Thread regarding Shell Oil layoffs

Predictions on London Delist and NY Relist?

Wael’s first sprint to close the stock price gap with its American rivals has been largely unsuccessful.

Next option is to delist from London (where we are the largest listed company, which speaks volumes to how bad the London capital markets have gotten) and relist in US. Unlikely to be the big reveal of March’s capital markets day, but certainly will be a much more frequently used talking point in Wael’s next sprint.

Predictions on when it’s announced Shell will relist on NY Stock Exchange? After that happens, predictions on when Shell gets added to S&P 500? After that happens, predictions on when the GD bloodletting will stop for a few years and we can actually grow this business into something the consuming public (and investors) actually want!

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| 2711 views | | 8 replies (last December 30, 2024) | Reply
Post ID: @OP+1w0WDtJt

8 replies (most recent on top)

Shell UK (ticker symbol SUK) will list on the newly launched Texas stock exchange.

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Post ID: @elci+1w0WDtJt

Maybe Wael should consider moving Shell to the New Delhi market, as all the new positions are based in India.

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Post ID: @arib+1w0WDtJt

remember location of primary listing (shell already has secondary listing on NYSE via ADRs) doesn’t affect cash flow. Wael can use extra cash to buy back shares at dirt cheap prices right now. . . use shares as compensation to high job grades to fuel cash flow, then use that cash flow to buy those same shares back on the cheap.

actually that makes no sense. not sure what the he-l management is playing at

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Post ID: @apuv+1w0WDtJt

Skipping NYSE and going to Texas stock exchange! Ha.

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Post ID: @5ubq+1w0WDtJt

I bet he’s desperate to get the bp merger done so he can claim he achieved something that just firing people.

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Post ID: @3aki+1w0WDtJt

It’s partly because Shell has always been very inefficient and still has far too many people in central offices but is mainly because Wael has no vision or clear strategy for the company. Moving the stock listing isn’t going to change any of that.

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Post ID: @2uyz+1w0WDtJt

Like Peter Voser, useless CEO

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Post ID: @wya+1w0WDtJt

wael is hopelessly chasing exxon

he doesn’t understand that shell investors are and always have been after dividends

to be fair, BVB did a lot of damage to that by freezing the dividend and has tied one hand behind Waels back with deeply unprofitable climate commitments that he can’t get away from

older LT also stuck us with horrible stuff like offshore wind and EV charging

he’s gonna need much bolder moves and very soon to change our image towards being a growth stock. i don’t think he has it in him. all he knows is cuts - assets and people

he’s too chicken to invest in new traditional assets and too chicken to invest in new areas like nuclear or geo thermal or ai data centers. over and over we hear from leaders that we will return to basics - well that won’t do anything for the stock price

perhaps all he hopes to do is pad the numbers before bailing but can’t even manage that? really pathetic showing so far. so much blood spilling for nothing. next two years will make or break him

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Post ID: @kra+1w0WDtJt

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