Member Info for TerryM1

Https://oilprice.com/Energy/Energy-General/Expect-a-US-LNG-Boom-in-the-Second-Half-of-2025.html

"us currency is, of course, the worst currency to be in: apart from all the other ones"

Except Bitcoin if you call it a currency and gold which is as good as if not better than currencies, accepted everywhere and not subject to sanctions. At present I like Uranium to park some cash.

USD is likely to rise under Trump as US firms become more profitable, they will use more energy as manufacturing brought back from abroad. Borrowing likely to be less (probably not fall but not rise so quick) as Trump takes an axe to government spending, reduction in costs of illegal immigrants as they are returned, reduction in green subsidies and less government money given away to political causes abroad. On the other hand inflation may be under pressure as more job/less unemployment so pressure on Labor costs.

There are some many competing signals, drill baby drill, more gas usage, more gas exported, cable rate but he main benefit is the ARO problem postponed for at least 4 years.

Jim800

Yep nice day and cause for celebrations. Hopefully more to follow tomorrow in UK as DEC closed $14.11 and after market is $14.15 which should give a nice bounce on the LSE closing price tomorrow.

Bit of a landmark for me as my last DEC buy was at £10.47 which was meant to a be a trade for a quick profit but SP then tanked due to carry trades and Crescent Pass acquisition so at least this is now in profit. Will keep my main investment but probably start trading DEC again once the SP stops rising. Difficult to guess when this will happen as I suspect it will keep ticking up as shorts are closed out and perhaps at some point BBs will start again, also suspect £ will keep falling against the $ so add to UK SP.

I am also pleasantly surprised it out performed Energrean since a poster on here sold DEC at £8.50 to buy Energrean at the same price, Energrean now £9.95, I also opened a position with Energrean at the same time, win win, not often I can say this now days given the state of the UK market.

Https://www.proactiveinvestors.co.uk/companies/news/1060539/dec-s-new-revenue-streams-impress-us-broker-1060539.html

Diversified Energy Company PLC's (LSE:DEC, NYSE:DEC) third quarter benefited from contributions from the Crescent Pass acquisition as well as a robust performance from the underlying portfolio, says Stifel.

On top of this operational delivery, Diversified continues to find new ways to extract value from the portfolio, says the house broker.

DFS says I need a new sofa.

Good write up but it is the house broker but still worth a read.

Jim800

I take your point as you are backing it up with facts, I guess I made this comment as I see this a lot on other sites where someone sells and loads of people pile on criticising them and a war starts on who is right, in fact this happen on ADVFN when someone sold out DEC about half way through the drop obviously the seller had the last laugh. Although I think it is the wrong move DEC SP is so unpredictable unless of course you have inside info which a number of people seem to have as can be seen by the drop which stared about a year ago.

In defence of Pete640 we all make good and bad calls and nobody goes hungry taking a profit which is more than I can say for myself with DEC.

For now I will hold as like others think this has a lot more to go, but said that before when price was a lot higher, we will see.

"I struggle to see what the fuss is about"

Simple, Company raises funds at 9.75p SP tanking with no sign of stopping and radio silence from BOD.

Add in all investors are losing money on this share some a lot as share has consistently dropped from 100p issue price in just 3 years and suffered a lot of dilution. There may be great products etc but that does not put food on the table and no investor buys a share to lose cash. Is that enough reason for a fuss.

"So what else is there that causes this daily drop non stop"

Lack of faith in the UK and the threat of higher interest rates for longer. This is not the only company in the UK suffering from this. all my high yielding UK stock are falling, a lot being shorted while my ones abroad are rising, bought ENOG and increased holding in Camerco recently and going great guns. ENOG probably more to do with the ME situation and Camerco obviously Uranium. For me I would rather risk issues in the ME than risk investing in UK O&G with this present government.

Etank

Short are slowly reducing, with a low turn over they have to pull out slowly otherwise SP would fly causing them even more pain. There are now 5 things going against them

1. Trump, no ARO issues for at least another 4 years.

2. HH rising.

3. GBP falling against the $ making DEC shares worth more in £s

4. Very good chance of going back in the FTSE250

5. Reducing debt

Just need to be patient.

Only issue is Rusty, can he just leave things as they are or will he be at it again, sure will need to top up wells again as the ones we have deplete but need a period of consolidation and debt reduction first.

Muck165

"Well, I suppose I’d qualify as a “ramper” given everything I’ve posted on here over the years, albeit I’ve tried to add balance."

Ramper or not you have contributed a lot of useful information.

A few months ago I was optimistic but with the Radio silence from the BOD and falling SP I am losing faith. Hopefully as you say the the fundamentals are good and we can see this turned around.

"Starmer is planning to install carbon technology at all gas plants by 2030, which definitely isn't feasible, or he's planning to massively increase electricity imports."

Stammer knows he has no chance of being in power in 2030 which is why he has spent 1/3 of his time in office abroad giving away UK tax payers hard earned cash as well as British oversea territory and promising unachievable targets. At Cop29 he is speaking to a half empty hall which includes the Taliban while the key players stay away, even Joe Biden and Justin Trudeau can't be bother to turn up. Made to look an even bigger fool by promising an 81% reduction in UK CO2 emissions by 2035 which include UK citizens eating less meat (required as a lot of UK farms will be closing) while the hosts, Azerbaijan’s President Aliyev hailed oil and gas as a “gift from God”. You cannot make this up.

He has proved time and time again he does not give a damn about the UK and will be looking for a job with WEF, WTO or some other multinational unaccountable unelected organisation, as he said he prefers to be in Davis than the UK. He knows he will leave a huge mess for the next government knowing it will not be Labour.

"Where have all the rampers gone?"

More to the point where have all the BODs gone, they asked for money, got it and now radio silence except for spending money on new office, not even a small director buy. Seems only interested in communicating with shareholders when they have to or want some cash to keep paying their salaries.

Although I have had some issues/disagreements with pickedpeck I believe his input can very very useful and we are better off with him.

Camerco and other miner up and looks like Uranium price has bottomed out slowly rising again.

Not sure what is wrong with the word r-a-c-i-s-t-s as removed and replaced by ******, when it does this turns all capital letters to lower case.

as stated gg not interested in facts, he is here to wind people up and do it any way he can, he uses false info and if that fails insulting posters. a little while as you will ago decided to wind him up as you will have seen, very easy to do and sent him apoplectic calling me a ****** pos, great fun but designed to show him for what he is, will try to ignore him at least for a time and really can't be bothered to read his post just gloss over them.

at least our aros parrot has disappeared, no point now with trump in charge for the next 4 years.

Savage_KeyboardR specialist subject schadenfreude

More spending from Stammer

UK says £58bn climate finance tool to launch on London Stock Exchange

https://finance.yahoo.com/news/uk-says-58bn-climate-finance-124603839.html

The scheme, set up by green finance body the Climate Investment Funds (CIF), is a new financial mechanism designed to boost climate funding globally.

.

.

.

CIF was set up in 2008 to pool resources from contributor countries including the UK, and ultimately help fund green projects elsewhere.

"Starmer says he wants to improve energy security, reduce energy costs and provide employment in the energy sector by turning the UK into a renewable energy superpower."

More like turning the UK into a renewable energy superfluous power.

Still COP29 is keeping Stammer away from the UK and having to deal with the increase in the latest UK Unemployment Figures but unfortunately not stopping him spending more tax payers money and damaging the UK with unreachable targets.

"Reeves' tax raid is taking heat out of growth companies"

Reeves' tax raid is taking heat out of all companies, as well as crashing some UK Oil & Gas companies, take a look at Kistos and Serica Energy.

SUPR is the victim of higher interest rates for longer policy of Labour, never underestimate Labour's ability to F**** Up the economy, this lot are far closer to the Wilson Calahan government than to Blair and look what that did to interest rates. Sooner or later brakes will need to applied to this government's polices and lets hope interest rates are not totally out of control by then.