Diversified Energy Share Discussion Threads

[owenski] 18/8/2022 21:52

The question is why did you sell?

In three years you haven't made much capital gain but you've had a super income yield.

If the object was to hold an income stock of this quality of payout and nothing in that investment case story has altered then why sell.

[1knocker] 18/8/2022 21:25

Don't fret Dove, and don't chase. In this market, if you miss one bus (or hop off at the wrong stop) you can be sure that another will be along fairly soon. Wait for the market to come to you.

[woodhawk] 18/8/2022 21:22

We've all done it! Works both ways - sometimes you luckily sell up just before a big retrace. Swings and roundabouts.

[renewed1] 18/8/2022 21:09

Oh dear....Dovey!!!!

[dovey21] 18/8/2022 20:33

Kicking myself for selling last week. Held for 3 years.

[asp5] 18/8/2022 18:45

Over 9M shares traded today - typical daily range is 1M to 2M. In the last 3 or 4 weeks we have seen daily volumes of 12M, 7M, 6.5M etc. way higher than normal.

Given DEC are preparing the ground for a listing then they will have been pitching to funds/investors ahead of any listing. In an earlier post I mentioned that supply/demand dynamics would help support the share price. I believe this is what is playing out.

I also think the timing of the rise is related to the ex-div date of Sept 1st. If a fund/investor is going to take a position then doing so just before a divi is paid maximises returns.

The good thing is returns would still be 6+% even if share price reached NAV of $2.82 - which would put DEC into the top bracket of divi paying shares in the US.

[1knocker] 18/8/2022 15:59

There are plenty of people drooling over companies like i3 on account of its dividend though it is only a fraction of the DEC dividend, and nothing like so secure.

I have said many times on this board that DEC's double digit div might actually deter purchasers. Certainly when I started buying several years ago I was sceptical, and wondered if it was in the 'too good to be true' category, and a value trap.

The accounts are pretty impenetrable as the accounting conventions lead to some rather bizarre figures. It have had a stack of dividends, and my confidence has risen to the point that this is now my largest single holding.

It may be, paradoxically, that if the share price rises to the point where the dividend looks more 'normal', that will fuel further buying interest and a further share price rise. Even if that proves to be wishful thinking, I am more than happy with a price 42% over my average purchase price, and a stonking dividend rolling in 4 times a year.

Fingers crossed of course, but I think we can congratulate ourselves for investing in DEC, and riding out the scare stories which seem to come around once or twice a year, or using them to top up cheaply.

[cassini] 18/8/2022 15:57

The energy sector is on the move today.

BP up 2.6% as well, only a little less than DEC.

[aleman] 18/8/2022 15:50

Sept 2022


free stock charts from uk.advfn.com


Sept 2024


free stock charts from uk.advfn.com


Sept 2026


free stock charts from uk.advfn.com


Sept 2028


free stock charts from uk.advfn.com

[smidge21] 18/8/2022 14:59

Quite; you don't get forward secure yields of 10.5%; yield is either (much) less secure that I think or (way) too high

[my retirement fund] 18/8/2022 14:05

It does feel a bit like a re-rating is underway

[johnhemming] 18/8/2022 13:57

People who sold because of a non-cash loss are likely to buy on a non cash profit. Its good value anyway.

[cassini] 18/8/2022 13:25

We're well above the trend channel from the start of the year.

I wonder if this is a rerating?

[viscount1] 18/8/2022 13:20

I bought a small holding in DEC as a long term fossil fuel underinvestment play a few months ago.

Nice price run-up recently but I am not sure why.

[shanklin] 17/8/2022 12:34

Thank you Mattybuoy re post 3369

[my retirement fund] 17/8/2022 00:11

A good set of directors buying, they know a bargain when they see it

[1knocker] 16/8/2022 23:43

Happy days. My average is just under 100p. I wish all my holdings were showing a 36% profit and paying a dividend of 11% on that current price.

[podgyted] 16/8/2022 19:45

Another high volume day.

Suffered a bit in the UT at the end of the day.

Nat gas up over 6% in the US tonight (Sept contract) - looking forward all contracts are over $5.5 into 2024 and up at least 3%.

Looking good for tomorrow.

[mattybuoy] 16/8/2022 19:37

In simple terms you can divide Henry Hub by 10 to get the dollar price per Therm. Various places also quote the Dutch TTF gas price in $/MCF e.g. $65 yesterday.

Even at $9 Henry Hub the arb is still huge.

[clive7878] 15/8/2022 20:58

With a potential 11% yield the share price could well be on a further run.

[woodhawk] 15/8/2022 08:24

Lots of time to see how far this leg takes us with another nice fat divi due soon!

[lord gnome] 15/8/2022 08:13

New ATH this morning. Clear blue sky above. How high can we go?

[carcosa] 15/8/2022 07:01

"There will be many funds in the US that are limited to invest in US equities that could now invest into DEC"

Makes no difference. DEC remains a UK listed company.

"if the investor base increases significantly "
That's a very big "IF". Experience over the years shows that rarely to be the case. Any serious investor or Institutional Investor has ready access to overseas shares.

"I do believe some form of one off equity raise"
Absolutely not going to happen and no need for it to happen. Listing in US would be done via existing cashflows.

"expect to have paperwork completed for this around Se[p]tember"
They said pretty much the same 12 months ago, and 18 months ago. The fact it has taken this long implies the company does not see it as a major priority.

"The US listing is extremely bullish news in my view."
Positive yes, but extremely bullish I very much question unless you are referring to a blip in the share price.