Member Info for JC01

Jim,

Down nearly 58% in 5 years to be precise.

I think you might be OB in disguise 🥸 clutching at straws with your positivity that the DEC Phoenix 🐦‍🔥 is rising from the smoke and mirrors 🐂💩 presented by Hutson at our expense 😂.

AOC,

Jim won’t be happy you using the word languishes 🙈.

Some of us been banging on for years that Hutson fiddles as the SP, Dividend and FCF burns.

Not yet reflected in UK . No BB’s for 2 days

Nice finish . I like 5% gains on the day 😂👍

Terry,

Another excellent piece of analysis out by OB and here again lies the problem. The devil is in the detail of the accounts with so many assumptions having to be made it is difficult to get a clear picture of the past and future. Hutson just isn’t transparent at these stage managed conference calls and refuses to allow or answer any difficult questions. No different to Investor Relations never replying to emails. This always leaves more questions than answers and the overhanging question “What has he got to hide and why ?” He would get more credibility with complete transparency and openness to addressing investors questions/ concerns.

Terry,

The market and investors have very long memories.

Buying assets ( as has been done on every acquisition in the last year) by issuing more and more shares , robs existing shareholders of value by dilution and assets obtained at our expense rather than from free cash. We pay for them and get screwed in the process. It then gets presented as accretive acquisitions . Hutson then grants himself more shares to compensate at our expense and that BB’s are returning cash to investors. Hence a disastrous SP collapse and sadly will take years to recover. All we need is another Hutson acquisition masterpiece and any improvement will get destroyed in a heart beat. Sorry to say it as it is but they are the facts.

Peel Hunt house broker once again deluded and off with the fairies. Gives no credibility at all to what they have to say. Utter 🐂💩

There are so many shares from acquisitions , and the Citibank extras , that will get sold into any rise. This is going to be a long haul to rerate. We won’t see £14 for a while.

US pre market up 6% … $13.89

Conference call very upbeat. Strongest balance sheet ever with free cash flow enabling them to utilise capital to return money to shareholders, reduce debt , M and A . They believe the tariff implications on the business are minimal considering the markets they are in. Maverick integration going well expecting greater synergies than planned. They believe the Company is undervalued , a great investment opportunity for a rerate. As usual the Q and A session dreadful. No private investor questions . Here’s hoping the US pops today as well.

Positive morning update from Tennyson Securities just reiterating the DEC update.

I expect an upbeat conference call at 1pm. Will be listening in

https://*********************/companies/uk/oil-gas-integrated/diversified-energy-company-plc/research/tennyson-securities/tennyson-morning-news-diversified-energy-upbeat-q1-trading-statement-/4273b909-e699-4526-9590-33664833fd27/ff4f11ad-cc26-4678-89fa-a2820f097179

Jim,

Very good to see. Hoping this is the beginning of some element of rerate as Maverick revenues kick in🫣. The market will probably want to see the impact of the full integration over the next couple of quarters.

You’ll get a huge smile once I get my money back. Ever hopeful and rosier spectacles on 👍

Jim,

Good to see the sense of humour and Euphoria around DEC’s recovery.

Sounds like all our troubles are over as we head to £10. Only another 40% rise needed to get back to where we started in January. I’ve got my rose coloured spectacles of hope on 👍😂

Jim,

My dictionary fine thanks and up to date. To languish is to lose or lack vitality. Grow weak . That is exactly what the DEC share price is doing . If you get comfort from a few percentage point improvement from a historic low good on you. I’m not deluded about DEC and Hutson. Maybe pessimism to you but I deal in facts not false hope.

Terry,

All the time Hutson and the BOD’s are being rewarded with big fat salaries and share options for destroying shareholder value ie the SP why would he change any kind of direction . Add to that house brokers and bankers on the gravy train of fees etc etc they will continue to tell him what a great job he’s doing. Nobody is holding him to account and the bigger the business gets the more they will massage his ego and destroy shareholder value in pursuit of growth.

Worya,

Sadly clarity used in a sentence with DEC is an Oxymoron.

Monday will be the usual staged presentation of the numbers with Hutson’s Corporate babble. There will be a few bleeding obvious questions at the end resulting in no further detail which will have been screened b4 and will be made by a few flunky analysts . I have listened in on every call and have never been able to get a question put to them or from a private investor. If we get any real clarity I’ll be amazed. As always remain hopeful but sadly cynical with Hutson.

Terry,

Supposedly some of the $300m is to pay down existing debt. Typically all very vague what it’s being used for .

From the RNS

announces that it has successfully placed $300 million of new senior secured notes. The new notes are due to mature in April 2029 and will pay a fixed coupon of 9.75% per annum, payable semi-annually in arrears.

The net proceeds from the senior secured notes will be used for repayment of existing debt and for general corporate purposes. The new class of debt provides increased liquidity, which currently stands at approximately $440 million inclusive of the proceeds of the note offering, is leverage-neutral, and will enhance cash flow, allowing flexibility for continued investment in high rate of return opportunities.

Jim,

How about down over 30% YTD

1st Year low £8.73 11th March some recovery then collapses to £8.03 on 2nd April so any measurement of improvement over the last month is from an all time low. Thankfully they are doing BB’s otherwise there would be nothing. There is no appetite in the US for this business. I get no optimism from small increases from all time lows. I’m being generous with languishing. It’s more like stagnating !!

Terry,

If you call that a decent rise I’d hate to see an indecent rise 😂

Continues to languish despite the BB’s

US $12.90 close