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Share Name Share Symbol Market Type Share ISIN Share Description
Highlands Natural Resources Plc LSE:HNR London Ordinary Share GB00BWC4X262 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 9.45p 9.40p 9.50p 9.45p 9.45p 9.45p 16,034 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 2.9 -4.0 -4.2 - 13.00

Highlands Natural Resour... Share Discussion Threads

Showing 15201 to 15222 of 15625 messages
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DateSubjectAuthorDiscuss
13/12/2018
08:55
I fear for your wallet bobby, you should get a job in financial PR, you’ll never make money in investing.
jaknife
13/12/2018
08:53
Cotton4, You appear be ignoring the inconvenient facts that there were £3m of admin expenses in the first half. Annualise those and it’s pretty obvious that you have an annual need to go to shareholders with a begging bowl! JakNife
jaknife
13/12/2018
08:49
No. Wrong. The deal hasn't finished. It's ongoing. They have their 7.5% share of revenue from the wells included in the deal. We don't even have any flow rates from 75% of those wells yet! But despite this you are already judging it as if its finished when it is not! Also, this deal is only on the first 8 wells. There are dozens more to go after these.
bobby1904
13/12/2018
08:43
bobby, I don’t understand your claim. They sold nearly 100% of the East Denver project and recorded a loss. The numbers are incredibly simple to understand. The amount of money that they got back from the sale of the project was materially less than the amount that they invested in the project!!! My explanation is simple and can be understood by looking at the accounts. You’re the one putting a PR spin on what is quite obviously a disastrous set of terrible accounts!! JakNife
jaknife
13/12/2018
08:42
Annualised revenue from 2 wells ~ £1m. That would £4m from 8 wells at current production. £12.5m from 24 wells, profit £8.5m .Current market cap £16 or a PE of 2. Risk reward. No oil then no value. Simple.
cotton4
13/12/2018
08:36
Oil where Cotton4? They sold 92.5% of their principle asset and now only have a 7.5% carried interest in East Denver which produces negligible amounts. The only real asset they they have is the cash.
jaknife
13/12/2018
08:32
My point which you purposely ignore is that these results are for a period in which the deal they did hasn't yet been properly reflected! A judgment of the deal this time next year would be more fair but to judge it as you are when it hasn't even go going yet ie flowing is just picking out something from the accounts & putting a pair of blinkers on to interpret it. All done by you to suit your short position. However you are wrong. Full stop!!
bobby1904
13/12/2018
08:28
If the oil is there, the potential upside, risk free is substantial. The presence of oil is always the risk in investing is this type of company.
cotton4
13/12/2018
08:15
Irrelevant! It's in the past. It doesn't include any revenue for 6 out of 8 of the E Denver wells which are in process of coming on line in next few wks. Looking forwards these will bring significant multi $m's cash in. You have an agenda and twisting picture to suit your position.
bobby1904
13/12/2018
08:10
bobby, Do you know how to read accounts? Look at the P&L. Can you see the massive loss on disposal? JakNife
jaknife
13/12/2018
08:06
How do u arrive at E Denver being a loss when they haven't got all 8 Wells flowing yet? We're still waiting to hear about the flow by early 2019. You are just desperate to find a way to back up your failed short bet!!
bobby1904
13/12/2018
07:52
This is in the outlook statement. Highlands enters 2019 with revenue streams from three projects, placing us, for the first time, in a position of self-sustainability. The core value of the Company is represented by our East Denver Project, which itself is expected to cover all our overheads for next year. The potential expansion opportunities at the project would deliver further upside to Highlands at no cost to us.Jack please comment
glenbo1
13/12/2018
07:51
You sound very desperate. Worried about your short bet?
bobby1904
13/12/2018
07:49
Sorry £1.88m is the right off.Plus revenue stream is now increasing. Denver was not a great business decision but these things happenThey have many rabbits in the hat.
glenbo1
13/12/2018
07:48
Does it not say self sustaining from the beginning of 2019£1.88 is a right off from a disposal
glenbo1
13/12/2018
07:48
at 14p close last night the market cap was £16.6m, it needs to fall to circa 3p to be the right price.
jaknife
13/12/2018
07:35
you should read them tidy 2, then you'll understand: operating loss of £4.4m confirmation that the big deal that they claimed was so amazing actually made a loss of £1.9m cash less than £2m total tangible assets a tad over £2m horrendous cash flow statement And yet the company has been wandering around spinning this deal as an enormous success. These accounts show that they're liars. JakNife
jaknife
13/12/2018
07:25
Sounds like panic coming from you jak whats up son?
tidy 2
13/12/2018
07:10
Worse than any of us predicted: Https://www.investegate.co.uk/highlands-naturalres--hnr-/rns/interim-results/201812130700013137K/ A massive thumping loss, lots of waffle to try and pull the wool over shareholders’ eyes and basically less than £2m of cash left. What total wastrels! Strong Sell! JakNife
jaknife
12/12/2018
15:30
Cotton4, I don't think that you understand how annuities work. The idea with an annuity is that you'll get a regular and similar amount of money every month / year. In HNR's case they've invested an enormous amount of shareholders funds (in excess of £13m) into a project. They've then sold off 92.5% for $5.4m. The 7.5% retained interest is worth about $0.4m and will deliver some very small and irregular cash flows for a few years until the wells run dry. In short, nothing whatsoever like an annuity. JakNife
jaknife
12/12/2018
03:47
A bit like buying an annuity. You give up your hard saved cash for a lifetime income. The question for HNR and us as shareholders, is there a lifetime income and how much. If they have anywhere near £3m in cash, I would be delighted.
cotton4
11/12/2018
16:24
supercity, They raised circa £13m+ over the period May 2015 to Aug 2017 to invest into East Denver and claimed a massive success when they sold it last year for $5.4m. It doesn't take too much effort to see that that was a massively shareholder value destroying waste of money. And their claims about repeating that activity have since proven to be nothing as they have had to walk away from the West Denver project: "Highlands, the London-listed natural resources company, announces that it has withdrawn all of the Colorado Oil and Gas Conservation Commission ("COGCC") spacing and permit applications associated with its West Denver project." From: Https://www.investegate.co.uk/highlands-naturalres/rns/colorado-shale---west-denver-update/201811190700056908H/ In summary: they're a bunch of BSers. Expect the results later this week to show cash of less than £3m and no other material tangible assets. JakNife
jaknife
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