Diversified Energy Share Discussion Threads

[bazboa] 10/3/2024 18:41

Why would they cut the dividend and continue to buy back shares plus offer a tender.

[bountyhunter] 10/3/2024 18:11

If they cut the dividend in the results on 19th then the share price would drop back further and no-one would take up the tender offer with only Stifel benefitting, so I don't see that scenario as very likely.

[stevensupertrader] 10/3/2024 17:18

All about the future dividend , if it remains the same and debt is reduced thrn the tender offer will be ok , however if the dividend is cut and debt increases , all hell will break loose - share price will tank.
. DEC can say how brilliant is the result but if div and debt went the opposite direction ie div remains the same or increases and debt reduces - we can sleep easy 😂

[bountyhunter] 10/3/2024 16:18

Imo they wouldn't have put the tender offer in place for just after results, having discussed with major investors in advance at price to be set soon after results, if they were aware of anything likely to seriously impact the price in the results - or the tender offer would be a complete waste of time given the timetable. My guess is that the results will be pretty much as expected, but that's just my opinion.

In other words if the results were negative and the price tanked noone would take up the tender offer, whereas if positive and the price spiked the tender offer would be expensive for the company, so neutral results seem most likely to me.

[blue square] 10/3/2024 16:01

The question here is, how risky is
it holding into 19th march full
results.
If they cut the dividends, how
badly will the shares react.
If they hold the dividends will
the shares rise.
Is it best to sitout until after
the 19th

[stevensupertrader] 10/3/2024 14:51

Did you make a killing ie sold off your shares in advance ? I still remembered that a year or two before the the financial crisis hit Uk . US was showing sign of large crack as large investment financial institutions bundle bad mortgage loans and sold them yet Uk was always behind the curve

[cassini] 10/3/2024 14:41

This is the same Gordon Brown that said 'No one could have seen this coming' about the 2008 Great Financial Crisis , except the internet was awash with people that could figure out what a problem sub-prime debt would lead to.

I remember as I acted on their advice to protect myself in 2006, well before the SHTF.

[stevensupertrader] 10/3/2024 14:10

Gordon Brown was then the Chsncellor and he sold half the gold reserve between 1999 to 2002 to booster the country reserve after a long period of suppressed Low gold price . Gordon. brown thought at that time was a good move rather than to borrow as gold didn’t get any interest income but sitting in the gold vault gathering dust 😞

[stevensupertrader] 10/3/2024 14:01

Although Gold was sold off few years earlier than the financial crisis but economic and financial situation started to crack. Under New Labour , Tony Blair , he had extremely big spending idea on infrastructure. In order to revive the flagging economy , he needed to spend to get growth and borrowing was not the solution , therefore Gold was sold off in state . Whether Gold was sold or not , no Govts in the world can spend their way out of trouble except US .

[2wild] 10/3/2024 11:09

Stevensupertrader. Gold was sold off in 1999, 9 years before Royal Bank of Scotland was bailed out.

[fordtin] 10/3/2024 11:07

Gordon Brown flooded the gold market and effectively carpet bombed the price of gold with a series of 17 pre announced auctions, which took place from July 1999 until March 2002.

The Euro was launched in Jan 1999 as an invisible currency which was extended to coins & banknotes on 1st January 2002.

A bit of a coincidence that Europeans, who may have preferred to swap into gold instead of swapping into the Euro, which for all they knew might’ve nose-dive against World currencies, were faced with the certainty that Gordon was going to continue suppressing gold price throughout the Euro launch and beyond.

Was it really a coincidence, or was that the price of keeping the British Pound?

[2wild] 10/3/2024 10:18

Gordon clown flagged he was gonna start selling gold when the price was 800 USD. In the end, he got 276 on average with a 256 low.

[bountyhunter] 09/3/2024 19:29

It was a spend spend spend era thanks to Blair & co which seemed good at the time but which turned out to be short sighted leaving the Torries to pick up the pieces. GBs other option would have been to resign; he didn't last much longer than Theresa May in any case with both having made bad decisions!

[stevensupertrader] 09/3/2024 17:55

At the time , Royal bank of Scotland was going under and needed rescuing and the £ was under pressure . Alistair Darling , the Chancellor ,under Gordon Brown had to rescue Royal Bank of Scotland one way or another failing so would result in the collapse of the £ and rocketing interest rate .

[stevensupertrader] 09/3/2024 17:35

I can talk Politics with you the whole day as I can see you are fairly in tune . Gordon Brown had not much option left for him except to asking Bank of England to sell the gold due to the financial crisis developing as Govt borrowing and debt reaching all time high . Remember when Conservative came into power , someone left a note at the Treasury quoting no more money left .

[bountyhunter] 09/3/2024 17:17

Good for you and others at the time but bad for those affected by the reduced stock of council housing today. Clearly a vote winner at the time but rather short sighted imho.
I'm not saying I prefer Labour policies by the way as both parties have a lot to answer for, as for example GB selling our gold and at a low price.

[stevensupertrader] 09/3/2024 17:17

I was then a staunch Labour voter and since Maggie became PM. I switched to Conservative and never look bad since .

[stevensupertrader] 09/3/2024 17:09

Well, I was then a poor working class living from hand to mouth and renting in a tiny room in 1976 . By her policy , I benefited and took advantage and now owning several properties in London . I don’t have anything bad to say about her policies . I stretched out both hands to embrace her capitalist policies 😊 .

[bountyhunter] 09/3/2024 16:49

Well I'm not sure about that, good for tennants who could afford it but that policy decimated the stock of council houses available. The only thing worse than selling the family's silver was selling the family's gold - Gordon Brown sold off half the country's gold in a series of auctions and did it when prices were low!

[stevensupertrader] 09/3/2024 16:07

But She made many normal working class became middle class by her privatisation policy otherwise she won’t have lasted 3 terms plus her housing policy too made many reliving in Council flats to buy their own homes and that another of her good policy 😂

[bountyhunter] 09/3/2024 15:59

I wouldn't say that; DEC produces in one of the most stable economies in the world as opposed to a war zone.
As for Thatcher I wouldn't pay attention to her ideas either, look at how many of the privatisations have worked out!
Results will be down as gas prices have moved lower but largely protected by the majority of production being hedged.

[stevensupertrader] 09/3/2024 15:27

Anyway no one can buck the market ( quoting Margaret Thatcher words ) . If result in the 19th March is bad and div is cut - DeC share price will fall, hoping this might not be the case as I already lost 60% of this investment and if result is bad and DEC cuts its div , I need to kiss goodbye to my remaining 40% investment . DEC is similar to POLYMETAL when Russia invaded Ukraine two years ago .

[stevensupertrader] 09/3/2024 15:18

At this stage , DEC is paying more to cancel the shares . My view is that DEC afraid that if share price kept on spiralling down before this scheme was announced , its capitalisation will be affected and afraid it might go under then its banks will call in their loans due to debts would be several times more than its entire shares capitalisation rather than anything else .

[bountyhunter] 09/3/2024 14:59

Of course if the price does go to over the levels mentioned after results the tender offer suddenly will be a great opportunity for large investors. They may take it up anyway to avoid progressively lowering the price when disposing of a large number of shares if any wish to reduce for whatever reason.