Harbour Energy Share Discussion Threads

[deanroberthunt] 04/5/2017 13:33

so much risk of a cash call that holding now you might easily just get caught out, like at Tulllow

[deanroberthunt] 04/5/2017 13:32

and to be honest, I've got plenty of solid low/no debt Oilers, going up and making new highs, that I never need to own this.....so can't be that desperate

[patience a virtue] 04/5/2017 13:28

dean, we all can see that you want to get in at a lower price, but no need for desperation.

[puzzler2] 04/5/2017 13:26

Yes, agreed - very depressing these last two months, certainly. At least earlier in the year and last year the share price was clearly in an upward or downward trend, where it wasn't difficult to take a position and make some money - but this tedious and lengthy re-financing has made a mess of everything. I'm nursing an 11% loss on this last trade and I'm too stubborn to sell. You just know that if I do sell, the price trend will reverse - and therein lies the dilemma.

[deanroberthunt] 04/5/2017 13:23

cashflow neutral at best at these Oil prices, no way on this earth at even attempting to pay off any of the $3bn debt...

TD has sold the company down the road to the lenders/bondholders to save his own skin, plus a nice pay rise....to the detriment of private investors...
They hold the companies future in their hands, and all they care about is getting their money back....end of
Sea Lion aint happening, period....

This company is so levered up, debtwise and to Oil, that unless everything goes absolutely perfectly from here, then she's in serious trouble....Catcher needs to be 100%, any problems and the shareholders will be stuffed....

TD has stated, on numerous occassions, that placings, rights issues etc.. aren't required, unless low Oil price persists....I reckon we're getting mighty close to it persisting....

GOOD LUCK

[glenkaz] 04/5/2017 13:21

£8k down since last week buy in! 🐊Of💩 Posts loads in the past never learn think Pmo have robbed me of £90k

[deanroberthunt] 04/5/2017 13:14

stupid IS what STUPID does.....user, for clarity

[deanroberthunt] 04/5/2017 13:14

user
it appears you are the stupid one, levered up in this mess.....see you at 42p or lower depending on the cash call.

when the Oil industry is tight, and companies are struggling to b/e or be cashflow neutral at best, then pick the ones with little or no debt.....

[begorrah88] 04/5/2017 13:11

POO getting kicked down again - $49.74 now for Brent

I have no doubt this is predominately speculator driven [in much the same way as can see that LSE can be manipulated] to try and force the hand of OPEC along with some genuine shorters who can't believe their luck and are pushing for capitulation.

It does seem as if there is only one game in town at present - kick POO and kick small oilers.

Another 3 weeks of volatility and positioning ahead of us.

[begorrah88] 04/5/2017 13:03

Posted on one of the other boards [can't vouch for the accuracy but says taken from Euroclear]

Since TD's invitation to shorters at the start of Feb the total amount of stock on loan has grown to just shy of 29%!

Jan 15.47%
Feb 16.33%
Mar 27.93%
Apr 28.86%

Currently stands at 7.00% for over 0.5% positions.


I'd imagine the short position is still building. Best part of a third of the companies stock on loan FFS!

.....and what is happening to deter those shorters? Nothing

[timothyjones2010] 04/5/2017 13:02

Sorry to hear about your loss, I have had the same problem buying in thinking its bottomed out. This has gone on for 6 weeks in my case. I'm sure we are not alone. May 17 trading statement can't come soon enough, may 25th OPEC meeting, again can't come soon enough. If we get a good RNS and good OPEC outcome and the share price is still hanging around mid 60's it may be time to say cheerio to PMO

[user47] 04/5/2017 12:51

It has also been one of the most depressing shares I have had Timothy, just cannot believe it has gone from 96p in January to this price. Watching the last 4 weeks I thought 60p was the bottom, so yesterday I added another £200k worth, yes you guessed it, I am down 3.15% on that (inc fees) since 4.15pm last night.
OPEC have not got to stop messing about and make a decision, then get serious with it all, as think they all been playing with numbers, since it was all agreed in Nov, not to mention their big ramp up of production in December, trying to be clever, but this time it could come back and haunt them, if this goes the wrong way.
Just hope OPEC extend, the refinance comes though end of May and hopefully will be looking back on the last 3 months if we are lucky.
Good luck all.

p.s. Think deanroberthunt, needs to get a personality transplant, such needless aggression in his posts. I was always told "It's better to let someone think you're stupid than open your mouth and prove it."

[timothyjones2010] 04/5/2017 12:31

This has to be the most depressing stock I have ever owned. I just don't see why the share price is so depressed. Vwap I wasn't happy with but could see the reason, financing locked in. All the right reasons to hold stock and looking ahead with a long term view. But no it's going backwards, when poo is up I don't see any real gains, when poo drops and these at trades kick in all day long, is like waiting for something to happen and I'm sceptical it actually will. On a regular basis I top up, but a day later it's worth less - I simply do not get it

[begorrah88] 04/5/2017 12:20

This doesn't need POO falling to be walked down.

It can do that quite easily on its' own as we've seen over the last couple of months.

Even when POO nudges back up the AT sells keep taking the bid away - 59p bid now and looking extremely fragile with no reason to expect any reversal anytime soon.

Still, that's what happens when you invite shorters into your stock and then allow them to control the value of your company.

[deanroberthunt] 04/5/2017 10:52

I may see an opportunity for a trade at some point, so one must keep ones finger on ones pulse...

[deanroberthunt] 04/5/2017 10:52

couldn't give a toss about PMO, I'm just having a mull.

[bakedbean57] 04/5/2017 10:51

You care an awful lot about PMO if you shouldn't have a care here... very ironic.

[deanroberthunt] 04/5/2017 10:50

@peterlowen

I'm considering taking out a LBRT ETF, as I reckon Brent Oil has bottomed in the cycle

[deanroberthunt] 04/5/2017 10:49

it's not a prerequisite to being able to post on a public forum....freewill in a democracy

[peterlowen] 04/5/2017 10:49

hxxp://www.blackseagrain.net/novosti/brent-oil-prices-forecasted-to-gain-usd-10

[deanroberthunt] 04/5/2017 10:47

I couldn't give a toss about supposed share price manipulation.....nor if posters hold shares, or not....it's all irrelevant bile

[deanroberthunt] 04/5/2017 10:45

GO HURRICANE!

[deanroberthunt] 04/5/2017 10:44

care about what