Harbour Energy Share Discussion Threads

[volsung] 20/4/2017 10:00

If you like losing lots of money buy PMO. You can't go wrong!

[fez77] 20/4/2017 09:56

Cheers. I have taken a nibble now!

[puzzler2] 20/4/2017 09:54

Fez77 - re-financing will get sorted, oil price will rise as we head towards 2018 and PMO will re-rate in the light of this and as Catcher comes on stream later this year (all IMO) - if you believe the above, then buy and hold.

[fez77] 20/4/2017 09:33

Thanks begorrah - so for a potential new holder like me is this is a buying opportunity or is it best to steer clear?

[begorrah88] 20/4/2017 08:58

Todays dial has been set at 63p tops by the looks of things.

It is easy for the shorters - no defence coming from the company about the elephant in the room. The Bond Holders.

Update on the 11th will probably do the usual - things going well, financing being resolved but delays.

If the meeting is announced on the 11th that takes us to the end of May before the vote is taken.

MM's know all of this of course which is why they are happy to continue to allow the shorters to do what they want.

POO is just background noise but a handy tool for the MM's to trigger stop losses.

[deanroberthunt] 20/4/2017 08:32

some industry experts state that Oil could remain under $60/barrel for a decade

[steve73] 20/4/2017 04:50

PMO at Oil Capital conference 11th May.



So looks like there may be some news ahead of the 17th update...?

Not sure if these recent articles have already been posted............

[timothyjones2010] 19/4/2017 19:55

SP will probably have a tuff day tomorrow with POO down. If POO is up before and around 17th may - could be a good day. If it doesn't PMO could see a lot of loyal share holders giving up and dumping stock.

[frightened city] 19/4/2017 17:32

Elizabeth Brooks is Investor Relations, not quite the same as the Press Office.
But both a tough job when there is no positive news.
Best news would be if the chairman resigned, get somebody who knows the industry up there.

[begorrah88] 19/4/2017 17:00

It is the same every 2 weeks isn't it? forecasters suggest a slight build on crude, report comes in saying slight draw but they find some other bit of trivia to get extreme about and hammer POO down.

The patterns of the POO trading seem quite clear to me - gradual grind upwards with occasional hard slams down. All the sorts jump on board and exacerbate the sell off then the process starts again.

Not that I trust those figures anyway.

[berber1] 19/4/2017 16:46

How long has this. So been with the company. Thanks

[nav_mike] 19/4/2017 16:40

Durrant and the debt holders doing rather nicely out of PMO, its just the shareholders who arent

Got to the point its not worth checking the price daily, as there are too many vested interests.

[begorrah88] 19/4/2017 15:53

timothy

The Press Office will always portray a positive outlook and just avoid mentioning anything that isn't positive.

Logically everything OUGHT to be good but the shorters obviously don't think that is the case and I can understand why.

It looks like the dial has been set for the share price today at nothing more than 64p. It has been determined in immediately pulling it back down there whenever it has tried to rise.

[timothyjones2010] 19/4/2017 15:08

Beg the email I got from Elizabeth Brooks press office at PMO said 17th may trading statement, 17th may AGM, what she didn't clear up was the AGM the day for refinancing, it was a bit woolly but I suspect they are going to make everyone wait till the AGM and deliver an RNS that says refinancing all locked in, signed up and agreed. The trading statement will probably say all good production better than expected, costs stable and if oil stays in range of 52 upwards it's all good.

[begorrah88] 19/4/2017 12:06

Maybe the MM's got wind of a looming RNS before finding out it was yet another pay rise for the board or another share scheme for them.

Why will TD not tell the shareholders the reason for the delay - it is never a good outcome when things get delayed and the board go missing.

[begorrah88] 19/4/2017 11:36

Curious spike

Plenty of AT sells to take it back down - wonder what caused it and why the sells are so eager to sell into it?

[nav_mike] 19/4/2017 07:47

Another one of the shorters who seemingly came on board to assist the CBH, Systematica are steadily exiting their short. Just under 1m shares been reduced from their position.

They are being allowed to exit in a painless fashion, and yes I think TD is assisting them in that. Probably the price PMO have to pay for getting this long drawn out saga to a conclusion.

[paulbiya] 18/4/2017 21:42

I would laugh if Tony D is working behind scenes on big news, a large asset disposal, an eon style acquisition in UKCS and surprises us all

[timothyjones2010] 18/4/2017 17:25

May 17th trading update and AGM.Until then there won't be any news. Until then share price will remain flat. May start to nudge up slightly before then, I wouldn't hold your breath.

[begorrah88] 18/4/2017 13:25

Same old, same old here

SP walking down - no strength or support [same when POO is up]

No RNS stating whether or not the bond holders have agreed or are set against it.

Last RNS to reference that [9th March] said meeting to be called in 'coming weeks' - over 5 weeks now.

No wonder shorters have this as an easy target - they've got the CEO on their side.

[squiresquire] 18/4/2017 09:45

Fatboy stuffing more in his back pocket.