Harbour Energy Share Discussion Threads

[csmwssk12hu] 23/2/2021 08:13

Well we have broke resistance at 24.3, next according to chart is around 35 then 52, wonder how quickly that could happen, all imho dyor

[csmwssk12hu] 23/2/2021 08:10

Marky you beat me to it gist yet Stan and Andy

[stansmith3] 23/2/2021 07:32

andys sell at 47, still looks good does it not marky?after all this time

[markymar] 23/2/2021 07:08

The so called Creditors who are short are loosing money as the price rises depending on the price they bought at so not all celebrations at allGet the gist Stan

[steve73] 23/2/2021 06:54

This link indicates there is still around 7% global supply shut-in. The possibility of this returning to market at reasonably short notice should keep a lid on prices.. IMO.

[csmwssk12hu] 23/2/2021 00:23

American market seeing rotation from tech to traditional stocks, good news for oil shares

[csmwssk12hu] 23/2/2021 00:18

Great news about the merger, oil over $65 now hitting recent high on back of merger confirmation, uncertainty out the way, roll on Tuesday

[andypop1] 22/2/2021 23:58

undervaluedassets - 25 Nov 2020 - 11:27:56 - 52332 of 53467 Premier - Charts and All - PMO
The merger does indeed put backstop on the valuation here. (so as for doom mongers claiming it is going phutt ? I don't think so)

And with the safety of the backstop, there is nothing to stop PMO charging should sentiment around all things oil continue to firm .


You posted the above when the share price was 23.61p, so what stopped PMO charging given all things around oil continued to firm?

Impunity, lol, good luck.
Night.

[markymar] 22/2/2021 22:28

They are fighting a loosing battle trying to check mate,funny how most of them dont want money in there pocket but in new sharesMarch you will see the biggest catch up this is just the start

[pdosullivan] 22/2/2021 22:23

The RNS released today says that PMO shareholders will own 5% of the enlarged company post merger. The current PMO market cap is £210m so a £4.2bn implied Harbour equity value assuming rational markets (ahem). Net debt guided to be $3.2bn on completion so an EV of $9.1bn. Guidance (6 October RNS) is that the combined group will produce >250kboepd. That is close to $6bn a year of revenue. 2P reserves were 717m at end-2019. Let us assume 700m so EV/2P reserves values Harbour at c$13 a barrel for mostly low risk North Sea reserves and cashflows that are underpinned by deferred tax assets. Assuming my maths are right, to me that seems an undemanding price. How do others view PMO here please?

[sbb1x] 22/2/2021 22:16

Melqart Asset Management (UK) Ltd short position in PREMIER OIL PLC up 0.11% to 3.14% #PMO $PMO #LSE #StockMarket #Stocks #Shares #Business #Markets #Trading #News #Investing #Short https://t.co/vM411LdLkR

[csmwssk12hu] 22/2/2021 21:28

Super Marky, merger and debt swap approved uncertainty gone, to the moon and beyond lol, I mentioned CTEA this morning at 2p I got in for a flutter it’s now at 3.3p hope some of you guys took a look this morning, shame Stan and Andy are filtered they won’t see the posts

[markymar] 22/2/2021 19:54

Oil over $65 and climbing

[stansmith3] 22/2/2021 16:25

if this is the state you get yourselves into over a 5% rise....

[csmwssk12hu] 22/2/2021 16:12

Stanley how’s your short doing

[undervaluedassets] 22/2/2021 16:01

It's funny now he has filtered me he can have no comeback otherwise he has to admit that he had a sneaky peak.

Hence I say what I like with impunity. What a funny man.

[stansmith3] 22/2/2021 15:32

about 400% to go

[stansmith3] 22/2/2021 15:31

not bad, about 1/20th the rise some shares have risen since lockdown

[csmwssk12hu] 22/2/2021 15:10

Now uncertainty has been removed watch her fly

[undervaluedassets] 22/2/2021 15:05

StanS ... Enjoy your new freshly torn A'hole

[csmwssk12hu] 22/2/2021 11:36

Oh Stanley boy the pipes the pipes are calling, from platform to platform and down the North Sea pipe, oh come ye back when PMO is soaring, oh Stanley boy oh Stanley boy where have you gone.

[weemonkey] 22/2/2021 11:12

Hey, Play nicely children.

[csmwssk12hu] 22/2/2021 11:10

The day of reckoning and it’s looking very bright