Member Info for MrG123

A lot of buys going through today.

The results will be predictably as good as the last ones. The share price will not go anywhere I'm afraid. Unless the board start some serious promotion of the company. They need to convince the market that the focus is on generating cash, paying down debt and rewarding shareholders with a very stable dividend. No more fantasy schemes until the economy improves.

For once we have some support from the US market. Maybe a turning point.

DEC is not some dodgy AIM company. It's in the top 250 companies in the UK. Has the most gas wells in the US. It generates a lot of profit and pays shareholders a big chunk of it. The board need to promote it. If they have lost the enthusiasm to do it, they should hire people who can.

Another brutal day for DEC. Hopefully Nov will bring in some new investors.

Why would the directors agree to such a low takeover price when they are heavily invested at a higher price? The market may not value the business very high at the moment but the board does. This board is not your average greedy bunch that move from company to company milking it for themselves. They created the company and have friends and family working within the organisation.

The business is so misunderstood that we will be asking the same question in another 10yrs. By which time the dividend payments would equal more than our investment. 5yrs for any new investors a todays SP.

Some big sells going through today. Further pressure on the SP ☹️

High long term interest rates will result in longer higher gas prices. No company is going to give gas away at a discount. Dec will lock in higher hedge prices and can keep the dividend payments.

It looks like the buys are finally outweighing the sells. Could this be the start of the SP recovery?

Everything is positive for natural gas yet DEC is constantly one of the worst daily performers in the FTSE 250. DEC sees no reason for the share price decline but is not doing much publicly to justify why it should be back well over £1. The directors have to keep pushing for investment. They need to keep telling the market how great the future is.

Gavster, the report mostly talks about orphan abandon wells. None of DECs wells fall into the category. I see the report as fantastic news for DEC. They manage old, end of life wells so well that they could gain additional business sorting out other's problems. Companies will not be able to transfer old wells to anyone in the future. They will only be a few companies like DEC licensed to buy them. There should be cheaper assets and probably sold well before they would have been.

No, just someone whose been trading shares for a very long time. I'll make no excuses for putting DEC up the top as my favourite investment of all time. It has short range trading and long term progressive increasing returns. I see the current SP as a opputunity. Looks like the directors also have the same opinion, judging by the their recent buys.

Notrex, a lot of companies SP is well below the companies value. Mostly as investors are moving to a higher cash position. That will turn quickly once market confidence returns. That is fully outside of DECs control. All they can do is pump and sell gas. And nothing has changed for them in that respect.

The company is not in trouble in anyway. It's the same today as it has always been. A well run company that supply's predictable gas at a mostly predictable price. It generates a good level of predictable cash and pays a good portion of that to shareholders. The remaining cash is either invested, used to pay debt and sometimes to buy back shares. On top of that, assets are responsibly managed and they have outstanding ESG credentials. The share price is down to buying and selling. Currently lots of heavy selling which DEC says it not related to any company issue. As for a takeover, it's highly unlikely as DEC is unique in there well management. They are the best by far at squeezing value out of old wells. Please celebrate the opportunity to buy shares at a silly low price and stop inventing negative scenarios.

Gas prices climbing around the world. Extra cash for the un-hedged production and a chance to lock in higher future hedges.

Looks like the doomsters have left the building. Be nice if DEC could mop up the excess shares with another round of BBs. We really want to keep a daily upward trend.

SP has good forward momentum now. Buy quick and enjoy the ride 👍

500k buyback shares yesterday. Some serious support now.

A good end of day. I'm hoping momentum continues tommorow. Fear of losing out will take control if this jumps +5%. This could climb over £1 as we approach the next dividend. Trek could be retiring on a luxury boat by Christmas.