Shell Share Discussion Threads

[whiskeyinthejar] 22/1/2016 15:02

Yeah I saw that their forecasting record snowfall for East coast USA. People are clearing the shelves on everything (including oil I guess).

And isis have been busy blowing up oil facilities in Libya again yesterday.

BTW. Strong dollar is supposedly bad for oil price because traders don't want to hold oil.

[rcturner2] 22/1/2016 15:00

your opinion is worthless

[zyzzyva] 22/1/2016 14:44

imo a massive dividend cut is inevitable after this deal

[zyzzyva] 22/1/2016 14:41

i was shocked at the media coverage of the shell and BG trading updates. of course shells numbers were much worse than BG because shell uses current cost accounting while BG uses historical cost accounting.

[zyzzyva] 22/1/2016 14:39

people did not trust the $2.5bn cost assumptions at the time. but the management increased them to $3.5bn after the oil price fell, to protect the deal. then they say they are sacking 10,000 while BG only has 5000 employees. the synergies are in fact porkies and cost reductions elsewhere in the business.

[zyzzyva] 22/1/2016 14:36

this takeover is a disaster for shell shareholders.

read the FT article at the time the bid was made. it tells you everything you need to know. according to one fund manager the oil price needs to rise to $90 for the deal to make sense

April 9, 2015 6:43 pm
Oil price holds key to success of Shell takeover

[eaaxs06] 22/1/2016 14:11

The only way it will increase is if the dollar strengthens against the pound, monty.

Final dividend will be $0.47.

[montyhedge] 22/1/2016 13:43

Get that massive dividend, may even increase on 4th Feb.

[imperial3] 22/1/2016 13:21

Apparrently, atrocious winter conditions,in some parts of the USA,could lift demand currently.

[imperial3] 22/1/2016 13:19

Thanks togglebrush.

[careful] 22/1/2016 12:55

The obvious next development will be an orderly commodity market.
Demand for oil is at record levels and recent production reports from Rio, Blt, and others suggests that metal demand is still very strong.

They will learn to control supply.
I expect Shell to double in value over the next 2 years.
this only reverses recent falls.

[nw99] 22/1/2016 12:53

The WTI price will be watched closely by chartists as $30.85 is the Fibonacci retracement resistance level

[sogoesit] 22/1/2016 12:35

It usually does, pix, but I expect to be dead by then!

In the mean time my underlying long RDSB looking very perky today!

But how long will it last?

[pixi] 22/1/2016 11:46

It's all going to end in tears.

[84stewart] 22/1/2016 11:38

So BG./shell holders will get a piece of the divi that should cost shell more dosh

[bashor] 22/1/2016 11:32

In yesterday at 1282 and feeling good, hope it lasts as its a long term dividend play for me

[togglebrush] 22/1/2016 11:29

Announcement date______________________________February 4, 2016
Ex-dividend date RDS A ADSs and RDS B ADSs_____February 17, 2016
Ex-dividend date RDS A and RDS B shares________February 18, 2016
Record date____________________________________February 19, 2016
Scrip reference share price announcement date__February 25, 2016
Closing of scrip election and currency election_March 4, 2016
Pounds sterling/euro equivalents announcement___March 11, 2016
Payment date____________________________________March 29, 2016

[eaaxs06] 22/1/2016 11:27

Probably about the end of March.

25th or 28th?

[nw99] 22/1/2016 11:25

First resistance 1600

[imperial3] 22/1/2016 10:48

When is the next dividend paid?

[badtime] 22/1/2016 10:09

Not the end yet one suspects

[nw99] 22/1/2016 09:08

All looking good

[shaggies_view] 22/1/2016 08:42

Gap fill. Will add more but not at this level.

Shaggy