Member Info for AlexTrader0

Excellent update. Oilers are down today probably now awaiting the US crude inventories update later today which may possibly show/highlight a 7th inventory drawdown?

“Harbour Energy expects production boost in 2025”

https://www.reuters.com/business/energy/harbour-energy-expects-production-boost-2025-2025-01-23/

All the now planned/announced spending on AI and Crypto are going to require soooo much more energy and interestingly with lot less renewables, do the maths!

ShaunCod £3.12

Bots £3.20

theancient £3.35

NSS £3.45

AlexT £3.50

kign £3.60

“The higher O&G prices rise to (and hopefully stay there for a while) the more cash HBR generates and likely with lot higher/improved margins, simple maths! Additionally, HBR also has excellent organic growth potential within it's present assets.”

Agreed! Now looking at where Oil & Gas prices are heading, HBR’s very lucrative assets and how weak the pound is versus the USD at the moment, I’m pretty surprised the share price is not already at £4+ levels so hopefully we’ll get there plus lots more in 2025, any confirmation of the potential in this new combined entity here should send this flying north big time!

Undoubtedly few more broker upgrades will be on the way for us with even higher PT, clearly so much upside potential ahead for housebuilders but now especially here for PSN.

Thank you PSN Team, Fantastic Update Here Today, Short Squeeze Now In Play!

“Completions up 7%; full year underlying profit before tax to be around the upper end of expectations”

Seen institutional shorters be wrong on so many occasions, it all helps towards a more furious short squeeze, especially if the results are even slightly better than expected, although the increase here was only nominal.

We’re just way too Oversold/Undervalued here for the SP not too significantly jump north on any whim of positives!

Further broker Buy ratings here:

UBS raises Persimmon to 'buy' (neutral) - price target 1,540 (1,790) pence

https://www.morningstar.co.uk/uk/news/AN_1736502489141591000/london-broker-ratings-morgan-stanley-raises-reckitt-but-cuts-haleon-.aspx

Persimmon gets upgrade to 'buy' ahead of next week's trading update

https://www.proactiveinvestors.co.uk/companies/news/1064034/persimmon-gets-upgrade-to-buy-ahead-of-next-week-s-trading-update-1064034.html

What a bargain! Blue finish?

Anything under 350p is an absolute grand bargain today, and certainly so much better than government bonds this year, even in a struggling economy this here is GOLD along with dividends!

A outstanding buying opportunity for a longterm hold here with massive upside potential, particularly for a company of this size!

LONDON BROKER RATINGS: Barratt and Persimmon raised but Berkeley cut

Redburn raises Persimmon to ’buy’ (neutral) - price target 1,510 (1,610) pence

https://www.ajbell.co.uk/articles/latestnews/284052/london-broker-ratings-barratt-and-persimmon-raised-berkeley-cut

Looking at UK housebuilders, PSN is my preference by a long margin, it’s also now clearly way too oversold/undervalued here, and with UK house prices rising for a fourth months in a row and company “Trading Update” due on 14 January things should hopefully brighten up rapidly going forward!

This will bounce back nicely on Monday and lot further as we move towards results, dividends,……clearly massively oversold with markets providing a decent buying opportunity, PSN is the best Home Builder if one’s looking at SP upside potential.

PSN clearly way too oversold/undervalued here, and now with company “Trading Update” due on 14 January things should hopefully brighten up rapidly going forward!

UK house prices rise for fourth month in a row, says Nationwide

https://www.theguardian.com/business/2025/jan/02/uk-house-prices-rise-for-fourth-month-in-a-row-says-nationwide

Petrofac has 'new beginning' after US$1bn restructuring

Petrofac Limited (LSE:PFC), the fabrications group, has thrashed out a financial restructuring that will see it receive US$325 million of new funding and covert debts of almost US$800 million into shares to secure its immediate future.

https://www.proactiveinvestors.co.uk/companies/news/1063349/petrofac-has-new-beginning-after-us-1bn-restructuring-1063349.html?rel=scroll

Petrofac has 'new beginning' after US$1bn restructuring

Petrofac Limited (LSE:PFC), the fabrications group, has thrashed out a financial restructuring that will see it receive US$325 million of new funding and covert debts of almost US$800 million into shares to secure its immediate future.

https://www.proactiveinvestors.co.uk/companies/news/1063349/petrofac-has-new-beginning-after-us-1bn-restructuring-1063349.html?rel=scroll

Shame as existing shareholders have been wiped out, PFC management just wish to ensure their paychecks are on time here while they care very little for anything else!

Now not even worth 4p here IMO.

O&G prices once again gaining momentum here post yesterday’s FED decision, TLW is now just simply way too Oversold at the moment based on fundamentals and Barclays 55p TLW price target set yesterday is very plausible going forward IMO.