The latest Investing Matters Podcast episode with Inclusive Asset Management's Alexandra McGuigan has just been released. Listen here.
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Where is Bartlebob? His humour tickled me
Hope some loaded up......someone kindly has taken off the brakes!
Handbreak off please
Bartle there is a Hurricane arriving and the shares are about to be swept up - see you on the other side.
Buy confirmed on the charts now too......
MCAP 137m?? Brent could be back to $50 in a month. Airlines taking back to the skies, lockdow lifting, demand for oil is returning folks and this is a rock bottom. A great combination for the SP to motor back to the teens,
GLA
I'm loving the adjectives; massive, enormous, gigantic, considerable, huge, large, substantial .... keep it going ....
Moving up nicely.....perhaps some positive whispers floating round pre-agm - who knows? Could we see a massive move - personally I think we will. Oil $5 better than last week and that's circa $70,000 more daily revenue for Hur. Market cap is less than cash balance.
... possibly they are...possibly they aren't, your guess is as good as anyone's, no here knows, that's for sure.
Much more promising volume and buying pressure now, shorts closing possibly?
Bagged another 50k at 6.85
A nice gap of 2mtrs and a run on buying in Ikea ....
Not long to go expect a nice gap up and steady run of buying.
The herd don't read they just jump in and follow the money - saw it with RKH yesterday, today could well be our turn. I just laugh seeing this under 10p and to be fair with an appreciating oil price this could have a run a lot higher.
Can see the herd jumping in today.undervalued
We have said that all week, so lets not mention where it should be and it probably will get there. I mentioned my thoughts on where this should be, but perhaps being linked to this thread is more apt. AGM today at 11am and with Brent now fighting at $40.4 it will be interesting here.
My summary:
Expect all the oilies to open up really strongly as the 40 barrier has been broken on Brent.
Hurricane’s low operating costs of $17/bbl and its cash balance sitting at $152m on 1 April 2020, you can see why a number of investors would be drawn here. With Brent now above $40 some producers may be thinking to perhaps lock in some hedges too.
I believe production from well 205/21-6 will be incrementally ramped up to above 12,200, which was being achieved in April 2020, so the material impact of having 205/21a-7z offline at the moment is 20-25%. Expecting a big re-rate on the way.
Has got to be seen today with Brent rising over 40 dollars and the AGM