Member Info for TerryM1

Great find Spondy

This should help HH spot price in time and hopefully HH futures now.

Just had a message from HL

"We recently let you know we were restricting any further investment in your holding of Urban Logistics REIT plc Ordinary 1p. This was because we hadn’t received the annual fair price and value assessment to assure us the investment is offering good outcomes and value for investors.

We’ve now received the assessment of value for this holding. The restrictions have therefore been removed and it’s now available to buy again, if and when you wish to.

As a reminder, if you had an existing income reinvestment or regular saving instruction into the investment, it would continue as normal.!

Kipper9

Thanks for info, I have some VOD, as you know we have GG on DEC, MDI on FUM, WRECKINGBALL on SVT (all shares I own) and of course as we all know SK is also on BT (another share I have a few in). I am sure there are many others around on other sites.

"@Terry, he/it will move on if you don't reply mate"

I was thinking this before but does not seem to be the case, hoping if enough posters tell him they are not interested in his views he will find another board/company to have a go at, but knowing my luck it will be another share I own.

However I will not engage in some endless conversation.

"in the DEC price movement suggests their bots are triggered by it. I'd suggest the sharp downturn a year ago or so may have sucked them in"

Could be the case that BOTs started to play more with this share as it has been volatile but automated trading tends to be quick buys and sells. It is difficult to know what moves a market but a large number of small sells can adversely effect the price out of proportion the the quantity. Once told off by II because I made a number of smaller trades to avoid the high commission costs of one large trade, £3.99 against £40.

In the last 3 weeks we have seen a significant price drop and some recovery even thought we have dividend reinvestment and Russell Index, could this be a dump and pump but the cash for BBs found to be wanting probably added to the drop.

With BBs at this tiny level I can't see how this could cause around 2% increase in a short period.

Current Short Tracker of Positions over 0.5%

Arrowstreet Capital, Limited Partnership 0.64%

Bridgewater Associates LP 0.92%

JPMorgan Asset Management (UK) Ltd 1.70%

Millennium Capital (DIFC) Limited 0.56%

Millennium International Management LP 0.79%

Qube Research & Technologies Limited 0.58%

Voleon Capital Management LP 1.41%

Walleye Capital LLC 0.79%

Total 8.05%

Non of these are close enough to 0.5% for these small BBs to have pushed them over the threshold, even the smallest at 0.56% would require BBs of 12% of the company, this is many years at current BB levels.

SK

"Had AH & CPI failed to win this contract renewal it'd have delivered a seismic blow."

What a ridiculous statement, CPI have lost contract before and yet it still exits winning and renewing contracts. You have a one sided view and your agenda is clear to all, trash CPI while having no intentions of buying shares. Yes you once considered buying CPI shares, we all know that, you have told us time and time again CPI is a disaster, it is time for you to move on.

I am fairly sure AH will not have allowed this to be renewed unless there is a decent profit margin, why would he, after all he will held be responsible if CPI do not start to make some profits. Low margin contracts are last years news, this is a new world where all current outsourcing companies can see or have felt the pain of low margin contracts and unless your intention is to bankrupt your company you will not take these on.

Once SK has lived under a Labour government for a few years he will change his mind, for me the last Tory government are more like New Labour on steroids, more tax, more control, bigger government etc.

There are 2 plus points for me with Labour, moving closer to the EU which could make my exit from the UK easier and more immigration so house prices are likely to rise along with a relaxation of planning will make it easier to get permission for development on my land, already had a conditional offer from a developer. I am not saying these are good things just good for me but I can never vote Labour and will not vote for this current lot of so call Conservatives, totally useless just not as bad as Labour.

So for SK he can look forward to lower returns and more tax on investments while house prices rise and after the Labour policies for growth fail (they always do) more tax (labour always put up tax) on other things to fund bigger government, more give aways here and abroad it will be a painful experience.

Anyway back to CPI, the next year or 2 will be interesting as the failed outsourcing companies contracts are redistributed to other companies (CPI will not doubt get at least some) and prices go up for these contracts just as CPI is becoming a leaner more efficient company.

"unlike BP and Shell, WDS is an Australian company , so free of the threat of of a misguided Labour government"

I agree with the general comment but Shell and BP have only around 5% (and falling) in the UK, they saw the sentiment to O&G in the UK and have been moving out for a time. Shell will probably move the listing to NY in a year or 2 and BP will follow. In some ways more tax on UK O&G is not all bad for Shell and BP as less is produced in the UK more imported by Shell and BP produced in a lower tax regime so more profit. The likes of Kistos, Serica and other small produces are the real losers, Harbour not so bad as it is moving out of the UK now.

I see there is a shortage of gas in the east of Australia and WDS is one of the companies asked to help out

https://www.reuters.com/business/energy/australias-east-faces-immediate-gas-shortage-amid-cold-snap-outage-2024-06-21/

Looks like DEC got some Viagra in NY just before close, hopefully a good day Monday.

Google Finance has a number of high volume after hours trades, last price $13.60 but not sure how reliable this is.

"More contagion in this sector suggests some big troubles lie ahead for CPI"

IMO this is good news for CPI, competitors in trouble, some more contracts could be heading CPIs way and very little chance competitors will try to win contacts at low price any more as they will end up out of business. CPI already leant this lesson.

If you are so convinced CPI is in big trouble and you are not going to buy CPI shares why keep hanging around. Do you think you know more in your few years investing than the rest of us put together many have decades of experience but we really need you advice which is not based on facts just opinion on what we should do. or are you just here to wind up as many people as possible.

Notrex

What I really do not understand is why the IIs put up with this, they have the power to put the brakes on Trusty Rusty's shenanigans but do nothing while their investment plummets. However seen this type of inaction a number of times on other shares that ended badly.

As I said before if the IIs are unhappy with the strategy that is trashing the SP put pressure on and get it changed, if they are happy buy more shares as it must seem a great bargain compared to the cost of their current position but of course they do nothing while they still get great commission.

tazed

I think Rusty is far more concerned in becoming the JR of gas than the SP and as I said if SP falls he just gives himself more shares to compensate. Also get more shares on the cheap from future director share deals, increased salary as he is running a bigger company. Heads he wins tails we lose. If SP fails too much say in half then another excuse to reduce the dividends so more money for wells.

Also talking on high price fixed rate long term debt in the current market is not popular and in fact neither is high levels of debt.

It is clear that the market have lost confidence from the plummeting SP, 8% yield may be good now but no one trusts Rusty to not drop the dividend again especially after he stated nothing has changed twice while planning the drop and after the this drop it is now officially a dividend trap. Fool me once shame on you, fool me twice shame on me.

Rusty is not stupid, if DEC SP goes down he just gives himself more shares as he tells us he is doing a great job, It is only people like us that take the hit.

Not really, there is a lot of talk that this debate was brought forward to test Biden and if found wanting which he was in spades will be replaced at the August Democrat convention which could well be a game changer and leave us in the air of what is going to happen to O&G in the USA. Just more uncertainty around DEC.

Difficult to know what this really means but at a guess may be to do with dividend reinvestment as this will be a lot of individual trades wrapped up in a larger trade for a broker but seems a bit early in the day for this, perhaps Russell Index buying on LSE and moving shares to NY

Anyway the rise today in general could be to do dividend reinvestment and Russel Index but whatever it is is good news and has broken the down trend.

This was a trade of 62,592 64 shares with a value of £647,092.45 type Off-Book SINT reported at 8:45:16

SINT trade refers to the trading activities of a Systematic Internaliser, which is a type of trading venue that uses automated systems to quote prices and match buy and sell orders in financial instruments.

So it was a matched trade, buy and sell which is to be expect as this volume is above what MMs hold.

So 64.7k trade with value of £647k

Hopefully a good sign but who knows

Up a bit more, Numerco 84.50/86.50

"Well a positive day in the UK receives a slap round the chops from the US investors. Looks like more pain in the morning."

Looked that way as it dropped below $13 again but back up to $13.14 which is a slightly up on LSE price, hopefully be OK tomorrow but who knows what can happen.

Notrex

Now the shorters have seen the BBs have run out of steam and only a token amount of cash allocated was only a mater of time before these increased, at this rate Rusty and the gang will put us back in second position on the most shorted list, not far off now.

Been keeping an eye on shorts as I was expecting an increase due to reduction in the BBs but you beat me to it.

Looks like Rusty and the gang have fast become the 3 wise monkeys when it comes to DEC SP.

Dazzle1000

Yes I should send another message to DEC IR, sent 2 a time ago about the BBs polite but firm, had to chase these up a number of times before a response weeks later. The response was polite but useless, did not address my questions/concerns just a set of standard statements that meant nothing. Also been voting against a lot of the resolutions like directors salary and more but voting for the essential ones like auditors etc.

I really do not understand the IIs who go along with this, they support everything that has happened so should be happy but don't buy more shares at ridiculously low prices or even sell. If they are not happy do something to change it, if happy increase your position at lot lower cost than when you started.

I believe DEC has a good model and should give good returns but has lost contact with shareholder value, acquisitions may well be the right move but at the wrong time and especially don’t like high priced fixed interest long term debt. Oil and Gas companies are in a mature market where dividends really count otherwise what is the point of owning millions of gas wells in 30-50 years and the world has moved on requiring very little gas.

There is a saying I heard at trading club, "It does not matter what you think, it is what they think that counts", the market has told DEC in no uncertain terms it does not like acquisitions, more debt and trashed dividends in the current environment as I say there will come a time to expand and unless Rusty takes this onboard us long term shareholders will be stuck with huge loses.

For me this is made worse as I moved all my DEC shares to my SIPP to avoid WHT as the dividends were so good, this means I can't take advantage of Capital loses against other gains especially as the CGT threshold as been reduced to £3000 and the WHT is much less of an issue since the dividends were trashed. Expect increased CGT under the next Labour Government so bad on so many fronts.

My pension is down a lot because of DEC and taking all my accounts into consideration in the last few years making a lose, without DEC would be well into profit especially my SIPP.

Rusty needs to become more focused on shareholder value and not regard DEC as his personal play thing to fulfill his own ambitions and if it goes wrong just give himself more shares for compensation.