Member Info for Jim800

Bimmer, SP has dropped below your year’s low already so that forecast didn’t survive very long.

Unfortunately Wood’s financial management pretty poor. It’s taken them ages to flog that business unit (a major revenue generator) and now at a price much less than the market was expecting. Hence the 8% drop in Wood share price today.

AandK are you talking about Chinese stir fry dishes or did you (repeatedly) mean woke?

Sells at 0.7 and buys at 0.8 surely that’s kind of spread is going to put any short term traders off. Buyers must be planning to hold at least a while.

Well the market seems to like the news and guess that’s the most important RNS outcome.

Interesting to know what all the people planning on taking a profit intend to do with the money. If not re-investing in shares are they content with 1.5% interest in a bank whilst inflation is at almost 10%?
I sold all my shell pre div for 2376 but put it all into DEC at 116 as divi is over 10%.

There's been a very strong resistance level here at £1.30 for as long as I've been a holder (4 years or so). This has enabled fairly safe trading between the £1.00 and £1.20+ levels.

Looking like it might break through £1.30 on the run up to this week's ex div date. Think that would be a sign of a new phase of share price activity.

Hope they're not taking potential investors / customers / partners round that MDC.
I had better infrastructure and comms at Camp Bastion in the middle of an Afghan desert and a war 9 years ago.

Why don't you just get them paid into your HL account and transfer them manually?
You're not saving any time/effort if you have to phone up.
Everyone else had both B share money and dividends in trading accounts by mid day ish with HL.

A US company listed on a UK market - loads of info on here if you search threads for WHT.
We go through it every quarter so most fed up with repeating.

Thanks. Guess that’s as close to a crystal ball as I’m going to get.
Part of a new PSC on favourable terms to drop the arbitration perhaps.
Think you’re right that absence of Russian players will force a KRG re-think on strategy.
Unfortunately think we’ll w the last to know. Watch for sudden big buys as an indicator I suppose.

Boyo - firstly, thanks again for your continued chart posting.
Interested that you have already bought back in - do you see £23 as a strong support?
Do you think Brent downtrend is over or flattening?
No worries that wider markets have a bit further to drop?
Or were you just worried that with a pot of cash sitting around you'd buy back into Genel :-)

Chilting - this has been the point of multiple posters with respect to TA for AIM stocks.
The price only really reacts to new information - which is often infrequent. How can a chart looking at previous info price in new information?
Once EQT get some large receipts in and RNS this then price will rise - no way a TA can predict this.
Bigger companies have years of financial records and updates are normally about exceeding or missing forecasts so impact is smaller and over time probably averages out so much that TA can provide a clue as to future moves.

Dub88 - if you look at early Shell trading this morning it was down but less than the 20p div.
The bigger drop since then is all about wider market fears - nothing to do with Shell as a company today or their prospects going forward.
Therefore, I'd suggest any sell before div decision needs to be made with a view on the wider market as well - if it was as cut and dried as sell before ex-div and buy back after then everyone would do it.

I knew dividend was 12c but having just sorted out recent dividends in SIPP And ISA to decide what to buy next, the Genel divvy is massive compared to others in the pot.
£1000 on a £20k holding as a half yearly - only DEC betters that in my portfolio but that's quarterly so doesn't hit you in the face quite as much.
But.......still reluctant to top up here, even more so with BoD shuffle going on with little or no explanation. Crystal Ball anyone?

MrG - your last point clearly illustrated today with relative strength of DEC price in a falling market.
I banged out of a large Shell holding yesterday, hoping to top up here at about 115. Despite big falls in US yesterday, FTSE and European markets all down today and more negative US futures today, DEC price still stubbornly at 117.
Apologies all, I just want a quick intra day dip so I can top up again for that dividend pre next exdiv date.

Bimmer - Good Luck with strategy.
I was surprised how well Shell held up in first 45 minutes this morning. US Futures down again though so I'm sitting on the side-lines for a while - though DEC go ex div 26 May and are paying 10% so that's tempting if it drops back to 115.
Agree your last para, if people decided to hold and not sell yesterday at 2390/2380/2370 yesterday, why on earth are those holders selling today @ 2325 / 2320?
Fear and greed leading to impulse trading rather than a strategy I guess.

HL never seem to allocate divs at the start of working day - they normally turn up about mid day.
Bad in a rising market - but better in a falling one.

US down 3% yesterday, Asia down overnight, all European market futures down and ex div day for Shell.
Don’t think it’s going to be anywhere near £24 today, whole market is going to be red.

LTI - you need to learn to read and comprehend before you get all condescending and critical.
I didn't have to come up with a list, I was asked for one. This had nothing to do with Shell it was talking about wider markets - have you looked at FTSE and American markets in last few hours?
I'm not HOPING for a fall back in Shell - I just said I'd buy back in at that level if it happened. That would be a 5% drop over my sale price, enough to cover buying costs and lost dividend. Plenty of other shares to buy at better value at present.
A profit isn't a profit until you take it - I've made one on Shell and think chances of similar capital gain over next few months is unlikely. .
By all means offer constructive comment but making stuff up isn't helpful to anyone.