Member Info for ahha

https://financialtribune.com/articles/energy/87164/rosneft-us-move-may-result-in-unpredictable-crude-prices

Dear Kurgan39, are you seriously suggesting that there is even the remotest comparison, between making an investment in RKH 7 years ago ( when, after the newly discovered oil had been proven and the price of oil was in excess of $100 a barrel.) It certainly made VERY sound sense at the time to pay �5 a share, because no one knew that the oil price would collapse. However, you would have been investing at the top of the market and the top of the oil price cycle! Today we are talking of an investment in the same company....with the same proven oil reserves for much less that one tenth of the price! There is absolutely no comparison what so ever. It's a no brainer. In time......this share is a WINNER!!!!

That is all this is...�.a tree shake to scare the weak, frightened and fearful. Always at the early stages of a major share turnaround......the share spurts giving early wise investors a nice 40% or more profit...�..then the price falls! And then it goes back to the original high....to give mugs a second chance of bailing out...�..then the price may stay the same for six months more...�.then a major hike! I've seen it all before....I cannot be rattled by investors in it for a quick buck......those peddling "dismal stories" with "hob gobin and foul fiend" Let me spell it out for the sheep among our fellowship...�..this share is to be bought and tucked away for at least two years. If you fret over daily gyrations.....you are not worthy of the huge rewards that are to come!

There are signs that the general market is running out of steam. Yes, RKH is having a few down days, no different than many other shares at this time. But there is clearly a rotation of stocks taking place...�.towards the end of a bull market oils take over. This is still a good bet.....and for sure Ralph will be kicking himself a year from now for not mortgaging his house and putting his entire pension into these shares, at their current knock down price! What was it that m' learned friend Warren Buffet used to say...�"love the unloved stocks and buy when everyone is fearful".....nd especially when the fundamentals and the reason for buying is still in place.....never sell!

As for HNT.....I may live to regret selling out of this share. It is looking robust at the moment and the dividend is to be announced in a few days time. Still , I made a really good profit and at least I am sleeping well at nights. A major correction could come at any time.....and I am mostly in cash now waiting on the side lines.

Its been a volatile week! I very much doubt if they will fall below 30p now. And the fundamentals are all in place the...... oil is there. I think by 2020 this share will flourish. And yes, I have no doubt that Trump has engineered an oil rise in accordance with his strategy to promote America and American businessmen. There is some speculation that oil could be �90 by 2020 and remember also that oil shares tend to rise at the close of a bull market.

I held these shares when they were �5.50 and the reason that they rose from that price from mere pennies was that they discovered oil reserves of about one billion barrels! So all that is proven and has been discovered......the only fly in the ointment was the fall in the oil price. I bailed out long before they reached 23p! But I never took my eyes off the shares. They are dirt cheap......and they are a possible takeover candidate. But if Premier Oil finds some finance for them.......we are talking big money in a few years. Obviously this is an oil price sensitive share.....but sooner or later someone is going to extract that oil and the SP will soar. Brokers still think that the share is worth 75p even now.

Since the 30th April 2018 to today RKH has moved from 26p to 42p I hope all my friends on this site did not miss todays rise of 13%......it sure beats Bank interest! I think short term she could go to 50p........another 19% increase is not to be sniffed at.

this was a rubbish share?! I guess they must have sold out. It is absolutely amazing what a few pence increase can do for sentiment! Suddenly every one on here is positive...as they should be! It has been blatantly obvious that this share was far too cheap....and now its time had come. It will most certainly get to 50p in the not too distant future.......but I believe that IF the oil price increases and is sustained......we are looking at an SP far beyond �1 in the next few years. So fill your boots! This share is in recovery mode.

I've been a holder of HNT for around seven years until just recently. But now I am rotating into oil. To all my friends on this site you could do worse that buy a few RKH. Since selling my large HNT holding......I've made over 20% on RKH and I believe they have much further to go. Don't put your shirt on.......but tuck 10,000 to 20,000 away for a rainy day.

No!!!!!!!!!! This is NOT idle ramping! I have held these shares when they were �5.50.........but when they dropped 15% I bailed out and that was a wise move! But I have been watching these shares all through the past years since! My past experience has always been that shares like this top and bust and can take up to 10 years to recover. It takes a long time for the dust to settle.....but they can and DO revive........especially when all the fundamentals are still in place!!! Believe me this share is a bargain! I said �3.00 in 3 to 4 years time. Who cares if it does not reach �3? Even if you double your money you could sell half and hang on for the ride! But why shouldn't it get to �3.00 if the oil starts flowing and the price of oil spikes again? All these things happen in cycles.

Where have all those numb skulls gone that were doing nothing but rubbish this share a few weeks back? With luck they sold out....keep the positive flow going! All those who are repeating their positive arguments for this share WILL be vindicated. Yes the share could fall back again........but make no mistake......with patience there is no reason why we should not see �3.00 again in a few years time, once the oil starts flowing.

I think defensives like energy shares are coming back into fashion. Look at Drax shares......they are up 8% today......and look at where they were back in 2016. At the beginning of that year they were as low as 215 and rose to 376 at the end of that year....a 70% rise. So if CNA from 70% from its year low of 125..........that takes us to �2.00 plus! Just goes to show what is possible!!!

Yes, its great to hear everyone being more positive about this share and congratulations and thanks to all who have posted intelligent, researched and intelligent comments. You are of course absolutely right.....which is why I bought 50,000 shares a few months back. HOWEVER.......sentiment can change just as quickly as comes. Just keep positive no matter what......the fundamentals will not change however negative people get. The oil has been found and is waiting to be extracted....it will happen in time...and you are looking at a five banger MINIMUM in a few years! Potentially, this share has all the makings of a ten banger!!

Was hardly inspired by an article in the FT weekend edition today......mentioning the vulnerability of the CNA dividends. It is really annoying to hear negative comments when every other share seems to be on the rise!

Thanks for your post on the time frame for this investment....it is very helpful. If as you say, oil will be up and running by 2022 that gives us a time frame on which to judge the investment. It is certainly longer than I was hoping for, but having that time frame at least lets everyone know how patient they need to be before we get our big reward! I am sure that as the company nears this date and with luck the oil price does not plummet.......the shares will slowly rise! After all this is just a medium term investment.....4/ 5 years is really just a standard time for most serious investors to wait for a turnaround. Commiserations to those who got in at the top and have spent years watching their investment go down the drain.....but that's what investment is all about. At these levels the share is a good bet!

I hope it gets there! But what is the rationale behind such an expectation? And what do you think the time frame will be? I shall be cracking open a few bottles vintage port if we return to that level again!

This is a comment I read from another chat site......the quality of debate seems to be higher than on here. I hope it gives some of you some encouragement. "I firmly believe that Rockhopper will be taken over this year. The management and Board have had their chance and fluffed it. Lack of exploration during the low oil price era and reserves of larger oil companies diminishing. Fracking does not fill the gap and demand will not weaken for many years - in my view. The Chinese have just bought into Ireland in a j/v. Why would anyone farm into Sea Lion when you can buy the whole company for net cash of about �150m at 40p. Less if you offer shares as I suggested may happen with Premier. All of the positive things that we know about RKH with its proven reserves just sitting there and ready to be extracted. British territory, stable part of world, benign tax regime, massive potential in acreage. Why wouldn't you buy RKH than take on exploration risk? I am a long term holder."

The market makers know there are all us dudes nursing loses.....its a game! They know that if the increase the shares's value to what it should be too soon.......there will be massive profit taking......and grateful investors with loses will bale out or reduce their holdings. So it has to happen slowly. Hopefully back to �2.00 by next year IF we do not have a massive correction in the market before then! But that may not affect this share as much as others.....as people will start looking for value, income ad a relatively safe haven stock.

I have been doing some research only to discover that there are those that think that the price of oil will rise, while others thing the price of oil will stay low. I do not know who to believe. From my own past experience........it is only when everyone is saying that the price of oil is heading for $10 a barrel that it turns around. I know that this time it seems to be different because of shale oil and gas i the US.......but the oil industry is vitally important to the world and I cannot but think that its rise and fall is cyclical. So everything revolves around whether you believe oil will remained depressed for ever or whether it will return to previous highs.