Member Info for BaysilHope

Well GTX 1 - just a word of advice - if you don't on them or are short admit it. If no interest f xxx off to somewhere you are invested. I don't want to hear caca torro from a nobody or zero position peep. Thx

By getting pro-active on legal counter claims will stem the Martin Lewis effect. Buy in bulk admin PPI paperwork schmalltz and bog down the deluge - simples, take charge of the situation, will have a positive interface update on the 27th. Importance here is the business model going forward. Spread the £750 over three years I would - send out all kinds of written text and bog down the unwashed ambulance grapping muppets. If there was genuine mis-selling I would not say this. HNY.

Reports suggest that most of the complaints have come from a single claims management company, too, raising fresh questions about the role of shameless ambulance-chasers in situations like these.

Well, well, well. At last recognition of what's in process. GLA

With a broker rating £1.40 Barc & Shore, finances fundamentally intact, legal recourse to spurious ambulance claims from the martin Lewis Hoard, -

Consumer champion Martin Lewis thinks the scale of car finance mis-selling could be even bigger after his website experienced a deluge of cases through a claim tool it launched at the beginning of February to help customers. Since then, more than a million people have complained – equivalent to 30,000 people a day. Describing the numbers as “staggering”, Lewis says the number of complaints is building up more quickly than during PPI. Reports suggest that most of the complaints have come from a single claims management company, too, raising fresh questions about the role of shameless ambulance-chasers in situations like these.

Doesn't apply to Vanq, car loan mis-selling FFS. Down +70p - not clever being massively short here. GLA.

Analysts from Shore Capital said: “Given the scale of the near-term earnings forecast downgrades we would expect the market to be initially disappointed with this update.

"However, we encourage investors not to be too disheartened and look to the sunnier uplands of FY26F (results for the 2026 financial year), when management expects to deliver a significant improvement in profit.”

Analysts from Shore Capital also noted that, having completed its strategic review, the refreshed management team, led by Mr McLaughlin, believes the group has a compelling business plan.

When peeps work out there is no pot of gold, matters will re-balance. Over 6k refunded by 2020. Motor loan book not massive numbers. All this will be off-set in 2024 with lower UK iNt rates. GLA added more at 56.9p. Klazy price - there is no liquidity issue or need for an equity raise - €2bn euro loan raised in Nov 2023.

Gtx1 What is it you don't understand - Quote website which (and has been audited for +3 years with no Auditor disagreement or qualification)

FCA investigation into Moneybarn completed

• All customers potentially affected by FCA findings are fully compensated. !!!!!!!!!!!!!!!!!!!!!!

• Moneybarn have implemented a new set of processes since 2017 to address FCA concerns.

• Moneybarn’s open and cooperative approach has been recognised by the FCA in its final notice.

Moneybarn, the UK’s leading provider of specialist car, van and motorbike finance, today announces the conclusion of the Financial Conduct Authority’s (FCA) investigation into historic practices between April 2014 and October 2017.

The FCA has found that between April 2014 and October 2017, some of its customers were adversely impacted by aspects of Moneybarn’s approach to forbearance, and the clarity of its communication to customers regarding termination options.

By October 2017, the company had amended its processes to address the concerns raised by the FCA which are the subject of the FCA’s final notice. Moneybarn has identified all potentially affected customers and completed a full redress programme during 2019.

The company has worked collaboratively with the FCA for the duration of its investigation. Moneybarn’s open and cooperative approach has been recognised by the FCA in its final notice.

Shamus Hodgson, Managing Director of Moneybarn commented: “Throughout the investigation we worked collaboratively with the FCA. We are happy that all customers potentially affected by these findings have been fully compensated for any detriment they might have suffered. The processes we have had in place since 2017 are clear, effective, and appropriate. The FCA has clarified its expectations of lenders in these important aspects of customer treatment, which will provide guidance for all finance companies within the motor industry. As market leaders in this area, we're proud to set an example for others in the industry to follow."

Quote-Date: 1. 1.1. ACTION Moneybarn Limited (“Moneybarn”) 702781 Bedford Road Petersfield Hampshire GU32 3LJ

17 February 2020

For the reasons given in this Final Notice, the Authority hereby imposes on Moneybarn a financial penalty of £2,774,400 pursuant to section 206 of the Act. 1.2. 2. 2.1. 2.2.

Moneybarn agreed to resolve this matter and qualified for a 30% (Stage 1) discount under the Authority’s executive settlement procedures. Were it not for this discount, the Authority would have imposed a financial penalty of £3,963,500 on Moneybarn.

Car Finance The Authority considers that there are no aggravating factors and that the following factors mitigate the breach:

1) Moneybarn cooperated on several occasions by providing the Authority with additional information and clarification without being asked or required to do so which enabled the investigation to proceed more efficiently;

2) once the breaches had been identified, Moneybarn revised its processes and procedures relating to forbearance and termination including its communications to customers. The effect of these changes was to ensure that a broader range of forbearance options was more frequently offered to customers to achieve greater flexibility towards the length of payment plans to better meet customers’ individual circumstances and reduce their arrears in the timeliest manner possible 25 and, following agreement with the Authority as to the approach that should be taken when doing so, all termination options and the financial implications of each were communicated and clearly explained such that customers received information which was clear, fair and not misleading; and

3) Moneybarn has voluntarily paid redress of £30,349,433 to 5,933 customers in relation to the forbearance and termination failings that are the subject of this Notice. In addition, as part of a wider redress exercise the Moneybarn Group has voluntarily paid redress of £3,117,068 to 200 customers in relation to certain historic affordability processes. 6.23. 6.24. 6.25. 6.26. 6.27. 6.28. 6.29. Having taken into account these mitigating factor, the Authority considers that the Step 2 figure should be decreased by 20%. Step 3 is therefore £3,963,553.

The Authority and Moneybarn reached agreement at Stage 1 and so a 30% discount applies to the Step 4 figure.

This is an Admin sworm not a clean out on non provided Contingent Liabilities. - SP Overdone. IMO GLA

Totally agree, marked down early Jan 24 as a side swipe throw away memo, utter useless. This is a powerhouse combination as it matures. You can't swallow a whale without breaking a few eggs!? Will load up on weakness, US tailwinds will kick in later in the year- on all fronts (Except Trump). GLA

That was the easiest short at £2.76 I've seen in the last 40 years, so obvious - pathetic. cashed in and waiting - as MB states to average down again. GLA HNY. Follow the travel, I'm like a nomad, living in a trailer on this one. Want the divi though, re-enter on the cheap - sub £2.50. GLA

Divi totally within HBR BOD control, if deal delayed or cash tight - INCREASE FECKING PROD'N FFS SIMPLES. HNY. It's that easy, postpone certain maint..

Looks like its heading for 200 DMA £5.22, I did add after initial sell - in the £4.90's , a lot of momentum here and I feel cheeky I added in the US last week, (only modestly) but thank God. GLA - long time coming here - had to wait and didn't like the pre Mkt drop last few days, always makes you think, is there something....?? As with the others - thought this was an overkill mark down after H1 - took Rollins 14th Feb to clarify a better view.

Agreed Gogetum &Leew - fingers crossed. Looks like their US recovery plan has teeth and US Int Rates will decline in 2024-25 so strong tailwinds ahead next 18 mths- hopefully. GLA

Feeking hell - built up here in the darkness - normally get it wrong, out for grub now HNY.

Nitro totally agree - generous tax incentives would be of massive help and consistent with Labour's green policies. Natural fit in my book. DYOR. Drax gets a mega free lunch all the time. Our turn. And HBR has some of the biggest CCS projects in the world. HNY

CCS will become the must have for going green for large industry. HBR is in a game changing position, the AI of the industry. HNY.

Londoner7 - thank you for that insightful objective analysis. Very much appreciated, great work. Bays.

This statement below must be wrong--surely you can't make money in Norway - worst tax system in the world.

Equinor fourth quarter and full year 2023 results The fourth quarter and full year were characterised by: • Strong financial performance • 2.1% production growth in 2023 • Continued optimising of oil and gas portfolio, sanctioning projects for future growth • Growth in onshore renewables power production and portfolio • Cost focus and capital discipline Competitive capital distribution • Proposed increase in ordinary cash dividend to USD 0.35 per share, set ambition to grow quarterly cash dividend by 2 cents per year •

Proposed extraordinary cash dividend of USD 0.35 per share • Announced two-year share buy-back programme of USD 10-12 billion, with USD 6 billion for 2024 • Expected total capital distribution in 2024 of USD 14 billion Equinor is well positioned for profitable growth towards 2035 Key ambitions:

• Stronger cash flow and sustaining competitive returns. Growing cash flow from operations after tax* towards 2030 and 2035 by adding material contribution from renewables and low carbon solutions on top of stable cash flow from oil, gas and trading. • Broader energy. Maintaining high oil and gas production, significant profitable growth in renewable power, decarbonised energy and CO₂ storage.

• Lower emissions. Reducing operated emissions and increasing production of low carbon energy and CCS to reduce carbon intensity. Anders Opedal. “In 2023 we continued to contribute to energy security in Europe and delivered 2.1% production growth. Solid operational performance and cost focus yielded strong financial results and cash flow. We delivered competitive capital distribution, while investing in a profitable portfolio that will contribute to future growth.”

«Equinor is well positioned to deliver profitable growth. We expect to grow our cash flow and sustain competitive returns. We are extending the outlook for stable contribution from oil and gas to 2035. By 2030 we expect material and rapidly growing cash flow from our renewables and low carbon business.” “We will provide a broader energy offering with lower emissions. We aim to grow renewables and decarbonised energy to more than 80 terawatt hours by 2035 and have increased our ambition for carbon storage.

And CCs waste of time - ask Equinor CEO. FFS get a balance view.

On Enq Steveo12 -While I admire the ambition and intent of Enquest/Veri to turn Sullom Voe and the Shetlands into a green energy super hub with CCS and Hydrogen production powered by windfarms, this scale of project would be a challenge for the likes of Shell or BP to fund and deliver. We are seeing BP partnering up with Harbour on the Viking CCS project and both BP and Shell involved in other Tier 1 and 2 CCS initiatives but not SV.I just hope they have a partner lined up with billions to spend on a green dream.

SV has not been selected as a Tier 1 or 2 projects and

How long would it take - and negative cash flow to estalblish CCS. Then how long to set up prod'n hubs - FROM SCRATCH IN +12 other countries. £2.60 fair value is a load of Bollekkks and no appreciate of running a business. HBR have jumped +12 light yrs forward with this.

Significant operational milestones in 2023. Despite a difficult year, WD achieved significant milestones for our E&P business and carbon management and hydrogen activities.”

In Norway, the company recommenced full production at the Dvalin field at the end of 2023 providing significant new gas volumes for Europe. It also secured approval for the further development of the Dvalin North and Maria Phase 2 fields, and 13 new exploration licences in the latest licensing round.

In Mexico, Wintershall Dea closed its acquisition of a 37% interest in the producing Hokchi field, and made a major oil discovery at the Kan exploration prospect with preliminary volume estimates of 200 to 300 MMboe. Together with its partners, the company received approval for the development concept for the Zama field, one of the largest shallow water oil discoveries of the past 20 years.

In Argentina, the development of the Fénix project has continued apace. The production platform for the project has been successfully installed in February 2024. The project will produce up to 10 MMcmgd for Argentina once operational, with first gas anticipated in Q4 2024.

In the MENA region, Wintershall Dea produced first gas at its operated East Damanhour project in Egypt, and took the final investment decision for the Raven west development (West Nile Delta), with start of production expected in Q2 2025. In Algeria, the company closed its acquisition of an increased share at Reggane Nord.

One of the strongest CCS portfolios in Europe. The company also made strong progress in its carbon, capture and storage (CCS) activities.

Wintershall Dea and its partners achieved first CO2 injection at the Greensand CCS project in Denmark in 2023. Mehren said “this was a moment of real significance for CCS in Europe. Taking international CCS from pilot to scale is essential to decarbonize European industry and achieve net zero targets.”

The company ended the year with a portfolio of five CO2 storage licences in Norway, Denmark and the UK, with a combined annual storage capacity of 17.4 million tonnes of CO2 (Wintershall Dea share). That’s equivalent to around 12 per cent of the total emissions from German industry.

Mehren said, “Wintershall Dea has built one of the strongest CCS portfolios in Europe in just a few years.”

“I thank our team for what they have achieved in the course of the last year, under circumstances they themselves may not have chosen. The hard work and commitment of our teams is ensuring that our projects and business units are set up in the best possible way for the future.

CCS in time will be huge in creating carbon neutral and altering the Global perception of HBR - Price Value?? No

Anyone thinking differently is kidding themselves. HBR have achieved that at a good price IMO. Huge geo spread, not possible with UK players. When reviewed in the headlight of opportunity cost, it would take HBR decades to achieve this and that IMO is overlooked. Like Steve analysis is static book-keeping and does not explore the potential this deal brings on so many levels. A TO should not be viewed as a mechanical not static numbers game, the true potential is the skill of the right aggressive BOD. Mexico is prime real estate for starter Kan is +300mboe, bigger than any BP Aker's recent finds. GN.

Thx Nitro182 - great posts will read thru a few times, same there is so many wolves in sheep's clothing on this BB, you would have thought after the BOD playing an absolute blinder - and still the dark side stick like shxx on your shoe. Hope they get hurt. HNY GLA for the true HBR LTH'ers