Harbour Energy Share Discussion Threads

[ua36] 24/5/2017 09:03

The Ineos acquisition of the Dong assets is interesting re. value for M&A in the oil sector at the moment.

$1billion (with potential $250million more) for 100kboe/d production with 570mmboe reserves.

[prewar] 24/5/2017 08:46

Another up day, begorrah been announced as CEO?

[whackford] 24/5/2017 08:16

Timothy Jones -thanks for posting reply from Elizabeth Brooks. It makes a pleasant change from the rubbish (90%) posted on this thread.

[manics] 24/5/2017 08:13

Premier Oil – Catcher Video (April 2017)
from Premier Oil 13 hours ago

[leoneobull] 24/5/2017 08:04

Glad partners reduced by almost 0.3%Just remember lads, deal should complete legally late June latest. Tick ticketsOpec tomorrow.

[carla1] 24/5/2017 07:35

Up we go...great news

[peterlowen] 24/5/2017 07:32

Shorts reducing,,,,

hxxp://shorttracker.co.uk/company?sort=1&d=desc

[begorrah88] 24/5/2017 07:16

A bit heightest?

[manics] 24/5/2017 06:23

..or THEY'RE stupid imo.

[ball deap] 23/5/2017 19:18

Who is shorting this and where can you trade with such a instrument???

Well any shorters best close those trades soon this is your last chance.

[begorrah88] 23/5/2017 19:09

Maybe answering either of timothyjones questions might have been helpful?

[dr biotech] 23/5/2017 19:05

I think that is a fairly reasonable reply from them. What were you hoping they were going to say?

[marvin9] 23/5/2017 18:29

begorrrr bang on as usual, Ive been saying the same thing for the last 18 months

[begorrah88] 23/5/2017 17:21

Thanks timothyjones

Unfortunately it is utter garbage as a response. They've been zoomed by the shorters and even their own brokers [no wonder jefferies dropped their target price for PMO from 90p to 68p last week].

'some technical shorting' gotta laugh at that! just shy of 30% of the company is on loan since TD rang the bell to attract shorters.

Oil is doing its' bit - PMO is not

[timothyjones2010] 23/5/2017 17:11

I have emailed Tony Durrant 2 weeks ago after the refinancing update he gets Elizabeth Brookes to reply. I emailed about why has the finance agreement has been put back, what is PMO doing about the shorting - it affects private investors deterring private investors and what are you Tony doing about it and what do you have to say. As mentioned he got Elizabeth to reply, he is what she said;Dear Mr Jones Apologies for my delayed response. As a high level comment I would say that the whole industry has suffered in this prolonged period of commodity price downturn with the knock on impact on all stakeholders. We are as frustrated as everyone that the strong operational delivery that we have achieved over the last 2 years has been overshadowed by this. We also, however, acknowledge, that our refinancing process has led to market speculation causing volatility in the share price and some technical shorting of the stock associated with that process. That said, our short position has not changed materially since we announced the revised conversion price for the convertible bonds and we would hope that at least some of that position would unwind going forward. Both we and our brokers closely monitor the share price and in particular to look out for any unusual trading patterns. While our share price has been impacted by technical trading associated with our refinancing process and this is frustrating, we are not aware of any illegal activity in the trading of our shares. We hope that once the refinancing process concludes (and with a little help from the oil price) then, and as I state in my email below, the market will refocus on the strong fundamentals of the business – as I am sure you will have seen from our Trading update last week, operationally the business is outperforming – and that this will be reflected in the share price over time. Kind regards Elizabeth Not what I wanted to here but I wanted to share it with the forum

[begorrah88] 23/5/2017 16:41

You do like a ramp though don't you?

What about that one from Dec 15 saying £1 coming soon?

or those BLVN ramps you used to do?

You are pretty consistent though - wrong over and over again

[begorrah88] 23/5/2017 16:36

apart from you?

You could always press that filter button [look it up, or ring ADVFN for guidance on how if you are struggling]