Diversified Energy Share Discussion Threads

[1knocker] 13/1/2024 18:54

bountyhunter, I have thought about geiger counter, but are the charges not rather high? About 2.5% pa from recollection.

[fluffchucker1] 13/1/2024 14:36

Excellent analysis as usual

hxxps://open.substack.com/pub/theoakbloke/p/dec-iphering-the-ohio-river-valley?utm_source=share&utm_medium=android&r=19pp7m

[leoneobull] 13/1/2024 14:16

Next week would be a good time to fix some more hedges...NG spot price up over 7%, futures up less so, but decent

[return_of_the_apeman] 13/1/2024 13:34

That sounds a bit harsh Gary1966

I wonder how they knew, did you tell them or was it because they noticed your IP address. If it was automatic from the IP, I'd be tempted to look at a VPN for your mobile that provides a UK IP

Never used one personally and no position here

Or could just not look for a year and perhaps you will get a nice portfolio surprise when you return which might have paid for your trip ;-)

[gary1966] 13/1/2024 12:35

Post 7207.

Having said all those nice things about IG, which I stand by, they have now suspended our accounts as we are travelling in India and neighbouring countries and will not allow us to do anything on our accounts until we return to the UK in a year or so’s time.🤬ԍ24;

[bountyhunter] 13/1/2024 07:58

CI, I agree with all your comments and there is of course the tax free lump sum of up to 25% to ultimately withdraw so that's an additional tax bonus given the tax relief on contributions.
I've looked into SIPPs previously but not done anything yet mainly due to the cushion of a final salary scheme. The ii SIPP looks to be a good one and I see that Freetrade has a competitively priced one.

[sbb1x] 12/1/2024 22:32

US energy firms prepare as extreme freeze could hit natgas supplies

[candid investor] 12/1/2024 21:19

My apologies , I meant to say Cassini , my auto correct changed it and I didn't notice it

Thanks Cassini and everyone else for taking the trouble to answer my questions

I will contribute my own thoughts here about the company itself and it's prospects .

Yes bounty hunter ,you should. I don't know how old you are , but I think pensions are advisable to set up at any age

Also I discovered too late , that I was better administering them myself . Company ones are usually useless as a lot is taken out in fees

It's important to note though that whilst it appears that your contributions into them are tax free,you are merely referring the tax on them until you retire ,when you pay it on drawdowns ..do though take advantage on any matched additional contributions by your company

Isas are still good because even though you don't get tax relief on contributions ,they are tax free on withdrawal

My problem in principle with Isas in general are that governments at any time can change the tax free status of them at any time, it's my guess they will .

[bountyhunter] 12/1/2024 17:12

Yes it's a good situation when in a SIPP and you can even take a tax free lump sum on reaching retirement age not to mention the gross contributions in the first place. I really should have one! On the ISA front personally I avoid the banks as they don't offer the lowest charges any more in my experience.

[candid investor] 12/1/2024 17:03

If you Google is withholding tax on US dividends payable within a Sipp ? you will get several links which state that WHT on us dividends are at zero rate if held within a Sipp , but 15% within an ISA but 30% if held neither in Sipp or ISA, which is basically the same as Mancini has stated ..
Also as he stated , not all Sipp providers are set up to pay dividends gross, and the banks were singled out in this ..there are numerous different articles which all say similar things

Also I have just checked with AJ Bell themselves , as to whether the dividends from DEC will be subject to WHT within my Sipp with them, and they have confirmed that they WON'T. which has made my weekend

I suggest if you are with another provider , then check up with them in the same way that I have ..

[kaos3] 12/1/2024 17:00

3 down waves finished ...as in theory

[bountyhunter] 12/1/2024 16:59

Typical in New York, dropping to the LSE close again then rising straight after the close!

[kaos3] 12/1/2024 16:56

long term chart .... since listing .... we are at the tripple bottom

[bountyhunter] 12/1/2024 16:28

YCA and GCL for me, GCL with a 1 for 5 rights issue at 37.74p for all holders on 30 April if I recall the details correctly.

[1knocker] 12/1/2024 16:18

Over the last 18 months my holdings in Cameco and Yellowcake have rocketted on demand which is still some way distant while my holding in DEC which is rolling out a tidal wave of dividends now has tanked. Its a funny old world.

[bulltradept] 12/1/2024 16:08

You still can!

[neilyb675] 12/1/2024 15:57

1113.00 - 1117.00 (GBX) at 15:54:29
on Market (LSE)

[kaos3] 12/1/2024 15:38

today was the day to buy imho ... we got double bottom, it bounced, there was listing attack, shorts got time to cover. and refill in full for the up, haven finished with the down probably. nat gas is rising, esg is receiding to healthy levels etc

[kaos3] 12/1/2024 15:33

i study old greeks lately

heros are made in troubled waters ... is to be taken away

not in consent or good times. Buffett Warren agrees 2 millenias later

dec has predictable cash flows cast by hedging , which almost guarantee stability for the next few years and divi for 2-3 years ... in which case i will get 1/2 of the purchase price back almost guaranteed. if i reinvest the after tax divi i will be paid back in 5 years if it is a constant.

so cca 2 years of capital at risk...mostly ... which i can afford , if i size my weighting correctly

current situation is sentiment. co2, esg, up to now low nat gas prices, etc etc

what calms me ... it is not enron ... they are not paper operation growth and greed ... they are cashing it out... so dec model is proven over a long enough time horizont

[topazfrenzy] 12/1/2024 15:24

It's because of the ESG nonsense that is a cancer eating up institutional investment in general

[gonsan] 12/1/2024 15:19

I have recently invested very seriously in DEC. However when I see those notes like the one from Peel Hunt, I can not but think, why are funds, trust and other institutional investors gobbling DEC shares at these prices and this yield?
What are we missing?
Or is it like when I bought Shell at 11? just that it is "the sentiment"

[imnotspartacus] 12/1/2024 14:59

At last we’re having a good day!