Hurricane Energy Share Discussion Threads

[shanklin] 16/1/2020 12:16

Do CRS just want HUR to buy their HUR shares?

[pinemartin9] 16/1/2020 12:02

Directors need to buy (if they can) and big!
Need some institutions to get involved and general change in sentiment towards O&G

[sji] 16/1/2020 11:56

Offshore Supply Ship Grampian Sovereign arriving to our Lancaster oilfield within a few hours - hxxps://www.marinetraffic.com/en/ais/home/shipid:200255/zoom:10

[zzxqry] 16/1/2020 11:55

you have heard of Evian

now we have Hurricane

[lovewinshatelosses] 16/1/2020 11:52

Still no news and the drop continues. Looks like I will get my next buy in price in the next few days, if not sooner. So be it, I am ready to continue to put my money where my mouth is. On the topic of buy backs mentioned earlier, I am not personally in favour of this option at this stage, but I do think that if AS put his hand in his pocket at these prices, that would have a more positive impact than buy back would. He may not be the only one, but nonetheless - and for example look how much the big boss at ENQ has pumped into his company from his own pocket (or trust) over the medium term - fair play to him and those who kept the faith over there during the many dark months they endured. I still prefer HUR as the debt pile is why I only ever traded ENQ and a few others in a similar position. Time will tell if this was another mistake by me, but its mine to make. GLA.

[zzxqry] 16/1/2020 11:47

too many PIs in this all saying the same

[tsmith2] 16/1/2020 11:37

Sounds like CA want sell but can't afford to drag price even lower..The fund has performed v poorly of late. good guys but slightly blinded on a couple support level around 24.5p

[fireplace22] 16/1/2020 11:30

bocase, by company specific I was not inferring technical problems but actions within the s'holder base whether that be due to possible corporate action or as you point out a change of sentiment by a major shareholder(s).

[arregius] 16/1/2020 11:27

Cristal Amber about HUR: Cash generation gives Hurricane optionality to explore, invest to increase production, or consider returns to shareholders. At the current share price, the Fund believes that a buyback of shares could be an attractive use of capital in the interest of the company.

[damac] 16/1/2020 11:27

Any sign of a tanker yet for our next anticipated offload?

[fireplace22] 16/1/2020 11:21

Fossil fuels at a guess would be a much larger sector than say tobacco for any II to reject and, due to its relative volatility much too profitable also.

[m5] 16/1/2020 11:17

Agreed, if that's the mandate they have set. As has been pointed out aswell, this fall is very HUR specific, so to say its because oil stocks are out of favour is plain wrong.

[bocase] 16/1/2020 11:16

Fireplace: As Taudelta1 pointed out, institutions have to report quarterly. Crystal Amber for example are in trouble with many of their other investments but with a book cost of 20p in HUR can save face by selling at a profit. I would bet that, or something similar is the reason for the persistent selling and nothing at all company specific.

[thegreatgeraldo] 16/1/2020 11:11

At the end of the year the institutions are judged against the mandate they've been set by their clients. If a pension fund (or its members) doesn't want to invest in, say, tobacco, that would be part of the mandate....

[fireplace22] 16/1/2020 11:10

What's happening here IMO (and for whatever reason) is HUR specific, many othe oilers doing well, PMO, ENQ, RRE..

[m5] 16/1/2020 11:07

The only reason they would do that is if there was more money to be made elsewhere, not for any other reason. At the end of the year the clients and the market will judge then on how well they have performed, not whether they were environmentally ethical in their investments. Lets not make the stockmarket out to be anything else than what is is. My opinion anyway.

[amaretto1] 16/1/2020 11:05

That's exactly what i think will happen to HUR .... almost certain.

[thegreatgeraldo] 16/1/2020 11:00

Perfectly feasible that large institutional clients might want to steeer their investments away from certain areas - gambling, tobacco, for example....

[0rient] 16/1/2020 11:00

'Our only real risk is the board accepting a low offer at point of maximum share price weakness. I say this only as I’ve seen it a dozen times'

Real risk..most of us would do cartwheels just to get our money back!!

[bocase] 16/1/2020 10:59

I am sure all we need is more patience. Easy to say but hard to practice.

I really think it is as simple as that. I remember having Arm Holdings. I bought around 50p and for a couple of years it went really nowhere and I lost patience and sold for a few pence profit. It was later bought out by soft bank for around £18 per share.

I mentioned Rockrose Energy yesterday. It was floated four years ago at 50p and 18 months later it was 44p. another 30 months on it is £22

[zzxqry] 16/1/2020 10:57

zzxqry15 Jan '20 - 12:59 - 7947 of 8007 Edit
0 1 0
ill say it again nutjobs




zzxqry14 Jan '20 - 16:59 - 7899 of 7946 Edit
0 0 0
This is a dead duck

[jim digriz] 16/1/2020 10:51

Our only real risk is the board accepting a low offer at point of maximum share price weakness. I say this only as I've seen it a dozen times...