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Premier Oil Share Chat (PMO)



Share Price: 64.00Bid: 55.00Ask: 67.00Change: 0.00 (0.00%)No Movement on Premier Oil
Spread: 12.00Spread as %: 21.82%Open: 63.25High: 0.00Low: 0.00Yesterday’s Close: 64.00


Share Discussion for Premier Oil


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SauerKraut
Posts: 3,551
Off Topic
Opinion:No Opinion
Price:64.00
Do
Today 07:48
Do the funky cashew. Aga
 
Geo101
Posts: 1,144
Off Topic
Opinion:No Opinion
Price:64.00
RE: Oil at $58
Today 00:35
I believe there is more downside to oil prices here than upside, yes.
andy.p
Posts: 6,119
Off Topic
Opinion:No Opinion
Price:64.00
RE: Oil at $58
Today 00:27
Geo,
I'm happy to admit to being wrong, I honestly thought the warrants would be used to close the shorts, that hasn't happened which should be a concern for you and others still holding this.
Until the warrants and shorts have cleared or reduced significantly I wouldn't touch this with Sankey£s hockey stick.
I don't think the PMO education is over just yet.
On the bright side the education has made me a couple of quid and many friends.
Do you believe the current oil price is artificially high?
I do.
Bed now, the devil for the fool or is it the tool?
Or the detail?
Mrd5432
Posts: 5,434
Off Topic
Opinion:No Opinion
Price:64.00
Andy
Wed 23:51
2022? With saudi aramco flotation on way? Dont think so..... im in here till that flotation. Sell this at 150p. Done!
Geo101
Posts: 1,144
Off Topic
Opinion:No Opinion
Price:64.00
RE: Oil at $58
Wed 23:50
Quick question Andy, a while ago you said you may consider buying in when there was more certainty the refinancing would be approved (you had some strong views at the time if I recall, views that thankfully proved unfounded), do you now see no opportunity for a buy in? If so, why? I'm guessing a combination of warrants and convertibles weighing on the price?
andy.p
Posts: 6,119
Off Topic
Opinion:No Opinion
Price:64.00
RE: Oil at $58
Wed 23:48
I forgot the "c".
Night.
Mrd5432
Posts: 5,434
Off Topic
Opinion:No Opinion
Price:64.00
Sauer
Wed 23:43
They never intended to reduce debt till 2018. 2015 to 2017 dam solan and catcher are responsible for $2.45 billion of our debt! 2018 to 2020 was planned for debt reduction. 2017 we just got lucky oil averages $53. So they can pay of $100 million down. Next year no capex on catcher and catcher producing will help quadruple that figure.
andy.p
Posts: 6,119
Off Topic
Opinion:No Opinion
Price:64.00
RE: Oil at $58
Wed 23:41
ROS1,
Good luck.
Brought or bought, now that does confuse me.
You are becoming a naughty little ramper but if, as you say, you are looking at this long term you will be fine.
I will buy you a Grolsh at the £1 party in 2022.
Night.
andy.p
Posts: 6,119
Off Topic
Opinion:No Opinion
Price:64.00
RE: Oil at $58
Wed 23:35
Hyds,
Like last years meeting, not this years?
God forbid.
hydraides
Posts: 681
Off Topic
Opinion:No Opinion
Price:64.00
RE: Oil at $58
Wed 23:31
Yes back in now. got burnt by AIM, not much but it was too tempting.

Will check on these every month now , not every day which is pointless here.

Expect the big climb and shorts closing after the OPEC Decision on 30th Nov, Like last year




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