Shell Share Discussion Threads

[montyhedge] 27/2/2020 15:07

adg
Insanity is buying this all the way down from 2250p, number on here catching falling knife is insanity.
Called this right to 1775p from 2250p, now its spreading, 2016 low.

[cassini] 27/2/2020 15:06

DOW down 555.

[supermarky] 27/2/2020 15:03

what staggers me is the extreme rate of decline in such a small space of time. Looking at the weekly chart on ig I cannot see such a sharp decline. The market always overshoots so could there be a sharp rebound at any point once people come to their senses? looking at the charts I see 1600 area as next big support then we have 1261.

[adg] 27/2/2020 14:56

monty - you are a bit repetitive, you got nothing better to do than that?

“The definition of insanity is repeating the same things over and over again and expecting different results”

[montyhedge] 27/2/2020 14:52

2016 low I see coming.

[crossing_the_rubicon] 27/2/2020 14:51

Nope me neither Monty.

[montyhedge] 27/2/2020 14:43

Don't trust Chinese figures.

[crossing_the_rubicon] 27/2/2020 14:42

@Spud,

Biggest hit will be economic I am sure.

But if it is worse than Chinese official figures imply,then we could be in for a fair few heartbreaking moments along the way.

Key countries to keep an eye on imo are Skorea, Singapore - both of whom seem to be covering this honestly.

Fingers crossed but it will soon be time to take similar precautions as those in China, Hongkong and co.

[essentialinvestor] 27/2/2020 14:24

Gosport, thanks for the view.

[cassini] 27/2/2020 14:24

I think this is liable to take the form of a 'V'-shaped crisis, with consequent recovery being fairly rapid too (from the very bottom anyway). That's the only consolation I can think of for anyone actually holding badly affected stocks in this crisis.
That also means when the bounce comes, bottom-pickers need to be ready!

[shaggies_view] 27/2/2020 14:23

Topping up big time here.
Great business.
7-8% Div.
Gap to close at 1720p

Shaggy

[essentialinvestor] 27/2/2020 14:21

Fwiw this looks a key day on markets.

We either reverse from around here or this gets very ugly.

[waldron] 27/2/2020 14:17

Dow set to drop 450 points as worst week since the financial crisis continues
Published Wed, Feb 26 20206:01 PM ESTUpdated 14 min ago

[montyhedge] 27/2/2020 14:00

Your get them.

[supermarky] 27/2/2020 13:51

ready and waiting for 1575 1600 whateverwould love to buy more at that price.this situation is excellent to get in at bargain prices and hold, take dividend and wait a few months / years.

[tornado12] 27/2/2020 13:21

My next buy is at 16£

[essentialinvestor] 27/2/2020 13:18

Gosport, 1 post in 7 years - you choose your words very carefully clearly!!.

What price you have in mind?.

[gosport14] 27/2/2020 13:02

Dividend price has held no matter the conditions for this company at over 8% it's starting to look very attractive though I think it will still go lower.

[montyhedge] 27/2/2020 12:39

Figures 30th April, they stop buybacks about two weeks before then lets see what happens to price. Something got to give, either buybacks suspended or dividend cut.

[jw30] 27/2/2020 12:36

There is some concern the US is not doing enough as a precaution.

hxxps://www.livescience.com/covid-19-coronovirus-test.html