The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Monty, you remain silent as to your sources. Can you elucidate, otherwise you will be considered as merely a troll.
There is a tension building globally about gas supply that seems to me is driving DEC SP higher, even though the company hedges. I cannot see a one-off flooding event outweighing that trend.
Trek: "all energy" mostly does not sound diversified. Apart from that, why choose Energy? May I ask what other Energy stocks you favour?
Phyl, I agree re your assessment of these 'analysts'. They seem to adjust their targets closer to the medium term historic median price so that they don't look like idiots. I recently watched the Nflix 'Inside Job' re the 2008 crash. Ratings agencies S&P, Fitch and Moodys were giving AAA ratings to subprime mortgage CDO's right up to the crash. None of these people can be trusted to 'analyse'.
Does anyone know the date of US listing? This is now in my top 3 holdings and I continue to add each quarter using divis from elsewhere.. I would be hoping that US listing would have a positive impact on SP, but I have no evidence to support my hope!
People seem to have taken advantage of this fact to sell; can't explain the small drop otherwise. The two big bonanza divis are paid here in Dec and Mar next, so I'm holding!
...I take no action? If I don't pursue a paper certificate? Do nothing? Will I ever be able to retrieve my shares and sell them?
I don't take anything on this or any board seriously. I have only reported posters who are abusive to others. "a danger to all"; oh c'mon! Lol
I have no faith in these 'analysts'. If the share price has been falling and is now 25% below their old target price, they adjust the target downwards so as not to look like idiots. They do the same in the opposite direction. There is no actual 'analysis' undertaken.
According to DividendMax site it's 11.3% yield.. My divi payments from elsewhere will be invested here if it stays around this price. It was a major mistake, not having cash to invest when opportunity like this presents itself. Does anyone see the yield dropping?
If I had cash, I'd have done the same. Teaches me a lesson that I need to have a cash reserve to take advantage of such opportunities instead of being fully invested. 10% discount on yesterday's price seems like a good deal.
goalie1 can you explain that metaphor; "release the recession kraken" for the uninitiated - such as myself! Also does "juicy" mean 'sweet ' or blood in the streets? I will lap up any positive news! So if it's negative, please do not reply!! :)
Just used my divis from here and elsewhere to top up by a small amount. 13% yield was an attraction, even if I have to pay 15% tax. Strong dollar translates into more cash this side of the pond! I had considered IMB, RIO, LGEN and a couple of others but DEC won my attention. Again.
Onepoundfish, can you clarify why you would not be concerned? Genuine question; wondering about the reasons for your implicit optimism.
Hi, I am considering buying into this share. However I can't make sense of the low share price and high dividend yield given the company's fundamentals. Am I missing something here? Is there a geopolitical risk baked into the share price? Any insights / comments welcome.
Special dividend coming up in July? Opinions?
driftking you are obviously watching macroeconomic trends closely. Are you expecting a longer term bear market for stocks? My own view is that bond yields and deposit interest return so little that there is nowhere else for smart money to go except into the stock market. I'm thinking on your opinion, though.
As per my post last week I had sold at 60.75. Again, maybe a mistake. About 6.5% gain in number of shares after charges. Time will tell if I am a lucky or an unlucky fool! Time and experience has taught me one thing - that neither I nor anyone else can predict the direction of the stock market or of an individual SP. Anytime I hear someone telling me "this stock will be £X by Xmas", I just ignore them. Similarly those who advocate ignoring the SP and holding forever. More and more I question whether stocks are the place for me to have my money. Dividend yield is the only solid reason that convinces me to be here.
Well LGEN could be a good buy at this price. It does seem to be a bellwether of the FTSE 100 and the market trend in general. I'm overweight in this stock but still looking at adding more. Monday should see a positive open but if there is further weakness next week, it could be a good time to buy. IMO.
Tom 78: "It's hard to know what to do at the moment". I agree; we are all getting hammered. My strategy is that I will stay invested. I remember around 1999 I invested in Microsoft, thinking "This is a sure thing". That stock drifted sideways for about 10 years afterwards. It is impossible to know where to invest. At least with a dividend stock like this we get some return.