Harbour Energy Share Discussion Threads

[polonium] 23/11/2016 08:36

SA and Russia cant afford not to do a deal, both want to get IPO's away.

Why is that nob still banging on about Dead Cat bounces??

Dead cats dont apply here.

"First, the securities have poor past performance. Second, the decline is "correct" in that the underlying business is weak (e.g. declining sales or shaky financials). Along with this, it is doubtful that the security will recover with better conditions (overall market or economy)."

[ny boy] 23/11/2016 08:26

If the 55p support holds for a week or so, there could be a short term dead cat bounce to collect 10-20% but risks are still to the downside.

[deanroberthunt] 23/11/2016 08:20

they have nowhere near the debt....

[paulbiya] 23/11/2016 08:10

Ithaca worth more than PMO with a third of the production. So undervalued here

[ny boy] 22/11/2016 23:18

Not another dead cat bounce!

[asa8] 22/11/2016 21:15

The days of investing in shares longterm for pi,s are coming to an end the markets are just to corrupt insider dealing shorting the list goes on what chance has the small man got mind you mr Durrant has not helped the situation here.

[marvin9] 22/11/2016 19:55

Oil on the rise again for those who have interest.

[marvin9] 22/11/2016 17:25

Crude oil futures are softening on Tuesday afternoon as a note of caution sounded through the market relating to hopes cartel OPEC will introduce a production cap at its 30 November meeting in Vienna. Industrial metals flew higher.
At about 16:45 GMT, Nymex-listed West Texas Intermediate (WTI) was down 1.37% to $47.58 a barrel, while Intercontinental Exchange-traded Brent slipped 0.76% to $48.53 a a barrel.

The black liquid has been mired in a chronic crude glut, which has overall seen its price shredded thanks to an ongoing supply glut and a series of surprise rises in stores.

FXTM Research analyst Lukman Otunuga said hopes had intensified that OPEC would secure an effective freeze deal in Vienna.

He cautioned investors to "remain diligent as OPEC could be exploiting oil's sensitivity" to create speculative boosts in prices.
"The repeated comments from Iraq and Iran displaying their readiness towards fighting the oversupply woes have played a key part in oil's resurgence," he observed.

"Russia's willingness to join an OPEC-led production freeze continues to boost investor attraction towards the commodity," he added.
"OPEC may be playing a dangerous game if investors are left disappointed with another 'Doha failure' potentially deepening the oversupply woes in 2017."
In related news, a Nigerian delegate at an OPEC technical meeting in Vienna on Tuesday said, referring to a potential production cap, that it was "likely everybody will be on board by the end of the day."

[bakedbean57] 22/11/2016 17:19

Churned 14mil shares over at least we have a bit of volume back only positive I'm taking from today.

[marvin9] 22/11/2016 17:04

Depends on what you mean by low life; they are in the game to make money and good luck to em, they are exploiting the corrupt system and making money, if u cant beat em join em.

No point moaning about it, I'm burned out with that one

[bakedbean57] 22/11/2016 16:40

Anticlimax

[marvin9] 22/11/2016 16:24

What fish? The barrel is full of fishy fingers

[adg] 22/11/2016 15:58

Premier ARE NOT going to be raising any funds via a placing - that's a fact
Private bondholders have agreed in principle the new terms for a 5 yr deal - all will be signed by EOY and concluded 1Q 2017
Solan will ramp up within a month or two
Covenants will be no longer an issue within a month or so
Oil will settle north of $50, probably nearer $60 1Q/2Q 2017
Premier have (600m?) undrawn funding that they wont need anyway
All looking rather promising - the lowlife are just taking advantage of the uncertainty
this is a classic case of a company in a situation it just has to ride out
I could see PMO 300p + in a few years
Do the math
Its like shooting fish in a barrel

[nav_mike] 22/11/2016 15:57

The thing is, there have been no updates to the declared short positions since before the trading update day which I find surprising

On the other hand, perhaps they just 'forgot'

[begorrah88] 22/11/2016 15:53

We could even end up Red with POO over $49!

[begorrah88] 22/11/2016 15:50

The shorters are throwing money at this like crazy - either very committed or very casual with their clients money.

They don't appear to feel any need to close though so where are they getting their knowledge/info from?

We know PMO is no longer a tight ship as the Telegraph article proved.

[nav_mike] 22/11/2016 15:42

Like I said this morning, 58p is todays line in the sand (they decide things nice and early) and lo and behold thats where we are in the last hour

The only thing I would say is that in addition to the usual shorter antics, there have been some large AT trades that might suggest a genuine large offloader?

Im all out ideas now....Brent approaching $50 and we cant even get past 60p.

Having said that, TLW has risen even less, so perhaps the market is anti-oilers today

[alamaison5] 22/11/2016 15:31

MM's are to kind, letting shorters to close at 58p, tutut, lol

[bakedbean57] 22/11/2016 15:27

Every time today WTI has dipped below $48 this has dropped under 58p algos set to POO again...

[cyan] 22/11/2016 11:39

Some positive remarks here;

[hearts1] 22/11/2016 10:24

If OPEC do cut I see oil heading up to retest 60's

[sawadee3] 22/11/2016 10:23

It sure is going to be one happy year end chaps :-)

Well done all bargain buyers :-)

Happy days chaps :-)