Shell Share Discussion Threads

[the white house] 17/3/2020 16:10

Oil up 50 cents in an hourWe have now entered the tunnel which means we will come out of the other end sooner...

[the white house] 17/3/2020 16:01

Up 2 per centCrisis what crisis

[sogoesit] 17/3/2020 15:51

Yep, but will it break the August '19 lows?

[montyhedge] 17/3/2020 15:20

Actually with pound at 1.20 Shell getting more bang for their buck with the oil price on dollars.

[watfordhornet] 17/3/2020 14:29

Yes - not sure why other than that 1000p mark

[supermarky] 17/3/2020 14:21

bp down 6.4%shell doing remarkably better clinging to 1000 area

[waldron] 17/3/2020 14:06

Stocks give up opening gains and turn negative, Dow breaks below 20,000
Published Mon, Mar 16 20206:05 PM EDTUpdated Moments Ago
Fred Imbert
@foimbert

[p0pper] 17/3/2020 13:48

Shell up BP down, any clues?

[andy flower] 17/3/2020 13:33

Doesn't want to stay below £10 for too long. Have more buy orders around £10 as oil around $28 is a reasonable time to buy .. all long for the long term so even if divi is reduced, I still expect capital growth.

[careful] 17/3/2020 12:58

bought a few more today.
A long term holder, if you would have told me I could buy Shell at todays price I would have thought you were crazy.

My reasoning is that all major oil producers need to get together and reduce capacity.
And that includes the largest producer, America.

1 million barrels each from Saudi, Russia, America would fix it.

Putin was right when he said 'Why should we reduce production to raise the price when American producers will pump away'.why give American producers such a gift?
So they went the other way and dumped like crazy when there was reduced demand to damage American shale producers and American banks who finance them.

Unfortunately we have an idiot in the White House who thinks he is all powerful

This low price problem could be fixed very quickly. It is madness not to fix it.

I bought today thinking that a deal will be reached. But Trump is the problem, he tries to destroy the economies of other countries, but this time he has a bloody nose.

[crossing_the_rubicon] 17/3/2020 12:07

"Watfordhornet17 Mar '20 - 12:00 - 11405 of 11408
But what about Hong Kong. More difficult to lie - how have they fared so well given density of population and bordering China. Their figures are tiny - I think 100 cases and 2 deaths"


Just seen this...

"Hong Kong Shutdown a Lesson to the World in Halting Virus"


Public outcry led Hong Kong to implement social distancing
Memories of SARS in 2003 conditioned residents to be cautious

As the world struggles with the rapid spread of Covid-19, Hong Kong appears to be having success controlling it -- in part because the memory of a similar virus in 2003 prompted a public outcry early on.

Hong Kong’s government quickly implemented restrictive “social distancing” measures now being hotly debated around the world, in part because of pressure from medical workers to close its border with China at the beginning of the outbreak.

Those included closing schools, canceling large-scale events, shutting government offices and ordering civil servants to work from home -- a move that many companies quickly followed.

[crossing_the_rubicon] 17/3/2020 12:03

Hong Kong.
Closed the border with mainland fast.
Population 6 million who mostly do as they're told.
Similar in Singapore.

Tested fast, quarantined/isolated early and thus flattened the curve.

Who knows if HK figures are correct.

I trust the Singapore ones...Mainland China most definitely not who have lied from the off, continue to lie, and have no intention of losing face by admitting just how bad the situation is.(In true Chernobyl style fashion)

[waldron] 17/3/2020 12:02

its all those masks they wear

[watfordhornet] 17/3/2020 12:00

But what about Hong Kong. More difficult to lie - how have they fared so well given density of population and bordering ChinaTheir figures are tiny - I think 100 cases and 2 deaths

[waldron] 17/3/2020 11:59

fjgooner
17 Mar '20 - 11:48 - 11402 of 11402
0 0 0
All short selling profits made in 2020 should be taxed at a minimum of 100% - with the profits used to help the most vulnerable.


must disagree fjg, nothing should be taxed 100pc

THE AUTHORITIES SHOULD HAVE HAD THE FORESIGHT TO BAN ALL FORMS OF SHORTING PERHAPS

which they have yet not done

People should not beable to sell shares they do not physically hold

i too am not fond of the shorting gambit

[montyhedge] 17/3/2020 11:58

Strange boys, UK and US markets down 26% this year, China up 0.3%

[fjgooner] 17/3/2020 11:48

All short selling profits made in 2020 should be taxed at a minimum of 100% - with the profits used to help the most vulnerable.

[crossing_the_rubicon] 17/3/2020 11:45

"Who recovered first ?? China itself"

What makes you think China has recovered?

750 million still in lockdown.

We are reliant on their reported numbers being "the truth" and a fair representation of the situation.

Which clearly they are not.

China lied about the numbers.

And is still lying.

750 million are still not in quarantine yet the number of cases has barely budged from 80,000 mark in 1-2 weeks!

Laughably fiddled..

[spud] 17/3/2020 11:24

I'm sure Diane Abbott has the figs...

spud