Shell Share Discussion Threads

[rogash] 11/6/2019 10:37

Anybody know yet what the dividend is in sterling?

[waldron] 11/6/2019 07:00

European stocks set to open mixed after US renews China tariff threat
Published 11 min ago
Elliot Smith
@ElliotSmithCNBC




Key Points

Trump is set to meet with Xi at the G-20 summit, which is scheduled for June 28-29 in Osaka, Japan. The leaders of 19 nations and the European Union are expected to attend, as trade tensions approach boiling point worldwide.
The race to replace U.K. Prime Minister Theresa May has begun, with ten candidates in the running for the vacated Conservative Party leadership position.

European stocks were set for a mixed open Tuesday after U.S. President Donald Trump told CNBC that immediate tariffs would be imposed on a further $300 billion of Chinese goods if President Xi does not attend this month’s G-20 meeting.

The FTSE 100 was seen around 19 points higher at 7,386 and the DAX looked set to climb 76 points to 12,121. The CAC 40 was expected to edge around 5 points lower to 5,377.

[waldron] 11/6/2019 06:39

Shares in China jump despite Trump’s tariff threat
Published 6 hours agoUpdated an hour ago
Eustance Huang
@EustanceHuang




Key Points

Shares in Asia Pacific traded higher on Tuesday afternoon.
Overnight on Wall Street, stocks advanced as investors cheered the agreement struck between the U.S. and Mexico to avoid tariffs being implemented.
Meanwhile, on the U.S.-China trade front, U.S. President Donald Trump indicated that more tariffs on Chinese goods will kick into place should Chinese President Xi Jinping fail to attend the upcoming G-20 meeting.

Stocks in Asia Pacific rose on Tuesday afternoon following overnight comments from U.S. President Donald Trump on his country’s trade war with China.

Shares in mainland China jumped by the afternoon, with the Shanghai composite rising 1.87% and the Shenzhen composite also gaining 2.821%. The Shenzhen component was up 2.91%.

Over in Hong Kong, the Hang Seng index added 0.76%.

Elsewhere, Japan’s Nikkei 225 traded up by 0.27% in the afternoon and the Topix index added 0.4%. South Korea’s Kospi traded 0.3% higher as shares of LG Electronics soared more than 5%.

Over in Australia, shares traded higher after returning from a holiday. The ASX 200 advanced 1.24% as most sectors saw gains.

[waldron] 10/6/2019 19:32

31 Dec '18 - 13:36 - 1433 of 1453 Edit
0 4 0
RDSB WISHFUL THINKING PERHAPS FOR THE LONG LONG TERM


waldron
16 Aug '18 - 14:34 - 3451 of 3480 Edit
0 4 0
Should be fun to chalk it up BOX BY BOX


2175 to 2275p

2275 to 2375p
2375 to 2475p
2475 to 2575p$$$$$$$$$$WE ARE HERE TODAY$$$$$$$$$$$$$$$$$$$
2575 to 2675p
2675 to 2775p
2775 to 2875p$$$$$$$$$$WE WERE HERE $$$$$$$$$$$$$$$$$$$
2875 to 2975p
2975 to 3075p xmas 2019
3075 to 3175p
3175 to 3275p
3275 to 3375p
3375 to 3475p xmas 2020
3475 to 3575p

A SLOW snail like CRAWL TO FJGOOONERS DREAM TARGET PRICE OF 3400p which may well be changed if convincingly surpassed before CHRISTMAS 2020


31st december 2018 WE HAD HOPED TO END THE YEAR IN THE 2675 to 2775p BOX
but alas we have to accept putting up with 2340p in the 2275 to 2375p BOX

FEBRUARY MONTH END GIVES US 2364.5p and thus we find ourselves again for awhile in the 2275 to 2375p BOX

MARCH ENDETH AT 2428p snug in the 2375 to 2475p BOX


APRIL ENDS AT 2464.5p but STILL in the 2375 to 2475p BOX

MAY ENDS AT 2473.50 DUE TO SLIPING BACK INTO THE 2375 to 2475p BOX during the last session




sp 10th June 2550p nearing top of 2475 to 2575p BOX


Came across some forecasted targets
2958p within next 3 months
A longer term more optimistic target was forecasted at 3545p

[waldron] 10/6/2019 17:07

Brent Crude Oil NYMEX 62.63 -1.04%
Gasoline NYMEX 1.71 -0.36%
Natural Gas NYMEX 2.35 +0.69%
(WTI) 53.82 USD -1.08%

FTSE 100
7,375.54 +0.59%
Dow Jones
26,170.08 +0.72%
CAC 40
5,382.5 +0.34%
SBF 120
4,251.21 +0.36%
EuroStoxx 50
3,385.9 +0.26%
DAX Index
12,045.38 +0.77%
Ftse Mib
20,476.2 +0.57%


Eni
14 +0.29%


Total
48.25 +0.95%

Engie
13.1 -0.87%

Orange
13.765 +0.29%

Bp
555.5 +0.67%

Vodafone
130.4 +0.38%

Royal Dutch Shell
2,541.5 +0.73%

Royal Dutch Shell
2,550 +0.77%

[fjgooner] 10/6/2019 10:47

RDSA 10 Jun 19 - Barclays Capital - Overweight - Price Target 3,250.00

[waldron] 10/6/2019 07:26

European stocks set for higher open as trade tensions ease
Published 24 min ago
Elliot Smith
@ElliotSmithCNBC




Key Points

Trump pulled back from kickstarting another trade war last week, saying in a Twitter post Sunday that he has “full confidence” that Mexico will crack down on migration from Central America, after the two neighbors reached a consensus.
U.S. Treasury Secretary Steven Mnuchin, a lead negotiator in trade talks with China, told CNBC on Sunday that Trump will decide whether to implement more tariffs on China after meeting with Chinese President XI Jinping later in June.

European markets are set to open higher Monday after U.S. President Donald Trump announced that proposed tariffs on Mexican imports would be suspended indefinitely.

The FTSE 100 is seen around 33 points higher at 7,365, while the DAX is expected to open up around 69 points at 12,114 and the CAC 40 is projected to climb around 18 points to 5,382.

[grupo] 10/6/2019 06:11

THE AGE

The oil market is quickly turning very ugly
By Javier Blas
June 10, 2019 — 10.22am



Oil bulls thought 2020 would be their year.

After half a decade of lower spending on new projects, oil production growth was supposed to slow to a trickle just as demand was supercharged by a once-in-a-generation shake up in the shipping fuel market. Many market commentators predicted that if $US100 a barrel-oil was going to make a come back, it would happen in 2020.
Oil faces a surplus problem.

Oil faces a surplus problem. Credit:AP

Excitement is fading fast. The first official assessment of 2020 comes from the International Energy Agency on Friday, but a first look at forecasts from consultants and traders for supply and demand balances show persistent surpluses, not the deficit that was expected to underpin rising prices.

The culprits: rising shale production, a slowing global economy and the prospect of a deepening trade war.


'The balances for 2020 were already worrisome, and the downgrade in demand we are contemplating put them potentially in the ugly category,' said Roger Diwan, an OPEC watcher at consultant IHS Markit.


Consultants and oil traders have already taken a first stab, and their supply and demand results show, at best, a balanced market. Many forecast supply will exceed consumption, perhaps by a large margin.

The oil market, showing characteristics typical of an equity market, is already starting to reflect the potential for a surplus in 2020. Despite a tight physical market due to Russia's pipeline contamination crisis and US sanctions on Iran and Venezuela, oil prices briefly dipped below $US60 last week, down more than 20 per cent from a high above $US75 in late April.

'The market is asking why it should bother going long for just three months when the future looks bleak,' said Amrita Sen, chief oil analyst at Energy Aspects Ltd.

The bearish outlook for next year is a problem for the OPEC+ alliance led by Saudi Arabia and Russia. If the 2020 forecast proves correct, the group may be forced to keep in place its output cut far longer than originally anticipated to prevent a surge in global oil inventories.


The OPEC+ alliance is set to meet in the next few weeks in Vienna to discuss its production policy for the second half of 2019.

The bulls weren't completely wrong in their analysis for next year: the shipping fuel changes, known as IMO 2020, are all but certain to boost demand for diesel, perhaps pushing that particular corner of the petroleum market into a deficit. However, supply growth, fueled by a resilient US shale industry, continues to surprise to the upside.

Oil heading towards bear market as recession warnings spread

'The dynamic of the market has changed because of shale,' Ben van Beurden, the boss of Royal Dutch Shell, said in a panel at the St. Petersburg International Economic Forum last week.

What neither bulls nor bears could anticipate is US President Donald Trump and his erratic policies, throwing wrench after wrench into the gears of the global economy. Earlier this month, the International Monetary Fund cut its forecast for economic growth in China - the engine of demand for commodities - to 6 per cent next year, the lowest since 1990 and less than half the peak of 14.2 per cent in 2007.

'There is growing evidence of a sharper-than-expected slowdown in demand,' said Martijn Rats, oil analyst at Morgan Stanley in London. Across the world's top oil consumers, year-on-year consumption growth came to a halt in March. April demand figures, still preliminary, also show little increase.

The first tentative glances into 2020 by oil consultants are nearly unanimous about the prospect of oversupply - a view shared in private by major commodity trading houses. The surpluses are all the more remarkable because none is predicting a recovery in Iranian and Venezuelan output. Over the last year, the combined output of the two troubled OPEC producers has dropped roughly 2.2 million barrels a day - equal to what Germany consumes.
China's slowing economy is another major concern for oil producers.

China's slowing economy is another major concern for oil producers. Credit:ANDY WONG

S&P Global Platts, the owner of what was previously named PIRA Energy consultants, put the surplus next year at around 400,000 barrels a day in a report to clients in May. The Energy Information Administration, the statistical arm of the US Department of Energy, sees a 100,000 barrel-a-day excess. And Energy Aspects, another influential consultant popular with hedge funds and big trading houses, sees a 'large' stock-build of 500,000 barrels a day. IHS Markit expects a total surplus of 800,000 barrels a day next year.

The surpluses, however, mask notable differences within the petroleum market, with most consultants anticipating a larger overhang in refined products than in crude.

Although the Paris-based IEA hasn't yet published its first detailed look into 2020, it offered some glimpses of its thinking earlier this year when it published a 5-year outlook from 2019 to 2024. In that report, it forecast oil demand next year at 102 million barrels a day, and production from non-OPEC countries plus condensates from OPEC at 71.9 million barrels. That, effectively, will leave a gap for OPEC crude to fill of just 30.1 million barrels, close to the cartel's current production.

Since the publication of the report, the IEA has raised its non-OPEC supply view for 2019, and lowered its demand forecast, suggesting that if the cartel keeps pumping at current levels, production will exceed demand in 2020.

Bloomberg

[waldron] 10/6/2019 05:36

Chinese markets rise after release of higher-than-expected May trade surplus
Published 5 hours agoUpdated Moments Ago
Eustance Huang
@EustanceHuang




Key Points

Shares in Asia traded higher in the afternoon.
Trump announced last Friday that the U.S. and Mexico reached a deal to avoid the implementation of tariffs, originally set to kick in on Monday.
Autos in Japan and South Korea jumped on the news that Trump had withdrawn his tariff threat on Mexican goods.
Meanwhile, a drastic slowdown for U.S. jobs creation in May increased the odds that the country would go on an easier monetary policy.

[la forge] 09/6/2019 10:42

DIVIDEND
Pounds sterling and euro equivalents announcement date June 11, 2019
Payment date June 24, 2019




August 1, 2019 Second quarter 2019 results and second quarter 2019 interim dividend announcement

[tornado12] 09/6/2019 10:35

If Q2 results can again follow the excellent trend of Q1 I’m
Sure the share price will continue to grow. The expectation for divi growth is prudent and I’m happy with strategy of CEO. Shell are a big part of my portfolio and will continue to add for many years to come. Looking forward to next OP update

[the grumpy old men] 09/6/2019 09:09

Some apparently do not love SHELL




AMAZED THAT THE OWNERS OF THE LINK ARE ALLOWED TO CONTINUE

[fjgooner] 08/6/2019 13:31

It seems to be great news all round right now - Brent prices strongly rising from what now appears to be a base, Prelude loading its first cargo, OPEC signalling the deal extension and now news that the US-Mexico tariffs have been called off.

It was the latter of these that caused global markets to take a step back a week ago, so presumably we should see a good bounce back on Monday.

And we have a CEO that is bending over backwards to show the markets that Shell is a world class investment case for today and the decade ahead.

Very happy days indeed and my drink is chilled and waiting for me down at the harbour side.

Have a great weekend all.




US-Mexico talks: Agreement to avoid tariffs reached, says Trump