Diversified Gas & Oil Share Discussion Threads

[pro_s2009] 05/10/2020 10:13

USA........they want their tax. 15% is the reduced rate, else you pay 30%.

[dunderheed] 05/10/2020 10:11

Hi - I've just checked my sipp account and had 15% tax deducted - that certainly isn't my understanding? Is that correct?

[pro_s2009] 05/10/2020 10:08

Shanklin, Edison note link is in the header which explains the situation.

[mo2550] 05/10/2020 09:42

Nice tick up after a slow dip:-)

[shanklin] 05/10/2020 07:40

Anybody any idea why the broker EPS forecast for 2021 is so much lower than for 2020? Or is Stockopedia just showing the wrong numbers? Specifically 23.1c for 2020; 17.1c for 2021.

TIA.

[tim000] 05/10/2020 07:35

Yes, excellent deal. I like the fact that the DGOC management team aggressively seeks out accretive deals continually, unlike most UK-run businesses.

[simplemilltownboy] 05/10/2020 07:28

Wow, didn't see this one coming, a very good deal with really significant firepower and additional governance from oaktree, (which is not needed IMO but should satisfy some people who can't understand the business model). This is a game changer, AIMO. GLA.

[lord gnome] 05/10/2020 07:15

That looks like a very good deal indeed, leveraging DGOC's abilities and getting others to fund growth. Smart deal. All this and a 10% yield.

[pro_s2009] 05/10/2020 07:10

I like the news today. Significant growth ahead through acquisition of distressed assets and then the future gas price rise we all know is going to happen in the years ahead.



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[simplemilltownboy] 29/9/2020 15:35

Lab the 32 percent increase was already priced into the futures, hence the huge jump but no responding jump in the share price also given the hedging DGO will only partly benefit. This share is a long slow burner IMO, I expect it to get to 140 in due course and have positioned my portfolio accordingly. It is frustrating however it's a great divi with a clear forward looking mgmt. GLA

[timchecco] 29/9/2020 08:38

I agree. We should see an increase soon given the ftse250 inclusion and even more important Rusty saying he would actively approach US investors to increase awareness about the good job DGOC is doing and the high dividend and future growth perspective they have.

Was hoping to see 120/130p by now, but waiting and receiving a nice dividend each quarter is not too concering to me.

[lab305] 29/9/2020 07:33

NATURAL GAS (HENRY HUB)Commodity
2.75+0.67+32.21%

Excuse me that's 32% in a day. No market reaction and none on here the dead zone. Paying 10% now and still stuck at 105. What do people want ?????

[lab305] 28/9/2020 08:24

hxxps://oilprice.com/Energy/Natural-Gas/Natural-Gas-Will-Rule-The-US-Energy-Market-For-Decades.html

[pro_s2009] 23/9/2020 22:20

Looks like a bit of buying has started now that HSBC are likely out.

[lab305] 22/9/2020 12:32

No probably not but certainly they have no notifiable interest left according to the the rns . That means a holding now of less than 3%. In terms of shares that must mean a disposal of at least 20m . Last Friday night's trades may have included them .

[petewy] 22/9/2020 12:20

lab305 HSBC has 33m shares r u saying they'll sell the lot?

[lord gnome] 21/9/2020 21:26

Not necessarily lab305. Some index trackers do not hold an exact replica of the shares that make up the index. Similarly, some funds are synthetic and use derivatives to replicate the index. I doubt that there are that many FTSE250 index tracking funds that need to hold the shares to exactly replicate the index. I would also doubt that the promotion has sparked a buying fenzy - looking at the share price it certainly hasn't moved the dial today.
Just my personal view. I've seen it before when people have thought that an index promotion would automatically trigger buying and it hasn't happened. Don't ask me to remember which shares were involved though :-((

[lab305] 21/9/2020 19:05

Lord Gnome was this all froth then? Surely if you are a tracker you must hold each share in the index ?
We expect this event to trigger significant mandatory buying from index tracker funds which own somewhere between 10-15% of UK PLC freefloat - implying US$95-140m (66-99m shares) of incremental demand around the indexation event,” Mirabaud analyst Tim Hurst-Brown said in a note.

“Our understanding is most index tracker funds are reactive, awaiting confirmation from FTSE around index changes rather than taking pre-emptive action, implying that most of the buying demand is yet to occur.

[lord gnome] 21/9/2020 15:39

With the FTSE250 in free fall, you could hardly have picked a worse day to join the index. All this talk of funds having to buy in is total tosh, by the way. How many specialist index funds are there and how many share might they need? If they have any sense they will pick their moment and it's not today.

[lab305] 21/9/2020 15:39

The trackers and 250 index followers should be buying regardless of gas prices. If anything it appears to be HSBC that are continuing to pull the rug from any rise in the share price If they are selling the lot we could be here for some time.

[simplemilltownboy] 21/9/2020 15:18

Timchecco, I agree it's disappointing, however the share price has drifted with HH prices. If the price of oil stays around the current price, associated gas will reduce and HH prices will increase and DGO's share price will again move forward. Unfortunately HH is again below 2 dollars, so it's a waiting game.

[timchecco] 21/9/2020 13:34

Well, so far we are only going down. When we hit 112 a few weeks back, I thought we would be going near new ath by now. Where is the FTSE250 good news in terms of stockprice increase?

Quite the opposite of what I expected.

[pro_s2009] 18/9/2020 21:35

Well, the fun starts Monday with FTSE 250 entry for DGOC.

[mo2550] 18/9/2020 17:27

Hopefully Monday will bring us news on who is the mystery buyer or seller ... FTSE 250 imminent most likely a buy in my opinion ...