Harbour Energy Share Discussion Threads

[steve73] 11/1/2018 09:17

I managed to get a few more in that dip... didn't manage to catch the bottom though.

[eastender boy] 11/1/2018 09:17

Just wondering if PMO are keeping the wytch Farm cash to buy the MOL 20% stake in Catcher? would make sense now...

[husbod] 11/1/2018 09:13

Whatever you might say about the trading update it certainly summarises what a transformative year 2017 was for the company.Just need poo to remain steamy and it should be onwards and upwards.

[mreasygoing] 11/1/2018 09:04

Those that sold Will be buying back, only higher.

[fitton] 11/1/2018 09:03

just to add, I would expect the idiots at Barclays Capital,Credit Suisse and Deutsche Bank to be upgrading there forcasts for the year unless they have already been sacked!

[gersemi] 11/1/2018 09:01

this is going blue

920k v 596k

[fitton] 11/1/2018 08:57

Crazy really,short term sellers are selling out of a company that has managed to reduce debt by $100m since November,have now increase guidence to 80-85k bopd and will, as production increases at Catcher probably increase guidence in the second half to 95-100k.All the uncertainty over the last 2 years has been removed as well as major financial commitments.Market cap of £500m is to low for a company that has done almost everything right in the last 2 years and has some world class assets that are now appreciating in value.

[cumnor] 11/1/2018 08:52

Very happy with TU and recent progress by the company. Debt will start to fall significantly soon. Lots were talking this down only a few weeks ago when it was 60P but this is what happens, as real investors buy in while PIs talk and don't buy. PMO was and is a serious mid cap oiler with big assets-Zama and Sea Lion share alone are worth way more than total mrkt cap and debt combined-and there will be a big rerate as it makes good inroads into debt, starting now with equity gaining. imo

[marvin9] 11/1/2018 08:39

ok ok I'm off sorry

[inki] 11/1/2018 08:38

Marvin9 - you said you are going to stop posting - Jan 9

[gersemi] 11/1/2018 08:37

930k v 730k

[gersemi] 11/1/2018 08:31

L2 looking positive

[carla1] 11/1/2018 08:31

Looking to go blue...ALL ABOARD

[seball] 11/1/2018 08:29

o/t Amerisur Resources AMER going rerate as undervalued and oversold. Good luck

[fitton] 11/1/2018 08:16

I would say the results are exactly what the city was expecting.The shares have risen from 70p to 98p.Short term panic sell off but I am expecting a rise to over £1 in the not too distant future.The company is now starting to repay debt so that should translate into a share price and market cap rise

[asa8] 11/1/2018 08:15

Durrant doesn’t want this up

[begorrah88] 11/1/2018 08:14

Mind you the share price did need a pull back as that straight line up was unnerving.

[begorrah88] 11/1/2018 08:11

The huge damage was the debt

If TD hasn't paid off the Wytch farm proceeds, and you can't really tell with his doublespeak, he ought to have explicitly highlighted that.

This big fall is completely down to that debt position and negative tone of future guidance on production.

Done deliberately to shake out some PI's to accommodate Hedgies etc?

[leoneobull] 11/1/2018 08:06

Ouch 92 91

[fitton] 11/1/2018 08:05

Stay long at this point.Classic short term sell off.

[frontdoor bull] 11/1/2018 08:04

Who is buying them ?

[american idiot] 11/1/2018 08:02

Sellers queuing up on L2.

Big boys as well.

Currently indicating an open around the 92p level.

[marvin9] 11/1/2018 07:59

What does puzzle me is why the mega increase in the share price?

Very weird when such historical predictable below par news is always announced?

Not all bad and would say around a 6 out of 10