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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.

Yup, there are 3 major tailwinds blowing DEC higher...

1. Huge share buyback by Peel Hunt

2. Shorters facing capitulation

3. Joining the Russell 2000 index where trackers must buy in

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 🇺🇸

DEC now busting thru the £11 level. A very bullish sign. Time to think about the £12 level, as the next stop on the DEC train. Choo-choo!

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 He has pivoted away from outdated dividends to a modern growth plan.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 to see DEC rising, while the overall US market is falling. Closed near its daily high. More bullish signs. Rebounded strongly from the post-inflation flash crash at 1050p. A chance to buy the dip, and let it rip.

A freezing-cold 2024-2025 US La Nina winter would be the cherry on top of the DEC cake.

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.

Lot of denial about DCA here!

However, the odds are quietly stacking up against the banks. Popular folk-hero Martin Lewis is pursuing the DCA case with zeal. The FOS Ombudsman has already ruled in favour of the consumer -- twice. The FCA has opened up an investigation -- something it only does when it thinks it has a very strong case. There is a related precedent for overcharged loans with hidden fees, called PPI. So far, the scores on the doors for DCA are "Consumers 5.... Banks 0"...

As predicted, there's the 1050p 👍 The shareprice curve has turned parabolic. The bulls are in charge. And DEC is still at less than 1 x PE ratio, versus a sector average of 7. Now we know how Charlie felt in the Chocolate Factory 😋

LTI,

Car dealers and third-party brokers were adding hidden commissions on top of bank loans, and not always telling the consumer about it. They were mis-sold. They were overcharged. The practice was finally banned by the FCA in 2021. Two cases referred to the FOS Ombudsman have already found in the consumers' favour (not the banks'). The FCA is set to rule definitively on the subject in Sep 2024.

Imagine if a little old lady bought £10k of LLOY shares for her pension today at 54p... But her broker had quietly popped 2p of commission on top... but didn't tell her about it... while everyone else with a different broker had paid just 52p... and they were laughing at her... She'd be (rightly) miffed at the hidden charges and annoyed that she'd overpaid... That is what has (allegedly) happened with DCA car loans. The pricing was higher / lower than claimed.

Let1tbe,

Many people don't understand the DCA scandal. Many UK banks (allegedly) overcharged UK consumers with colossal hidden fees for car loans in 2007 to 2021. Martin Lewis reckons it could cost the industry in total up to £40 billion in compensation (about the same as PPI). We're talking telephone numbers here.

Mvarawa,

Nailed it. UK (and EU) politicians are quietly replacing democracy with oligarchy since the late-1990s. The will of the UK people is being replaced by the will of the lawyer. And that lawyer is appointed by (or favourable to) a political party. They dress it up in fancy words, like "Supreme" (court). But it's basically using the veneer of "law" to replace democracy.

Feels like DEC is trying to rally to the 1050p level today!