Harbour Energy Share Discussion Threads

[csmwssk12hu] 14/4/2021 10:13

I’ve decided to rejoin the party, it has bounced off resistance and held for 24 hours and now started to climb, slightly higher entry point than last time but can’t knock potential for a swift 50% bounce, all imho dyor

[crazi] 14/4/2021 07:36

Brent climbed nicely overnight. May give a little boost today...

[reb_ban] 14/4/2021 01:20

Any recent disclosures for the IIs selling Andy?

...Surely it would be disconcerting to the market of such perpetual selling which is significant, no?

...I'll say again, HBR is being purposely manipulated with such an unrelenting demise but it cannot continue and a 'Bounce' (whether its technical or otherwise) is imminent here, make no mistake...

[markymar] 13/4/2021 22:58

This will go on a while Andy but this does not effect Harbour in any way as its buisness as usal and this cow is milking lots also it's full of gas and more coming on line soon

[mxguy] 13/4/2021 22:40

Oh ffs, the old manipulation routine.Claimed studies in data science (which is meant to be impressive btw) yet we get asylum level commentary plus third person references to himself like champ.LMAO

[andypop1] 13/4/2021 21:44

Reb,
It is not manipulation, it's supply and demand.
Vulture creditors were given 80% of the free float as part of the rescue deal, they are now selling.
Good luck.

[reb_ban] 13/4/2021 13:38

It is being wholly manipulated Andy for whatever purpose, the same scenario reoccurring daily, a concerted morning drop followed by the inevitable rise...

Regardless of the creditor shares and I agree they would have protected their interests through arbitrage trading but nothing continues on such a sustained drop without some form of agenda, outside of AIM...

[andypop1] 13/4/2021 12:39

Reb,
There was never going to be any frantic movement with the shorts closing as the shorters were the creditors who have been given 3 billion plus shares.
Sometimes knowing a little bit about the company is better than knowing all about TA.
Good luck.

[csmwssk12hu] 13/4/2021 11:13

The problem now is to get this to move up takes twenty times as much money, oil is not popular with big investment funds so you need an awful lot of private investors for this to move, I stand by one day this will be above 30p again even if that’s when it gets into ftse 100, it’s support levels are 18.2 16.4 and 11, bounced off 18.2 this morning, I don’t think there are any easy picks at the moment out there, all you can do is ask yourself which do you think is going to do well over the next few years, I’m not in here at present but keeping an eye on it. Imho dyor

[markymar] 13/4/2021 10:38

The company have already suggested a share buy back

[0rient] 13/4/2021 08:43

Advfn are showing Harbour as having a 3.4b market cap..is this correct?

They must be thinking about a share consolidation at some point..get the share count down & share price away from penny share status!

[steve73] 13/4/2021 06:51

Average stock on loan for PMO during March was 17.44% or 15.7 MM shares.

I estimate that the 17.44% PMO would be equivalent to 0.97% of the HBR shares.

Now how many creditor shares are there looking to be disposed of (that are not subject to lock-ins)? More or less than the 15.7MM on loan..?

[reb_ban] 13/4/2021 06:17

Unlikely Andy, recently HBR hasn't seen the frantic price movement of a short closing...

[andypop1] 12/4/2021 23:09

Marky,
I find it fascinating and I like to learn even though I am definitely not 'learned'.

For what it's worth I think this will be a bagger when it finally hits its low. I've been banging on about the creditor shares for months, they have been and will continue to be a millstone around the neck of HBR, the creditors may hold off to let the share price get back to 20p or so but trading that could be suicidal.

When the sellers have cleared the true value will be realised but 3 billion shares will take a while to clear.

Good luck.
God bless me for I have sinned, I posted a nearly positive post!

Night all.

[markymar] 12/4/2021 22:53

Why would a humble builder waste 2 years of his humble live on this if no financial interest?

[andypop1] 12/4/2021 22:42

Marky,
I'm not knowledgeable, I'm just not blinkered.
I wondered how long it would be before the suggestion I work for a financial company would raise its ugly head again!
No stakeholder benefits from a lower price, the creditors have got their 8p shares to close out their shorts so want the price higher to maximise their returns on the excess shares. Existing PMO holders want the price higher to maximise their returns. That just leaves the largest shareholder group, the private equity invested in Chrysoar, they definitely want the price higher to maximise their returns given they've got some infrastructure to pay for in the Middle East.
The new creditors are traditional lenders who are only interested in the company's reserves so they wouldn't employ me!
Best you buy some more hay for that cow of yours, it could be a while until the creditor shares have cleared.

Reb,
In my opinion the trade was a paperwork exercise in connection with a short closing but that is just an opinion and not a fact.
Good luck.

[reb_ban] 12/4/2021 22:26

Hehe, not yet Andy but if this doesn't quite materialise as I anticipate, it may not be such a bad idea!

...However, unless the integrity of the company is to be questioned the knowledge should not be flawed but helpful to have a medium between fundamentals and technicals for those informed decisions buddy. Furthermore, trade flags for larger trades are incredibly crude to assume the 'Real' impact on the share price at the time but considering the sudden demise on Friday afternoon, I believe that the delayed reported trade from today may well have been privy to that...

By the way its good to be humble but I'm sure you're a 'Learned' builder too my dear friend!

[markymar] 12/4/2021 22:17

Very knowledgeable for been a humble builder Andy I would hate to think people think of you working for a certain financial company been a humble builder of course Thought I would add this but point out the downside before you derampOil prices will likely be stuck in the $65-$70 range this summer, Morgan Stanley says in a new note, tempering its previous forecast for $70 oil with temporary overshoots because of rising U.S. drilling activity and the potential return of Iranian exports.Enjoy you evening Andy

[andypop1] 12/4/2021 22:06

Crazi,
It was flagged as a TNCP trade (Transactions not contributing to the price discovery
process).
In layman's terms it is where a buyer and a seller agree on a price and the trade is dealt off market so it unlikely happened today.
Good luck.

[crazi] 12/4/2021 21:40

To me that's a premium buy after hours and not from Friday...

[andypop1] 12/4/2021 21:32

Reb banana,
I'm not 'learned', I'm just a humble builder.
Is it not better to know nothing about the technicalities of a listed company than it is to rely on that flawed knowledge to base your investment decisions on?
It really is worth checking the trade flags before assuming the late reported 15 million trade contributed to the recent share price collapse.
Good luck with your TA, have you considered asking Warwick for a refund champ?

[reb_ban] 12/4/2021 20:12

But could it be a delayed sell trade from last Friday Crazi being reported now which could explain the sudden demise on the late Friday afternoon but this concerted weakness cannot continue for much longer, everything with my own 'Imaginary' technical analysis is pointing towards a decent resurgence here hey MX, ohh i forget I'm filtered, hehe!

[crazi] 12/4/2021 19:20

15 Million buy over 20p after the close... someone wants in paying premium...

[reb_ban] 12/4/2021 17:38

It doesn't always follow crude and weakness seems to be exacerbated by the ii's dumping...But a continuous demise of over 30% in the last two weeks without any respite whatsoever, a decent bounce is imminent here folks just look at the buys today!