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The low gas price and high interest rate will have a lot of pressure on gas producers.
Will the low gas price add to the pressure of the DEC SP. Or will the DEC excellent hedge pricing draw in investors from other O&G producers?
As a shorter, you don't want a constant SP drop. You want to sell high, buy low. That's why now and again they pause and let the SP recover before smashing it again. DEC sporadic buybacks are a fantastic support for the shorters. If DEC bought daily, the shorts would give up and move on. Maybe DEC are happy with shorts, after all it keeps they BB purchase low as well.
What DEC board will not like is a shareholder revolt. Only then will they look after the SP.
Politicians are starting to pick up on the general mood that people are fed up with expensive forced alternatives to cheap fossil fuels. Targets are being pushed back to win votes. It looks like gas will be around a little longer đ
Low gas prices and high interest rates will be putting pressure on suppliers. I would expect some will be looking at ways to raise capital by selling old wells. It should give DEC some options of some bargaiin deals.
The next dividend is very safe and I believe many more at the same level or more for years to come. DEC excels at dividend shareholder returns. It's a fundamental corner stone of their business. One thing those slimy, blood sucking shorters will soon find out is that DEC rewards shareholder loyalty. When that message is received clearly by the market, the SP will recover. 30% yearly reward for anyone joining the DEC journey at the current share price levels đ
Almost the perfect entry point for REITs. Some good news coming but not built into SPs. Interest rate cuts soonish. As the labour market saturates, managers will have more power and push for a return to the office. As the housing market picks up, office conversions to residential will be more appealing.
A dividend cut would be a slap in the face for long term holders. The majority of us bought in at a lot higher price and receive a lower %.
To increase the SP, investors want certainty. Regular buybacks and commitment to pay the dividend at the current level for at least a year.
The share went down due to short sellers. They let people buy into the good trading update. Then sent through constant small sells. They then bought back in the same way. Making a small % profit but a good amount when you deal in the such large volumes. Each time DEC climbs, they repeat their despicable action. They also spread lies and fear to get even bigger wins. In any other walk if life, these blood suckers would end up in prison. But for some strange reason the UK authorities think it's acceptable to let them destroy good businesses and ruin small investors for the success of a few rich and greedy leeches.
Everyday starts with optimism and then boom, regular.as clockwork, the low volume short.sells. Easy money for the leeches to suck out of the SP. DEC have to commit to a regular BB policy. Also give a dividend intention for at least 12 months