since they decided to pay a div of 1 bob as compared to previous pay of 2.5 bob i guess then people lost touch with it.

I find Total annoyingly slow. At it's best it touches 31 then races back down to 30. I had bought it in 2005 at 50 and had to sell at a loss because it went on a downward trend, never to recover.

i abandoned this ship...left it for the pirates! since their acquisition of chevron assets seems to benefit the newly created outfit and not the kawaida shareholder.

If there is a company that knows how to treat its shareholders then its Total, a lot of goodies during AGM and I remember in 2007, total had this huge party at the Grand regency for the shareholders, they called it a cocktail but it had whole bulls roasting and plenty of booze, do they still hold the shareholders' cocktail?

As a share, the chevron assets will accrue benefits for the shareholders maybe in three years so let the sleeping dog lie.

The switch from the religiously paid dividend of 2.5 to 1 bob best exemplifies the caveat that 'past performance is not necessarily an indicator of future performance'.

@guru - Not too sure that 1+1 always equals 2. The very fact that the Americans pulled out of the market (coz of poor margins?)might mean that the added assets to Total might, in the short term, put a drain on Total's profitability