Member Info for Littleaston

Barrieprov,

Why don't you sell some, and ride the rest up, if it happens, best of both worlds.

Topher, you may get to buy them back after ex divi. I have sold a few in tranches, still in with a sizeable sum.
Our outgoing leader is again asking for windfall tax to be bestowed upon us, which may have another impact. I want all those sold back, with a few extra. Let's see.

Fuel prices will remain high due to the western world's agenda to go green. There has been under investment into new projects, so our reliance on tin pot dictatorship regimes that control the price. OPEC decided to reduce their production by 2 million barrels per day last week from November. The USA is currently putting on the market 1 million barrels from their SPR. This will cease alter on this month. I then expect a barrel to be over $100.
I do not agree with going green solves everything. There will be problems further along the lines with the mountains of batteries. The western world going green is all talk but little action, just headline grabbing attention. USA produces just over 12 million dollars of oil per day. We are happy to go green, yet others are supplying our fuel, so what exactly does that achieve? We all live in the same world, so moving the problem will come back to all of us.
UK has blown all their earnings from fuel from the past, unlike Norway, whom have a sovereign fund which is in excess of a trillion dollars. The UK lives for today, be popular and sod tomorrow. That is why we are always in a mess and always in debt. It is about time we learnt to live within our means.
If youngsters want to down beers, go on holidays abroad, wear the latest fashion, buy expensive cars, then they moan that they cannot afford to buy a house. The older generation did not have these so-called luxuries, and that is why they live in their own homes bought and paid for by hard work. They and including myself paid interest much higher than today's meagre rates. I paid up to 15% in the eighties.

Shell said its third-quarter profits would be pressured by a near halving of oil refining margins, crumbling chemical margins and weaker natural gas trading. indicative refining margins dropped to $15 a barrel compared with $28 a barrel in the previous three months, Shell said in an update ahead of its results on October 27, amid growing concerns over a global economic slowdown.

If the clowns cannot make serious money with oil in the nineties, well when can they?

The biggest clown Ben Van Beurden cut OUR dividend, the first time since WW2. That is going to be his legacy. Now he has the audacity to say oil and gas should be taxed. If he so concerned about the poor, then he can pay for it from the vast sums he has been given, NOT earned, as he has done sod all for this company. If he wants to be a philanthropist then do it with is money not hard pressed shareholders.

Is the strike over, lol

If you have not received your dividend on the date, it was due, then you should change broker.
I would not tolerate lateness. It must be paid on the same date. I have never had an issue with any of my brokers in the past or now, always paid on the same day.

Seav,

I agree with you entirely. The FX has given us a higher dividend than we would under normal circumstances. We have had a dividend cut, then he gives us a pathetic rise. The new guy isn't going to be any different, all from the same old gang.
The dividend is why our share is in the toilet compared to BP who had a dividend rise. I am trading these to make money, that is the only way for me.

at 35.94p Dividend 23/03/2019
at 36.97p Dividend 24/06/2019
at 38.01p Dividend 23/09/2019
at 35.73p Dividend 18/12/2019
at 36.40p Dividend 23/03/2020
at 12.68p Dividend 22/06/2020
at 12.09p Dividend 21/09/2020
at 12.48p Dividend 16/12/2020
at 11.96p Dividend 29/03/2021
at 12.26p Dividend 21/06/2021
at 17.38p Dividend 20/09/2021
at 18.06p Dividend 20/12/2021
at 18.28p Dividend 28/03/2022
at 20.01p Dividend 27/06/2022
at 21.57p Dividend 19/09/2022
The above is from my spreadsheet copied and pasted. the amount of dividend and the date paid. If you look at the best dividend paid, 38.01p on 23/09/19, then we are just at 56.75%, so no, we are not at that level, we are still way short.

Today we had a broker upgrade for Shell to outperform and a price target of £35 from Credit Suisse. Shares go down.

God help us if we ever get a downgrade.

The Ex Div date is 22 September. You can buy up to close of play 4.30pm on 21 September, to receive dividend, you can sell sell at one second past 8.am on 22 September and you will receive the dividend.

Barratts trading update tomorrow, that is expected to be good as well. I really hope these shorter`s get burnt badly.

Barrieprov,

I sure is, however the lure of a dividend at these levels is diminishing fast, I have sell orders from 23.60, I will cover every 10p rise by selling 10k worth. As I own more than some directors, it will take me to about £35 to get rid of the last tranche. That is my plan, as there are others whom pay better dividends, without having to keep eyes on API/ EIA/ $ to £/ Opec and rig count as well as next doors cat.

21.57p per share after conversion for 19 September 2022

Ken, they do that frequently, fluctuating, same with share prices, you then press to buy completely different price, it is damm confusing, but at least it provides a guide. Look at other sources as well to confirm

Wadz,
I am going to use the Dividend money to buy more if below a100p, that is my strategy. I will also receive dividend from SHELL as well as LLOY, I will pile that in as well, then that is me exhausted as her indoors wont let me put in anymore.

Wadz.

As long as they pay the dividends, I am content. It does not matter where you put your money, nearly everything id down.

Wadz,

I too had an average at 144p have been trying to catch that falling knife, as well as trading here and there, have manage to get my break even to 121.52p at nearly 75k shares. I will now wait to see if it hits below 100p before buying anymore, as I have no fingers left with that knife falling. Good Luck, with your strategy, whatever it is.

Expect the unexpected.

Shell appears to be forming a base at these levels. It was due a leg up.

Hi Trunky,

Thanks for the Simply Wall Street info, how do you get the comments from Blackrock? Thanks

If Blackrock is affecting this share, what about Barratt, Persimmon, all builders are down.