Shell Share Discussion Threads

[gooner1886] 13/3/2020 20:34

It could stay at these levels for a few months though, ruskkis and saudis at loggerheads, travel obviously very low (demand) But you would think these are safe levels ro invest at long term it has to recover

[lammergeier] 13/3/2020 20:21

Brent crude up 6%

[spawny100] 13/3/2020 20:17

I doubt anyone will be able to pick up these under £12 for long on Monday given oil and DOW rise just now.

[watfordhornet] 13/3/2020 20:16

Neither can I as heavily invested here and BP.Anyone have a view on worse case? Saudi and Russia hold out for 12 months - can they survive and would govnt intervene like did with banks?

[fjgooner] 13/3/2020 20:16

Nor me. I cannot believe what I am seeing.

If Shell is not back above £13 by c.o.b Monday, something is severely wrong.

[gooner1886] 13/3/2020 20:11

Cant believe this is at £10 nearly a share.

[rbonnier] 13/3/2020 20:10

Looks like Mr Market likes what Mr Trump has had to say as the DOW soars 20 centuries !

[grupo guitarlumber] 13/3/2020 20:00

Markets
Trump asks energy department to purchase oil for the strategic petroleum reserve
Published Fri, Mar 13 20203:57 PM EDT
Thomas Franck
@tomwfranck

[adg] 13/3/2020 19:55

I have bought in SIPP 7500 RDSB this past week along with 25000 bp - spent about 180k to purchase between £10k and £20k PA income depending on whether the companies maintain or perhaps halve their dividends, i have another £200k + left in cash to buy more of these or others blue chip high yielding companies.
oil has been low for a few weeks, may continue for days, weeks, months, or a year or so but eventually POO will turn around and hopefully the Coronavirus scare will be behind us, if it turns into much worse a situation i think i will have a lot more to worry about than a silly share price...
Good luck and best of health to all - thank you for your contributions recently.

[fjgooner] 13/3/2020 19:53

This is all so completely pointless.

Shut down all trading of the filthy shorters.

This has now become an utter disgrace.

Trump will now buy up the ludicrous extra cheap supplies.

It's all mad.

[grupo guitarlumber] 13/3/2020 19:51

yes spain number 5




CJohn
13 Mar '20 - 19:44 - 11103 of 11103


WHERE IN SPAIN

[cjohn] 13/3/2020 19:44

I'm an asset based value investor; it's what I do for a living.


I almost never put money in large caps. But RDSB's price today - below 11 quid - is factoring in utter and long-lasting disaster. Which is unlikely. So I've started buying in. And will pick up more, if the price drops back further.


I live in Spain and the schools and unis and some workplaces are shut to try to stave off COVID-19. Even so, life goes on. People are going mad shopping - hoarding - and are abandoning public transport in favour of their own cars. Long lines at the petrol stations.

Many deaths here. But only mild panic so far. UK may get to this point in a couple of weeks. Society and economic activity continues.

[waldron] 13/3/2020 19:30

will there be more shell b share buybacks in coming weeks

[waldron] 13/3/2020 19:25

Brent Crude Oil NYMEX 36.09 +2.53%
Gasoline NYMEX 0.93 +1.44%
Natural Gas NYMEX 1.91 +1.38%
WTI 32.35 USD +4.42%

FTSE 100
5,366.11 +2.46%
Dow Jones
21,945.23 +3.51%
CAC 40
4,118.36 +1.83%
SBF 120
3,250.15 +1.56%
Euro STOXX 50
2,586.02 +0.62%
DAX
9,232.08 +0.77%
Ftse Mib
15,806.61 +6.12%


Eni
6.911 +4.84%


Total
26.025 -1.35%

Engie
10.485 -0.52%




Bp
276.3 +0.47%

Vodafone
105.06 +1.08%

Royal Dutch Shell A
1,130.6 +0.32%

Royal Dutch Shell B
1,083.8 -1.47%

SHELL COs drifting apart

[lovegod] 13/3/2020 19:03

Just Death and taxes

[p0pper] 13/3/2020 19:01

Fraser, yes it is, death and taxes, lol

[fraser038] 13/3/2020 18:39

Thanks for clearing that up EJ.

Lets see what next week brings.

Enjoy they weekend folks, stay safe.

[growthpotential] 13/3/2020 18:36

The fact is, we may be sitting on lost gains and out and out losses on portfolios (not just shell) but the fact is it's moments like this which is what generates big returns in the long run. My pension payments at work will go in at lower prices now and grow over 30 years. Ironically it's these sell offs that allow better long term returns although painful as it may seem now. For older investors, shell will continue to pay the dividends so it's all good