Harbour Energy Share Discussion Threads

[john09] 20/11/2018 18:30

Did I say 75p? You’re welcome

[nav_mike] 20/11/2018 18:28

LOL has Trump opened his mouth again? A dollar and half off the oil price in the blink of an eye

[leoneobull] 20/11/2018 18:26

Holy f. Sub 62 usd. Whenever I have traded Brent directly long or short I've lost a fortune.I have 10 to 15% in oil 85% in copper purely by chance. I expected 100 usd poo so purely chance.

[leoneobull] 20/11/2018 18:24

Lodgeview. Sorry to hear. Firstly avoid leverage and spread betting, secondly things eventually recover so hoping you own the actual equity

[deanroberthunt] 20/11/2018 18:21

Expect sub 70p here tomorrow at best

[deanroberthunt] 20/11/2018 18:20

This fall is like the days of Lehman Brothers and all that jazz....brent has lost $27 in weeks

[eentweedrie] 20/11/2018 17:47

im afraid you might be right

[leoneobull] 20/11/2018 17:19

https://oilprice.com/Energy/Energy-General/Chinas-Oil-Inventories-Rise-4167-In-One-Month.htmlAh. That could be it

[frankmcalorum] 20/11/2018 17:02

0.12% increase in shorts
hxxps://shorttracker.co.uk/company/GB00B43G0577/

[adg] 20/11/2018 17:02

am I correct in thinking that this year/next year the turnover will be about £1.5billion a year assuming POO about $65 average?

[leoneobull] 20/11/2018 16:59

Been busy today. What happened?!

[mercer95] 20/11/2018 15:44

Shale production may have to be reduced at these prices, I do believe their costs are higher than conventional oil drilling,that’s the only positive I can find at the moment, looking like a tough Christmas for a lot of traders, I’ll be reducing the size of the turkey & increasing the veg.

[markymar] 20/11/2018 15:37

Peel Hunt has issued a buy note on them today.....I make it over a million more buys and price crashes.....

[hoper2] 20/11/2018 15:32

It's down to Trump. He implied to the Saudi's and Russians that he was going to apply sanctions on Iran that would be very severe. The Saudi's and the rest starting pumping like mad to make up for the shortfall and then he started signing all these waivers. The markets now flooded with oil.

[fitton] 20/11/2018 15:24

I would add, there must be virtually no private investors in Premier shares that are in the money now.I think the bulk of my shares cost around 75p. I made a wild guess that 98p may be the bottom of the cycle, now its 22p lower at 76p.I honestly do no see how the shorters could get it so right for so long.Lets not forget Zama is due soon.A good result there will reinforce the asset value.At some point the company has to be seen as a bargain

[deanroberthunt] 20/11/2018 15:21

DON'T PANIC MR MAINWARING!!!!!!!!!!!!!!!

[adg] 20/11/2018 15:21

I hear that production is currently in excess of 90k !
Might impulse buy some more to offset the impulse buy from Friday - I will be laughing all the way to the bank in about..... 3 years time :-)

[fitton] 20/11/2018 15:14

Absolutley no support against the shorters.Bonds still trading at £1.Company is producing lots of oil and making money.Everyone may as well go away for 4-6 weeks and let the scum do what they want.Some great oil and gas assets trading way way under there value.I would imagine if the likes of BP or Shell decided to use some of there huge cash pile, now would be a great time to strike.I think PMO shareholders would jump at a £1.50 offer at the moment.I guess the problem here is until there is real resistance the price keeps falling.Once again its a great shame the the private investor looking to make a sensible informed investment in a PLC is getting smashed.The same happened earlier this year after they started producing at Catcher.The price rose to £1, as soon as production started it was smashed down to 60p.Completley the reverse of what was expected.My advice is unless you need the money, don't lose to much sleep over the share price collapse, it will recover in time.I must admit it is hard to believe shorting can cause so many problems to investors and its still legal