Shell Share Discussion Threads

[the white house] 11/8/2021 08:17

Divvi Day tomorrow

[waldron] 11/8/2021 07:45

European markets head for positive open, tracking gains elsewhere

Published Wed, Aug 11 20211:13 AM EDT

Holly Ellyatt
@HollyEllyatt


Key Points

European stocks are expected to open higher on Wednesday, tracking gains seen in Asia-Pacific markets overnight and Wall Street on Tuesday.

London’s FTSE is seen opening 10 points higher at 7,175, Germany’s DAX 8 points higher at 15,785, France’s CAC 40 up 3 points at 6,828 and Italy’s FTSE MIB 30 points higher at 26,202, according to IG.

[xxxxxy] 11/8/2021 07:18

Para Pilot10 Aug 2021 4:39PMAnd all because of the mad Net Zero policy.The trace gas Carbon Dioxide is 0.04% of the atmosphere. Of that tiny amount humans have added just 3% i.e. have added 0.0012%. The UK produces 1% of global emissions i.e. 0.000012%. What difference is us going to Net Zero going to make apart from ruining our country and our lives while China keeps building or funding a new coal-fired power plant each WEEK?Trying to go net zero is futile. We need to adapt and enjoy living in a warmer climate.... Daily Telegraph

[xxxxxy] 11/8/2021 07:16

The multi-trillion pound bill for Britain's net zero drivePush is on to meet Boris Johnson's target of carbon net zero by 2050, but there is far less agreement about what saving the planet will costByRachel Millard9 August 2021 • 8:08pmAs the Intergovernmental Panel on Climate Change issues its strongest warning yet about global warming, politicians are facing a stark scientific consensus: the average global temperature is likely to rise by at least 1.5C within 20 years, unless immediate action is taken to cut emissions.But with Britain racing to hit Boris Johnson's target of being carbon net zero by 2050, there is far less agreement about what saving the planet will cost.The country is embarking on its most radical economic overhaul since the industrial revolution, with no business to be left unscathed and trillions of pounds needed for the switch – a bill which will ultimately be borne by taxpayers, employers and consumers.It is estimated about £50bn of investment will be required each year between 2030 and 2050 but the true cost could be higher still. Here are some of the industries that face the hardest hits.... Full article Daily Telegraph

[justiceforthemany] 10/8/2021 20:44

Speculation mounts over nationwide lockdown in China amid Covid surge
hxxps://theloadstar.com/ominous-signs-for-supply-chains-from-new-covid-lockdowns-in-vietnam-and-china/

[misca2] 10/8/2021 14:11

Royal Dutch Shell A
1,466.8 -0.26%


Royal Dutch Shell B
1,456.4 +0.03%

[xxxxxy] 10/8/2021 10:12

Bumptious Pirate10 Aug 2021 8:50AMThe temperature in the UK and many other countries can often vary from minus 10C in the winter to 30C in mid summer.  Our energy supply has to be able to meet the demands of this range to avoid a high number of fatalities at either end.For the UK this really means that we have to be able to supply about 200 GW as heat for twenty sub-zero mornings per year.  To accomplish this using only electricity will require scores of new power stations and a transmission/distribution network that will be massively over designed for the rest of the year.such is the level of waste associated with this net zero lunacy8LikeReplyStuart Seymour10 Aug 2021 9:58AM@Bumptious Pirate ....agreed. Your points are, with respect, obvious. Why can't our politicians and I guess thousands in the civil service, see this. I conclude that many have very limited understanding of technology or there is some other agenda like making lots of money from new power stations, new domestic boilers, electric vehicles etc.... Daily Telegraph

[xxxxxy] 10/8/2021 07:31

Keith Calder10 Aug 2021 6:29AMWhy will globalisation be an environmental disaster?Western companies couldn't wait to off-shore to low cost China, where they could make higher profits.Maximising profit is all about reducing costs.China had coal fired power stations to provide cheap energy.China had lax regulations reducing environmental and health and safety costs.China had a low cost of living so employers could pay low wages.China had low taxes and a minimal welfare state.China had all the advantages in an open globalised world.Environmentally friendly measures cost money and reduce profit.The goal is to maximise profit.Why do firms move to Mexico and export into the US?Companies prefer Mexico with its cheap labour, lax health and safety standards, and lack of environmental regulations.They can expose workers to hazardous chemicals and just pump toxic waste straight out into the environment, without incurring the costs associated in dealing with them in an environmentally friendly way.https://thoughtmaybe.com/maquilapolis-city-of-factoriesEvery avenue must be explored to reduce costs.The lower the costs, the higher the profit.In an open, globalised world, where you are maximising profit, companies have been seeking out  places that are less environmentally friendly to achieve this goal.The West never did work out how all the cards had been stacked in China's favour, and why all our companies were off-shoring to countries where costs were lower and they could make more profit.China has become more expensive and developed Eastern economies are off-shoring to places like Vietnam, Bangladesh and the Philippines.They let real estate rip, which has raised the cost of Chinese labour.Employees get their money from wages, and Chinese employers have to pay higher house prices through wages raising the cost of labour their.I saw an interview recently with a German car industry executive who said higher German energy costs would force them to off-shore.They will need to off-shore to keep costs down and remain internationally competitive.The West has set the rules for a game it has never actually understood.Thirty years ago.The West was triumphant, and western liberalism had won the day, it was the end of history.The Berlin Wall had fallen and a uni-polar world was born.The US reigned supreme.China was insignificant and Russia was moving towards the West with Gorbachev.How could we possibly mess this up?Everything was going our way.The Americans came up with the Washington Consensus.Thirty years later we discover China was the main beneficiary; it went from almost nothing to become a global superpower.Everything was always stacked in China's favour, but we never realised.The UK is going to embark on an economic suicide mission making the costs of doing business in the UK even more expensive.We have never understood the rules of the game..... Daily Telegraph

[waldron] 10/8/2021 07:12

European markets head for somber open, reflecting global caution over Covid

Published Tue, Aug 10 20211:21 AM EDT

Holly Ellyatt
@HollyEllyatt


Key Points

European stocks are expected to open slightly lower on Tuesday, continuing a more cautious approach seen globally at the start of the week.

London’s FTSE is seen opening 8 points lower at 7,128, Germany’s DAX is seen 21 points lower at 15,740, France’s CAC 40 down 7 points at 6,811 and Italy’s FTSE MIB 19 points lower at 25,090, according to IG.

[adg] 09/8/2021 14:02

Yes A shares have first dibs on assets should things go badly wrong..

[xippy] 09/8/2021 12:58

> Groupo ah that makes sense for there to be a slight premium for the A's but I always thought they ranked Pari Passu. Clearly not, will have to do a bit more research. That is very interesting.

[grupo guitarlumber] 09/8/2021 11:12

There are subtle differences between the Dutch BV and the PLC

Each has different revenues and trading basis

Not that any one forsees the SHELL Group ever going into Lquidation but the BV shareholders have first call on the assets

Again currency impacts come into play and as you have mentioned there is the 15pc tax
impact on A shareholders

The bv company bears brunt of divi payouts and is affected by the dutch company tax
regime which at present stops Shell becoming a UK ONLY GROUP

[xippy] 09/8/2021 10:27

The Buy back program from Shell, they would obviously buy the cheaper share. This in effect will bring the B's into parity if not to an eventual premium. The B's have no 15% witholding tax on the dividends which the Dutch A's do. I always thought it made no sense why the A's were ever at a Premium.

[grupo guitarlumber] 09/8/2021 10:22

DIVI DATES




Ex-dividend date for RDS A and RDS B August 12, 2021

[grupo guitarlumber] 09/8/2021 10:19

aye adg

perhaps only currency and tax differential


Royal Dutch Shell A
1,467.2 -1.07%



Royal Dutch Shell B
1,454 -0.89%

HAVE A GREAT WEEK

[adg] 09/8/2021 10:02

I know its not really analysed as such on here -but i now note that the RSDA & RSDB shares are now at near parity (less than 1% delta at about 12p) - at one point this was almost 10% and almost 100p

Any notable significance in this? I think there is in that the perception is there is a lot less risk differential in holding RSDB shares over RSDA if any....

[xxxxxy] 09/8/2021 08:16

8:03amProfit surges at Saudi Aramco Saudi Aramco echoed its Big Oil rivals' surging earnings, reporting net income of 95.5bn riyals (£18.4bn) in the second quarter, the highest level since the end of 2018.Free cash flow rose to $22.6bn (£16.3bn), above the state-controlled firm's quarterly dividend of $18.8bn (£13.5bn) for the first time since the start of the pandemic. Aramco's annual dividend of $75bn (£54bn), the world's largest, is a crucial source of funding for Saudi Arabia. The government, which owns 98pc of the company, is trying to narrow a budget deficit that ballooned last year as energy prices tanked with the spread of the virus.The reopening of major economies has triggered a surge in commodity prices, with crude up around 40pc this year. In the past two weeks, oil companies such as BP, Chevron. and Royal Dutch Shell said they will increase share buybacks and payouts, confident the worst of the pandemic is over.The results "reflect a strong rebound in worldwide energy demand and we are heading into the second half of 2021 more resilient and more flexible, as the global recovery gains momentum," chief executive Amin Nasser said in a statement on Sunday. "I remain extremely positive about the second half of 2021 and beyond."Still, the pandemic is "clearly far from over," Nasser said later on a call with reporters. Oil just had its worst week since October as the spread of the delta variant, especially in China, clouds the short-term outlook. Brent crude fell 7pc to $70.70 a barrel.Global oil demand remains below pre-Covid levels, but should reach a near-record high of 100m barrels a day next year, Nasser said.... Daily Telegraph

[waldron] 09/8/2021 07:55

European markets set to start the week on a negative note


Published Mon, Aug 9 20211:12 AM EDT
Holly Ellyatt
@HollyEllyatt

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Key Points

European stocks are expected to open in negative territory on Monday, bucking more positive sentiment overnight in Asia-Pacific markets.

London’s FTSE is seen opening 17 points lower at 7,109, Germany’s DAX 23 points lower at 15,738, France’s CAC 40 down 8 points at 6,815 and Italy’s FTSE MIB 87 points lower at 25,891, according to IG.

[xxxxxy] 08/8/2021 09:32

Boris Johnson's push for net zero plunged into chaosTreasury review has been delayed over fears working class families will end up footing the bill for the Government's green agendaByEdward Malnick, SUNDAY POLITICAL EDITOR and Emma Gatten, ENVIRONMENT EDITOR7 August 2021 • 9:00pm?Boris Johnson's green agenda has been plunged into chaos amid fears that the costs of reaching "net zero" could cripple working class families in newly-won Tory seats.A Treasury review of the costs of reducing net greenhouse gas emissions to zero by 2050 has been delayed since the spring. There are concerns the analysis highlights that the poorest households will be hit the hardest by the ambition, which will involve policies such as stripping out gas boilers and switching to electric or hydrogen cars.Rishi Sunak, the Chancellor, is said to be increasingly concerned about a looming crisis over the cost of living for British households, as the country faces the triple threat of rocketing energy bills, the potential for rising prices as a result of inflation, and an as-yet unspecified suite of policies to enable the country to meet the net zero target.... full article.... Daily Telegraph