Harbour Energy Share Discussion Threads

[pugdog] 03/12/2016 14:32

Is the BW Singapore Shipyard production vessel for Catcher Field, due for arrival march - June .

[manics] 03/12/2016 13:44

If you want to beat the market with superior gains then by definition you have to prove the market wrong imo.

In my view there's enough evidence (at least, mounting evidence) that PMO is going to come out of what has been a devastating downturn. It's going to survive it.

At what level is PMO still priced to fail? 19p? 50p? -100p? I understand there's remaining risk because Premier hasn't yet delivered surety (through fundamentals and financing) so whilst a discount may apply how great should it be?

What Premier has confirmed is a company operationally geared for growth (primarily Catcher). It's delivered a complete OPEX remodelling, proactively and with the help of GBP, that will stimulate fundamentals and at pace (given the chance. I believe OPEC is extending that chance).

The root issue has been 'the glut'. This put OPEX, debt, the whole balance sheet out of whack. I have to believe (given new OPEC evidence) 2017 will see this subside in real terms and positive sentiment return the the oil markets as a consequence.

Though Tony has frustrated some over the months, to their credit, his team have been busy making sure that *IF* the sector opens the gates for the survivors, then Premier will come out sprinting.

OPEC has hopefully turned a more pleasing light onto the refinancing from the lending group's perspective, and I look forward to that firm survival evidence hopefully by end of month.

If I'm right Premier could offer strong returns for the mid-term investor. That's why I increased by around 20% last week (which will carry no gravitas to anyone reading this). There's (still) just too much caution here imo -which is great for buyers.

They'll be ups and downs and trades and shorts and longs, though if we're at point A now, arrival at point B in a year or so could be quite special imo.

[deanroberthunt] 03/12/2016 11:35

hey even NY Boy AVATAR is blue, must be a sign....and/or it's all that extra dosh from the short meant he could afford the premium subscription....

crikey, if TD and his pals can find a way not to wipeout shareholders this could be 100p+ in a blink...

[paulbiya] 03/12/2016 11:04

https://youtu.be/sZhX3H2jzSoPOO could hit 70 by July 2017

[paulbiya] 03/12/2016 10:14

Dabbler1Posts: 133Off TopicOpinion: No OpinionPrice: 65.00At $54 BrentFri 20:02PMO should be 'making ' roughly £100m a year more than at $50. Surely for every £100m paid off the debt, the market cap of PMO should rise by £100m or 20p a share give or take. As the share price was around 50p with Brent at $46, 90p a share looks more than likely if Brent can hold. Under this back of the envelope calculation PMO could be worth 120p a share if Brent gets/holds $60

[leoneobull] 02/12/2016 20:06

Warms my heart to see the longs regain control

[gloucester rugby] 02/12/2016 18:42

Leo, the bonds have started to spike up, maybe they know something we don,t!

[leoneobull] 02/12/2016 17:35

Don't worry it could go up 50% on refinancing. That will teach the shorters

[bakedbean57] 02/12/2016 16:59

Same old story until PMO steps up.

[begorrah88] 02/12/2016 16:31

Was their plan to get it under 64.5p and keep it there?

Over 3 million shares sold since 2.30pm with a very distinctive style that smacks of shorters at their worst.

[begorrah88] 02/12/2016 16:06

....and every so often a raft of buys goes through the book ;-)

[begorrah88] 02/12/2016 16:04

If you are watching the trades go through [not recommended!] you will notice that, in addition to breaking the sells down into small shapes to walk the share price down by dominating SETS, buys are going through as Negotiated trades - ie the shorting house is getting buys steered to them and soaking them up so they don't hit the book.

Some very committed trading and hopefully a very expensive mistake for them.

[pounddreamer] 02/12/2016 16:04

At what point do PMO think of hedging say 25k barrels for 12mths? - $55?
Can or should they do this whilst re-negotiating finance?

[ny boy] 02/12/2016 15:41

And your position here is?

[hearts1] 02/12/2016 15:28

You are a tool NY girl - you called TLW a sell at 1.30 and it's now over £3. Same with all the other oil stocks, so what if you know where a support or resistance line is? You've called it badly wrong this year.

[begorrah88] 02/12/2016 15:21

Looks like the yank shorters are sat at their terminals again.

Same as yesterday 2.30pm

Picking off anything on the bid.

I'm expecting to see GLG or Whitebox having increased their shorts when we get an update to include the last few days.

[ny boy] 02/12/2016 14:55

Tks Manics, I do tend to use chart technicals as an important tool when looking at buying/selling, it's not the only tool but a useful one, has helped my investing over the years.

[manics] 02/12/2016 14:43

Have to say, decent call on the chart NY Boy.

[ny boy] 02/12/2016 14:25

The chart technicals are playing out well, let's see if a fresh high can be printed, along with a higher close than yesterday, if so,a test of 77p area could come over the next week or two.

[ny boy] 02/12/2016 14:15

The test of 62p area came between 11-12 today, doesn't actually have to hit 62p, it's not an exact science!