Member Info for Barrieprov

You’re right Petr _

I need to be patient and if anything treat any slippages in SP as buying opportunity though I’m nervous as have relatively large holding v risk profile and would be more comfortable adding to energy sector investment

You’re right bigpunt I’m sticking for just that eventuality
Please excuse the wobble :-)

Hi Boyobach

Looks like we’re reverting to old relationship between two as SP holding up despite massive fall in Brent future

Maybe it’s anticipating a rise on China reopening?

Oh dear looks like SP drifting off on lack of news

Maybe 203 was the exit point this time round with a buyback in 170s

SP gonna fall tomorrow

Yanks have gone totally risk off

Odd behaviour this afternoon SP down 50 when I last looked then down 11 while OP falling

Boyobach might be able to explain but perhaps it’s hope value that OP must eventually tick up as it’s unusual for SP to move in opposite directions.

A week ago it’d have been significantly more

$ has had a sustained bout of weakness

Never mind there’s always next quarter!

Unfortunately the £ has gained significantly v $ do we’re in for quite a lower dividend than I thought which might have moderated the price in relation to oil slightly

Me too topher73 I’d even set a goal of 2450 but felt it was close enough and then got distracted but I can’t complain and like you might go in if price drops below £23 though I’m more of a long term investor these days hoping Shell will gradually raise dividend as opposed to ambitious buy backs

Based on 15% uplift on dividend at current exchange rate with weaker $ and 2350 SP assumption

Hi Jim800

You’re right of course added to which $ has weakened significantly so current dividend will be quite a lot down v where it might’ve been struck

Oil price in sterling terms also not so robust?

Mainly though you’re right of course it’s most likely profit taking as 2450 level would be a good selling point

Hi

Might be reason for fall?

Affects dividend yield and value of oil maybe

GLA

Odd

Share price falls when there’s good news

I guess it’s had a good run

GLA

Thanks Boyobach
That answers my previous query as I’d lost sense of previous SP/OP relationship.

Hi Boyobach

Shell doing much better v OP these days

Suppose dividend hike and debt reduction hit the reset button?

Interesting oil is crashing but SP not so much

Belief is China has to abandon zero Covid policy eventually?

Tantalus is a transition metal Atomic number 73 but also a mythological villain
Did I miss something or is he serious in preaching climate change denial when it’s so obvious the concentration of the green house gases CO2 and methane in the atmosphere has risen steadily since the human race industrialised
As you say not one for an investment platform and even FB might tag it on basis of fact checking
My motive for buying Shell is it is in a better position than government and potentially more willing to transition to net zero though the Tory arbitrary policy of tax and waste potentially jeopardises their investment plans
No need to reply as my reasons are my reasons and time will tell but I’ll be long gone by 2050 as will my shareholding so GLA especially the younger investors who will inherit our legacy

Some decent buys just gone through
Might explain recent penetration of 200 level currently 205
Be nice if it held and moved higher as my losses halved dive recovery started

New high this morning at 205 no matter how short lived

Little volume though

Keep going and look for CMD

What does anyone think about this share in terms of price objective in the next 12m?

The dividend raise will help but I noticed BP has risen more quickly the past couple of days