Member Info for Barrieprov

News of appointment to cards division obviously well received

Wish I’d bought some at 1180 but just sold my small position at 1412 for modest profit and will look to get in again in a bit larger way if they fall back though they might continue up if the Ukraine situation improves- GLA DYOR

I’m missing seeing excellent posts from Boyobach relating SP and OP movement but I’m guessing the SP response is conservative given where we are on OP due to impact which I can’t quantify in terms of Russia divestment.
Anyway looking forward to results and more info on dividend payments this year and I’m holding though tempted to take profit at some point depending on where people think the SP might end up short term? I’d pencilled £22 by Summer which we might best if Russia situation doesn’t cause too much grief

Happy to read comments and GLA DYOR as usual

An 8.5% Putin fall this morning requires some holding of nerve and on balance I think I probably need to sit tight but below £3.00 feels like a long term buying signal
Meanwhile I declare I’ve a position in Shel and doing OK there so might switch some money across

Agree
The idea of a windfall tax is nonsense - the underlying cost of the commodities that Shell trades are influenced by external factors - the government wastes taxpayers money and any levy would just stop oil majors investing in transition to clean energy as trading profits are there not just to pay dividends but control debt and support investment

Yes I was going to sell some at £20 but am mesmerised by prospect of 2200-2400 this year depending on OP especially if latter goes over $100/barrel

I’m not sure how to answer that but it might be useful to look at the maximum number of shares that could be cancelled as a proportion of total 7.65 billion currently in issue and relate to market capitalisation- some what if sums can then be done but from my point of view it increases my fractional ownership of the company and reduces the cost of paying dividends and so price on a yield adjusted basis

Fingers crossed - damn predictive text

Yes me too
I believe in the company so will follow your example and top up - if I’m right the increased holding and lower average price will reward me - h FGH infers Cross they pay a dividend as that’ll help too

Looking forward to results announcement on Thursday
I’ve a feeling dividend will be progressive as cash generated will be strong based on OP - we’ll see GLA DYOR

Still buying on the way down
Think I’m going to end up with 2,500 shares which has a nice relationship to the total number of shares in issue of c 250 million - a thousandth of one percent of the company!
Think I’m eventually going to end up with a millionth of Shell
Anyway good luck all and let’s hope PFG starts paying a dividend based on 30% of earnings - looking forward to FY21 results announcement in April

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

Picked up another 500 at 326 after paying 355 and 361 but down again - in this for long run so hopefully my return will be rewarded in due course GLA

Thanks Ubik_Fresh

Unfortunately can’t do anything about drop today but have just topped up on basis I paid less today than I did on Monday and I’m holding for long term - think somewhere I saw a broker target price of £5.20 / share quoted - that’s not far off the £6.00 historic price I remember from pre covid days so let’s see how it goes

After a long absence and missed opportunities to get in below £2.00 I’m back invested in this share having heavily bought and accrued a 5 figure unrealised gain in an oil major.
I hope this share recaptures some of its historic price level and rewards all of you that stuck with PFG over the past year. GLA

Well Boyobach we’re at the magic $86 / barrel so let’s see if the OP dies ignite and run to $100 / barrel and what that does to SP

1.ARMANI As a patient shareholder I’m delighted to see £18 again generated over relatively short surge
Thanks to Boyobach and Neversellshell22 on this board too for their consistent technically well thought out and supportive analysis

RDSB appears to have come back from 1630 support level charted by Boyobach

I’m looking forward to sensational Q4 results and a good year possibly a “2” handle on SP next year

GLA and all usual caveats apply so DYOR

Thanks Boyobach

As usual a very informative analysis

I’d commented earlier that were I trading this share I’d have offloaded at 18 but I think Q4 results may well spur the price on as expected they’ll be robust if OP holds up

GLA

Yes the bulk of return will be share buybacks I believe but a one off dividend is likely albeit that’ll be discounted as a one off benefit to shareholders - if tge price eased further id probably just use the dividend to buy some additional shares