Harbour Energy Share Discussion Threads

[chutes01] 09/6/2017 20:12

he's on a beach right now,not giving a @@

[spacecake] 09/6/2017 19:23

Oil, its not where it comes from, conventional or shale - the market is oversupplied, peak consumption.

[volsung] 09/6/2017 18:46

Oil is a rubbish investment and has been for some time. Shale has screwed up the pricing. Within 10 years renewables will have changed the face of transport.

[glenkaz] 09/6/2017 18:42

God thease shorts are c/nts! Not in any oil ... Yet! But hope they get foooooooking burnt to a crisp! It's all oil or most! Want to jump in and get my losses back from them £200k says so! But when🤔 Feel sorry how peeps being robbed! Gla!

[bigsi2] 09/6/2017 18:40

Mexico Zama & Falklands sea lion are very different prospects.SL - $1.5bn to develop awaiting FIDZAMA 25% non operator high impact well $150m ish

[bigsi2] 09/6/2017 18:32

Rig count up again

[spacecake] 09/6/2017 18:23

Drilling in mexico while sitting on the falklands - thats a great tactic.

[timothyjones2010] 09/6/2017 18:16

PMO employ a broker to monitor the share price and report back to the business. He clearly has this week of or he is complicit along with the management who are being paid a lot of money to make this business work for its shareholders and not the brown envelope brigade

[bakedbean57] 09/6/2017 17:11

Thoughts PMO negligent or complicit?

[begorrah88] 09/6/2017 16:42

Even if a mass of people were to decide over the weekend that this is now a steal and they all piled in on Monday it would have no bearing at all.

Buying volume has no impact whatsoever of PMO share price as they buys just get soaked up and then down goes the share price on every raft of AT sells [technical trading is what PMO IR call it].

I see no reason why they would stop now that they have got this on the run. There is no support.The CEO is paralysed like a rabbit in the headlights and thinks that if he just keeps out of the way it will all go away.

No institutional buyers whatsoever coming in to PMO because they don't trust the financing after all the previous dodgy dates.

[nav_mike] 09/6/2017 16:31

LOL 178k in a single AT trade to take out 48.5p with 30 seconds of trade left

[nav_mike] 09/6/2017 16:26

Like I said begorrah, they have really scented blood today....

48.5p is the 12 month low and they are pushing hard for a close below that. Oil is up half a dollar in the last 20 mins, and they are still flooding the SETS book with sell orders.

This is the parasites going into aggressive mode

[begorrah88] 09/6/2017 16:19

When POO was $48.2 yesterday PMO was 52.75p

POO is now $48.2 and PMO is 48p 9% fall!!!!!!

That isn't the oil price doing this

[fitton] 09/6/2017 16:19

Amazing really,the bonds are still trading at 87p,so this all depends on when the shorters change direction if at all.

[timothyjones2010] 09/6/2017 16:15

The next oil inventories are out Wednesday - if they don't support poo and it drops were in trouble. I believe the inventories will be good for poo next week. Libya output is down, some of the disruption in Middle East will have a small effect, need some China data to say productivity it up. All in all I think it's going to be enough to give poo a shove to $51 at least. Monday Tuesday steady days and PMO will be vulnerable and who knows, we could be mid forties, could be early fifties

[loveandmoney1] 09/6/2017 16:05

if the 50 support goes

where next?

[timothyjones2010] 09/6/2017 16:00

These hedgies/shorters are parasites, feeding themselves and don't give a toss about the shareholders. They should be in jail - Tony Durrant will probably picking up his weekly brown envelope up in a couple of hours when he meets the scum bags for champers

[cashandcard] 09/6/2017 15:59

Deary me, TD really isn't inspiring is he. Solan has badly underperformed, while costing a Kings ransome. Catcher, we hope, will perform as expected. But who has any confidence left in him other than creditors, looking to get their money back?Zama could deliver a welcome boost to the company, but all the chickens are coming home to roost now. I considered Falklands a good project some years ago, its been ruined by the debt here. I don't know how the misery can be ended frankly.


Cash

[fireplace22] 09/6/2017 15:45

From f1game on lse:

TD response to email:

Make of it what you will, they appear to be working hard.......the share price is not reflecting this however.

"I can only give you the facts.I hope you will reflect them properly in your posts.
The company is outperforming. Production is ahead and growing. Costs are falling. Catcher is on schedule. Zama will be at target depth in two weeks. Assets are being sold but only at good prices. Net debt is falling. The refinancing is proceeding in line with previously announced dates which are dictated by the Scottish Courts. Lender approvals have been received. The details of all the above have been set out in our recent press releases and in our shareholder circulars"

[nav_mike] 09/6/2017 15:43

They have really scented blood here today....if anything the pressure is accelerating as they push it lower

Ive said it before but the supply of sell orders onto SETS really is endless

7% down on a day where oil is barely changed

[begorrah88] 09/6/2017 15:42

The shorters lined PMO up, TD walked right into it and sold us down the river.

He doesn't care he can just pay himself more out of the annual losses

Something very smelly about what is happening here

Why are all of the shorters so convinced that PMO is dead?