Hurricane Energy Share Discussion Threads

[mirabeau] 14/12/2016 13:23

Bought 125000 (at 18p), still got 125000

I don't believe Hurricane will be around in 2 years time..

[gary38] 14/12/2016 13:18

Sorry to all posts here for being so negitive with a company working so hard and doing so well .

[bones] 14/12/2016 13:18

gary38, I also stand corrected with regard to Hudleston as he did sell 5M+ in early November :) That said, anything else he might sell will be notified as it would take him below 3%. 5M is only a decent day's volume so hardly significant in the great scheme of things.

If CA were to sell more, that also would be notifiable within a week as it would take them below 14%. But I stand by my comments that CA are good supporters of HUR.

I don't think volumes are especially high at the moment so it seems to be a case of some people selling for portfolio and other standard reasons. Many (like me) will have tripled or more their values in the last year. I had all my main ISA in HUR last year and accumulated heavily in the 20's and teens including a good lump at 12p after the announcement of the Kerogen investment (AFTER it can you believe, what a bargain).

However, once the price approached 40p, I needed to diversify my ISA holdings (for risk reasons) so I conclude that if a HUR bull like me has to take profits from some of my holdings to reduce overall portfolio risk, I am certain that many others have good reasons to sell in the 40's. Remember also that many people/punters originally bought at that level in 2014 so there will be many sellers happy to have got their money back regardless of the changing story.

To summarise, I don't believe any particular party is "holding down" the price knowingly. I think the market is waiting for the next good news catalyst to drive it forward. The company is now worth close to £500M so it has to be justified to grow larger.

[macrus] 14/12/2016 13:09

@laser / @chess

Said nothing new or would have RNS'ed it. Same slides different order to the corporate presentation. Download the OGA presentation and look at the Lancastrr / Halifax slide.

[laserdisc] 14/12/2016 12:57

It was at 10.30 so news will filter out

[chessman2] 14/12/2016 12:27

I suspect the sales are from investors who bought at a lower price and who are happy to take a profit rather than continue waiting for future drill successes.

I believe AS was giving a talk this morning. Anyone know what was said?

[bones] 14/12/2016 12:02

gary38, you have a fixation on CA and Hudleston yet there is no evidence Hudleston has sold any more since early in the year when the price was 12p or thereabouts. His joint holdings through Matopos and Taheh were still above 3% so I am sure it would show if he did dump. CA are strong supporters of HUR and their single disposal recently was almost certainly to manage their own over-exposure which is greater than 30% of their entire fund. They bought HUR heavily in the recent fund-raisings so are likely just managing their holdings for internal compliance reasons. After all, they still have over 23M warrants to exercise which would cost them another £4.7M to finance.

It is just wrong to label CA as "desperate" sellers. They pretty much were the only supporters when times were hard last year and should be congratulated. As should Hudleston given he was a seed investor without the likes of whom no HUR would exist!

[leeson31] 14/12/2016 11:42

nice bit of sudden volume there kick in..

aree too tiltedtrader...

[tiltedtrader] 14/12/2016 11:41

Crystal Amber will not be selling to get out completely, most likely just balancing the portfolio.

James Hudleston had a crazy amount of shares in this company, as a founding investor I doubt he will also want to get out 100% too.

There has been about a million shares traded so far. Nothing suggesting to me that either of the above are selling. Just shows that this price is what some people are happy to sell and others to buy!

[gary38] 14/12/2016 10:52

The most likely 2 big investors off loading shares are Crystal amber and Huddleston the good news is their shares are being brought up possibly by another big investor which if so we will soon get confirmation if that holding goes over 3%.

[laserdisc] 14/12/2016 10:47

Could be Ithaca from the 14th only a supply vessel/ we will have to wait and see

It's the Skandia sotra vessel in Aberdeen presently

[paleje] 14/12/2016 10:39

The Daily Telegraph (Questor share tips): BUY Telecom plus; BUY Hurricane Energy for speculative purpose; BUY Sky; BUY National Grid.

[the sage] 14/12/2016 10:13

Thanks for the welcome, gary. I can't believe that anyone would want to sell this, at this time. But, each to their own I guess.

[gary38] 14/12/2016 09:51

Over 200,000 shares sold by the desperate twins and price has not dropped that's amazing. Come on good news and let the desperate twins feel the pain .

[gary38] 14/12/2016 09:45

The desperate twins still off loading yet all their sells are being brought up and once done price will start rising on top of that we have drill results and data room opening.The desperate twins will be sick when price reaches over £1.50 and also not being involved with one off the best oil discoveries for a long time plus being involved with the Hurricane energy model which could be delivered all over the world.

[laserdisc] 14/12/2016 06:34

pounddreamer calm in Aberdeen this morning


Wave building on hur

[pounddreamer] 13/12/2016 22:12

Laser - look out for the tugs...........

[gary38] 13/12/2016 17:55

42.53p 250,000

[gary38] 13/12/2016 17:30

Welcome The Sage

[the sage] 13/12/2016 17:21

Hi guys. I joined the party over the last couple of weeks. There's some excellent posters on here. I'm well impressed. can't be long now till more news, so I intend to sit back and enjoy the show. GLA.

[leeson31] 13/12/2016 16:36

42p close in auction... gettin' there....