Harbour Energy Share Discussion Threads

[seangwhite] 22/12/2016 17:47

Looks like 17 could be a good year for holders of PMO. That said management will not have much to do with it just the POO.VGLTA

[marvin9] 22/12/2016 17:27

lol your funny

[ny boy] 22/12/2016 16:38

Another test of 67p support successfully completed, oil prices staying high, these should eventually challenge 79p resistance, could come after the holidays

[adh0] 22/12/2016 16:30

Jan - 78p
Feb - 88p
March - 98p
July - 138p
Dec - 188p

[leoneobull] 22/12/2016 16:27

Merry Christmas all genuine holders (that excludes quite a few LOL).

PMO share price predictions pls:
End Jan 17 - £1.10
End Feb £1.20
End March - £1. 30
End July £2.10
End Dec £2.85

[manics] 22/12/2016 09:25

Amen. Merry Christmas all. See you on the 12th if not before!

[ny boy] 22/12/2016 08:33

an exciting upgrade lol!

Forget about these now until next year, vols drying up for the holidays. I'm off to warmer climes but will pop in during Jan from time to time to see how the shares are going.

[ll0ydy] 21/12/2016 23:54

Premier Oil Plc : BMO raises target price to 70p from 65p

[adh0] 21/12/2016 23:28

The oil price reached a low in February and bounced fairly hard fairly quickly off that low. Are the covenants we are in breach of based on a rolling 12 months? Because if so in the not too distant future (March onwards) there is a good chance we will no longer be in breach of them!

[asa8] 21/12/2016 20:15

If the shorters have inside information then surely we the shareholders can sue PMO,its almost as if Tony and the company don't care whats going on here.I spoke to Elizabeth Brooks recently about the manipulation here she said there is nothing they can do ,yes there is get some bloody news out.

[nav_mike] 21/12/2016 17:19

There goes a one million share NT transaction after the closing UT trade

69.88p - hard to judge which way that trade went - like to think its part of a short closing but quite frankly who knows?

[bakedbean57] 21/12/2016 17:10

Uncross said it all today come on PMO sort your bloody PR out you are a shambles in your communication and share price control you should be ashamed of yourselves, I never thought I would say this but I have to agree with the likes of Marvin, they have signed off for Xmas and getting fat on too many fronts!

[bakedbean57] 21/12/2016 15:09

I was right with the word erosion!!

[mpclag] 21/12/2016 12:50

Well said Manics

[manics] 21/12/2016 12:25

I quite agree that Tony doesn't care (to a degree) what the share price is.

He has said, as have PMO IR, that the current share price doesn't reflect the value of the company -and they're right. No share price reflects the absolute value of a company because it has market sentiment included.

It's why huge enterprises such as Barclays or Glaxo might be 'worth' 5% more this week than they were prior, on no news. It's why you get takeovers at premiums or discounts. Sentiment is extracted and you (only then) get the absolute value as a remainder.

As long as the company doesn't need to raise new equity (or d-4-e) then the share price doesn't much matter (outside of heat from stakeholders).

We PI's of course are impatient and want the share price at £2.00 next week. The BOD have the complete bigger picture, can see the long game and are playing accordingly.

The share price movements, the frustration (which I share) and the delays all seem horrendously unfair to us but that's in part down to our own impatience -as I say, me included.

We have to accept that if we want to buy shares we'd like to sell at £2 for 70p today, that sentiment now remains in the toilet. If it was all a given today and everyone was pumped on PMO once again, you might sell at £2 right now ;)

[bakedbean57] 21/12/2016 10:54

Someone has an agreed price to buy at 69.5p I wonder if they will fix the price I want a week next Tuesday for instance...

[bakedbean57] 21/12/2016 10:31

It's disgraceful really when it's so obvious.

[nav_mike] 21/12/2016 10:22

I suspect with oil at $56, their broad objective is just to snuff out any upward momentum and keep the price below 70p

Extra drops would probably be a bonus, but depends how aggressive they want to be,

Eventually though, the fact the oil price is at a level beneficial to PMO will have to shine through - albeit more than likely in the new year.

[leoneobull] 21/12/2016 09:03

from LSE

"PMO is saving a fortune which will boost the share price in 3-6 mths time with POO where it is. The calculations are simple:

2.8bn US X 4.5% interest a year = 126,000,000 interest per year
2.8bn US X 6% interest a year = 168,000,000 interest per year

Extending these discussions over a longer timeframe saves real cash and allows us to avoid increasing debt even though we are bringing on-stream Catcher in 2017".

[marvin9] 21/12/2016 06:00

Here we go...... Oil up PMO up

[steve73] 21/12/2016 04:22

WTI contract rolled to a Feb front month yesterday. Rising by around $1, but narrowing the WTI/Brent spread back to the usual $2.

Header charts updated accordingly....