Member Info for pappalazz

They do use a lot of fuel! Somewhere in the region of 2 and half million tons per annum. ;)
But they won't be getting it directly from Shell - doesn't work like that.

It's the biggest player in the industry, umbrella for I think 12 brands and over 100 cruise ships.
Cash reserves to survive 18 months without revenue and they have just secured additional external help as a back up.
Nothing to be worried about here.
Big gains to be made on this share price when service resumes.

I only have A and B as the Dutch ones were given to me by my company. I would not have chosen them. It is correct that you do have to pay tax, but only if you have profited over..... 15k euros.... Something like that anyway, I remember I asked my Dutch share holding firm and although I have about 30k euros of Dutch RDS shares I still didn't have to pay the tax as I wasn't over the profit threshold. Don't get the Dutch shares if you have a choice.

I think it's naive to think that big players don't manipulate the market for their own benefits! What happens behind closed doors I think would surprise us all..
But what I do know from having worked in Manifa oil field in Saudi is the scale of their fields is second to none! It is unbelievably huge, with that, the fact it is all in a lot better condition than a lot of other global sites and the cost of their workers is competitive compared to other countries such as the UK and the US. They have an enormous ability to manipulate and lower the price of oil to their own advantage.
I guess the saving grace is that if they have invested a billion in Shell, which I haven't actually read anywhere but here - can well believe it though. They now have a vested interest in RDS.
But why would any large corporation not invest in a reputable company with a solid history that in a year o rtwo, maybe even three should double their investment. If they have the cash available and the ability to manipulate they'd be silly not to.. should also benefit us small investors too..

Thanks for the opinions, I'm in no rush for the returns yet, so I don't need to sell. But would like to release the money when the time is right. I'm still buying the odd 100 shares when funds allow, same with Carnival PLC. I expect a similar time frame with h Carnival too, but a much greater rebound.
Peoples memories are indeed short, I just have to remind myself of the gains I made when I had by luck invested at the right time last financial crash.

On a side note.. with the bank holiday, I wanted to sell a particular share on opening as I saw the US counterpart had dropped a fair bit on their Monday trading. I had a day limit sell for a little below what the share value was for when the market was to open but it was never triggered before it dropped. Do these drops across the pond happen instantly, not allowing you to do this? I think it was Carnival I was trying to play with at the time and I wanted to also buy Tesla.De as I saw there were big gains again in the US Tesla. But my master plan never happened, I guess shares allign themselves prior to opening to stop these easy trades from happening?

I have quite a large amount of RDSA and RDSB
shares - unfortunately right now!!
Just wondering opinions of when people think things might be back to mid to high twenties..
My guess is 18-24 months, and it is a guess. I'd be surprised if it was longer, and also fuming ;)

Split it! One of the two has a major environmental disaster, you'll wish you had the other one!

I hope Hydrogen takes over as the dominant fuel. Personally i believe that electric vehicles are a long way off being a good investment for both the users and the environment.
Batteries are not that good yet and we don't have the infrastructure to charge them or recharge them on a mass scale. This is a long way off. The first space shuttle has a hydrogen fuel cell. Japanese houses in some areas are powered by hydrogen fuel cells, a bit larger than an air-conditioning compressor. They have a use able lifespan of about 5 years before sacrificial elements need replacing but personally i think this is the way forward. Im sure oil majors have had a role in surpressing the development of the technology.
Hopefully soon they will encompass it and become major players in its roll out.
A little quote from Shell.
"Hydrogen is one of the most abundant elements in the universe and could play a significant role in the transition to a clean and low-carbon energy system. Shell has a growing network of hydrogen stations in Europe and in North America, where it is part of several initiatives to encourage the adoption of hydrogen in transport."
On the shares note.. I can't afford to sell mine until they recover to middle twenties again.. :(
Was hoping to buy a larger house next year, this may have to wait a bit longer - that's all.. But i have faith. Then i'll sell unless there is a strategy change.

(Got my B's and A's the wrong way round!)

Hi all, i've been watching this thread for a while and today I just created an account so this is my first post!

I have quite a lot of RDSB shares and about half as much RDSA as I have B shares again. The A shares were from an employee salary sacrifice and I had no option to get the A shares with that.

Anyway, haven't been an employee for 6 years or so but having worked in the industry, this is my two cents.

There is absolutely no shortage of oil in the world, and unfortunately when the US began fracking, they for the first time became a major oil exporter. This begun circa 5-7 years ago. ARAMCo and others lowered the price of oil drastically to make it unsustainable for the US to make fracking profitable as it is an expensive way of doing things. However, this did not work as planned and we continue to see today the low oil prices globally. We also see the US continue to be a major oil exporter. Along with the Chinese, Russians, S.America's, West Africa and Middle East - plenty of oil, plenty of competition = continued low prices and low profit margins. I don't see this finishing anytime soon unfortunately. I think off-shore assets are the most unprofitable as of their potential for huge damage to reputation and the costs involved. There is now plenty of oil available via the land without that exposure to risk.

LNG was a huge money maker for the oil majors back in the day, especially trading to Japan after the Tsunami as the Nuclear sites were shutting down and the big move to gas powered power stations. A lot of this would come from Qatar, Brunei and Nigeria. They are typically your main LNG export countries. Having been out of the industry for a few years now, i'm not sure about the ins and outs of LNG demand now, but I don't suppose those power stations have closed overnight.

Just from reading around, I believe the main contributors for the low share price are, a potentially low LNG price with over supply. This is a very expensive cargo to produce and transport, it used to have high profit margins, but I don't think this is the case any longer. Imagine the costs involved to source and liquify methane to a cryogenic temperature of -163°C and then transport it. If the spot price for LNG is low, then their profits are wiped out straight away :(
Shell is a market leader in LNG and manages LNG operations for Nakilat, Qatar Gas, Brunei LNG and Nigerian LNG, it's a big part of their portfolio. Just google LNG Prelude, a floating Production and storage facility - the biggest of it's type in the world off the North West Shelf in Australia at a cost of about $12 billion.

Also this Cornovirus, this i'm sure will be time bound and out of the way first. But it seems it's slowing down industry and therefore their requirement for hydrocarbons which makes sense I guess. But it has had a bigger affect than I had imagined..

Russia not agreeing to OPEC cuts.. this is also not good - but why should they??