Diversified Energy Share Discussion Threads

[spawny100] 04/10/2023 10:55

Oof this is looking even more ugly than most. No smoke without fire imo.

[elpirata] 04/10/2023 10:17

bluemango previously called DEC out for non issuance of a 'no reason' RNS, and here's the last para of the 18 Sept board changes RNS

Shareholder Engagement

The Company places great value in fostering long-term relationships with shareholders and, as part of its investor relations efforts, maintains open and transparent dialogue to proactively address issues important to its shareholders.

coughs...

[action] 04/10/2023 10:17

Below 70p??

[stevensupertrader] 04/10/2023 10:07

DEC broken 70p - now trading under 70p .
More pain to come . DEC boards need an RNS otherwise the market capitalisation will keep on dropping. Capitulation and Amargeddon follow

[stevensupertrader] 04/10/2023 09:48

Been telling everyone here for the past week that DEC train is running away out of control with the driver fallen asleep at the wheel . Many on this board never listen then

[stevensupertrader] 04/10/2023 09:46

There is NO FREE LUNCH in Life for your information .

[renewed1] 04/10/2023 09:23

Cant believe I found it so difficult to buy a 5% return every 3 months!!!

[lab305] 04/10/2023 09:18

May I refer the honorable gentleman to post 5650.

[stevensupertrader] 04/10/2023 09:15

Why you just write one or two sentences . Can you write and elaborate what you are trying to tell ?

[lab305] 04/10/2023 09:10

I didn't know it was a competition.

[johnhemming] 04/10/2023 09:03

The problem is that in many ways this stock should price as a bond, but it tends to price as an equity and follow the market. Then when there are automated stop losses when there is a general market movement down this kicks down further.

[lab305] 04/10/2023 09:00

My point exactly.

[lab305] 04/10/2023 08:52

Steven. Perhaps a course in English may be to your benefit.

[stevensupertrader] 04/10/2023 08:44

No one can buck the market famous Margaret Thatcher words . Dec Buyback currently is just throwing good money away

[stevensupertrader] 04/10/2023 08:39

Norman Lamont , Chancellor of Jan Major, tried to defence by raising interest rate and George Soros sold the £ at that time ( maybe you were young at that time and didn’t know this ) Eventually George Soros broken the Bank of England . No one can buck the market even how wealthy a Company is !!!!

[stevensupertrader] 04/10/2023 08:34

Lab305,
One cannot buck the money as what Maggie Thatcher famous words . How can DEC mounts a share buyback or throwing valuable money into falling shares . Can’t you see the capitalisation value of DEC assets has fallen in the last few months over 20% and still falling this making DEC less valuable

[lomand01] 04/10/2023 08:30

Agreed. It's the old dilemma of investment vs BB's. Any acquisition would have to be @ PV 20-30 though to compete with "risk free" 12% from a BB... interesting dilemma

[lab305] 04/10/2023 08:26

Well the last so called "accretive " purchase has cost us very dear.

[laurence llewelyn binliner] 04/10/2023 08:20

Waiting for next over leveraged player to become a forced seller of assets and then picking up their portfolio of accretive gas reserves would be a better use of capital IMO, after all we are trying to build and grow the company not shrink it.. :o)

[lab305] 04/10/2023 08:13

marksp2011 Don't take that highhanded tone with me. There are many holders clamouring for the buybacks to be more consistent and sustained. You blame the rise in bond yields for the present woes . Rubbish. I want Dec to mount a share buyback to counter the large institutional seller that has been disposing of stock for some time. Those disposals need mopping up with matching firepower.
Since Dec has very long term borrowing agreements in place they are to a large extent shielded . There will always be some contagion from the wider market but this company has dropped 50% in a 13 months , a company by the way that is largely hedged with high visibility going forward . Since its profits are fairly predictable and gas is rising it can easily afford to buy shares thereby now saving close to an eye watering 18% on every dollar spent. Even if it had to borrow at 8% it would still be 10% better off. It's a no brainer.