Diversified Energy Share Discussion Threads

[lab305] 16/2/2023 23:11

lomand01 my thoughts exactly. There is always a fair lag between negotiation and announcement so they are keeping their powder dry for something. If they stopped the buyback on Halloween because of this recent deal then it took around fourteen weeks.
Speculation of course but let's hope the next is more favourably received. I remember when if DGOC as it was announced an acquisition the share price rose. Oh happy days!
It seems terribly passé on this board to express dismay over the share price. As soon as a poster complains he is shot down by others telling him what a great share it is because of the dividend. It seemed last year we had finally entered a higher range but the last six months have been deplorable and it will take up to 4 years for some buyers to recoup their losses via dividends . There is no law that says we cannot have dividends and some capital gain. Personally I would settle for stability.

[lomand01] 16/2/2023 18:46

The cap raise decision could not been taken lightly and suspect that the most likely reason was another larger acquisition using the credit facility is not far away. If so I hope it's for non traditional assets in the central area which have the most attractive economics.

[scrwal] 16/2/2023 15:28

The snap share raise has always upset the market with this share.
Doing a share buy back prior to a share raise has once again put doubt into the market place which is never a good thing.
All holders must be hoping that no spurious reporting surfaces a la Bloomberg to stick the knife in.
This could yet again take a bit of time to calm the market.

[stevensupertrader] 16/2/2023 15:19

HIP HIP HORAY

[tom111] 16/2/2023 14:56

I was tempted to buy in before the placing but that now has every thing.Ive seen this all before.The shares will imo be churning for months as placees sell the share price will be around 90p in the coming months AIMHO DYOR

[laurence llewelyn binliner] 16/2/2023 11:10

#1Knocker, ECOR dividend in the pot, recycled here at sub 105p this morning, a rewarding swap of a 5% yield for a 13% one instead and FOC too..

Only a small addition today but they add up over a year, also interesting to note although BP. went XD today, the share has now recovered to positive regaining the typical dividend payout drop in the same day, probably pushing my luck it will hold/rally further ready for a top slice into here post XD at 100/101p, but so far so good..

What catalysts could reverse the trend here..?, the dollar could hit the skids but not this month as we have just had the data, the recent raise/purchase will not complete before 28th, NG1 is trundling along at c2.50, hedges fixed and our XD 02nd, assuming the Tanos deal completes it would be announced on 02nd same as XD day which could impact and is no coincidence I am sure..

The Company announced on 8 February 2023 that it had entered into a purchase agreement to acquire certain upstream assets and related infrastructure in its Central Region from Tanos Energy Holdings II LLC ("Tanos", and such acquisition, the "Acquisition"). The Acquisition is expected to close on 1 March 2023. Should the Acquisition proceed, it is expected to have a deemed effective date of 1 February 2023.

[1knocker] 16/2/2023 10:13

Well done anyone who undercuts the placement price (just a shade further to go, to allow for the stamp duty). The narrow window will have done them a favour!

[bluemango] 16/2/2023 09:46

Dovey, I suspect oilyrag1's post was aimed at #4162, not to you.

[dovey21] 16/2/2023 08:18

A very strange post you've aimed at me! If I knew what your point is and if I knew what you are talking about I would probably respond..I don't. Have a nice day.

[oilyrag1] 16/2/2023 07:40

Well this idiot is making over 9% return in dividends each year and is very happy with his choices of INVESTMENT. I don't give a flying F... about any share price manipulation as it just gives you a better chance to increase your holding gradually.

SST I find your continual drivel boring and so I like most just ignore you and treat you with the contempt that you deserve. You will also notice that I very rarely post these days and will not be reacting to any reply as I don't care what you think because I am a very experienced investor and not a gambler.

[greygeorge] 16/2/2023 01:17

Dovey21 - Do you also have a girlfriend who nobody's ever met because she works away, like a long way away, like in Canada ?

[gisjob2] 15/2/2023 20:14

A decent chance to purchase below £1 in the next week or two looks on the cards.

[stevensupertrader] 15/2/2023 19:05

Another chap talking full of R…..h !!! Goodness me ,I give up on this forum board with a number of IDOITS !!!!

[lord gnome] 15/2/2023 18:59

Oh ye Gods. We've got Steven-not-so-super-trader on here as well now. I've had enough of him on the SNWS thread posting the same sort of drivel. The guy is totally clueless but is happy to give out warnings and advice to people who have forgotten far more than he will ever know. I don't normally lose my rag on advfn, but this clown is the exception.
Just for the record, sunshine, people don't need or want your 'advice' and you are clearly not qualified to give any.

[stevensupertrader] 15/2/2023 18:42

You are absolutely unbelievable and talking
Load of. R…..h !!!!

[greygeorge] 15/2/2023 18:31

atevensuppertreader - And yet having 'played' with your money, you're here bellyaching. blaming everyone else for your poor choices. You're actually lab305 in disguise, aren't you ? Lol. This is exactly how he acted during the last share placing.

[stevensupertrader] 15/2/2023 18:24

grey George - Don’t be rude using tge F…..d word !!!!! Everyone has his/her way to play and invest the money and how the best way for your information!!!!

[gary1966] 15/2/2023 18:22

Been out today but no surprise that the remainder of my order filled at 105p. If it goes down a few pence what does it matter? I know I will have the opportunity to sell my latest purchases for a profit at some point in the future, should I wish to do so. The bigger point is that it produces lots of cash which already for the next two years is guaranteed. Debt is guaranteed to amortise and be paid off in the next 6-7 years. Guaranteed to get a very healthy dividend for at least the next two years. Guaranteed not to go bust because of its' very low operating cost and strong cash flow. Surely this is all that matters.

[fred177] 15/2/2023 17:42

Dovey 21 - breath of fresh air well said

[greygeorge] 15/2/2023 17:14

stevensuppertreader - '...greygeorge - I am no idiot as I gave you myreasons as to why I bought the DeC placing . However , this is a lesson I will learn and I will buy more after ex div date to average down giving me a better chance to get OUT of JAIL ...'

Seriously, if you think you f*'d up the first time, chasing losses is NOT the way to go.

[cassini] 15/2/2023 15:46

'supertrader'?

If you say so.

Or rather, 'IF YOU SAY SO'

[stevensupertrader] 15/2/2023 15:44

I am not advising anyone on this forum board . I am just giving my distaste on DEC after the placing completed .
If anyone felt that I was giving them advice - you got it on the wrong end of the stick .

[marvelman] 15/2/2023 15:34

Steven..your profile says you have been a ADVFN member for less than 2 months. If that is also the length of time you have been a trader/investor then I can understand the naivety of your posts. I would advise, without being patronising, that you should watch and learn from seasoned investors before advising them on their investment decisions. You seem a decent chap and I can tell you we all start the long process of learning only from the very first mistake we make which has cost us money. Regards.