Hurricane Energy Share Discussion Threads

[pro_s2009] 27/11/2018 07:25

Will be last chance saloon to buy shares for them, before an extended period of lots of news and therefore closed periods.

Wonder if more of the board will be buying shares over the coming days.

Also, if you know that some people are shorting the price down, it gives the perfect opportunity to buy in bulk at discount prices.

[prefab] 27/11/2018 07:22

I guess Alistair is still looking down the back of the couch ;-)

Nice to see the Chairman putting some skin in the game.

[gary38] 27/11/2018 07:19

Chairmans buy is a sign of HUR great investment opportunities to the wider investment communities and private investors.

[pro_s2009] 27/11/2018 07:15

Yes. 152K GBP director buy. Thats confidence.



.

[ltinvestor] 27/11/2018 07:07

Now that’s confidence...£150k

[lfdkmp] 27/11/2018 07:06

Well done Steve. 375,000. Not just a gesture.

[the guardian] 27/11/2018 06:40

Oil slightly down this morning so it will be interesting to see if our AT buyers come out again today.

[bocase] 26/11/2018 22:16

I hope you are right Chopsy. I think we could all live with that.

[chopsy] 26/11/2018 22:05

That's now, a lot more after 6 months eps.

[chopsy] 26/11/2018 22:04

We have 2.3bn barrels 2P & 2C. So at least $3 approx fair value per share, as we have about 2.6bn shares. ?Bid at £2-00 might be fair?

[prefab] 26/11/2018 18:09

I see Faroes board sees DNOs offer as significantly undervalued @ $3.20 per barrel of 2C and $6.80 of 2P.

[steelwatch] 26/11/2018 17:49

"Non Price Forming Trades" according to Flags on the LSE site and the 1,091,483 is also described as "Large in Scale Deferral"

[hiddendepths] 26/11/2018 17:31

francis - orders being worked through the day don't have to be booked until after the market close and you see a weighted average price. It's impossible to say whether they're buys or sells. I would guess that the volumes of buys and sells for the day were pretty much identical.

[francis55] 26/11/2018 17:22

2 million shares sold after 4.30pm. What's happening... ?

[the guardian] 26/11/2018 16:34

Not the biggest of rises but at least we ended up on trading of circa 10.5 million shares.

Big boys are buying and hopefully the shorters will soon decide that it's time to close.

A good day, even if we are only 2% up.

[anley] 26/11/2018 16:33

So hear is bullish noise.............

Long oil goes alongside long gold and long industrialized metals as Goldman's top 2019 trade ideas. The upcoming G-20 meeting (this week) might prove a catalyst, say Jeff Currie and team, as an OPEC production could will be on the agenda (an OPEC meeting follows the G-20 meeting).

The team at Morgan Stanley sees Brent crude prices with plenty of support in the high-$70s (vs. current $60), and further upside into 2019's second half. They also see OPEC as agreeing to a production cut next month.

It's in the interest of both the Saudis and Russians to either freeze or cut production, says Citigroup.

DNB says there's been an overwhelming amount of bearish supply news, but a tightening supply/demand balance going forward should lead to oil prices rebounding.

Source: Bloomberg

[pro_s2009] 26/11/2018 16:14

I purchased another 10K GBP shares today in total. Around 40p is a fine price imo.

[davidblack] 26/11/2018 15:52

It’s simply down to all those sellers who keep on coming through which was kicked off by CA’s rather inept selling in the 50s. But thankfully we seem to now have much heavier buying in the last few days

Well if they were early investors taking a bit off the table good luck to them. But less graciously if they are shorters “May they burn in hell” or at least pay 80p buying back, which ever is the more painful!

[kandymans1] 26/11/2018 15:27

Blue I suppose ,but not a great day in comparison to other oilers.Strange with Foil so close how so has reacted last few weeks.I know oil price crashed last few weeks but didn't see us back at 40p.Oh well let's hope all goes well with hook up .Atb K

[telbap] 26/11/2018 15:22

Plenty today, 9.5 mill so far

[telbap] 26/11/2018 15:20

Someone wanted to sell 93 shares, 15 times! What was that all about?

[the guardian] 26/11/2018 14:15

Step one in our rise has to be OPEC ignoring Trump and pulling back substantially on production.Get poo sorted and then FO should send us into the stratosphere. Not long to wait unless the weather lets us down.

[mrx001] 26/11/2018 13:36

Personally I think moving off AIM onto the FTSE would also help the share price, but I think there is no point in doing this until the size of the field is confirmed. Could all be good. :o)

[anley] 26/11/2018 12:48

HUR is the talk of the town as the oil/gas industry waits and watches for the first oil.

Big oil likes friendly take-over so there is no one around to start a bidding war and besides its those Hong Kong 50% holders who control HUR and not the small holders who write on the BB.

Hong Kong will watch and wait............

[the guardian] 26/11/2018 12:47

Fundamental revaluation.Two lovely words