Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
. Anyone buying today does NOT get the dividend.
Guess its time to wait and see, Headder says he purchased today so he can sort this out,but I remain adamant that you will receive divi if you buy today.In truth I cant believe I am even having this conversation with Pearls as I like his posts and see him on DARK board but I havent bought into that share yet as I think I can pick it up in the 300's before it stabilises.
So anyone buying today is buying them excluding the dividend which is why the shares are currently marked down so much.
Sorry Pearls you seem to have got confused but only prepared to buy today if they touch 465 which looks unlikely to back up my post.
so anyone buying today buys them ex-dividend since settlement for any purchase made today will be in a minimum of two days time.
Cant agree with you on this one sir.If I buy today which I might and I get 2 days to settle and the divi even though I havent paid for them.They are credited to my account almost immediately after purchase and are belong to me but I have 2 days grace to pay for them.If I sell on the 7th I do not get a divi as I no longer own the share even if I have not been paid for them.
Happy to be corrected however.Interesting topic unlike all the normal dross on here
Jim800. If you have nothing helpful to say. Say nothing.
Think Jim got it right sir,your share portal should be able to give you this info but failing that just type in Genel divi on google and divimax or,HL or many others will give you an instant reply.
As to your unanswered question , Genel reported full year results on March 15th 2022,so you missed that one for sure.
GKP results
Changed a bit Jim but all us silent Genelians are watching cautiously as Genel has now become a high dividend stock and I am getting ready to move another £20K's worth into my ISA on April 6th.My final divi payment of 12 US cents comes in at over £5K ,that really is a reason to be cheerful but whether I reinvest in Genel remains to be seen.Sadly this share tumbles far more than it should on Ex Divi day so that sometimes it is the best time to reinvest using a bit of standby cash
Jumped the gun a bit, buying at 415p but more than happy.
Dont feel bad ,I did the same,the share price suddenly started moving and I leapt in and my last tranche cost 4.15 then it pulled back,bought an earlier tranche on tuesday at 3.93 but am more than happy with the direction of this share.Always remember that no share goes up in a straight line.I plan to hold for at least 2 divis.Lot of negative posters on here,some lost out on PMO but they wont always be here and to be honest who makes an investment decision based on other punters vested interests which are voiced on this platform.
Thanks Boyo,you are right about drawbacks but oddly enough labour or the shortage of it seems a real problem,nobody wants to go roughnecking in the States anymore.
Boyo
any chance you can put together a chart of share price of Shell and Conoco since January 1st,its my opinion that VB made yet another strategic mistake selling Permian assets which I felt could almost be the jewel in the crown asset.I know Conoco are ramping up activity there and the dosh just went on more buybacks and cutting 3 million or so off debt.The only acceptable destination for the money was debt repayment.BPX storming ahead over there and at least I got a large special dividend from BHP for the sale as BHP decided to start exiting oil business. all quiet over Genel way with a decent increase in divi to keep us long suffering shareholders hanging on a bit longer
With the greatest respect to Harry it really isn't a good idea to listen to anybody on these boards as we all have our own agenda.
Sound advice NSS22
What agenda would that be never sell
That sounds like me,having been accumulating BP and Shell for 13 years,reinvesting divi every quarter as well.For the last 5 years have been buying Apache,Transocean and Schlumberger and the last year I have been buying HBR,called a halt to that now and waiting out all these initial problems and will defo take 2 divis before selling.
Am unwinding my shares in Glencore this year getting 2 tranches away at £4.20 and £4.30 with 3 more tranches to go when they reach their targets.
Its all about patience but should end up near or above 7 figure sum.
Nomad
having read various reports on this matter ,the best I can come up with is that Iran is managing to export 3 million barrels of oil a day,mainly to china and other countries not affected by sanctions
Its reasonably assumed that Iran can ramp up another million barrels a day in 3 to 6 months.
https://www.reuters.com/article/shell-northsea-idINL8N2TZ5IF
Greetings Harry
Found the link myself Harry by said journos on Jan 20th but I must be missing something as I can find no mention of Shell being in talks about Cambo,its all about Jackdaw and a brief ref about Shell pulling out of Cambo which does not tie in with your comment that Shell were in talks with UK regulator concerning Cambo which was the origin of my flagging your post.
Probably time to move on and concentrate on a rumour I picked up this morning about Biden throwing in the towel on Iranian sanctions to try and get another possible million barrels of oil onto the market by July.Cant see the House going for it but maybe he does not need their permission to kick sanctions into touch.Just rumour at the moment and I have no concrete link yet
I have missed your bile in recent days, off fishing and all. That said, its pleasing to see the land of Dumb Muppets still exists. given most of your fellow Muppets have long gone to hide in the Muppet swamp/canal.
HC you seem to be moving on from being the board bore to becoming the board bully.
I have no intention of filtering you as I like to check your posts to make sure that in between all your bile you are not misrepresenting facts like your comment on Cambo.I follow Bloomberg daily and even have a subscription and was unable to find any evidence that they reported that Shell were in talks with UK authorities concerning Cambo.
Thanks Peter for that important update on Tolmount East very likely to get approval this year.I was aware that the application process had started.It is only hearsay at the moment but its obvious that some cabinet ministers are now openly challenging Johnson's position on hydrocarbon extraction in UK.
There are quite a few Genel refugees here! Personally I've hung on thinking it can only get better, and am about 20% down at £1.50 ish but with dividends think I'm pretty close to break even eventually (but it's taken 4 years and a load of missed opportunities elsewhere).
Steady on Jim,we are Genel investors not refugees.The Genel gang on LSE are brilliant by way of only posting relative stuff instead of posters forever ramping or being thoroughly unpleasant to others with their posts.Been a serious Shell and BP shareholder for way longer than my 7 years with Genel.Am also picking up as much Apache as I can monthly.Recently been acquiring HBR but dont expect to be there for more than 2 divi payments.Been a great 7 days for Shell just disappointed that Van Beurden increased divi by a stupidly small amount when it would have been smarter to hold steady and not give journos the ability to report Shell increases divi while millions live in fuel poverty.Sorry also that he sold Permian assets as they are liquid gold and Conoco will be ramping up production already
Who knows Hawkeye until all bills are paid and you read the small print in the full year reports of HBR and RKH.
Bit the same with Shells involvement with a 30% stake in Cambo which was incorrectly reported by HC on here that Shell were in talks with UK regulators about the future of the said project.Shell have withdrawn from this project and it is now up to Siccar Point energy as 70% equity owner and more importantly operator of this block to try and move this project forward but without a big hitter partner,I think that will be difficult.Its a risky project in 3000 ft of water on the west coast of Shetland where the tides and sea conditions are hugely different from the East Shetland basin where I spent many years working.HC was correct about Jackdaw however and project refusal on a very simplistic develepment linked back to Shearwater platform actually beggars belief but all this lack of vision by UK regulators just helps to push the price of hydrocarbons higher which will eventually propel HBR up into the 4 pound bracket and probably higher.Thats reasons to be cheerful for sure
I would stay well clear of Genel Has you well know,its just KRG whipping boy for when they need to supplement their state budget but am actually considering letting go about 25% of my Genel holding to increase my my stake in HBR where I have had the opportunity to buy the dips over the last six months. Topped up at 352 before Xmas but suspect that those days are over as this stock looks set to push on through 400 and upwards.
This board lacks the panache of the old Genel board but I really dont post very often unless I have a snippet of info from some of my old colleagues in the drilling business,one of whom may be Drilling supervisor on the next Prem/hbr well in Indonesia if he finishes his job in Mexico on time.
SK.
Need to improve your geography.Tolmount is in the Southern Sector of the North Sea and is within English jurisdiction
surely wiping 9 billion off debt pile would be the best option............ I dont see why they dont use these oportunities to become debt free!!
Have to agree with that Grippa,borrowing in the future is likely to become much more difficult and expensive for Shell.The share price is nudging upwards slowly so lets reduce this debt pile while the sun is shining and we have the resources to fix the roof.