Royal Dutch Shell A Share Chat (RDSA)

https://www.youtube.com/watch?v=HPUBbCpSam0&t=1087s

yet another huge share buyback yesterday.... at some point this will reflect on the SP

you gotta laff.....may be not....

I suspect we will see a rise today now Libya is off line.

Well that was another huge share buy back yesterday....but will it help the SP?

That update did not sound too positive I'm afraid.....

Another large share buy back yesterday at some point these buy backs will have a positive affect on the SP and with a great Divi....Shells shares are much cheaper than BP trading at 9.7 X

Get your bids in early Monday, a sizeable uptick is on its way, good news from Ecuador and a higher crude price through an improved US market. If a sniff of a US/China trade deal were to happen also short term demand would increase driving all prices higher especially after opec cut production.

I think we get some clarification on wether world production will be cut again this week.....this will obviously have a major impact on the SP

It is an even better bargain - just a few weeks later.

In fact , is is a steal at this price

Seems lots of doom and gloom here. Why? This is a fine share to hold and Shell are hugely diversifying https://www.ft.com/content/6176ae5a-3d89-11e8-b7e0-52972418fec4 Please look at the Brokers predictions on this page if you do not want to trust me

Corbyn has proposed a 'windfall tax' on oil companies.
The Government currently takes circa 85% of income in taxes.
Not happy with this Corbyn wants to steal money from the oil companies.
Large companies like Shell are mainly owned by Pension Funds, so any 'tax' is taken from pensioners.
Theft. imho.

10m shares bought in 5 lots for £224.5m at 11:53 this morning. A big player is obviously taking advantage of the current downturn.

We need petrol costs reduced by 50% in the UK to get the economy moving again at a decent pace of business.

The yellow vest protests In France stem from the same problem (the cost of petrol/diesel being too high). The yellow vest protests erupted in November 2018 over fuel price hikes and the high cost of living. The demonstrations spiralled into a broader movement against President Emmanuel Macron and his economic reforms.

The protests have lost strength in recent months, going from tens of thousands of participants to just a few thousand, but the movement’s leaders called for people to turn out on Saturday to mark the first anniversary.

At its peak in late 2018, the movement grew to up to 300,000 people.

https://uk.reuters.com/article/uk-france-protests-anniversary/paris-police-use-tear-gas-water-cannon-on-yellow-vest-protests-anniversary-idUKKBN1XQ0BL

Lets not forget the huge Share buy back programme and the divi.....

I think without doubt a large oil company is a must for a balanced portfolio....since records began apart from a few slight blips usage has gone up YOY and I dont see that changing anytime soon yes we are starting to get a mixture of energy but it is minuscule in comparison to oil.....we cant even get car battery power correct as of yet solar and wind farm will have some impact but tbh it will be negligible for the next decade or so.....oil will continue to be the dominant fuel and will increase of that I am certain.... it also only takes 1 incident to create a black swan situation just look at what happened with the drone attacks and the tanker seizures and these will happen again and again...so for me my choice is Shell regardless of the near term F/C the divi is as good as anyones and the P/E is low so plenty of upside from here yes we will see volatility but take a look in 12 months when you have had the dividends....I bet your capitol outlay is worth more.....GLA

Seems to be about debt management fears in the new results - but the results are ok - an improvement on previous quarter. Oil price down a little too. Many of the sales are small investors - which is odd as dividend cut off date is Nov 4th!!! One would have thought there would be many buys at this time. Perhaps, some are trying to start a buying spree so they can clean up more cheaply. Maybe time to top up?

Report on BBC Business:
Oil giant Royal Dutch Shell reported a 15% drop in third-quarter profit to $4.8bn (£3.7bn) on lower oil and gas prices, but still exceeded forecasts thanks to strong trading.
The result compared with a profit forecast of $3.91bn.
The better than expected results came in the face of oil prices that fell 17% year on year.
"This quarter we continued to deliver strong cash flow and earnings, despite sustained lower oil and gas prices, and chemicals margins," Chief Executive Ben van Beurden said in a statement.

Any idea whats happening here, not seen anything yet today so far...

Not brilliant but better than BP and the P/E is much lower...

Me too. Its on my shopping list.

The other factor to consider here is off course currency conversion rates and the uncertainty leading up to the GE. Looking at the markets today they heavily favour the companies who report in dollars. ( Glaxo, AZN, miners ) Is this a trend at least up until 12 December? Thinking of topping up before the update tomorrow and as someone said below, if not there is a pretty decent divi on offer.

Well its results tomorrow....lets hope they are better than BPs......who knows? personally I think they will be....

Got in earlier at 2318 very happy with that... although it was a bit of a toss up between shell and BP, I needed one oil major to balance my portfolio but the P/E decided it in the end and not todays BP results.....BP are fine and will be.....its just one crappy 1/4 for them they are a well run company and I will look at them again in a few weeks but for now i'll take shell and there divi.....