Diversified Energy Share Discussion Threads

[blue square] 17/3/2024 18:12

Or sell a couple of days before
Ex divi day and buy back on ex divi
day, this time you could sold for
£10 and bought back for around £9.20p

[2wild] 17/3/2024 18:04

Or open a SIPP and have previously paid income tax returned and Zero withholding tax as well.

[apollocreed1] 17/3/2024 12:33

By the way, it may help some people to know that if you buy and hold your DEC shares with a spreadbetting company called BUX Markets, and you fully fund the position (i.e don't choose the leverage option), then they pay the dividends fully without deducting any withholding tax. All other gains are tax free since it's spreadbetting. Your only cost is the spread between the buy and sell price which is quite reasonable.
Note that IG index did pay the dividend net of withholding tax in their spread betting account, so it depends upon the platform you use.

[bountyhunter] 17/3/2024 12:29

No surprise it's Bloomberg.

[apollocreed1] 17/3/2024 12:27

Maybe relevant to DEC

[bountyhunter] 17/3/2024 11:04

I hope the AI closes their positions if there's nothing negative in the results! ;-)

[fordtin] 17/3/2024 09:00

bh, Their recent reporting history suggests they are actively trading DEC.

It's possible their net short position has been up and down numerous times within the bounds of 1.0% and 1.0999% between the 08/3/24 and 14/3/24.

As the reporting requirement is for the end of day position, they could even have been swing trading intraday above 1.1% and below 1.0%. Provided they’re back within those glass walls by close of day’s trading, they are under no obligation to report a change.

I doubt they have a human constantly monitoring DEC’s share price, but AI trading could be involved.

If you like conspiracy theories, 5 or 6 short-sellers with a common interest Etc. Etc.

[bountyhunter] 16/3/2024 15:51

So Walleye have decreased their short by 0.02% on March 14th.

[fordtin] 16/3/2024 12:54

Walleye playing games again;



Position Holder
Adage Capital Management L.P.
Connor, Clark & Lunn Investment Management Ltd
Millennium Capital Partners LLP
Voleon Capital Management LP
Walleye Capital LLC
TT International Asset Management Ltd
 




Date
Net Short Position (%)
 
 
 
 
 
Total short positions (%)


 
 
 
 
 
 
 
 


14/03/24
0.66
0.51
0.51
1.01
0.98
 
3.67


08/03/24
0.66
0.51
0.51
1.01
1.00
 
3.69


05/03/24
0.66
0.51
0.51
1.01
0.94
 
3.63


04/03/24
0.66
0.51
0.51
1.01
0.82
 
3.51


04/03/24
0.66
0.51
0.51
0.92
0.70
 
3.30


26/02/24
0.66
0.51
0.51
0.92
0.70
 
3.30


16/02/24
0.66
0.51
0.51
0.80
0.70
 
3.18


14/02/24
0.66
0.51
0.51
0.70
0.70
 
3.08


13/02/24
0.66
0.51
 
0.70
0.70
 
2.57


07/02/24
0.66
0.51
 
0.70
0.60
 
2.47


01/02/24
0.66
0.51
 
0.60
0.60
 
2.37


26/01/24
0.66
0.51
 
0.60
0.53
 
2.30


25/01/24
0.66
0.51
 
0.52
0.53
 
2.22


19/01/24
0.66
0.51
 
0.52
0.49
 
2.18


17/01/24
0.66
 
 
 
0.58
 
1.24


16/01/24
0.66
 
 
 
0.61
 
1.27


04/01/24
0.66
 
 
 
0.50
 
1.16


03/01/24
0.66
 
 
 
 
0.13
0.66


14/12/23
0.66
 
 
 
 
0.61
0.66

[2wild] 16/3/2024 11:35

bountyhunter post 1573. Long time since DEC traded at 10% yield. Probably at 144p peak. £28.80 with strong US Natural Gas above 8 USD.

DEC now up 15% including 58p Ex Dividend in last month.

[bountyhunter] 16/3/2024 11:00

Not if you include the dividend of 87.5c

[imnotspartacus] 15/3/2024 23:47

job's comforter

[stevensupertrader] 15/3/2024 21:29

NYSE DEC closed at the lowest $11.60 since listed .

[bountyhunter] 15/3/2024 18:41

As expected will be good enough, no rabbits are necessary assuming that the dividend is maintained. They just need to avoid pulling a frog out of the hat! Even if they do signal a dividend cut at some point we are at a 30% yield currently and even before the shorters attack it was about 10%. I'm not expecting that though or there would be no point having the tender offer immediately after the results.

[justiceforthemany] 15/3/2024 17:32

Pretty much the last chance saloon for Rusty & Co
Needs to pull a rabbit out of the hat.
Board need to work hard over the weekend.

[bountyhunter] 15/3/2024 12:09

Results due on Tuesday.

19/3/24: 2023 Annual Results and Conference Call

[stevensupertrader] 14/3/2024 16:19

DEC seems to have lost all the momentum in NYSE till result on 19th March . What a sad stage of affair . I have all my fingers and toes crossed 😞

[justiceforthemany] 14/3/2024 16:11

Nat gas spiking.

[mondex] 14/3/2024 14:38

US gas drillers opt to defer wells amid weak prices, glut

A weak price environment and oversupply are prompting several US natural gas producers, including Chesapeake Energy and CNX Resources, to delay new well completions and turn-in-lines until market conditions improve, while continuing to expand their drilled-but-uncompleted well inventories. The strategy is likely meant to synchronize production additions with the anticipated increase in liquefied natural gas demand, analysts say.
Full Story: S&P Global (3/13)

[mondex] 14/3/2024 14:35

US midstream firms bet big on gas infrastructure

Despite the downturn in natural gas prices and surplus storage levels, US midstream companies have allocated more than $10 billion to upgrade and expand their gas infrastructure this year, according to East Daley Analytics. Analysts say the investments reflect the industry's confidence in long-term demand for gas infrastructure, driven by the ongoing expansion of the liquefied natural gas export market.
Full Story: Hart Energy (3/11)

[blue square] 14/3/2024 10:06

Share price holding up reasonably
well, equivalent to £9.80p before
ex divi date.

[lab305] 14/3/2024 09:01

Fair enough. I hope that you get your money back. It was hard for me to sell at a loss but I had lost all faith more than anything else because of the 2 buyback schemes.

[stevensupertrader] 14/3/2024 04:07

Below I have given an analogy basing on someone who had invested all or almost the funds on DEC , therefore running out of funds to invest more and DEC is falling and dropping more than half . One can wait unless an investor does need it or realises it .

[stevensupertrader] 14/3/2024 03:59

If a share kept falling is similar to business stock that is obsolete . Therefore one can keep in the portfolio at original buying price similarly to obsolete stock on. business at cost value.
Both at present or current market cannot realise at the original bought price or cost . There is similarity in my analogy
However , this is up to individual how he/ she treats it . Individual can hold on the shares till one dies and realise by the lawyer death with a much much reduced cash distribution . Similarly to business in admistration .

[1knocker] 13/3/2024 21:46

Thanks for that, blue square. I guess I was just being idle and did not look!

Stephenst, you make the cardinal error of eliding valuatio and profit/loss. The DEC shares in your portfolio have a cost ('capital committed') and a value (current price X no of shares held).A profit/loss is realised/incurred only when those shares are sold.

The difference between cost and current value tells you the profit/loss you COULD realise/incur if you sold today, but a pofit/loss is not ACTUALLY incurred unless and until you sell.

The important questions for the investor are (1) the liklihood that the holding in question will increase or fall in value and (2) whether some other holding would have a more favourable risk/reward ratio. The answers to those questions is the basis upon which one decides whether to sell or hold, and if one decides to sell, whether and where to reinvest the proceeds of sale. Both of those are of course matters of judgment, upon which opinions are likely to differ - if there was an absolute, correct, answer, there would be no market!

Business acounts have some similarities. That is why free cash flow is usually more instructive than headline profit/loss (which depends upon the accounting conventions aplied eg whether you 'mark assets to market' or show them at cost). What ultimately counts though, at least in the case of trading stock, is the difference between purchase and disposal prices (or rather, if you want to stay in business, the difference between dispoal and REPLACEMENT price of stock in trade!), not what price current stock is shoewn at in the accounts..