RE: How it goes !!31 Jan 2020 13:30
large funds will continue to invest in Shell, short, medium term and long term 10ys+ the divi is excellent, Shell are positioned to benefit from oil price increases over time, have plans for diversity and aim to provide shareholders with increased value, anyone who writes off oil etc due to short term moves may well consider investing in renewables. As we know alternative energy supplies do not offer security of supply, are not profitable currently or in the medium term and require huge investment for an uncertain outcome. Shell are positioned and proftable to be able to take advantage of current trends and any new ones that may appear in time, it will be some time before there are serious alternatives to oil and gas, the political speak as stated by BP's ex CEO is not in touch with the reality of how business can transition, it takes investment, profits and time and most companies are not able to fully manage all these aspects, Shell can and will handle the deveopments going forward imo and short term moves in the sp are just that, on a technical (charty) basis RDSB is now into well oversold territory, I look forward over coming sessions to see it move out of oversold as cheap shares are secured at these levels :-)