Member Info for MrG123

NAV increase is very welcome news. Management sees a very positive outlook for the next few years. Very happy to increase today.

Low volumes in the US today but enough to pull the SP up.

JC01, sad to see another investor go. Good luck with your other investments.

I am surprised we have not had some news to explain the rapid DP climb. Maybe no news is good news 😁

UK SP pulled down just before the US open. It's now a static trading game. Can't see that changing in the short term.

Terry, you are right about a bad company to be invested in for a capital gain in the last few years. Pretty good before that though, especially for dividends. We have to accept the good times are probably gone for old share holders. I have been slowly moving out of DEC but only at target prices. The odd purchase below £10 when they drop. A slow retreat is working quite well, also the dividend payments in between.

Good to see the SP going back up after a big sell yesterday. Hopefully onwards and upwards for the SP.

Nice to see JUP as a top daily riser.

No buybacks yesterday and we saw a slight increase in the SP. This suggests no big selling. Interesting to see if the US pulls down or increases the SP today.

Rusty uses clever ways to acquire assets but the lack of knowledge to the market is destroying the confidence of investors. If he and/or DEC investor relations spent some time explaining it all, the SP may just be better supported. They can then use the SP to better effect to raise the funds needed. Win, win. It would also wipe out the tin hat crew in GGs house

A lot of good buying volume. SP of 60p beckons 📈

US resumes the same old pattern. Selling into the buyback limit. Volumes a bit down so far, maybe the seller(s) are slowing or already offloaded enough.

On a day of rising gas prices and record US stock market figures, DEC SP is quickly dropping. Nobody really knows but the suspicion is that it's down to sellers from previous share issue deals. Previous SP crashes have also been blamed on Rusty decisions. Some say on purpose and some say it's not. However, I think we can all agree that his/DECs communication (or lack of it) skills could be a lot better. Many companies with less profit and/or potential are flying a lot higher with a director that knows how to handle shareholders. Shareholders are like football supporters, they love success but quickly attack the manager when things appear to go wrong. A good manager can manage the expectations and explain their decisions. A team has a massive advantage if you have a good manager. I believe DEC needs a new or improved manger to get the SP to a level the business and shareholders deserves.

I don't mind if those invested argue about DEC or Rusty. At least we mostly have the same goal to make a little profit. What I really hate is anyone on this board not holding shares and talking 💩. Let's keep debating and no need for insults 👍

US have short hours today and closed tomorrow. Could be a good trading opportunity if the US seller(s) try a large share dump in the limited hours they have. Should be pulled back tomorrow in the UK market.

Anyone re-investing their dividends?

Forget the past. Dodgy news stories and shorters destroyed that business model.

In recent times, only 2 things have worked to increase the SP. The first is doing nothing but extracting and selling gas. The longer they do that without any deals, the higher the SP climbs. The second is large buybacks with the spare cash from the first action.

Trusty Rusty is not interested in the SP climbing, unless he needs to use shares for a deal. Now he has more finance not linked to the SP, he will not care if it crashes. I suspect buybacks have stopped for that reason.

Whilst he is empire building, try and buy below £9 and sell at around £11 with dividends in the middle.

Nice SP jump, maybe news leaked?

The US will not let this go beyond $15. Bringing it down quickly every day. DEC needs to start some more chunky buybacks.

Even with a few profit takers there are still a lot of buyers. Fully expect this to take off again soon.

Be fantastic if there are more mergers about to happen in this sector.

We have momentum and still plenty of room for the SP to grow into. Well done to anyone who kept the faith and even kept buying during the low.

To look at in a positive way. Credit for oil and gas has been drying up and/or becoming very expensive in the last 2 years. There will be some desperate sellers and not many companies like DEC competing for them. In fact, DEC now sits in a very good place in a buyers market. They have the capital and no pressure to buy or not, they can make silly offers.