Member Info for TerryM1

Notrex

Yep, not so long ago we hit 11.59 (just over 2 weeks) when HH, the FTSE 250 and NYSE were lower so perhaps, just perhaps it will rise enough to get the shorters off out back and then off we go. We live in hope.

Don't need 6th sense just take a look at the HH price now 2.536 up +4.97% today.

If HH keeps rising should pull DEC up and at some point the shorters will give up unless !!.

Dividends are in my IWEB, II and HL accounts.

I think you will find Simply Wall Street is a BOT so take analysis with a pinch of salt.

US up and HH now 2.4, hopefully a good day tomorrow

"You only lose if you sell"

This is like saying my house burnt down with no insurance but it is all fine as I only lose when I sell and I am hopeful that with high inflation and land prices going up one day I will break even.

"I think Rusty is in this for the right reasons."

I think Rusty is in this for himself and his own ego, he does not give a damn about shareholders otherwise why would he keep lying and giving himself more shares while the shareholders are losing big time.

"I understand if you came in very early then ofcourse you’re still very underwater and it hurts I understand."

This all happened less than a year ago, I sold out in my trading accounts at a small loss (taking into account dividends) and bought a larger position in my SIPP so all current losses are less than a year old.

Engineerinvests you make some Interesting points

But

“definitely see this stock being able to hit the £40 per share range in the future.”

Many things are able to happen in the future like winning the lottery but what are the chances.

“ Natural Gas and its products are still and will still be essential ingredients to many products and services across the world”

Not if Biden/Democrats get there way and restrict US gas exports (already started).

“The problem is people on the LSE act in fear and scarcity. The LSE is highly undervalued as a whole let alone the individual stocks within it.”

The problem is DEC is also listed on NYSE which has done very little to add value to the SP.

“I am bullish on DEC because its dividend policy is unbelievably amazing!! Quarterly dividends at a high percentage… this is a company that is truly for the people.”

Well for me its dividend policy is not amazing, it is around 5%, the same amount I can get in an instant access account and far less than I can get in REITs, PHNX and many others. The only amazing thing is DEC dropped it by 2/3s in order to buy more wells after stating twice nothing has changed while planning this drop.

“ It is doing very well. And we are all benefiting from the dividends.”

I am not 5% is not great and if you mean by benefiting a huge capital loss to be used against capital gains not for me as it is in my SIPP.

“you had the blessed opportunity to buy up more shares”

I don’t feel blessed when I lose this much money, sure I could have made money if I could predict what the SP would do but then I would make more on the lottery if I could predict the winning lottery numbers.

"Why oh why can’t Peel Hunt buy 20,000 + shares"

Because they do not have the cash as DEC have either spent it in the last Oaktree purchase or saving it up for more wells. It is is the great Trusty Rusty plan, expand DEC at all costs (especially to shareholders value) to feed Rusty's Hubris so he is running the biggest company possible ASAP and then can pay himself more cash.

What have the last 2 acquisitions done for us

1st Acquisition.

Shares placed at 105p and started the SP slide from 110p to the 85p - 95p range (old money).

2nd Acquisition

Trashed the dividend and in IMO the SP, I believe a lot of the SP collapse from the 85p (old money) was caused by a leak of the new purchase which required a destruction of the dividend (while Rusty stated nothing to see here, no changes).

All these acquisitions going on as the HH price going in one direction, down and interest rates high.

In order to increase the SP they have tired dual listing and lying, nothing has changed (2 RNSs), brave new BB scheme which is anemic and useless.

The only thing that seemed to increase the SP was some BBs but soon dropped again after it was paused.

Rusty is a shorters deam and is he seems hell bent on getting DEC to the top of the most shorted companies.

"I'm very unhappy about the continued curtailment of the dividend."

Totally agree and I have been thinking this way for a time, would not seem so bad if there was some news on the progress of the sell off. I now own a high dividend paying REIT with no dividends.

API can still pay dividends while preparing to wind up so what is stopping ASLI.

"Or perhaps they’d known for ages they were going to chop the divi and told everyone e cent shareholders?"

I suspect this was planned for a time (would be factored in when starting to talking to Oaktree) and leaked out so explains the relentless drop in the SP and now stable once the news is out.

What is really bad is Rusty put out a couple of RNS's stating nothing changed while he was very likely planning the dividend cut to pay for the Oaktree deal.

Greedy4p

Don't know about Freetrade but IWEB will pay in GBP but you will lose 30% WHT not 15% even with a w8-ben.

You are not holding the shares direct so you will not have a SRN as they in a nominee name and the election for GBP or USD is on an institution basis i.e. every one in particular broker will receive in the same ccy. For my experience IWEB, HL pay GBP, II pay USD.

BB campaign = Pathetic!!!

Up again, Numerco 92.25/94.25

Diversified Energy Company PLC (LSE: DEC, NYSE:DEC) is pleased to announce that the Company will publish a trading statement with respect for the three months ended March 31, 2024 on Thursday, May 9, 2024. Diversified will also publish a supplementary corporate presentation to accompany the trading statement on its website at ir.div.energy/presentations.

Not sure what is happening as I can't find it elsewhere but it has been on Yahoo Finance for a time

DEC.L announced a cash dividend of 29.00 with an ex-date of May. 23, 2024

Https://www.livarava.com/finance/p/1503661

Also

https://www.cnbc.com/2024/05/06/goldman-bullish-on-nuclear-power-sees-upside-for-this-uranium-play.html

But behind paywall.

" Hopefully the NSTA will communicate what this means to the thicko government, whoever is in power"

From now until after the election all policy will be drive by politics, after that we will have a labour government and policy will be driven by ESG and Woke ideology along with tax and spend bit like the conservatives but worse. Shell will probable exit the UK followed by BP and many others. But this won't matter according to Labour as we will have lots of cash generated from green industry and jobs if they can only find the money to fund all this c***.

"Before you consolidate, you have to put a value on the assets, and it’s very difficult to do that if you don’t know what the fiscal regime is going to be,” said Mitch Flegg, the former chief executive of Serica, who has become an adviser to the company."

Pity he did not think this way when buying TW!