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Was in my IG first thing this AM.....they are also good with DEC dividends if you've had the misfortune to hold this share for a while...

Regardless of the ongoing shenanigans of GKP, it was great to see dividends reinstated. Do people have a view on how many more we can expect to see this year other things remaining equal.. 1 or 2 more of similar value this year would be great !!!

Or am i just living in La la land!

Thanks - i was just wondering what other peoples take are on it are .... All BOD's are the same in my opinion! But they are on the gravy train.... It would be nice if they could up revenue to continue the BB, and a 2 or 3 % yield to soften the blow! But don't worry - once i sell ..... the pipeline is more than likely to open that evening!!!!!!

some are very knowledgeable here, so i would appreciate your wisdom!

i have 5k's worth of skin in the game - so a nice chunk of change to me,,,,,,down 25%ish

basically - how much profit do we make every month?

and basically how much oil did we produce via pipeline and how much are we pumping now?

to me, this is like a high stakes game of poker....who will fold first.....last man standing scenario. we had 4 players at the start of this **** show... bagdad, iocs, turks and krg. all holding different trump (picture) cards ie water.... turks seem to be out.... ?????? will bd ever fold.... got along without the oil revenue... so what will get them fold... i'm personally starting to think they want it all and will wait..... unless krg do a russia and find other routes to market.

So i was right ;-)

On this point and i have no evidence whatsoever, but i suspect the buybacks are all happening on UK held stock. But my view on BBs is that - Dec is a reasonably run company with a operating model that works. (The general public and most analysts couldn't get their heads around the hedging model) And like a normal well run home, every £ is accounted for! ( a little for a rainy day a little for savings etc) It's not awash with free cash money to splash on shares. But i do suspect they are keeping back some dry powder for the next set of acquisitions The quarterly dividend, interest rates, negative / false PR gave the company a headache which we are still recovering from. And for balance --- i hold at an Avg of £15.... or 75p in old money. Therefore the dividend is not so great for me anymore so i need a bit of capital appreciation. I am hoping to get back to £20 to make the pain of the last year go. ( They did screw up their last fund raise and that was the start of their problems...... So hopefully lessons learnt - new hedging at their right price, new self funding acquisitions, and maybe even a special divi or two..... over the next year or two. Otherwise the current divi is too low for all our aspirations & risk!!! Just my musings!...

What a day, not a trader whizz - else i would be in Monaco. But is there a mechanism in which you can buy shares before the market opens....i often hear / read about after the market closes type of trades - would like to buy a chunk at the UK closing price before the market opens tomorrow.

Literally, squeezy bum time..... 5% drops on an £11 pound buy is annoying 5% drops on £20 average is beyond vexing !

Annoyingly i cant place a buy on Dec at this price.... slightly frustrating - C 11.3

Secondly - i use IG and am happy to do so ( i just get charged the 15% on these bad boys!) - however i want another ISA platform, ideally with cheap holding fees for another set of shares i just want to build up and forget about.......

Not HL.

good luck all and it would nice to see our price catch up to the US and beyond!

Thanks a good note, and also a nod to Damofal, its useful to have an rational and objective view of ones own holdings. Two points i'd like to make - it just lacked the clarity / facts to make it a - For these facts this is why i would sell. Two, it's hard (impossible) for folks to read into a company's true financial state. I worked for a large company that had c £1Bn PBT in one of its divisions yet externally they only posted out £250m PBT . The rest was invested / and used to increase the PBT BY 12 - 15% per year to show what a great growth story and strategy was in place. - PS - The investment never really accelerated the growth in the division. Finally - and this is only gut feel and from what i have read as i do not know the dark arts of the MMs. It looks like quite a few have the strategy here of buying in the run up to it going EX Divi and then flogging before the date - probably as to not incurr the divi tax we are now saddled with. And to the high interest rates and low sale volumes - sells are having a big impact on share price. And another fing ;-) The next divi statement around the 13th November will be key. - I personally think they will up it by between 1 and 5 Cents for the year!

It's obvious that a number of recent new posters have come to board to stir. Can i ask our reasonable contributors not to indulge these folks (they have a strategy, albeit a little unsavoury for my pallet) by not responding to threads with libellous titles and phrases better kept in fiction novels.

Should they want to air their opinions on companies with this type of talk. i could give them a few companies i am invested in, or better still a few on my watch list!

Happy to post a comment that pushes them below the fold!

I am in no doubt that the timing of the results just after XD is intentional. Fingers and toes crossed that it is a little cherry on top of our dividend cake. Plus its no coincidence that a big trade has gone through in Divi week.

I use IG as my trading / investment platform. However every morning i notice that TRIN is marked with an X meaning you can't trade any shares with it. This often happens when a share goes berserk in either direction. I don't know the dark arts of the MMs but every morning there seems to be a period when something is happening with the TRIN share market. Be interested to know if anybody as noticed something similar or possible reasons whey this is happening.

Good luck all.

Very unlike DEC to not post a RNS for awhile. Perhaps its just a case they have not managed to write any new business but with the quarterly dividend imminent I was expecting something this AM.

So what's the reason !

~ US Listing

~ Special Divi

~ Merger

~ Taker over

~ or something else including nothing at all!

Good luck all.

I am little surprised there hasn't been an RNS. I do hope that "no news is good news" !Perhaps they have too much free cash and don't know how to report it at the half year.......sorry just a little bored at work.

I totally agree with what you have said, however that can be said for all shares. Why invest with the big oils or Banks etc if the yield is going to be below c5%. We all suspect that the share price will also appreciate giving us all another capital bump up by c15%. (That just gets us to recent placing price) . I'm also hopeful that the March dividend will be increased to $0.045. PS - i am right in thinking that i need to subtract 1.5% off the quoted yield due to American Tax. So 15% is in reality 13.5% (FX not included) - good luck all.

Sold a 1ks worth at 9.57am..... pity it wasn't another 6 i am sitting ugly on!

Depends if they own all the bonds!!!

I suspect the company believes its value is at a minimum, c£1.20, hence the offering at £1.05 as a sweetener....

i am not favour of BB, just give me the cash or go on the acquisition trail..... In todays ESG world, value/fundamentals no longer seem to matter. The low market cap oilers are being taken out / or into private hands by all financials instruments available, Bonds and loan covenants etc . And there is little the PI can do about it..... Look at Hur!

For now, i am happy with the dividend yield and will add up to £1 ( psychlogical logical barrier for me) or possibly £1.05 if feeling greedy and giddy at those prices. I can't see them increasing the dividend next .... not even to 0.045 / quarter as these prices and yields and the optics of it......

For reference its my largest holding - Breakeven at 98p

As I see it - KRG will want to retain some autonomy over oil and get paid what they think is acceptable, Bagdad will want to take its cut and will offer a few concessions, either way we will end up losing x$ on the barrel. However if this gets agreed and stability and payments resume then we can ramp up production. Win Win Win
If Bagdad plays hardball and turns off the taps then I can easily see KRG informing Bagdad - if we don't get our oil/money then you are not getting yours! lose lose lose
Just look at what the French do with the mere mention of a pension increase to 63???