Diversified Energy Share Discussion Threads

[laurence llewelyn binliner] 05/12/2023 09:09

Have the buy-back shares been cancelled or held in treasury..?

[edit] for the purposes of the Financial Conduct Authority's Disclosure Guidance and Transparency Rules, the total number of ordinary shares of 1p each in the capital of the Company in issue as at 30 November 2023 is 964,476,699 with each ordinary share carrying the right to one vote. There are no ordinary shares held in treasury and therefore the total number of voting rights as at in the Company as at 30 November 2023 is 964,476,699

To satisfy any demand on 11th, US buyers will have to buy from UK holders, US brokers brokers buying from UK brokers to resell..? as there was/is no raise or US stock issuance..

[bountyhunter] 05/12/2023 09:00

At least the daily chart here is correct!

[ramellous] 05/12/2023 08:20

Yeah my ii account says my holding is up nearly 2000% since yesterday. I got a shock when I saw my sipp balance this morning

[fordtin] 05/12/2023 08:06

Wish the chart would do that without consolidation!

[bluemango] 04/12/2023 23:14

Dividend per share should be x20 to equate to same payment as pre-consolidation, I make that 20x 0.04375 a quarter = 0.875 per quarter or 3.5 USD a year, about 2.77 GPB at current exchange rate. Share price should be around £12.88 (20x 0.644), therefore yield in a SIPP with no WHT is over 21%.

[1knocker] 04/12/2023 20:37

Historically the time to buy O and G shares has been during COP carnivals. Dire warnings and empty promises (threats?) and boasts of progress toward net zero abound, share prices fall, and a few months on we read that Coal /Oil /gas or whatever consumption over the past 12 months has been the highest in recorded history.

[laurence llewelyn binliner] 04/12/2023 09:45

Consolidation day tomorrow, or reverse split as IB are calling it.. :o)

GM vote passed, record time for consolidation also now water under the bridge..

Interesting times from here to the 11th and US trading..

[scubadiverr] 02/12/2023 19:36

And then you'll have more than DEC's share price to worry about!

[tag57] 02/12/2023 19:06

Looks like DEC is already doing a lot of what the new law will require anyway.

[justiceforthemany] 02/12/2023 18:25

& Trump will just reverse all those green policies in less than a year's time.

[justiceforthemany] 02/12/2023 18:19

hxxps://www.hartenergy.com/exclusives/diversified-energys-case-being-right-company-right-time-watch-207375

[marksp2011] 02/12/2023 18:08

Going to be a rocky day on Monday given the Biden and EPA announcement re Methane.

[fluffchucker1] 02/12/2023 16:29

Essential reading. Excellent as usual from the Oak Bloke

hxxps://open.substack.com/pub/theoakbloke/p/dec-tecting-fact-and-fiction?utm_source=share&utm_medium=android&r=19pp7m

[renewed1] 02/12/2023 10:15

homboid
Try looking at the history of a whole series of Lloyds preference shares in the last deacade.

[marksp2011] 02/12/2023 10:08

Interesting thing on Bberg last nightMark to market loses on short portfolios reported in US 2023 YTDWait for itUSD 120 Billion

[fardels bear] 02/12/2023 08:47

I think you'll find that the div is at the high figure is because, in common with the whole oil and gas sector, the market is at unrealistic lows. So when your share price is dropping through no fault of your own the last thing you can afford to do is cut your div, particularly if it's well covered. And perhaps you should review your count of intelligent board contributors, and knock one off your total.

[teleman2] 02/12/2023 00:34

I think this has been done to raise money blown their chances over here

[nametrade] 01/12/2023 23:19

Yancoal are giving great divis also… 27% in 2022…

[aleman] 01/12/2023 22:31

jftm - EPS is meaningless here. It's an accounting construct that does not really suit the business model so it swings wildly with hedging derivatives. You should really concentrate on the cashflows.

homboid
1 Dec '23 - 21:32 - 6440 of 6441

I’m not familiar with any investment that offered a 20%+ yield & that didn’t subsequently implode…delighted to hear any examples.

SDV could be bought for 36p in March 2009, the year the dividend was cut from 13.5p to 7.3p. The following year saw it cut to 6.0p, after which it rose again to the current 12.6p. Not quite as profitable but SHRS could be bought for 99p before they cut the dividend from 19.75p to 12p - now 14.2p.

[justiceforthemany] 01/12/2023 21:56

Some intelligent people on here and hopefully some from the financial sector...would be good to know your EPS figure.
rhombold if your right then Malcolm Graham Wood, the veteran oil and gas analyst who speaks often with the company is a complete fool and knows nothing at all.

[rhomboid] 01/12/2023 21:32

I’m not familiar with any investment that offered a 20%+ yield & that didn’t subsequently implode…delighted to hear any examples

For clarity I’ve never owned DEC…or shorted it…but it’s a business that I find interesting..in a bad way

Everyone here is fixated on the cheese in the mousetrap

[justiceforthemany] 01/12/2023 21:23

If EPS truly is around 50p it tells you why they can afford to pay an annual dividend of c.14p
I have unloved, manipulated FTSE shares trading at just 3 or 4x earnings [Barclays, PAF] and 0.3x book value [Vodafone, Barclays] but a P/E of ONE? Really?