The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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!00% agree on that HUR at it's current extreme low ball valuations is "either very ripe for takeover or ready for takeoff" and likely sooner than most may expect.
Could you explain the fundamentals you see, as I can’t see any until company releases the re evaluated CPR on 11thSept,it’s not just Lancaster that reserves are being questioned,it the whole WOS portfolio as stated in the RNS yesterday...I can see this drifting lower on expectation of bad news?
Hear, hear; also could not resist a top up here today, particularly at these bargain basement prices as I clearly do see huge value here based on fundamentals going forward.
They said another bit of news will follow imminent -robably Monday to say things have been sorted then back to 6p+ so I have loaded up not selling
Demand is slowly picking up, supply is dropping, investment has been seriously lacking in the O&G industry during past 6 years after crude prices plummeted from all time highs in late 2014, lost production cannot be easily restored in an investment lacking environment, and O&G still have no viable alternatives, at least for many many years to come! Hence, I can only see higher and higher crude prices ahead, and currently see HUR as by far the most undervalued play in the LSE today.
neversaynever - you are saying all the things people said at the last positive RNS we had ' can no longer be ignored ' now is the time to buy ' brent going up ' all of these things mean NOTHING, brent has been going up for ages and not effected our SP in the slightest ! we were proceeding 17k barrels a day and nothing went up....., at 6.4p a share people were saying ' any minute now ' this is undervalued etc... we all know its undervalued but it doesnt change the reality that this share is massively manipulated by others and is not going up ANY time soon....and thats me saying that as someone invested in this
ironroughneck, By today, almost every possible pessimistic scenario is already well priced in the now very much undervalued HUR SP, hence with Brent also gaining positive momentum, potential massive upside here can no longer be easily ignored and even a whiff of positives now coming from the new Managment/BOD here will have the SP rocket up to fresh levels, time will only tell and IMHO, now is the time to buy in here for the long run as both crude and company prospects hopefully improve.
Good volume again today interestingly with many large size buys, I believe we have reached the low point here, and can now clearly see big upsides ahead regardless of the now obvious huge M&A potential at these much undervalued levels.
neversaynever - how can you say minimal downside risks, I have been in this share for 10 weeks and havnt seen a penny of profit infact im at around a 35% loss from my initial buy in. I need a sell price of 7.5 now just to break even....I honestly dont see this hitting 8p anytime soon, I am still in this share but im in two minds whether to just get out and just cut my losses with this or stay here and hope it goes up, which ive been doing for weeks and its been going the other way
Added to my fairly substantial HUR holdings as based on all known facts/fundamentals today, I clearly see huge value and hence massive upside potential here with now minimal downside risks IMHO.
GLA