Harbour Energy Share Discussion Threads

[eastender boy] 29/12/2016 16:37

Whilst 80p has been the long term resistance here. All the other oillies have started to move up significantly . Premier could easily trade at twice today's value . The clear item stopping all this is the long pause due to the renegotiations

At $56 a barrel of Brent on the rolling contract and April Futures at $57.6 , we are very far above the $45 break even and $50 needed to repay debt

All the time getting closer and closer even to Catcher ! At this rate ..

Big up move is possible here

Consider that around mid July 2015 with Brent at $56 PMO was at 160p without EON and Solan .

160p !! More than 100% to get there .

[marvin9] 29/12/2016 16:22

Oh dear oh dear,

300m shares at 60p.

Stock kept low over 90 days to ensure cheapest price.

Fat cat Tony doing naff all

One of the worst performing oil stocks at this level.

Rag heads will welch on the promise of full oil cuts

No Finance deal

USA storage up

Rig count Up

Bust by Easter

Shady increase of outputs in rag head countries

And more.............

[steve73] 29/12/2016 14:07

Based on Solan offloading frequencies it appears that production is still well below design. Possibly as much as 10% off our global total. And of course this is all straight on the bottom line.

[nav_mike] 29/12/2016 13:58

Well I guess you could speculate that the shorters may have been acting on behalf of bondholders, so that the share price didnt race ahead and raise the issue price of any equity raise....ie perhaps they were trying to supress the VWAP over say a 90 day period?

I dont subscribe to that theory, but stranger things have happened.

[crystball] 29/12/2016 12:49

PMO is very nicely poised.

[bakedbean57] 29/12/2016 12:10

Pmo stated no dfe / placing but an asset sale or improved security and rates to lenders.

[steve73] 29/12/2016 11:13

Oi! you leave me alone...!

[hearts1] 29/12/2016 10:53

Need to smash 73.

[paulbiya] 29/12/2016 08:31

57.19 USEvery month covenants postponed we save millions in interest and strengthen our financial position

[marvin9] 29/12/2016 08:29

Itheika has reached £1

Well that's a good New Year for some share holders... and why is this... Good Directors, whilst we have none.

Sack em all I say.. off with there piggy fat lazy heads, get someone in who will actually earn there salary.

[marvin9] 29/12/2016 08:25

Errrrrrrrrrrrrrr cant be Santa, he has already been????????????


New Year ????????????

[marvin9] 29/12/2016 08:24

What you smoking????? and get me some?

[paulbiya] 29/12/2016 08:20

Was thinking of selling but just seen a 308000 buy this am early doors. Shooters know what is coming.

[marvin9] 29/12/2016 08:19

As expected my ass, lol, you Rampers were saying it was a done deal by the end of this month.

How the so called know it all rampers twist a tail lol.

You couldn't make it up... unless your fat Tony of course lol

Told ya; Fat Tony could not Negotiate a meal deal at McDonalds

[hearts1] 29/12/2016 08:07

It's not now about passing the test - it's to reneg all debt and kick maturities down the road. Once successful the fear to equity goes and the share price re rates. Should be circa 100-120 by now without this issue.

[begorrah88] 29/12/2016 08:06

I can't see that the RNS will do anything to deter shorters.

All we've got is the next date that TD can miss.

[adg] 29/12/2016 08:02

Will it be worth the shorters using this expected rns as a trigger for round 10 of bringing the price down again or with the 12 Jan update and it also clearly advising things will be closed out is it too optimistic to think they will move on now?
I'm think it may be possible they will see this as closure time?

[steve73] 29/12/2016 07:50

As expected - another deferral, but further indication that the refinancing will be completed in January.

[deanroberthunt] 29/12/2016 07:43

if they defer it for another 12 months I reckon they'd pass the covenant test....as Oil will be, or should be, well north of $45 for the 12 month period....

[louke] 29/12/2016 06:48

Queiroz Galvao buys Premier's Foz do Amazonas interest (mor than 9 m $)from Upstream