Member Info for char333

Looking at the discussion on here today is there some thing in the news about possible Futher dividend cuts. I will not count the dividend till & if it appears in my account in late September. It's hard to be positive but with the £ down against the ever climbing € the dividend would have been a little bit more. Maybe sods law will strike, as always. I'm unsure as to the details of the discussion, so excuse me if my comments are misinformed. With regards to recruitment. The mourinio one is a gud one. But football is a business like no other. Take the pile of CAC that is Aston villa. Crap club, crap manager, crap board, crap recruitment, crap players. But when they stay in the premiership on Sunday, all the above will be ignored bigtime. Lessons will be learnt & the usaul crap will ensue. But of course nothing will change. And all the above underperforming Muppets will dance with glee & be rewarded for being crap. Good luck to them. That's football. That's the reality of the premiership. Shares are slightly different imo. But if shells fortunes don't improve in 12 months time, then alot of the BOD of shell will certainly be under extreme pressure to turn it around, with many calling for their heads.

It always makes me laugh when people say dyor before buying shares. 2 years ago shell was the biggest company on the footsie. They intended to pay shareholders an additional £21 billion between 2021-2025. Analysts were continually taking up the share as a huge buy. Based on the dividend history the vast majority were certain it would grow even more over the period. So this dyor is a falsehood in the extreme . So whilst shells BOD may not be pleasing shareholders at present. Can anyone tell me , who predicted cv19 & the fallout : furthermore who knew the Russians & Saudi's would start a price war in oil. There is no research that can cover those. So whilst van burden & the BOD talk complete corporate crap over the last 6 months , are they accountable for the share price demise. Ok , shells profits have been in decline for well over a year, but the cost cutting by BOD over the last 18 months was seen has a great piece of foresight.

BPs update is b4 shells again so be very interesting to see if they retain full dividend in light of their similar writedowns to shell . Plus the sentiments going forward..

Watching CNBC this morning & the anchor was alluding to the fact that again 7 big tech stocks were carrying on their rise, yet again. Based he deemed on the fed stimulus package & the likelihood of more stimulus in the event of a second wave. The analtyst said the markets keep rising inspite of huge headwinds & a sell off would normally ensue. But because of stimulus package, they weren't sure of market direction. Shells results won't be good. It's great we've held £12 yet again , as someone predicted ,2 months ago over on the advfn site. Will it rise from here is anyone's guess. Reporting season can be a choppy time generally. I think citigroup decided shell was a sell today. But with the recent write down that's to be expected. Not sure how markets will react to shells update. But it will be interesting to see if BP retain their full dividend in light of recent write downs. The calm before the calm would suit me ATM tbh.

Hi, hope your well. Well I'll readily concede most people on here know considerebly more about oil then myself. But trying to predict the oil prices this time next year is niegh on impossible. Who this time last year could predict cv19 and the madness there within. 2 years back shell gave guidance it intended to pay shareholders £21 billions extra over a four year period. What happened. They have just marked down their projected profits. There's zero chance of the £21 to shareholders now. That's the thing with life, you just never know what's around the corner. But I find most times is isn't good. I agree that I'd take 50$ a barrel though.

I would imagine buying in at these levels would be a very good buy as long as the dividend holds up. Ok it may go lower but you'd expect this to get to £15 over the next few years if your a long term investor.

Hi, hope your well. Well I agree with the £10 scenario, especially if there's a big second wave or results are worst than expected. But £20 within a year , well I think that's fantasy island stuff. I said this won't make £16 this year & won't make £19 in 2021. I don't see how £20 is possible without merger or take over, as I've said many many times. Still no cv19 vaccine, still possible second wave, masses & masses of big paying paying job losses. Still no mass return to work. Still no mass return to airport flights. Goes without saying still no Brexit. With all that in the mix , £20 is just pure folly. Once a dividend is cut by this margin , share prices reflect the reality. Perhaps I'll be totally wrong, but that's just the reality of the situation today & more importantly for the next year or so.

Hi, I use to own shell intermittently about 15 years back & it was a regular occurrence for the rumour of BP & shell to merge. Don't think it was ever more than a rumour. But now with the ongoing oil demise of many companies it could well come to pass that oil companies will see benefits in merging. Think after back crisis where alliance & Leicester , Bradford & bingley, Cheltenham & Gloucester, northern rock etc etc were go bbled up by bigger firms for their assets.

Hi, your in a decent position as it stands , if your just below your average price. Looks like it's falling back below £12. As for full dividend reinstated, I wouldn't hold your breath. I once told Vodafone shareholders it may never get back to £2. Still 70p off that 3 years later. If this is back at £23 in 3 years I'll walk naked on spaghetti junction.

I think any projection on future dividends is somewhat premature. Given what happened last update & projected writedowns this week I will only count dividend when it arrives in September, December , march etc. I wouldn't take any thing for granted.

£15 target price. I'd say that's s a very good guess for as good as it gets for the next 6-9 month period. Other than a oil war middle East/Russia etc etc. A merger with a other oily or takeover. Then £15 is very realistic I the circumstances. If things don't improve many many companies will have rights issues. Just something to be aware of. Going forward.

Hi, hope your well. Well you have more guts than me. I just can't risk another gamble. £15 is not that bad. I'm at £23, so I doubt I'll be in the money anytime soon. I still feel it's going lower before results. Be very interest to see if this gets back over £25 this year.

Hi, hope your well. Yes with the £ lowering its value it will help a little. Buying in at these levels will probably be a decent buy over 2'3 years. But as for people waiting for £18 + it's a long long way off I fear. Shells update is showing the reality of the cv19, oil slump, wars. It isn't pretty.the problem as I see it is people keep saying in 6 months, 9 months etc etc , but when that arrives the situation is worse. Del boys this time next year comes to mind.

$5 billion , sorry.

I see BP have sold one of their units for $5. BPs update will intrigue me hugely next month. Will this be put to dividend usage, I wonder .

The yank media want anyone but trump. Their press are nearly as corrupted as the English press, media. Press report what their told like the spineless lapdogs they are. The only thing I'll believe is the result in November. I wouldn't believe a word on sky or BBC news. Spinless both of them.

I wouldn't pay any attention to those polls. Remember Brexit, Scottish independence, British election, all miles out. People lie to these questions. The press in the main , in USA hate trump. So will do anything to p him off. I recall when trump was elected, his rally's had masses of people attending compared to Clinton. Indeed the polical journo said to be elected trump had to win 2 marjinals. And he wouldn't win them. Florida was 1 I think. A few hours later trump had won those 2 seats by a landslide. Why people believe TV media is beyond me. Nearly back at £13, so I'd be more than happy for it to remain around there for 6 months tbh

There's a few airports back open, but footfall I light. In USA over half a million flying daily. This cv19 clearly isn't a 3 month blip as most thought. RM getting rid 2000 jobs. Masses of job losses & it's still not over. Those people will not have cash surplus to splash. The fallout is only just starting, yet people try to think a few pubs opening will compensate for mega job losses , Britain wide. Reality .

Hi, I agree with with poker chips. The real direction will come with results next month & sentiment coming from the board. But I'll guess lower on both. Oil $32, shell £11 ish. Once I saw motley fools had talked the share up I feared the worst. Them & quester haven't a clue about shares.

I see the curse that is motley fools were talking shell up a few days back. Their take is usually the kiss of death to any share. Jester are another bunch of clowns. Whatever they say, the opposite always happens .