Shell Share Discussion Threads

[fangorn2] 08/7/2015 23:15

Point is Production is not falling, despite the drop in rig count.

And this has just turned back up (last Baker Hughes)

Iran nuclear agreement,looking unlikely, will bring new supply online - much of which has been stored.Iranian production however wont increase in the short term but will over 12-24mths if there is an agreement.

As to demand - who knows where that will be in 12+ months

Shell however looks a bargain at current levels all things told.

[2hoggy] 08/7/2015 23:11

That's exactly what I said last night,totally agree.

[minerve] 08/7/2015 23:06

The lower the oil price goes the more supply gets taken out of the equation. The shale boys driven by bond markets aren't having a good time in the US. Wells are being closed by the bucket load. Coal is being replaced by LNG as the world's no 2 fuel and acquiring reserves is easier/cheaper than finding new ones at the moment. For me, Shell are doing all the right things and the current yield allows room for future divi cuts if necessary. This is the closest thing you are going to get to a high-yielding savings account in the UK, sadly. The company, once merged, will, eventually, be FTSE no 1. The oil price will probably not get back to $80/barrel for years and years, and with the cost of money, particularly the $, looking to go up, some of that shale business may never come back. You only need to look at projected growth rates for cars in India and commercial flights and this will give you some idea that oil will remain king for a long time yet. Record new car sales in the UK and a fresh new desire for pick-ups/SUVS in the US also gives this view. What is extremely sad is this cheap money is not helping our poor planet through our quest to cut carbon emissions.

IMHO & DYOR

[xxxxxy] 08/7/2015 22:21

It never cuts the dividend. Try bp for that.

[irnbru2] 08/7/2015 19:55

A Div cut by half, is rout.

Gets things back on track.

[irnbru2] 08/7/2015 19:50

Shell = 7 % yield.

What is going on guys.

Oil was over valued, but this is rediculuas.

[essentialinvestor] 08/7/2015 19:37

Crude needs to stabilise for any meaningful recovery imv,
wider UKX level also a factor.

[shaggies_view] 08/7/2015 14:52

Interesting, despite the bounce today RDSB has not even issued a buy signal according to my work. Shows how oversold it is and when you look at the weekly chart (RSI<30) you can see why.

Brokers still positive and it just needs a shift in sentiment and Shell will be heading north again. Patience for holders. Sound, solid business!

Shaggy

[supermarky] 08/7/2015 14:14

Yep let's not get too carried away but it does look lovely. Reminds us all rdsb can also go UP

[eisler] 08/7/2015 13:28

We have regularly seen this type of spike in recent months, nothing to get excited about if you're a long-term holder and the general downward trend will continue, unfortunately.

[philo124] 08/7/2015 12:48

Topped up this am.

[essentialinvestor] 08/7/2015 12:34

I would not get too carried away with one day's price action FWIW,
possible to have a re-test of that low, or lower if markets go in to
a full scale correction. Let's see.

[shaggies_view] 08/7/2015 11:10

Scooby does as he is told!
Down boy!

Best time to buy is when others can't press BUY button in shear panic.

Shaggy

[essentialinvestor] 08/7/2015 10:36

Found it very difficult to buy yesterday afternoon as it felt like the
world was ending for RDSB at one point, forced myself and
bought my full allocation, getting quite a few near the low luckily.

Can't call the low myself.

[supermarky] 08/7/2015 10:32

Shaggy does Scooby also agree with you lol?

[supermarky] 08/7/2015 10:27

free stock charts from uk.advfn.com

[shaggies_view] 08/7/2015 09:50

1750-1770p will soon prove to be a gift. DYOR.

Shaggy

[2hoggy] 07/7/2015 22:54

What I like about shell is its investment in gas,as pressure will come to bear on oil from the greenies and of course gas releases less carbon.

Gas and oil will be with us for an awful long time in the future,what many forget is the many by products from oil,plastics to animal feed etc.

Most of the green energy ideas are created by using oil based products and people who say oil and gas has a limited life in our world need to look at the facts.

Shell is a well run company and my view for what its worth is a good long term investment,the world trade will in time start to grow and oil and gas will be the propellant

Usa up tonight so tomorrow higher..

[morph7] 07/7/2015 22:05

Jumped in today with both feet on this. No time line as I'm happy to hold for years. Good luck all.

[shaggies_view] 07/7/2015 21:20

Time will show what a good buying level this is.
No ramping intended. I bought my sack full today and happy to live with it and the dividend. DYOR.

Shaggy

[xxxxxy] 07/7/2015 21:16

Look long term, because in the end the dividend pays for share. Think of it as planting seed and the trees grow and then comes harvest. Love and peace.

[bamboo2] 07/7/2015 20:43

The Descending Triangle Pattern No.1 hit its target today.