Diversified Energy Share Discussion Threads

[stevensupertrader] 04/10/2023 10:46

There is NO FREE LUNCH in Life for your information .

[renewed1] 04/10/2023 10:23

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

[lab305] 04/10/2023 10:18

May I refer the honorable gentleman to post 5650.

[stevensupertrader] 04/10/2023 10:15

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

[lab305] 04/10/2023 10:10

I didn't know it was a competition.

[johnhemming] 04/10/2023 10:03

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 10:00

My point exactly.

[lab305] 04/10/2023 09:52

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

[stevensupertrader] 04/10/2023 09:44

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

[stevensupertrader] 04/10/2023 09:39

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 09:34

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 09:30

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 09:26

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

[laurence llewelyn binliner] 04/10/2023 09:20

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 09:13

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.

[marksp2011] 04/10/2023 09:03

extreme fear?

I put myself more into a "mildly annoyed" category
I have a balanced portfolio maybe that's the difference?

[topazfrenzy] 04/10/2023 08:48

We are in EXTREME FEAR territory

do what you have to do .....

[stevensupertrader] 04/10/2023 08:47

Fear n greed that make many go under unless one got deep pocket and willing to throw and lost all . This is the materialistic world we are currently living . Money talk . Could be an opportunity but who dare ?
Talking is easy doing is another .

[topazfrenzy] 04/10/2023 08:42

Fear and Greed .. that's how the stockmarket operates

act accordingly

[marksp2011] 04/10/2023 08:22

LabGlobal markets are falling but you want DEC to mount a share buy back to counteract the rise in bond yields and an expected global recession.How do you think that's going to work. Educate us please

[fordtin] 04/10/2023 08:19

On a slightly brighter note, yesterday's 350,000 buyback only cost £259,770, compared to Monday's 350,000 for £276,430. That's a saving of £16,660.

If the current trend continues, they might be able to buy back the entire 97,410,000 shares for less than £10m. A potential saving of £87.4m!

[croasdalelfc] 04/10/2023 08:08

Did those late reported trades 1m at 71.8 and 500k at 72.x mark the low? Let's see