Shell Share Discussion Threads

[billdaly] 12/1/2004 09:20

1% L2 now ~750k v ~700k

[profitaker] 12/1/2004 09:18

Do you not think money will flow from Shel into BP. ?

[billdaly] 12/1/2004 09:16

Bp have jumped a bit this am, shel is fighting to stay up but sell side is higher

1% L2 ~500k vs ~800k

[psps] 12/1/2004 09:13

it is trying to find a base and then it will rebuild on that solid base

[hatton05] 12/1/2004 09:10

well this is going nowhere fast!...does anybody see any progress being made here or are we on a fools errand holding on to these just to watch it slowly tick down?
opinions appreciated
:@(

[psps] 12/1/2004 08:11

yahooooo,

i mean i shall buy more.
also look at GSK

[billdaly] 12/1/2004 08:08

enoch - I agree, L2 - looks like a fight back is taking place, moving up very slowly.

1% L2 ~330k vs ~290k

[lex1000] 12/1/2004 01:04

IF shorts have there way target price 330p.Lets see what happens to S=370p and whether pushed down 350p.Monday

[atomic dog] 12/1/2004 00:17

What we need is takeover offer for Shell from BG. Unlikely? Yes, but I think it would go down well in the city, they are always suggesting a takeover the other way round. Smaller companies can take over larger, for example Morrison taking over Safeway. It is really a question of which company has the better management. Does anyone really think Shell's management is better than BG's on their current showing? It would have to be an all share offer as I don't think BG has too much spare cash.

[bomfin] 11/1/2004 21:28

Don't wait too long.
Shell on a prospective P.E of about 10 with results due in a few weeks. Oil and nat gas prices high. Shell have 1/3rd of Woodside shares. The Enterprise Oil buy now looks cheap and currently valued only a little over 3 times BG. Hard to believe.

regards bomfin

[ad1967mc] 11/1/2004 21:12

The key factor will be institutional reaction. There are a lot of investment managers who are very unhappy with Shell and inparticular Watts. If they continue to sell this is going down further. Wait and see seems the best short-term strategy.

Regards,
AD

[yahoooo] 11/1/2004 20:45

but you've already bought, or at least that what you said

[psps] 11/1/2004 20:40

FTSE is bound to drop as the US markets closed lower and its sure to take SHELL lower.

the lower it is
the better it is
to buy that is

[bomfin] 11/1/2004 17:53

Hectorp,
Sounds to me like you sold Friday whereas I was a buyer on Friday.:-)

[charles7] 11/1/2004 17:07

billdaly

Topped up Friday, but agree further opportunities my arise.

;-)

[billdaly] 11/1/2004 17:02

I'll have the order book on my screen first thing in case there is a mini rally before the bears come out of their caves and the fight begins proper, if it goes the other way first thing then I shall wait until later in the week or until Watts falls on his sword to get my profit.

[alphorn] 11/1/2004 16:24

Hector - agree, there does not seem to be a bearish poster in sight. I am long Shell but see plenty more downside before a rebound. I hope that I am wrong.

[hectorp] 11/1/2004 16:18

Intersting so many fairly sanguine or bullish posters - no doubt holding the stock. I closed out a few days ago, so I can come back in lower but as yet I'm not convinced, hedge Funds, MM's know what I mean, wink, nod.
Wait a few days IMO, might miss the smart money but will miss any silly situations.

[erdmanski] 11/1/2004 13:15

careful,

Couldn't agree with you more, looking to acquire positions above 360p and closely watching the price action beginning of this week.

[maxidi] 11/1/2004 12:47

Minus 43 degrees in Kapuskasing Ontario yesterday!!! Got an Email this morning with photo's from my frozen cousin.... LOL.
Lucky to be in the U.K. when you see stuff like that.

[careful] 11/1/2004 11:34

Proven reserves down from about 19 billion barrels to about 15 billion.
Full production about 4 million barrels per day for shell.

That is equivalent to more than ten years full production and some of the unproven total will come good, and they are always finding the stuff.

The fact that the CEO ignores the city is another big plus.Too busy running the business no doubt.

I will buy on further weakness-a golden opportunity. 232 million shares traded on friday. The hedge funds are presenting you with a belated Xmas present. Don't be blind or gullible -fill 'ya boots.

[enochthenocker] 11/1/2004 10:02

The Sunday broadsheets have lots of coverage but are quite kind to the company itself instead they're attacking Sir Phill. Most scribes and quoted analysts seems to want his head.