Harbour Energy Share Discussion Threads

[dirossiale] 17/9/2021 23:10

17th September 2021-By NoFear

Harbour Energy Plc Final trading Volumes at 17:51 Bst:

Buy Volumes: 22,493,700. This includes 16,692,437[Uncrossed Trades]under Buy Volume.

Sell Volumes: 564,867

Unknown Volumes: 2,169

See the screenshot of Harbour Energy trades from 16:29 to 17:51 [B.S.T]

Copy and Paste this link here below and then Zoom in to see todays Hbr last trades:

preview.redd.it/zhjzscmgj3o71.png?width=1233&format=png&auto=webp&s=2d9ec79111dfaa147993c2f9df9efd850ae84913

[andypop1] 17/9/2021 22:24

Nutty,

'Buy into weakness ? Is it ever anything else ?'

We could try 'the MM wants your shares cheap for their mates', 'they're trying to shake the weak out with this tree shake', 'when the institutions have filled their boots the MMs will let this go like a coiled spring', I could go on. (Please excuse the spelling, lol).
This spring has been coiled for so long it is suffering from metal fatigue, a bit like some of the rusty assets the business owns!

I've got to say even I am surprised at how badly this has performed since the merger and I have been one of the biggest critics of the company on several boards for many years now.
We know PMO were very creative with the wording in official releases, always staying within the legal boundaries with the use of forward looking statements but were the boundaries crossed when they made a direct comparison to Aker BP in valuing the post merger company?
Probably not legally but morally yes.

Good luck next week.

[peterlowen] 17/9/2021 16:43

16.6 mill cross trade buy at close....value £60,359,852.19

[breakconvention] 17/9/2021 16:06

Once again the price action here is very strange. most of the quarter, oil has been at a 3 year high, and gas at a 5 year high price. If the results aren't good I'll be amazed.

[rathlindri] 17/9/2021 13:33

Sold out, and it's a relief to be out

[brazilnut1] 17/9/2021 13:30

Buy into weakness ? Is it ever anything else ? Dreading the 23rd. £3 coming ?

[dandigirl] 17/9/2021 10:23

andypop: agree, again! Just waiting a moment to depart the scene.

[ashkv] 17/9/2021 08:45

Results Next Week - Hope management start deliveringToday 08:45

Recent Dissappointments on production revision re last update and then Tolmont delay - have set back share price.

Extremely strange how shares are not reacting to strong Brent - this will come good.

Buy into weakness.... sellers will soon be overwhelmed.... with $100 Brent on the horizon per multiple analysts... ;)

[andypop1] 15/9/2021 23:26

Just 14 posts on the lse asylum today, zero on here despite the oil and gas prices having a reasonable day?
With no reportable holdings announced since the takeover even with promotion to the FTSE 250 and the lack of retail investor activity on these boards it would be wise to question who would see this as an investment and not just a trade?

Dandi,
Let's hope the interims don't mention any liquidated ascertained damages payable to the infrastructure partners for the late delivery of Tolmount that should have come online Q2.

[dandigirl] 14/9/2021 09:00

Interims due on 23/09. Hope they are a bit more upbeat than the last statement.

[kenbos] 14/9/2021 08:24

Seems to be a resistance level here just needs a good bit of news to get through it

[wbodger] 13/9/2021 17:57

Neptune: Sam Laidlaw's North Sea E&P financed by CVCC and other private capital. Sam Laidlaw was Centrica's boss before they sold up in NS after oil prices plunged in 2015. From memory they had gas fields in Southern North Sea which Neptune acquired. This article mentions other assets acquired from Engie (oil assets of the French utility company formerly GDF Suez) and investment by the Chinese SWF:

hxxps://www.energyvoice.com/oilandgas/348302/neptune-energy-is-said-to-consider-merger-with-rival-harbour-energy/amp/' target='window'>https://www.google.com/amp/s/www.energyvoice.com/oilandgas/348302/neptune-energy-is-said-to-consider-merger-with-rival-harbour-energy/amp/

Not short of backing. Looks like a way of Neptune getting listed without an IPO.

[wbodger] 13/9/2021 16:54

Sorry... I'm slow on sarcasm!

[maxplus2] 13/9/2021 14:08

Who is Neptune?

[andypop1] 12/9/2021 23:45

Franky,
My call wasn't based on TA, if it was it would have been moronic.
So TA works long term on Vela does it?
The 80% in a month wasn't in the the month you were promising six months ago!
In that six months Vela is up 6%, your Harbour is down 39% and a safe ftse 100 company that pays dividends segro is up 39%, please don't worry about me mate.
Anyway, you dodged my question, if this merger happens will it result in current holders like you being diluted?
Thanks in advance, again, hmmmmmm.

Bodger,
My post was a sarcastic take on the go to ramp we have witnessed on these boards over the years, a quid by year end has morphed into this will be 600p (30p), 30p looks like a pipe dream.

[wbodger] 10/9/2021 14:37

Don't you mean a quid in new money, andypop? A quid in old money would represent a 400% gain on the old 20 pence a share for PMO (old money) at the end. My figures show PMO slumped from 40 pence after the disastrous interim results about a year ago.

If it really hits £1 that is like valuing PMO shares at 5 pence. Ouch. But no reason HBR holders get hosed down similarly.

[one_frankel] 10/9/2021 14:08

TA is indicative of short-term price action Poop so yes it was another moronic argument of yours...But I hope you did your DD with Vela for a near 80% rise within the month on expectations of the medical trial...

You could have been a fruitful moron rather than a humble one buddy!

[andypop1] 08/9/2021 23:09

My view of how this will play out, should it happen, is Harbour will acquire Neptune in a part cash and part equity deal, the ratio I'll leave to you.
The cash element will be funded by an underwritten RI and any shares issued to the current Neptune shareholders will have an extended lock in period giving the current Harbour management an opportunity to exit the business during an agreed transition period between their lock in ending and Neptune appointing their own board of directors.
After that Neptune will rinse and repeat.
Who said these shenanigans would end when Big Tone left the helm?
Good luck, it will be a quid (in old money) by year end!

[dandigirl] 08/9/2021 15:16

Interesting post andypop1

[one_frankel] 08/9/2021 12:37

Potential combined assets with significantly diluted debt and yet another moronic argument from Mr Poop!

...I'm actually starting wonder whether your investing is ever fruitful with such redundant thinking buddy!

[breakconvention] 08/9/2021 02:08

I think it's time to look at HBR in a different light given current Oil & Gas prices. I am also fascinated by the moves by Bitcoin miners to move into the space to buy flaring gas to power mining. This story could evolve very quickly,..

[andypop1] 07/9/2021 22:52

Rumours of a merger with a similar sized private equity owned oil and gas company?
Has PMO become a vehicle for PE to take their money out of the market before the perceived dirty business is completely uninvestable?
What will the owners of the unlisted Neptune want in exchange for their company?
The answer is shares in Harbour Energy that they can eventually offload.
Have you lads not learned anything from the last merger?
Looking across the various boards punters are celebrating and congratulating each other on a 2% rise that hasn't even taken the share price above the 400p consolidation price let alone getting anywhere near the previous PE merger price that those celebrating said would double at worst.
Private equity is not charitable, at some point they need to extract their investment and what better way than to use a listed company?
It beats going down the costly and likely disappointing (in the current environment) route of an IPO.
Good luck, I hope for your sake the merger doesn't happen.

[dirossiale] 07/9/2021 14:37

HAPPENINGNOW!!! [UPDATED AT 14:35 at BST]
Latest Harbour Energy plc trading volumes excluding hidden or later to reported trades:

Buy Volumes: 847,212
Sell Volumes:702,407
Unknown Volumes[?]:6573

[sbb1x] 07/9/2021 13:57

Seller of the scales or a buyer in the market...