By Yvette Essen
Last Updated: 2:48am BST 30/06/2007
Royal Dutch Shell was the subject of a second bullish note in as many days. Credit Suisse repeated its outperform rating on the shares, saying: “ We believe that management still has more options to maximise shareholder value and that the shares look too cheap.”
Raising its earnings-per-share estimates by 2pc in 2008 and 3.5pc in 2009, the broker predicted up to $25bn (£12.5bn) of possible disposals are still to come which, if they are executed well, “could drive the shares closer to fair value, improve operational efficiency and allow staff to be redirected to growth areas”.
The note comes hot on the heels of positive comments from Morgan Stanley, which on Thursday calculated that Shell is undervalued by $120bn. Gains by Shell were also fuelled by continuing strong oil prices, causing the stock to rise 23p to £20.83.
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http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/06/30/cxmktrep130.xml
This website and sisters royaldutchshellplc.com, shellnazihistory.com, royaldutchshell.website, johndonovan.website, and shellnews.net, are owned by John Donovan. There is also a Wikipedia segment.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
