Diversified Energy Share Discussion Threads

[stevensupertrader] 29/2/2024 19:55

Not even a year ago , even the start of this year - DEC kept on losing weight as if on a diet on doctor order 😊

[stevensupertrader] 29/2/2024 19:48

Those shareholders or those bought a year ago and bought more or in stages as the price went down to average down the price . I am sure they are all sinking and drowning And almost dying and praying for a miracle to happen 😂

[1knocker] 29/2/2024 19:28

I shall watch the price over next few days with interest. There are bound to be those who will have had enough and sell with the dividend now in the bag, so if we can get over £10 by 'pay day' that will be encouraging.

So long as it holds, every dividend received constitutes a significant chunk out of our capital committed, though those of us who have been invested here for a while must nearly all have a way to go yet before we are above water.

[bountyhunter] 29/2/2024 19:02

Closed 48p down in London having gone XD 69p from the open today, that's effectively another 21p recovery, no complaints there.

[97peter] 29/2/2024 18:47

The no of shares traded is excellent if you think if you times it by 20, how many shares it would have been just 3 months ago.
With next 70p divi just another 3 months away, plus what I forecast will be excellent annual results. Along with hedged gas for next 2-3 years, also acquiring many more 100’s of wells some with 10 years life and some less from bigger oil and gas companies and those state owned, this is a win win for the next 5 years minimum! With divis to pay your stake back within 3 years, so a ‘no brained’. share price will be at £12-£15 within months!!!

[this_is_me] 29/2/2024 18:33

If you add the dividend it was an up day today with a reasonable, but not particularly large volume of shares traded.

[bountyhunter] 29/2/2024 13:02

Down 55p on the LSE right now vs XD 69p payable by the shorters.
mafs? Married at first sight?

[premium beeks] 29/2/2024 13:00

It was in my head mafs, so will edit :)The dividend has skewed things for a week or so. Will be interesting to see where this goes in March

[bountyhunter] 29/2/2024 12:58

I wouldn't take much notice of the pre-open which is why I removed that comment and there's bound to be a lot of volatility today. And by the way where did you get 68p from? 87.5c is 69.21p+ right now:

[premium beeks] 29/2/2024 12:55

Obviously dividend related (to answer your unedited response). Looks like the US comes back in to line with the UK though. You'd be peeved if buying in the US!

[bountyhunter] 29/2/2024 12:46

Down 62.5p on the LSE right now XD 69p (87.5c).

[premium beeks] 29/2/2024 12:32

Interesting pre price in the US.

[kaos3] 29/2/2024 12:04

One has to take into account local and specific individual tax rates

Before judging actual net returns

[fordtin] 29/2/2024 11:49

Shares magazine need to get some new envelopes;


“A back of the envelope calculation suggests if all investors were to take the tender offer option there would be a reduction of around 9% in the number of shares in issue. “



The tender offer is limited to a maximum of 3,881,238 shares (~7.99%) by the conditions of the tender offer.

They also say; “The company has made clear it will only allocate around $42 million – the same amount as the cost of the dividend”

It’s not that clear because "Return of Capital of approximately $42 million to Shareholders by way of (i) the Q323 Dividend,
or
(ii) the Tender Offer to acquire Shares in the Company"
makes it seem as though the entire tender offer will be funded by the dividend saving, which is a mathematical impossibility.

If you save $0.875 (~69.2p) per share, you can’t subsequently buy the share for £9.35 solely using the $0.875 (~69.2p)!

To buy the maximum 3,881,238 shares @ £9.35 will cost ~£36.29m(~$45.95m).
The dividend on the remaining 43.7m shares equates to ~$38.24m.

Total cost of ~$45.94m + ~$38.24m = $84.19m.

To remain within the constraints of $42m + $42m would involve a forex of less than £1 = $1.26116, or less shares purchased.

[premium beeks] 29/2/2024 11:49

I doubt it. My profit is in the bank. No one ever got poor banking profits.

[stevensupertrader] 29/2/2024 11:07

Those who sold yesterday before today XD are going to say Ooch ( make a great mistake ) 😊

[premium beeks] 29/2/2024 10:58

Yes, well done, it was the right decision.I sold last thing yesterday at just under 10 quid.

[skinny] 29/2/2024 10:46

I'd say well done to those that bought/added yesterday, but its only 10:45am.

[kaos3] 29/2/2024 10:30

Bingo

Thank you

[blue square] 29/2/2024 10:06

As far as Litigation.
According to the SEC filling
8/12/2023
"We currently face no material
litigation that is expected to
have an adverse material impact"

They certainly don't seemed
concerned about,
Mcevoy vrs diversified

[fordtin] 29/2/2024 10:03

FTSE250 March 2024 rebalance. Diversified confirmed to remain in FTSE250




FTSE 250 Additions ........ FTSE 250 Deletions
Endeavour Mining .......... Easyjet
Kier Group ................ FDM Group Holdings
Wincanton* ................ Tullow Oil

[blue square] 29/2/2024 09:52

It's quite likely it will finish
the day around £9.50.
LSE did not follow NYSE yesterday
they held it back,the gap will
narrow today.
IMHO

[elpirata] 29/2/2024 09:36

the oirish sounding one of course beeks