Shell Share Discussion Threads

[supermarky] 10/6/2015 13:49

Yes the reason for increased amount of posts is the current plunge. I have roughly 35k in shell shares so it's relevant for me

[my retirement fund] 10/6/2015 13:38

Yes poor Miata, his account was quite moving and one can only assume the worst given his silence.

On to the chart, one can see its long term character is to sit fairly tight with the 50 day MA, so it must be a given a return to the norm will have to occur (currently around £21 at present.

Another interesting revelation in the chart, how far RDSB is now oversold in relation to RDSA. At some stage RDSB has to pull back up.

I rather suspect what is going on here is weighted shorting for arbitrage by hedge funds and the very fact the thread has jumped into life of late also indicates increased interest from similar folk day trading.


free stock charts from uk.advfn.com

[chiragmahe] 10/6/2015 13:37

mate its coz this stock is in freefall. Lots of peeps here have huge stakes!!!

[chairman20] 10/6/2015 13:03

wad

its a temporary infestation - we hope

If your reading Miata good luck - we always
got real news and thoughts from you

[wad collector] 10/6/2015 12:23

What on earth has happened to this BB? I don't look for a few days and there are 155 new entries ; has there been a takeover bid?
I see it was a year ago this week that MIATA (his thread) posted last about his heart attack. I guess we will not hear from him again. A reminder to spend money as well as make it.

[supermarky] 10/6/2015 10:08

If the 1880 area fails I would expect quite a drop to the next support but who know

[supermarky] 10/6/2015 10:07

The 1888 area is obviously a support from August 2011. Omg we are going back to 2011 for support!! If this fails next is 1650 area then 1550 area from what I can see.The share price is currently in this steep down channel which it hasn't touched the bottom of since 26th May 2015. Today it's roughly languishing in the middle of the down channel. Pick up quality assets on a dip? its all about if you have the bottle. Major support recently fell and I think loads of stops were triggered. This is also being shorted by the big guys at the moment. Remember worst case scenario this will be a very good divi payer. Buy into the fear and all that lol. It's easy to forget the bull case for shell given all the misery at the moment

[fjgooner] 09/6/2015 23:16

July Futures:

Crude Oil (Brent) UP nearly 4% by the end of trading tonight.

NYMEX Natural Gas UP approx 5.2%.

Both futures and spot for oil seem to be shifting upward - former back above $65, latter just under $65.

If this proves to be the start of a trend reversal then it could be rather good news for the likes of RDSB and BG. Of course, it could just be a wobble. :)

[fabius1] 09/6/2015 18:23

EI - Sorry, should have said you will get a second bite at the cherry, but not necessarily tomorrow.

[nicksig] 09/6/2015 18:03

I think this will bounce tomorrow. DAX bounced into close and DOW currently flying and UKX will likely follow

[eisler] 09/6/2015 17:20

Now that we're sub 1900, who knows where next? Trend very firmly in a downward direction and doesn't seem anything on the (short-term) horizon to halt this. Seems my topping up at 2000 was hasty, long way back to 2100 in this climate...

[essentialinvestor] 09/6/2015 17:07

Short or long?.

[shaggies_view] 09/6/2015 16:57

The grind continues. Target moves to 1763p if 1890-96p level goes.
Scaled in today.

Shaggy

[fabius1] 09/6/2015 16:42

EI - You will have a second bite at the cherry tomorrow, if you wish of course...

[essentialinvestor] 09/6/2015 16:26

Had some GSK Mark, so please don't tell me it's going to £13 )
Will add on the way down.

Could not pull the trigger here this afternoon, may regret that,
there must be longer term value around here IMV.

[supermarky] 09/6/2015 16:23

I'll have a good look over this little bliter this evening

[hiriam007] 09/6/2015 16:07

Sure. Savage the divi by 25% and you're still getting approx 4.75 %.

[essentialinvestor] 09/6/2015 16:05

Agree, it's highly unlikely, it's not what should happen.
However if you factor in as much possible downside and still want to
buy on that basis it makes sense to me.

[hiriam007] 09/6/2015 16:01

I think it's about 70 years since Shell cut a dividend. I would think that within reason they would do everything in their power to ensure that its not cut. Obviously there's no guarantee however.

[essentialinvestor] 09/6/2015 15:50

yam, just my own view on the dividend - factor in a 20-25% cut,
it's still a decent yield on that basis.
Not saying that's what I expect, just how I look at it from an income perspective.

[imperial3] 09/6/2015 15:43

I understand that they will maintain the dividend for 2015/16,or so they say.But in markets,nothing is a guaranteed certainty.

[yam114] 09/6/2015 15:32

Is the divi safe from an income point of view this is tempting.

[careful] 09/6/2015 15:26

Just topped up at 1893.

[fabius1] 09/6/2015 15:20

SM - 1890 trigger.