Shell Share Discussion Threads

[thurstonland] 08/2/2003 00:07

Mid April I think

[eddie max] 08/2/2003 00:03

Does anybody know when it goes ex divi ?

cheers
Max

[eddie max] 07/2/2003 13:56

The day after fools day !

Thanks !!

[jen2000] 07/2/2003 09:10

I bought yesterday too!!

[thurstonland] 07/2/2003 08:57

I'm one of the forlorn few and bought yesterday - So my judgement's probably flawed!

And Lex in the FT isn't overawed with the results I'm afraid.

The forlorn few still trying to make a case for investing in UK oil majors found a new argument on Thursday. Sadly, it was not Royal Dutch/Shell's results. It was the decision to cut UK base rates to 3.75 per cent, putting them a gaping 50 basis points below the yield of Shell, a triple-A rated cash cow.

Shell's 3 per cent annual dividend growth, paid out of $9.2bn of earnings, is indeed an attraction - and US investors reap an impressive 15 per cent gain in dollars. Stock markets, however, do not seem ready to draw a line under the continued sell-off of Shell and BP. That is partly because investors are still digesting the fact that neither company has robust growth prospects. With the spectre of stagnant production hanging over them and ExxonMobil, they resemble far more a sunset industry than the sunflower on BP's logo. Shell's numbers bore out the gloom. For the second year running, it failed to replace all the reserves it pumped. Gas was especially weak, though Shell claims the replenishment will come quickly. Organic production growth was one per cent, and this year they have set another hurdle they should be able to clear with their eyes shut - zero growth. One wonders whether they care, however. The new focus is on returns, with improvement coming from acquisition synergies, cost cutting and streamlining the portfolio. Such a goal is more sensible for Shell than a rebranding as a growth machine. But the only remotely exciting thing is the dividend.

[martip] 06/2/2003 15:51

Here's something froma rival website's FTSE overview

"Oils fell 4.76% to 360.5p despite Shell announcing a 46% increase in earnings. The oil giant suffered from negative broker comments, with Goldman Sachs downgraded it to 'in line’ from ‘outperform217;. The broker said the stock has outperformed its sector peer, BP since July 30 2002 and added that while it remain cheap in absolute terms, it considers both BP and Total among the majors offer more compelling valuation cases.

BP though also lost out, down 3.65% to 383p, although in its case it had probably more to do with the Bank of England’s warning about domestic and global growth over the next two years."

Any thoughts on Shell's price? Good med/long term buy at these levels?

[jgray] 06/2/2003 13:38

So anyone any ideas why the huge price drop?

[johndee] 06/2/2003 00:20

Strong buy.

[johndee] 04/2/2003 23:00

Went up in the US after our close. Should be up over £3.75 tomorow.

[grlz] 03/2/2003 23:33

chutes

NS operations continue at shell (penguin) but some assets could probably be better exploited by lower cost operators. Shell like the other drillers have made good money thanks to Tony Benn and longer-term holders like myself are duly thankful.

[whizkid] 02/2/2003 13:16

Tipped again today in the Sunday Times ahead of results next week - though interesting to note that Sunday Times were tipping as a good each way bet in case of war at about 4.50 last august / september.

Would be nice to see those levels again!

Cheers

Whiz

[astol] 31/1/2003 11:48

Fantastic value at thesee levels.
Just bought in at £3.64
Good each way bet with the War issue ie crude will firm and if it drops post war there should in any case be a relief rally.
Certainly would no have any issue about going long on this stock.

[glennborthwick] 31/1/2003 10:08

i think results are thursday next week

[lepope] 31/1/2003 07:56

People expecting good or bad results today ?

[1madjeff] 30/1/2003 13:18

DT.

Shell don't have that many direct employees. The Halifax are just agents who administer the sharesave scheme. The shares are purchased by Shell when the scheme is first taken up.(every three/five years) The impact if everyone decides to take the money would be negligable.

[8para] 29/1/2003 17:01

I think this is the place to be from now until the start of the War
Looking for a big oil stock rally

[cfor] 29/1/2003 16:47

Anyone have any views on the possible discount to the rest of the sector, and the possibility of an upturn in Oil & Gas?

[grlz] 24/1/2003 14:26

DT

I doubt the sharesave accounts will impact the price of SHEL

[dt. sanchez] 24/1/2003 13:01

The Halifax is writing to Shell staff with the following info: As the Shell sharesave scheme matures now, and the option price was above £4, we (Halifax) advise you to take the cash out of the scheme and leave the shares! That's gonna be a lot of unsold shares hit the market at one time. Is this gonna push the price lower?

J.