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OSG - "It's falling because it missed guidance but what with impairment charges and one offs for gas and wind how much of it was intentional?"
That's my point! Oilers (in UK/EU at least) dare not say anything upbeat, they have to massage all the good news away and temper it with write-downs and impairments. Being in a position to use 40% of profits to give us all a bigger slice for the future is pragmatism as far as I'm concerned. But I'm talking my book - I topped-up a little this morning....;-))))
I'm very happy with how Sawan is approaching his role, and actually implementing his philosophy. Having commenced my personal investment in Shell at around £18 (can't remember which year), it will take some faith to top-up at £27+, but I have to say, I'm tempted...
https://uk.finance.yahoo.com/news/shell-cuts-hundreds-contractors-amid-102153066.html
Your warnings are indeed dire-ria20..
Couldn't resist a (small) top-up. Be rude not to...
Thanks for the summary. Market seems to be saying 'boring' too! ;)
£4.70
b.land
'sorry grezzzdude, well, the correct answer is one million pounds and it's taken from the best ever and my most favourite tv program 'billions', but since i'm not in that league, i call one stick, one thousand pounds (makes me feel like a big investor man lol)'
ah, pretty much what i guessed... as a born and bred londoner, i was pretty sure it wasn't an obscure ****ney term, where 'bag' used to be quite common (bag of sand = grand), but 'bag' is used differently now due to 'multi-bagger'.
incidentally, i had to google the show 'billions' too. never heard of that, which is embarrassing since i lived in the usa a lot during my adult life, including several years in new york. sounds ok though - i'll track down a stream...