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Alan Green talks Itaconix #ITX, Airtel Africa #AAF & Shell #RSDSB on Vox Markets podcast
Alan Green talks Itaconix #ITX, Airtel Africa #AAF & Shell #RSDSB with Justin Waite on the Vox Markets podcast. Interview is 24 minutes 35 seconds in.
Atlantic View – Streamlining and Resilience Have Laid The Foundations For Recovery at Shell #RDSB
Adjusted earnings came in at $638 million, with $6.5 billion in cash flow from operations and $243 million of free cash-flow. Return on Average Capital Employed (ROACE) came in at 5.3%, while gearing is now at 32.7%. Total dividends distributed to Royal Dutch Shell plc shareholders in the quarter were $1.2 billion. An interim Q2 dividend of US$ 0.16 per A ordinary share and B ordinary share was declared.
Royal Dutch Shell Chief Executive Officer, Ben van Beurden said that Shell “has delivered resilient cash flow in a remarkably challenging environment.”“We continue to focus on safe and reliable operations and our decisive cash preservation measures will underpin the strengthening of our balance sheet.”
He added that a number of new working practices had “accelerated digitalisation across the company”..while the oil giant’s high-quality integrated portfolio, disciplined execution and forward-looking strategy “enable sustained competitive free cash flow generation.”
Chart and Technicals
RDSB shares suffered a precipitous COVID driven fall in February / March 2020, briefly touching below £9 per share – a 30+ year low. The stock recovered the 50-day moving average at the start of April, and intermittently held that level until late June. Given the stock is trading at these historic lows, if Shell recovers and holds the 50-day moving average, currently at 1264p, our next target will be the gently falling benchmark 200-day moving average, currently at 1,725p.
Summary and Atlantic View
A darling of the FTSE100, and up to recently, a cornerstone investment among leading fund managers, the COVID crisis has seen Shell battling a seemingly existential crisis on a par with the challenges face by the venerable oil giant during WWII. However, the company has delivered a remarkably resilient performance during the depths of the crisis, and as CEO Ben van Beurden said in his Q2 results statement video clip, cash preservation (£1.1bn reduction in opex), streamlining and digitalisation have all been prioritised during the quarter, and these will in turn enable sustained competitive free cash flow generation going forward. As travel and movement starts to pick up on the back of expectations of vaccines and effective testing measures for COVID, it is reasonable to expect that energy and resource companies will start to return to some semblance of normality. Historically Q3 has been a strong earnings quarter for Shell, and with the measures management have already taken to streamline the company, Atlantic Capital Markets are backing Shell as a recovery play, firstly to regain the moving 50-day level at 1264p, and shooting for the 200-day benchmark by the end of the year. There is the added dividend bonus to boot, and although the payout was cut from 47 cents to 16 cents in Q1, (same for Q2), investors can still pick up the stock and collect the Q2 payout before the August 13 ex-dividend deadline. Atlantic Rating: Buy.Atlantic Capital Markets Month Ahead – July 2020
Alan Green talks to John Woolfitt, Director at multi award winning broking and investment firm Atlantic Capital Markets. John looks forward to the coming month, and discusses US job numbers, Boris and Build Build Build, and the raft of UK job cuts. He then discusses ‘Covid’ stocks, including Novacyt #NCYT, upcoming key corporate announcements for July, including Royal Dutch Shell #RDSB and Hutchison China Meditech #HCM and trading ideas from the Atlantic dealing floor. John finishes with a recap on key points and trading ideas to help traders and investors in July.
After 1 hour 12 minutes, Alan Green talks Blue Prism #PRSM, Shell #RDSB, Braveheart Investments #BRH & Tiziana Life Sciences #TILS on Vox Markets podcast
Alan Green talks Blue Prism #PRSM, Shell #RDSB, Braveheart Investments #BRH & Tiziana Life Sciences #TILS on Vox Markets podcast. 1 hour 12 minutes in.
Alan Green on why you should still hold Shell #RDSB, plus Capita #CPI & Braveheart #BRH on UK Investor Mag podcast
Alan Green and Jonathan Roy discuss why you should still hold Shell #RDSB, plus Alan discusses Capita #CPI & Braveheart #BRH on the UK Investor Mag podcast.
Alan Green discusses bank divi cuts, i3 Energy, Bidstack & Destiny Pharma with Jonathan Roy on the UK Investor Magazine podcast
Alan Green discusses bank divi cuts, i3 Energy #I3E, Bidstack #BIDS & Destiny Pharma #DEST with Jonathan Roy on the UK Investor Magazine podcast.
Alan Green talks market stimulus, oil stocks incl #RDSB & #I3E, plus the Coronavirus battle & #ORPH on UK Investor Magazine podcast
Alan Green talks market stimulus, oil stocks incl Royal Dutch Shell #RDSB & i3 Energy #I3E, plus the Coronavirus battle & Open Orphan #ORPH on UK Investor Magazine podcast. Click on the image to listen.
Alan Green talks market crash, Oil, Banks, Insurers and Coronavirus on the UK Investor Magazine podcast
Alan Green talks market crash, Oil, Banks, Insurers and Coronavirus with Jonathan Roy on the UK Investor Magazine podcast. Stocks covered include Shell #RDSB, #Aviva #AV, Legal & General #LGEN, Novacyt #NCYT, Tiziana Life #TILS and others.
Alan Green & Sarah Lowther discuss the market crash, lessons from China, plus an array of stocks including Tiziana Life #TILS & Open Orphan #ORPH on the Total Market Solutions podcast
Alan Green Joins Sarah Lowther To Talk All Things Markets
During this weekend podcast, and in the wake of a colossal fall, we look at markets which ended the week on Friday the 13th, so far we’ve witnessed an emergency rate cut by the bank of England as the FTSE had its worst day in 33yrs.
Alan Green shares some insight on the most recent events surrounding Corona Virus, as he extrapolates what he can from the lessons in China, the initiative adopted by the UK plus an array of market opportunities, on the assumption one assumes a strong stomach and constitution toward volatility!
Stocks covered include #AZN #GSK #TILS #ORPH #RDSB #TSCO #SBRY #OCDO #JDW
Alan Green talks market crash, scaling in, Shell #RDSB, Open Orphan #ORPH & Eddie Stobart #ESL on Vox Markets podcast
Alan Green discusses the market crash, scaling in, Shell #RDSB, Open Orphan #ORPH & Eddie Stobart #ESL with Justin Waite on the Vox Markets podcast. Interview starts 9 minutes 49 seconds in.