Diversified Energy Share Discussion Threads

[lomand01] 06/10/2023 04:47

hxxps://theoakbloke.substack.com/p/dec-the-halls

An essential read

[lab305] 05/10/2023 22:27

NATURAL GAS
3.166 +0.204 +6.89%

[1knocker] 05/10/2023 18:26

Well, those of us who bought today can at least console ourselves that even if the dividend is halved, we still get the same percentage return as we would have done if we had bought at the ATH and the dividend remains unchanged.

If the dividend holds, a purchase at 66/67 is a gift, even if the share price does not rise. In fact though the share price must rise if the dividend holds: it is anomalous to be able to buy a sustainable income stream for five year's purchase, rather less than 5 years purchase for those holding in a SIPP. One side or the other of the equation has to move.

So now we cross our fingers and toes, and remind ourselves of Buffet's assertion that he stock market is an instrument for transferring money from the impatient to the patient.

[smidge21] 05/10/2023 18:04

It's called attacking the weak

[smidge21] 05/10/2023 17:33

Added at 66 today. The Co went on record to there not being problems. I'm not sure what else they could have done.Stock caught up in the bond rout maelstrom (as is the case with most of my holdings!!)

[cassini] 05/10/2023 17:06

The worry is that this is a dead cat bounce, but I've still heard nothing to convince me the company has any problems we didn't already know about.

[this_is_me] 05/10/2023 17:01

The large volume supporting the price jump is encouraging.

[cassini] 05/10/2023 16:55

I have found reactions to RNS' can sometimes be delayed towards the end of the day, like someone just got around to reading it!.

I note that the original sell-off on Monday started at 14:30 and today's recovery started at 14:30 also.

Looks like the Yanks drove all of this, one way or another.

[1knocker] 05/10/2023 16:44

I wonder if the initial continued decline in the share price followed by a bigger rally (fingers crossed it is sustained) than we have seen for quite a while merely shows that most of the world took longer to learn of the RNS than those of us who have been following DEC closely?

[cassini] 05/10/2023 16:27

Back in to 80% of my previous holding a few pence cheaper than I sold them.

Hope I don't regret this...

[baker783] 05/10/2023 16:13

Will be back at 80p plus next week and your yield is shrinking.

[aleman] 05/10/2023 15:59

Gas spiking a little to $3.25 seems to be helping. Futures up modestly again.

[stevensupertrader] 05/10/2023 15:34

Do you didn’t sad 😞 case

[adg] 05/10/2023 15:30

You are a complete butthole and so full of yourself it actually makes me want to barff

[stevensupertrader] 05/10/2023 15:22

Did anyone took my hint at 14.40 to buy more ?

[elpirata] 05/10/2023 15:21

Im back in, should easily hit the 80's before next ex div

[topazfrenzy] 05/10/2023 15:19

And here we go, take off imminent

[tonytyke2] 05/10/2023 15:10

Well that looks like a 1.2m sell that was holding things back.

[baker783] 05/10/2023 15:09

Incredible yield at this price. You won't see the chance for long.

[justiceforthemany] 05/10/2023 15:02

hxxps://www.malcysblog.com/2023/10/oil-price-dec-predator-and-finally/

[justiceforthemany] 05/10/2023 15:01

Malcolm Graham Wood very positive on this today. Describes it as a must have investment. Target 175p
Nothing sinister about CFO leaving according to him.

[stevensupertrader] 05/10/2023 14:57

If anyone doesn’t cover his shortings , is at his peril

[stevensupertrader] 05/10/2023 14:40

DEC has touched double bottom and should be on the way up from now .
Volume getting larger and buying more than selling