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Ray Merola  

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  • Fear Not: Why The Royal Dutch Shell Dividend Won't Be Cut [View article]
    Thank you for the clarification. Notably, Shell management has stated intent for the Company to buy back $25 billion shares in 2018-2020. These are B shares only. RDS.B shares, plus additional cash, is the consideration for BG stockholders if the acquisition goes through.
    Aug 30, 2015. 05:11 PM | 1 Like Like |Link to Comment
  • Fear Not: Why The Royal Dutch Shell Dividend Won't Be Cut [View article]
    retired358

    I'd be interested in learning what you find if you follow up. My inclination would be that ADR price would follow the overseas prices, including forex. However, I'm unclear on how the GBP and EU interact. These currencies can float against each other, too. RDS trades on both London and Amsterdam exchanges at the same time, same session.
    Aug 30, 2015. 05:07 PM | 1 Like Like |Link to Comment
  • Fear Not: Why The Royal Dutch Shell Dividend Won't Be Cut [View article]
    No argument from me, mjwrona

    RDS offers current yield better than unlevered junk bond funds after fees. Over the years, the Shell share price has tended to settle in a $65 to $75 range. That indicates a 5% mid-range yield.

    Seems like a pretty good risk/reward to me.
    Aug 30, 2015. 01:43 PM | 2 Likes Like |Link to Comment
  • Fear Not: Why The Royal Dutch Shell Dividend Won't Be Cut [View article]
    If the merger is completed, I may delve into some of that. This article touched on some of it; examining a bit of a post-acquisition pro-forma balance sheet.

    Currently, there's too many moving parts and assumptions. I'd like to see what the BG balance sheet looks like immediately prior to the close.
    Aug 30, 2015. 09:16 AM | 1 Like Like |Link to Comment
  • Fear Not: Why The Royal Dutch Shell Dividend Won't Be Cut [View article]
    Booban

    The shares trade on different exchanges, in different currencies. These all float independently. However, you are correct insofar as there is a forex issue; any arbitrage between the issues is typically closed by traders.

    Typically, if the price on one exchange (including forex), got way ahead or behind another, traders and HFT algorithms will find and close the gap.
    Aug 30, 2015. 09:14 AM | 3 Likes Like |Link to Comment
  • Fear Not: Why The Royal Dutch Shell Dividend Won't Be Cut [View article]
    I think so. I linked an article I wrote a couple of years ago that addresses the specific contrast he reference: the RDS dividend versus junk bonds. No further dialogue to that.
    Aug 30, 2015. 09:10 AM | Likes Like |Link to Comment
  • Fear Not: Why The Royal Dutch Shell Dividend Won't Be Cut [View article]
    Plazugbo

    The Super Majors offer financial heft, operational process, and global span. Dividends are strong. These companies are integrated. This offers considerable diversity during cyclical low energy prices.

    Good luck with all your 2015 investments.
    Aug 29, 2015. 11:08 PM | 1 Like Like |Link to Comment
  • Fear Not: Why The Royal Dutch Shell Dividend Won't Be Cut [View article]
    Yes, you got that newest memo. Shell had discontinued the script program, but re-instituted it at the end of 2014 in any effort to defer dividend cash outlay.
    Aug 29, 2015. 09:01 PM | 2 Likes Like |Link to Comment
  • Fear Not: Why The Royal Dutch Shell Dividend Won't Be Cut [View article]
    Thank you DP

    Seeking Alpha readers make the comment board go. I simply try to spur discussion through article content, and respond to as many reasonable remarks as possible to encourage continued participation.
    Aug 29, 2015. 08:59 PM | 3 Likes Like |Link to Comment
  • Fear Not: Why The Royal Dutch Shell Dividend Won't Be Cut [View article]
    Booban

    RDS is traded on the NYSE via ADRs, not ordinary shares. 2 ordinary shares equal 1 ADR. The ADRs trade in USD only. I believe these trade independently versus the shares on the London or Amsterdam exchanges. There's no forex play.

    Even though Royal Dutch Shell is an Anglo-Dutch company, it's a true multi-national. The corporation reports and consolidates all business to USD.
    Aug 29, 2015. 08:56 PM | 2 Likes Like |Link to Comment
  • Procter & Gamble Has Been Pushed Into The 'Buy' Zone [View article]
    We're on the same page, wdchil

    Likewise, I accumulate shares slowly over periods of time; only distributing slowly when prices rise considerably above my view of fair value.
    Aug 29, 2015. 03:46 PM | Likes Like |Link to Comment
  • General Motors Price Action: What The Hell Is Going On Out Here? [View article]
    irish_bob

    Professional groups that evaluate vehicles and motorist opinions tend to differ with that view, JDPowers for one.

    Based upon what facts, valuation methodology or data points do you contend the stock won't reach $40 for years? The shares traded for more than $38 last April. EPS and cash flow is projected to rise.
    Aug 29, 2015. 03:43 PM | 2 Likes Like |Link to Comment
  • Fear Not: Why The Royal Dutch Shell Dividend Won't Be Cut [View article]
    knotscott

    I have not researched Chevron to the extent I have Shell. My first reaction is it's another fine super major, offering a good dividend. I believe CVX is either a Dividend Aristocrat or Dividend Champion. Long-term share appreciation has been right up their with XOM.

    The balance sheet isn't quite as strong as Shell or ExxonMobil. The dividend yield is lower than Shell.
    Aug 29, 2015. 03:40 PM | 3 Likes Like |Link to Comment
  • Fear Not: Why The Royal Dutch Shell Dividend Won't Be Cut [View article]
    Good additional color on the subject, danot. Thank you.
    Aug 29, 2015. 03:35 PM | Likes Like |Link to Comment
  • Fear Not: Why The Royal Dutch Shell Dividend Won't Be Cut [View article]
    DP, thank you for helping and contributing to this comment board and its readers.

    Much appreciated.
    Aug 29, 2015. 03:34 PM | 1 Like Like |Link to Comment
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