Harbour Energy Share Discussion Threads

[eentweedrie] 13/11/2018 13:44

bloody hell, wht appears to be a 400k buy just gone through

[husted] 13/11/2018 12:31

Oil recovering. Large buy just gone through. I think we'll close above a quid.

[adg] 13/11/2018 11:58

Agreed - I got 10,800 bp earlier this year for just under or over £5 from memory & am reinvesting dividend, now got over 11,200 and I think I'm due another 160 or so shares dividend anytime now. Happy days amongst the other gloom....

[deanroberthunt] 13/11/2018 11:28

It'll go up when the algo's stop selling it down

[steve73] 13/11/2018 11:10

NY boy - there's the bottom signal.. it usually goes up after he's posted something.

Will history repeat..?

[deanroberthunt] 13/11/2018 11:03

NY Boy has a point.

[lageraemia] 13/11/2018 10:39

Volume looks low?

[asa8] 13/11/2018 10:18

Update better be good on paying down debt or this will be punished big time

[deanroberthunt] 13/11/2018 10:15

no higher now than at the beginning of 2017!!!! ffs!!

[fitton] 13/11/2018 10:11

Share price has absolutely nothing to do with company fundamentals.The shorters have a free hand.Great money to be had for long term holders but you will need to hold your nerves.

[maximus57] 13/11/2018 10:08

As high as 19p!!!! I guess the shorters knew exactly what they were doing

[onedb1] 13/11/2018 10:07

Actually am wrong we are not negative year to date

[onedb1] 13/11/2018 10:01

Interesting that we are officially negative year to date . Now this can't actually be correct as on a fundamental basis the firm is in much better shape than in 2017 . As usual it's all about sentiment not facts . At $68 the firm clears $18 in net revenues from the un hedged barrels . Rare to see a firm being so bashed yet has much improved operations and fundamentals vs begging of the year . It's also like ZAMA never existed or due this month ..

[maximus57] 13/11/2018 09:55

Anyone got a guesstimate on how low she can go? Looking like a falling knife just now

[deanroberthunt] 13/11/2018 09:35

Update on Thursday needs to be epic...and even then that might not be enough...

[nav_mike] 13/11/2018 09:18

Sorry if my posts on short positions managed to irk some people.

I thought they were relevant given the haste at which AHL seem to be increasing. Yes weve had bigger overall shorts in the past, but we knew they were hedged against the CBs - this time its not clear

Anyway the link to the short tracker was posted yesterday so its there if you are interested

[jelenko] 13/11/2018 09:04

I think it's clear to everyone that Trump pulled one over on OPEC. By constantly saying that Iran exports would be ZERO he forced OPEC (Mainly Saudi)to increase production at the same time he knew that he would grant substantial waivers which would create an over supply situation. He wanted this to coincide with the mid term elections. He got it but I doubt it will be forgotten. Yellow hair man speaks with fork tongue kimo sabi!
Despite being invested in PMO, I doubt any of us really want $90+ oil. $75-$80 will get things done well enough in my view.

[fireplace22] 13/11/2018 08:44

How are the US frackers taking to Trumps intervention, at less than $60bbl for WTI they must be at best only breaking even and many get a big discount even to this low price.

[whiskeyinthejar] 13/11/2018 08:40

I agree with this- Opec aren't going to let Trump push them around.


Trump’s Tweet Makes OPEC Cuts Even More Likely:


Agreement was to make sure Iranian barrels lost due to sanctions were replaced. Opec don't want a spike, high prices destroy demand.

However, Saudi exports are already falling. It takes months for tankers to reach US from SA, but their oil on water is already falling:



This should soon feed through to inventories. Also cold weather coming and shale companies try to restrict storing oil in December for tax reasons.

[deanroberthunt] 13/11/2018 08:20

yes, but if we are now in a bear market, bad news is annihilated and good news ignored...and there aren't enough buyers to fend off the sellers, so the price drops over time