Member Info for char333

Good look going forward. There's definitely better dividends about , no doubt. I'm gonna wait see how it pans out, then reconsider if it gets back to £19. Tech stocks are all the rage. Nasdaq back at all times high. So I'd expect a sell off sooner rather than later. Lots of stocks have suffered through cv19. But I guess travel , leisure & hospitality will no doubt have to follow BP & cull many jobs. How it works out well for you. Be very interesting to know how many of us follow suite & bail in the next year.

RBC upgrade price target to £20 from £18. Don't see that, but things are going in the right direction.

I see BP has cut 10,000 jobs because of cv19. Not sure if that is good for the dividend , going forward. But those are what we used to call in the employment industry real jobs. Bad news for those employees. Shell cooks in the same pot, so let's see what occurs . I know she'll have been streamlining for a good while now, but if I worked for shell I expect some culling of staff.

Well looks like my prediction that it won't make £16 this year is under pressure.. I'm not moaning though. Long may the rise continue. Seems the Saudis have played a blinder to feather their own nest to me. Old Putin seems to be conceding defeat. It's madness in the circumstances. No vaccine for cv19. Still many deaths, cases. Still in lockdown, if only in name. Still no Brexit , of course. But shell rising through it all. It doesn't make sense. But I like it. There must be a song in there somewhere.

I think we're getting crossed wires. I mean the share price going down. Too many Americanisms around these days for my liking. Yes, it's gonna take a good while for all the mess to filter through. That's why I'm not getting to carried away with this rise in SP. Though I'm v happy to see it going up. Let's see how Monday goes + 1 day by 1 how it goes. see what the c e o says in July. He was very down beat last time. Seemed very relieved to me that the dividend news was out in the open. Be interesting to see if BP again maintain its Divi..

Well, it's enjoying a good run up recently & the OPEC news , though only 1 month extension, hopefully will be extended by 3 months at next OPEC meeting should give some more momentum. Let's hope the oil prices edge higher or even hold at 40$ a barrel for now. It may enjoy a run up to results at July end. But that will give better insight as to where shell is & how it hopes meanders its way through the mess that is cv19 & beyond. But the recent rise can be better than what anyone could have hope for, given the events since January. No matter what we all hope, think, we can all only take it 1 day at a time. I said about a month ago, any day shell doesn't go down is a blessing. So, so far so good.

Hi, hope your keeping well. I'd say there's no chance of return to 47¢ in 2nd quarter. £20 by Xmas. Well doubt we'll be getting that present this Xmas. But things are now looking better than a month ago. Update at the end of July will give details of how things stand behind the scenes. But the rising oil prices can only help going forward towards 2021.

Great rise today. Let's hope it can continue a while yet. It must be nearly back at same price as results, dividend cut day. Let's not get to carried away though. But a increase in dividend of a few pence would be a good start next update in July. . If only OPEC had been up for such cuts 3 months ago, when Russia & Saudis & a few others spat their dummies out. But that's the violatilty of oil & that's the reality.

I think van burden as already given a "special" dividend . The 2 fingered type to the small shareholders of 16¢. I fear it will be along month of Sundays before a special dividend is declared. Hopefully when cv19 is over we will be given a special dividend of 1p for everytime someone as uttered when cv19 is over. Well it's nice to know it hasn't taken your sense of humour. Gave me a chuckle. Stranger things have happened, but a special dividend would make the board show conclusively they have lost the plot.

If all I post doesn't matter, why on earth are you commenting on it then. As for being negative I say no. I'm a realist. As I've stated on here, yes this is a good buy at these levels. But I guarantee if I bought in on Friday by next Friday the brown stuff will have hit the fan & this phoney let's pretend cv19 isn't happening would soon evaporate. I honestly don't see this getting to £16 this year. If you heard the c e o's comments on results day he made my comments seem positive in the extreme. Van burden was very downbeat in his remarks. So I think he knows more than he was willing to admit. This was £27 nearly over a year ago. But paying 47¢ a share. There's no way it will see those levels with a 16¢ a share. A analyst said it's better to have a strong balance sheet rather than a good dividend that the company as borrowed to pay thus putting more debt on the balance sheet. So let's see how BP compares with shell on that sentiment. Because I know which 1 I'd back. I'm happy people are making good gains on shell at these prices & long may it continue. But as for anyone waiting for £18 & well you'll be waiting a long time for that , I believe
And that's not negative, that's the reality that most people can't stomach. The banks, Sainsbury's, Tesco & Vodafone all have cut dividend over the past years. Take a look at the share price prior to dividend cut & where the share price is today. Miles off the before cut SP. That's not negative, that's the reality. So why is shell gonna buck the trend, because when asked about the future dividend the c e o said this is a RESET. In other words the days of 47¢ are gone. They are facts. 1 certainty is stock markets go up to go down & vice versa. But when the stock market wakes up to the enormity of cv19 , I fear a sell off will ensue. I'll go as far as saying this won't make £20 by the end of 2021. Not unless the dividend is upped markedly. What you have to remember is the fact that shells profits over the last 15 months were in decline. That's facts, not negative. So as I always say, time will prove me right or wrong. But my r predictions record is not to shabby to date, is it.

It makes me laugh that day in & day out the enormity of the cv19 on economies + job losses, yet stock markets ignore the facts & power on up. Yet as soon as the fed, bank of England or Christine lagarde mention any negative sentiment the stock markets craps it's self. How long this mad bubble of pretending the king is fully clothed is ridiculous.

RBC capital analyst, outperform , £20 price target.. I'll predict this doesn't make that target within the year. RBC, I bet they believe in father Christmas & the tooth fairy. I really wonder about these people.

Whisper it quity, but guess what I saw in Brum today. 3, yes 3 traffic jams. Just off the M6. Looks like the worst may be over for now. At 99 p a litre it took me ages to fill my car with fuel. It was like the old days when I 1st drove. It's gonna be hot hot hot this weekend, so many will hit the coasts. The
long roadd to some kind of a recovery as started.

Hi, hope your well. If you read my post you'll see I say stock markets, no one knows. But there is no way this will get any where near £18 over the next year. Only a merger or takeover. It's down at lower levels for some considerable time, as most stocks that cut dividend are. Tesco, Sainsbury's, Vodafone & the banks, go look at their share price before dividend cut. Much higher than now. Yet most analysts will tell you they are doing well. What they mean is there not doing as crap as when the brown stuff hit the fan..BP plummeted after gulf of Mexico disaster & took around 5 years for share price & dividend to return to previous levels. All the above shares are way way below their previous highs & in truth will probably never achieve their previous highs. So if you fancy waiting 3 to 5 years, then maybe this may get back to £20 someday. But this is now in the same boat as the above shares. Drifters. They just drift along. Good for short term, but anyone holding above £16 , good luck.

Hi, hope your ok. I think many will agree with your sentiments entirely. Buying over the last month would certainly been beneficial. Even if as you say it retreats to £9 50 it will still probably be a decent buy over time. But anyone holding over £16 well good luck. Don't hold your breath for a big dividend increase update on update or huge spike in share price. . It makes me chuckle , when masses say DYOR . What research can 1 do for something like cv19.. a analyst, yes don't laugh, said on CNBC today, next year will be great for stock markets. That's odd because 2 years ago the same clown was saying 2019 would be choppy but 2020 would be great. No one knows what's around the corner, no one. Buying shares is a gamble. It's that simple. But with a Divi of 16¢ this ain't going anywhere soon.

Hi, hope your well. The word that jumps out in your post is , PERHAPS. It's right up there with could, might , if, maybe. Many here are just not grasping the reality of the Divi cut. It isn't gonna ride at those levels for many many years imo. A analyst, yes don't laugh, said on CNBC this morning, stock markets are disconnected from the real world, as they are always trying to predict what comes next. Ok fair comment. But when the full impact of the cv19 & for shell the oil glut is seen in the falling profits, then the stock markets & people on here will have to face the reality of the situation. The king as no clothes incomes to mind. 1 day, to which no one can predict stock markets will be at all time highs & the feel good factor will fill the air. News bulletins will be full of stock markets huge rally. But some shares , and this I fear will be 1, will be no where near the S P , previous to Divi cut or oil glut war. That's the reality as I see it. But to many people live in fantasy world . But that's their choice.

Sorry to dispel the myth, but I have no intention of trying to send S P UP OR DOWN.i have zero power there. But what I deal in is the reality. Though few can hack that on here. The most important word in your post is the word, ONCE. This got to approximately £26 50 with dividend of 47¢ last year. So now dividend is slashed SP will mirror that.the dividend will take many years of big growth in profits. So your once will be a mighty long time in coming imo. People buying now may make money as short term profits. But anyone waiting for £18 & way above & restored dividend, well covid will be something your kids tell their kids about by then. A analyst on CNBC said, yes don't laugh, it's better to have a strong balance sheet than a big dividend paid by debt. And the profits will drive the SP up. Yes I agree mildly. But whatever way you look at shell it will always be judge on previous dividend & share price above £20. As I said to Catlin was it, no £19 anytime soon & that other poster who said £20 in 9 months. No chance of either. Be as positive as you wish, but your just in denial. Maybe I'll be proved wrong. But the only way £19 & £20 is achievable in the next year is a takeover or merger. Anything is is just pie in the sky.

While I wish shell had followed suit & borrowed to pay the dividend, reality is they haven't. So that gives shell approximately 5 billion to buy assets, boost the balance sheet. But going forward if things get alot better next year will shell reward the small shareholders. If theny don't improve will they come cap in hand back to the small shareholders. Time will tell.

Hi baz, hope your well. Your right tbh, but I was betting against my judgement . It rarely works. When you've played shares for over 25 years you develop a sixth sense for bad news on the horizon. But I suppose I'm like everyone else & took a punt on , never sell shell, shell have never cut the Divi, shell are cash rich etc etc.

Yes, I agree on many of your points. But to be far to the English public , they observed the lockdown rules much better than I expected give or take a few. But once that Pillock Boris came out with that stay alert cod's wallop they lost the majority of people who took to social media to pass ridicule & were just in their mockery. Who the hell thought up this message & number ridiculous slogan.
As for visiting beauty spots, there's not any in bham, so the parks have to suffice.
I read over on the advfn shell site they have won the Nigerian court case & people think this will fly on Tuesday. Also I read an article saying this is s could till a very good income play. Despite dividend cut. That's where we are now. Everything is marked down, but any little positivity is highlighted. To use a football parlance , it's like a crap football club like Aston villa , who won major trophies 40 years back, yes kids it's true, Google it, but now the club is crap & so poor that their only ambitions is to stay in the premier.
Once dividend is cut share price performs in that same manner.