Harbour Energy Share Discussion Threads

[fangorn2] 05/10/2018 08:49

jelenko5 Oct '18 - 07:24 - 39621 of 39624
0 1 0
Are you an ignorant Yank ? Sounds like it.

British actually geezwoir.

Are you foreign then given your false assumption about my nationality?

What part of my post was incorrect or arrogant btw?

[deanroberthunt] 05/10/2018 08:41

if POO behaves, and I see no reason for it not to, then I don't think we'll have a 5 month consolidation like the previous....especially with expected newsflow to Xmas

[ggm5d] 05/10/2018 08:38

Oil price seems very overdone. Iranian oil will get bought just not for dollars! Iranian oil is not even that much. There is plenty of oil around and plenty more coming on-stream. This is all financial speculation and wouldn't be surprised to see a sell off.

[bgwesley] 05/10/2018 08:36

Courtesy of Plebleens on lse this morning 08:02

"Pump up the volume

Navion Oslo due at catcher 0500 tomorrow. 7 day turnaround again, which implies to me that we at rates of 70kbd or higher. No wobbles ;)"

[jelenko] 05/10/2018 07:24

Are you an ignorant Yank ? Sounds like it.

[cumnor] 04/10/2018 21:45

You've been wrong more than that-missed on your 115p-keep trying.

[ggm5d] 04/10/2018 21:41

Let's try for three wrongs in a row: Pull back to 127.

[onedb1] 04/10/2018 19:59

Also Brent will behave the same . Ie profit taking . But it's all noise as above $70 PMo is generating a lot of cash and operationally doing rather well . We are also due an update on ZAMA . And that is a monster . Currently priced at zero . We are above $80 . Remember BP chief said H2 would have $55- $60 as average ... we are smacking that .

[onedb1] 04/10/2018 19:52

Slower timeframes give the better picture for sure . People looking at the daily or hourly movements are mostly going to be cannon fodder for some algo or good Trader . Personally I stay long the trend and once we broke out of 130 and 135 I felt we were going to hit the upper trend line and we did . Now it's a bit of profit taking before move up to next levels . Am sure that is the share does not move up 10% a day in a straight line we get complainers

[cumnor] 04/10/2018 14:35

Excellance-some people are just asking and deserve to be mugged-never sure why they even buy shares.

[excellance] 04/10/2018 14:24

Beautiful text book performance by the mm today.

The mm analysts saw the opportunity and took the cheap stop loss shares priced at 139, and stole them legally.

Well done mm, can we go now?

[investordave] 04/10/2018 14:19

Thanks for that. I'm learning by the day to be more long term in nature. Most of my bigger successes with shares have been where I've adopted this approach.

[onedb1] 04/10/2018 14:00

I'll be sharing a major view later on social media but take a look at the US ETFs , XOP , XLE , both on the verge of a big move . I'll explain later with a lot of charts . To me this dip will provide a good entry . There is no fundamental reason to sell with oil so high and operations never better

[onedb1] 04/10/2018 13:57

Am enjoying it as all it is , is profit taking from the upper trend line resulting a cooling of rsi which is good . At Brent $86 we now have over $2m net profits a day assuming $50 breakeven , 40% hedged at $62 and assuming 85k production 60% at $85 and bingo . Fundamentals look smashing . So it's all technical in nature . Next leg up passes 150 and as I mentioned on the weekly chart 191 is resistance . Don't stress too much for 3/4p moves on a daily chartYou want to look at weekly and quarterlies for trend . And this is UP UP UP . Thought most call themselves investors so why look at the daily chart ? lol

[investordave] 04/10/2018 13:31

That's my experience as well. Nonetheless, there do appear to be a very large number of sales today.

[deanroberthunt] 04/10/2018 13:18

I find shares don't go up when you most expect them, and do when you least.....

[jelenko] 04/10/2018 13:09

Fargon2

I AM talking about the price of oil. Do you not think that Iran trades oil, for goodness sake even BP has a trading arm.
Do you not think that they can buy oil futures now "on the market", drive up the price. and then sell it. They would love to see $100 oil and Trump backing down, or suffering. They are many things but stupid they are not. Can't say the same for Mr Trump.
The reason the share price isn't moving is because 1.41 is an upper price trendline. It needs to consolidate here for a little while before moving.

Bye the way, I do not smoke or drink!!

[investordave] 04/10/2018 11:28

I've given up trying to understand daily movements in the PMO share price. Now just sitting tight comforted by the fact that the overall trend in the share price is up.

[whiskeyinthejar] 04/10/2018 10:59

Its the battle of the bots.

[walkerjameswalker] 04/10/2018 10:52

Why all the selling? Profit takers?

[adg] 04/10/2018 10:52

He means oil price not SP

[fangorn2] 04/10/2018 10:30

"I can see Iran doing something to really spike oil prices though and try to force Trump to reduce sanctions. I sense their hand in recent price action."

Can I have some of what you're clearly smoking!

"I sense their hand in recent price action2

Wut? Explain....

[jelenko] 04/10/2018 08:41

In my view this run up in oil prices will head towards $93 Then we need it to pull back and average around $85 through 2019. That would be perfect in my view. Once we get over $100 the whole world starts crying and it dominates politics to the extent that demand drops and governments react somehow.

an example of demand dropping can be seen every day at the pumps most people put a set amount of fuel in the tank each week, normally measured in money. £20,£30, etc. That doesn't change so the fuel used reduces.

I'm very happy at $85 to be fair, great for PMO and not a disaster from the demand perspective.

I can see Iran doing something to really spike oil prices though and try to force Trump to reduce sanctions. I sense their hand in recent price action.

[steve73] 04/10/2018 08:05

Recall that oil touched on $147/bbl in 2007 (OK, some may argue that it was speculation, but whatever, it got there).

Since there there's about 5x as much money floating around (due to QE & printing) as there was in 2007.

So we could potentially see around $740/bbl, and unless they do reign in the printing presses we almost certainly will see this at some point (unless WW3 knocks us back to the Stone Age before then).