Shell Share Discussion Threads

[trader365] 14/3/2020 23:06

Looking at the chart for RDSB (dividends aside) everyone who has invested here over the last fifteen years is showing a huge capital loss....

[trader365] 14/3/2020 22:07

Very tempting to pile in here and retire from trading on the 12% yield, but caution is required with the current oil price crisis. Nobody knows how long it will last. Meanwhile, all the aircraft grounded due to the virus are not needing fuel. Countries going into lockdown, busses, cars, trains, industry grinding to a halt will all require less energy.

If one looks back to the 2008 bank crisis where bank shares plummeted and offered huge yields, then came the dividend cuts and further share price falls, and it's still ongoing 12 years later as most bank prices have never recovered the lost ground. Banks were once regarded as the safest investments.

Some will remember when TLW was know as as "the darling of the FTSE". It then fell from 1500p to 11p -99%. Warren Buffets Occidental petroleum has fallen from its high of $102 to $14 -86%

The danger here is the oil crisis dragging on into next year, then the shock announcement of RDSB first dividend cut since the war will have huge negative impact on the share price.

[volsung] 14/3/2020 22:03

Not sure EJ. I have dipped in and out of so many over the years.
I have quite a lot of capital losses to use up.
Unfortunately most of my holdings are now in SIPPS.
Will have to look into that

[volsung] 14/3/2020 21:17

No point EJ. I was in a couple of them with you.
Just reminiscing.

[quepassa] 14/3/2020 21:12

Had been a good debate today about oil and the Special Reserve but alas now the discussion is debased by the blithering reminiscences of dead companies like Albert Fisher which have zero to do with Royal Dutch.

[quepassa] 14/3/2020 21:08

"Still using losses against gains"

is that for real with names from the ark like Albert Fisher?

clearly some hefty losses and strictly limited gains against which to off-set despite a remarkable 10 year bull-run.



Probably the worst investor on ADVFN.


As she wrote about herself just yesterday in post 11122:

"Sorry to write endless drivel with monotonous regularity. Put it down to verbal diarrahoa and diminished responsibility"


Oh. how true!





ALL IMO. DYOR.
QP

[volsung] 14/3/2020 20:43

Remember torotrak EJ?

[orinocor] 14/3/2020 20:15

Since the start of the year the BP share price is down 45% whereas Shell is down 55%.
Why the big difference?

[essentialinvestor] 14/3/2020 19:40

zho, you may be looking at the Friday futures close, re current IG weekend trading prices?. The UKX closed well below the UKX Friday futures price.

[essentialinvestor] 14/3/2020 19:36

adg, yes!!. Now around flat in the UKX actual close, which was around 5366.

But virtually anything could happen by Monday morning.

[yellow122] 14/3/2020 19:14

Remember IG is not actual market and while don’t disagree there is a strong chance of a terrible open, we won’t know the actual futures until the markets open in Aus/Asia tomorrow night.

Also bare in mind the ftse closed Friday at 5366, so even if the IG reflects a barely flat open and not an actual drop.

The -5% is based on the fact they reset there counter periodically

[zho] 14/3/2020 19:08

>>FTSE 100 Futures +7.14%>>

???

Currently down 5.6%

[watfordhornet] 14/3/2020 18:49

Yes - only seems bad news at moment. Airlines and oil won't be pretty Monday

[adg] 14/3/2020 18:27

FTSE 100 Futures +7.14%
Weekend coronavirus news will no doubt put stop to that Monday

[fardels bear] 14/3/2020 18:27

It's not next Monday. It's all the following Mondays.

[spud] 14/3/2020 18:17

Worth bearing in mind that so called cheap stocks are only cheap once they become worth more than their purchase price. Having said that, I'll be buying this down from ten quid (should it go lower) on Monday. Glaspud

[poikka] 14/3/2020 18:00

With all the virus news that we're being bombarded with, I'd bet on a down market on Monday.

This is going to drag on, especially when the profit warnings start.

[yellow122] 14/3/2020 17:20

According to IG weekend, Ftse is going to open down as it’s stands and lost all those gains from the trump bounce.

Not sure how much they tend to accurately reflect the actual market though?

Was hoping for a relief rally after last weeks brutal drop

[kkclimber56] 14/3/2020 14:31

Prior to start of recent crisis jet rule accounted for approx 7% of global crude oil production. Even the massive downturn in demand is in itself not going to fundamentally reduce demand.

[the grumpy old men] 14/3/2020 14:24

naughty naughty lol


eeza
14 Mar '20 - 14:06 - 11146 of 11146
0 1 0
Especially if they can get a 'friendly' analyst to provide a timely downgrade - surely not.