Share Name Share Symbol Market Type Share ISIN Share Description
Hurricane Energy LSE:HUR London Ordinary Share GB00B580MF54 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50p -1.64% 30.00p 30.00p 30.50p 31.00p 30.00p 30.50p 7,771,290 16:35:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -4.7 0.1 428.6 587.76

Hurricane Energy Share Discussion Threads

Showing 27001 to 27025 of 27025 messages
Chat Pages: 1081  1080  1079  1078  1077  1076  1075  1074  1073  1072  1071  1070  Older
DateSubjectAuthorDiscuss
27/7/2017
16:02
Yes its been said that CA have increased recently by about 10M shares. Regardless I think Kerogens stake will have changed sufficiently from the placing to warrant an RNS.
fireplace22
27/7/2017
15:42
Hi fireplace22, The 355,408,990 figure was taken from HUR's website AIM 26 disclosure : Kerogen Investments No. 18 Limited 355,408,990 28.94% Crystal Amber Fund Limited 148,714,088 12.11% Netherton Investments Limited 37,818,511 3.08% (which I see is where I got the - incorrect ? - 28.94% from......doh !) HUR's website fig. for Netherton, ties in with the 26/7 RNS; however, the CA 26/7 RNS shows 157,312,500......but their 8.03% DOES agree with the total shares now in issue. Now I'm really confused ! ATB
extrader
27/7/2017
15:31
they may have topped up from the market to keep their holding at just under 30%
wessexmario
27/7/2017
15:09
Last holding RNS for Kerogen I can find stated 29% at 294M Shares? But that was May last year. So somethings askew?
fireplace22
27/7/2017
15:08
Hi stepone and BH, Thanks for checking ! 24.8....% it is (was). So only a 2.5% drop in overall holding, it would seem. Still declarable, though, I would have thought. ATB
extrader
27/7/2017
15:01
24.8706794% - (But I don't have a Degree, so could be Miles/Km out!). BH;-)
bloodhound
27/7/2017
15:00
Hi fireplace22, I think you're right ! And if the convertibles WERE turned into equity (at HUR's discretion, IIRC ?), then unless Kerogen had a seriously disproportionate conv holding, they wouldn't be at risk of breaching the 'mandatory takeover' threshold, would they, because the denominator would rise as well.... Hmmm... ATB
extrader
27/7/2017
14:52
Extrader - Think your first calculation is out. Using your share numbers, I get 24.9%, not 28.94%. Your 'after' percentage, I agree with (if your share numbers are correct).
stepone68
27/7/2017
14:45
If they did take up the cons I can't see them being used in holding calculations that's pretty specfic to the % holding of ordinary equity I'd guess.
fireplace22
27/7/2017
13:52
Hi fireplace22, Thanks for this, I've done a check. AIUI , Kerogen had 305,408,990 of 1,227,988,123 shares ie 28.94% and added 85,309,258, giving them a new holding of 440,718,248 out of an increase in sharecap of 731,222,213 new ie 1,959,210,336, giving a new shareholding of approx. 22.49 % 'Approx' because my calculator can't cope with so many digits...;-<<br /> I'd be grateful if someone would confirm my numbers. Anyway, I've fired off a query to HUR, let's see what they say. Interesting.....! Did Kerogen take up/ are they including any convertibles (in their own 'threshold management' calculations)? ATB
extrader
27/7/2017
13:16
They had close on 30% beforehand and they only took about 12% of the placing shares so their % share has dropped considerably. I reckon they have 23% now.
fireplace22
27/7/2017
13:00
Hi fireplace 22, If they increased their shareholding by an amount that didn't change their %age shareholding in the enlarged capital by a whole percent , they wouldn't have crossed a threshold, would be my guess. If you have the numbers, it should be possible to check if this is the case. ATB
extrader
27/7/2017
12:42
We know Kerogen at least increased their holding (share number wise) so why nothing from them?
fireplace22
27/7/2017
12:30
Hi all, Faintly surprised we've only seen 2 'holdings' RNS's to date, a new holding (Pelham - 6% or so) and Crystal Amber (post-dilution threshold crossing). Aren't all 3%+ holdings supposed to be declared promptly ? From the FCA Handbook : ... A person must notify the issuer of the percentage of its voting rights he holds as shareholder or holds or is deemed to hold through his direct or indirect holding of financial instruments falling within DTR 5.3.1R (1) (or a combination of such holdings) if the percentage of those voting rights: (1) reaches, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% (or in the case of a non-UK issuer on the basis of thresholds at 5%, 10%, 15%, 20%, 25%, 30%, 50% and 75%) as a result of an acquisition or disposal of shares or financial instruments falling within DTR 5.3.1 R ; or.... with requirement for prompt notification (5.8.3) ... The notification to the issuer shall be effected as soon as possible, but not later than four trading days in the case of a non-UK issuer and two trading days in all other cases , after the date on which the relevant person: (1) learns of the acquisition or disposal or of the possibility of exercising voting rights, or on which, having regard to the circumstances, should have learned of it, regardless of the date on which the acquisition, disposal or possibility of exercising voting rights takes effect; or... New shares were admitted on Monday 24th; new shareholders will have been aware of their holdings at that time; HUR is a UK issuer. Are all new holdings (bar Pelham's) sub 3 % ? As Private Eye might say : I think we should be told ! ATB
extrader
27/7/2017
12:12
Yes but there are sufficient people now on decent company pensions that we can look at reducing the overall state pension spend. The method I described (Thatchers) could be implemented now - triple lock goes! Vote loser obviously though. I don't disagree with removal of the triple lock - another blatant bribery attempt by Cameron. But I doubt you are correct about the state, or extent, of company pensions. I would think that the trend has firmly reversed since Thatchers time. There are very few final salary pensions left - many employers used the closure of final salary pensions as an excuse to reduce their regular contributions to employee's pensions. There are an increasing number if people on zero hours contracts, in the gig economy or whatever who mostly have very poor private pension provision (none in most cases). BH is right that the system now coming in, finally, will help - but not for years. We seem to have got a little OT for Hurricane! But perhaps that just reflects the fact that there is little near term news flow expected. Peter
greyingsurfer
27/7/2017
11:42
Hurricane is officially dull for the moment which is actually good. A bit of boring to mark the passing of prefunded to funded probably means we will now slowly grind higher as institutions but and thirl seekers leave. Mind you there will be slot of stock to recycle between now and say 36p especially if the company just stays quiet. So it will be a grind.
davidblack
27/7/2017
11:27
We have have about 18 months of negotiations to get through why do we keep deriding the fact that we haven't a solution yet - Why don't we the let them get on with the job without this endless diatribe against them. No one is sat on the fence hopefully they are negotiating for the most favourable agreement.
fireplace22
27/7/2017
11:16
May and Corbyn the same, both sat on the fence in the Brexit debate and now riding the wave, as a business operator I cant help but think we are launching ourselves off a cliff, moving as much as I can to Europe!
richardmojo001
27/7/2017
11:12
new nuclear is toooo expensive 90GBP per MWH!!! Offshore wind is far cheaper, cleaner and planning time 15 years less, intermittency main issue but getting better with energy storage
richardmojo001
27/7/2017
11:09
Tesla powerwall is excellent, combined with solar panels and nissan leaf electric car, great combination and payback very good especially if charging overnight on economy seven tariff,
richardmojo001
27/7/2017
11:08
It's not just increased life expectancy - there's also an increase in obesity in all age groups, and an increased sense of entitlement.
stepone68
27/7/2017
11:07
Yes but there are sufficient people now on decent company pensions that we can look at reducing the overall state pension spend. The method I described (Thatchers) could be implemented now - triple lock goes! Vote loser obviously though. Student loans - We have got to decide what the state can afford to pay for - because we obviously cant afford everything we have now and fund properly. Do we want to pay for 18+ education or not? Do we want to pay for care of the elderly - or should all their/our savings be used first. And the NHS - that can't possibly go on covering the ever expanding range of services it provides.
fireplace22
27/7/2017
11:07
Hi all, Singapore has compulsory saving of 20% or so of salary, to go into a pension fund that you can only early access in certain defined circumstances, one of which is house (or, rather, flat) purchase. So , over time, most people end up owning their own home....and have an uncorrelated (ie not property, more likely stocks and shares) pension. This doesn't help the unsalaried, of course. Singapore was also concerned at the risk of being bracketed as a low-tech, low wage economy, competing with the likes of PRC, VietNam, Bangladesh etc, so announced (and kept to) a multi - year plan for minimum wage increases. Businesses could factor this into their investment decisions, whilst the Govt. (crucially) recognised it had to raise the 'value' of its work-force with an outcome-based education policy, to justify the upcoming wage increases.... Of course, S'pore is also a (relatively) benevolent dictatorship, with lots of unsubtle gerry-mandering and browbeating of political opposition, to keep the ruling PP in power.....but it's a showcase for what enlightened social engineering can achieve. ATB
extrader
27/7/2017
10:56
The pension solution is already here it's called NEST pensions where people have to pay a total of 8% into their pension. It was the one good idea from Brown's time. The problem with it is that it only started a year ago and currently what is paid in is much less than the 8%, but will get there in two years time. The huge issue though is it will take 30 years for the now young to build up their pension funds, ideally should be ring fenced for investment in the UK only. So until those pension pots are a respectable size we have a forty year problem caused by our generation not saving very much and looking to dump the liability on our children. This is the real dishonesty at the heart of western economies, simply generational theft by the old against the young. Oh and that toe rag Blair compounded the dishonesty by inventing Student loans which really just a second tax on young people that we expected to screw into paying our pensions. That's why the young feel so angry and went out to vote for "Something differ."
davidblack
27/7/2017
10:33
Thatcher had an idea with the state pension. She reckoned that with the massive growth in company pension provision the state pension should me minimised by not following the inflation rate upwards each year. In this way those without or with small company pensions would be compensated by a social security benefit. No doubt over a couple of decades the universal pension would no longer exist.
fireplace22
Chat Pages: 1081  1080  1079  1078  1077  1076  1075  1074  1073  1072  1071  1070  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:40 V: D:20170727 16:39:15