Hurricane Energy Share Discussion Threads

[laserdisc] 28/6/2018 07:31

ship watchers add Grampian Sovereign to the watchlist

[scoobydoo99] 27/6/2018 21:13

Oil price - I believe the US government are trying to force OPECs hand to show that they no longer have the capacity to control the oil price - and it looks like it's working. The saudis tried to kill the US shale business by driving the price down, looks like power to influence the oil market could be shifting thanks largely to Venezuela and Saudi.

[zztop] 27/6/2018 19:34

BBCwe will need to follow this stuff crude prices have jumped nearly 3% as plunging US crude stockpiles compounded supply concerns due to uncertainty over Libyan exports, a production disruption in Canada, and US demands that importers stop buying Iranian crude from November.US crude stocks fell by nearly 10 million barrels last week, the most since September 2016, while petrol and distillate inventories rose less than expected, the Energy Information Administration said.Brent crude futures rose more than 2% to $77.90 per barrel, and US crude futures rose 2.9% to $72.59.

[laserdisc] 27/6/2018 19:26

telbap I thought we should be 48 see tomorrow

[telbap] 27/6/2018 19:13

I notice Brent has re surged back to 77.66 currently.....it looks like it is on rocket fuel currently heading baxk to 80usd....we should see us back to 49 and change.That bouy has to move soon!!

[telbap] 27/6/2018 19:10

Laser and HD....much the same type of conversation over on GGP. The offer was at bid price for most of the day....as soon as there was any upward momentum boom seller came in with small trades and down went the offer. Buying pressure continued all thru the day, someone reckoned on a 12% trade gap (how rhey calculated that I have no idea!) But for sure they did mot want the bid or offer over 1.98......we bounced between 1.89 and 1.96 pretty much all day.Harva, it has risen over 100% in the last 5 trading days!....

[laserdisc] 27/6/2018 18:11

I did notice a 2.5m on the bid @ 45p whether that is an actual order or just someone supporting don't know ,as you know hd been here since 2014 best I have held is circa 500k never held 1m like you , but still in for more if the price drops further, I did buy #25k value the other day,I doubt if we will see lower.i will be here for the longterm, I buy monthly and add on any serious dips, co is delivering what they have said , if mr market does not want to value it so so be it, I have made a wrong decision, happy to accept that.

edit also see this late trade
18:04:45
45.988
896,550
Buy*

[hiddendepths] 27/6/2018 17:32

Bloodhound - I worked in the City for many years. Since then many times I have heard this story about shorting by MMs to facilitate a large buy. I must confess I don't really buy it. It did happen on occasion in my experience but generally only when a sudden markdown was expected to provoke a wave of selling. Otherwise, there's not only a big buyer to find stock for but a short to cover as well. Once in a while the MM I worked with did short a little to prevent the price rising when a tranche of the order was dealt, but he was pretty quick to get off the offer if someone came for his stock. It's quite a few years since I was in the market and I guess it may have changed. If so, I would be grateful if someone could explain to me how it works!

[hiddendepths] 27/6/2018 17:32

double post

[wessexmario] 27/6/2018 16:29

laserdisc, Steve73,
main locations for Lancaster as follows:

60.2000 -3.8626 205/21a-6
60.1999 -3.8622 205/21a-7z
60.1799 -3.8699 Buoy / FPSO
60.1899 -3.8756 North Mooring
60.1774 -3.8499 East Mooring
60.1715 -3.8863 SW Mooring

If you use MarineTraffic, I suggest setting some markers on the 'custom areas' layer, that will make it much easier to make sense of the ship movements.
For an free registration you can only set 5 markers, but the two wells are so close to each other you only need one for them. HTH

[laserdisc] 27/6/2018 15:01

Nice post by tarkers over on the lse thread relating to AM . Thanks to him, keep the faith its a long and winding road

[bloodhound] 27/6/2018 14:39

Buyer - Shorting to keep price around 46p fill order then close short position share price leaps up to 50p+ .... Simples.

BH

[bocase] 27/6/2018 14:15

There goes that seller again! Every time it breaks 46p

[hiddendepths] 27/6/2018 13:34

There's a seller out there for sure. But not an aggressive one. The price falls to below 46 and they stop straight away.

[zztop] 27/6/2018 13:18

Looks like its left to us plebs to keep it goin for the summer monthsAs always we do our duty

[bloodhound] 27/6/2018 13:07

'begs the question'

I know Jacks, beggars belief....?

BH;-)

[pcok] 27/6/2018 12:14

Sell in May and go away,Don't come back till Legers Day

[hiddendepths] 27/6/2018 11:59

The rhyme is, I think:

Sell in May, go away
Come back on St Leger day

[bocase] 27/6/2018 11:45

BH:

Yes there is certainly some large order being worked. The price is too stable for it to be otherwise. You mean a large 'sell' order is being worked.

There are plenty of investors and funds sitting on a large profit at the moment thinking they might like to take it and get in lower. Who knows but I am confident that we will get a boost on the next piece of news. We always have .

[bloodhound] 27/6/2018 11:28

"I think it is typical of all shares. They rise (or fall) significantly on news and tend to drift in the absence of it."

Bocase - I agree with that statemement, however in our case (right now anyway) I think the 25/50k sells keep appearing whenever then share price is starting to nudge up, I'm wondering if there could be a large buy being worked on in the background at around the 46p level? Just my thoughts.

BH

[laserdisc] 27/6/2018 11:01

I have pm you link for the environment document I am using, have i any idea where we are up to , sorry don't want to speculate on that, that document shows envisaged vessels needed and stages of development very informative worth reading