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Bartlebobton, I am a long term holder. Some of my E&P holdings I have held for 20 years. One I have held for 32 years. HUR may still come good. Warwick seems open to question, but despite the recent news there are not many potential blockers to HUR achieving the maximim physical throughput for the AM in the next two years. It is what they do after then which is the bigger question.
Yobbo ...that's a very long telescope, you can always look through the other end.
I am taking comfort that I am not in Tullow at the moment where there is a bloodbath today. Down 50% - ouch !
Looking two years down the line HUR could be turning over £750 to 800m a year (assuming they tie in Lincoln) which will mean that they will be in a different place to now.
Didn't expect to see this drop again today - no justification. But not as bad as TLW. Ouch.
....and off plan buying too "scoredagainsteps".... around the 2000's :-)
My apologies shutts atb
My point was that she was tried to blame the downturn in the housing market to "naysayers" - I wasn't making any comment on BtL itself.
<32p. Has the oil WoS disappeared or something? Gets worse
Nice to read your calming and sensible comments Daltry.
Times like this I just re-read the Sep 19 Results RNS re Lancaster and smile at the short term hysteria
WELL shutts i started btl yonks ago and im not a idiot - ITS done me well buying properties for peanuts near london and commuters towns
Naysayers LoL.
I remember seeing that brainless bimbo who used to do those property shows encouraging people to buy to let - saying there was nothing wrong with the housing market, it was just "naysayers" causing all the trouble.
Of course her cheerleading all over prime time TV had had zero net effect - but someone with a slightly negative view caused the whole thing to collapse.
Naysayers - that really is grasping at straws - my thoughts don't make the share price go up or down, if they did I'd be George Soros.
Your post, Shutts, confirms something for me. I do think there's a brigade of naysayers out there, are you perhaps the foolish chap who couldn't be bothered to read anything on the Hurricane website before asking your question?
It is clear Dr Trice is swimming against the tide at the the present moment. But tides change ...
"Dr. Trice doesn't seem to be concerned about the SP. So nor am I. " - I agree that Trice isn't, but as a shareholder you should be.
Some people want to be famous, some dream of being powerful, some desire wealth and others want to be cleverer than everyone else.
I think the issue here is that the PIs want to be rich while, judging from his dismissive attitude in that Q&A session where he was visibly irked by questions he felt were beneath him - Dr T appears IMHO to want to be right, to prove he was right and everyone else was wrong and so he's the cleverest of them all.
I get the feeling that he sees shareholders as an annoying distraction from his dream and so he treats them with disdain.
If that's the case then he's not going to change, the way HUR communicates will not change, the SP will keep dropping (especially if he is neither right nor the cleverest of them all), and if there is any value in HUR it'll get bought out on the cheap.
Trice will be replaced by one of those people who have probably mocked him and his theories and he'll be consigned to the footnotes of history as the man who was wrong.
And those pesky shareholders will have all lost their shirts.
The Mar l- Would you like the BoD to email you every day with an update? No No , question withdrawn...
BB - OK. OK , You are correct, of course. Point taken.
Who 's in this for these short periods? Not me.
What does it take to cheer you up with HUR? Oooops, , question withdrawn........
"What's not to like... " A Marmite question.
1 week-30.17% 1 mth-24.65% 3 mths-24.65% YTD-26.63% 1 year-24.65%
I would like some kind of
feed back from the company
they did when it went UP
4%
Dr. Trice doesn't seem to be concerned about the SP. So nor am I.
It's just oil stocks are being hammered by the media as they've nothing else to write about.
So, the hedge funds, traders, and MMs are taking advantage. I would do the same if I was one of them.
There is too much SP watching going on which breeds seeds of anxiety and doubt. The company is ticking along nicely producing mega money, consistently.
What's not to like?