Member Info for ahha

Hey are you in Phuket? My oldest friend is in Patong. How come you are into HOC. Ive made £100,000 on this one so far. My finger is hovering over the sell button.....but I wonder if it will get to £6 before a pull back!

4 million bought but onlybone million sold. So why is the share price not reflecting this?

Then maybe £6! This share is looking too cheap....and i guess the institutions are desperate to get HOC in their portfolios for 2026

In the light of recent moves in the share price and the bullish prospects for gold and silver, I can see this getting to £5.75 by April 2026! Its frustrating when there are sudden falls and the share seems slow to reflect real value, but we are getting there slowly but surely! And also bear in mind that institutions are only just getting around to adjusting their portfolios to reflect the value of precious metals. Many will be forced, may I say compelled, to have some HOC in their portfolios, for fear of missing out!!

With a bit of luck and a Santa Rally before the end of the year or maybe during the first week or two of January 2026, we could see £5! That would be "tres, tres agreeable!"

Thank you so much Oricle for your thoughtful response. I see that Clive Thompson on YouTube predicts a possible 2/3 times today's value long term. Looking at the 5 year chart, I certainly believe £4.75 is achievable in the not too distant future!

Yes, ditto, thank you Oracle for your detailed analysis. But can you please explain further the implications of your calculations, so that a financially illiterate, but active investor, like myself, can be convinced that this share is worth sticking with and investing even more than I hold already. in the light of your calculations, what are the financial profits for the future and how do they compare to the projections in the company accounts?

How does this company compare with its peers?

Hi Auson, we go back a long way over the years, having shown a mutual interest a number of shares, Huntsworth, Dignity and others. With regards to RKH, I have held them for many years and am absolutely delighted with my profits having stayed with them through think and thin. However, I still haven't taken a profit! Like you, I feel they have further to go.

This is also my feeling regarding HOC, which I recommend! So far I am well in the money, even though a few months earlier, I was sitting on a £35, 000 loss then they dropped from £2.25 to £1.70. Thank God, I stuck in there! Now I'm sitting on a £30,000 profit! If only I had bought more at £1.70. Anyway, as with RKH, I think this share has further to go...possibly to £4.50 as silver seems to be breaking through its $34 resistance level. I hope to take some profits long before this and dip in and out of the share when there are pullbacks.

I respect your opinion, what is your view?

Why all the buys of 1011 shares (about 25 in number)?

Someone or some institution bought over 750,000

I'm very glad I sold my 15,000 holding yesterday at a loss of £17,000!!! At least I have stopped the rot and saved myself £1500 from the selling price. I will wait till £.3.50 is reached before buying 20,000. If only I had acted when they were £4.50

Auson, my old friend, we go back a long way! What you posted was my fear all along! The budget tomorrow could drive these shares down to £3.50/60. The head and shoulders pattern is clearly in place at £4.50, when I should have followed my instincts and baled out. I am now in a quandary, do I sit tight and lose another £6000 or sell now and buy back cheaper at £3.50? Every time I hold on to falling shares, thinking this time is different, exactly the same thing happens!!

I guess as you are still contributing to this board, you are still holding. I'm 70 now, not sure I want to wait 2 or 3 years to get back to my average price of £5.00

I am still of the opinion that BP shares will drop, in time to around £3.50........I see that previous writers suggest a fall to £3.30. At Around these levels I may consider buying more. But apart from the charts, that seem to give a clear "head and shoulders"signal. I believe that these shares are being deliberated driven down by the US.....especially prior to the US elections, in order to keep inflation figures down! After the elections things might change....and certainly as part of a long term portfolio, this is a decent share to hold, particularly as it pays a reasonable dividend. Anyway, Im not in any hurry at all to buy more, as the short term pattern will be more of the same....a series of lower highs and lower lows all the way down to at least $3.50

Good to see my friend Auston back gain! Interesting to see that you held on to your Centamin shares...I hope they have helped to compensate for the losses on Oil shares. For your interest, I still hold my 100,000 Rockhopper shares.....and fingers crossed they will start to go North soon.

As for BP, as I mentioned earlier today, I have been wrong footed. My usual rule is tat after they fall 15% from my buying price I sell....and 9 times out of 10, this strategy has been to my benefit. But after all my experience, I still make mistakes, I guess no one gets it right 100% of the time. Selling a share at a loss always seems like a defeat!! But if one holds on to a losing share, it can be even more of a defeat!!

For what it is worth, I am absolutely convinced that BP, is heading for £3.50 at least! Most here seem to base their optimism on what the Saudis are going to do and the possibility of the Middle Eastern war getting worse.

I simply consider the falling dollar and the huge head and shoulder pattern of BP, that clearly shows that we are not at bargain basement prices yet!! OK for long term holders, with a decent dividend, they may be worth holding, but I hate sitting on an underperforming share...especially when that money can be employed in shares that have a current rising trend.

I am delighted to say that 25% of my portfolio is in physical gold. And I have also a 30,000 share holding in HOC, which today is a whisker from £2.00. It has basically whipped out the losses I have made on BP. Once it breaks this barrier, I am very confident that we will see £2.50.....and ultimately £3.50!

So, I'm hoping that BP may go back over £4.00 temporarily, so I can get out and put my money into HOC. Otherwise, I'm just going to have to sit on a losing share of BP for the next two years, and collect the dividends.

I am furious with myself for not selling out after a 15% fall from my buying price of £5.30!!! At age 70 will I ever learn??? This share has a clear head and shoulder pattern and will go, I fear, to £3.50. It is at this point that I may buy back in . Thank God my investme t Gold and in HOC shares have cushioned the blow!

I've twigged why BP are going down and staying low. Apart from concerns over demand and the future price of oil, the main reason is that the value of the dollar is going DOWN and it is likely to be devalued further!. As BPs profits are mainly in dollars, this is the reason for the low share price! What do the rest of you think?

Hi, thanks for the info. It's sometimes difficult to get things into perspective , what with the huge loss they had to accept in Russia. Maybe, the current SP will turn around, especially if the oil price remains high. Oil is an essential, almost like food itself....and with high inflation probably for some years to come....oil is not going to get cheaper. I also think that the summer months are not the best months for oil shares....hopefully, things will improve as we get into the Autumn/ Winter months. And the dividend is not to be sniffed at either!

Is the low SP just because of the demand equation, or the fear of what the Labour Government might do in the imposition of a windfall tax on the profits of the company? Sorry to reask this question, but I need some reassurance as I am feeling a bit fearful of what the share price might be after July 4th.

Yes, BP will.make profits abroad, but won't the company be clobbered with taxes? This is my major worry.

What are people's views about the effect on BPs share price after the election of a Labour Government? I had assumed, this is why the current SP has been so depressed in the last three months. But has it got further to fall, or will the share price recovervabove £5 again.? The buy backs seem to have absutely no effect whatsoever. I'm still holding hoping for a turnaround, but will it happen?