Member Info for Barrieprov

Johnnypc I think you recall correctly that the floor price for a new equity raise is the nominal value of the issued share capital which I believe is 5p
I’ve been holding a while too but the pandemic has a long vaccine tail I think

I’m about to put a few more away too Bimmer668 and am dripping amounts in from time to time now up to 1,750 shares but a higher average than you at around £13 having missed the chance (wonderful hindsight) to offload and buy my whole position back for a £3K turn

I think this is one of those shares that’ll suddenly move so timing is never going to be perfect but I like the transparency of RDSB reporting and the route map to higher dividends is clear once they start to pay down debt so I am aiming to get to 2,000 shares and maybe beyond buying on the dips GLA

Down another 6%

I sold on the way down in March and have been looking to buy back

I think COVID and no news until March is negative for the SP but I believe the management is sound

Don’t think I’d buy until it hit £2 which at this rate might be a possibility but DYOR and GLA

Bit fed up of reading self important rants on a BB that’s supposed to be about RDSB so filter applied to all such

Yes just seen 3.57 bid on my screen and it’s been a while since I saw that

That said PFG is falling away past few days so this looks more specific to small cap sub prime lenders

Seeing similar move on NSF not sure if it’s sectoral or specific

Nice ordinary buying trade - few more like this would help SP

Not a big buy nor a huge price but in current circumstances worthy of mention perhaps

Thanks Sharefall
I have heard it said better to buy on the way up than the way down
I’m well invested across the wider markets via my SIPP do RDSB is my guilty pleasure and I’m still minded to add a few until I reach my goal of 2,000 shares with an average around 1350 before taking into account dividends and roughly £600 profit on a few trades - id love to see the share hit £16-£18 which feels achievable on a 12m view for a decent return
I’m fairly risk averse or would’ve bet the ranch at 850 and be happily doubled but hindsight could make millionaires of us all ;-)

And a modest rise in bid

Maybe some PI speculatively topping up ahead of news?

Getting conflicted now

Cant any longer average down but too early to sell significant proportion of holding

Must admit I’d not expected to reach this position by early January

Broker median 12m forecast estimate of 1565 is my best estimate but crazy that it’s only just over £1 above where we are now

Yes I’m glad I didn’t sell any yesterday but it feels we’re getting ahead of ourselves at £14 today doesn’t it

Informative post thanks Neversellshell22 GLA

Me too albeit only by virtue of cumulative dividends and a few small trading profits but it’s a new feeling I’m enjoying getting used to GLA

500,000 output increase from Jan reviewed monthly broadly priced in by market but RDSB pulled back from losses on news so here’s hoping for a steady course through the new year GLA

And....back up today
Crystal ball would be good

Seems if you have the capital reserve buying on the dip rewards the trader as well as patient holder
Nice bounce this morning as Brent and Dow futures rebound GLA I’m a longer term holder as don’t have the capacity to do both but am gently onto 4 figure holding now picking up some as and when I’ve a few quid GLA DYOR

That was a bummer of a UT of 5,672,920 share sale following the price monitoring extension well below previous trade
Still an opportunity to buy the dip I guess

Thomo1968

Shell announv d recently that onvectheir debt fell to $65billion from current $73.5billion it would also return between 20% and 30% of operating cash surplus to shareholders

Admittedly that could include share buybacks but one might expect a significantly greater uplift than 4% pa or else as you observe dividend yield would fall acting as a brake on SP