Shell Share Discussion Threads

[grupo] 24/6/2019 08:53

RDSB Berenberg Hold 2,800.00 - Reiterates

[waldron] 24/6/2019 07:07

European stocks set to open lower as Middle East tensions linger
Published 9 min ago
Elliot Smith
@ElliotSmithCNBC




Key Points

U.S. President Donald Trump and Secretary of State Mike Pompeo both said over the weekend that the White House is prepared to negotiate with Iran without preconditions, days after the two nations almost came to blows over the downing of an American surveillance drone.
Trade relations between the U.S. and China will also be in focus once again, after Chinese vice commerce minister Wang Shouwen said Monday that Beijing would like the U.S. to cancel “inappropriate” actions against Chinese technology companies.

European stocks are set to open lower Monday as tensions between the U.S. and Iran continue to stoke fears of a military confrontation in the Middle East.

The FTSE 100 is seen around 16 points lower at 7,392, the DAX is expected to open down around 48 points at 12,294, and the CAC 40 is poised to start the session 5 points down at 5,523, according to IG.

[abbotslynn] 23/6/2019 22:53

Should have bought more

[xxxxxy] 23/6/2019 22:03

Two Events That Will Determine Oil Prices

Two big events over the next two weeks will determine the trajectory for oil prices in the second half of the year. One of those events will take place in Japan, the other in Austria.

U.S. President Donald Trump will meet Chinese President Xi Jingping on the sidelines of the G-20 conference next week in Osaka, Japan. Nothing less than the health of the global economy hangs in the balance.

etc

[waldron] 21/6/2019 17:11

Brent Crude Oil NYMEX 65.12 +1.04%
Gasoline NYMEX 1.81 +2.48%
Natural Gas NYMEX 2.17 +0.28%
(WTI) 57.49 USD +0.03%

FTSE 100
7,407.5 -0.23%
Dow Jones
26,832.71 +0.30%
CAC 40
5,528.33 -0.13%
SBF 120
4,350.73 -0.26%
EuroStoxx 50
3,459.11 -0.36%
DAX Index
12,339.92 -0.13%
Ftse Mib
21,336.02 -0.12%



Eni
14.606 +1.73%


Total
49.115 +0.87%

Engie
13.5 +0.41%

Orange
13.925 -0.36%


Bp
556.2 +1.26%

Vodafone
126.9 -1.12%

Royal Dutch Shell
2,584 +0.45%

Royal Dutch Shell
2,595 +0.37%



Nice to finish the week in the 2575 to 2675p BOX and that divi pay is Monday

Have a great weekend

[florenceorbis] 21/6/2019 10:52

BP and Shell boost FTSE as Middle East tensions escalate
By Vicky McKeever 21 Jun, 2019 at 10:39
BP and Shell boost FTSE as Middle East tensions escalate

Oil majors drove gains on the FTSE 100, as supply disruption concerns boosted the oil price on reports US president Donald Trump approved military strikes against Iran.

The UK blue-chip index climbed 24 points, or 0.3%, to 7,447, with BP (BP) and Shell (RDSb) among the biggest contributors, up 1.6% to 558p and 1.1% to £26.14 respectively.

The oil majors were boosted by a further increase in the price of Brent crude, which rose 0.6% to $64.83 a barrel.

Trump reportedly planned to launch strikes on Iran but then cancelled them. While tension in the region should keep oil prices firmer, Markets.com chief market analyst Neil Wilson said a few days of quiet might see crude retreat as fundamentals look bearish.

‘Oil’s gains are down to fears of escalation in the tensions between the US and Iran, not because global demand is seen rising,’ he said.

‘Fear stalks the markets – the equity melt-up is predicated entirely on central banks juicing the money system. Oil is higher because of conflict fears. This is not a healthy position – it just feels wrong.’

Tullow Oil (TLW) was also up on the news, with the FTSE 250-listed oil business adding 1.5% at 217p.

Nanoco (NANON) was the biggest loser on the London Stock Exchange, plummeting 77% to 8p, after the FTSE Small Cap semiconductor business lost a contract with a key US customer. It is a top 10 position in small cap veteran Gervais Williams’ Miton UK Smaller Companies fund, at 2.4% of the portfolio.

IQE (IQE) was another semiconductor stock hit by big losses, sliding 36% to 46p. The Alternative Investment Market-listed business warned of lower annual revenues due to US restrictions on Chinese technology giant Huawei hurting orders.

Online train and bus ticket seller Trainline (TRNI) made a strong stock market debut, with shares jumping 14% to 400p, valuing the business at around £1.9 billion.

‘It isn’t the cheapest ticket seller in the UK when you take into account fees – the big train companies will sell you a ticket with no fees at all, for example,’ said AJ Bell investment director Russ Mould. ‘However, the convenience factor means a large number of travellers are happy to use Trainline for all their transportation booking.’

Trainline was due to float in 2015 but was bought by private equity firm KKR at the last minute for around £450 million. It then bought French rival Capital Train a year later.

‘Investors should always be slightly careful about former private equity-owned businesses that arrive on the stock market as many of them have suffered from underinvestment and are weighed down by excessive amounts of debt,’ Mould added.

The pound was down to $1.268, as the Tory leadership race was narrowed down to the final two candidates, Boris Johnson and Jeremy Hunt. Johnson remains the favourite, raising fears of a hard Brexit, with the UK crashing out of the EU without a deal on 31 October.

[the grumpy old men] 21/6/2019 08:28

RDSB JP Morgan Cazenove Overweight 2,850.00 - Reiterates
RDSA JP Morgan Cazenove Overweight 2,850.00 - Reiterates

[waldron] 21/6/2019 07:24

European markets seen slightly lower amid escalating US-Iran tensions
Published 15 min ago
Sam Meredith
@smeredith19




Key Points

The FTSE 100 is seen 22 points lower at 7,402, the CAC is expected to open down around 21 points at 5,514, while the DAX is poised to start 63 points lower at 12,292, according to IG.
Market focus is largely attuned to simmering geopolitical tensions between the U.S. and Iran.
The risk of conflict between Washington and Tehran has been rising since the Trump administration’;s decision to withdraw from the 2015 Iran nuclear agreement.

European stocks are set to open slightly lower Friday morning, amid intensifying fears of a military confrontation in the Middle East.

The FTSE 100 is seen 22 points lower at 7,402, the CAC is expected to open down around 21 points at 5,514, while the DAX is poised to start 63 points lower at 12,292, according to IG.

[the grumpy old men] 20/6/2019 19:15

Trump says Iranian downing of US drone may have been unintentional
Published 2 hours agoUpdated 26 min ago
Tucker Higgins
@tuckerhiggins




Key Points

President Trump says Iran may not have intentionally downed an unmanned U.S. surveillance drone.
U.S. officials said earlier that an Iranian missile had shot down an American drone over the Strait of Hormuz. Iran claimed that the drone was above its territory.
The president suggested that the incident may have been unintended and done by someone who was “loose and stupid.” He declined to rule out talks with the country, saying he would see what happens.

[crossing_the_rubicon] 20/6/2019 18:53

"But the rich and privileged don't really care do they?"

Think you'll find many do.

[sogoesit] 20/6/2019 18:48

Well, we know who will pay.
As with the Green Tax the taxpayer will, the rich will pay less and, as usual the poor will become poorer.
But the rich and privileged don't really care do they?

[crossing_the_rubicon] 20/6/2019 18:03

Hershel,

It wont cost £32bn per annum though!!!! It'll be far more.

Look at HS2 and the ballooning cost of that. And that's just for a frigging railway line!

For the environment and what they're suggesting, you can bet it will £100-200bn per annum!!!

As for £32bn per annum being affordable - that's the whole Defence budget, or more than Police budget..If it's £100-200bn per annum, that's vast swathes of money blown that would equal Debt Interest repayment+Defence+Police+Education.

Affordable? Where is all this money coming from?


And if Govt doesn't pay but it's yet another Green tax on consumers bills for their electricity/gas, many are already struggling to pay to heat their homes...

You'll push them further into fuel poverty.

We will have to disagree as many nations are technically bust now.
The national debts are simply unpayable.

A reset is needed.

When it comes, for it will come at some point, you'll realise.....

[herschel k] 20/6/2019 17:48

We'll just have to agree to disagree CtR.

I am not for one second suggesting the National Debt of the UK, or indeed many other developed countries, is remotely acceptable.

I simply don't accept the argument that a commitment to an additional £32bn per annum, of which most won't come from the government, and which represents just 1.4% of the UK GDP (assuming no economic growth at all in the next 31 years), would cause "bankruptcy".

I accept many of the points you make re: the balance sheet.

H

[waldron] 20/6/2019 17:28

Brent Crude Oil NYMEX 64.32 +4.04%
Gasoline NYMEX 1.76 +3.14%
Natural Gas NYMEX 2.17 -4.11%
(WTI) 57.06 USD +4.47%

FTSE 100
7,424.44 +0.28%
Dow Jones
26,693.15 +0.71%
CAC 40
5,535.57 +0.31%
SBF 120
4,362.16 +0.21%
EuroStoxx 50
3,468.08 +0.38%
DAX Index
12,355.39 +0.38%
Ftse Mib
21,383 +0.76%



Eni
14.358 +0.96%

Total
48.69 +0.78%

Engie
13.445 -0.41%

Orange
13.975 -0.18%


Bp
549.3 +1.42%

Vodafone
128.34 +0.90%

Royal Dutch Shell
2,572.5 +1.04%

Royal Dutch Shell
2,585.5 +1.15%

so we have crept in to 2575 to 2675p BOX

[crossing_the_rubicon] 20/6/2019 17:08

Hersehel

Nat Debt (on balance sheet) is already £2 trillion.
That's before the unfunded off balance sheet liabilities such as PFI.
Wont even mention pensions.

Where are we going to get £1trillion (other than taxing the productive further) exactly?

It beggars belief that so many think UK is in a healthy financial position to afford such largesse.

It isn't

And China / Russia / India wont be spending such sums either given at least two of those nations cant afford such!


"so, the climate change plan would equate to 1.4% of UK GDP over the time period in question, without accounting for any economic growth.
hardly going to make the UK "bankrupt" is it......."

If we were starting from a position of balanced budget absent national indebtedness(on and off balance sheet no, you'd be correct)

But we aren't...

When the next downturn comes hope you're ready because it will make the GFC 2008 look easysauce in comparison.

[herschel k] 20/6/2019 16:30

that wasn't really the point I was making though spud - it was the use of the term "bankruptcy" that I was querying.

for the record, UK GDP (even assuming a totally flat economy for the next 31 years) would total somewhere around £70tn

so, the climate change plan would equate to 1.4% of UK GDP over the time period in question, without accounting for any economic growth.

hardly going to make the UK "bankrupt" is it.......

H

[sogoesit] 20/6/2019 16:26

Anyway, economic policy decisions about the future are a bet in a competitive world.
Will western european economies be able to adapt and compete, or outcompete, those with advantage (demographics)?
If not, can they get those with the demographic advantage to play on the terms of their field?
That's the bet.
Led by folks with the demonstrated competence of Theresa May the die is probably loaded!

[herschel k] 20/6/2019 16:19

Crossing_the_Rubicon20 Jun '19 - 15:54 - 6301 of 6301 0 2 0


The expense clearly!
£1 trillion alone for May's UK Climate targets.

Affordable?

Any other nation going to be able to foot a similar bill?

No, and no.

---------------------------------------------------

That cost is spread over the next 31 years, to 2050.

What's total UK GDP going to be in that time, even if we assumed a totally flat economy between 2019 and 2050?

You need to give big numbers like that some context before using words like "bankruptcy"........

[crossing_the_rubicon] 20/6/2019 15:54

"Economic bankruptcy?
Based on what?"

The expense clearly!
£1 trillion alone for May's UK Climate targets.

Affordable?

Any other nation going to be able to foot a similar bill?

No, and no.