Member Info for TerryM1

This is now a difficult one, my average taking account dividends, profits from trades and averaging down is £14.50.

I guess the questions are will Trump once in government help the SP more, can Rusty keep his fingers off the buy button, where will gas prices go, will the shares allocated as part of the recent deals be dumped on the market, will people buy an O&G stock without good yield (as prices rise).

This could do well if excess cash used to pay down debt and/or special dividend (I can dream) or dare I say it BBs.

At present I tend to go with the expression "let the trend be your friend" but tempted to take some profits from my last buys.

"So the American president gets to decide who is in power in tbe UK?

I thought Reform UK was all about taking back control, LOL."

Bit like when Obama was putting pressure on UK not to leave EU, "back of the line" and all that. Also Trump as some skin in the game as his mother is Scottish unlike Obama's Irish roots (as claimed).

Chid

Can't agree more which is why I am planning going abroad, been investigating possible places with a few trips and all look far better than the UK for almost everything. Main criteria

Low Tax

Good Health care

Low crime

Stable

Good weather

Would like to go now but a number of things to tidy up. I can stay in the UK and see it crash and burn or get out and look on from afar with a much better life.

Asperger1

I tend to agree with you, however

"A very basic comparison that does not include divi yield, IMO those still suggesting lloy is 'the worst share ever' or a 'dire share' should maybe consider premium bonds?"

It is clearly not the worst share ever but you need to look back further, I have had some shares for a long time and added over the years some bought, some employees share schemes. A long time ago it was £10 (a couple of rights since then I believe over £6 when adjusted) with a good yield.

When I joined Lloyds Corporate in 2008 it was £3.50 and then the disastrous HBOS take over happened. I left a year and half later to joined Barclays Capital at 60% rise in salary after the very cleaver Lehman Brothers purchase. At Lloyds there was no money for pay rises, bonuses and share employees share schemes worthless also as a new starter had very little personnel investment in Lloyds. It was all gloom and doom as most employees were long term and wanted to leave but were trapped by their final salary pension schemes, they all lost huge amounts of money from the many employee share schemes they put into for many years, virtually all wanted redundancy as a way to get out with the pension in tacked.

I preferred Lloyds as great place to work and Barclays Capital not nice, a very stressful but had to leave as no future at Lloyds + the pay difference. Stayed at Barclays until I retired early because it started to go downhill when Bob Diamond removed.

So that is the past (for me) where is the future? I think Lloyds will do OK but will be held back by UK economy mostly caused by a succession of useless governments where Barclays have more abroad so should do better. However I am not adding to either and for now taking advantage of the state of the UK economy which has caused huge NAV discounts on ITs and REITs causing these to be liquidated and return capital to shareholders at decent profit, 4 of mine already liquidated with nice profit, 1 almost there and 4 more in wind down process. Also buying energy stocks, Oil and Gas, nuclear etc with the caveat they have very little exposure to the UK along with some miners. I see AI doing the best but very difficult to me pick the winners but see energy for AI and growing world outside of Europe will drive energy prices up but DYOR.

Premium bonds good if you are a high rate tax payer.

"Reform at most will just be a rerun of SDP"

The facts do not bear this out, SDP did not have the ear of the American President and the mot successful business man

and richest man in the world. Also did not have the defections that are coming into reform, huge party membership growing fast, add in a worst than useless government and a useless Tory opposition, economy tanking and most of the western world going to the right along with the most effective politician in a generation. The betting odds have Nigel Farage as the next PM. A whole lot different from from the SDP which were just hype from a few disgruntled Labour MPs who never got elected under the SDP banner while Reform gets 4m votes and would get far more now if an election was called.

"we will have to experience a total collapse before it gets better."

And we have got just the right government to delivery this.

Https://oilprice.com/Energy/Natural-Gas/Trumps-Push-To-Shut-Down-the-Axis-of-Upheaval-Starts-With-LNG.html

Can only be good for HH price and DEC.

Happy new year

Pete640

Unfortunately for us longer term holders it is not a Decent div could get more in bank or building society. Unless the dividend increases which is unlikely in the next 3 years (rusty told us it would not) given DECs history £15 is a very long way off. If we see good FCF and SP rises very good chance Rusty will use this as an excuse to buy more wells financed by our future dividends, high priced long term debt, share dilution and trash the SP, after all that is all he has been doing time and time again.

Just arrived in II but marked as pending, from past experience won't be cleared to this evening.

Exchange Market Size or EMS is the minimum number of shares that a market maker has to quote a firm buy and sell price. The reduction indicates YCA shares as less liquid but in practical terms probably does not mean much. If you take a look at any shares on HL you will see EMS.

Https://oilprice.com/Energy/Natural-Gas/Big-Oil-Looks-to-The-Eastern-Mediterranean-as-Replacement-for-Russian-Gas.html

Payment arrived on II and in my account.

The FTSE250 increase has already happened there is buying in advance of this, seen this a number of times before, NY may pull us up a bit.

BlueSquare

"Too much pessimism"

Not certain you would think that way if you are like many of us and lost shed load of money on this share. Sure fundamentals are probably good but Rusty has lost trust, would not surprise me FCF up and SP recovers some then Rust buys more wells, adds more expensive long term debt and crashes the SP again.

Broomtree

Can't agree more, with the dividend stuck for 3 years at what is a low level for the price I paid getting out without losses is just a dream even taking into account dividends and ignoring inflation.

Although gas is here for a time to come soon or later renewables will eat more into the market, there may be great assets but the dividend yield makes no sense for investors at SP of £15 or above in what one day will be a shrinking market, we must have a good yield. Add in Rusty's shenanigans collapsing confidence makes £15 seem a long way away.

Our best hopes are this government disastrous policies dropping the cable rate, HH going up and staying up and Rusty keeping his fingers of the buy button.

Like so many others I will get out when I can as this is not the company I invested in, I have invested in ENOG a few months ago and happy to increase on dips due to high yield, company returning funds when it see good opportunity to do so i.e. company has shareholders interests in mind which can not be said of DEC, great model but recently badly run, just got lucky with Trump otherwise I dread to think where we would be now.

Https://oilprice.com/Alternative-Energy/Renewable-Energy/Europes-Green-Energy-Transition-Faces-Unexpected-Hurdles.html

"The search for commercial-scale, long-term energy storage solutions is also heating up. Energy storage technologies capable of capturing and storing excess renewable energy until demand outstrips supply will be critical to achieving a 100% renewable power grid."

Looks like the is a pressing need for energy storage and hopefully will help in the price of the sale.

Https://oilprice.com/Alternative-Energy/Renewable-Energy/Europes-Green-Energy-Transition-Faces-Unexpected-Hurdles.html

"The search for commercial-scale, long-term energy storage solutions is also heating up. Energy storage technologies capable of capturing and storing excess renewable energy until demand outstrips supply will be critical to achieving a 100% renewable power grid."

Looks like the is a pressing need for energy storage.

"Don't get it myself, all the good news and its hitting its yearly low,"

Nothing to do with AGR all my high yielding REITs and ITs being hit. This is caused by the Governments higher Interest rate for longer, inflation and drive the country into recession polices.

If only the SP was at it's January 2023 level, still should hep it up from here.

Barclays PLC increased its stake in shares of Diversified Energy Company PLC (NYSE:DEC - Free Report) by 166.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 516,535 shares of the company's stock after purchasing an additional 322,986 shares during the quarter. Barclays PLC owned approximately 1.07% of Diversified Energy worth $5,876,000 as of its most recent filing with the SEC.

https://www.marketbeat.com/instant-alerts/barclays-plc-purchases-322986-shares-of-diversified-energy-company-plc-nysedec-2024-12-20/