Member Info for JDCBC

My mistake, just looked at the last RNS on redertimation: "The Company's next scheduled redetermination will occur during the fourth quarter of 2021." So it isn't that! I think it is small sellers thinking they might have made a bit of money on the acquisition/discounted placing. Certainly not selling up, DEC is just a gift that keeps giving every quarter.

DEC would normally have issued an RNS saying they had completed their semi-annual redetermination of debt across their debt group by this point (29/06/20 last year). It may be taking longer given new debt investor for the latest acquisitions. This may be spooking some PIs? Not large volumes so PIs selling out having thought they would make a nice turn off the back of the recent acquisitions and discounted (at the time....) share placing?

Yes I have just topped up at this price and will be reinvesting the June divi, hopefully at these prices too. We are getting the chance to invest at a lower price than the recent placing on what was an earnings enhancing acquisition. This share is a great TSR (Total Shareholder Return) play, if you are able then reinvest your divis every time and you are getting a compounded return that is just superb backed up by long life, low risk assets that are majority hedged. This isn't a stock to invest in at 1.06 and hope it goes quickly to 1.50, you achieve that through TSR investing on this stock.

The transaction was earnings enhancing and has released debt capacity. There was a large sell of shares yesterday which may mean certain buyers were approving of the transaction and took part in the placing becuase they wanted it to happen but didn't necessarily want to have that much exposure to DEC and so were happy to sell at placing price or just below post the raise. This should head back up once the overhang of shares from the placing has been sold on as it looks like yet another cracking acquisition at 3.5 x ebitda

Airbus market update today below market expectations for 2021

AIRBUS outlook given today, much lower than market was expecting:
Outlook
As the basis for its 2021 guidance, the Company assumes no further disruptions to the world economy, air traffic, the Company’s internal operations, and its ability to deliver products and services. The Company’s 2021 guidance is before M&A.

On that basis, the Company targets to at least achieve in 2021:
Same number of commercial aircraft deliveries as in 2020;
EBIT Adjusted of € 2 billion;
Breakeven free cash flow before M&A and customer financing."

Interesting share volume reaction to this news. Number of shares bought seems like an over-reaction to a decent NXD coming on the Board. Could it be an acquirer who thought they could take their time over choosing the right time to swoop now sees real long term changes being made and potential improvements in supply, so now is time to take action??
Here's hoping.....

I think we need to also bear in mind this is a very small cap Aim stock that can have very low trading volumes when not in trading update periods. So c. £12k of shares have traded today and it is down 5%. A few people needed to release a bit of cash for xmas and other things, or they are bored with this stock, and it can have a huge impact on the share price until there is some large and recurring buy momentum.

PM just announced new 10 point green energy plan in FT. Number 3 is new nuclear energy plants, large and small.

Nice to see CC buying some shares, even if only £4.5k!

totally agree, I was just thinking about the volume of share sales gone through today ahead of what should be a steady demand for shares over coming months.

i think one of the big holders like HSBC is offloading some shares ahead of it being a FTSE 250 stock, as they may not be able to hold that high a % of a FTSE 250 company. Hope I am right, otherwise don't understand this drop beyond ex-div price given all good news and heading into FTSE 250 on 21 Sept. I have just pre-bought some more with the cash I will receive from the divi, in the hope the price is much higher when receive the divi post FTSE 250 entry so can sell equivalent £ value of shares at a higher price. We will see by end of Sept if that was a wise move or 2 hours of machinations I am not getting back......

DGO confirmed as entering FTSE 250 on 21 Sept, excellent news

As a shareholder I am loving the rise in the price, but I have a niggling feeling the TR1 from Octopus today was them actually moving down from 14% to just below 14%, and that is why they had to notify through a TR1. Their VCT is invested and as a listed VCT they know the rules regarding notifying movements in shareholdings, I just think someone didn't fill it in completely regarding moving down through 14%. I hope I am wrong but given they already listed as a 14% shareholder, this RNS doesn't make sense??

No problem, just wanted to share some of the experience I had trying to not suffer the 15% WHT!
I don't think the banks are allowed to charge for a customer choosing to transfer their ISA to another provider, not sure about other ISA providers and what they can charge. Also, clearly lots of other share trading providers out there beyond ii, so people need to do own research on costs/services etc. I don't really post anything on share chat rooms or other social media, hence no posts, but just felt for people on here going in loops like yourself but not getting a clear answer from anyone, hence signed up to give my experience! Best of luck to all.

Hi, I think that is the problem, Computershare probably don't even know you exist. Your holding of DGO shares in in with hundreds of thousands of other DGO shares bought by other HSBC customers held in "HSBC Nominee Trading Account xxxxxxx". That is all Computer share see, they don't know that HSBC are allocating x number of those shares to you as the beneficial owner in their internal share dealing system. So Computershare are ignoring you as there isn't much they can do without HSBC telling them all your details and HSBC aren't going to do that because it isn't how they operate their share trading system. I transferred my ISA from HSBC to ii just by filling in the online forms, didn't have to sell and buy the shares again, it just all transferred across in about 4 weeks very easily. Then ii will hold them in your name and Computershare will know who you are. ii can handle the W8BEN. ii will charge £9.99 per month for this service for managing an ISA as it is a more dedicated service for the reasons stated above, so depending on your divi income the 15% WHT may be more or less than the £9.99 per month cost, so it may be worth it. Hope that helps.

hi adv11, I don't think this is DGO's fault.
I think it is because you hold the shares in a bank share trading account. I had my DGO shares in my HSBC share trading account and they said they cannot apply the W8BEN to an individual's account as they hold all the shares in large nominee trading accounts and not directly in your name. I transferred my shares to ii, sent them a W8BEN and have just received the divis with only 15% WHT deducted. I think you may need to transfer to a dedicated share trading business, and maybe check first they can apply a W8BEN to your account as they hold them in your name as beneficiary. Hope that helps