Hurricane Energy Share Discussion Threads

[kirtonender9] 20/3/2017 11:58

GaryOverall not too bad in shares because I traded them although current holding is not very good. Spreadbets are a different matter though. I feel that with the share consolidation the shares will just drift down. If I didn't hold either GKP or HUR I know which one I would go for purely on the chart!

[gary38] 20/3/2017 11:38

What % r u down on Gkp.

[kirtonender9] 20/3/2017 11:32

I still have some GKP showing a big loss. Should I cut those and add to my HUR holding?

[rayrac] 20/3/2017 09:54

Perhaps we are?

[rayrac] 20/3/2017 09:42

Daily chart might look positive. But why is the share not positive? The share price has done nothing for some time, are we all scared of something not so positive!..Since mid Jan in fact!

[laserdisc] 20/3/2017 09:40

once again I topped up earlier this morning very happy to have opportunity to hold this stock, stril polar just arrived at the rig

[pauliewonder] 20/3/2017 09:40

What I would give for a 4-bagger!!

[davidblack] 20/3/2017 09:39

The fact that "We" expect news each trading day of late and don't get it is having an interesting effect on the trading.

There appears to be a steady stream of sellers who are either tired or fearful of bad news who are selling and taking the price back slightly during the day.

But there is also a quiet process of accumulation of those sold shares which is being recycled towards new and my guess is institutional holders.

This long wait may well be doing us a big favour by clearing out the loose selllersand discouraging the T20 guys from playing here?

We will see "Tomorrow?" Or maybe not!

[pauliewonder] 20/3/2017 09:39

Just topped up 52.3p. Thats it for me. Now some nice news please.

[gary38] 20/3/2017 09:32

Daily chart looking very positive as support is holding on price, 1 month and 3 month averages as of Friday giving a potential great spring board when news is released which can be any moment.

[extrader] 20/3/2017 09:08

Hi fatnacker,

I bought 100K ASC @ av. 4.9p and (a) topsliced regularly, then (b) let the tax tail wag the investment dog (end of taper relief), what "might " have been £ 7 million at the peak was considerably less than that...;-<<br />
With the right share (or a property in London), who needs the National Lottery, eh ?

ATB

[fatnacker] 20/3/2017 08:16

I bought 30k ASOS at just over 3p and sold soon after for 12p, nice 4 bagger, Doh!

[jimarilo] 20/3/2017 08:15

Could be worse, you could be holding Tullow ;-(

[telbap] 20/3/2017 08:10

Similar stories exist re asos. 5p to 7000p in 3 years, and still they barely break even every year, growth, growth, growth.....I give up trying to reason the valuation on that company, who once again are steaming through the 50's.....pounds that is..Back to reality, looks like they will take it to the wire, so next Thursday is the last day in there original schedule, unless they come back for more time?

[buffythebuffoon] 20/3/2017 08:08

That story was discussed years ago when it first came out. I may be wrong, but I seem to remember it was Tournesol who pointed out the rather dubious figures at the time.

I don't think for one second the story was made up; I just think it was embellished somewhat.

Buffy

[telbap] 20/3/2017 07:19

No rns today ladies and gents.

[wessexmario] 19/3/2017 23:39

If you look back at how Hurricane obtained the Halifax licence, I believe Dr T followed the seismic from Lancaster, which is why he asked for the out-of-round licence.
He knew that Halifax was contiguous with Lancaster before he even had the licence, otherwise he wouldn't have asked for it, he would have just got on with drilling the other prospects that he had at the time. They weren't [and still aren't] short of drilling targets.

[chessman2] 19/3/2017 22:37

Like one or two others here I was a holder in Dragon and managed to buy at 23p in 2003.

At the end I held half my original holding and the profits have offset my losses in GKP and a few others. I found Encore at 8p and believe HUR is another in the same class, if not bigger. Unfortunately my first buys were at 40p but my average is now at 22p so not too bad.

I expect good news this week. Halifax is a big field but I'm unsure if Dr T can yet say, with certainty, it is joined with Lancaster.

[zztop] 19/3/2017 21:01

I remember years ago, every man and his dog had dragon oil shares, most of them felt they had been stitched up...scammed..luckily in the end after years and years it actually paid off..I think the same institution must have been on the phone selling them to anyone who would take the bait..?

[extrader] 19/3/2017 19:24

Hi tournesol,

I stand corrected on the multiple !

I imagine that, like the journalist, I just saw starting capital (of £185K , per Cross) and closing Mcap of 1,000 x that and ignored consolidation and/or rights etc along the way.

Taking your lower 'best case' 113 x , from its low of +/- 10p, HUR would have to go over £11-50 to better Cross's achievement. CA is supposed to have estimated £ 17 if all HUR's stars are aligned, so who knows ?

How would Dana's claimed metrics of 50,000 bopd and 300mmbbl be valued in today's market ?

ATB

[laserdisc] 19/3/2017 18:57

Hazydaisy no it was orig posted Friday on lse. Re the Ah vessels one is in dock Montrose and other Aberdeen Trinity quay the last time I looked. All that has transpired over week -end is spd have Stril Polar psv still on charter up to 31/3 that vessel left Aberdeen this morning will arrive rig mid day tomorrow, we presently have 2 supply vessels in operation SKANDI CALEDONIA &the Stril Polar, rns suppose could arrive any time may be good news if none tomorrow as weather just fine so could they be going to do dst early in week, I don't know only can guess, once the ahv sail one would think drilling complete, over on lse they also mention seabed survey sometimes these surveys are shared to reduce costs, it would be a specialist survey vessel which last time came over from Norway , I note bp are doing surveys nearby in coming weeks .

[hazydaisy] 19/3/2017 18:33

laserdisc ...is this new ?




Thanks Laserdisc