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ANALYST VIEWS: SHOULD INVESTORS BE SPOOKED BY SHELL’S RESULTS?
MICK GILLIGAN | KILLIK & CO
The short term is negative, although the long-term picture is positive. A plus point would be where Shell’s assets are situated and a shift in their focus towards Asia.
CHRISTINE TISCARENO | S&P
The share price was getting carried away and now people are profit-taking. Investors switched from BP after the problem with the dividend and now they’re more rational.
RICHARD CURR | PRIME MARKETS
Shell’s earnings are not as strong as we would have hoped, a near 50 per cent rise in adjusted profits was positive, however they fall short of our expectations.