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Happy to trade a few last week and bought back this morning for 4pc + margin after costs.
Inflationary pressure on US economy, bond yields last week 1.5pc on a ten year.
Interest rates will rise at some point but the FED has expressed monthly stimulus will continue until jobless numbers are down and inflation target below 2%.
Cheers and gl.
Brent oil futures in the green 63.55 + 0.25 (+ 0.36%)
US fiscal stimulus continues to be key focus for oil & mining stocks as the Senate aims to pass the 1.9 trillion Covid-relief package.
Sterling continues to move higher on marginally better-than-expected GDP data and a successful vaccination program.
Hi Livestock, just noticed your question regarding dividend.
0.1665 usd cents followed by a 4% increase from Q1. 0.1735 usd cents.
https://www.shell.com/investors/dividend-information/dividend-announcements/fourth-quarter-2020-interim-dividend.html
I'm not a fan of buybacks and understand all the accounting benefits which in the past have given license to bonus culture.
However Shell have pulled back from bonus culture in 2020 with the exception of their traders team (hedge traders)
Buybacks and cancelling shares at 2400p to 2700p isn't where the smart money was in play.
Buybacks should only be in black swan crises when the indices are lower.
Sit back, enjoy the ride.
Might be 12 months before firm support 1500p + range but things can move very fast.
Cheers
Brent Futures 63.56 + 0.90 (+1.44%)
Welcome news, however Shell gas contracts pegged to oil are not todays highs/lows.
Forecast for the US Dollar, bearish.
Net short US futures positioning remains near its highest level since March 2011, helping feed the nascent narrative that a short recovering rally may soon emerge.
Tuesday 9th Feb Brent crude extended its 'futures' gain above 60 usd, intra day high 1335p closing 1305p
Shell ADR across the pond 36.58 continues upwards towards January highs trading range, 38.40 to 39.80 usd.
Rose you stand for everything that's ...............Rose
I laugh at your communist attitude .
Big man!
Drug trade is a disgrace.
The new man from Italy///////llol
Hi Nomad1, thanks for posting.
What is your one month (Feb) trading shares target and one month add , or buy, shares & ....why ?
By the way Christmas cake........ pretty good!
RDSB
I look forward to next wks ex/div or sell and buy back lower after div.
This share will top 3000p +, its the potential that markets are chasing.
I'm invested and will buy/add, more on any retrace.
This share cant be valued 2020 EBIT
Help to BUY deadline extended during Covid delays.
https://www.bbc.com/news/business-56043427
Cheers
Help to Buy deadline extended during Covid delays.
https://www.bbc.com/news/business-56043427
Cheers
Help to Buy deadline extended during Covid delays.
https://www.bbc.com/news/business-56043427
I hope to see broker upgrades from the 24th February as this black beauty has legs for growth.
Higher interest rates, perhaps 2023 onwards. A return to increased earnings growth and a digital transformation will attract new clients and the announcement of a long overdue dividend policy will boost investor confidence.
Cheers.
US & DAX , CAC , Ftse 100 all in the red by average 0.50%
Bliss
Nice little ride from December lows .
I will take this opportunity adding, buying Gold Silver shares or physical as protection against market turmoil.
I would like more discussions on this site related towards protecting wealth in a portfolio.
Thankyou.
MP’s vote 521 to 73. Five hundred and twenty one recommends.
AZN Vaccine approval. Sixty five million recommends.
A Happy New Year to all.