Member Info for TerryM1

GG

Nice of you to ask, bought in at £9.25 at around 2:10, doing OK, now have 35 more shares for the same money I started 2 days ago and a few £s more, also been trading the difference between NXE and CCJ as have free $ trades on II for a few days up 1.7% in 30 mins, what have you been trading, making any money?

Jim800

Well spotted, thought there was not any as BBs RNS usually around 7am but late today at 12:01pm

Diversified Energy Company PLC (LSE: DEC, NYSE: DEC) ("Diversified" or the "Company") is pleased to announce that the Company plans to publish its Trading Statement for the three months ended March 31, 2025 (the "1Q25 Trading Statement") on Monday, May 12th, 2025. The Company will host a conference call that day at 1:00 PM GMT (8:00 AM EST) to discuss the 1Q25 Trading Statement and make an audio replay of the event available shortly thereafter.

Conference Details

US (toll-free) +1 877 836 0271

UK (toll-free) +44 (0)800 756 3429

Web Audio https://www.div.energy/news-events/ir-calendarevents

Replay Information https://ir.div.energy/financial-info

Prior to the event, Diversified will publish the Company's 1Q25 Trading Statement on its website at https://ir.div.energy/news-events/regulatory-news and make a supplementary presentation available at https://ir.div.energy/presentations.

No BBs yesterday which would explain SP in NY but given this held up well.

Uranium price been creeping up for a time with a bit more of a boost today, US$67.50/lb, Daily Change $+0.75, +1.12%.

Jim800

I think I got lucky managed to get in at the low early afternoon something I rarely do and decided to get out before close as just over break even and do not want to hold overnight. See what happens tomorrow, if BBs today at current rate and SP does not rise before close not a good sign.

GG is a bit like a tiny insect bite, itches and you want to scratch it but if you do will just make it worse.

"Agree re Savage HHH - have been guilty of engaging as he does push buttons,"

He is a bit like a tiny insect bite, itches and you want to scratch it but if you do will just make it worse.

Just traded out up 3p so only a tiny profit but did not want to hold overnight, see what happens tomorrow.

Savage_KeyboardR

"So glad I steered well clear of this stock!"

Wish you would steer well clear of this board.

Managed to get a small buy in as SP dropped, hoping BBs continue this afternoon if not stuck with these for a time.

Worya

Tend to agree but from what I can recall the $300m did not replace previous debt but added to the cash which then stood at $420m, there was a debt taken out to replace some other debt but it was at higher cost. However I an fairly certain the $300m at 9.75% was the highest priced debt DEC have or had for at least a very long time as interest rates are falling.

Part of the problem is no one outside DEC seems to know what is going on which does not instil confidence but for a change LSE price recovered before NY opening so hopefully a good sign but messed up my chance of a quick trade.

"Always goes the other way after good results"

I's the old adage buy on rumour sell on fact.

Jim800

I am not unhappy with the BBs but question some things, would the cash better be spent reducing the debt when dividend yield is lower than the rate on the debt and what is going on i.e. why now, what does Rusty know that we don't specifically shares being dumped on the market, would the SP collapse without these BB, in which case BB after the collapse, in the end it would be better. Add in why borrow at 9.75% to BB shares with lower yield which is stuck for 3 years, perhaps this was meant to be for another acquisition which Rusty could not get over the line and now DEC left with a huge cash pile and would look stupid to pay back debt with the money just borrowed on the debt. Add in also paying back lower yielding debt to take on higher yielding debt. All in all it makes no sense unless there is something they are not telling us which is normal for DEC.

However when I was very keen on BBs it was when we had the old dividends and a serious gap between borrowing costs and dividends.

I am sure OB can spin this as another cunning Rusty plan.

HHH81

Agreed, I find that if challenged on why he does not short or on his past predictions like PNN or EZJ he goes quite for a short time on here but he has thankfully been keeping away from the EZJ and PNN boards. Also the 2 sells he made with VOD and BT the SP has gone up add in 2 shares EZJ and PNN where he tried to spread gloom and doom he got totally wrong, if anyone took any notice of him they would lose.

Savage_KeyboardR

If it a as bad as you say short CPI, don't just go on and on endless trashing a share you have no interest in.

The problem is it is not moving the price that much, 0.67% in NY and be dragged down by LSE in the mornings, probably soaking up a tiny amount of the share overhang. When BB stop or greatly reduced what will happen to the SP.

It would be intersecting to know why such high BBs, did Rusty decide to do this perhaps because he knew a lot of shares will be hitting the market or was he forced by IIs who may have got fed up with his shenanigans. Anyway the good news is the SP is rising (from a very lose base) and may well be a sign of no new aqucitsions, who knows as shareholders in DEC we are the mushrooms.

Good results, Investment Bank getting back on track (taken a time) after Antony Jenkins cut it back when he was more or less forced on Barclays after Bob Diamond and Richy Rich were forced out by the BOE after because they refused to take to 12% loan from the UK Government though BOE used the Libor scandal as an excuse where Barclays were only a minor player but got by far the most heat.

I worked for the investment bank for a time but decided to leave as it was not a pleasant place (to say the least) due to Antony Jenkins who disliked Investment banking cut backs which is why be was BOE's choice. He got removed after shareholders got fed up with lower profits after his cut backs. Now we are back in business.

BBs are ramping up, yesterday 116,291 shares at an average price of $12.7628.

For a short time we now get NY rising probably because of BBs and LSE dropping back in the morning before NY opens only to rise before LSE close, I managed to get some cash together yesterday and took advantage of this, got in a little to early and a little way of the low but sold just before NY close. Only a small profit but all helps to offset the losses on my investment part of DEC. Will try again, SP already dropped 20p below NY price. No doubt could get caught out if no BBs and with DEC this may well happen but hopefully would not lose too much.

"Hopefully the doom and gloom around the consolidation process hasn't come to fruition"

Don't understand why so much has been made of this, been involved in many in the past, you get 15 times less shares and each share is 15 times higher price, the only change is the insignificant rounding down of the holdings which do not divide exactly by 15, simples.