Member Info for Barrieprov

Hi Everyone

For better or worse I’ve actually BOUGHT admittedly only 50 shares to round up my holding to 1750 making it easier to allocate disposals FIFO for tax purposes

I paid 2422.47 for total including costs of £1,223.30 and an average cost of c £16.50 so I’m c £7.75 in the money overall with a target of anywhere between £10-£12.50 profit per share over next 12 months.

While I’ve been transparent this isn’t a recommendation to buy and as always don’t pay heed to what you read on a BB but DYOR and GLA - I’m sure the price will fall but am hopeful OP will move up off back of increased activity in China

Be interesting to see scope of any dividend growth and share buybacks from here and whether the dollar remains weak v £ as this obviously has an impact on sterling dividend remittances and yield

Interesting that OP moving up and SP going down
Maybe Boyobach can confirm Shel was getting ahead of itself
Also is anyone on this BB also in BP as wondering about diversifying and tucking away small number as SP more manageable with Shel nearing £25 a go?

Wow Topher73 that’s a wedge
I assume you’ve built that holding up over time?
It certainly does provide a good platform from which to trade
My holding is a much more modest 1700 built up post first wave of Covid but I’m averaged after taking profits at £16.26 so have a reasonable degree of unrealised profits
I enjoy this board because I feel the posts suit novice and sophisticated investors equally and unlike the penny shares I follow but don’t necessarily invest in there’s not the hype and buying recommendations/ ramp / de ramping you get on those other sites

DYOR and GLA

OWLS good sentiment

Best of luck to you - I think patience will be rewarded in long run but there’ll be a lot of volatility in the meantime

No not this time and no regret like Boyobach I’ve decided to hold for dividend and will buy more on any dip either SHEL or BP

I’m thinking if China sort Covid OP could rise rapidly and I’d like to get 2500-2550 before selling - maybe premature but we’ll see and meanwhile I hope everyone on this BB gets what they want for the shorter and longer term.

Hi you got your price

Morning Boyobach

For once I’m going to unashamedly own the decision not to sell below 2450 but applaud you our trading instincts and continue to be fascinated by your technical insights which is one of the many reasons I enjoy this BB

Sorry Jim800

You’re quite right I don’t need to beat myself up

I’ve done well with this share so I’m taking on board what you and others have said and am gently accumulating

Thanks Topher73 good advice and I’m considering gently accumulating for dividends too

Nice to see a 2 handle on this share no matter how sparingly

Shell takes $2 bn charge for WFT
Higher than expected gas trading earnings. Shares up

Nice to see SP over £2 no matter how briefly
Still a long way to go

Pardon repetition it’s late and I didn’t proof read before posting - happy new year all

Buying opportunity though I have to confess I’d like to have followed Boyobach’s strategy and sold some to buyback less expensively - economy in right mess with war, Covid, flu and Brexit plus central banks hit their timing wrong on timing and so extent of interest rate hikes to stifle inflation which will stuff the economy instead

3 ordinary buy trades today - approaching year end and price still reasonably cheap at 188p

295,000
705,000
100,000

Topher73
I try to buy the dips but always get my timing wrong so I’m going the other way and adding for long term
Oil might hit $100-110 next year and dividend may hike
If so I think £28 a share isn’t unlikely

Today

175 and dropping

It’ll soon be 150 if there’s no news at which point I might just have to buy some more

bigpunt
Any idea when the company CMD will happen or did I miss it?
Assume earnings update will be late January
I’m eyeing up shares after fed decision BOE today might push them lower and also watching second hand car values for impairment

Thinking about it you're right about the energy sector as Shel my other holding has been very erratic of late