Diversified Energy Company Plc - DEC - Share chat

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572

That would be my assumption!

573

DEC was paid by T212 on the due date so Iā€™d say likely not DECs fault.

574

Received the dividend over night so only a slight delay so not an issue for me.

575

Dividents cut more than 50% , share price at half price from when i bought them. And , when i bought them , they were at half price from from top performance. Definitely my worst investment by far. Any hopes , thoughts please?

1 Like
576

And BTW , Freetrade, FYI but 0.2283286p out of 10.64Ā£ , is 2.15% and not 17% unless there is a different formula of calculating this dividents and i am mistaking it!!!

577

The dividend yield is the annual figure, and is also is backwards looking so you also need to take into account all quarterly payments (plus also account for the reverse split).

The figure you have calculated is a figure based on only 1 quarterly dividend.

578

I see , all 4 toghether. Mea culpa than!!!

579

An article from the oakbloke on the shorters

580

Another purchase of gas assets.
See RNS
Using debt and shares to buy.

581

Always good to hear of expansion. Not sure Iā€™m happy with issuing new shares and the debt is annoying but letā€™s see what happens (I thought that was the whole point of reducing the dividend?)

582

I donā€™t mind they way they are financing this deals as long as they are not over paying for the assets.

583

Happy days finally broke 12

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584

Come on guys 13 quid by the end of the day fingers crossed

585

With dividends included and some averaging down I am back in profit with this at current share price with hopefully plenty more upside.

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586

Oh dear back down we go.

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587

Gas and oil prices are normally negatively affected by a recession. The market is supposed to look ahead and react accordingly. Sometimes itā€™s even right!
The evidence to support a recession is to put mildly weak.

588

Gutted we are back under 10 again. I think Iā€™ll start reinvesting the dividends again but donā€™t want to risk fresh capital.

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589

Itā€™s been an absolutely terrible investmentā€¦ I really canā€™t put any more money into it.

2 Likes
590

I totally get that, I wanted to get out when was back below the Ā£ haha and had hundreds of shares! But my AVG is set at Ā£18 I canā€™t see it ever getting to that only way to get out is to increase shares and itā€™s going to take 30+ dividends to break even :man_facepalming:t2:

591

I am at Ā£13.99 average cost. The problem is to get there Iā€™ve got a massively overweight position holding

2 Likes