Harbour Energy Share Discussion Threads

[begorrah88] 18/1/2018 10:24

It may 'just' be the short term volatility that you'd expect before a turnaround but because it is PMO and we've seen it all before then faith in value prevailing is in short supplyPlus it looks very similar to previous PI shaftings

[investordave] 18/1/2018 10:22

They won't sadly. They never do.

[begorrah88] 18/1/2018 10:20

Now becoming a very ugly routDoesn't seem to be a floor yet

[american idiot] 18/1/2018 10:05

I just trade what I see BB.

Definately wouldn't be long here short-term knowing the 40%+ dilution here + combined with no newsflow over the short-term + the likelyhood of Brent pulling back very soon + the recent spike in the PMO shareprice.

Still love the companies longer-term potential though.

[bakedbean57] 18/1/2018 10:00

Take it you don't have a holding at the moment AI ;)

[american idiot] 18/1/2018 09:59

Brent also looking toppy. I see no upside here from current levels whatsoever over the next month or so.




Brent begins to show signs of weakness from $70.00
Brent has struggled to clear the $70.00 handle this week, with the price turning lower after Monday’s attempt to break to the upside.

The key level to watch here is $68.40, where an hourly close below that level would complete a head and shoulders formation, providing a bearish outlook for Brent. With that in mind, watch for a break above $70.00 (bullish), or below $68.40 (bearish) to provide a directional bias for this market.

[alfiex] 18/1/2018 09:59

Very similar goings on at TLW dont think us pi,s have a chance just plain gambling

[begorrah88] 18/1/2018 09:56

Sadly this is now gathering a relentless pace akin to when they walked it all the way down last year.

Frustrating

[american idiot] 18/1/2018 09:55

18 Jan Premier Oil PLC Peel Hunt Buy 91.58 - 115.00 Resumes

Personally I think its a sell before its a buy :-)

Such a large % of dilution is bound to see some selling after such a strong run up over the past few months.

78p is currently my target.(Previous resistance which should now be support...50 day MA is also around the 78p level !)

DYOR !

[american idiot] 18/1/2018 09:55

Double post. Apologies.

[investordave] 18/1/2018 09:39

Watching this degree of manipulation makes me wonder how it can be allowed. It's hardly a level playing field.

[begorrah88] 18/1/2018 09:37

91.5p is certainly not welcome on the bid

Consistent effort to remove it

[begorrah88] 18/1/2018 09:01

advfn monitor telling porkies again

Almost all the at trades are sells at the moment but showing in the wrong column

Looks like a bot set on 'hard push down' mode and only offset by the occasional buys that sneak through.

I dare say there is a target share price today that they will work to

[oilretire] 18/1/2018 09:00

No worries Steve.

One thing that stood out for me was just how good & robust the economics for Tolmount are (and the tie back potential for future).
Slides 18-20.
FID must be nailed on.

[bakedbean57] 18/1/2018 08:57

Track the trades that's what I say !

[steve73] 18/1/2018 08:51

Thanks oilretire... I'd missed that presentations and had based my estimate on just the text of the RNS.

Looking at the figures shown on that production profile, and assuming they'll be at plateau by the end of H1, I agree that my estimate was perhaps a little too high.

At say 12-15k average since first oil, it'll take 35-45 days, so probably during the first half of Feb.

Apologies to anyone who may have thought I was blatantly ramping!!!

[begorrah88] 18/1/2018 08:12

Be nice if that was 'the dip'

[begorrah88] 18/1/2018 08:08

Offer getting pressed down

[bakedbean57] 18/1/2018 08:02

Heh I'm back trade watching... 200,000 buys off SETs the sell straight through it! Book games are back people!

[oilretire] 18/1/2018 07:46

Hi Steve,

For your calcs & referring to page 16 of this presentation




You'll note there's a considerable period where the rate drops back to 10kbod. I reckon the 20kbod referred to in the TU was them still in the first 'hump', so they'll likely be back at 10kbod.

There is no scale on the x axis, but it's certainly not in 'days' for certain events. Perhaps we will get an RNS at the Varadero & Burgman FO's.