Harbour Energy Share Discussion Threads

[andypop1] 09/4/2021 22:47

Marky,
Rather than keeping this expensive cow have you considered buying an Ostrich?
Good luck mate and have a good weekend.
Right, time to hit the vodka, lol!
Night all.

[markymar] 09/4/2021 20:49

Andy up in my neck of the woods you by a calf for about £400 to £500 then 7 months time when it's nice and fat you can get about £1000 to £1500 a lot can change in 7 months but I will stick to my cow that milks

[csmwssk12hu] 09/4/2021 20:38

Wtf 19.5 almost back to where I bought last time hey Andy and Stan you still here, guess the short doing well, for you Andy anyway, fancy joining us on NCYT board I gotta guy tbag you might like, he spends most of the day crowing over people losing money whilst having no position himself, straight away thought of you guys at least from 32 back to here you were right..for now, let me know when you think it’s going to turn or maybe I will first, it’s a big boat now so will be much harder to turn either way imho dyor

[my retirement fund] 09/4/2021 19:36

Reb Ban I know little about this stock but I can see you know even less and must be completely clueless mate

[crazi] 09/4/2021 17:40

19.50 looks like a decent entry point for a punt with a little patience...

[reb_ban] 09/4/2021 15:34

I have no doubt this is being played, be brave investors as I am...The drop is completely manipulated without any basis whatsoever. As I've stated in the past, its not always dependent on the price of crude which has not seen a sudden demise...

[reb_ban] 09/4/2021 13:21

Even without pudding and pie, technicals suggest trend is strong and decent upwards momentum is imminent here. Remember It doesn't always follow crude...

[technowiz] 09/4/2021 11:57

if $60 WTI breaks this is going to fly. don't listen to doom-monger andy pandy pudding and pie.

[surfit] 09/4/2021 09:04

Hi Andy, thank you.
The pdf doc was issued from HE, although just an summary doc. I also down loaded the Supplementary Prospectus which I thought would have been more current.
PMO as has been said before really do rate as a excellent case study for finance / economic students. Which I am definitely not.
Rgds Sft

[andypop1] 09/4/2021 08:26

Surf,
That 2.7% is a bit of a red herring.
From press reports I understand ARCM were the largest single creditor reported to hold 15% of the debt so assuming the shares issued to the creditors were equally spit (they weren't but there were a lot of smoke and mirrors in the prospectus) then 15% of the 18% the creditors now own equates to the 2.7% lock up threshold but with their short position they held a net 2.4% of the new shares in issue so are not subject to any lock up restrictions.
To think ARCM were given over 50% of what the PMO shareholders were left with shows what a poor deal this was.

•Former Premier shareholders 5% None N/A
•Former Premier creditors 18% None N/A
•EIG 36% 36%12 months
• Former EIG Investors 33% 33% 6 months
• Chrysaor legacy investors / other 8% 8% 6 months


Good luck.

[surfit] 09/4/2021 01:03

Hi AndyPop, looking at the HE overview document it does state that Premier creditors: Length of lock up:
Small holders (< 2.7%): none
Large holders: 3 to 6 months

P3 investor presentation
hxxps://www.harbourenergy.com/media/talfkwqc/210304-harbour-energy-march-roadshow-final.pdf
Rgds Sft

[surfit] 08/4/2021 22:50

Thank you AndyPop. I was thinking it had to be along those lines.
Okay will read again. Getting confused....again.
Rgds Sft

[markymar] 08/4/2021 22:15

Not all creditors will sell up hence instead of taking money they took sharesThey took the shares to keep or sell at a later date We all know this new company is a cash cow hence potential muted of a 1p dividend or buy back of shares,maybe both

[andypop1] 08/4/2021 20:43

Shaf,
This was tonight's after hours trades (or some of them), you'll see a lot are from yesterday so to try to track all the the buys and sells to determine how many creditor shares are left would be a mammoth task.
I think we will all be able to see when they have been rinsed by how the market reacts.
Good luck.

08-Apr-21 16:24:41 19.997 50,000 Buy* 9,999 O
07-Apr-21 09:31:50 20.40 316,688 Buy* 64.60k O
07-Apr-21 10:38:33 20.40 148,215 Buy* 30.24k O
07-Apr-21 11:42:49 20.3703 160,000 Buy* 32.59k O
07-Apr-21 10:11:27 20.388 200,000 Buy* 40.78k O
07-Apr-21 12:55:52 20.17 2,500,000 Buy* 504.25k O
07-Apr-21 09:56:49 20.35 151,011 Buy* 30.73k O
07-Apr-21 09:31:23 20.4356 150,000 Buy* 30.65k O
07-Apr-21 11:16:03 20.2958 172,098 Buy* 34.93k O
07-Apr-21 13:12:19 20.28753 111,920 Buy* 22.71k O
07-Apr-21 09:00:34 20.491 135,000 Buy* 27.66k O
07-Apr-21 09:12:36 20.485 200,000 Buy* 40.97k O
07-Apr-21 16:27:09 20.0357 160,000 Buy* 32.06k O
07-Apr-21 13:58:33 20.1596 187,506 Buy* 37.80k O
07-Apr-21 12:51:13 20.24 2,350,062 Buy* 475.65k O
07-Apr-21 14:26:28 20.06 150,000 Buy* 30.09k O
07-Apr-21 11:13:14 20.27013 246,727 Buy* 50.01k O
07-Apr-21 13:59:54 20.18 1,000,000 Buy* 201.80k O
07-Apr-21 15:15:14 20.25 756,007 Buy* 153.09k O
07-Apr-21 09:51:15 20.5023 133,420 Buy* 27.35k O
08-Apr-21 16:14:16 19.9863 50,000 Buy* 9,993 O
08-Apr-21 16:14:05 19.9863 50,000 Buy* 9,993 O
08-Apr-21 17:06:27 20.00 25,000 Buy* 5,000 O
06-Apr-21 16:01:23 21.025 2,500,000 Buy* 525.63k O
06-Apr-21 16:01:23 21.025 -2,500,000 Buy* -525.63k O
08-Apr-21 16:58:12 20.08 92,835 Buy* 18.64k O
08-Apr-21 16:57:47 20.00 100,211 Buy* 20.04k O
08-Apr-21 15:55:13 19.9471 50,000 Sell* 9,974 O
08-Apr-21 16:37:56 20.073 500,000 Buy* 100.37k O
08-Apr-21 16:35:26 20.00 1,156,046

[andypop1] 08/4/2021 20:20

Oh, and the creditors are not subjected to any lockups, check page six of the presentation.

[andypop1] 08/4/2021 20:18

Surf,
There is absolutely no way they could have acquired almost all of the previous share capital in one day, they crossed the threshold on the 1st.
My guess is they are part of the former owners of Chrysoar who are made up of global investors, sovereign wealth funds, pension funds and other asset managers.
Good luck.

[reb_ban] 08/4/2021 19:35

Ba_nned from STX because the masses can't see anything other than being sentimental towards the company - there's a distinct difference would you not say Dave?

...But dont despair just yet as it will soon become apparent and its not often the 'Champ' is wrong with his insightful decisions my dear friend!

...Hehe, a 'Troll Lonely Space, always a good idea to have some substance to your thoughts rather than...well I'm sure you get my drift there buddy!

[surfit] 08/4/2021 19:10

Hey AndyPop, hope all is well.
What are your thoughts regarding the RNS on Marshfield Advisers 4.7% acquired? I would have thought this amount of purchase would have raised the price a bit more than it has. My reasoning being that creditors are held regarding disposal for 3 and 6 months.
So why does Marshfield Advisers purchase now?
Rgds Sft

[shaf5] 08/4/2021 17:48

Thanks Andy.