Member Info for Andy144

Absolutely. I've no idea. But there is deffinately a seller, and quite a big one.

There is still a lot of selling at the moment. One regular orginary trade is going through for about 10k - 20k share almost every few minutes. This was happening all day yesterday too.

The only explaination I can think of is that there is a big deal in the pipeline which will be funded by more shares, and a large holder has got wind of it.

Terry,

"I assume this is not the case as it started 8:44 on Tuesday and 10:12 Monday, perhaps they were having a duvet day."

Yes. No idea who decides when to buy or at what price - I assume the broker. I suppose money is sent to them daily, but it might be on account for all I know. It seems a bit vague.

If someone at DEC has to give the nod to each day's buyback then that might explain the late purchasing.

You would also think Rusty would buy a few with his recent divi handout. Unless he can't because there is some deal brewing

I was surprised that I managed to add this morning at just 66.3p.

Bargain if the century or more wasted money?

so just to be an ar5e, here are a few thoughts:

gg says he is invested.

gg has been warning ppl since £1.02p on various boards that dec is a fraud.

by inference then , gg must have invested above £1.02p and been invested for a while - i mean who would invest then immediately malign the company you have just invested in?

so gg what was your entry? £1.20p? £1.30p?

that must be painful, mine is painful enough and i'm no where near that. but you had the choice, you had the certainty! that must make it even more painful.

now gg don't do around saying your entry point is anything less than what i have suggested. it can't be lower than £1.02 because then you would have got out with a profit and been sitting happy, and if you say it is then you are a complete cretin.

the alternative, of course, is that you are just a dumba55 poo fly who has smelt a bit of **** and wants to lay their eggs of doubt in it.

have fun trying to worm your way out of my reasoning.

It is based on profit, debt, assets, and what the credit is for.

An ignorant person is someone who doesn't sell their own shares when they are convinced they are invested in a fraud. That probably makes you simply the dumbest person I have come across and the bar isn't high. LOL

Night night. Try again tomorrow.

GG I know what market cap is. But their getting credit is not based on it. I will say again, they got credit at far lower MC than today's. Is this hard for you to work out?

It is based on income, current debt, expenses and quite a number of other factors.

GG. You are clueless. You cannot assume that they must be inept or fraudulent just because they don't issue an RNS. Also, credit is not dependant on market cap. They have been getting credit all their public life at much lower MC than today's.

If they are a profitable, ligitimate public co, which I believe they are, their best course would be to simply ignore the market ups and downs and just take the opportunities that this might bring. They didn't give an RNS when covid struck and the price went from 130p to 60p did they? and that was probably a far greater threat than any cooked up nonsence you have been spreading about.

Time will tell. Get out while you can and follow your own advice there's a good chap.

Cheers Terry. I enjoy it really.

People losing money are an easy target. Everyone knows he's not really invested. Perhaps I should just filter, but he's quite amusing really. An interesting study of human behaviour.

"Andy144, now you're just writing rubbish."

GG I'm glad you think so as this proves beyond my doubt that you don't really understand much. Go and look at their last presentation about their finances if they were to buy no further assets. It's all there in a lovely chart...sorry it's not in crayon for you.

If that happened, and if one believes the numbers, it would be a cash generating machine. IE a weighing machine.

I guess this is all too complex for you but it is the reason I am invested long term (assuming we have one)

I told you how to take out the short, you didn't bother doing that and you didn't bother selling at 1.03 even though, according to you, DEC only has a 5% chance of surviving and you have been shouting this for months.

I won't go on. Have a responsive pop if you must.

"I'd disagree about Buffets' quote applying equally to an individual company as it does to the much broader market, with a far wider community of investors with a far larger range of companies to choose to invest in. a market operates in a much larger scale and diversity of interests. Much as a by-election catches a moment in time or a local issue, a general election reflects the views of the whole of the (those who take an interest) electorate."

If DEC went into wind down mode, bought no new assets and paid off debt, as they have illustrated in their 10 year plan in the last presentation, then DEC would become a simple weighing machine of money far more than a voting machine. This was my point really but I guess you need the last word.

Well Googled. It can apply to any investment, whole or singular. I hope you took out your short on IG today. You would have been nicely up.

Andy144 - What does this even mean ? '...DEC is still currently a voting machine which one day should become a weighing machine...' I see you've made few Maga and Qanon references today, is this another one ?

A very good quote by Warren Buffet. Heard of him? I have made no Maga or Qanon quotes. They are references to simple economic history which I study. All empires go through a cycle and have done for thousands of years dating back to the Greeks and Romans. They follow a very familiar pattern, right up to the Dutch and Bristish. They all end in the same way. it's very interesting. Ray Dalio, another rather good investor has done some great pieces on it.

Thanks for that. I just sold my entire holding on your advice.

"Really? Even if Trump would be good for investors (which is questionable), the election of a lawless, lying, depraved, delusional, hatred-inciting con man as US president and dictator is not something to be welcomed."

It's nothing new. Just the 6th or 7th stage of empire and history just repeating itself. This, along with currency debasement, internal conflict, external never ending wars, bread and circus is a great pointer to what will happen.

Gold and silver is what you need. It can't be printed!

It looks like it is amending the IRA which was passed last year to reduce Co2 emmissions. This will not be anything new to DEC.

Had a quick read. This appears to be a response paper to the actual proposed rule which seems to be here:

https://www.federalregister.gov/documents/2023/08/01/2023-14338/greenhouse-gas-reporting-rule-revisions-and-confidentiality-determinations-for-petroleum-and-natural

Wading through it now. DEC has always been ahead of the curve when it comes to this sort of thing. Could be a great benefit actually and place DEC at the head of the pack. If this is the reason then I suggest it has been overblown considerably.