Shell Share Discussion Threads

[supermarky] 17/3/2020 08:57

thinking of buying another tranche in no big hurry though. crazy movement

[supermarky] 17/3/2020 08:55

will 1000 hold?

[p0pper] 17/3/2020 08:46

Unreal really, never, ever thought I would see Shell at under £10

[volsung] 17/3/2020 08:39

Big swings but the down ones sre bigger. Classic

[adg] 17/3/2020 08:31

Short selling will also have added a lot of volatility to the current mess - should have been stopped weeks ago - as usual the big boys gain on way down and then up.
Not sure where to go from here - that in itself is usually a good measure for me on the way forward, when i actually lose my positivity and convictions of my judgement has historically (for me anyways) been about the optimum time i should have been buying.... ie when i feel like capitulating and just 'giving up' with it all.... that feeling of despondency is when historically i should actually be buying........
Got about 50% cash on sidelines, been trying to catch the proverbial falling knife, need a catalyst to get some traction upwards before i buy anything else.
good luck to everybody both with your health and your investments

[32campomar] 17/3/2020 08:11

Well the FTSE tried a decent bounce but it's sagging already. Classic bear market, any rise is used as an excuse to sell

[atlantic57] 17/3/2020 08:05

I guess shorters the day after a big fall buy back...
Then the process repeats...

[smith99] 17/3/2020 08:05

Ive been a part time investor for years and there are two thing i tell myself in times like this1. Big is beautiful2. Jump in and hold on tightThis is a wonderful opportunity to the brave. GL everyone. I shall be buying more shell at the end of the month then every month after.

[joshuam] 17/3/2020 07:13

Good luck salty

[waldron] 17/3/2020 06:58

European markets set to open higher as coronavirus crisis continues
Published Tue, Mar 17 20202:04 AM EDT
Holly Ellyatt
@HollyEllyatt
Key Points

London’s FTSE is seen opening 132 points higher at 5,220, Germany’s DAX is seen 90 points higher at 8,815 and France’s CAC is seen 57 points higher at 3,881 while Italy’s FTSE MIB is expected to open up 170 points at 15,214, according to IG.
The European Union is closing its external borders on Tuesday.

[trader365] 17/3/2020 02:48

If one had been content to sit out the 2008 bank crash, one would be still sitting it out 12 years later

[jomed5] 17/3/2020 00:43

I've hung on to a large inherited holding as I believe the company fundamentals are good and broker opinion seems in line with that. Shell is big on LNG and gas is taking over from coal around the world. Renewables can't work without back-up and the cleanest back-up is gas which will be around for decades. Although Shell has a big cash pile the share buy back could be suspended if needed which would have the same effect as a rights issue which I don't expect. Shell has decades of experience and is well placed to deal with oil price shocks as they have in the past. SA and Russia are not going to sell oil at ridiculously low prices for long and there is only so much fixed and floating storage before SA has to curtail pumping. I am content to sit this out.

[fjgooner] 16/3/2020 22:51

If it makes you feel any better Salty, I'm down £148K on RDSB alone.

But things will turn around - not any time soon - but they will ....

[saltaire111] 16/3/2020 22:33

Investing £70k In just one stock is undoubtedly a risk. But I remember feeling dreadful on 6 March 2009 when I’d ‘lost’ £160k in 11 days! After that, I hesitated to invest more during those really dark days of the credit crisis, and I regretted it soon afterwards. I made a promise to myself back then that I would have more guts next time. I liquidated 90% of my equity investments 18 months ago and missed the final part of the bull market. But I’m now moving that cash back into equities and I’m now about 40% of the way back in. I’ve ‘lost’ about £120k so far!! Could end up ‘losing’ over £500k at this rate. Just got to keep my nerve. So far I’ve bought Vanguard DAX, FTSE 100, FTSE250 and European ETFs, RDSB, BP, FB, L&G, SLA, UCG, LLOY.

Interesting times.

Salty

[tornado12] 16/3/2020 22:22

I think the DNA of Shell is clear YoY they will not be cutting dividend and that’s why 1000s small investors are in this company. Normally capital appreciation is not the investor driver but today is a massive bonus above the dividend. I’m fully loaded and will continue to invest at this silly prices for divi returns

[tjdeakin] 16/3/2020 21:47

True. But these markets are brutal and the Q4 figures weren't good.

[watfordhornet] 16/3/2020 21:45

I also watched that and agree it was a good interview.I though would not mind a divi cut if they use cash to shore up finances or purchase small distressed companies that are at knock down prices

[gooner1886] 16/3/2020 21:44

Big balls 70k at this time ! its going to go lower than this , countrys will end up in a recession. But each to thier own. Shell will recover but when its anyones guess

[fjgooner] 16/3/2020 21:36

Or next year's 175K at £25.

[tjdeakin] 16/3/2020 21:31

Today's 70k could be next week's 7k. Good luck!

[fjgooner] 16/3/2020 21:30

It was rather re-assuring to see BP's CFO Brian Gilvary confirming in a Bloomberg TV interview earlier today that BP isn’t yet discussing returning to paying dividends with shares instead of cash. Let alone cutting the dividend.

He said that the scrip option remains in the “armory” of BP’s board and the company may look at returning to the option in the future but “it’s not one we’re talking about right now”.

On that basis - plus Shell CEO's recent, but pre-Covid19 comments on the subject - I feel that Shell's dividend is 100% safe for the foreseeable future.

A reminder of that comment by Ben Van Beurden on Shell's dividend:

"Lowering the dividend is not a good lever to pull if you want to be a world-class investment case so [we're] not going to do that".

[fjgooner] 16/3/2020 21:29

The US markets have needed a correction for a few years now. Another 400 points drop (about 17%) to around 2000 for the S&P seems reasonable. I'd be tempted to call that a bottom - psychologically based, in a stressed market, rather than technical.

I just hope that UK markets don't have to fall by a similar amount, as they did not in any way whatsoever benefit from the over-exuberant bull runs in the last years.

[watfordhornet] 16/3/2020 21:28

That is a lot. Fair play to you.It is carnage so I too am buying but just drip feeding in smaller amounts. Appears no good news on horizon - cannot see Russia or Saudis helping out and this virus sounds far worse than expected.We do seem to have reacted late - HOng Kong have 108 cases and 2 deaths, have a connected border with China and are massively densely populated