"If I am not mistaken, Royal Dutch Shell is one of your basic long term investments. How do you feel about it after its latest announcement?"
David Fuller's view It was certainly a disappointing result if you are long but an opportunity if you are looking to enter this market or add to an existing position. The oil and gas industry is a tough business and the problem was mostly linked to Nigeria, as we have seen for several months and as the International Business Times reports today. If I did anything regarding this share I would buy more after today's drop because RDSB trades at an estimated PER of 9 and yields 5.3%.