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Https://finance.yahoo.com/news/glencore-sees-yet-another-strong-062033856.html
Looks like this has been written by a BOT as
"Statutory earnings per share are anticipated to plunge 92% to US$1.33 in the same period."
as this is probably not taking into account share consolidation but gives some good analysts
SP predictions.
Https://finance.yahoo.com/news/growth-investors-industry-analysts-just-052740381.html
https://www.***************************/diversified-energy-company-2023-results-and-financial-outlook-analyst-interview-summary-londec/4121152818
"What is special about the number 3,750? Does it have some sort of mystical significance"
A good question, this is on a need to know basis and only those in Peel Hunt know but must be very important because DEC paid Peel Hunt a lot of money to work this out and buy this amount back each day no matter what the SP is, Genius!
Like you notrex I am generally not a fan of BBs as these tend mostly tend to favour the BOD by increasing earning per share which BOD use to give themselves bonuses but BB are at the expense of the balance sheet.
However the cases when it is good are
1. Well below NAV
2. Significant saving on dividends against cost of BB
3. For out of favour companies like Oil and Gas to compensate for ESG sell off
4. Burn shorters
There is one more reason for DEC is that they promised BBs and gave the impression these will be significant so if this does not happen it will be another lie and not good for the SP.
The daily size of the BBs is less than a number of my purchases (what a mistake) so at present too low to have a significant effect.
Some people say they do not work but if you look at the days when a decent BBs have been made the SP usually rises against other days where it falls.
Https://www.londonstockexchange.com/news-article/SHED/q4-performance-update/16426443
Looks good to me, hopefully this will start to show in the SP.
"I understand yah pain and grievances, has anybody vote against Rusty being made? CEO? Did anybody voted against the dividend cut?"
I voted against everything except the ones like keep the auditors and others not associated with directors or dividend cut.
"Write to or send email to DEC BoD of your concerns"
Already have and got ignored until I sent a few reminder emails and then got a standard useless response.
"There are probably people on here buying more than Peel bloody Hunt "
There are probably many people selling more than Peel Hunt and add in the extra shorts.
As I have said many times to stop this SP decline you have to burn the shorters, this company is in play, I recommend a flame thrower not a candle approach. As for the excuses they did not have enough money they seem to have found it to buy more wells, not a great move when you can BB your own wells a lot cheaper than the new ones. Trusty Rusty has only one aim which is to grow the company at all costs especially to existing shareholders.
"He's not the Messiah, he's a very naughty boy"
But he is now our best hope to get out of this mess, so far I am pleased with his approach and a breath of fresh air after JL sell everything, lie and put your head in the sand strategy . The main issue for me is will the workers understand this is our last chance and accept the changes.
Balanced Commercial Property Trust commences strategic review due to 'material' discount
https://www.investmentweek.co.uk/news/4197134/balanced-commercial-property-trust-commences-strategic-review-material-discount
Https://www.-d-i-r-e-c-t-o-r-s-t-a-l-k-i-n-t-e-r-v-i-e-w-s.c-o-m/diversified-energy-company-receives-positive-model-update-by-peel-hunt-video/4121151530
I will try again as you know remove the -s
https://www.***************************/diversified-energy-company-receives-positive-model-update-by-peel-hunt-video/4121151530
looks like peel hunt are getting active.