Harbour Energy Share Discussion Threads

[american idiot] 20/10/2017 12:43

Marv,

We all know you are long and fustrated like a few others here.

Be patient, keep calm. Catcher is here and we will all be rich lol

[marvin9] 20/10/2017 12:33

What?

Hurry up I'm a busy man!

Don't you worry it will close in the red again, down from £4 to 63p and being manipulated by puppet Durrants mates with is blessing.


Crashing and burning as we speak .


Mewwwwwwwwwwwwwwwwwwwwwwww may day mayyyyyyyyyyyyyy day or is it April the 1st day?

PMO 63P........... TLW £1.84P....... Due to good management and don't have a puppet CEO in place. OINK OINK

[american idiot] 20/10/2017 12:19

The lows were around the 45p area and then Zama showed up which added around 15p to the shareprice. Who knows ? 60p ? 62p ? 63p ?

Personally I wouldn't be so picky over the perfect entry point - because the outlook here clearly points to a solid recovery taking place, oil has been on the up, Catcher production potentially around the corner.

The shareprice is currently in a 'bullish inverse head n shoulders pattern'. Solid support should be around the 62p area and if the pattern plays out (I have no reason to doubt otherwise) then I have a price target of 78p.

He who dares n all that.

[fireplace22] 20/10/2017 12:18

John we are awaiting news on a number of fronts the main one being link up and production at the new Catcher field. The FPSO is now in position if/when there is positive news here (we're promised first oil this quarter) then I doubt if we'll see the 50's again.

[begorrah88] 20/10/2017 12:16

john09

Your guess will be as good as anybody elses as PMO is a hard stock to read.

Many variables but fundamentals are looking strong, prospects are good if Catcher goes well and lots in the pipeline but, and it is a big but, the share price is under extreme management by hedge funds and nobody can really get a handle on their intentions as they seem to fly in the face of conventional logic.

Personally I'd say anything under 60p would be a solid buy for your time lines. We could see dilution via Convertible Bonds and Warrants which could tug the share price down into the 40's/50's but hopefully not.

[badger60] 20/10/2017 12:04

I'm hoping that we will if Marve pulls his finger out.......

[john09] 20/10/2017 12:01

I'm hoping to buy 150,000 of these but don't have the money for another couple of weeks. The intention is to buy for the medium term (around 2 years)

Would be grateful if any long term holders or followers might have an opinion on a good short term entry price, is it feasible we might see 50p or 57p again in coming weeks?

Thoughts appreciated

[badger60] 20/10/2017 11:53

Oi Marve......stop sniffing the white stuff and sell more PMO.......we are in danger of ending the the week on an up day... if you don't!

[badger60] 20/10/2017 11:49

Where's Marve gone???

[badger60] 20/10/2017 10:37

Are you there Marve????

[begorrah88] 20/10/2017 10:29

Well it is Friday and they do like a $1 smashdown on POO on a Friday.

PMO holding up pretty well at present but I'm always fearful about saying things like that.

[badger60] 20/10/2017 10:27

Let the muppets carry on shorting it...Oi Marve.......If Tullow management are that good....why has the company got $3.8bn debt????

[american idiot] 20/10/2017 10:13

Crash and burn ?

Down 0.25p !

[badger60] 20/10/2017 10:13

"Crash and burn" implies a 20-30% meltdown.........not a .5% -1% share price reduction. Let me know when it crashes and burns and I'll be in for a 2-300 k.......as I only own 50 k at the moment...

[leoneobull] 20/10/2017 10:11

Sleveen disingenuous, toi? What on earth are you talking about? Pmo Fpso for catcher is first class. Foil will come Decemberish. Enq and kraken a different scenario

[marvin9] 20/10/2017 10:02

My oh my just watch this sucker crash and burn

[phowdo] 20/10/2017 09:48

Friday crude smackdown in progress.

[sleveen] 20/10/2017 09:38

Until we are told that everything is running smoothly at Catcher the share price may drift lower given the current difficulties being experienced by ENQ commissioning their FPSO at Kracken.

[american idiot] 20/10/2017 09:16

Net assets of £869.1m as at Half Year report August 2017

Versus

A market cap of £323.1m based on yesterdays closing shareprice of 63.25p.

Ridiculously undervalued at the moment.

[badger60] 20/10/2017 09:08

Work this one out......??Tullow Oil2017 6 months production 81000 bbo dayProduction cost $14.3 bblDebt. $3.8 bnMkt cap £2.55 bn!Premier Oil2017 6 months production 81000 bbo dayProduction cost $14.8 bblDebt $2.8 bnMkt cap £325 mio!