Char333 is proved right yet again30 Apr 2020 15:45
Well, what did I tell you all months ago. Where I told you the parellells with Vodafone were huge & you shouted me down . I told you all the dividend was gonna be cut sooner rather than later. Well what have you to say now. I told you to many people on here bury their head up their hole. This will be back below £10 as sure as eggs is eggs. A rights issue is a matter of when not if in the near future I predict or some other new issue if shares. This will not see £200 now for a month of Sundays. All those posts on this & lots of other sites that never sell shell, Van Der burden doesn't want to be. The shell c e o who cuts the dividend. Shell have never cut their dividend since second world war. Well where are all you people have to say now. There will be rioting in Holland. No there won't be. Van Der burden gave the game away 3 months ago when grilled by that Steve guy on CNBC. Are you going to cut the dividend & c e o was a rabbit in the headlights. All shares , irrespective of sector are about profits, period. Shell is about oil, but it's profits that will always count. This share as I previously predicted will become a drifter share. Just like Vodafone, Barclay, loydds, Tesco , HSBC & Sainsbury's. All cut dividend and share price has never ever gone near previous levels. I can only see a range of £9 to £12 over the next few years and that's me being generous. The big sell off is coming again I fear. The only chance for any marked jump in share price or dividend increase is a merger of equals or a hostile takeover by another oily , I'm guessing £14 a share if we're lucky. Anyone waiting for £20 or over will have a long long long wait. I told Vodafone shareholders it may never make £2 again only to be derided. Well this may never see £20 again in our lifetime. I kept saying there's no magic wand. Well now you need a miracle of epic proportions. It will be pain pain & yet more pain. What really peed me off was BP not cutting their dividend & built my hopes up. Nothing against BP, good luck to their shareholders. Buying a share for the dividend doesn't work, period. I was gonna buy astrazeneca, before plumbing for shell, as that was the only share that I'd had never to have gone pear shaped. But I know 100% if I'd of bought astra shares they would have gone the same way as shell. Sods law. Someone said and as been proved correct, why buy shell when all the money's in tech. Well I'll make a prediction. Out of the faang shares, within about 2 years 2 of them will have huge setbacks of huge proportions. Don't ask me what the details will be. I'm no good at those predictions. Just wait & see.
But 18 months ago the daily mail said , shell, astra & HSBC were the best 3 shares in the footsie. I recall saving to my brother give it a while and 2 of those will have major setbacks. It's just a matter of time before the axe falls on your share. Or more precisely , mine. My brother predicted £27 in June. Well he didn't say which June. As I said to Vo