Shell Share Discussion Threads

[imperial3] 06/1/2016 16:24

If you vote yes,do not complain,about the fall in the share price after the deal goes through,irrespective of the fall of oil and gas prices.The market will be flooded with Shell shares.

[zorija] 06/1/2016 16:11

Voted NO...
ZZZ

[montyhedge] 06/1/2016 16:10

But if you want income £3 billion in cost savings, dividend safe for years to come.
I'm voting YES.

[montyhedge] 06/1/2016 16:09

Vote NO come back in a year and offer BG a lower price, simple. If no bid Shell would go back to 2200p.

[imperial3] 06/1/2016 15:58

It is not a forgone conclusion that the deal will go through.Shell shareholders need just over 50% for the deal to succeed.It does not mean that all institutions will vote for this deal.They know what is going on,and they are all accountable.Neither do they want to be saddled with further losses.If enough vote against we stand a chance of this failing.The current terms do us no favours at all.

Those who that have not voted yet,VOTE NO.

[84stewart] 06/1/2016 15:58

Jolts I think is about right, about 78% institutes+/--- 8% Americans holding shell shares 1% of remaining private investors saying yes this will go thru, had a word with American friend he thinks 360,000,000 ADRs in 3 funds he knows about look s like they go yes shell investors about 122,000,000ADRs BG. Yes the rest Unknown

[montyhedge] 06/1/2016 15:55

Confirmed 4th Feb Finals and interim dividend, looking for 32p.
These are cheap.

[fangorn2] 06/1/2016 15:40

84Stewart,

Not a fan of the push into Gas - which is direction BG takes them, and a costly one at that hence the "NO" vote. The world is as awash in nat Gas,as it is in Oil and whilst this might diversify Shell it comes at a significant overpaying for said move.

The "Bought some more Shell" comment was as an aside,and not related to my voting No to BG.

[holts] 06/1/2016 15:33

unfortunately makes no difference what we do , instis will mostly hide behind long term thinking and it will go through , flip a coin really .

[nw99] 06/1/2016 15:28

Voted yes and bought more BG

[imperial3] 06/1/2016 15:01

What is there to stop oil plummeting to say $20 a barrel,when the producers stubbornly refuse to cut production.In this scenario,there is no justification for this deal as it now stands,which is looking not to be in the best interests of the shareholders.To make matters worse,the market will be forced to absorb many extra Shell shares,leading to a further weakening of the price.It is all very well claiming that in the long run this will be advantageous.In the meantime do we have to put up with a battering of the share price.Anything that is a threat to the dividend has to be viewed with concern.The reality check is that we will have to wait for some quite some considerable time for oil and gas prices to recover.

So therefore please VOTE AGAINST THIS DEAL.

[84stewart] 06/1/2016 14:36

Fanghorn2
Shell would still £14.83 what's killing them is the oil price not the bid ,BG. Would be about 880p as they are not reliant on oil and gas is rising ever so slightly in price,and the BIG funds are buying into the deal,but if it
Should fail YOU won't be any better of until oil price rises.BUT everyone to their own .

[chiragmahe] 06/1/2016 14:22

Voted "No"

Dont want dilution or to pay 50% premium.

BG would prob be 500p without Shell

[fangorn2] 06/1/2016 12:59

Voted "No" myself and bought a few more Shell this morning.

[w1ndjammer] 06/1/2016 08:35

monty

looks like you got yourself on the wrong side of the trade......


Buy for the future, not a quick trade too risky.

WJ.

[84stewart] 06/1/2016 08:17

I have voted yes,it is personnel choice ,shell may well be paying a tad too much ,but should it fail shell won't rise to £ 20 odd as it is low oil price that is keeping them low ,IMO in the future gas will outperform oil ,if shell does not take them out someone else will leaveing shell Powerless (GAS)

[montyhedge] 06/1/2016 07:58

That yield looks even better with the weak £ against the $. The payout will be more.Nice article.

[fangorn2] 05/1/2016 17:58

Quite a leap to compare Shell to RBS.
RBS, Derivatives, synthetic instruments and debt - none of which are necessary

Shell - Oil production, key to global economy. Little debt. Involved in life blood of the economy.

Stretching it with the RBS comparison imv, but I do share some concerns over the expansion into natural gas and BG is expensive,currently.And was when RDSB bid for it. Question is, in 2020 will it have been a cheap bid?

[2hoggy] 05/1/2016 17:49

RBS was run by a Scottish meglomaniac who should have been put inside for his stewardship.He bares no resemblance to the shell board whom I have faith in.The balance difference with world oil production is only 3 million barrels a day and all you need is hostilities in a oil country or a upward movement in oil use and we would have a deficit.

The world is run by oil and gas and that is not going to change tomorrow.In two years time will you be saying that I wished I had bought shell??

[imperial3] 05/1/2016 17:48

Pity the Shell BOD don't see it that way.

[loki666] 05/1/2016 17:12

I've just voted No also, the price being offered gor BG is too high given the outlook for the oil / gas price.RBS bid at the wrong time and we know what happend to them

[imperial3] 05/1/2016 16:08

Got my form,voted against the deal.Could be years before oil recovers to $60.Don't want dilution,neither a possible dividend cut if the oil price keeps sinking.Shell are overpaying.

Therefore VOTE AGAINST.

[grupo guitarlumber] 05/1/2016 14:51

YIPEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

[montyhedge] 05/1/2016 14:49

Finals in a couple of weeks time, I expect 32p dividend.