Member Info for BacchusII

Nice to see Shell and BP I’m going to buy back shares worth 2 and 1.4 billion dollars respectively.
Whilst the debt remains a priory, I would like to see some share buy back as well at anything under 4 quid!

I would have thought there may be a legal case for compensation?
I have no idea and nothing mentioned in the RNS.
Maybe Customer Relations can advise!

Oh dear, who let emotions run wild this morning and sold, tut, tut.

Well that a good move…8.5 percent increase for your investment in one day, so far!

When (probably) the SP drops tomorrow the BoD should instruct a purchase of shares to the tune of at least 100 million dollars!

My opinion of course but at 3 quid I’d buy the company if I could!

Most have filtered the idiot.

Anyone who properly reads (and can read) prospectus, RNS and company announcements will understand there is almost certainly going to be a dividend when YE results 2021 announced of 20 pence (1 pence old money – last time I mention old money prices) per share so long as everything goes to plan.
Minimum I want for some of holding is 5 quid a share the rest I’ll hold till at least 6 quid.

Could the Hurricane court ruling lead to investors reviewing their own instances where Creditors have seized companies in the past by debt to ownership?
Food for thought.
Frustrating to see Harbour down at this level but all good things to those that wait.

I think dividend news not talked up to say to creditors still holding, “No additional cash for you unless you aim to hold much longer term!” So there! Sell up and trot on!

Debt, without a 20 pence dividend, will be down to around 1.8 billion methinks by YE. That saves a further 75 million quid in interest and with a 100 dollar POO who knows. 1.5 - 1.3 billion. What’s not to like?

Actually works out in old money as 36.5 Million shares which would have been above average

What a bargain, consolidation has only lopped off market value of between 300 and 500 million.
Well done BoD couldn’t have done better than betting on the Ascot 4 o’clock.

At lease HBR will top the percentage leader board this evening, lol

Unbelievable…..made worse by PIs jumping ship to TLW methinks.
Still waiting and hoping for a 20% day for HBR, 2 days running lol
Boo Hoo!

Twist

Reckons with a sustained oil price HBR shares are a long term buy and importantly NOT a Value Trap!
I have sold more TLW for 46,000 at 20.65 (including costs) of these.
GLA

Okay technically it dropped by 5.4% but I’d like to see any PI get a trade in at around there during a market open. No way will it end down at that level.

Clearly markets disagree with your poorly conceived and timed prediction.
:o)

Good cash generation during a period of maintenance. I do hope no dividend is going to be issued so debt comes down quicker. Only approximately 50% hedged so benefiting from increase in prices. This share will triple in value by Xmas!
IMO

GLA