Diversified Energy Share Discussion Threads

[johnv] 04/10/2023 13:19

Own these I meant.

[johnv] 04/10/2023 13:18

I don't these, but I have a whole list of companies which are slowly declining on no news. It seems to have affected the whole market.

[1knocker] 04/10/2023 13:11

This is unusual. No sudden drop on a scare story or an announcement, just a relentless decline.

It looks to be a self reinforcing spiral. though i already have a full holding, a while back I placed a limit order to buy at 70, with no real expectation that it would trigger, but thinking that if there was an end of day dip to that level it would be a gift. Last night I got cold feet and pulled the order, my reasoning being that on the facts as known to all of us, there is no more logic in a price of 70 than 80 (or even 100), and no less logic in a price of 60.

the fact is that every purchase that any of us had made over the past six months and more, for which we congratulated ourselves at the time that we had nabbed a bargain, would have served us far better had it been a sell !!

It seems to me that we have reached, long since reached, a point at which even bad news would be welcome because we would then know where we stand and would have the facts upon which to make rational investment decisions.

At present it is like walking down a street in what we believe to be a safe neighbourhood, and wondering why everyone else is looking back fearfully over his shoulder. Is there a mugger with a knife on the prowl, and is he coming up behind me? Its unnerving not knowing whether one should be running like hell or laughing at the fevered imaginations of everyone else, and contrary to nature not to look over one's shoulder too, just in case they have seen something we have missed. A self reinforcing spiral.

[aleman] 04/10/2023 13:09

Meanwhile natural gas continues to rise. Now $3.08.

[kaos3] 04/10/2023 13:02

once upon a time i would think, that share buy back mean no financial problems exists.

the market taught me differently. just an observation

[justiceforthemany] 04/10/2023 12:53

Why would anyone sell on the back of that nonsense?

[cassini] 04/10/2023 12:48

Is that new? I thought that was old news - like a couple of years old...

I'll have to read the article.

[spawny100] 04/10/2023 12:42

Poster on LSE suggests could be due to new ruling on methane emissions. Who knows...

[action] 04/10/2023 12:40

Adp report out today

[action] 04/10/2023 12:37

Today 8% drop is done and finished.Need to wait for Adp job report and Friday job report b4 market decide higher or lower..

[stevensupertrader] 04/10/2023 12:35

My chart projection under 65p - are you losing your marbles ?

[topazfrenzy] 04/10/2023 12:30

Madness! Topped up lol

GLA

[justiceforthemany] 04/10/2023 12:28

Declared short position is just 0.5% which is laughable given the action here.
Buying back shares at these prices is good but who is dumping and why?

[scrwal] 04/10/2023 12:24

If the board thinks the company is undervalued then there is nothing stopping them from stopping the buyback and just using the remaining unused balance to proportionately buy back shares at £1 each for all shareholders. I know it it is less than 0.5% of any holding but at least it is proactive and benefits shareholders who can reinvest the little money they get back into DEC if they wish.
It might shake up the market and maybe give it a boost but this constant downwards trend is now concerning although the board may have absolutely no control over it unless they know something is in the pipeline but that should now be a RNS given the circumstances.

[justiceforthemany] 04/10/2023 12:21

Anyone contacted Investor Relations?

[justiceforthemany] 04/10/2023 12:21

20% down in 48hrs
RNS now required

[pro_s2009] 04/10/2023 12:20

Its a bear market........and shorting packs will attack various stocks now.......

No stock will be immune from their strikes. Easy money in a bear market as lots of sellers, very few buyers and hitting stop losses is simple........

[stevensupertrader] 04/10/2023 12:17

Annual Dividend yield is almost 21% and still rising , can’t believe it. Must be dreaming 😴

[action] 04/10/2023 12:17

I may buy more for 63p . Should see it this week the way it is dropping. Will not be surprised to see below 60p.

[action] 04/10/2023 12:12

Yesterday 70p was not achievable. Now 67p..

[bluemango] 04/10/2023 12:10

Looking like possible capitulation point - but there's no way I'd stick my neck out and say it's the bottom.

No way of telling.

[stevensupertrader] 04/10/2023 12:09

DEC needs an RNS to calm this, short of an RNS will cause share price to fall further each day even with Co. daily Buyback .
Dividend yield is rising whereas share price is falling thus getting further apart.
At the present time , even the brave souls won’t dare to buy because they know each time they buy , the share price falls as there is a saying ‘Only Fools Rush in ‘ at this time

[action] 04/10/2023 12:08

Bid is higher ..must be auction