Shell Share Discussion Threads

[waldron] 13/3/2020 18:11

buybacks a and b but nothing exciting

[w1ndjammer] 13/3/2020 18:10

trader

in 2015 / 16 we heard all about cutting the dividend, the analysts were

all calling a dividend cut. Shell finally put out a statement basically

saying among other things that Shell plan on a 5 year horizon and are not

concerned with blips in the oil price.

Remember Shell are more than just an oil pumper.

WJ.

[matchupitchu] 13/3/2020 18:07

With more and more measures being taken by governments and companies to contain the virus.....how much downside is left ?

[spud] 13/3/2020 17:49

100% sure....?spud

[11_percent] 13/3/2020 17:43

$20 oil is a nailed on certainty......if not the teens.

[frazboy] 13/3/2020 17:21

‘ The announcement if refers to dividend being retained would push this up significantly...R17;

Only temporarily I suspect. What the market wants to see is the dividend not funded from debt. That requires a higher oil price which requires oil markets to be nearer to balance which requires Salman or Russia, or both, to concede ground. Buyers are gambling on that outcome although I’ll concede that SA and Russia may not have quite the reserves or the future production capability folk believe - but that’s a longer term complication. Those are my thoughts, feel free to ignore!

[plentymorefish] 13/3/2020 17:21

And analysts are always right....

[trader365] 13/3/2020 17:17

Analysts are calling $20 oil, if that happens then they'll surely have to cut the dividend then the price will tank

[essentialinvestor] 13/3/2020 17:12

Once confidence goes it's difficult to get back, so might expect some
currently unimaginable policy tools to be utilised?, going to be interesting, that's for sure. The central theme of this decade longer bull market has been CB omnipotence, particularly re the FED. That burst this week, at least for now.

[pratt2] 13/3/2020 17:11

The announcement if refers to dividend being retained would push this up significantly...I agree with you re further to fall... FOMO driving retail investors to buy. I sold out on some big players after brexit and never managed to time my way back in so I ve joined in here knowing fully well this may not be the bottom...Another reason I decided to get in is because there is long term support (or meant to, broken today!) At these levels .. Let's see!Hopefully in 2 years time, this is all a moot point.ATB!

[fraser038] 13/3/2020 17:06

EssentialInvestor

Yes, its a possibility. Not sure if CB's legally could do this?

Also I cant see the Fed or BOE agreeing to this. The ECB on the other hand may lead the way.

[essentialinvestor] 13/3/2020 16:56

EJ, we may possibly be in the direction of travel to where CB's begin buying the market, either through futures or individual stocks. Quite extraordinary, but a possibility. Definitely huge fiscal programmes on the way.

[fraser038] 13/3/2020 16:53

@w1ndjammer

For me its not about watching the share price rise before I buy.

What I look for is a combination of positive outlook on Oil price and increasing demand over the next 12 months. If we have those then Ill buy at almost any share price

I look at things in a simple way and it works for me. We are looking at an increase in production, political tensions and decrease in demand over the next 3-6 months. Anything can happen in that time and the virus is the needle that's popped the balloon.

I will also be buying them in an isa and leaving them as long as I live and that why I can wait until buying conditions look more favorably.

Ive been in this a long time and have never picked the bottom of the market yet however I have caught a few knifes on the way. Yes we might get a 50% bounce but experience tells me we have a bit to fall yet.

I would like to hear an announcement about the Dividend before I buy.

[essentialinvestor] 13/3/2020 16:40

Clearly Shell has been particularly hit, but this selling is indiscriminate.
There are stocks with net cash, even allowing for lease liabilities, that are being sold off.

[poikka] 13/3/2020 16:32

Waldron - "days,weeks and months opportunities of buying one of many excellent shares to buy on the cheap that continues to pay a decent divi"

Things is with RDS and some others, even if they do the unthinkable and cut the divi by half, at today's sp, a buyer could still reckon on 6.5% yield. Not a bad gamble.

[fardels bear] 13/3/2020 16:31

My timeframe is however long I live. I want them for the div in my ISA. See what Monday brings. Just watch The Russkies and Arabs do a deal over the weekend.

[essentialinvestor] 13/3/2020 16:27

FB, it may depend on what they are buying, timeframe?,. etc

[w1ndjammer] 13/3/2020 16:27

Fraser

How far will you let the share price rise before you start buying ?

WJ.

[waldron] 13/3/2020 16:25

Politics
Trump plans to declare national emergency over coronavirus pandemic
Published Fri, Mar 13 202010:58 AM EDTUpdated Moments Ago
Dan Mangan
@_DanMangan
Christina Wilkie
@christinawilkie
Key Points

President Donald Trump plans to declare a national emergency over the coronavirus pandemic, according to adminstration officials who spoke to NBC News.
The president has scheduled a 3 p.m. ET press conference Friday at the White House.
French President Emmanuel Macron said leaders of Group of 7 economic giant nations have “agreed to organize an extraordinary Leaders Summit by videoconference on Monday” on coronavirus.
Treasury Secretary Steven Mnuchin said the White House and Congress are nearing a deal that would provide stimulus to the U.S. economy amid the coronavirus outbreak.

[fraser038] 13/3/2020 16:24

I cant understand why people are buying yet. Yes its low but given the fact Italy and China are just the start things are going to get a lot worse before they get better. Who knows what will happen when most of Europe and the Americas close down for 2 weeks. They are going to be increasing production at potentially the worst time. Yes it could bounce from here but why take the risk when the odds are more favorable to wait? If your a long term holder why rush in?

[spud] 13/3/2020 16:22

:-)

spud