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The Sunday Times today lists it as 190 in the top 200 companies. Did not know it was a listed company? or is it another **** up by Refinitiv?
I'd the reverse postion about 10yrs back when IIRC a media stock i held did a reverse stock split and suddenly the 10k or so i had it it was being reported as 222k in my portfolio.
the next day eveything went back to normal but i got a laugh outta it
it can be shocking for the uninitiated to see "extinct" next to yer shares.
Steve lol squeaky bum time you must of had a heart attack
Logged into my account today as I’m thinking of slicing a stock tomorrow and was going to see what the value was from last closing. The account is missing friggin loads, must be due to the name change on shell but the money in them is gone.
I know it will be back on Monday but there is still a shock moment when you see your portfolio value missing a lot of money.
https://stockrow.com/symbol/RDS.B/ev
https://finbox.com/NYSE:RDS.B/explorer/total_enterprise_value
What will it change to?
:-)….. Some folks nowadays expect continual promotion….. Broadening and time under the belt seem to mean less to some….
Glad I'm retired. What happened to sideways move.
'Dynamic personnel rotation'....love it!
Shell are quite dynamic in personnel rotation, even at more senior levels. IMO this will have limited noticeable effect overall on Shell, the collective leadership of this line of business and internal strategy will dwarf one or two oppintments\change outs.
Today Friday 28 January 2022 is the last day of trading of the A and B shares, it’ll be weird not to have to type B any more I was just getting used to it :-)
Sorry Thomas Brostrom not Brinton lol it’s Friday afternoon and I’m 2 hours ahead of you
Shell’s head of renewables Elizabeth Brinton has stepped down and Thomas Brinton is taking her place. Is this generally considered to be a good thing for the short and or long term.
Happy,
We obviously have differing views on this. But, you freely admit that you are someone who is very "Happy" with a calculation of Shell's capitalisation that is ERRONEOUS BY $5 BILLION & then fitting this ERROR into your pompous declarations of Shell's EV (And your calculations were based on a rising share price at the time).
At least you have had the decency to withdraw your assessments and "analysis" of Chevron and Exxon, as I have completely withdrawn my apology. This is because when you are pontificating to your appreciative audience the "******-Ometer" starts to smoke as it goes off the scale!
MehMeh, Nat gas futures jumped 72% to $7 btu the highest it has ever been.
This was due to concerns about Putin and a cold weather forecast for the US, also the money makers covering their shorts and waiting to the last minute to do so.
To add, I'm disappointed that your post, which is demonstrably wrong as well being needlessly rude got 5 recommendations. I was going to post more detailed comparisons with Exxon and Chevron, which I also own (the latter I recently purchased). However, I shall not bother now.
Best of luck to you all
Happy
Hi Getafgrip
Thanks for the apology and I've only noticed your post this morning. I've been following the boards sporadically lately.
However, my calculations are not incorrect although one may challenge the operating cashflow multiple applied to create what is a plausible stretch target. Let me address each of your points in turn.
First, the easiest one. You take a dig at my calculation of Shell current market capitalisation saying it is out by "$5m". I haven't checked but please note you are commenting a DAY after my post. RDSB's price and exchange rates are changing second by second, so a different of c.2% of MC is hardly unexpected or out of the ordinary. Also, note I use c.$xx, which explains it is approximate / rounded. So, with respect, your point is pedantic at best.
Second, you keep questioning my calculation of Enterprise Value (EV). I explained to you that what you proposed: Market "Capitalization + outstanding debt and then subtract available cash" is the the SAME as "Capitalisation plus NET debt". I think your point was that net debt includes current assets that are not cash (such as the value of stock which can be more illiquid). You are wrong because most calculations of net debt do NOT include current assets that are not liquid. What matters in this case is Shell's own calculation of net debt. So from the accounts, you can see the breakdown of net debt here (note this is 2020 accounts but the accounting method hasn't changed):
https://reports.shell.com/annual-report/2020/consolidated-financial-statements/notes/14-debt-and-lease-arrangements.php
Shell further breaks down "cash and cash equivalents", which are netted off gross debt to arrive at net debt:
https://reports.shell.com/annual-report/2020/consolidated-financial-statements/notes/13-cash-and-cash-equivalents.php
So to summarise for Shell (and all oil supermajors), Net Debt = Gross Debt less Cash and Cash Equivalents (there are other adjustments such as currency translation differences etc. which would take too long to explain but they are not material).
So, as I stated, there's is nothing wrong with my technical calculations. However I have applied a multiple of x10 to estimated 2022 operating cash flow and one can reasonably challenge whether this multiple is too high (I do not think it is).
I hope you are able to accept that, in this case, the error is yours. As mentioned, I do not have time for a protracted debate but I wish you the very best of luck. Please refer to Shell's accounts and the references cited for more details.
Best
Happy
The calculation methodology is somewhat over stated in my view, please take due consideration of getagrip’s points and take your own view. There are plenty of ‘broker’ views and other data to help us all form an opinion… the stock is solid and a cornerstone of many’s portfolio, but DYOH
NATURAL GAS •4 hours 6.265 +1.988 +46.48%
why is this up so much?
Yes should’ve bought more at 1750 - my average is £13.13 pretty much so I’m in money by c £6 / share on 2,375 position so no complaint - very happy
Happy,
Mark is right. I apologise if I have caused offence - I certainly should have expressed my views on this more sympathetically.
Hi Happy
I hope all is well with you. Thanks for your calculations. Always good to consider your opinion and analysis. You have gone awol on the BP forum. We could do with some rational posts on BP forum to balance the BS. # open invitation.
All looking good moving forward for BP and Shell in 2022.
Have a great evening all.
Mark
Looking at todays performance ya gotta wonder if we'll break £20 tomorrow ?
its £19.43 as i type.
Just cashed in a tranche @1940 - hit my target. Still got 2 more tranches running.
£22 + in 2022 should be easily obtainable even without the elephant in the room Putin, with his little hands wrapped around and slowly turning off the gas tap.
Or the Houthis actually hitting a storage tank or tanker instead of a couple of lorries.