Shell Share Discussion Threads

[zyzzyva] 20/1/2016 13:03

take a look at the Q3 results, they were horrendous. and average energy price were lower in Q4 so i take todays trading update with a pinch of salt. there is very little information, just the positive stuff. you have to ask why they did not disclose net debt because they would know that for sure. and energy prices continue to slide. have the iranians begun to sell into the market yet?

[zyzzyva] 20/1/2016 13:02

Pixi
the BOD are committed to it. but imo if they walked away, BG shares would crash under its mountain of $10bn debt and falling proofits and cash flows (see BGs Q3 results). shell could then buy the LNG assets directly from BG. they could pick up deepwater assets directly from petrobras if they really wanted them.

[pixi] 20/1/2016 12:50

If it was me, I would either walk away from BG or hammer the price down.

[zyzzyva] 20/1/2016 12:48

if they really want deepwater assets they can pick up billions from petrobras which is now a forced sell

[pixi] 20/1/2016 12:47

nig, I only bought £5K's worth at 1294 - I'm waiting the see what happens when America opens this afternoon.

[zyzzyva] 20/1/2016 12:45

the BOD are really doing their utmost to spin this deal. imo this will end in tears for sure. look at the BG Q3 results. i cannot take their word on the strength of gas, and all the hype. average oil price was $45 in Q4, it has plunged 38% to just $28. this deal is a disaster

[fangorn2] 20/1/2016 12:27

jonwig 19 Jan'16 - 16:26 - 5513 of 5596 0 0

Post edited, it's 12 months -



#3.1 on page 5.

Thanks.Was under impression it was 6months.

Vis Shell/BG voting.I see that two of Shell's main shareholders are voting for.

Aberdeen Asset Management Plc and Invesco Asset Management Ltd., two of Shell’s major shareholders, have said they will support the company’s plan to buy BG even with crude’s collapse"

Be surprised if it didnt go through, despite Standard Life voting "No".

Shell results pretty dire.But expected. Some good news on cost cutting,divi fairly safe as well for next 12-18mths.

[nigthepig] 20/1/2016 12:27

Pixi - you should have waited it's still dropping. Only joking, I hope you managed to buy at a decent price.

[zyzzyva] 20/1/2016 12:26

hope you are having a goodtime there not like the badtime here ;)

[badtime] 20/1/2016 12:23

Sunny here :)

[essentialinvestor] 20/1/2016 12:14

bt, it's raining, pouring atm (

Yes you are right, had really intended to switch off, a tad too much happening,
may make another attempt as lunch soon.

[badtime] 20/1/2016 12:13

Zy...did u use to work for UKIP ...just curious

[zyzzyva] 20/1/2016 12:11

vote NO, there could be a 20% bounce if the BG deal is cancelled.

[pixi] 20/1/2016 12:09

I've bought at 1294.

[badtime] 20/1/2016 12:02

EI....U r supposed to be on holiday not discussing someone's finger in the wind predictions :)

[muffinhead] 20/1/2016 11:55

This caught my eye

USA montary base has been dropping a lot recently



Not sure what has caused this. Wonder if is foreign central banks selling dollar assets to prop up their own currency

There has also been a rush from equities into US treasuries but will it be enough?


QE4 soon by the FED?

[muffinhead] 20/1/2016 11:51

Zyzzyva ...NO

The bid for BG was used to rescue a share in sharp decline to allow fund managers to bail

Shell will drop the bid imo

[essentialinvestor] 20/1/2016 11:50

Trades, these are all long term holdings!, well they are now )
Nice divi though.

Supermarkets, SBRY the sector best imv, complicated by Home now.
MKS back on a watch list, PG may come back to bid imv if these falls continue.

The UK supermarket model enjoyed margins for decades well ahead of the
continent, over expansion, online and the discounters changed all that.

[zyzzyva] 20/1/2016 11:48

will shell shareholders really approve this deal when markets are crashing, when energy prices are crashing and the deal is so obviously value destructive for shell shareholders?

[muffinhead] 20/1/2016 11:43

;)

it ain't over for the supermarkets
you will need a bounce to get out of your loosing trades here

[zyzzyva] 20/1/2016 11:34

the pros know that this is a value destructive deal. that is why BG has been trading at a sizeable discount for months. nevertheless the BOD is determined to push the deal through. afterall it is not their money is it? they would apparently fall on their swords if the deal is called off, so their only rational plan now is the gamble on a miracle bounce in the oil price. idiots. from us shareholders perspective if that happened it would best if our $60bn was invested assets based on current prices - we could buy petrobras' equity three times over with that money.