Harbour Energy Share Discussion Threads

[begorrah88] 28/4/2017 13:39

That was using livecharts

hxxp://www.livecharts.co.uk/MarketCharts/brent.php

If you click on the '30' for the 30 minutes tab it shows yesterday as $50.50 but the chart won't pull any lower.

[ua36] 28/4/2017 13:32

Which Brent is that Beggorah? Not this one hxxps://www.investing.com/commodities/brent-oil which is at the same price as you say it is now but was at a low of $51.1 yesterday.

I remember a while back (when I were a lad), $1 on oil used to transfer to around 2p on Premier.

[begorrah88] 28/4/2017 13:24

Yesterdays low on Brent was $50.36

Currently $52.35

The irritating part [or one of them!] is that when POO has a wobble it is used as a reason to put through a raft of AT sells.

When POO rises there is no correlation.

I think POO would need to rise to over $60 and stay that way for at least 2 years before PMO share price rose over a penny ;-) At least that time frame might come close to TD getting the financing finished although even then I think he'd probably ask for an extension.

[timothyjones2010] 28/4/2017 13:24

I'm starting to think Marvin is right here, share price just doesn't make sense at all.

[ua36] 28/4/2017 13:03

I understand the sentiment but isn't oil up about $1 off the recent low yesterday? Given the price is still within a few % Premier's cashflow positive figure I'm not totally surprised that the price isn't shooting up.

If it creeps up to $53+ then some confidence might return (who am I kidding?!).

[begorrah88] 28/4/2017 12:48

61p is todays' lid quite evidently.

A £2 rise in POO has manifested itself as a .25p rise in PMO SP!

Something very odd going on here.

[glenkaz] 28/4/2017 08:41

I will I will make money here!! Though I doubt it! Lol!

[glenkaz] 28/4/2017 08:27

What a croc of 💩 ! Can't this share hold on to a poxy 2% rise🤔 Fooooking no!

[begorrah88] 28/4/2017 08:27

Dear me!

now back to 60.25p bid

Ah well, POO has no bearing, RNS had no bearing

Now all we can do is wait for the 'sorts' to finish shafting the shareholders and agreeing the cuts they are all taking before they decide to enrich themselves further by moving it up.

Just hope now rather than any rational thinking

What a sad indictment of the way a share can be managed

[begorrah88] 28/4/2017 08:02

so, $1.5 rise in POO since we closed yesterday and the impact on PMO?

Jack!

Beggars belief

[bigsi2] 28/4/2017 07:06

From oil glut to shortage in a couple of years seems likely http://oilprice.com/Energy/Oil-Prices/IEA-Sees-Much-Tighter-Oil-Market-As-New-Discoveries-Crash.html

[master rsi] 27/4/2017 23:49

Brent OIL price has recovered $1.44 since London close $50.60 to now $52.04

[puzzler2] 27/4/2017 20:13

Feeling very frustrated that PMO hasn't moved forward post the earlier CBH news, albeit the falling POO. In normal circumstances, I'd be inclined to sell and take my 10% loss, but I can't help feeling that the forward newsflow and likely reversal in the diection of the oil price should be a catalyst for a change in PMO's fortunes. Continuing to hold due to stubornness.

[glenkaz] 27/4/2017 17:36

Manged to AV down to 62.75 really thought thic b/tch would have hit 70p by now! Is there a big trader in the midst here🤔 Some guy on Lse dosent seem right with his huge holding!

[begorrah88] 27/4/2017 17:22

A Holdings RNS showing Deutsche reducing by a million or so shares.

At least someone has owned up to some of the selling

[bigsi2] 27/4/2017 15:51

Glenkaz- there is a saying.. buy on rumour sell on news

[begorrah88] 27/4/2017 15:20

Leo

We've seen too many times that POO rising has very little, if any, impact on PMO share price

This is all programme driven, helped by a falling POO, but somebody somewhere is fielding a lot of buying with stock - been going on for months yet we hear nothing about reduced holdings and 5%+ shorts are reducing so that tells us it isn't them.

Something very, very odd happening here.

My guess is they know of something we don't yet.

[begorrah88] 27/4/2017 15:17

The share price is farcical today

Takes about half a million buys to move it up .25p but one sell of 4000 shares takes it back down.

How come none of the buying goes onto the book at .25p above the bid? as they will get their trade as we can see every time it tries to rise.

For some reason the buyers are not going on to the bid. Blatant manipulation in my book but nobody seems to care, not the regulator or the company - you'd think someone would be asking a question but everyone seems to be turning a blind eye.

[leoneobull] 27/4/2017 15:12

Dear all Poo down 2%https://m.investing.com/commodities/brent-oilMay 11th 19th and 26th are significant dates. Capital markets, quarterly trading update and opec extension by 6 months then end may to mid June refinancing finalisation. Good things will I hope come for the patient

[begorrah88] 27/4/2017 14:08

That's not just you glenkaz - it is most PMO investors most of the time.

It would hurt less if it was logical to see why either by knowing about a problem or seeing lots of selling but neither is evident just walked down day after day

[deanroberthunt] 27/4/2017 13:42

maybe you should all go with some eggs and flour !