Member Info for Nomad1

If the SP drops after Ex-Div it will bounce back in a few days, and £24 will be the new floor on the way to £26 later this year. Holding

Chris, and a possible massive recession lasting years …… Sooooo many elephants in the room but whatever happens I still feel safer staying put.

Dub, I am no trading expert so I would not make investment decisions by what happened on previous ex-div’s days as there has been so much crazy news. For example last November we were turning the corner on Covid then last February the Russians invaded Ukraine.

No WFT + Ex Div + High Brent = £24 today what yee all say

I would be extremely happy if we reach £26 by the 4th quarter results. £26 is higher than anyone of us has hoped for over the C-19 period. Then next year who knows £30 with a double dividend we can only dream…… Life changing for some

Nice graph’s Boyo

Why can’t Shell start drilling in the North Sea or the Shetlands? Surly if the hold up is due to government red tape this is the time to say to the chancellor we are waiting to invest in the UK’s future energy so let us get on with it.

When questioned about WFT the chancellor basically said it depends on the amount of UK energy investment he can see by Shell and BP. I think I am right in saying Shell stated they were going to invest 25 billion and BP. said 19 billion in UK energy over the next decade. So why don’t they just get on with it and avoid the threat of WFT, surly it is easier to spend a few billion rather than having it taken away. Does anyone know what the hold up is?

OPEC+ are sticking to another small increase of 432,000 barrels per day for June.

Agreed LTH it has just touched £22.41 and I think we will easily pass £23 on the build up to results on the 5th and ex dividend on the 19th May. Who knows maybe £24.

I know we have been trying to stay under the radar so we can avoid paying a windfall tax,
but surly we have done enough and now Shell should raise the dividend.
Do you think with the company investing £25 billion in low carbon energy for the UK market over the next ten years, and possibly drilling Cambo which the government now seem to want is enough to get them of our case.

£22 my day just got better I wonder where the next pause will be

Excellent news the UK government are going to be issuing new licenses for O&G exploration in the North Sea.

Hi Boyo, do you know what caused the Chevron share price to jump so much.

Yes Chris I remember just how quickly the share price can jump when it’s on a roll and that was while we were dealing with Covid. Now we have another virus called Putin which is out of control so who knows what’s going to happen. Would someone spray him with some stuff.
Personally my guesstimate is £23.80 by 3rd quarter results and £24.60 by 4th quarter results.
Onwards upwards next year

As the UK and US have together banned all oil from Russia the US government is now telling the oil companies to drill drill drill. It would be fair to assume that Boris is doing the same thing with Shell and BP while they are in talks about a big pile of dosh and a windfall tax. This time around to avoid paying this windfall tax Shell are going to have to show a spending plan on projects other than share buybacks. Apparently they don’t have any projects at the moment and to try and buy into anything solar or wind is extremely expensive right now as every European country has got the giddy up. So let them do what they are good at and drill for O&G in the North Sea and Shetlands.

Brent just jumped up to $106.80 but in the US markets Shell and B.P did not budge.

Although Shell are not shareholders in Gazproms Nord Stream 2 pipeline am I correct in thinking they have invested 10% approximately $1 billion in the project.

Yes Boyo and the Chinese are watching.

Getafgrip & Clude, Putin is vertically challenged with a chip on his shoulder, and like his cousins he want’s multiple statues made of himself. He was brainwashed from birth by the KGB but he is no great leader he’s just a bully and a gangster!