Shell Share Discussion Threads

[montyhedge] 11/12/2015 15:58

Don't try to catch a falling knife its a mugs game.

[waldron] 11/12/2015 15:57

CHUCKLE

HAVE YET TO BUY MY RDSB AT LOW EURO PRICE

HOLD TOTAL ONLY AT PRESENT

ENJOY YOUR WEEKEND

[imperial3] 11/12/2015 15:39

While Rome burns,Nero fiddles.Opec's inaction likewise will have dire consequences for the producers,as they bury their heads in the sand.

[montyhedge] 11/12/2015 15:30

lol, desperate bull.

[waldron] 11/12/2015 15:17

fed up fed up fed up

FED ups interest rate on 16 dec

shares get relief rally

cause tax loss selling and year end window dressing finished

Chartists expect SHELL is due a substantial rebound

so now expect to be positive the later part of next week

[montyhedge] 11/12/2015 14:06

Oil $29 Shell 1235p, U.S. Shale co. go bust. Debt market in oil companies down as companies can't pay.Sound like Scrooge, but that's the way I see it.

[eddie max] 11/12/2015 14:03

I reckon it'll be a steady slide for the next 4 months

I wont be buying until £12

[montyhedge] 11/12/2015 13:01

Don't catch a falling knife, 1235p is my target.

[xxxxxy] 11/12/2015 11:49

Slippery, time to buy again, I think.

[imperial3] 11/12/2015 11:04

In the meantime the price continues to plummet.The eventual road to a crisis for OPEC producers.

[whiskeyinthejar] 11/12/2015 10:53

The market and Opec still looks to Saudi as the swing producer.

A country able to raise or lower production enough to control the price is in a powerful position.

Nobody else looks likely to take the role just yet.

But apparently they don't currently have much excess capacity so couldn't ramp up production if say Venezuelan oil unions declared a strike. Given the current crisis in Venezuela this could happen.

And they obviously haven't cut to support the price have they.

So not much of a swing producer but there's no other candidate.

[careful] 11/12/2015 10:29

monty your opec numbers are about 30 years out of date.
opec control 31m barrels/day against a total of 94m barrels/day.
that is 33%.

not what they used to be.

[pugugly] 11/12/2015 09:56

Now sitting on the trend line ar £15.00 mid - Could be seatbelt time !!

[nw99] 11/12/2015 09:47

I am buying BP and Shell for that reason. Once shale closes a mine they don't reopen them ! This will play into the big players hands

[montyhedge] 11/12/2015 08:42

Because with OPEC they control 60% of the worlds oil.They are increasing production, to put US shale companies out of business. I think drive prince to $29 not a lot of companies could survive that for to long.

[careful] 10/12/2015 20:30

Why do they go about the Saudis.
they only produce 11m barrels per day out of a World total of 94m barrels.
That is under 12%.

[imperial3] 10/12/2015 18:42

Very interesting article in "Master Investor" today entitled "The Saudis want everyone to go bust".Well worth a read.

[whiskeyinthejar] 10/12/2015 14:23

Another target of low poo was probably Venezuela.

Centre right took control of parliament in Venezuela from Chavez's socialist party at weekend.

Much more palatable to wage economic war than military war.

Ideally they want cheap oil to weaken Putin popularity too. The fall of Soviet Union was probably helped by fall in poo.

[chairman20] 10/12/2015 13:55

I am beginning to believe its a little more complicated
than Saudi politics and US shale well shut in's.

everyone is trying to hold onto long term market share
and everyone is facing the same commodity glut. And
the damage that the QE-induced Commodity super cycle is
as visible in oil as it is in minerals.

One little take away - over the past two months refined
oil products have accounted for 22% of China's exports.
Seems like they are so desperate for dollars they are
selling off their huge stockpiles.

[4spiel] 10/12/2015 12:41

It's very good that the Americans have the Shale stuff so that OPEC Saudis and whoever else never hold us to ransom again. There is other economic activity than oil and gas production that benefits from cheaper fuel and this keeps inflation down. Unfortunately we are run by useless central bankers who want to drive up inflation. It's too much phoney inflation that's been the cause of too many of our problems. Low inflation because of lower input costs is one of the best drivers of healthy economic activity by enterprising entrepreneurs using their brains and others getting their hands dirty in what they know best!

[imperial3] 10/12/2015 11:47

In which case,in the event(big if) of oil htting $10,will Russia and Saudi still behave in the same way,in this scenario?

[shalder] 09/12/2015 21:33

Just a thought here. The majority of the BG. acquisition is being funded through issue of shares. Following deal completion it would seem reasonable to suppose that a proportion of (previously) BG. shareholders will not wish to continue holding Shell - some will doubtless already hold Shell shares. It concerns me that this may create an overhang of sellers/weak holders post issue of the new shares. Anybody got views on this?