Member Info for moneygrabber

Is it just me but with an oil price around the low 40's a p/e about 100 and dividend cover that barely covers the payments is Shell defying gravity?. I know they are not directly affected by BREXIT and they pay out in Dollars, but surely this should be closer to £18 or lower?

I read that Thomas Cook intend to pay a dividend this year. Does anyone have an idea how much this might be and when?

http://www.newyorker.com/humor/borowitz-report/british-lose-right-to-claim-that-americans-are-dumber

A falling pound means higher import prices and inevitably higher inflation. Yes we can export cheaper but to make those goods we have to import raw materials.

That depends of the result

It makes no difference to Shell what the conversion to Sterling is. It's the investor who stands to gain or not.

...and what would have happened to an independent Scotland during the banking crisis 2008/9?...Greece comes to mind!

Even poorly paid people have pension pots!

If the dividend was cut the share price would largely drop by the amount of selling pressure. I think the next stage will be a number of smaller companies going bankrupt and mergers. The world economy is in a very dangerous position and any rise in commodities is a very very distant prospect!

I'm just wondering about the sustainability of the dividend given the current price of oil?

Selling stuff to support the company and dividend cannot continue. Unfortunately, surely it can only be a matter of time before the dividend is cut...50% ?

Over supply and lack of demand pure and simple. Trouble is that doesn't seem to changing any time soon!.

Very poorly written article

Correct me if I'm wrong but reduced market share and lower prices isn't very good for the bottom line! Sainsburys isn't unique in this

Has anyone got any idea as to where things are heading?. Share price seems to have dropped a lot and looks pretty flat.

You are wrong. A shared fund exists for uninsured drivers (MIB) however insurance companies are going concerns, independent businesses. The only thing you need to worry about is are they going to reduce or cancel the dividend and the answer surely has to be yes to one of those. Claims so far this year will be expensive let alone Ireland.

I work out of the Manchester office and the problems with Ireland don't really surprise me greatly. There have been considerable structural changes, severe cost cutting and many key positions and ability lost!!!

My average is higher than 240p but still good. Insurance runs in cycles, but basically there isn't anything new out there...sure premiums are being written at silly levels and a few criminals run into people to claim all sorts...the bottom line is despite all this they are making money and getting a decent return on capital

This share is looking cheap in my opinion...basically Esure is a sound profitable company and making real money!!