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Sorry that was 'read' in the past tense, as in over and out, read this ... forgive my abrupt and lazy post, fed up with this BB and the negative scaremongering on here.
Here's to Friday 13th, may it be lucky for some! Be grateful you're in France:}
J Lydon and SXP, I personally never particularly liked them at the time as such, but they were without doubt a major disruption to the British music scene, and yes years later, we have very interesting interviews on JL's outlook on the world at that time, very interesting.
I already have! It was me that posted the link here to start with!
However, I I didn't have the patience to read all of it, the opening lines were enough to tell me all I needed to know. So I thank you and Jiffybag for quoting some bits I hadn't noticed To whit:
" I’m rebelling against my extinction. I think that’s perfectly reasonable, isn’t it?” Hmm. Yeah, maybe. If you're of the same mind as someone like Dylan Thomas, 'raging against the dying of the light'. Didn't do him much good though, did it? Pesrsonally I've come quite to terms with the idea of my own 'extinction', and occasionally have days when I wish it were sooner, rather than later.
(There are probably some posters on this BB who wish it would happen to me sooner.)
" I wouldn’t be quite on the Corbyn level, though I like some of what he does and then he makes me despair at other moments."
Yup, the 'real' Neil Hannon (could he be the one posting here?) sounds like someone who really has strong views on how he sees the world. Though the lack of them is probably due to too much champagne, a wine notable for making people think stupidly.
Must admit, I wouldn't mind meeting him and asking him What Corbyn actually DOES? Or Boris, or the rest of 'em. Other than talk. I mean, Boris likes to chat up the womenfolk and has an odd penchant for bicycles. Yawn. I know dozens of people like that. Jeremy's into gardening, I believe. Ditto. Yawn, again. Why can't we have politicians who during their university days weaned themselves off a serious smack habit by going cold turkey, are into base-jumping and astronomy as hobbies, and would close the centre of London's streets for a week for NASCAR racing? (No, not Formula One, nor anything electric, NASCAR. With no crash-barriers installed.) I might then be persuaded to vote.
'I’m a thoroughly leftie, Guardian-reading chap, but of the champagne socialist variety,” he says. “I don’t take it to extremes. I wouldn’t be quite on the Corbyn level, though I like some of what he does and then he makes me despair at other moments.'
Are they one and the same , who knows:O)
Or, in all fairness, maybe just a fan? Fine music though!
"“I joined Extinction Rebellion a few days ago, so the next time you see me I’ll be chained to the gates of the Dáil,” Hannon says, between sips of coffee. “I just Googled them and their website said, ‘join Extinction Rebellion’. All right. Because I’m rebelling against my extinction. I think that’s perfectly reasonable, isn’t it?”
A bizarre coincidence? Or not?
More like Rita Duckworth !
" By the way Greta looked absolutely terrible today."
I wouldn't know. Haven't turned on the television all day. Better (and more profitable) things to do.
But Greta's never really looked like Rita Hayworth, has she?
PS Apologies (not) for non-PC comment. But it goes with the territory.
Great find! Just possible. By the way Greta looked absolutely terrible today.
treaty (& others),
" I agree Neil is a deramper or shorter"
Occasionally, just occasionally, someone turns up on the BB's who's vain (or crazy) enough to use their actual name as a pseudonym.
So on the offchance, this morning, I googled the name 'Neil Hannon', and came up with a number of 'headline' resu;ts.
Now I'm not saying our newfound chum here is that person himself. In fact I doubt it. But I did find this particular entry (just below those from wikipedia) rather interesting, if not rather strange.
Now why would someone using such a name as a pseudonym be posting on an O&G chatboard?
Neil Hannon....appears on the board looking for some info on investing in HUR......he hasn’t even the common sense to post a few neutral comments just deramps on every post following......Who’s he kidding, another of the MMs *****es.....go back to the hole you came out of...
Neil,'I am right you are wrong'.
What arrogance ! you are both talking about the future.The future will prove one of you right.
If you say you know what the future holds you are either a liar or just bonkers.....or a politician and both !
"On the pipeline, I suspect this will be 100% HUR cost. HUR will need the route more than the pipeline operators need the fees, so they are in a poor negotiating position. What other options would they have?"
Reminded me of a project I was on years ago. During conceptual design the word came down from management that the platform was scrapping the design being installed on a jacket and was moving to a GBS design. Spent a year like that, did'nt affect the ongoing topsides design team too much but obviously changed the topsides support team significantly. A year later the design reverted back to a Jacket. Skip forwards 6-7 years when I was involved in commissioning the same platform I found out it was all a ruse to get the pipeline tariff down by kidding the pipeline operator that the field did'nt need the pipeline, as the inventory was going to be stored in the GBS and tankered away. In this casethey were happy to scrap a year load of design manhours for 30-60 blokes in an effort to get 30 years of pipeline tariff cheaper. There are always options just depends how far you want to go ;-)
For the non oilies, simplistically, a jacket is a steel lattice structure which supports the topsides platform and a GBS (Gravity Based Structure) is a concrete structure with storage tanks at the base.
I'm (as usual) late to the party and have no wish to re-run your and others' basis of valuation spat.
I think you're all wrong, exemplified by your assertion..."The bid will be based on what a buyer is willing to pay. At the moment you will notice that there are an abundance of SELLERs. Hence the market feels that the stock is over valued..."
You're conflating what HUR is 'worth' to a corporate buyer with what HUR is perceived by a few PI's as being 'worth ' to them, ie the Buffet distinction between a voting machine and a weighing machine.
Which leads to the second point : HUR won't be 'worth' its EV or anything similar to a buyer , it'll be 'worth' some discount (reflecting macro economics/outlook, POO, political environment, assessment of HUR 'need', sentiment re climate change etc) to the buyers estimate of commercially recoverable oil.
HTH and ATB
You need help! That is all...
The only proof will be the sp reflections from now on...
Probably we wouldn’t hear from you then when all turns out well for HUR..
Treaty - I came here to learn a bit more. Was not offered much, but looked through available literature, thanked the board and off I go. I then get set upon by the pumpy pumpy brigade, and I am weak and can't resist an easy arguement :)
Anyway, happy Sunday.
Hasiba - I am not angry.
I am right and you are wrong. It's not a different opinion.
It is this sort of la la Land thinking on the bb that raises a red flag for me.
Clearly you are not willing or able to understand the very basics, so I am wasting my time.
I will be back if my target price is reached.
Yes I agree Neil is a deramper or shorter.Proposes to possibly buy in then goes into all sorts of reasons why he should not.Not very subtle really.
So initially all focused on EV then stripping it apart when calculating the equity value to pay the real price + to achieve Target offer for a company..which is intimately may end less or more than EV..but initially tgey look at the EV then takes apart to achieve the real value and target offer.
Neil..please read this link for better understanding of the value of Enterprise Valuations..
Don’t get angry when posters disagree with you...or posting a different argument!
Hasiba you are avoiding the question now. Just admit you are wrong.
EV is a measure of perceived value, not any inherent value.
A significant amount of the EV and market cap here are based on sentiment rather than any inherent asset value. You are essential taking the markets word for it, in it's instantaneous measure of value.
You should really work out what it is worth to you, and choose your entry on that basis. For me it is 500 mil mcap, or around 670 mil EV if you prefer.
Yes Enterprise valuations do include mcap with it but more important the inclusion of all debts and cash in comparison to the limited mcap valuations of market valuations at the time..
Big difference here..
Going back to your arguments of you buying Hur on mcap of £500 m do not make much to risk you money with when buying shares..
There are many valuations you can base your choice on when buying shares like the QVM..which where many investors do.
I'm not sure if you are being deliberately obtuse, but the ignorance of this statement is quite staggering...
"So if there is a bid to buy HUR the valuations will be based on Enterprise valuations and not mcap.."
The bid will be based on what a buyer is willing to pay. At the moment you will notice that there are an abundance of SELLERs. Hence the market feels that the stock is over valued.
Me too investing in Enq loads now at 17.80p as I believe it’s grossly undervalued but has a big risk ,of mountains of debts to pay,...fully dependent on oil price fluctuations..high risk but I only trade it on a very short term and made good profits from it so far.
If you want to know where else I invested you can check this easily..