Diversified Energy Share Discussion Threads

[westi1] 30/6/2022 13:56

Hi scrawl.


My broker is Fineco.

Do you know if this could be the same?
Divi paid day after?

[scrwal] 30/6/2022 13:25

ii started charging stamp duty at the end of May.
They are also slower to credit divis paid in foreign currency so it will be tomorrow at the earliest if lucky. Used to be always on payment date until late last year.

[holts] 30/6/2022 13:17

Ramellous , I have not done any regular monthly invest, wasn’t aware though they would do comm free on those .

[holts] 30/6/2022 13:16

Time2

That’s interesting the last few this week I’ve done have all had duty in an Isa , not sure I’d A Sipp would change the criteria , was yours within a Sipp ?

[1knocker] 30/6/2022 12:48

My divi (HL) has just arrived. A very satisfying number.
The question now, do I reinvest it all in DEC, or do I buy another load of coal? The big pile in the garden ensures I shall not be cold this winter, but perhaps I ought to think about the following winter too.

[3800] 30/6/2022 12:34

just done a dummy trade ii added stamp duty to that.
3800

[ramellous] 30/6/2022 12:11

Holts, no they do a free regular monthly trading service. I split a few hundred quid over 3 or 4 shares every month commission free. I still get the trading credit on top of that.

[mrnumpty] 30/6/2022 11:44

An indication of how serious the situation for gas supply is becoming is provided on page 20 of today’s Telegraph ( hard copy ) , titled “ Britain to turn off gas flowing to Continent in emergency plan “ . Actually , it’s more likely to be we in the UK who will be hit because , lacking our own UK gas storage facilities ( because the Rough storage facility under the North Sea was rejected by the Coalition Government ) , we rely on gas pumped into Europe during summer , which is then sent to us via interconnector pipes during the winter , but maybe the Europeans will refuse to send it to us . Anyway , the UK Government isn’t without a sense of humour , as they’ve created a “ a new winter energy tsar “ - it seems that Westminster is teeming with the little tsars ( a tsar is born ? ) , but maybe the title is a little distasteful , given that which country created this crisis .

[time 2 retire] 30/6/2022 11:30

HOLTS, apologies, I meant I paid zero stamp duty.

[holts] 30/6/2022 11:18

Zero comm was likely because you get trading credit with II . Unsure about why no divi re inv

[ramellous] 30/6/2022 11:17

time2retire, yes I think that’s why. I take advantage of the monthly free share buys but it is only for uk shares.

[time 2 retire] 30/6/2022 11:14

3800,I bought DEC about 6 weeks ago with II and paid zero commission.
I have a question too, I've tried to tick the divi reinvesting box but unable to do so, is this because it's a US company?

[holts] 30/6/2022 10:49

It charges

[3800] 30/6/2022 09:54

doe's ii still charge no stamp duty on these?
just looked at the header seems it now doe's

[seanworld] 30/6/2022 09:12

End of trading day in my experience.

[westi1] 30/6/2022 08:45

Does anyone know what time DEC divis are paid into their account?

BP. div went in first thing on 28th

[podgyted] 29/6/2022 17:52

Perfect timing.

The market's nuts.

[1knocker] 29/6/2022 16:20

A nice dip just after the divi lands would be welcome. Happy to reinvest divis here. Compounding is the 8th wonder of the world, so they say.

[11_percent] 29/6/2022 12:54

Blackrock keeping this and the other oil and gas shares down.

[asp5] 29/6/2022 07:09

yesterday was another high volume trading day in DEC shares (~4M) with 2 x 900K shares transactions taking place around midday at ~1.10 - you can see the big dip in the charts.

Cerainly not typical/normal activity ......

[aleman] 28/6/2022 17:38

Shorts finishing their shakeout, maybe? The rest are looking a bit steadier, too.

July 2022 contract


free stock charts from uk.advfn.com

[aleman] 27/6/2022 14:27

Here's another way of looking at futures prices. I've taken June and December contracts for the next 10 years to give an idea of seasonal swings, which seem to have moderated. It's getting so that it does not matter at what maturity you sell because they are all pretty much the same.

Dec June
6.49 4.66
5.28 4.38
5.19 4.29
5.08 4.23
5.01 4.21
5.00 4.28
5.05 4.39
5.03 4.51
5.05 4.63
5.18 4.76

[mrnumpty] 27/6/2022 10:55

There is a large article in the Business section of today's Telegraph , titled " France prepares households for electricity rationing this winter " ( [age 19 ) . The article commences " France's top three energy suppliers have called on households and businesses to prepare to ration electricity and gas as Russia's invasion of Ukraine fuels fears of shortages this winter .... " . Back in 2018 , France produced 71.67 % of its electricity via nuclear plants , the highest percentage in the world and , in spite of Brexit , Britain has often imported French electricity in order to make up for shortages when there is no wind or sun for the turbines and solar panels . Nonetheless , I believe that a number of French nuclear plants are temporarily closed for maintenance . Anyway , if France is to have power rationing , they certainly won't be either willing or able to assist us and there are already articles in the Telegraph which state that Westminster is preparing for power cuts ( presumably on a rolling basis ) to six million homes ( ie about a quarter of the population of the UK ) . This is the end result of the insane policy of net zero , with no contingency plans by Westminster , and which I have been convinced for some time will silently kill large numbers of the most vulnerable through hypothermia , but we as investors cannot change a thing in this mad impasse into which we have been led : all that we can do is to attempt to benefit . Incidentally , readers might be interested that I have just found a website called " Natural Gas World " , which provides information about the entire gas industry . Good luck

[asp5] 27/6/2022 08:57

hi smidge - generally I would agree that rebalancing is often used as an excuse. The reason I raised this topic in this particular case is because of below recent activity:

8th June: 2M volume - 2 large trades 231k + 483K shares
9th June: 2,8M Volume - 2 large trades 574K + 494K shares

14th June: 2,1M volume - 2 large trades 772K + 341K shares
15th June: 2,1M volume - 1 large trade 543K shares

Elevated trade volumes can be seen on these days - with big ticket trades that I would associate with a large investor or fund. Given the volumes involved this does not appear a mass sell-off more a rejigging / window dressing ahead of H2.

Lets see how things pan out once we are into Q3, but I suspect share price will strengthen from here.

[smidge21] 26/6/2022 19:31

A better explanation may be the sharp sell off in oil and a poor understanding about the limited unhedged exposure in DEC.