Shell Share Discussion Threads

[zyzzyva] 20/1/2016 09:50

and all that was based on a transaction that assumed that oil price would recover fairly quickly to $70 ! imo that 150% rise is not going to happen for many years.

[zyzzyva] 20/1/2016 09:48

the 383p cash component of the acquisition will cost $19bn (on 3.42bn BG shares). add that to BGs $10bn of net debt and we are taking on nearly $30bn of debt, leveraging up when energy prices are crashing.

[badtime] 20/1/2016 09:44

Re post 5562...the operative word being 'could' ...maybe yes maybe no...keep an open mind

[zyzzyva] 20/1/2016 09:38

Oil market could drown in oversupply in 2016, says IEA



International Energy Agency predicts increase in supply after lifting of sanctions against Iran, pushing prices down further

The world could find itself drowning in oil this year and prices could fall further as new Iranian output cancels out production cuts elsewhere, according to the International Energy Agency.

An increase in supply and weakening demand growth will ensure there is an overabundance of oil until late 2016 at the earliest, the IEA said in its January report. It said the result would be the third successive year when supply exceeded demand by 1m barrels a day, and the system would struggle to cope.

[badtime] 20/1/2016 09:31

Good point Losos

[losos] 20/1/2016 09:29

RCTurner2 - "Some embarrassingly weak minded people posting on here."

There always are such people around. We have free speech in this country, doesn't mean we have to listen or that the 'free' bit gives it any credance. At least we've not had too much blasphemy and crudeness. Even old Monty gives us a bit of a laugh.

[essentialinvestor] 20/1/2016 09:27

Gym, that is exactly why I think (just imv) there is opportunity here.

The RDSB price now allows for BG write downs, just my take only,
may be incorrect in that view.

[gymratt] 20/1/2016 09:26

BP still solid at 330 ish...so my take is that the market are still pricing in the 'deal or no deal' .I'll wait for £12.50 to bring my average down....

[essentialinvestor] 20/1/2016 09:23

Yup best to stay open minded to possibilities, however would never
have seen the oil price at these levels.

[badtime] 20/1/2016 09:21

Count nothing in..count nothing out

[essentialinvestor] 20/1/2016 09:17

A few under £13, if you had said Shell would be available to
buy sub £13 2 years ago ...

Just shows.

[badtime] 20/1/2016 09:17

Z...how. Many times have u posted about SL?....10..20 or more?

[badtime] 20/1/2016 09:15

Added at 1304...time will tell whether it's wise or not EI u r supposed to be on holiday :)

[zyzzyva] 20/1/2016 09:15

just remember this deal is value destructive to shell shareholders AT MUCH HIGHER OIL PRICES according to standard life. they have to be responsible for their investors. clearly the shell BOD have lost the plot.




David Cumming, head of equities at Standard Life Investments, said: “We have concluded that the proposed terms of the acquisition of BG are value destructive for Shell shareholders. This view is based on the downside risks to Shell’s oil price assumptions plus the tax and operational risks surrounding BG’s Brazilian asset base. Consequently we shall vote against the deal.”

[zyzzyva] 20/1/2016 09:11

i guess we wont have to pay helge lund £25m if the deal is called off

[essentialinvestor] 20/1/2016 09:06

LOL.

Using the dip bt, just over 2,000 shares now, slowly slowly catch a ...

May be a cold with markets like this )

[zyzzyva] 20/1/2016 09:06

84stewart
imo we will bounce at least 20% if this crazy deal is called off because its value destruction is already being priced into our shares.

[badtime] 20/1/2016 09:03

EI...I wouldn't bother with Dean...he's been like rash on the Premier thread spouting as much as a certain other poster

[essentialinvestor] 20/1/2016 09:00

A few more at 13.0597, adding in small lots only.

[wipo1] 20/1/2016 08:59

No sign of Montyhedge today lol

[essentialinvestor] 20/1/2016 08:59

dean, and your point is?, that everything gets cheaper ..

Well that may be correct, markets looking ill, sell up and stay out
if you can't live with falling prices or think you can time buying
back in cheaper, or hold and collect the dividend, at least for 2016!.

[deanroberthunt] 20/1/2016 08:51

BEAR MARKET NOW, FTSE 3800-4000

China already confirmed, now Japan....S&P next, then DOW then FTSE

[84stewart] 20/1/2016 08:51

Zzz
If u are that worried about the deal and U are a shell holder sell and go back to sleep report on report would say BG.Came out ahead just wait for Finals ,but that may be too late

[zyzzyva] 20/1/2016 08:39

imo shell is a good place to be, if the BG deal is called off. vote NO