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Another great week on the DEC train. Now up an impressive +37% in just 2 weeks. One of the best-performing shares in the world right now. Technical charts look very bullish, with a strong double-bottom formed. Two of the 6 shorters have now started to reduce their short positions. Peel Hunt has the power to buy 10% of all shares, a huge buyback program. Takeover rumours swirling the oil-and-gas industry, such as BP, means DEC could become a takeover target for industry consolidation. The firm has some of the best ESG (green) credentials in the industry, a leader (for example) in the methane space. DEC is growing revenue, cutting debt, and increasing profit The PE ratio here for DEC is at 1 (and rising), versus a sector average of 7. Significant multibagger potential upside. The DEC train could become a rocket 🚀👍
Iran-Israel mini-war, oil price re-rising, US inflation making a comeback, Fed June rate-cut hopes fading, famous US billionaires offloading stock last month, disappointing financial results from US banks today, Nasdaq and S&P plunging below their 50-day trendlines. It all points to the S&P500 sliding back under the 5,000 level in the next week or two ↘️
Yes, this is starting to move. The HEX IPO was heavily oversubscribed, helium is a critical (irreplacable) product for the US, and helium prices have rocketed +800% in the past 6 years alone. HEX is a hot drill in a hot state in a hot country for a hot gas.
Alright, people. Yet another +5% day! Day after day. The CEO has become "Mr Five Percenter". The 1200p level now may be here sooner than we think. Charts look very strong. And NY comes online shortly, to replace the misery and gloom of London.
As predicted -- yet again -- DEC zooming up and away to the 1150p level. All eyes now on 1200p as the next stop. This is an incredible share and company. The PE ratio is still less than 1, versus a sector average of 7. And with takeover rumours now swirling the oil-and-gas industry, such as BP, that adds another tailwind here for DEC.
Anybody trying to daytrade a tiny pennystock with a ridiculous 33% spread needs a checkup from the neckup.
Don't forget cryptos. Bitcoin alone consumes 3 times more electricity than all of Switzerland, and nearly as much as all data-centres on the planet combined. More positive tailwinds there for fuel suppliers (like DEC). They (indirectly) make DEC an AI and crypto play.
Moving on to the share price, and DEC has jumped another +3% tonight in NY. Every time I open my stock app, there is more money in it. DEC looks set to make a push for 1150p on Friday. The CEO is doing a fine job here.
Up a huge +35% in 2 weeks. DEC is building a head of steam and becoming a momentum play, as well as a growth play. The CEO's new plan -- for higher growth, lower debt, and a giant buyback -- is wowing the market. Well done to the CEO for an impressive turnaround. God bless America 🇺🇸
The Bank of England (BoE) are some kind of joke. Too slow to predict inflation, too late to raise rates, now holding them too high for too long, all while continuing to perpetuate a culture of gloom and misery and talking down the UK's future prospects. More like the Bank against England (BaE).
The CEO is doing a great job here. He has pivoted away from outdated dividends to a modern growth plan.
What's more, the DEC buyback program is buying back ~10% of all shares, the shorters have ~5% of shares and will have to buy them back if the share price continues rising strongly, while Russell 2000 trackers will have to buy in during the coming weeks as DEC joins the index. There could be "forced" share-buying of 10-30% of the entire company in Q2 2024. That is a major tailwind.
As predicted, there's the £11 level 👍 Up from £8 in just 2-3 weeks. If current trends continue, DEC will be £20 by the summer. Its prestigious Russell 2000 listing is coming in May-Jun 2024, when the big Russell tracker funds will have to start buying in. And the higher this goes, the more the shorters (who own 5% of stock) will have to buy back their shares.
Great post 👍
Since Brexit, the UK has soared from 7th to 4th in the worldwide total export rankings. UK remains the world's no.2 services exporter -- a global services superpower.
That is on top of a new survey this week (re)confirming London as the world's no.1 best city on the planet, beating every country on Earth, and outperforming over 10k rival cities.
As many have posted here for years, the UK is in (much) better shape than the relentless daily waves of BBC and newspaper doomscroll hysteria would have you believe.
The US remains the key to the world's lab-meat future. The US will make or break the industry. The whole world dances to the US tune. Right now, roughly 10-15% of US states want to ban lab meat, while 30-35% want to restrict it in some way. That means nearly half the US states are hostile or semi-hostile to lab meat. The Republican Party is not a fan of lab meat, and a Trump election win would likely create yet more headwinds in 2025. For now, the US looks bearish to lab meat, and, thus, by extension, the whole world.
This FT reports touches on how the US is seeing growing resistance to lab meat.
https://www.ft.com/content/afb4be5d-e363-4ef7-b509-2a4c909144ca
DEC is up (again) in NY today, and looks set to make a push for £11 in London this week. It was £8 just a few days ago. Stifel, an investment bank, has a buy rating and a DEC target of £28. A DCF calc suggests £35. A PE sector-average ratio suggests DEC can be £70. The multibagger potential here is colossal.