Shell Share Discussion Threads

[poikka] 18/3/2020 10:40

loganair - "All I can say about so many companies - "All these stupid ill timed share buy backs."

And throw in 'efficient balance sheets'.

[poikka] 18/3/2020 10:38

fjg 462, the possibility that SA and Russia will be persuaded by third parties to come to an agreement on supply reductions is the only reason that I'm still invested here.

SA and Russia would still be facing-off to each other without outside intervention, so potentially good news re. Iraq.

It's quite obviously in the interests of both nations to back-off, as they'll both be suffering from the low oil price.

As an aside, Iran must really be hurting, no wonder they're making warm, or maybe lukewarm, noises like giving Nazanin Ratcliffe temporary release from prison.

So, yes, worth holding some.

[loganair] 18/3/2020 10:36

All I can say about so many companies - "All these stupid ill timed share buy backs."

[tornado12] 18/3/2020 10:30

Trader 365, I don’t expect any possible comparison between those risky loan banks from past and a well capitalised company with strong pedigree and balance sheet of Shell. We have been in this zone on oil price before and come out other side leaner and meaner so nothing new to this company. Shell is a world class investment and will be a future WC energy systems provider. If you don’t get in at these prices I can be sure in 2 yrs your kicking yourself big time

[w1ndjammer] 18/3/2020 10:26

Logan i think USA mainly supply their own market.

The Saudis have had it very good for the last 50 years

they have to give something back

WJ.

[waldron] 18/3/2020 10:20

US to become the ‘world’s leading LNG exporter by 2025’

Features & AnalysisOil & GasNatural Gas

By James Murray 18 Mar 2020

[trader365] 18/3/2020 10:08

Many were totally confident in the long term future of the blue chip banks and Lehman Brothers, Worldcom, Enron etc

Probably best to wait for the oil price to bottom out, which could be months away

[tornado12] 18/3/2020 09:59

In again @ £9,56, easy decision for me and totally confident in future long term performance of Shell.

[loganair] 18/3/2020 09:55

It seems to me over the past 5 years that the United States has not been playing it fair, while the Saudis have reduced production by 2mln barrels per day and Russia by 600K over the same period of time the United States has increased their oil production by 4mln barrels per day.

[trader365] 18/3/2020 09:30

Fedex can be as busy as they like, it the oil price causing this to drop. Crude now back at 2003 prices

RDSB will be 500p if oil falls to $20

[fjgooner] 18/3/2020 09:08

It looks like Asian demand is already getting back to normal, according to FedEx.

---------

While the uncertainty is shutting down daily life in much of the world, FedEx is beginning to see a cargo rebound in China, where the outbreak originated. About 95% of large manufacturers have returned to operations there, FedEx said, and last week the courier made about as many flights as normal to and from the country.

...

“The demand we’re seeing out of Asia right now is quite robust,” Chief Operating Officer Raj Subramaniam said on a conference call with analysts to discuss the company’s fiscal third-quarter results. “Manufacturing capacity is coming back online.”

From:

[action] 18/3/2020 09:01

RDSA which us more secure than RDSB.

[action] 18/3/2020 08:59

Does any one what is breakeven oil price RDSB Pls?

[mister md] 18/3/2020 08:57

took a first position at 966p, just in case

[kev0856153] 18/3/2020 08:55

Debt is only 94 £billion lol
No wonder its tanking.
Revenues have collapsed but debt is the same. Do the math.

[supermarky] 18/3/2020 08:51

glad I held off yesterday

[action] 18/3/2020 08:49

Be careful with gold recomendation.Imperial was their conviction buy when it was 3500p.

[maywillow] 18/3/2020 08:41

RDSB Goldman Sachs Buy 2,050.00 - Reiterates

BP. Goldman Sachs Buy 550.00 - Reiterates

[poikka] 18/3/2020 08:37

Even if pharmas came up with a super drug, tomorrow, that was available and highly effective, oilies would still be faced with the spat between SA and Russia - and struggling global economies.