Harbour Energy Share Discussion Threads

[weemonkey] 18/2/2021 07:53

Easy UVA. Let's keep it clean.

[undervaluedassets] 18/2/2021 07:51

Nice to know that Stansmith has filtered me.

He reminds of nothing less than a stained mac-wearing flasher who pops out from behind trees and exposes himself to scare the naughty children out of the park (a park that he clearly thinks belongs to him and him alone).

What he is doing here I have no idea. He clearly thinks he has some sort of ownership of the debate: Any kind of bullish outlook is promptly jumped on.

I can only assume he is short. Given the 41% rise since the low on the 28th of January, he is of course, unhappily short.

[csmwssk12hu] 18/2/2021 06:43

$65 gone $66 next

[undervaluedassets] 18/2/2021 06:30

Oil charging again..

$65 looks baked in.

[csmwssk12hu] 18/2/2021 00:00

Oil sniffing $65 merger on track for 29th, prices always rise ahead of entry into ftse 100 as funds buy ahead knowing trackers have to buy a great time for pmo imho dyor

[andypop1] 17/2/2021 23:33

Young marky,
You take the bait every time.
I asked you a question and true to form you dodged it.
You then come back with what I can only assume is a statement but finish the sentence with two question marks.
Are you asking me or telling me?
Given today's RNS was soder wrong to offer hope to the viewers that HE would enter the ftse 250 in June?
You need to listen to your uncle Andy, lol.
Good luck mate.

[andypop1] 17/2/2021 22:55

So HE will not be considered for entry into the ftse 250 in June as some had suggested, it will be September at the earliest.
Where does that leave soder's theory of the tracker funds picking up the three billion plus creditor shares marky?

Good luck.

[csmwssk12hu] 17/2/2021 21:47

Oil sniffing $65

[undervaluedassets] 17/2/2021 19:19

filtered.. Oh no!

[stansmith3] 17/2/2021 18:43

uvamoron..filtered

[stansmith3] 17/2/2021 18:36

pmo up 1%enq up 17%now shut up

[undervaluedassets] 17/2/2021 17:27

They are buying

Last 3 days buying of PMO stock ..

15/02/21 volume 24 million shares
16/02/21 volume 18 million shares
17/02/21 volume 16 million shares

(Average daily volume for PMO for past 12 weeks 11 million shares per day so volumes over the last 3 days nearly double what is normal)

Share price appreciation over last 3 days 14%

So the shares are going up on larger than average volume.

2nd fastest gainer in the FTSE small-cap index over the last 3 days (Enquest at no 1).

They are buying.

[undervaluedassets] 17/2/2021 17:23

Er... they are buying..

[stansmith3] 17/2/2021 16:55

uvayou are the one struggling to reconcile why pmo shares price has not matched brent since last mayits easy, ill try againpmo nearly went bust (still with me) they gave AWAY all their assets and debt in exchange for 5.45% of an enlarged entitywhy is that so difficult?had pmo NOT merged and someone managed to survive until today, yes the share price would be flyingbut it not and it wont.....for the reasons aboveif there was a sniff of truth in what you think, dont you think people would be buying....?pmo share price is behaving exactly as expected

[undervaluedassets] 17/2/2021 16:29

Stan ..

Not the same as going bust is it "nearly going bust" ?

PMO is precisely NOT going bust because of the merger.

And the value of the underlying assets will have gone up with the price of oil

These statements are incontrovertible.

[stansmith3] 17/2/2021 15:37

re may reference?how can you say that with everything that has gone on?why would pmo keep pace with brent?nearly going bust and rescue merger are your two free starters

[csmwssk12hu] 17/2/2021 15:16

Breaking news Chevron oil jumps after Berkshire Hathaway takes large stake

[undervaluedassets] 17/2/2021 13:46

You done the maths csmwsssskkkkk111huuu on that assertion have you?

One thing is for sure Oil companies with assets are a leveraged play on the price of oil.

PMO's share price has not even kept pace with the price of oil since the bottom for Brent on 28 May last year.

There is value here

[csmwssk12hu] 17/2/2021 11:40

Every dollar on oil is $250,000 per day extra revenue do the maths with a 200 million mcap

[csmwssk12hu] 17/2/2021 11:39

Oil straight through 64

[undervaluedassets] 17/2/2021 11:36

Yup. PMO is the cheapest way into what is going to be a major Oil play

[patience a virtue] 17/2/2021 10:31

Oil is staging a great recovery, pmo will follow sooner or later.
The shares to be issued to the creditors following the merger imv will likely be swallowed up by the institutional investors who will be keen to have a strong holding in a 250 or 100 company rather than being dumped in the open market. Some will be used to cover the existing shorts and some will be retained by the creditors. I expect Harbour to trade at much higher prices once merger is complete provided that oil stays at current level.

[csmwssk12hu] 17/2/2021 08:54

Oil just jumped about to take out $64 imho dyor

[csmwssk12hu] 17/2/2021 08:53

I have £52 invested here, it’s everything I own, I am a cheerleader how did you guess?