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Forget Bitcoin! I think the Shell share price could be a better way to get rich

RDSB RDSA +1 more RDSB RDSA BTC

I think the Shell share price could be a better way to get rich. In contrast, oil and gas stocks such as Shell (LSE: RDSB) could offer improving share price performance. The company appears to have a low valuation, growth potential and a sound strategy. As such, it may be worth buying alongside another FTSE 100 company that reported a mixed set of results on Tuesday. Shell also seems to offer good value for money at the present time. As mentioned, the oil price has experienced an uncertain period, falling heavily in the final quarter of 2018 before showing strength in the first quarter of 2019. As a result, investors seem to be demanding wider margins of safety for a number of oil and gas majors, with the Shell share price having a P/E ratio of just 9.8.

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Shell starts exploratory drilling for oil and gas off Bulgarian coast

RDSB RDSA

Shell starts exploratory drilling for oil and gas off Bulgarian coast. SOFIA, March 26 (Reuters) - Royal Dutch Shell said on Tuesday it will start drilling an exploration well in a block off Bulgaria's Black Sea coast next month for oil and gas. Shell has teamed up with Spain's Repsol and Australia's Woodside Energy after sealing a contract with Bulgaria in 2016 for deepwater exploratory drilling as part of Sofia efforts to end its almost complete reliance on Russia's natural gas supplies. "With partners and with good data... we started preparation for drilling 18 months ago. This month the rig will move on to the location and we expect to start drilling on April 1," Alexander Kayes, Shell's Bulgaria venture manager, told reporters. In November, French oil giant Total and its partners Austria's OMV and Repsol started drilling a third well in a block next to Shell's block in the Black Sea.

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Is BT’s almost 7% dividend yield safe?

BT-A

Let’s look at telecoms company BT Group (LSE: BT.A) to see if the firm can keep up that mighty almost 7% yield. I reckon businesses are only really worth the cash they can generate from trading and from assets, whether that happens immediately or in the future. It also takes cold, hard cash to pay a dividend, and that’s a good reason to focus on cash-generation when trying to work out a firm’s ability to deliver a dividend income for its investors. High borrowings means big interest payments, which suck the cash away so that not so much of it is available for the dividend. Sometimes, firms pay dividends and keep pushing them higher even when they really shouldn’t. If debts are high and there’s no free cash left over after paying interest and reinvesting in operations, they shouldn’t pay a dividend. But habits are hard to break and many directors seem to worry about damage to a company’s reputation in the investment community. But an unvirtuous circle can soon develop with debts rising even higher, maybe because the dividends are really being funded by more borrowings. If you see that kind of situation unfolding, I think it’s a big red flag and the forward dividend payments could be at risk. If you are caught holding shares in a company that does trim its dividend, you’ll probably suffer a reduced income and capital losses from a falling share price – a double whammy!

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Podcast: An Expected $100B In Services Sales for Apple By 2023, and Two Other Numbers You Need to Know

AAPL

Numbers By Barron’s is a two-minute financial podcast with three vital numbers to start your morning. Apple Services includes iCloud, Apple Pay, Apple music, video streaming, and Apple News “Plus,” a subscription bundled news offering, which will include more than 300 magazines and newspapers.

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Apple is trying to become a 'Netflix of everything,' analyst says

NFLX AAPL

Apple is trying to become a 'Netflix of everything,' analyst says. CNBC VideosMarch 26, 2019, 8:36 AM GMT. Paolo Pescatore, tech, media and telco analyst at PP Foresight, says Apple's big March event represents a "landmark moment" for the company. What to read next.

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Facebook removes accounts from Russia, Iran for 'coordinated inauthentic behavior'

FB

Facebook removes accounts from Russia, Iran for 'coordinated inauthentic behavior'. (Reuters) - Facebook Inc said on Tuesday it has removed more accounts from Iran, Russia, Macedonia and Kosovo, citing what it described as "coordinated inauthentic behavior." A total of 2,632 pages, groups, and accounts were removed from Facebook and Instagram for operations linked to the above mentioned countries, the social media platform said. The accounts tied to Russia were largely removed for spam with a small portion of those engaging in coordinated inauthentic behavior, according to the statement.

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Naspers CEO Bets on Dutch Listing to Fix Tencent Discount

RDSB RDSA

(Bloomberg) -- Naspers Ltd. Chief Executive Officer Bob van Dijk has been working for years to solve a problem rivals might envy – getting investors to value his South African firm nearer to its $133 billion stake in Tencent Holdings Ltd. A plan for a Dutch listing is his boldest step yet. By carving out its international internet businesses, including the 31 percent holding in the Chinese tech giant, for a listing on Euronext Amsterdam, van Dijk hopes to tap a bigger pool of capital and shrink a discount that’s been worsened by Naspers’ outsize presence on the Johannesburg Stock Exchange. The move makes sense, and might narrow the gap between Naspers’ 1.42 trillion rand ($100 billion) market capitalization and the Tencent stake, said Bloomberg Intelligence analyst John Davies. But the bigger challenge for van Dijk will be to show that the firm can strike gold with more of its investments. Naspers might have remained a little-known publisher of newspapers and operator of pay-TV services if not for the decision in 2001 to invest $32 million in an obscure Chinese web firm. While the success of the Tencent investment made Naspers the most valuable company in Africa, its market value suggests investors assign no worth to its other businesses.

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Facebook removes accounts from Russia, Iran for "coordinated inauthentic behavior"

FB

Facebook removes accounts from Russia, Iran for "coordinated inauthentic behavior" ReutersMarch 26, 2019, 8:43 AM GMT. (Reuters) - Facebook Inc said on Tuesday it has removed more accounts from Iran, Russia, Macedonia and Kosovo, citing what it described as "coordinated inauthentic behavior." A total of 2,632 pages, groups, and accounts were removed from Facebook and Instagram for operations linked to the above mentioned countries, the social media platform said. The accounts tied to Russia were largely removed for spam with a small portion of those engaging in coordinated inauthentic behavior, according to the statement.

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Tesla: Tesla changes course, will keep more showrooms open, Auto News, ET Auto

TSLA

FILE- In this Feb. 9, 2019, file photo, a sign bearing the company logo is displayed outside a Tesla store in Cherry Creek Mall in Denver. Tesla said in a statement late Sunday the new plan will mean a three percent rise in the cost of the vehicles, but won't apply that to the lowest-priced Model 3, which is being sold for $35,000. "As a result of keeping significantly more stores open, Tesla will need to raise vehicle prices by about three percent on average worldwide," the statement said. Tesla made the announcement on February 28 that it would begin selling its mass-market Model 3 at the promised $35,000 price, and close most of its retail locations to cut costs. But the company led by Elon Musk said that after review, it had decided to keep some of its showrooms, although the specifics were not disclosed.

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Tesla: Tesla, Elon Musk win dismissal of lawsuit over Model 3 production, Energy News, ET EnergyWorld

TSLA

SAN FRANCISCO: A federal judge in San Francisco dismissed for the second time a securities fraud lawsuit brought by Tesla Inc shareholders alleging that the company made misleading comments about the production status of its Model 3. U.S. District Judge Charles Breyer sided with Tesla, granting the electric vehicle company dismissal of the lawsuit brought in October 2017. It said shareholders bought "artificially inflated" shares because Musk and other executives misled them with bullish statements about the production ramp of the Model 3, failing to disclose that the company was "woefully unprepared" for the vehicle's production. Tesla argued in its defence that it had been forthcoming about challenges with Model 3 production, including repeated statements by Musk that Tesla was undergoing "production hell."

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