Member Info for TerryM1

Kubrick

Yes, as you say just divide by 15, but £0.19 or 19p.

I am looking for £3.30 as that was the last poor buy I made.

Aim

As I said before no one goes hungry taking a profit and more that I have done on CPI. You no doubt would have made more money if you stayed in after you last sale but that is trading in hindsight a bit like saying you could have won the lottery if you chose these numbers a day after the draw, the aim of the game is to make money not try to maximise every trade which is not possible. After the last report must admit not expecting a rise but why not take advantage if it is trending up and you think it is going to rise.

As you say you have to emotionally detached from the share and too many people I see on these forums support the companies like it is their local football team.

I have been trading DEC a lot with a number of day trades and ones over a few days on LSE and NYSE as well as Uranium stocks on NYSE. GLEN and BHP, one advantage is no stamp duty but also been following these companies and SPs for a time. I rarely hit the low for buys or high for sales but main thing is I made money. I am mainly an investor but understand trading is very different from investing and the hardest part is trying to detach from your emotions especially when the right thing to do is take a loss or buy back at higher price than what you last sold out at.

"Sadly that’s all the BB’s are doing. Just stopping the SP slide."

Sadly looks to be the case 3 days of very large BBs, 2 days of 95,720 and today 67,028 shares .

Trisor

I also think the contract wins at a time when CPI are increasing margins was the one bright light in the lacklustre report, however the statement

"with an increase in net financial debt accordingly"

Does not look good and is the only mention of the debt, something JL would have been proud off.

Trisor

I don't like filtering but it is probably the best option here however I read very little of his posts, life's too short but my point is that ignoring him does not stop him he just can't help himself, even thought he has no interest in CPI he wastes his time posting rubbish that no one is the slightest bit interested in and frankly everyone would be much happier if just went away.

Sometime calling him out helps like it has on the PNN board where after his disastrous predictions and could not have been more wrong he has been notable by his absence.

You can see my point engaging with Savage_KeyboardR makes no difference, he can't stop posting on a share he does not own, does not want to own and does not want to short.

The only bright side he has got everything else wrong so hopefully it is only a matter of time before he gets this wrong as well.

I view these results as not a disaster but disappointing so no change there, as always it is jam tomorrow and underwhelming. They can promise FCF in the future as much as they like, more AI etc but the market will no significantly recovery until there are profits on the books so it is more waiting in the hope CPI can one day make some money.

At least it is a better report than we used to get from JL but that is not saying much.

It is difficult to know how this will play out but I have seen reports it will hit companies like Shell and BP which are headquartered outside the USA but generate income in the USA.

From a bookers note

speculation over the enactment of proposed US tax policies on foreign companies. The concern surrounds a provision in Trump’s ‘One Beautiful Bill Act’ known as Section 899 which imposes increased taxes of up to 20% on income (and dividends to investors) generated by certain foreign companies with operations in the US. The Bill has passed in the House of Representatives and is currently being debated in the Senate. It has been dubbed a ‘revenge tax’ by the financial community, formulated in response to Pillar 2 tax initiatives (imposing a minimum global tax) being adopted by many countries including the UK/Eurozone. Trump withdrew the US from the Pillar 2 global tax initiative on his first day in office arguing it imposed extraterritorial jurisdiction and was discriminatory against US companies. Even in its current form, Section 899.

BIRMINGHAM, Ala. , June 16, 2025 (GLOBE NEWSWIRE) -- Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) announced on April 9, 2025 a dividend in respect of the fourth quarter ended December 31, 2024 in the amount of 29 cents per share (the "Q4 2024 Dividend".) The Company will pay the Q4 2024 Dividend on June 30, 2025 to those shareholders on the register on May 30, 2025.

The Company announces that shareholders who have elected to receive their dividends in GBP sterling will receive an equivalent dividend payment of 21.254 pence per share, based on the June 12, 2025 exchange rate of GBP 0.73288 =US $1.00.

Looks like $14.50 is a support point today (for now) which implies BBs are again today set at a max of $14.50, we will see tomorrow morning.

"the main long term driver for the UK o&g is a toning down of the sky high ‘windfall’ tax the Government has crippled the industry"

Only for the few companies left with significant assets in the NS so just crippled UK O&G industry, the big players have either left or mostly left the UK, the 2 biggest UK O&G companies Shell and BP have under 5% in the UK.

As gar as the EPL goes it is unfortunately here to stay, in the short term Starmer and Reeves cannot fiscally see further than their own noses and are only focused on surviving and need as much money as possible just to hang on, there is now talk of aligning dividends with income tax, so if you own shares you pay 26% Corp tax, 76%+ for O&G in UK + other company taxes, VAT, employers NI, Business Rates etc and then at 20%, 40%, 45% on dividends. In the long term it is ESG and they have just give a load more cash to Ed Milbrain to waste.

Also Trumps proposed tax to tax foreign companies operating in the US if it goes ahead will hit Shell and BP, expect these will leave UK for US not just to avoid the tax but to get away from the hostile environment in the UK.

One way or another looks as LSE will keep shrinking probability at an accelerated rate. Peel Hunt now losing money as very few IPOs. Well done Labour and to a lesser extent the last Conservative (so called) government.

Jim800

Think you could be right, was thinking of selling some Shell to buy ENOG but not sure at present how low ENOG will go with production stopped in eastern Med.

$14.50 is the new $14.10.

Shares Purchased 95,720, Lowest Price $13.96, Highest Price Paid $14.50, Average Price $14.3028

It was the same number of shares BB as Friday.

Not so much Mark Carney seeing the light just he was happy to trash the UK economy but it is different when it is his own country especially as he is in charge and will get the blame if he trashes his own economy.

“It means using our oil and gas here in Canada to displace imports wherever possible, particularly from the United States."

It makes no sense to be sending that money south of the border or across the ocean, so yes, it also means more oil and gas exports – without question.”

"All this is not enough just to make Canada an energy superpower,” he said. “It’s not enough to build our full potential.

It’s not enough to truly get incomes growing across the country. We can do much more. We are going to be very, very ambitious. Build, big, build, bold.”

So it is OK for the UK to get rid of it's O&G and import it at great cost but different for Canada while Canada has "very ambitious. Build, big," for O&G. Let Ed Milbrain explain that one.

The proactive investor article

"Peel Hunt has described the recent weakness in Diversified Energy Company PLC (LSE:DEC, NYSE:DEC) shares as a “compelling buying opportunity”, arguing that the stock’s fall is unwarranted."

Unfortunately just another recommendation from someone in the pay of DEC, I hope they are right but seem like DFS telling me I need a new sofa.

Certainly turned out a trading opportunity, my limit order executed at $14.00 and just sold for $14.51, hopefully next week will test $15 but who knows with DEC.

Been changed PTM Levy again, answer from II this is correct as DEC are incorporated in the UK, anyone else bought on the NYSE and did you get charged PTM Levy, trade must be £10,000 or more after currency conversion.

Pedro61

Well done or at least for now, as you say worrying time and anything could happen especially with DEC. I put in a limit order for NY of $14.00 hoping that if the worst happens may get protection from BBs. As the Eagles say "We may lose and we may win Though we will never be here again", or at least not till the next time.

Must admit it is very tempting to Filter him but I felt I had to call him out on the PNN (where I have some shares) board where a number of people were looking for advice about the RI (not sure why they own shares but guess part of some share scheme), and he came in as a self proclaimed expert stated shares would drop below £2.64 and question someone who bought at £3.90, shares now around £4.85. If any one had taken his advice they would have been seriously out of pocket.

Culley01

Thanks for the comment, will try to be more restrained with him which I do most of the time but must admit sometimes it is just too tempting when he comes out with so much rubbish, not sure on he is mentally all there as he his posting to Trisor after he has filtered him, i.e. talking to himself.

JC01

From a quick google I get

"Tennyson Securities (a trading name of Shard Capital Partners LLP) has been involved in advising and coordinating fundraising activities for Diversified Energy Company PLC, indicating that they are paid for their services."

I think you have mentioned before they are connected with DEC. This may explain why they are using some recent news to justify the large drop yesterday even when they themselves say it should not affect DEC, those who pay the piper call the tune. IMO this news has been around for a time and if such a big issue why is only DEC (to my knowledge) been hit like this. As others say the Israel Iran strike and spike in oil prices should be pushing the SP higher, I think it is a big seller or just might be a potential Rusty deal leaking. When US opens we will have a better idea, it should be noted as I said earlier a huge amount of BBs took place and still the SP plunged, where would have it got to without the BBs, I dread to think.

On the duel listing note I was charged the PTM levy when I bought and sold on the US market, not much but would not be there if only listed in US. Also getting quotes from II the Levy was added to the estimate with trades as low as $8,000 but for UK stock does not kick in until £10,000, I have asked II about this and they will come back to me.