The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Personally IMO not worth the risk to sell now.. Its may goto 8 ot 7 in short term but it will be like a short term stretched elastic.. bound to spring back up in next month or two to 10+
Our moron friend has decided to contact the virus.. doesn't sound good. Hope he Is asymptotic
Hey hey. Good to see new blood on the RDSB board.. If its any any consoldiation we have made Bloomberg main headline
https://www.bloomberg.com/news/articles/2020-10-01/shell-shares-fall-to-25-year-low-after-reorganization-update?srnd=premium-europe
More press & these decades low prices.. hopefully brings more PI blood to the game..
Barrieprov: Wait tomorrow for 875-900
I am sitting on 15% loss atm. My advice would be to stay on the sidelines until the headwinds are clear. wait for clear reversal. it could be anyones guess. it could rever today or in a month or two at 500
We need a bounce like HSBS and lloyds. Otherwise the downward direction seems path of least resistence. Lets go to 850 and be done with it RDSB
Will we see 800s today?
The figures are not bad in current climate. They should be able to maintain the current dividend and plus a few billion $ savings in next year or so should help.
Lets see how market takes it. Atleast we dont have to wait till Oct 29. The Q3 earning around 850£million.. job & cost cuttings are good step imo
any chance of bouncy bouncy . way oversold this.. almost at 20 years low price..
In all this doom n gloom, we are forgetting that once the vaccine is approved, there will be spurt of activity. the world wants to get back up and resume activities.. people want to go back to holidays.. oil price will follow the activity.. each to their own..
Hi Gary,
Both amazing companies at really good prices atm. If it helps I am 70% RDSB and 30% BP. Natural gas prices are surprisingly edging and with Shell,s prelude back up (almost) I have a feeling 2nd half 2020 would be decent. Markets always look 6 months in advance and Question is do you foresee people still locked in by spring 2021. I know I have booked my europian holiday already.
funds switching into rdsb safety thick n fast now.. this is bucking the market trend now.. very bullish imo
Seems finally the tech cords are snapping.. Here is to more funds n them BIG GUYS moving into cyclical shares.. probably explains why this remained over red today...
And so were most of the companies in AIM. In fact companies like BHR and RRR had their market caps 10 -20 times the current value.. Currently market is not valueing potential as it used to. Companies like Fogl and char are trading 40% under cash. Considering all this I feel Des is a very dangerous proposition to touch ATM.. All this is ofcourse my opinion and time would tell all..
good accreage and potential but cash of 6£million and market cap of 64£million do not corelate in current environment.. Maybe a cap of 30£million would be more justified..IMO
Fogl has 3d's and a confirmed gas discovery and a Huge accreage and are trading 40% under cash.. I still think Des market cap is way way bloated..It would correct itself in time IMO.. If one is not in Des I think its too dangerous to join in ATM..
is probably the reason SP is weak..
Des got around 6£million cash at the moment so there is a chance we get a placing after some time IMO..
At almost 1.5 year low price with Great CPR released last month.. Good time to jump in..