Harbour Energy Share Discussion Threads

[marvin9] 23/2/2017 17:10

Cap is nearly 200 million below enq now. It's just embarrassing

[marvin9] 23/2/2017 17:07

NICKED:

I called PMO yesterday, part of conversation was to ask if they are on track with the lock up agreements to be in place by end of Feb as per their 3rd Feb RNS. below

IMPLEMENTATION OF THE PROPOSED REFINANCING
PREMIER PLANS TO ENTER INTO LOCK UP AGREEMENTS IN RELATION TO THE LONG FORM TERM SHEET WITH PRIVATE LENDERS BY THE END OF FEBRUARY. REVISED REFINANCING AND IMPLEMENTATION DOCUMENTS WILL NOW BE FINALISED WITH COMPLETION FOR THE REFINANCING ANTICIPATED BY THE END OF MAY 2017.

They said it was progressing to lock up, I said yes but you said plan to be by end of February and with it only being a week away, you must know if you think it is still on track for end of February. i.e. what % would you say it will be done, as you must know who have come back and if you think it is still on plan for end of February. She said she could not say. All she could say again is they are progressing to lock up agreement.

Read into that what you may, but not sure end of February will happen, but glad to be proved wrong. Thought if it did happen would be a nice positive on an RNS to show it is all progressing well and the dates they mention are getting more realistic. We shall see.

Looking for a more positive end to week with PMO share price

[marvin9] 23/2/2017 17:00

Some kind soul needs to buy out this sick dog on the cheap and put it out of its misery

[marvin9] 23/2/2017 17:00

Big Issue! Big Issue! Anyone?

[deanroberthunt] 23/2/2017 16:57

not only were peeps selling huge into closing auction it finished on the day low and now brent is retreating....triple wammy

[marvin9] 23/2/2017 16:40

Not me Beano, ive had my fingers, toes and nuts burned with this one.

Looks like back to selling the big issue for me

[oilandgas1] 23/2/2017 16:38

Tony durrant failed in his role as CEO driving premier down a route of Capex investment in solan which has been an expensive disaster and has not recovered it ! The company almost went under!

PMO is stuck with 2.8bn debt and a poor refinance deal for shareholders which is not even signed 12 months on ( until may17). He tried to fudge the comms on it in jan17 and opened the share price to shorters!

The AGm is on 17may17 is it time for Tony and his board to go and fresh management to come on board ?

[nav_mike] 23/2/2017 16:35

I really havent seen anything like this before...the shorting is getting more aggressive each day

250k @ 70.75
317k @ 71

Both sell orders dumped into the closing auction

[deanroberthunt] 23/2/2017 16:26

If they drop Oil overnight it'll be into the 60's

[marvin9] 23/2/2017 15:24

The thing that is killing the PMO share price is the delay in the finance deal.

Is this normal for a company to delay it for so long?

[steve73] 23/2/2017 15:06

I've got my buy order in for 70p...

[awise355] 23/2/2017 14:27

Strong downward pressure here despite the oil price boom :/

[investordave] 23/2/2017 14:22

Why would the shorters stop now? They seem to be able to do what they want with the share price whenever they want. The share price will only rise when the shorters find another target and I suspect that's someway off. Easy money for them here.

[begorrah88] 23/2/2017 14:17

POO having no impact at all here. Extraordinary how the share price can be so oblivious to the oil price.

$1.5 up from yesterday yet PMO down 1.5p

I hope I'm wrong but I don't think the shorters are anywhere near finished and I anticipate the usual sell off into the close.

[anony mous] 23/2/2017 14:09

How's level 2 looking?Looks like trades are levelling off.

[wantmorethan24p] 23/2/2017 14:01

brent crude on fire now.

57.15

[investordave] 23/2/2017 13:52

The shorters often have to sell only two or three lots of shares to depress the share price Incredible.

[marvin9] 23/2/2017 13:46

It seems the lender is welching on the Fat Tony deal and the pre-deal is void, hence the share price crash.

The lenders have manipulated the share price down to these levels to get a cheaper, better deal out of Fat Tony at the expense of us share holders.

Its all over the news?

[patience a virtue] 23/2/2017 13:46

24p, nothing is wrong, this is the stock market. Value will always win out in the longer term though.

[investordave] 23/2/2017 13:44

Two words - Shorting scumbags.