Member Info for pappalazz

So much for my professional opinion hahaha!

It's a bright sunny morning, so I think it's a good day for a share price rise - in my professional opinion ;)

So I looked into it a bit more, looks like I'm a day out from being eligible for the rights issue anyway is that correct? Also read it's not always good idea to purchase them anyway - just wondering now if I could expect a drop tomorrow with dilution of shares..?

Hello, I don't really know anything about this rights issue malarky if i'm honest - or even if it applies to me? Wonder if anyone can assist me. I've tried to read about it but my simple mind doesn't compute!!
On the 27th May I bought 51 shares at 2537. Do I have to do anything? Or should I do something?
Also I got them through IG trading platform, I don't even see any options to do anything on there anyway, so how would I even go about it? I just wanted to sell them in about 6-12 months, hopefully when they've gone up some (ideally around 4000-4500)..

So after the 3% rise today I sold my Shell shares at a massive loss as I had bought them at an average of £21 over the past 6 years.
Although I was down about £15k I thought I could take opportunities elsewhere with the low prices of other organisations.
I'm positive I can make up my loss quicker by having a more diversified portfolio, even between selling this morning and close of the day I had recouped 5%.
I still have a few RDSB shares and quite a few RDSA shares I got when I worked for Shell (hence the NL ones).
I will most likely keep those until they recover £20+, whenever that may be.
The OPEC+ agreement to extend, Saudi increasing their price, the full storage capacity ashore and at sea, the decommissioning of off shore assets which is due are all factors in my decision making.
I did not want to sit idle when I knew I could be better invested elsewhere.
Good luck all, I hope we get £20+ sooner rather than later, but time will tell. There are a lot of opportunities out there which are still good and would have been better 1 month ago!

Trying to work out if this is good or bad.. difficult when it's 4am and I've just woken up!!

Aramco, which typically announces pricing on the fifth day of each month, had delayed its July numbers until after OPEC+ members made their decision.

Saudi Arabia sells its crude at a differential to oil benchmarks, announcing every month the discount or premium it’s charging to global refiners. The so-called official selling prices help set the tone in the physical oil market, where actual barrels change hands.

With China’s demand for crude now rising, the Saudis are raising prices. The month-on-month increase in the official selling price for flagship Arab Light crude to Asia, which accounts for more than half of Saudi oil sales, is the largest in at least 20 years. Aramco raised Arab Light to Asia by $6.10 a barrel to a premium of 20 cents over the benchmark.

It raised July pricing for all grades to Asia by between $5.60 and $7.30 a barrel. That compares with an expected increase of about $4 a barrel, according to a Bloomberg survey of eight traders and refiners.

Buyers in the U.S., the Mediterranean region and Northwest Europe will also pay more for oil.

Hope so, I accidentally bought 2k worth at 106 hahaha, meant to buy 1k but something happened!!
Anyway I'm sure they'll go up quite well soon after having seen them down for the past couple of weeks by a bit.
Can't see why they wouldn't go up now

They were, it's a continuation of the same cuts from April...
It's just some counties do not follow these OPEC+ cuts - namely Iraq and Nigeria...

Literally clawed back about 5k of losses today! A few more days of the same and I can sleep again! Damn you Russia and COVID and US Shale!!

Why are you talking absolute ******? It's rising quite nicely without blatant lies, at least make up something believable you absolute weapon hahaha

OPEC+ cuts to continue through to July, Oil at 3 month high - should be higher next week when formalised

https://amp-cnn-com.cdn.ampproject.org/v/s/amp.cnn.com/cnn/2020/06/05/investing/premarket-stocks-trading/index.html?amp_js_v=a3&_gsa=1&usqp=mq331AQFKAGwASA%3D#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.cnn.com%2F2020%2F06%2F05%2Finvesting%2Fpremarket-stocks-trading%2Findex.html

Agreed, looks good for the signing, should rise significantly after this is formalised

Don't stray from the facts that the company is financially struggling tremendously..
https://uk.finance.yahoo.com/news/fasten-seat-belt-why-think-171045758.html

Never any chat here :(

What's that got to do with Shell

Looking good for OPEC+
Once $40 a barrel benchmark on Brent, confidence will trigger the wheels in motion for another rise.

Looking good for OPEC+
Once $40 a barrel benchmark on Brent, confidence will trigger the wheels in motion for another rise.

Should have waited until it's back below 800..

It's not the first, it's the fourth ;)