Member Info for char333

Why, because you can't stomach the truth. it's been number 1 for so long you all know the words. Funny how all the people when this was rising a few weeks ago were saying full dividend will be reinstated or dividend will rise.next month or a special dividend will be paid have suddenly loses their voices.. Totally delusional these people. I know most people can't but please really try , just for once to live in the real world.

Happy dividend day to all. Some dividend is better than none at all. If dividend holds , in 18 months I will have recouped all the money I list on Vodafone. Trouble is my shell shares are way down over double what I listed on Vodafone. Therein lies the problem. Averaging down doesn't work. If I bought in today this would be down to £10 in a flash.

I see good old Greta gumberg is back in the save the planet spotlight. Van the van as had his day. Greta for CEO I say..??

Hi, it's not my philosophy the 2nd wave opinion, but that of an analyst on CNBC. Another said if there were a 2nd wave they would only bring in lockdown measures in that place & not the whole country. I don't agree with the undervalued point as dividend as been cut by 2/3. Someone said if there were a second wave this could hit £9 ish again. If I bought in even at those levels it would plummet more.

Just heard a analyst on CNBC who predicted a second wave & the brown stuff will hit the fan.people in the main are not social distancing. Once that Pratt Cummins went to Durham & the cretin bozo did nothing they lost alot of public support. Police had no where to go . All cv19 fines now waived. People say I'm negative, well this guy took it to a different level. Once a monster escapes the cage it's niegh on impossible to get him back in. Until the schools return & parents return to the schools run :& theyre are a return to work for most & airlines return to a decent capacity over supply is a big concern.. this drip by drip of course if a start, but a big way to go imo.

Yes traffic is increasing a little. Some hours it's frantic, but followed by an hour of no cars. Some evenings I've walked 5 miles & you could have counted the cars on your 2 hands. Untill the airlines can get back to ferrying passengers to holiday destinations there's not going to be masses of fuel used. Apparently Greece as been fairly untouched by cv19 & is indeed a beautiful country to visit. They have reopened their resorts but I think if you went you have to then to be qaurentined back in the UK. Therein lies the problem. Though you could fly back to Ireland then back to UK, but that's extra cost & hassle. Each day that passes the end of cv19 seems ever further away.

Good morning, hope your good. Probably the most difficult question to answer at present as we're now in a rebalance of SP. Someone predicted on the advfn that this wouldn't fall below £12 over a month ago & were spot on. So hopefully £13 is the new fallback price now. Anything can happen in oil. Just look at the last 2 months for example. Barring some madness in the middle East/Russia I think this stable so will continue, maybe slightly down from here. But results at the end of July should be significant in SP direction. Maybe after the results £16/17 may happen, but I've predicted it won't make £16 this year , but would love to be wrong. NYMEX & Brent both over $40.

I think it may fall back a little more over the next week or so. Oil still to have stabilized around $38 -40, so we all would have settled for that a few weeks back. Need to get to results at end of July & see what shape things are. Expect more corporate crap from van burden. At the end of the day some Divi is better than most. After the last 2 months i would have snapped your hand off for £13 at this time. It's about like del boys this time next year. But everyone it comes things have got a little worse.

My guess is shell was a big oil major before acquiring BG group or moving in to other fuels. So it's hard in any walk of life once You've been labelled something. People are very familiar with shell petrol stations . Plus oil is used in more products I would think. I'm sure someone knows more in depth information though. It's beginning to look as if the BG group purchase as not worked out well. Though hindsight is a wonderful thing. I recall Vodafone spending 7 billion on an Indian unit, which is now practically worthless . That's
1 reason why they cut dividend, I believe & the CEO was kicked into touch. Maybe she'll will bin van burden if gas prices stay at these low levels & the BG group purchase will be part of his demise.

I see from the news item on this site global demand for oil will hit a all time low this year. Who knew. Did you know Xmas day is on the 25th of December this year. Who knew.
In the same vain the fed in good old USA said that interest rate would remain at all time lows for some time to come. Who knew.
I held a 1 year ISA in 2005 and got 5% a year interest. Also over 4% interest on my Halifax share dealing account for money held there. Approximately £500 & £4 50 a year. When the banks F'ed up in 2007/8 I said interest rates would plummet and never return to those levels in my lifetime. . All these years later and evidently I'm still correct. With cv19 I think I can safely predict over the next 5 years interest rates will remain at these levels. But of course I must wait for all those educatied , economic god's at the fed to confirm it to some thicko like me. You couldn't make it up. Totally out of touch with reality. Who are these cretins. Why do people hanker on their everyword. Remember during the banking crisis , 1000s were queuing around the block to withdraw savings from northern rock. When questioed by a select committee that cretin and bank of England governor said he & his team had no idea why they were there & for what purpose. Northern rock collamped a little while later. When Branson swooped in & took the assets & let the rest burn. I wouldn't trust these people to a kids piggy bank.

Hi, hope your safe & well. All's I've heard since holding shell over the past 2 years is precisely that. Oil is used for so many industries, not just fuel & will be around for decades. No one disputes this point. But the fundamental point is as you rightly say is the oil prices. Shell or BP cannot make decent profits at current levels & the impact
& huge fallout off cv19. I'm not having a pop at you personally. Shells profits were falling before January for over a year, fact. As you state,, the length of the cv19 mess is yet to be fully realised. Or how long it will take. But in the carnage that will ensue over the next year or so, shell is open to any other macro bad news that may occur. Sorry to sound like the creep van burden the most fake . CEO I've ever heard . People holding & buy at these levels will over time yeild returns. People holding above £18 , be prepared for a 3-5 year period imo. There is no magic wand to wave . The stock market burys is head up it's hole to the current crisis. Many , many people on message boards do likewise. It's human nature to hope for the best. Maybe they bury their head in the sand as their searching for oil. I was amazed, though very happy at the rise to £15, but I just don't get carried away by a weeks good run. Most gains now wiped out. My Reality is this share is now the for the long long long haul ahead. Many companies will not make money this year. So expect some to have rights issues to raise money going forward. . Shell may well be one of these imo. Truth is at £13, things could have been alot worse after the dividend cut.

Yes, when I saw BP news i expected a bigger fall. Dividend must be under big pressure now. But they may borrow again & hope cv19 can be a thing of the past in a year's time. Many , many companies will not make money this year, especially in retail, pubs, leisure. Isn't it black Friday that retail start making money for that year. Well that isn't gonna happen this year. This is the reality to which I keep alluding to. The fallout sn't going away anytime soon imo. As to changing the C E O, I'm not sure. But in all my 25& buying shares van burden talks more corporate crap than any other CEO I've heard. Let's hope for a Xmas rally. Well I'm trying to be positive.

I see BP are now predicting the fallout cost for cv19 of around $17.5 billion. That must be the rough cost of the dividend. So with the madness of the stock market , expect BP to raise Divi. Beware of a looney bearing gifts. They guess oil $55 a barrel. Don't see that in the near future. Usaully at this time of year 1000s of planes feeding many passengers to beautiful holiday destinations. Not this year. So low fuel demand. Brexit talks not going well apparently. Oh what a surprise, not.

If BP has cut 10,000 jobs that's gonna be a big saving going forward. If oil prices stabilize around 40$ then I think they will continue with Divi. If oil retraces back to low levels they've already cut jobs, so the Divi could then follow. Though the company I think blamed cv19 as to why they cut workforce. I've worked in employment. Over 15 years ago, but the fundamentals are the same. The banks , without regulations in 2007 F'ed up bigtime. So what strategy did banks follow. Dividend went overnight. Culled over 200.000 jobs in the sector. Still gambling as before & still committing fraud on the investment banking arms. Of course the interest rates were slashed overnight on all accounts. What did government do. Bring in austerity galore for your average Joe. And Theron lies the way of the way of the world. Nothing changes for those at the top, but it will be you & I who will pay for cv19, by huge job losses, wage cuts, interest rate cuts, Divi cuts etc etc. Again to bring it back to shell, less money for your public to spend on cars , fuel, heating , other gas components . BP have already shown cv19 implications. If cv19 continues to disrupt to these levels , then BP will do what shell did & cut dividend. That my friend is what human being hate, Reality. Most shell holders have had the Divi cut. So in a few days we we have less cash to splash. And for the big economic countries of the world that will be the mantra for a few ye

Thanks for your suggestion. But I've chosen to ignore it. Thats one of the problems in life that ones deemed boring are usually the ones living in the reality. Fed comes out & says fallout from cv19 will be huge & last year's. And markets sell off. Who knew. Why I generally highlight issues on here other than shell issues is all companies , irrespective of sectors is based on profits, period. So huge job losses etc etc , will mean people having less money, meaning less to spend on cars, car journeys etc etc. In the long run shell will feel the fallout of the vast majority of topics to which I note you all. Ignore at your peril.

My 2 Bob for what it's worth is this. Markets not really effected by the cv19 deaths, cases. I think suddenly this false rise in markets has realised just how many job losses are gonna happen. BP, centrica , bombardier. This are big wage payers, with skilled job that have gone. I doubt the markets will stay in the reality for long. No doubt Amazon, apple , Microsoft etc etc will be at all time highs before summer has been. The tech bubble will burst 1 day, mark my words. I still stick to my previous predictions that this won't make £16 this year or £20 by end of 2021. I'd love to be wrong. But my gut feeling is telling me that.

hi, hope your well. if you think this will make £20 any time soon, its not the stars, your on another planet. a bit of reality is kicking in. shell cut divi by 2 thirds. c e o so downbeat at last update. cv 19 still killing alot of people. no vaccine. millions stuck at home, not working. oil price retracing down. i dont get carried away with a few up days, so conversely if it retreats. these are the new levels for shelli mo. it probably a good share to buy short term, get in + out. but the reality is anyone waiting for £18 or over your in for the longhaul. pappalazz was brave to get out. but could be worth is while getting back in at lower levels. if, and i say a mighty big if this gets back to £18 i will seriously think about doing a doing a pappalazz.

It's certainly buy the rumour sell the facts where OPEC news news is concerned ATM.

Looks like the good run as stalled for now. It's odd how the sentiment as changed from analyts in a few days to more bearish oil outlook. At least with the run up we have a buffer from the lows of £9. So that's good. This is a long term play for anyone holding above £18. So many positive & negative conditions in play, but that's the volatile nature of the oil industry. One way or another something will occur to drive oil up or down.

Hi, hope those other shares do well for you. With any share you just never know what's around the corner. But 1 thing I know 100% is you can't buy a share just for the dividend. It don't work. Also the longer you own a share, chances are trouble is not to far away. The worst it gets imo. Best buy, sell, buy sell, etc etc. But it's a gamble no matter what. Many , many, firms are gonna lay so many people off. Millions will be on the dole following cv19. So many shares will suffer because people have alot less money, so supermarkets, banks, telecommunications & hospitality will be hit hard , as people will have to tighten their belts accordingly. I still think the cv19 fallout will be huge, so be interesting to see which sectors fair best.