by Mexico's National Hydrocarbons Commission to drill its second ultra-deepwater exploratory well, and it has leased a platform owned by Mexican company Grupo R SA.

Shell holds nearly 20K sq. km acreage nine deepwater blocks offshore Mexico, one of the company's largest operated deepwater exploration positions in the world.