Harbour Energy Share Discussion Threads

[deanroberthunt] 16/11/2018 07:58

will be soon 17bopd, no debt

[eentweedrie] 16/11/2018 07:57

HUR isn't even producing anything yet though?

[deanroberthunt] 16/11/2018 07:41

lower now than at the start of 2017!!! 2 yrs and zero gain

[deanroberthunt] 16/11/2018 07:20

there's something rotten at the core of PMO...in the same period TLW has fallen 23%, due to the POO crash...PMO has fallen 42%.

[deanroberthunt] 16/11/2018 07:10

it's more concerning that now, after a long time being the reverse, on an EV/EBITDA ratio, ENQ is cheaper than PMO...and by some margin.

[deanroberthunt] 16/11/2018 07:09

With only Tolmount adding to production to offset the declines in the next 5-6 years, due to the focus being on paying down the debt (i.e. no money to spend on other projects)....then this will only just offset the natural declines in current assets.

on that basis, hopefully on a Santa Rally, or next bounce, I'm going to start reducing and transfer to debt free companies, with cash....like AMER, HUR et al

[montevid] 15/11/2018 23:58

Here is he link in case you did not see it above:

[...]

[montevid] 15/11/2018 23:55

In response to my earlier post "Husted" said PMO was a SETS stock.

ACTUALLY, I believe all the companies down the rankings from FTSE 100 are in fact SETSmm stocks which is a hybrid of SETS and market makers. Article link below explains.

So the price manipulation can only be caused where both sides of a transaction have humans involved, and the SETSmm hybrid systems does exactly that.

use h t t p:// infront :

www.proactiveinvestors.co.uk/companies/news/81/idiots-guide-to-the-london-stock-exchanges-setsmm-0379.html

[lonrho] 15/11/2018 23:22

Bonds are about a quid.

[dealer1972] 15/11/2018 22:12

can't see what the bonds are doing at the mo, anyone see how theyve been holding up vs the equity?

[onedb1] 15/11/2018 21:51

A lot of exaggerations on here tonight . No offence intended . Look at demand for products so take Distillates inventories as a proxy. It's been drawing since week 2 in Sept. tells me demand for oil is good hence why we didn't see an oil collapse as some suggested despite the crude build. As for PMO yes we hit a rising trend line with RSI in the low 20s which is crazy . I bought exactly there . Imagine the reverse high RSI hitting major trendline ? You'd sell . I feel that fundamentals are no way near as bad as some make out . I do however feel that given Premiers market size and beta a few funds use it to probably fit in a hedging strategy and as a play on oil . Rumour in the market has that some big macro fund may have had to liquidate its oil long hence the big 7% 2 days ago . Many where playing Natgas vs Crude and in both we saw quite a swing ( in opposite directions) . I doubt this crude fall will continue and doubt Premier or the rest in the sector will fall much too . If we are not at the bottom we are sure very close to the bottom . I think we touched bottom but hey it's just my view . DYOR as always . Equally doubt Natgas will fly much higher

[dealer1972] 15/11/2018 21:18

All kidding aside, technicals have this as a screaming buy, very oversold as I think we all know.
Two gaps to fill to the upside - 105.7p and 132.7p, both average volume days.
Two gaps on the downside - 46.25p and 19p, both high volume day gaps - breakaways so not necessarily 'fillable'.
Based on technicals and fundamentals, I honestly don't see the arguement to sell at these levels!
This looks like a coiled spring situation to me!

[marvinridesagain] 15/11/2018 20:56

Agreed but think 6p rise, the sewer rats will make a false bounce and entice a bit more money into the bank before they rob it again. Pending close on oil price.

All legal of course, its the new modern way of robbing banks whilst the governing body pat them on the back for a disgusting job well done.

Crime does pay these days for the 1% elite.

[dealer1972] 15/11/2018 20:55

You couldnt make this up!


free stock charts from uk.advfn.com

[investordave] 15/11/2018 20:50

So what will happen to the share price tomorrow? My guess is a small rise in the share price of around 3-4p in the morning then slammed back down in the afternoon with a loss at close if play of around 5p. I hope I'm wrong of course.

[dealer1972] 15/11/2018 20:44

Chill out dudes, nothing has fundamentally changed lol. Making money, paying off debt, good cash flow, hedges in place, future wells looking promising.

There's always something to look forward to....take Netflix Originals for instance.

[eentweedrie] 15/11/2018 20:27

have you run out of smack or something? you seem somewhat vexed?

[deanroberthunt] 15/11/2018 20:23

Oil back under 50 and this is toast...and quick

[marvinridesagain] 15/11/2018 20:21

He would me more use as a firkin foot stool

[deanroberthunt] 15/11/2018 20:21

Look forward to down another ten percent plus tomorrow

[deanroberthunt] 15/11/2018 20:19

Be more use as a candle