Harbour Energy Share Discussion Threads

[marvin9] 12/2/2018 16:24

Not many are in profit at PMO, those boasting so are shorting mates of puppet Jabba or telling porky pies.

I have never in my life seen such blatant share price manipulation without comment from the FSA.

[jelenko] 12/2/2018 16:23

depends what price you paid surely.

[begorrah88] 12/2/2018 16:21

No getting away from it, PMO is a dog of an investment

[jelenko] 12/2/2018 11:42

We should not forget the 74p CB conversion price, that may prove to be as significant as the 104p was.

[begorrah88] 12/2/2018 11:05

I thought todays open looked a bit odd. Now I see

It was to allow someone to 'off' a load at a pre-determined 75pish mark

Now they are taking it back down again once the 'preferred client' has had their order serviced.

All through using the book to run the share price up and then switch the bots over

Stinks as ever but it is what PMO has become - just a zombie stock for hedge funds to play with

[mercer95] 12/2/2018 10:40

Lol you do brighten up my day marvin, you would make a top boxer, you just roll with the punches, fair play to you

[marvin9] 12/2/2018 10:13

Lol, you was probably told it was a surf board and paid mega; but you were probably sold a skate board; have fun lol.

Watch out for them sharks ;@) oink oink!

[mercer95] 12/2/2018 09:50

A big wave of buying on the horizon, this afternoon, I’ve got my surfboard ready IMO

[begorrah88] 12/2/2018 08:36

It really is as simple as the MM's allowing buys to hit the book while they swerve some of the sells past

management in a nutshell

[begorrah88] 12/2/2018 08:32

Just goes to highlight how corrupt this all is

POO roughly where it ended friday FTSE close yet PMO up 3.5% on little volume

I'll take it but does illustrate how the MM's dictate the sp

[marvin9] 12/2/2018 07:01

If interest rates were to rise over in the states; I wonder how that would affect companies invested in Shale who are in mega debt?

Oil up slightly

[marvin9] 10/2/2018 16:39

Well said asa, I was thinking more on the lines of Zippy.

At least you could zip his mouth shut and stop the POO coming out, unlike Puppet Jabba

[marvin9] 10/2/2018 13:11

Lol if your a trader, you must be the worst trader in history? How the hell do you survive losing mega on a daily basis lol.

You must have lost your pants on PMO

Common give us a ramping song, cheer us all up!

[marvin9] 10/2/2018 08:56

And increased their shorts just before results mmmmmmmmmmmm.

[steve73] 10/2/2018 08:26

deano,

TLW did a CB issue a year or so before their RI last year. Most of the CB's remain unconverted (CP is around 240 IIRC). TLW are still over 5% disclosed shorts, and 12% stock-on-loan.

I think PMO are in a much stronger position at this stage, although both are obviously still at risk of a significant drop in the oil price.

After PMO announced their refinancing in Dec '16 with the warrants, and the CB repricing in March, the share price dropped to close to the warrant price, allowing anyone who wanted to buy at or close to that price - IMO this was probably at a lower price than a RI would have been at. In addition, TD's buy at that stage, was a definite cue, although the Zama news caught me out before I could add as much as I'd wanted and I'm sure caught out others who were trying to add at those lows.

btw, I notice Polygon have increased their short position again.... wonder what it's being arb'd against?

[marvin9] 10/2/2018 08:05

RALF! I was thinking the same about you 2 luv birds.

I can see it now, bob a job Beano, Ralf and Jabba in a 3some. Now that would be a sight for very sore eyes.

[deanroberthunt] 10/2/2018 07:24

TLW did a rights issue in a oner....PMO have had a rights issue over a period of time and continuing, until it's over the share price will be depressed...

[lucicavi] 10/2/2018 06:36

Back to 50

[marvin9] 10/2/2018 05:59

For the last decade, energy companies have accumulated total shale expenditure of $280 billion more than the revenues they have generated from these operations.

There is also the issue of debt, which for many producers is still uncomfortably high: As of 2016, the debt-to-equity ratio of many large shale players was in three-digit territory.

Add to this the closing window of opportunity for efficiency improvements because of the natural way efficiency improvements accumulate up to a point where nothing more can be done better. This means costs cannot keep falling indefinitely—and likely not much further than they already have fallen.

If shareholders have already started to lose patience, chances are that we might see a gradual decline in the production growth rate in the shale patch.

[marvin9] 10/2/2018 05:52

Refineries tend to head into maintenance in February and March, retooling ahead of warmer months when demand usually rises. And as most major analysts have predicted (including the IEA, EIA and OPEC), the stock build was expected.

The inventory increase came not coincidentally in a week in which refinery inputs dropped significantly, falling from 17 million barrels per day (mb/d) for the week ending on January 19, to 16.67 mb/d for the week ending on January 26 (4-week averages). As refineries throttle back, the pull on crude oil from inventories declines.

But at least according to the most recent data, the trend isn’t overwhelmingly bearish. Standard Chartered noted that the increase in inventories was not even that large on a seasonal basis, and it was less than the five-year average (although the past five years have included several years of extraordinary stock increases, so the “average”; is somewhat misleading). While stocks increased on an absolute basis, they didn’t really increase against that five-year average.

Adding a bit more comfort to oil bulls was the “counter-seasonal draw in gasoline and another sharp draw at Cushing that took inventories below their five-year range,” Standard Chartered wrote in a note. Lower refining runs might mean a diminishing effect on crude demand, but it also means that refineries won’t be stashing so much gasoline into storage. The EIA said that gasoline stocks fell in the most recent week by 1.9 million barrels.