Member Info for char333

Well fair play for that . You certainly surprised me with your views. Impressed indeed. Thatcher brought nothing but hate & annexed the country . I to signed on in the 80s. It took your self respect away signing on. But to be balanced they sign you & let you go. Now they sanction you for the meerest thing. That's why major towns are full of beggars. And many women are forced to prostitute themselves. That's when the underclass began under Thatcher. Exclude people & give them no hope & they have nothing to lose. And that's the most dangerous person there is .there's a class now that goes way below underclass & that's that hers legacy. Sod everyone else & pull the role up.by the way I worked in the employment services for 7 years so I know both side of the coin.back to shell, let's hope for a better week next week.

I had occasion to travel from n bham to w bham on Tuesday. Traffic heavy both ways. Yesterday walked past the m6 , M5 interchange , n of bham. Like a steady Sunday. Many , many huge tucks on both. Ok the m6 is usually a carpark, but it's a start.
As for people being terrified to go back to work. Well you reap what you so. English governments have knocked the crap out of your average . So no wonder they take from the government. Who caused the banking crisis. The banks . Who did the Tory government make pay for it. The average guy in the streets. So who's gonna pay back the billions the Tories are now propping up the economy. Yes, your average guy in the streets. 15 years back interest rates at 5% plus. Now , nearly negative, so people forced to gamble on stocks. We live in a nanny state because English governments made people that way. Would you believe a word the Tories say about safety at work. No chance. They've covered up hugely the care homes deaths that they caused, by turfing o a p's out if hospital into care homes. People today can see through their crap. As the teachers are proving. Remember Dave's classic, yes him who got the boot because he gave the electrical vote for Brexit + loses. Were all in this together. The Tories won't suffer. But God help your average Joe.

I don't think anyone can predict where shell is heading the near term imo. I think it's human nature to be as postive as the market can be with CV 19. I think alot of people follow suite on here, by just staying positive. I call it burying your head up your hole. Sooner or later cv19 impact is gonna come to the fore. And will show on many balance sheets for the next 6 months at least. Ok , a handful have little exposure , IE, supermarkets, telecommunications, drug companies. But most will have to show that the brown stuff as hit the fan. Retail, leisure and oil are some who will be out of pocket for sure. My guess is there won't be any £15 anytime soon. Of course oil is very violatile, so anything could kick the oil prices up sharpley. But we don't get that luck. So this phoney , let's put a brave face on things is the normal for NOW. Which companies will be 1st to spill the beans.

Thays the stock markets for you. Make no sense. Best give up trying to figure it out. This just looks like a get in & get out stock ATM. When it as new direction up or down, , no one knows. I can't understand why it hasn't falling much since dividend slashed, but thats what as happened. What little I do know is stock markets run on for no apparent reason. Then for no reason , they go down. Or out the blue they use cv19 to sell off bigtime. Bit like the tide.

Oh I just thought I'd mention. Still no BREXIT. Remember that.

Yes , it certainly seems that way ATM. Could be alot of money to be made from £11 45 - £12 60. This is becoming a day, days, week trading stock. It you have money to burn & like a risk . Can't see £15 any time soon. Still no vaccine for cv19. Numbers still dying worrying. Millions joining the dole line. So they will be tightening their belts. Cars, planes , lorries still parked up. The dividend as been cut so it's not really a long term play imo.

I expect the usaul corporate crap from the shell people. I expect some one to ask about future dividends. Expected corporate crap, we intend to grow the dividend, going forward, but we have to take into account the macro conditions. Which is exactly what can den burden said 3 months ago on the day of update. They have left the small shareholders in no doubt that were the 1st to suffer the consequences of oil prices, glut, cv19. These people are paid to spout crap (bull****). Maybe they will give some guidance going forward, but as cv19 as shown it means zilch. If you recall shell hoped to return £25 billion to shareholders between 2021- 2025. As I said at the time, talk is cheap. Only action really matters. No matter how van the man performs he will still get a huge pay off , either way. Look at Rico at RM last week. 1 million payoff for a crap job. That's the world we live in. I don't think any company can give guidance on this year's earnings as cv19 is still causing mayhem to vast amounts of companies. I expect them to be upbeat because that's what people wish to hear. As most on here .

Hopefully, if things improve by 4th quarter Divi may be upped slightly. Think people getting a bit to carried away with the short term gain. Though I'm happy to see it.

Well it's nice to see alot of people haven't lost their Sence of humour,j over the last 2 months of madness, just alot of cash on shell. Someone was saying on another shell site this won't fall now much below £12. So far they've been right. As for £19 & £20 over the next 18 months. Well I'll give you 2 reasons it won't achieve those. 1, I own shell
2, it won't.
People getting carried away with a couple of decent days. Still no vaccine for cv19. Still in lockdown. Still cars, lorries, planes & trains no where near previous levels of use. Still huge oil glut. Ok oil prices & gas prices rising, I'll give you that.
As for dividend getting back to previous level, I really worry about these people's mental health. Oh & still no sign of any Brexit that was promised 4 years ago. For the millionth time there is no magic wand for shell. But just for those many who bury their head up their hole. Hizzy bizzy let's get dizzy. Now children watch as I make the shell share price go from £12 to £20 with just a little tap of my wand. And 1 more tap & the dividend is back to 47¢. And just 1 special tap to achieve Brexit. Woooosssh. Mass cheering & wonderment. . Meanwhile back in the real world. No, no & a even bigger no.

Your positivity seems a little misplaced. Though everyone is entitled to their opinions. Someone said on here 2 weeks ago, £19 within 9 months. Well I'll be on here telling you how wrong you were in 9 & 18 months time respectively. It's a long long long road back. But a nice rice today. But I'm not getting carried away, though happy to see £12 & above holding up.

Oil prices were up well on Friday, but that may not filter through Monday to shell S P. With no end to cv19 or even easing somewhat, it would be surprise to see it rise too much this week. Plus it's ex dividend, so no payment now till late September , if your lucky. Trump & China could yet reappear & that seems to plunge markets down. My way of thinking for the next 6 months is this. Anyday shell dose not go down is a blessing..

I've plenty of interest. That's why I post. And 2, because I can. Lots of varying opinions on here today. Here's my two penneth worth. Wouldn't touch shell with a barge pole ATM. This is going down. To where I know not
But it hit £9, with the prospect of a 47¢ Divi, so it's not gonna take a genius to work out that with the Divi cut it can go in to free fall. As for buying in at £9,£10 , then selling at £16, well yes but you'll be waiting a long time for this to get back to £16. I'll predict this doesn't make £16 this year. How shell climb from £9 to £13 so quickly was unbelievable. Bet it doesn't rise as quickly this time. BP , would be a better bet, but for how long, is anyone's guess. Oil shares are a big gamble right now. Many shares, now look better placed to move forward post CV 19. Tesco, Sainsbury's , god even Vodafone look a better prospect going forward. They have had their own problems, but seem to have weathered the worse & are now , if not moving forward, at least stabilizing. Shell, I'm afraid, just isn't in that position right now. I can only see things getting worse , before they stabilizie. Board came out at the shareholders meeting yesterday with the same corporate crap that all company's spout. We hope to raise the dividend when we can etc etc. It means jack.

Let's be honest, do your own research. Well if millions of us for, we would still have bought shell a few years back, when things look very rosy. You just never know what's around the corner , no matter how much research you do. It's a gamble. How can you do research for cv19 or suadi v Russia oil glut war. You can't. I wouldn't touch shell ATM. There's much more attractive shares about ATM. Astra, glaxo , tech stocks. Cash is king ATM. People who have cash to invest in a few months will get some very good entry levels for shares. If you've cash to burn, I'd guess you'd get below £10 here.

Hi, yes I agree with you on many of your points. But in 2007/8 HSBC were the only bank in Britain who owned up to all their sub prime, bad loans & wrote down billions. While other British banks tried & failed miserably to hide theirs. Thus HSBC recovery was much quicker than other banks. So we can hope that shell as met the covid & oil glut head on & going forward are in a better position with their balance sheet than BP + others. Longshot I know but time will tell. Ex dividend tomorrow, so can't see how this can maintain £12 in the near term. But this stock market makes no sense to me. Like you said the big dividend is in the past. 2 thirds cut, so can only see lower share prices for years to come.

Hi hassa, here's a question for everyone on here. Do you think the gulf of Mexico disaster was a bigger problem to BP in 2009, , or do you think covid 19 & the oil prices, glut etc etc is a bigger problem for shell. Whatever everyone's answer , that's your guide as to what you do going forward, I guess. Just a note, Vodafone maintains its dividend & shareholders are doing cartwheels. Share price up 9p. And that's the reality. Dividend more than half than its cut. Share price hugely down the past 2 years. But that's the thing. People celebrate in their droves & good luck to them, but it's still a million miles from where the share price plummeted from. That's what shell shareholders have to look forward to. Neither are premiership quality clubs anymore to use a football scenario.

Hi Hassan, well go to the top of the class. Well done. Dividend is not back to pre 2010 level, but let's not spilt hairs on that. But on checking your information on BP I noticed it took nearly 7 to 8 years for share price to recover. In 2006 I recall BP being £6 80. Don't think it's got anywhere near that again. So if your willing to hold shell for 5 to 8 years I guess the share price may well get back to pre dividend cut share price & old dividend. . But I wouldn't hold your breath. Why buy shell when BP is paying a much better dividend. As are many others, astra, glaxo etc etc . Ther virus impact on many many industries will be extreme. At the moment stock markets in some fake world. But sooner or later the stock market will have to remove its head from its backside & face the reality of the enormity of the fallout. It won't be pretty, but the handfull who have the guts to put their head above the parapet may have a huge advantage , going forward.

Hi, I'm in Brum too. As for £18 being , just a matter of time, that's like telling someone in prison it's just another 3 years till their release. If this makes £18 this year I'll be astonished. Only way I see that is merger/takeover rumours. As I said before name a share where the dividend as been cut & the share price goes back to previous levels. I don't know any. So why will shell buck the trend.
Speaking generally. Tesco's built huge on the edge of town stores. Back in 2006/7 when economy was going great Tesco's had a 1 stop 1 shop policy. Then as always the banking crisis hit 2007,/8, then people started cutting back on shopping excess. Masses fled to Aldi & lidel, never to return. Tesco left with huge floors space, with items no one wants. Go in Tesco's & see, it's people getting 15 to 20 items. Pre covid, Not like the old days of overflowing trollies. But have a look in the discounters. Over flowing trollies everywhere. This & many other countries have never recovered from banking crisis. Probably never will in our lifetime, I fear. Shell ex dividend on Thursday, then reality will most likely return.

I didn't want the dividend to be cut on 2 counts. 1 for selfish reasons. But 2 is more important. Once a company that once paid a handsome dividends does indeed cut their dividend, the share price never recovers to their once lofty levels. Barclays cut their dividend, share price pre banking crisis, £6 50. Have look where it is now £1 ,. Lloyds, over £5 I think, pre banking crisis, cut dividend, now, 50p, I think. Vodafone pre dividend cut , high as £2 40ish, cut dividend, now £1,12. Tesco before supermarket wars, £3, 60, dividend cut, now £2,30. Sainsbury's, pre supermarket war, £3 90, dividend cut, now £2 ish. It's not rocket science. Once the dividend is cut the share price normally goes 1 way & it isn't up. This is not the same company now & never will be. Never sell shell, you can be sure of shell, shell have never cut the dividend since 1947 etc etc.. well they just don't apply anymore. Only over the next 18 months will we know what this new shell will be like going forward.
I see a rating agency as cut its price target on shell to £18 today. Well that's wildly optimistic imo. Can anyone tell me a company who have slashed dividend for the share price to fully recover, because I can't think of 1. Most share price plummet, then just drift along for year after year.

Hi, yes I think millions of people are in the same mindset as yourself, so you have my sympathy. But don't go giving van the man with the false face any ideas. Next dividend paid in 1 lotto ticket for every 4 shares. Joking apart, I wonder just when shell will hit the dizzy heights of £18 54 again. What do people think. Some reports say say companies who have cut, stopped dividend have done the wise thing & going forward long term investors will be rewarded. It's always the same story though. The tomorrow never comes.

Yes, I think most people will have to cut their cloth accordingly. Some good rises the last 2 days. I know oil & gas have gone up, but you'd think BP would rise considerably more now than shell, with the bigger dividend. Probably 1 of the most difficult shares to call from here on the footsie 100 going forward.