Member Info for TrekMadone

Firstly you don’t have to do anything but if you do you can give up part or all of your divi as follows:-

Say you expect to get £200 in divi after the exchange rate is set.

You decide to give up half for the tender offer so £100.

The company will give you 5% more in cash for the average market price of the stock over the preceding 5 trading days of the 26th March.

So let’s assume that worked out to £10 a share.

The company will use your cash to buy 10 shares and give you £105 in return.

They will only use up to the £42m in the divi pot in total to buy shares off eligible investors. The shares they buy will be cancelled.

That’s how I read it.

You then have the choice of keeping the £105 or buying dec or any other shares for that matter on the open market.

If like me you just want the income as cash then I won’t bother.

If you want out then it makes sense as you will get more cash for your divi at that point in time

If you want to buy more Dec shares with your divi then it’s the normal market risk insofar as when you come to buy the shares with you £105 they could be £9.50 after the xd, happy days or they could be £11.

Those taking up the offer will likely be doing so on the assumption that the SP DROPS after the XD and tender in which case they could bag a lot more shares for their 105%!

That is the scenario which could prove most beneficial in terms of accumulating Dec stock.

Imo the important thing here is the message of value and that Dec are concerned about their shareholders. They also clearly have 5% more cash than the cost of the divi pot!

Usual caveats

Trek

Tnx = Renx

Trek

Glad I didn’t sell any to buy back yesterday. Uk inflation surprised. Prob coz ‘no one’ has disposable income like in USA where it’s consumer driven. Should help settle banks and insurers here tho.

Headlines of 500pts off Dow are just sensationalist. It’s only 1.6% drop following amazing run! Just taken off a bit of froth.

I note CRWD went up against market!! Wish I bought at 490! But gonna stick with income now as divi season approaches.

Vod - market relief at bod appt.

Paf - great results lowering AISC but market didn’t like every so slight increase in debt by looks.

Hemo back to a traders delight but too many times nt sell and spread goes wild. Have to sell news there unless you wanna hold. Long way to go yet and prob more dilution ahead.

Dest hit 30’s if it goes back there again buy imo.

Dcta - well oversold now. Bounce back to 22p imo.

He1, char, Sfor and Avct also come up on my buy carts with technicals and news due. A few hundred quid on each + Dcta should be a good spring play.

Txp back below 50. Load up imo. Market has it wrong. RCF soon and ops news aplenty I added bigger numbers there for next leg.

For income. DUKE is dripping back from 33p. If it goes below 30p buy that quarterly yield imo. Its range is 28-33.5p so if yoh get below 30 you can be at low end of trading range and have higher yield a tad over 9%.

Wildcards are Bres as had lots of finance news but not moved. I don’t like the location though. Iqai - it’s always a wildcard but you can buy now well below my average and I intend to hold for a long time yet!

Sfor buy below 40 sell above!

TIg I have tipped from 100p 150mtp but I wouldn’t buy more now. Get ready to slice! As with Tnx, Bmn and mxc all a profit take and recycle elsewhere imo.

Happy trading!

And don’t forget to spread a little happiness esp with the one you love today!

Usual caveats

Trek

Phnx down +2% because rate cuts will be end of May now instead of March. Market don’t expect an increase. Still a cut.

Phnx exceeded cashflow targets 2 years in advance of guidance in a tougher rate environment than the outlook is now. Yield 11% and still the London AlGO’s take the SP down on sod all volume!

All one can do when the results and data is contrary to market sentiment is to buy/add more.

That’s what contrarianism is all about.

You just gotta grit your teeth and/or trade a few and know that after less than 7 years you get your money back in dividends which have been consistently paid and increased every year for more than 5 years and will no doubt be increased again.

One shouldn’t complain about being able to buy cheaper. It’s just counterintuitive to one’s psyche but as I intend to hold for more than 5 years I am not gonna complain at these opportunities. Just run outta cash though!

Usual caveats

Trek

Markets here are a joke though.

Phnx down +2% because rate cuts will be end of May now instead of March. Market don’t expect an increase. Still a cut.

Phnx exceeded cashflow targets 2 years in advance of guidance in a tougher rate environment than the outlook is now. Yield 11% and still the London AlGO’s take the SP down on sod all volume!

All one can do when the results and data is contrary to market sentiment is to buy/add more.

That’s what contrarianism is all about.

You just gotta grit your teeth and/or trade a few and know that after less than 7 years you get your money back in dividends which have been consistently paid and increased every year for more than 5 years and will no doubt be increased again.

One shouldn’t complain about being able to buy cheaper. It’s just counterintuitive to one’s psyche but as I intend to hold for more than 5 years I am not gonna complain at these opportunities. Just run outta cash though!

Usual caveats

Trek

US inflation in hotter. 10years spiked!

Batten down hatches for UK. Oh they already are!

Trek

My msg

Hi guys,

Hope you are well. Do you know when the RNS feed will be up and running on the site? I used to see a ‘red dot’ in the RNS box on watchlist view when there was one for one of my stocks. It hasn’t appeared today or yesterday and there have been alerts. DEC today.

Also there is now an ‘i’ in the watchlist view, down on the left side. It appears next to the stock ticker but when I click the ‘i’ nothing happens. What is it for please.

See screenshot.

———

Thank you for your email and apologies for the issues caused. There's been an outage at the data centre that's still being resolved. We've raised it with their management and asked for a solution to be put in place as quickly as possible.

Kind regards,

——

Trek

Been watching as well nom. I have a couple of xd’s in March (Phnx & mng) and it’s a big xd month for ftse.

I have managed thanks to He1 throw off a bit of cash to cushion me a bit but still need the divi’s.

Appreciate I could sell and buy back cheaper to throw off cash. Which I have done many times before to get my average down. But I think I have been riding my luck there!

Recessions are usually the best times to buy stocks. So whilst it’ll be as ever bumpy I think I may just sit it out this time. It’ll get sorted.

Unless of course something else comes along!

But hopefully I get my exit price for the last slog of He1 by then to coast me through a bit longer!

UK stocks will rerate soon imo. The US UK arbitrage is huge. Either US & UK will fall or the UK will rise as US surplus cash heads here for value. But then it could go into gold as well.

One thing though don’t matter how cheap UK is if US pulls back UK will just keep getting cheaper!

Incredible that the yanks think Trump will do better on the economy after all what the dems have actually delivered in hard data!

My pf yields an average of 13% now and every stock has a divi track record!. That’s just crazy! So I don’t wanna give that up now having traded to get there. So may just sit tight this time.

Usual caveats

Trek

Bought 24k shares yesterday

https://www.londonstockexchange.com/news-article/DEC/transaction-in-own-shares/16329329

Trek

Permian deals from Reuters ‘power up’ email…

Hello Power Up readers! There’s been a lot of consolidation in the U.S. shale industry of late, and it continues apace, with Diamondback buying up Endeavor Energy in a deal that follows other big purchases by the likes of Exxon Mobil and Chevron among others. Let’s talk about that first, and see what else is happening here:

Shale producer Diamondback Energy has quietly made itself into the third largest oil and gas producer in the giant Permian basin that spans Texas and New Mexico with its buy of Endeavor Energy Partners, the biggest privately held shale name, as Reuters reports here.

The deal is worth about $26 billion, including debt, and would pump about 816,000 barrels of oil equivalent per day – which combines oil and gas, and it continues the recent trend of buys by Exxon of Pioneer Natural Resources, as well as deals from Chevron, Devon Energy and Occidental. All of those companies have taken advantage of cash on their balance sheets to further consolidate the giant region that was once dominated by smaller players that aggressively sought to boost output whenever they could but now sits largely on the balance sheets of giant companies.

The oil and gas producers are taking advantage of high stock prices to buy, and many analysts expect even more deals.’

Trek

I don’t understand these big trades here. Another for £2m today. Above mid so likely a buy but where is the float for that. If I run dummy sells it goes NT and likewise for dummy buys. Yet trades for +£500k just pop up out of the blue!

Trek

Anyone know what the ‘i’ s are for on the lhs of the watchlists. Just appeared? E.g EDV, COPL, FREE etc have them

Trek

20 years anticipated production from these wells. That means accruing assets as each comes on line. In 5 years from now this sp could indeed be pretty tasty if they keep drilling and adding production.

Pretty good tuckaway especially for newbies at this sp!

Usual caveats

Trek

We will see a big step up here in one session soon I think.

This high yield that has a history of being paid out is simply unsustainable. With the SP looking settled above 900p many will now look to average down.

I think we have rolled with the recent punches and that’s it now. A pop to 10000p is more likely that a further drop imo.

I have added appropriately. Averaging up for once!

Usual caveats

Trek

I think we could get an announcement and a prospectus pretty soon. They must have had time to set the bones out by now if as we had been told that it was just waiting for BoD’s to communicate the political decisions.

Usual caveats

Trek

RNS engine down here.

Dow futures up as well - going above 5k!

Remember I mentioned crowdstrike here as a buy on the naz. It was $290. A cyber security outfit. It’s now $3.29 in just a couple weeks. Its pe must be like 100 now!

I should have bought doh but now waiting results to see if it has pretty much doubled revs as that’s what the market must be expecting before buying in. But I will probably let it go now as even a 10% drop would still leave it as a massive growth play!. If there is a serous drop though, 20% ish I think I’d reconsider

Usual caveats

Trek

I rode react from below a penny to above. After covid I think. Railway safety and cleaning contracts. I sold as cash was getting tight. They raised and bounced back. Good little company with nice simple business model. Lots of info on their website.

https://www.reactsc.co.uk/react-group-plc

I would look at their cash and consider buying at these lows.

Usual caveats

Trek

You see I can’t stand Trump but those disruptive comments are so ‘appealing’!

Let’s face it two aircraft carriers now in for propeller repair instead of on a flipping exercise! Ships mothballed because we don’t have staff. Unable to engage Houthi rebels coz we don’t have surface to surface missiles! No national service for those wanting to move here that are able (there’s a Trump contentious one!). But we will have a load of tax cuts whilst the nhs and education system is on its knees and even buildings are falling down!!

So yep I get where trump is coming from on this one coz nice words don’t cut it with our beurocrats anymore. We just wanna freeload on the coat tails of USA and spend our money elsewhere saying one thing doing another with heads up our own backsides!

We can’t even save the translators in Afghanistan andtheir families that laid down and risked their lives for British people! But we can allow all the other stuff that goes on!

Nah Trump is getting our incompetents to think and reevaluate. Nothing else would deliver any change imo.

So yep I am with him on this one but I just wouldn’t follow it through!

Usual caveats

Trek

We’ve be saying that the London decline in market live coincides with Brexit here for a while now. That’s not to lean one way or another it’s just a reflection of timing and events.

It gets mention briefly in this vid 5:30 in to 6:20.

https://www.bing.com/videos/riverview/relatedvideo?&q=peter+zeihan+on+gas&&mid=8C088A812AAC663A36C58C088A812AAC663A36C5&&FORM=VRDGAR

Was shared by Tiburn on DEc BB.

Trek

I don’t necessarily see bad news in the RNS, just a slight delay. I think they were trying it on, but should have known better! The nomenclatures for brain tumours would be very well known by the team.

That the FDA, as pointed out here, have pretty much told them to narrow down the nomenclatures according to the WHO list is very helpful.

But what is of note for investors that read between the lines is that they haven’t said to do anything else. That’s not to say they won’t later but it looks to me that the submission once narrowed down probably to more ‘fatal’ subsets will then be approved.

I also put two and two together and get six that the house broker told cautious11 to wait for the RNS and the vid was mysteriously removed. So ‘6’ says this was known about likely a couple of days ago!

One cannot really read into the middle of the day timing of the RNS release as that is a regular occurrence here.

I am, like many, well down on my average now. But if i could I would use this opportunity and the recent flipping to average down as I see the sp pullback as ‘technical’ and timebound.

But I have invested here enough to go ouch should it go tts up and also enough to get a life changing return should it hit my target sp!

That moonshot is still game on imo!

Usual caveats

Trek