Harbour Energy Share Discussion Threads

[ny boy] 24/11/2016 16:27

A close below 55p support would be worrisome for the bulls.

[alamaison5] 24/11/2016 15:45

Back in for the ride to 60+

[renixus1] 24/11/2016 14:06

I hear the Board are considering changing the ticker to 55P, no idea what that's all about! Seriously though, this share should be suspended until deal is done, i guess that's why it's being called a re-fi deal and not something that the share price suggests is necessary.

[adh0] 24/11/2016 12:06

Can anybody tell me exactly WHICH covenants we are currently breaking?

Is it possible that now the oil price is past its low (I believe we first started talking about covenant breaches as the oil price went into the 30s!) that as time goes on and the oil price stays above $45, occasionally going above $50, that the historic revenues from $30s and also lower production fall out of the statistics.

Therefore if they defer things long enough, it actually reaches the point when refinancing isnt actually needed. It may still be wanted, but is no longer "needed"?

[chutes01] 24/11/2016 11:54

charts pointing to 90p plus next week, 50/100/200 SMA converging upwards.
Solan reservoir issues being progressed, Catcher well within budget
Refinancing news next week and prospects of better oil price.

[leoneobull] 24/11/2016 11:19

I am still LONG. 90p plus on refinancing imov

[ny boy] 24/11/2016 10:40

Probably drop today on thin vols as US markets closed for turkey day

[ny boy] 24/11/2016 09:08

55p support needs to hold this time, no confidence from the bulls.

[deanroberthunt] 24/11/2016 08:53

Aren't people worried that they're reliant on a deal organised by goat shaggers that eat sand!

[nav_mike] 24/11/2016 08:35

No change at all in any of the disclosed short positions during the last week which I find pretty unbelievable given some of the high volume days we had

[ny boy] 23/11/2016 23:40

I see 55p support

[polonium] 23/11/2016 23:09

Perhaps those silly oil people have done the maths today
Sell 4.5% less for 20% more!! Err what do we do?
Didn't little Mohammed learn anything at LSE or was he too busy tearing around Knightsbridge at 4am in his funny coloured super car toy getting stopped for no insurance??
Doesn't sound too clever.

Donald trump for PM!!

hxxp://swns.com/news/arab-lamborghini-owner-stopped-cops-knightsbridge-dubai-supercars-hit-streets-38553/

[pounddreamer] 23/11/2016 22:35

You need some spit and polish Marv - you're looking in the mirror!

[leoneobull] 23/11/2016 22:33

Tiresome posturing no not nyboy but opechttp://oilprice.com/Energy/Oil-Prices/Iraq-Now-Says-It-Will-Join-OPEC-Output-Cuts.htmlGet on with it

[marvin9] 23/11/2016 21:30

I see dead people

[ny_boy] 23/11/2016 21:07

I see £1.50

[paulbiya] 23/11/2016 20:51

I see £1.00 when refinancing announced.

[manics] 23/11/2016 18:41

Saudi has to make it work.

With #oil at $45, #Saudi foreign reserves are falling $19 billion a quarter and will run out in 7 years. Saudi Arabia needs #oil at $74 to balance its current account and keep foreign reserves stable, says commerzbank.

[ny_boy] 23/11/2016 17:32

Looking good!

[ny boy] 23/11/2016 16:21

Another day testing 55p support, needs to do this for a week to probably have a short term long for some beer money.

[olivert] 23/11/2016 15:44

Today OILB has now gone above the 20 day and 50 day moving average.

PMO still below the 20 day moving avearge about 2-3 days behind events.

DYOR.

[seguna43] 23/11/2016 13:38

Here's an interesting interview about what's next for the oil price - this analyst is basically predicting a $40 to $50 price for the foreseeable future

[paulbiya] 23/11/2016 11:10

My will get a shock when he wakes up one morning with PMO at 85p when refinancing announced with no d for e and a 5.5% interest rate

[ny_boy] 23/11/2016 09:47

Love this share - it's going to rocket soon