Member Info for Deadly4U

Seemingly bizarre time to short...

Source?

Reason I bought DEC is because of the arbitrage the burgeoning US LNG industry is going to do with Europe natural gas prices. European gas is trading at 5x US prices currently, no price collapse yet! Once the new export facilities open US nat gas prices will easily recover and begin reducing the spread. DEC is perfectly placed to sell forward production in long contracts at ever higher prices, paying out great divs for years to come! If anything the new lows in current prices continue to validate DEC's industry leading hedging strategy :)

His conclusion is very pertinent for disgruntled shareholders, with such a low SP DEC can buyback shares at a 40% discount to nav, reduce $ needed for dividend by $10 M and then potentially use the savings to further raise the div by 7%! Extraordinary stuff, I guess the US listing will tell us whether his calculations have any merit :)

I have my ISA with Bank of Scotland (same as iWeb), switching to Interactive Investor after seeing this:

UK listed shares paying US sourced dividends

Ordinarily if you complete a W-8BEN form you will only pay the 15% Withholding Tax rate instead of 30% on US listed shares paying US sourced dividends. For UK listed shares paying US sourced dividends a 30% Withholding Tax rate is applied even if you have a W-8BEN form in place.

For example, you would receive $70 on a $100 dividend.

Market is valuing the firm on the potential future cashflows of all the companies it's invested in. Currently most of them are burning capital and discounting their potential future cashflows at the current rates means relative value has shrunk drastically. Essentially IPO is a bet on innovation and science, markets prefer certainty :)

Price is a function of liquidity, not value

Getting there! Anyone have any thoughts if IPO is even possible as a takeover target? These levels seem pretty good...

They don't mess around!

Burning Wood imported from Canadian forests is neither renewable, sustainable or desirable. Drax is living on UK Government Subsidies...

Value Trap...

Very strange sp action since results dropped :D

Fair play

Seems to have recovered somewhat :)

Decent revenue growth given conditions, headline numbers caused drop but fundamentals remain strong ;)

Lmao

You can pay me to write a bullish report on a company too!

Https://www.investorschronicle.co.uk/news/2023/08/10/investing-in-wind-isn-t-the-safe-bet-it-seems/

Imo it's better if no body has heard of the listed company as when it announced record profits people don't think their being taken for a ride. Phnx owns Standard Life brand and others.

PHNX is if anything safer than LGEN as it has a clear view on all its AUM cashflow, whereas LGEN AUM is much less sticky and is competing with large US Multinationals IMO, LGEN very good company but just looking at a negative operating cashflow last year does a disservice to the long life cashflow that Phoenix has found