Statoil, Norway’s state oil company has become Equinor.
The move from fossil fuels to an energy company
Statoil, Norway’s state oil company has become Equinor.
The move from fossil fuels to an energy company
On Monday 26th March, Royal Dutch Shell paid its quarterly dividend to its shareholders:
www.shell.com
it was:- 33.91p a share:-
RDSA | Royal Dutch Shell A | FTSE 100 | $0.47 (33.91p) | 26-Mar |
RDSB | Royal Dutch Shell B | FTSE 100 | $0.47 (33.91p) | 26-Mar |
http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=133655
Shell A
http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=133755
Shell B
Now, 33.91p to shareholders has cost Shell:-
Royal Dutch Shell plc’s capital consists of 4,597,136,050 A shares and 3,745,486,731 B shares, each with equal voting rights. Royal Dutch Shell plc holds no ordinary shares in Treasury.
The total number of A shares and B shares in issue is 8,342,622,781
https://irssl.euroinvestor.com/asp/ir/IRM_Shell/ssl2017/NewsRead.aspx?storyid=13830315&ishtml=1
8,342,622,781 x £0.3391 = £2,828,983,385.04
That is £2.828 Billion. Delicious.
£2,828,983,385.04 |
Shares | Company | Percentage of Company Owned | Cost $m | Market Price $m |
151,610,700 | American Express | 17.60% | $1,287 | $15,056 |
166,713,209 | Apple | 3.30% | $20,961 | $28,213 |
700,000,000 | bYD Company | 6.80% | $5,007 | $20,664 |
53,307,534 | The Bank of New York Mellon | 5.30% | $2,230 | $2,871 |
225,000,000 | BYD Company | 8.20% | $2 232 | $1,961 |
6,789,054 | Charter Communications | 2.80% | $1,210 | $2,281 |
400,000,000 | The Coca-Cola | 9.40% | $1,299 | $18,352 |
53,110,395 | Delta Airlines | 7.40% | $2,219 | $2,974 |
44,527,147 | General Motors | 3.20% | $1,343 | $1,825 |
11,390,582 | The Goldman Sachs Group | 3.00% | $0 654 | $2,902 |
24,669,778 | Moody’s | 12.90% | $9 248 | $3,642 |
74,587,892 | Philips 66 | 14.90% | $5,841 | $7,545 |
47,659,456 | Southwest Airlines | 8.10% | $1,997 | $3,119 |
103,855,045 | US Bancorp | 6.30% | $3,343 | $5,565 |
482,544,468 | Wells Fargo | 9.90% | $11,837 | $29,276 |
Total | $ 74,676 | $ 170,540 |
ISA Selection, a broad and diverse range of funds are from Legal & General PLC
https://www.legalandgeneral.com/investments/products-and-funds/
Multi-Index 3
Multi-Index 4
Multi-Index 6
Global Technology Index
http://i.legalandgeneral.com/consumer/investments/products-and-funds/index-tracker/investments-productsandfunds-indextracker-fund-globaltech.jsp
Global 100 Index Trust
http://i.legalandgeneral.com/consumer/investments/products-and-funds/index-tracker/investments-productsandfunds-indextracker-fund-global100.jsp L&G Asian Income Trust
http://i.legalandgeneral.com/consumer/investments/products-and-funds/actively-managed/equity/investments-productsandfunds-activelymanaged-equity-fund-asianincome.jsp
L&G Worldwide Trust
Emerging Markets Index Fund
High Income Trust
Distribution Trust
The JPMorgan Russian Securities Investment Trust is a £275m London Listed Investment Trust.
Top 10 Holdings:-
Sberbank of Russia Financials 18.3% of the fund
Gazprom ADR Energy 14.7% of the fund
Lukoil ADR Energy 8.8% of the fund
Rosneft GDR Energy 6.1% of the fund
Novatek GDR Energy 6.0% of the fund
Norilsk Nickel ADR Materials 5.3%% of the fund
Tatneft including ADR Energy 4.9% of the fund
ALROSA Materials 2.7% of the fund
Polyus GDR Materials 2.2% of the fund
Novolipetsk Iron & Steel GDS Materials 2.1% of the fund
http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=52883
3.9% yield.
http://www.berkshirehathaway.com/letters/2017ltr.pdf
The investment company of Warren Buffett
“
To the Shareholders of Berkshire Hathaway Inc.:
Berkshire’s gain in net worth during 2017 was $65.3 billion, which increased the per-share book value of
both our Class A and Class B stock by 23%. Over the last 53 years (that is, since present management took over), pershare
book value has grown from $19 to $211,750, a rate of 19.1% compounded annually.*
The format of that opening paragraph has been standard for 30 years. But 2017 was far from standard: A
large portion of our gain did not come from anything we accomplished at Berkshire.
The $65 billion gain is nonetheless real – rest assured of that. But only $36 billion came from Berkshire’s
operations. The remaining $29 billion was delivered to us in December when Congress rewrote the U.S. Tax Code.
(Details of Berkshire’s tax-related gain appear on page K-32 and pages K-89 – K-90.)
”
The internet retailing giant.
https://www.nasdaq.com/symbol/amzn
Its market capitalisation is now over $650bn dollars.
How many millionaires do you know who have become wealthy by investing in savings accounts…. (A quote from Robert Allen)
The reality is that cash and bank deposits are low risk and fine for near term spending requirements and emergency funds but they won’t build wealth over long periods of time.. Despite periodic setbacks (1929 Crash, 1987 Crash, 2008 Global Financial Crisis), shares and other growth assets provide much higher returns over the long term than cash and bank deposits.
AEW UK Long Lease REIT aims to offer investors a secure, diversified and inflation-linked income return, whilst at least maintaining capital values in real terms, through exposure to alternative and specialist real estate sectors in the UK.
It currently holds 11 real estate assets:-
http://www.aewukllreit.com/properties/property-portfolio/all-properties
http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=54582471&action=
Another month, guess what, take a lucky guess, it is the same old story, HM Government, spends more money than it receives via taxes and duties. Another deficit month, thus to bridge the gap, needs to borrow on the bond market.
In Feb 2018 , the HM Government had to borrow money to meet the difference between tax revenues and public sector expenditure. The term for this is The PSNCR: The Public Sector Net Cash Requirement.
There were “only” 2 auctions of Gilts (UK Government Bonds) by the UK Debt Management Office (http://www.dmo.gov.uk/) to raise cash for HM Treasury:-
22-Feb-2018 0 1/8% Index-linked Treasury Gilt 2036 3 months £950.0000 Million
15-Feb-2018 1¾% Treasury Gilt 2057 £2,562.6800 Million
∑(£950.0000 Million + £2,562.6800 Million) = £3512.68 Million
Million
£3512.68 Million = £3.51268 Billion
On another way of looking at it, is in the 28 days in Feb, HM Government borrowed:-
£125 million each day for the 28 days.
We are fortunate, while the global banking and financial markets still has the confidence in HM Government to buy the Gilts (Lend money to the UK), the budget deficit keeps rising. What is also alarming, is the dates these bond mature 2036 and 2057. All long term borrowings, we are mortgaging our futures, but at least “We Are In It Together….”