Shell Share Discussion Threads

[crossing_the_rubicon] 08/3/2020 11:29

Yep been there before.
Some will struggle (Tullow,PMO) due to their high debts.
Others will survive,presumably the big 5...

But who knows.

[yellow122] 08/3/2020 11:07

Lol

Haven’t we seen this all before?

But this time it’s different right?!

All a big game and those same calming oil will hit $10 will be riding it all the way back to $60

[crossing_the_rubicon] 08/3/2020 10:15

$27 a barrel!

$20 a barrel.

Ouch.

[tornado12] 08/3/2020 10:11

Saying that .. I see Malpensa airport is operating a full flight program so clearly the lock down Italian style

[tornado12] 08/3/2020 10:10

I agree with several posts on here, the Italian lockdown from yesterday means Shell. At £15 as soon as tomorrow... I’ll be topping up at that price. Dividend very solid and never thought I could get them this cheap after 2016 mini crash (which recovered in about 1 yr) This is very different reason but confident it will be contained and future vaccine developed for most at risk

[32campomar] 08/3/2020 09:48

Never cut the dividend going back to the Second World War. So if this falls further its an outstanding long term opportunity

[32campomar] 08/3/2020 09:32

£13.50 is the all time low from early 2016

[fardels bear] 08/3/2020 09:04

Yeah. So is everybody else.

[dandu69] 08/3/2020 08:59

Anticipate this falling some more next week, reduced global demand for oil and increase in supply does not bode well. Personally I`m looking to add to a long term holding should this drop to below £14. Looking at previous lows over the past 20 years just below £14 appears to be the lowest point. But in this climate who knows.....

[garycook] 08/3/2020 02:27

montyhedge7 Mar '20 - 11:29 - 6035 of 6036
0 1 0
GARYCOOK
You can't go around threatening posters, knock on door from the police, next. We all have banter on here, of course bulls and bears always disagree.
But your a 77 year old pensioner who should know better, your post was a total disgrace.
By the way I have the most followers on ADVFN,
GARYCOOK8 Mar '20 - 02:00 - 6036 of 6036 Edit
0 0 0
Montyhedge,You are a laughing stock,and a total disgrace to the ADVFN community.Nobody takes you seriously,because they know you are one sad old individual,that as nothing else better to do than post lies,and repeat the same old rubbish,time and time again.You have only 4 followers ?.If the Police want to waste there time and fly to Asia to see me,no problem.I have a £700k Portfolio giving me £50k a year income. Living the dream mate at 51,Single and fit as a fiddle.Have a 10 handicap at Golf,and have more woman than I need..Keep writing rubbish,coz you have nothing else better to do. fjgooner also loves you,and many others Ha Ha Ha.Regarding MCRO,see your losing your shirt on it.Must owe you over £8 + ouch !!!.I will not be wasting anymore of my time replying to your garbage sad old man.Your Filtered forever. RIP.

[yellow122] 07/3/2020 23:24

How do you see shell weathering this storm?

[fjgooner] 07/3/2020 23:12

.... and that is the death of U.S. shale companies.

Expect to see Trump throwing his toys out of the pram in the days ahead.

That will be hilarious after his berating the middle east to pump more oil to lower prices just a couple of years ago.

It is also the end of the "plus" part of OPEC+.

And about time - who would ever really trust an alliance between Arabs, Nigerians and Russians. Hardly a match made in heaven.

[essentialinvestor] 07/3/2020 22:58

Emergency declared in New York, Italy reportedly going to quarantine
the whole of Lombardy. Would expect some interesting prices to be available in
markets next week.

[fjgooner] 07/3/2020 22:49

OPEC's mega fail will hurt companies like Shell for at least the next 2 quarters. There is no doubt about that.

I'd love to say that I had actioned my plan as discussed last year to half my Shell holdings, but alas, I did not. I currently have 107% of my normal Shell allocation so these events have cost me a lot of money. On paper. I'm sure that things will turn around within months. But not days.

Share buybacks will almost certainly be suspended in Q2. Dividends will, of course, be unaffected.

But U.S. shale companies will rapidly start to die off over the spring and summer.

The crude market could well be back in deficit just as the coronavirus crisis may be abating in the summer.

2021 could be a stellar year for Shell.

Just ride through the next few months, adding at unimaginably low prices.

[turvart] 07/3/2020 22:27

Montyhedge

For your information I will never bite the dust as I trade funds rather than stocks!

[maywillow] 07/3/2020 13:47

as always time will tell


in the mean have a great weekend and the rest of 2020


cheers


Targets Six months: 2401.57 One year: 2731.47

Supports Support1: 1599.20 Support2: 1330.53

Resistances Resistance1: 2056.14 Resistance2: 2338.59


stoxline


EssentialInvestor
7 Mar '20 - 13:41 - 10464 of 10464
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In terms of next week, it may depend on whether we get some coordinated CB measures in Asian this weekend. If not, then would think there are lower market levels next week. As Shell has already been pounded, arguably it's nearer a turning point?.

[essentialinvestor] 07/3/2020 13:41

In terms of next week, it may depend on whether we get some coordinated CB measures in Asian this weekend. If not, then would think there are lower market levels next week. As Shell has already been pounded, arguably it's nearer a turning point?.

[maywillow] 07/3/2020 13:32

An intermediate bulk container of ethanol | BLOOMBERG
Business
Trump's biofuel plan sparks anger in farm country

Bloomberg

Mar 7, 2020
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WASHINGTON – President Donald Trump’s decision to defend the U.S. government’s power to broadly exempt oil refineries from biofuel-blending requirements is triggering a backlash in Iowa and other states that are top producers of ethanol and the corn used to make it.

Nine biofuel and agriculture advocacy groups warned of possible political repercussions, eight months before Election Day.

If the administration follows through with plans to appeal a court ruling that invalidated three refinery waivers, it “would be viewed as a stunning betrayal of America’s rural workers and farmers,” the Renewable Fuels Association, National Farmers Union, National Biodiesel Board and other organizations said in a joint statement.

The anger centers around the administration’;s planned response to a 10th Circuit Court of Appeals decision faulting the Environmental Protection Agency for exempting three refineries from requirements to blend biofuel into gasoline and diesel. Federal law authorizes those waivers for small refineries facing an economic hardship, but a three-judge panel said that relief is limited to refineries that have consistently won exemptions.

And producers of corn-based ethanol and soybean-based biodiesel argue the Trump administration too freely handed out the waivers, undermining a 15-year-old Renewable Fuel Standard law that mandates the use of plant-based alternatives to gasoline.

Top Trump administration officials had been planning to accept the ruling and apply it nationwide, a move that would mean just a handful of U.S. refineries — no more than seven — would be eligible for the valuable exemptions.

But Trump ordered a shift in course Thursday, after a last-minute intervention by Attorney General William Barr and an intense pressure campaign by oil-state senators, including Texas Republican Ted Cruz.

Biofuel advocates were urging the White House to make another pivot on Friday and back down from the planned appeal, ahead of a Monday legal deadline for the administration to ask the full 10th Circuit to rehear the case.

An appeal would be a victory for oil companies and their Capitol Hill allies, who argued the waivers are essential to preserve the economic health of refineries and their blue-collar jobs, especially amid a coronavirus-spurred slump in demand for their petroleum-based products. Oil industry advocates raised the specter of job losses and plant closures in Wyoming, Texas and the political battleground state of Pennsylvania.

But the appeal decision would come at the expense of biofuel producers and supporters in other politically important states — especially Iowa, which is key to Trump’s re-election.

“Trump is on the verge of outraging every farm and biofuel group in the country,” said Monte Shaw, executive director of the Iowa Renewable Fuels Association.