Member Info for Mando_

From Alliance News today: BERENBERG RAISES CENTAMIN PRICE TARGET TO 138 (137) PENCE - 'BUY'

Cheers Dalius, I'm planning the same, expecting a SP drop on the 29th and holding strong for a rapid run up over the next couple of days hopefully with a sell plan some time on the 28th. The last 2 broker ratings around 1670-1680 is a bit too far in the future for me I think but I'll probably buy back around the 3rd August if there's a good drop ex-div day for some short term gains. I thought the RNS looked good though so I may reduce weighting. I'm just a private trader for my retirement fund, I'm no expert lol

no worries duster. pleased to see the SP positive again today so far. Fingers crossed we've now seen the bottom of a V and we get a good break out for continued growth passed the ex-div date.
DEC is 4.5% of my personal retirement portfolio currently. Not everyone here is out to trash shares, they're genuinely looking for links or data to support their own research.
ATB

ATB

Hopefully here comes the 14 day run towards the ex-div date 05/08/2021, paying 21.43p, or 4.83% (at current share price at 444p now). SP +1.83% today after a flatish day yesterday. Time will tell but fingers crossed

Good luck everyone

Hi Redtom

Thanks so much for your time and effort in sharing the information below. This is the type of confidence giving information I was looking for from another investor interested/invested in DEC.

I joined this chat group hoping to find people who had more lengthy knowledge and detail to hand on this stock and you obviously do.

Fingers crossed for the strong rebound

Cheers

Sold off yesterday at 87p at -8%, saw the rebound this morning and bought at the top at 90p.
I'm a moron!
Bad times
ATB everyone

So I'm currently way overweight and down -2.57% on this stock and we're 8 days from a 3.83% ex-dividend opportunity.
Recommendations?

I understand you want to only pump the stocks you're in, but if you think this tiny little message board makes a difference to this stock I think you may be a little deluded

But I hope the share does rally. I said I already bought and am holding. (I'm just not holding around 114p or 108p lol)

ATB

hahahaha duster. I see you've posted on DEC before on prices around 114p and 108p from looking through your chat history, and you've previously called other people clowns/fools who question this stock around those prices, so who's the clown pushing this stock back when it was 114p considering its dropped so much since?

Found a longer chart going back a few years on Yahoo Finance and showing historical dividends more. Strange that TradingView doesn't show further history data from the previous company name I guess? All I could basically on TradingView charts is a decline since LSE listing. Thanks

duster. thanks, your next post was more useful. Where are you seeing the pattern please? I use TradingView for my charts but it only shows chart data from 4th May 2021

I'm hoping those quarterly dividends continue and don't dry up after the next payment considering the pre-tax profit per share has been dropping the last couple of years and was negative last year.
https://www.londonstockexchange.com/stock/DEC/diversified-energy-company-plc/fundamentals
My concern is if it looks too good to be true it often is. Having said that, I'm also looking at DarkTrace now and pulled out way too early on that new stock and have just watched it rocket since...
I'm hoping the DEC the drop is mainly around oil price reductions through the increased OPEC+ supply potential and we're at the bottom of a V at about 98p.
Like I said, I'm still holding but if anyone has some useful insight or other thoughts please share it
Thanks

Still a good question a over month after the original post.
I too got drawn in on this share over a month ago based on it's good fundamentals and one of the highest dividends in the market coming up so the price still looks very cheap to me. I'm currently buying more, hoping for a run up to ex-div date. I'm averaged now at £4.54 and currently down 4.93%. Fingers crossed...

Hi all, I'm a bit nervous about posting this as I don't want to make fud on this stock as I own a fair amount of these shares myself, currently sitting at a small loss. I'm struggling to understand the SP drop, the accounts look ok, the dividend looks incredible, the investor presentations shows a good acquisition growth strategy, Oaktree capital have invested and I assumed they performed good due-diligence on this company. So the quarterly dividend almost looks too good to be true at this price. So why the SP drop? I'm getting bit nervous of a investments scam now... The company name change and new listing on the LSE also make me a little nervous as almost all the information I've read comes from their investor presentations. I google maps searched their Head Office and it shows only parking spaces for 38 cars and the building looks a bit sh*tty for a $1bn mkt cap company with over 1k employees to manage (although most are remote workers I expect, but still).
Someone please have a go at me and explain why I'm wrong and it's a solid company!!! I want to be wrong and I need a comfort boost !
I'm still hodling. Cheers

Someone somewhere def knows something about CEY. Why the 1.54% run in the last 30 minutes without any movement on Gold? Anyone got any ideas?

lol - thanks for the information halfpenny! :-)

Cheers Tibbs

I agree to that on the basis references are cited with dates... Otherwise posting out of date negative info is just fud.

No worries. I guess I'm a bit sensitive on CEY. I' m up to my eyeballs in the stock lol

Hi RazorsEdge. Ok, maybe I was a bit harsh and sorry halfpenny if it was a genuine error.
But I see halfpenny's post being created today at 08:22 with no reference links and as gold price rises, so I google searched the full wording from the post and the first search result took me to the article I linked below which is dated on the page 02 December 2020. So it seemed like a fud post to me..