Member Info for mojo7865

Makes sense will be an interesting week I’m pretty excited even though I’m out flat days.

I’m expecting some movement down in this at some point rsi over heating on there looking at 68 or lower on brent. I think the contract expiry will take it back there short term I just don’t know what will have a bigger impact this Friday or end of the month quarterly expiry could be a sea of red soon.

bp or not 2b what sort of % did you leave in you called a blinder by getting back in at 319p. What made you sell some?

Yup i totally accept it blue_boy just one of those things really sometimes you catch them sometimes you don't.

Lol I have a bit of a nap and come back wow what a bad call but, i own it i made the call and have to stick with it. Still think there's room for a down day but maybe after 3.4 is hit now rise 66

309 sorry

@stockread1 moved my target up to 30cant get in at the moment July most likely. Agree played it ultra safe but its good to see things finally move for a change gl to all holders.

Sold too early lol. nice rise on oil today It's looking good for that 43 rise rsi still below 70 but getting close now. Congrats!

Mojo7865 309p
Stockready1 329p
45Bob 332p
Bugerov 333p
Share-be-alright. 335p

Cheeky guess …

Thanks guys much appreciated. Well firstly the news in Chile sent shivers down my spine and you know me i keep touting on about contract expirations. I’ll be the first to hold my hands up and say when I’m wrong but I do feel there’s a storm in a teacup type of thing happening based on some reports around hospitalisations. I think it will be a culmination of things. However, I think by July results the sp should be a lot higher assuming things don’t take a turn for the worse in relation to covid. There’s just too much going on to ignore and with oil at 72 the sp should be a lot higher but, I think it’s going to take consecutive quarters for bp-Rdsb to reach its potential. All great for long term holders no doubt my situation is a bit different so my posts are mostly a short to medium term view. There maybe one more dip before July and that’s what I’m waiting before making a decision on my next move.

I made a bold move today sold my shell smallish profit. That’s me all out of oil prob at the weirdest time I have my reasons which I won’t say on here just cause it will earn the ire of some and not worth the argument. However I am watching out for contracts expiry next week Friday and end of the month wish you guys luck I’ll be watching.

poorgadgee yes cause charr predicted covid happening. Give me a break pre covid RDSB was making record profits. I can say in 10 years the Big miners are going to dip from their record high at some point you can call me a messiah then. Recession cycles happen every 10 years covid just accelerated/exacerbated this. The guy is probably waiting for a lower entry i.e 12 then when he is in he will ramp like a idiot transparent as hell.

I sincerely doubt bp won’t dip but difference in opinion. Next week will be telling once options expire and then look out for quarterly contracts end of the month last time they expired it took oil down to low 60s in March. I’m going to wait and see but gl.

Lol should of topped up that shell yesterday on the drop lol I'm excited even though i'm not in CEO of Shell just announced they will still appeal but implement what the dutch court asked in the meantime. Seems like the article earned some good faith with investors today.

Don’t mean they’re not going to appeal but if they don’t have a plan b If they lose again it would be a disaster. I think we need a bp type shift to change the perspective of the markets on shell in terms of transition. Keep our oil assets that produce most value for least running costs and dump the more expensive assets.

Ben is smart he sees the writing on the wall appealing this decision would do more damage Espeically if shell loses. There’s too much activist pressure to change. There’s an article regarding miners in that respect that they are next.

Anyway I come here to read about Rdsb news and opinions relating to the company your opinions some how compare a supermarket and telecoms company to an oil company from what I remember you were a chariot oil investor tooting 20 quid back in the day what happened with that ? Spew your venom somewhere else man it’s boring now.

What was that sound of a screaming baby I just heard ah it was nothing anyway let’s carry on.

At the moment bhp or glencore on a dip only concern I read other day on ft the activists are coming for the miners next and at the current sp that’s a big concern. Did you also see that self serving article about nationalising shell!

These guys are taking the pee lol they really want saudi, russia and many others to be the only suppliers in town. https://www.theguardian.com/commentisfree/2021/jun/07/its-time-to-nationalize-shell-private-oil-companies-are-no-longer-fit-for-purpose

Agree on the face of it what they have done in short amount of time debt reduction aggressive transition to renewables and cutting exposure to oil progressively all benefits the future of the company. The annoying thing whatever the case is the market doesn’t see it valued above the current sp at this moment in time which is frustrating but, again patience will win out on this one no doubt. I’d be surprised if by year end it hadn’t hit 4 quid assuming oil remains in the 60s and above.