Shell boasts about 54% up on profits

[don4l]

hollydog said:

Not a charity just robbers. That profit on any company is massive and wrong. Bearing in mind that is up 54% on last years profit.Thats some growth. How can any body thing is good apart from shell of corse. These amounts of profits are contributing factor to people loosing there jobs and pushing prices up on other items. That the world just can't afford at this economic time.

Their profit collapsed in 2009. Their profit in 2011 is barely 5% up on their 2007 figures.

Earnings per share are less than they were in 2007.

These figures simply demonstrate that they are recovering from the recession.

Sensible people will see that this is very good news for everybody.

Don
--

[AJS-]

Wow, clean sweep of disagreement with the OP. Reaffirming my faith in humanity a little.

[Haggleburyfinius]

AJS- said:

Wow, clean sweep of disagreement with the OP. Reaffirming my faith in humanity a little.

Give it time...the anti-capitalists are still in bed

[Marf]

[maxrider]

hollydog said:

How can any body thing is good apart from shell of corse.

hollydog said:

loosing there jobs

Opinion = worthless. Nothing to see here.

[Cyder]

Oh dear.

[AJS-]

Haggleburyfinius said:

AJS- said:

Wow, clean sweep of disagreement with the OP. Reaffirming my faith in humanity a little.

Give it time...the anti-capitalists are still in bed

Either that or it's Giro day.

[HD Adam]

Ooohhh, those nasty big companies, making all that profit.

How dare they be so successful, paying all that Corporation Tax and employing people, who in turn pay tax and spend their hard earned on other goods, thus creating more employment and tax revenues.

I'll bet all those nasty bankers are in collusion with them, lighting their cigars with £50 notes whilst they laugh at people like student lefty idiots the OP.

Shame on them

[hollydog]

Iam not the only one that thinks there profits are massive .
http://www.guardian.co.uk/business/2008/jan/31/roy...

And that was back in 08 .

[FloppyRaccoon]

Great! Maybe they'll give me a job in a few years

[AJS-]

hollydog said:

Iam not the only one that thinks there profits are massive .
http://www.guardian.co.uk/business/2008/jan/31/roy...

And that was back in 08 .

Well now you've put in a Guardian link I find myself agreeing with you entirely.

[Du1point8]

hollydog said:

Iam not the only one that thinks there profits are massive .
http://www.guardian.co.uk/business/2008/jan/31/roy...

And that was back in 08 .

2008 is not 2011/12 profits is it.

Thats like saying Lehmam Brothers was the 4th biggest investment bank in the US in 2008... but that doesn't tell you were they are now? Where are they now? How big are they in the US in 2012?

[AJS-]

Du1point8 said:

2008 is not 2011/12 profits is it.

Thats like saying Lehmam Brothers was the 4th biggest investment bank in the US in 2008... but that doesn't tell you were they are now? Where are they now? How big are they in the US in 2012?

And citing Guardian indignation as a justification for getting upset about it.

[king arthur]

hollydog said:

Iam not the only one that thinks there profits are massive .
http://www.guardian.co.uk/business/2008/jan/31/roy...

And that was back in 08 .

So what in your view is the maximum amount of profit any corporation should be allowed to make then?

[BOR]

I'd slap a bit of windfall tax on that straight away. 50% sounds about right.

[thinfourth2]

Excellent

I can charge them more for some valves

[rich1231]

BOR said:

I'd slap a bit of windfall tax on that straight away. 50% sounds about right.

It's lucky you are not allowed out without supervision though.

[scotal]

thinfourth2 said:

Excellent

I can charge them more for some valves

Are you going to actually delvier the valves tf, or just invoice them and hope they don't notice?

[paddyhasneeds]

Hollydog, can you explain your reasoning?

Ignoring that retail petrol sales are a small part of Shell's business, if I pay Shell £1.40 for a litre of diesel and they make 10p (and I don't think they make that much) and the Government takes £1 or whatever the figure is, how are Shell profiteering?

[jshell]

If anyone thinks an oil companies profits are directly related to either petrol or diesel forecourt sales, then they know SFA about the oil industry and are unqualified to comment!!!