Shell Share Discussion Threads

[sogoesit] 19/3/2020 15:36

Long OILU (Options) and accumulated RDS-B ($23).
Closed SCO.
Have a nice evening!

[32campomar] 19/3/2020 15:23

Nice rally in crude for a change. Just shows what will happen longer term once oil prices recover to normal levels

[mister md] 19/3/2020 15:22

happy with my 966p entry yesterday ...

[w1ndjammer] 19/3/2020 15:13

well i suppose they could go to Zero or even negative, so fair point....

WJ.

[watfordhornet] 19/3/2020 15:10

Last bullet? Why do you say that?

[w1ndjammer] 19/3/2020 15:03

Bank of England just fired their last bullet, interest rates now 0.01%

WJ.

[mr roper] 19/3/2020 14:59

Study showing that malaria drugs working against covid 19

[poikka] 19/3/2020 14:20

"Instead of trying to find a cure for the coronavirus, what we need to do is to find a drug that stops the over reaction of the immune system..."

I rather think that all means of suppressing the virus and its effects will already have been given considerable thought.

[fjgooner] 19/3/2020 14:04

Like medical thermometers on eBay ... scumbags have been buying up 100s of them and then reselling at 10X normal retail price.

Meantime poor families go without ... disgusting behaviour.

[spud] 19/3/2020 13:46

WJ - Probably being panic bought and hoarded in some residential garage in Leicester like last time. From memory, the Indians who lived there blew themselves up...

Oh dear..

spud

[loganair] 19/3/2020 13:46

Instead of trying to find a cure for the coronavirus, what we need to do is to find a drug that stops the over reaction of the immune system, this will save the life's of many people who catch a virus of any sort.

[cjohn] 19/3/2020 13:16

Coronavirus usually kills - like the majority of viruses - by provoking an inflammatory over-reaction of the immune system.

We are making the same mistake at the level of society: an enormous defensive over-reaction is causing searing damage, that will in the medium-term lead to more deaths than COVID itself.

Estimates of mortality are exaggerated by the fact that only hospital cases are being tested in nearly all countries.

(Case in point is myself: I live in Spain and have been ill with a virus for a week or so. As I'm a "mild" case, I've not been to the hospital and if I do have COVID, will not count in the daily infection stats.)

I believe it's the uncertainty as to how mortal coronavirus could be that is leading to the over-reaction.

We've been in lockdown here since last Friday. This is not going to be sustainable. Nor is it working very well. 200 + deaths yesterday in Spain from COVID.



PS I've been buying from 1060 downwards. Happy to pick up more around 9 quid this morning. Used up a third of the cash ear-marked for RDSB, so far.


I'm taking the same approach to staggering investment in other manifestly under-valued shares.

[w1ndjammer] 19/3/2020 13:11

post 11581

i think our experts initially recognised this, but in the end bowed to pressure
coming from all directions, to do the same as rest.

WJ.

[bennodean] 19/3/2020 12:40

No sensationalist headlines in the other deaths though.

No stripping of shelves

No threat of people being made homeless

No fiscal stimulus (which in and of itself is a self perpetuatng problem)

Our so called organised rseponse is to tell people to stay away from work... so they end up going shiopping to strip the shelves... you couldn't make it up.

And how may billions have been spent on Logisitcs systems and we are now 2 weeks in and I see no signs of my local superstore being anything more than a wasteland.

How are people able to hoarde? Most families I know don't have room to swing a cat in their places, let along have baked beans stacked floor to ceiling!!

[xxxxxy] 19/3/2020 11:53

DavePosted March 19, 2020 at 7:20 am | PermalinkIncredible that we have allowed an extremely mild strain of a flu like illness to paralyse the world. In the six months since this virus appeared about 9000 have allegedly died from it. In the same time a total of 1,437.300 people have died from all communicable diseases. So for every 160 deaths in that period only one was from this particular disease. 30 to 72 times as many die from flu every year. Are we really this stupid?

[zho] 19/3/2020 10:37

"Independent US energy producers are restructuring billions of dollars of debt or discussing new ways to stay afloat as collapsing oil prices and soaring bond yields threaten bankruptcies across the beleaguered shale sector."

[hernando2] 19/3/2020 10:08

Never cut their dividend since the 2nd WW, it will be brave CEO that cuts, it will need to stay like this for at least 18 months before that action would be done...IMO


It's been really bad before, for those old enough to remember, rationing after the war and real austerity till the mid 50's, the great oil shock, three day week, power cuts and brown outs....IMF bailout...etc etc

Long way to ge before shell cuts

[32campomar] 19/3/2020 10:01

Bit of short covering I imagine

[supermarky] 19/3/2020 09:53

bp fading already

[supermarky] 19/3/2020 09:03

I am certainly not buying on a good day (if indeed this sticks) Looking to get a few more at 900 (not a penny more) This is a buyer's market

[swanvesta] 19/3/2020 09:00

4-6 weeks is based on total lockdown, approaching zero economic activity. Is that what western economies are doing? Not really. Hence the likelihood the epidemic will roll on for months, with vulnerable businesses mothballed or on life support or going bust. And by the time a vaccine is developed, will things just 'take off again' where they left off?

In the meantime, what happens if China is reinfected? Perhaps they have it under control now, with early detection apparatus, so that they can operate pretty much as normal. The west is nowhere near a strategy that would reduce infection to that level.