Member Info for Nomad1

R Plan, hear that during the Big Bang I lost £68k on MAX !

Kpa, Lol I did the same thing in the 09 crash and bought 34,000 Taylor Wimpey shares for pennies.

I’m not moaning I’m seeking advice from hopefully someone more knowledgeable than me, which wouldn’t be hard because I don’t want to stuff up and lose it all.

Y11

The thing is I bought 4200 Shell shares for £9.60 but, sold half at £25.90 a month ago just before it shot up. Bummer I know! So I haven’t been able to get back in and thought maybe I should add to my smaller BP holding. I am a pensioner and not a day trader but, I supposes you could call me a ten year trader as I buy on the boom bust cycles.

My dilemma is do I buy now and get the divi, or wait a few day’s when hopefully the sp will of dropped a bit more.

Hey Spights,

Do you think the SP will drop much more after ex div

The Namibian government have given Total, Shell and one other the go ahead to drill for 10 Tcf of Orange basin natural gas.

It looks like the Israeli defence force is on the move so let’s see what next week brings.

Seconded

Re: £27 it’s so yesterday.

Where’s Char? not a peep he’s conspicuous by his absence lol.

Moniman, this morning the first thing to greet me on this board was arguments, and now on Friday afternoon we would like to have a beer.

It has been three years since we had an sp of £8 when no one ever thought we would get to £27+. Maybe you would be happier with LGEN nice and safe, oh but don’t they invest in O&G.

Moniman are you an invested in O&G?

Hi Lti, Yes if £30 is going to happen it will probably be before the fourth quarter results. We are in the middle of a Perfect Storm but, it’s unfortunate that people are suffering in this war for it to be part of the driving force.

Hey Larry, Happy days I’m just a bit miffed after holding for three years I sold 45% of my shares for £25.90. Still I was in heavy and needed to diversify so it’s nice to have a chunk of change sitting on the sidelines, there will be a lot of opportunities in the future.

£27 For 3 years we have been waiting for this now FFS Stop arguing!!!!

brent up 3.8% but it’s a knee jerk reaction and already dropping to 3%. we will have to see how this unfolds when the army steam in to gaza, remember they really don't want to **** off the saudis, middle eastern, north african countries or the us and the west just when things were starting to normalise. biden told them it must be a measured response and not a land grab because the world is watching, but of course anything they do is going to be difficult when terrorists hide in blocks of flats holding hostages. so yes much could go wrong but besides iran and their proxy’s in lebanon etc, i don’t think it will effect the oil price too much unless iran try and cause a blockade for tankers, however the us have an aircraft carrier and its cousins are on the way.

still two weeks ago we were told a $100 pb, then last week after the announcement of 336,00 new jobs in the us they said it will never get to $100 because of interest rates but now ……. we will have to wait and see how it effects results next month.

your thoughts gents.

Thank you all for sharing your thoughts on setting a stop loss. Personally it’s a last line of defence incase something goes bang in the night, or there’s a terrorist attack on a rig and the sp crashes. Also not being a trader I don’t want to look at a screen when I go on holiday, although I probably do.

However I remember in the 2009 crash when I owned shares in wildcat drillers who were on the 250, and the M’s would run down the sp to knock out shareholders stop losses which made me a bit paranoid.

Not being a trader I would appreciate a suggestion for a suitable stop loss to set on my Shell account which is currently £21.60. If the sp stays around

£26+ - should I increase my stop loss and if so by how much.

Boyo, except for once during the past three years I have held but two weeks ago I sold 45% of my shares 2000 for £25.90 ps. Of course the next day it went up to £26.60 ish, and for the first time half of me wanted the sp to go up and the other half wanted it to take a dive!

Hey Sharefall, the Saudi government will keep the oil price at $100 for as long as they can, because that’s the amount they need for their massive infrastructure projects. Sell less O&G for more dosh which also suits the Russians very nicely.

Sharefall the elephant in the room is oil which is going to be $100 pb for the next 12 - 18 months and this will push up inflation and cause higher interest rates.

Boyo love the optimism, and your graphs are giving me a warm glow happy days.