The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
RBC price target of £25. christmas will be on the same day as boxing day from now on. who are these people. friends of peppa pig .
hi, things do move very quickly , up or down, but again were back below the £16 mark. some del boys on here were talking £30 in 2022 just the other week , but their deluded. id take over £20 for 2022 right now. again cv19 has raised its ugly head , so a lockdown after all the worlds holidays looks likely in January imo. xmas + new year rally dont look likely atm. people on bloomberg + cnbc were saying cv19 would be over by may 2021 + things would be in full swing. i dontthink anyone really knows, but the reality is its not over for the duration. alot of people are sitting on similar losses to you , but with very good oil + gas prices it must count for something, but when, thats the difficult bit. im gonna buy when i think its bottomed , but below £15 could be on the horizon. hopefully your other investments do well in the meantime. new year new hope . well time will telll. good luck.
Prussell: 2k shares at say 2275? , so you are approximately £6.50 down per share or £13k? It was, of course, double that loss at one point - so things are getting better. Also the divi is worth nearly £1400 per year - so around £4k has been earned. You’re then about £9k down on that basis. Even if the dividend remains at current levels it should nearly halve that gap over another three years, whilst the sp will hopefully rise too. Trading is then the only way to make further improvements and, if you are convinced that 1600 does not represent the top, then trading a proportion of your 2000 - say 25% in two tranches of 250 could represent a good strategy - as two tranches allow a second bite of the cherry if the first trade misses the mark. Given the comments in this thread and this morning’s move, the consensus seems to be that RDS may be heading lower currently (so it may not be the best time to buy) and it is also below recent highs (so not the best time to sell either). The next opportunity might therefore be to add. I’m currently waiting to reacquire a tranche of shares I sold at about 1690 and will aim to make at least £1 per share but will settle for less if the trend convincingly turns against me. Four RDSb trades per year worth £1 per share should not be too demanding and relatively low risk IMV - but it's not for everyone and it carries risk. As always, DYOR.
Motorhome sounds good and you can take the grandkids on holiday in it, much more fun than boring shares!
Have thought of gifting the shares to my 2 grandkids, I dont see £23 for 2-4 years so hopefully my other investments have made this up over the time period. As I hold only 2k shares, and the kids are 2 and 4, it could be a nice nest egg for them for when the reach 21. That said, recouping my outlay and spending on a motorhome etc also sounds nice!!
prussell, as some people on here have suggested the SP could well go over £20 and get back towards your average....and dividends may increase further given the huge profits Shell must currently be making. The dilemma for you may come when/if the SP gets back to your breakeven point, do you sell to invest in something else or hold.
Interesting views from both sides of the hold / sell fence. As a buyer in early 2019 with some of my pension pot at averages of £22-£23.50 range based on comments such as never sell Shell / best divdend payer etc you can imagine how bruised i felt when sub £9 was hit. I have patiently awaited a return and can see that Shel is looking to future-proof its business in new energy products and markets, but again its been a long, hard, bruising slog to even get back to £16.50 average. For th0ose who have the luxury of departing with some profit and some dividends, well done, but spare a thought for many like myself who simply cannot dispose of Shell at these levels as the loss to investment funds would be substantlial. Maybe I should have sold and repurchased on the previous highs / lows and traded my way out of my current paper loss, but that would need a degree of crystal ball gazing and could have gone even worse and compounded my losses. Does anyone have words of comfort for investors such as myself, when does anyone see a return to £22-£24 range anbd if so when??? If not, any suggestions on a course of action as I am stumped!!
RDSb appears to be four days into the ‘sell’ half of a trading cycle already:
https://invst.ly/wvpqp
So interest will naturally be turning to where the bottom might be. O&G Supply remains much tighter than it was back in early 2020, when covid first struck and there was a glut of oil in inventories. I very much doubt that the market will sink to levels seen then.
I'm in BP but often read this board as find it a more level headed insightful bunch of posters.
O think you are right. Give. Markets at near a time highs and there is and list of strategic risks you listed there one or more of which are bound to hit
I'll sell a good chunk tomoz
For RDSB to 'bounce back quick' it would first have to fall from current levels.
I would rather take profits now and buy back when I feel the bottom has been reached.
To watch my hard earned profits dwindle into losses is not my idea of a merry Christmas.
Oil and gas reserves are so low, I can't see any world event having a true impact on the SP. It's going to bounce back quick and continue its march to £20.
Gary59,
I get where you are coming from, but sometimes cash just sat there is as good as it gets.
FTSE100 is now 7250, in March 2020 it was below 4900 and I recall the FTSE100 touching under 3500 during the credit crunch.
If and when the ar$e falls out of the market it is always brutal, I could be missing g out on further gains but this feels like a time to hunker down for a while.
Good luck
No??M's - Similar to me in that I've sold 50% of my oil holdings & 100% of my service sector this morning.
I dislike having money just sat there uninvested but I've realised some good profits, some excellent divi's are to come in the next few days & I will probably re-invest into funds rather than individuals.
If I only had some patience I'd be a better investor, ha!
I have decided to take profits and return my RDSB investment to cash.
Omicron
US/China
Ukraine/Russia
Markets looking 'toppy'
Chinese property bubble.
Too many unknowns for me at present, any one of the above could topple the markets.
Will look again when things settle.
The green lobby have a place and quite rightly have a seat at the table, but oh my, is it ever a bind to hear folks harp on about not being quick enough, not picking the right transitional plan, not dropping ABC in favour of XYZ…. I hear a lot of not this, or not that, but very little constructive encouragement. Shell is one of the more collaborative players IMO, it doesn’t always work in their favour.
The Lobby community can be part of the solution, but come willing to discuss and with a good dose of realism .
"In 1989, Shell redesigned a $3-billion North Sea natural gas platform in the North Sea, raising its height one to two meters, to accommodate an anticipated sea level rise due to global warming"[Wikipedia]
So Shell have been leading the way on global warming since 1989....the transition started a long time ago. Go Shell!!
call it what we will (royal british shell or simply shell plc) but it is one of the cheapest oil companies out there at 4x EBITDA and 7x earnings with activist pressure to spin out the petrol stations or unlock value with other manoeuvres after simplifying the structure.
" Re: green washing: A risky game when there' s lots of scrutiny."
=============================================================
I'm not sure it is necessarily'risky'.....what would be the risks by their dragging their feet (apart from missing investment opportunities as early adopters). The O&G management might not even think it is 'green washing' but the perception by the green lobby might be they aren't moving with sufficient pace or with enough backing from senior management. I suppose it would be like the fire brigade turning up to your burning house with a single red fire extinguisher...at least they turned up, but perhaps they aren't really taking it seriuously. It could be a matter of priority, some see it as No.1 on the 'To Do' list, others see it further down the list...I think we can all hopefully agree that it should be on the list somewhere!! (which is progress from only a few years ago).
Boyo i’m sure i’m not the only one when I say your contribution here is greatly appreciated, so please get some rest otherwise you’ll be too tired for anything and your mind clouded as well. You wouldn’t want a restless crowd online do you :-)
BE - Re: green washing: A risky game when there' s lots of scrutiny.
caipi - Re late posts: I just have a random sleep & reading pattern, can't even blame insomnia.
Mines plastic im afraid, made from a bit of the good old black stuff.
More eco and Greta friendly than chopping a real live replacement down annually.
If you've got a spare Christmas tree they need one for Trafalgar square....the one from Norway this year is a bit shabby. Are they trying to tell us something!!
A free tree bonanza in Wales apparently...I'm not sure if that is enough incentive to move there!!
i think your right with both the "going and growing" lol
Somebody needs to make up for the five million xmas trees being cutdown this month. All those carbon eating trees need replacements - doing my bit.
Conkers are far more diverse than some manky imported spruce.
Comeon man, get your spade out, the world needs your contributions :)
"Got them conkers in the ground yet BE? "
==================================================
One of the joys of my childhood.....chucking big lumps of wood up into conker trees to knock off the spikey conkers. Every throw was gonna deliver a world breaking specimen...they hardly ever did. Kept us fit.
Unfortunately I expect kids & parent would get arrested nowadays for doing the same!!
Also aesculus hippocastanum are looking a bit sad over recent years with bleeding canker....another sign of things to come 'perhaps'. Not much point planting millions of indigenous trees if they succomb to disease or drought!!
I'm growing (or is that going?!) coconuts!!
Got them conkers in the ground yet BE?
Plenty on the ground to gather, just need a 3 month spell in the cold ground to germinate.
Potted another 70 myself last week, easy peasy to do your bit.