hello everyone.4 Dec 2022 11:41
hi everyone. hope your all well. its nice to be missed. one dart nearly hit me though lol. the reasons ive not been posting is simply , it would be petty to moan now with the share price of nearly £24. the bad old days of £9-£15 , where i constantly moaned seem a good while back. pure frustration. which brings me to my point. the reasons i feel people are not posting anymore is frustration. i feel having owned this share for 3 years , each sector, company , as its own rules. which take a while to understand . but i feel shell + bp for that matter are a law unto themshelves. just when you think its gonna smash through £24, wham , down it goes. just when you think it will plummet on some bad news, whoosh, up it goes. so you only have to read the message boards to see how frustrated people are. the oil price has averaged around £85$ for the last few months + that along with the divi rise next results should give shareholders a boost. but many saying a divi yeild of around 3% just ist worth the risk. and better opportunitys lie elsewhere. ive now got a 3rd of my holdings in hsbc + of course if fell around 90p a few weeks later. sods law again. but with china maybe opening up again after cv19 a good rise for both shell + hsbc will hopefully ensue. china seems a land of cloak + dagger, so i treat all the news with a pinch of salt. the russia oil cap is set at 60$ i think + not sure how that will be viewed by market makers tomorrow. plus opec meeting today, so should see a big rise or fall tomorrow. i dont have to tell you what i think will happen , do i. this time of year is a time for reflection. well i look at shares ive owned tescos at £3 50, now £230ish, sainsburys , £ 3 80, now £2 25ish, vodafone , yes i know , £2 40, now 92p + lloyds + barclays , pre banking crisis + think most companies pay divis they cant afford + its just a matter of time b4 it catches up with them. shells board is very consertvative + of course the 66% cut in divi is holding things back , though the share buybacks are stopping too big a fall at present. i feel the only thing that is in play at the moment for the markets is the FED + powell. the next cpi data is out on the 12th i think. after jobs report on friday that may changed the situation somewhat in powells thinking. it seems odd that the biggest country in capitalism , the FED is doing everything to cull jobs + cap wages so people cant afford to buy stuff. sad really. i think the next FED announcement is on the 13th so both those days could see big drops either way in sp here. every oil analyst has said they expect oil back above 90$+ by year end. so that has to play into the sp at some point. conversley, most analysts on cnbc expect a big sell off sometime in the 1st quarter. so its a qaundry. so lets see where we are come results on feb 2nd. good luck to everyone. every time we buy a stock , its a gamble . it dosent matter what research you do. yes that can help. but in truth , your gambling on it rising.
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