The Independent: Private Investor: “Last week, I noted that Shell looked a good idea and I am about to take the plunge and buy some more at just over 400p. There are three good reasons to do this…” (ShellNews.net)

2 October 2004

Last week, I noted that Shell looked a good idea and I am about to take the plunge and buy some more at just over 400p. There are three good reasons to do this. First, the macro story of the oil price, generally good news for the oil majors. Second, the China growth story will support the oil price in the long term, even if there's another East Asian crisis in the short term. Third, we have the reform process of Shell, which should mean that the company will at last outperform its peers. Unlike Man U.

http://money.independent.co.uk/personal_finance/invest_save/story.jsp?story=567844