Member Info for 1nvest

Nice share price increase. Is this just a continuation of share correction or is there more to this? I was expecting to see 5-10% increases over the next few weeks. Just not in one day increments.. I'll take it....

There may be a short term drop but overall the SFO investigation looks to be factored in so see the price climbing substantially. Once vaccines is out by the end of next year can see dividend being restored, maybe earlier if further contracts are won

Well JP Morgan target is 250 which is a reduction from 270 but approximately 60% higher than current price. Looking really good as a recovery stock.

Botbot please tell me this is just supplementary income if you are close to retirement? Just someone who is concerned!

Don't do it, not worth the mental anguish following the earful you will get. It's why I keep my accounts separate ?? from the joint account!

That's what I was expecting from last one but ended up 50% down. Hopefully 2021 will lead to a change in fortunes, especially as I have a lot lower average now so maybe working out longer term. I had to re evaluate my target price following drop in reserves.

HSBC position to reduce from hold. This purely looks to be because share hit their target price of £1.60. Obviously they have not taken into account changing position of global economy and positive vaccine news which will lead to investment in the sector.

Thanks Jiffy Bag. I actually think most investors make decision based upon their own research but there will be a minority reliant on others expertise so may be a small percentage drop.

Good solid week. Whilst a vaccine is approved and vaccinations take place there may be quiet times but medium to long term this share is on the up as world economies rebound and companies and states start investing. Petrofac well placed to take advantage with debt substantially down from the past.

With oil price increasing middle to late 2021 as demand picks up further investment will take place.

Kier is well placed to advantage of construction projects as they come up for tender. The government will be looking to build build build to get the economy up and running again. Can see a strong sustained rebound in the share price with occasional blip over the next few weeks months into summer next year. From there it all depends on what they tenders they can win and the profit margins.

Kier has stream lined so well placed to take advantage and labour should be readily available.

OK bought my last substantial amount before next RNS. Hoping this is a good investment based upon fields company has and the potential to be discovered rather than what is currently being produced. Hoping BoD get their act together and release a good update confirming plans for 2021 and potentially beyond. This will lead to further confidence with IIs getting involved.

JoeSoap, thanks for informed update on fields. Always good to have someone put down their thoughts with actual detail backing it up. Plenty to be updated in December's RNS but let's c how positive and transparent new board are. Fingers crossed

Seriously with down grades in reserves I was thinking a fair price is around 9p-12p depending on the price of oil. Only upside is if there is further exploration success! Have I missed something I should be evaluating?

With the amount I have invested looking at 2 year old fiesta, it won't be replacing my current car ?? need this to be a 10 bagger for anything decent.

The reason why we're invested. Unfortunately previous BoD misled the market so not much love here until management can show they have turned this around. On the positive side an update is due in the next 3-8 weeks taking into account any slippage. This will hopefully be the turn around provided it confirms what we hope.

Early days on the road to recovery. 3rd quarter results may be adjusted but even so with a vaccine in sight, Brexit on our door steps Capita is positioned well to take advantage. Down to the BoD to do show our faith in our investment over next 12 - 24 months.

Really positive day. Longer term I can see this share increasing significantly with the rebound in world economy and need for significant investment in infrastructure.

Positive sale but on the other hand their is likely to be an impairment charge in accounts in December. Still cash is king and is a significant amount which will help in reducing debt. Leaner stronger company for future.

In your opinion what would be a significant premium to the existing price? Based upon current reserves and assets I cannot see a price that I would be happy at until further exploration and updated reserves are provided. I'm optimistic that there are further commercial reserves in the fields that Hurricane has an interest in.

Companies generally take PIs for granted. Year after year BOD salary increases when companies are struggling are approved with little opposition. We can only hope the fund managers investing can make them more accountable. As PI we use our judgement to hopefully get more right than wrong but investing in small companies, new exploration companies is extremely risky but then we hope to get rich soon!
I'm down four figures but luckily down the lower end as only recently invested due to the battering this share has had due to bad management and correction in reserves position. An extremely risky company but potential there to double or triple your money at these prices. On the other hand fully prepared to lose all my money invested in this one. Definitly a more gambling risk in my portfolio.

Feel for those invested in past as the previous CEO looks to have taken investors for a ride with unfounded projections and hopes. Hopefully new BOD can start to steer this company in the right direction.

Correct me if I'm wrong but I believe the company has raised over 872 million dollars in investment and debt. I expect there is significant infrastructure/assets if all else fails so at these prices hedging my bets that there is a return on my investment.