Harbour Energy Share Discussion Threads

[begorrah88] 09/6/2017 15:34

What a disaster

PMO massively worse performing than TLW, ENQ etc

Are any of the board buying at these levels? are they f...!

Capitulation happening before our eyes - just PMO mind, so it isn't POO to blame

Hedge funds and shorters love PMO - the stock that just keeps giving. I hope they remember to thank TD for the invite

[timothyjones2010] 09/6/2017 15:33

Can't agree more Mike. Where and when is it going to end. Anyone thinking of buying in must be thinking wtf, so there is going to little if no support. At what point do you stop topping up and converting and say enough is enough. I believe if oil reach $55 the share price will struggle to get to 55 at this rate. There doesn't appear to be any encouragement for people to buy in. I'm wondering if there is a problem with the refinancing that hasn't been published. Don't mean to be negative but it does make me wonder

[nav_mike] 09/6/2017 15:10

I must admit to being completely punchdrunk over this whole affair....should have sold out long ago, but thats my own fault, for not taking the first and smallest loss

Never been in a share where the price has been so relentlessly under attack, regardless of what might be happening with the fundamentals of the business.

The selling and constant downside pressure seems utterly outside of PMOs ability to stop.

[bakedbean57] 09/6/2017 14:57

Well looking forward to what PMO have to say today regarding performance v peers... suppose it's just some more of that 'technical trading going on' I honestly don't think they have a clue or they are complicit it's one or the other !

[timothyjones2010] 09/6/2017 12:45

https://www.google.co.uk/amp/s/www.bloomberg.com/amp/news/articles/2017-06-07/libya-s-biggest-oil-field-said-to-shut-down-on-workers-protest-j3n422v8http://oilprice.com/Latest-Energy-News/World-News/UAE-Reinstates-Total-Ban-On-Qatar-Linked-Oil-Tanker-Movement.Hopefully this little will disrupt the oil glut and the eia will put out some good data to give poo a little shove

[nav_mike] 09/6/2017 11:55

Its their mission today to keep this below 50p bid it seems

Every time the bid ticks up to 50p its instantly taken out....albeit probably by algos programmed to do so

Loads of Ordinary buys but of course they dont count

[paulbiya] 09/6/2017 11:07

I sold 20000 yday. Bought back today. 800 free share thx jeremy

[runwaypaul] 09/6/2017 10:37

personally traded a couple of these obvious pivots so far and done okay.this one looks another good opportunity.but something says don't bother this time so im passing.gl to those that try it.

[timothyjones2010] 09/6/2017 10:32

This has been one of those weeks where I wish I never got involved with PMO - I just hope, big hope that there is something positive on the horizon.It is absolutely wrong that a business can allow greedy institutions dictate the value of a business who don't give a toss about there share holders.Tony Durrant I hope your proud of yourself

[datait] 09/6/2017 10:24

Should fall back to 45p

[begorrah88] 09/6/2017 10:14

They are back to removing the bid even when no sells go through

They really have got this on the run

They have had POO falling and a very compliant CEO who has been a dream for them. Can't manage to close the finance, misled everyone about dates and gave a massive chunk of the business away.

A shorters dream

[fireplace22] 09/6/2017 10:13

Painful though innit.

[anony mous] 09/6/2017 10:09

Was £1.00Now 50p down.Arh well, it can only go down another 50p !ffs

[fireplace22] 09/6/2017 10:08

debt should be sorted this month with meetings on the 15 and 26th I think. After that its down to PoO.

[puzzler2] 09/6/2017 10:03

Whilst I'm no longer holding PMO (gave up at 60p, having bought in at 68p or thereabouts), I'm finding this current share price slide thoroughly depressing. The combined effects of a falling POO and the continuing refinancing saga don't provide sufficient positive sentiment for the trend to reverse. Sort of hoping that a time to buy back in will come, but when is anyone's guess.

[begorrah88] 09/6/2017 10:01

Anyone seen any articles or RNS saying that TD has deferred his payrise due to the disparity between him getting rewarded and the appalling position of the share price?

No, me neither

He should be ashamed of mugging shareholders through both the front and back doors

Any half decent CEO would be embarrassed to be milking extra money out of their company whilst their shareholders are punished and most would defer any payrise until the share price reached a certain level more in keeping with shareholder interests

Not TD

[deanroberthunt] 09/6/2017 09:21

whole sector is an avoid

[deanroberthunt] 09/6/2017 09:21

POO chart has a classic HnS downturn bowl, $45 next, then $40 brent

[sleveen] 09/6/2017 09:12

No, it's the fall in POO, not manipulation

It has been for the past 3 years.

[nav_mike] 09/6/2017 08:59

The relentless sell down in oil will give Durrant all the excuse he needs to say 'weren't me guv' if hes taken to task about the abysmal share price performance this year.

Cant post any more without sounding like a serial moaner, so I wont :)

I just hope youre proud Durrant....the only people doing well out of PMO are you, the debt holders and parasite hedge funds

[begorrah88] 09/6/2017 08:44

Hitting the 50p stop losses by 9am?

50.25p bid now