Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Deal or No Deal. The answer to this Question will determine Shell’s SP next week.
Does it dip below £13 or jump above £14?
Just one jolt today and I may be back in at 1280.
Thats just 50p away.
So my new TPs are
1000 shares @ 1280
1000shares @ 1180
That would give me an average costs of 1100 per share x 3000 shares.
I know its wishful thinking but I just can't help it.
Maybe Brexit talks may collapse or something spooks the market. That would be what it would take for a 10% correction and I'm back in here and HSBC.
Where will the SP be next week.
It's now about 1350.
Will it be 1300 vs 1400.
Could it be 1500 by new year.
I've now moved my TP to 1280 to top up but looking less likely although honestly I'd love to be in at 1180.
Let's see how it all pans out. It I don't get it by year end, then I think it's unlikely that we will see these levels again anytime soon.
Looks like SP could hit 1500 if there is a stimulus deal and Brexit deals by end Dec.
At least I still hv my £1000 shares which would give me a £5000 profit for a half year investment.
But this experience has really been a baptism of fire for me having sold 2/3 of my holdings too early.
Maybe I should revise my TP to buy from 1180 to 1280.
That would give me a 1150 average price for 2000 shares.
Unfortunately, I then may have to wait longer to double it to 2300.
OPEC meeting scheduled to start now. 1pm London time
Well, there was a similar write up. On Bloomberg too.
I'm still holding out for a correction of sorts. In this crazy market anything is possible.
Whilst I don't think we will see the recent lows anytime soon if ever, but I'm ready for a 10% correction in December.
Looks like my 10% SP correction will remain elusive.
OPEC, Allies Near Agreement for Small Production Increase says Wall Street Journal.
Boost of no more than 500,000 barrels a day starting next month would be a compromise between Saudi Arabia and Russia
Looks like it may continue to hover around 1300?
Peter, not enough. Wink
Accumulate, don’t trade. I tried trading and lost a great position of 3000 shares at average price of £10. How I wished I didn’t press the button the day the Pfizer announcement came out. It was barely 2 hours before it.
Now I don’t think I’ll even get a chance to get back in at £11.80. So believe me to don’t trade Shell. It will be £15 next year unless the vaccines don’t work. Then we are all in trouble. Apocalyptic!
Well, I just put in my order for a 1000 share at 1180.
If I get it, my average costs will be £11 for 2000 shares.
I'm quite confident that it will go below 1200 in December.
Looks like I may be able to get back in tmrow at 1180. Fingers crossed
Peter, I know that I'd probably regret not getting back in at current levels next year when the SP hits 15 or even 17. But somehow, I have a feeling that there may be a possibility of it revisiting 11.80 or thereabouts before year end. Got excited today when it went down to 1260 but seems to hv recovered today. I guess I'll just hold on a bit longer. Let's see how the Opec meeting pans out.
I had 2800 shares at an average price of HKD33.40 which is about £3.24 but sold it too soon. Now hoping to get back in if it drops to £3.60 or about HKD38 or thereabouts which is 10% off current levels but that may be unlikely unless there is a year end sell off and some profit taking.
Alot of us who actually were sitting on cash will be kicking our backsides for missing out on recent lows.
Lesson learnt, never try to time the market. And trading in the long run doesn’t get you far.
I made about 12% trading hsbc since June but missed out on the big jump last month.
Well, in that case I’m glad I didn’t sell the remaining 1000 RDSB shares that I still own.
My target price is 1180. Hopefully sometime in December. That's about a 10% discount off present levels.
RDSB is up nearly 50% from its lows last month.
I just am hoping for a correction so I can get back infir the long haul.
Looks like the tensions in the Middle East may keep oil prices up for a while. Opec meeting should also be pretty uneventful.
Trump seems to be determined to go with a bang.
The last thing the world can afford now is a war of sorts.