Fundamentally is there sufficient, easy per say supply there against a reasonably hard winter and the idea Germany continues as an industry base?
Industry is still shutting down due to high energy prices, no nord stream this year unless piece with Russia and the middle east, America just happy to pick the problem up with a huge bill.
Fundamentally the supply isn’t getting bigger against demand so that price can easily be managed, I expect medium term higher prices
Let alone a normal winter, bad winter
Interesting if the gas price increases all these worries of how dec operate and are ran seem to disappear. Gas price decides this share not surprisingly so if you wait and invest long enough, we will see it increase and everything will then be fine
Gas maybe at 30 by 2025?
Bought some more today at £1. Biggest holding around 175000 so hopeful certainly over the long term has will increase significantly in price and whilst appreciate their hedged the sp will benefit
Isn’t it the latter, same number shares just traded two places, two time zones so more people can get involved, you’d think Americans would buy US gas shares.
I think based on current price, hedge does everything it says on the tin and dec may even buy more businesses that struggle, medium term gas and oil will continue to do very well
Irrespective of sp I believe that max 18 months from now we will be seeing much higher oil and gas prices which will take care of any concerns over the price and where the business is going next. Gas and oil will play a huge part in our futures and any transition to green energy in the future.
but he's obvious keen, understanding of American stability believe it or not and churning out value over many years. they are moving into the commodities in a far bigger way and massive dollars
One of the biggest gas and oil producers in usa. Warren buffet keeps buying more, now owns 28% of company
inflation numbers released in US? expectation leading to dollar down, rates down?
need to hold these until may to get next divi. last one was 12 p, i'd expect the same or even an extra little bonus on top if possible due to cash generation and then update on what we are buying next
See that by this afternoon
Good solid divi whilst we navigate our way through tougher times. I’ll accept it for now, just under breakeven and that’s fine as already have 50% in cash awaiting a reset soon ish.
I’ll play the gold and silver card too, physical silver, equity gold and little copper in the mix.
It’s interesting, you get everyone digging at western ways which have seem great prosperity for decades whilst east has struggled so who’s the fool? Live well in debt or have great principles but nothing to live for??
Be interesting this next year, I’m for the commodity bull run, gas, copper, gold a lot higher.
I think maybe a little wider than labour or Greta, maybe haven’t sense the energy expenditure in uk hoouseholds at the min and unless you own energy shares you’ll not like this announcement. As for can’t pay win fall, need to invest, rubbish
So the hedge total is 27% better than end of 2021, all good for me
I’m a hold on this stock and quite happy to take the 12% divi
just doesnt happen like this. i expect next announced numbers to be better
i need a doubling of the sp to get back towards my buying price, a current lost cause.
i have no idea internally, across the patch how good, what Costain do well or not. i have one example, the A1 widening around Newcastle over recent years which has delivered ahead of schedule and excellent job from beginning to end