Member Info for Littleaston

Misca, I agree with your comments. Diversify in other shares is a safer option. However like you, I am in RDSB around 50% of my portfolio, the other in LLOY. Both give a great income.. BP, they need a higher price for profitability, than RDSB. Also we have BG which is now integrating well.

I sold some at 2250 and bought most back around 2150 sacrificing the dividend, as I felt we were not going to go much lower. It certainly is going slowly up. I personally cannot see it going below 2100, unless the pound strengthens a great deal more. The yield will hold the share price up.

Sold 1680 shares so far, looking to sell another 1310 shares prior to ex. Don't want to pay tax on the dividend above £5000 which are not in an ISA or SIPP.

Check on 04/09/17 as the conversion notification will be made.

Now down to 25%

Another great result.

Simon Said, I only hold LLOY and RDSB, that is all. None other, I have piled in over £500k So in order to get some gains, I play that game of selling prior to ex, then buying back later, which has worked in my favour, so far. I only sell from my trading pot. My eye is always on the API, EIA and Baker Hughes rig count, which are the biggest factors moving the oil price. Opec as well as the £ to the $. I have managed to bring my breakeven down to £14.52 on RDSB As long as you keep your eye on the ball, you will make a few bucks.

Every time we go ex, we lose far more than the 37p ish. Currently down around 90p. It would appear to be a wise move to sell before ex and buy back after ex. That way you get the divi early and some profit. I wrote that on 18 May 2017

Royal Dutch Shell’s (LON:RDSA) dividend is sustainable, analysts at Jefferies have said. The comments came as the broker reaffirmed its bullish stance on the Anglo-Dutch oil major. Shell’s share price rose in the previous session, adding 9.52 percent to close at 2,088.50p, outperforming the broader UK market, with the benchmark FTSE 100 index shedding 0.17 percent to 7,434.36 points. The group’s shares have added more than 11 percent to their value over the past year, but have given up some six percent in the year-to-date. Jefferies reaffirmed Shell as a ‘buy’ yesterday, with a price target of 2,600p on the shares, following an investor day hosted by the broker. Citywire quoted the bank’s analyst Jason Gammel as explaining that the event had showed that the key messages were consistent with the oil major’s strategy first communicated to the market in June last year, with Shell set to continue to cut operating and capital spending, focus on organic cashflow and major capital projects, alongside its US shale position. “In our view, the market will become convinced that the dividend – largest declared dividend globally in US dollars – is sustainable as the organic cash cycle continues to generate strong results and as the balance sheet is de-levered through divestiture proceeds,” the analyst pointed out. The comments are a boost for the oil major which has been looking to trim costs and offload non-core assets in an effort to shore up its balance sheet in the face of weaker crude prices and following its acquisition of former smaller London-listed peer BG Group. HSBC also remains bullish on Shell, having reiterated its ‘buy’ stance on the shares this week, with a price target of 2,450p. According to MarketBeat, the energy major currently has a consensus ‘buy’ rating and an average price target of 2,397.93p. As of 07:58 BST, Wednesday, 28 June, Royal Dutch Shell Plc 'A' share price is 2,088.50p.

Credit Suisse expects a ‘leaner, meaner and fitter’ Royal Dutch Shell (LON:RDSA) to emerge as soon as the group’s second-quarter results. The comments came as the analysts added the Anglo-Dutch energy major to their European focus list. Shell’s share price has inched marginally lower in today’s session, pressured by this week’s oil price weakness. As of 14:01 BST, the shares were changing hands 0.17 percent lower at 2,062.00p, in line with losses in the broader London market. The group’s shares have added more than 11 percent to their value over the past year, but have given up some eight percent in the year-to-date. Credit Suisse, which has an ‘outperform’ rating and a price target of 2,500p on Shell, added the company to its European focus list, noting that a ‘meaner, leaner and fitter’ company might emerge as soon as the group’s second quarter results, with positive implications for its dividend. They also revised their ‘blue sky’ scenario valuation from 2,910p to 3,065.23p on the assumption of further efficiency gains, while keeping their ‘grey sky’ target price at 2,040p.

Divi due on Monday, ready to buy more RDSB shares

No I would save the cost of the entire Purplerbricks fee, not just £195. This is more suitable for someone whom is out there testing the market. Anyone can sell a house if you price it low enough, the art is getting the right price for you. It is also worth pointing out to you that you only show a scenario of prices dropping, it could also be prices increasing, depending which part of the country you are in. I am more than happy with Housesimple, and that is why they got my business.

I really do not understand the hype with this company. There is too much expectation built on this share. I occasionally trade it, however feel this is being pumped and dumped. Recently I planned to sell a house, in Romford. I did not want the expense of a traditional estate agent, as they really have out priced themselves out of the market place. I did try Purplebricks, however, I did not use them, as they charge a fee upfront, and whether you sell or not, that is theirs. I do not expect them to anything extraordinary. I initially made an appointment, which I later cancelled, boy oh boy they were persistent telephone call to try and get me on board. Instead I opted to go with House simple, whom have a similar structure, however they have a NO SELL NO FEE option, which you pay a fee of £195, and if they do not sell then they refund after 12 weeks. I feel for me that is a win win situation.

You could have sold anytime from the opening on the 18/05/17

Shell’s ‘$10 billion opportunity’ Barclays believes shares in Royal Dutch Shell (RDS) are ‘meaningfully undervalued’ but that new chief financial officer Jessica Uhl will help make 2017 the year the oil giant delivers. Analyst Lydia Rainforth retained her ‘overweight’ recommendation and target price of £27.50 on the stock, which rose 16.5p, or 0.8%, yesterday to £21.69. ‘A key challenge for new CFO Jessica Uhl will be to continue the pursuit of simplifying and standardising Shell,’ she said. ‘Given that the prevailing oil price is back to 2005 levels, we see no reason why the cost base should not return to this benchmark on a volume-adjusted basis. On our analysis, this is a $10 billion opportunity to reduce costs… This will come from continued simplification, high-grading of the portfolio and applying best practices from BG.’ The cost savings would ensure the dividend was sustainable at the prevailing oil price, added Rainforth, and ‘as such we continue to see shares, which yield 7%, as meaningfully undervalued’. ‘The journey to improve profitability and returns is one that will take time and there is likely to be more volatility ahead, but the direction of travel is clear and 2017 looks set to be a year of delivery,’ she said.

Omerta, Yes, from the West Midlands I did sell £10k worth prior to div, and then buyback when it went Ex-Div. That 10K was a drop in the ocean, as I have £339k invested in this share.

Every time we go ex, we lose far more than the 37p ish. Currently down around 90p. It would appear to be a wise move to sell before ex and buy back after ex. That way you get the divi early and some profit.

Royal Dutch Shell ‘B’ and ‘A’, up 1.1% and 1.0%, and BP, up 1.1%. The oil majors were tracking spot oil prices higher quoted at USD52.03 a barrel, compared to USD50.64 at the London equities close on Friday. Saudi Arabia and Russia, the world’s two top oil producers, agreed on Monday to extend oil output cuts for a further nine months until March 2018. In a joint statement that followed an earlier meeting, Saudi energy minister Khalid al-Falih and his Russian counterpart Alexander Novak said they had agreed to prolong an existing deal, pledging “to do whatever it takes” to reduce global inventories to their five-year average, according to Reuters.

SOCGEN RAISES SHELL TO ‘BUY’ (HOLD) – PRICE TARGET 2500 (2450) PENCE ———- CREDIT SUISSE RAISES SHELL PRICE TARGET TO 2500 (2450) PENCE – ‘OUTPERFORM

Now below $50 per barrel