Harbour Energy Share Discussion Threads

[marvin9] 07/11/2017 15:13

Agree idiot just a matter of time, hence an increase in shorts.

What has shorts and PMO got in common??????????

They are both PANTS!

Get it .... PANTSSSS! ARF ARF!

[american idiot] 07/11/2017 15:11

A quick look at the longer-term chart above shows that the shareprice offers great buying opps on the pullbacks even in sharp uptrends.

A sharp $1 or 2 off Brent should do the trick here.

[begorrah88] 07/11/2017 15:05

We've had a nice little run of lateA bit of profit taking & even a little pullback are only to be expected

[marvin9] 07/11/2017 14:59

Wont be long now idiot.... 72p looming

[marvin9] 07/11/2017 14:59

adge 3

Awwwwwww you said a swear word; now go and sit on the naughty step for an hour.
Cluck Cluck!

These umpa lumpa rampers soon get angry don't they eh lol

[american idiot] 07/11/2017 14:52

lol Marv...I'm here, ready and waiting for 72p !!!!!

[marvin9] 07/11/2017 14:37

WEll wadda ya knowwwwwww its tumbling. get ready idiot

[prewar] 07/11/2017 13:52

Fitton, thanks, I think would need to knock some tax off that too?

[volsung] 07/11/2017 13:47

Tlw beginning to look interesting

[gregpeck7] 07/11/2017 11:39

Interesting large surge in shorts. Seems bizarre.

[fitton] 07/11/2017 11:31

prewar
Assuming oil production jumps from the current 75K ish bopd to 100K or more next year.January oil price was $55.Oil at $64 would give an addition $9 per barrel per day.100K x 365 days x $9=$328m addition turnover.Obviously it all depends on reaching 100k a day and the oil price.

[prewar] 07/11/2017 10:34

Fitton

Can you explain workings for $328m number quoted please.

Also since Jan 17 the re-finance implications are a lot more fully understood including the dilution from warrants and bond conversions. To compare prices from Jan 17 with now is in my view fundamentally flawed. I'm long here so hope your inferences are correct, I just don't agree with the logic behind them....

[marvin9] 07/11/2017 10:32

Why the mega spike down? wonder if that created a lot of stop losses to crash out?

[marvin9] 07/11/2017 10:31

American Idiot
7 Nov '17 - 09:57 - 32706 of 32710    0   0
Whilst the above is very true, it's also worth pointing out for new investors the PMO shareprice has gone straight from 62p - 78p within a matter of weeks on the back of the rally in oil so please be careful in picking a decent entry point.

IT ALSO CRASHED WITHIN A COUPLE OF WEEKS FROM 99P TO NOWT!

The opposite can occur..... wayyyyyyyyyyyyyy undervaluedddddddddd!

[begorrah88] 07/11/2017 10:27

Might have wondered if it was pulled down to assist that 500000 buy but they paid 77.75p so paid a full price anyway?

Bid back up to 76.75p now

[american idiot] 07/11/2017 10:22

Agree Begorrah. Just a little caution at present for no other reason than the increase in % of shorts recently combined with the recent 16p rise here.



I would say this though as I'm currently hoping for a pullback in order to jump back in on CFD :P

[american idiot] 07/11/2017 10:17

Agree !

Providing Catcher goes to plan and the POO also goes to plan and production elsewhere also goes to plan.

Excellent future for Premier Oil.

[begorrah88] 07/11/2017 10:17

As that little cameo with the share price shows quite clearly

10 AT sell trades totalling 30399 shares takes the bid price down a penny whilst 163321 shares bought during the same period did nothing.

Always got to remember we are investing in an agenda set by somebody else.

Until all of that unwinds we could see quite a bit of turbulence.

[patience a virtue] 07/11/2017 10:13

AI, you are right if you are short termer wanting to make a quick profit, but if you are investing for a longer term any entry below 80p would be very decent imv. PMO is way undervalued as most on here seem to agree particularly if the price of poo can be maintained above 60p.
I hope PMO will become another KAZ which has done a 10 bagger in the last couple of years. I hold both long term.

[american idiot] 07/11/2017 09:57

Whilst the above is very true, it's also worth pointing out for new investors the PMO shareprice has gone straight from 62p - 78p within a matter of weeks on the back of the rally in oil so please be careful in picking a decent entry point.