Member Info for BearFoot

Hope

Despite the rebound to 375p were back to drifting down, well under 300p

It'll take take time for 'drill baby drill' to come on line, and the enhanced recovery tech to be fully utilized.

With lack of big news over the coming months I can't see HTG share price rising substantially until later in the year unfortunately, despite wanting it to.

How low will it drift before then.

Not much interest by traders and the wider market in this suggested merger.

Otherwise this message board would be full of commenters by now!

Results on 11th march

Lower oil price = lower polymer prices ?

All large companies have DEI hires these days.

Surely generalists are what are needed for leadership roles.

Expecting slower growth not contraction, so reducing the rate of expansion.

Worth noting that semiconductor sector is only one part of a varied business.

No sooner had I written that post and CB announces a 1 and 2 year cash ISA.

So looks more like the previous ones were withdrawn due to the interest rate change.

Although now the rates are reduced and in line with others a little lower down the table.

Nothing to suggest 'distress'.

Just from observation.

Virgin Money were at the top of the 1 year ISA list for the last few years, before being bought out by Nationwide.

Now they are no where near.

Nationwide have never been near the top so I don't expect that to change.

During the financial crisis a number of banks shot to the top and were paying 2% extra as they were clearly in distress.

As long as they're covered by the FCS whatever, your money is 'safe'.

They all got bought out and paid out the extra 2%, happy days for a saver.

Look at who's near the top now, there's your short opportunity perhaps!

Its all the App banks!

As regards CB its a good sign in my opinion.

Scuttlebutt investing, (observe a company in operation and talk to employees).

Banks needing to raise money often have cash ISA products at the top of the saving chart with the best rates.

For a long time CB were no where near.

Recently they were near the top with a one year cash ISA, suggesting they were raising short term cash savings to support their capital position.

A few days ago the 1 year deal was removed and CB are once again back to only offering 3 and 5 year deals. Suggesting long term savings to match longer term liabilities.

With todays announcement suggesting a 'low' impairment cost and the comfortable capital positon, the lack of a 1 year ISA maybe confirms CB are 'happy' with progress and no longer need to raise short term financing, and are less 'in distress'.

Looking forwards to more normal banking operations later in the year.

All in my opinion.

Last years update showed the company had 'stabalised' but left questions over where the baseline would be.

The share price rose in reponse to that in a short space of time, only to slide right back to where it started after a lack of news regarding material improvement in end markets.

After this update I prefer 'solid' as the key takeaway. In that the share price at this level offers good value based on solid revenue and earnings. A material improvement in end markets should produce a material improvement in revenue and earnings and a material improvement in the share price.

This is a buy and hold in my opinion.

A good trading update for 2024.

Solid revenue and Earnings with a hint of growth coming into those figures. Debt steady which we may have hoped would have been lower after the financial reorganisations of the last couple of years. But nothing to worry about IMO.

Watching Synthomer on thier 'news' feeds there seems to be good progress with the China and Portugal inovation centers.

The update does suggest there hasn't been a huge increase in some of the end markets. However, with the company now stabilised it does seem they are pushing to put the inovation centers to work.

With the general economic backdrop as uncertain as ever, supposedly waiting for policymakers to trigger economic activity, a solid company is where I'm happy to have my investment.

DT speaking at Davos. reiterated Drill baby Drill.

If so, surely there will be lots of work for WG.

IF the recent audit of WG turns out to confirm the real value to the company the share price sell off will be very over done.

GLA

Great to hear the positive comments to grow the company.

The ambition being to make Serica the largest producer in the UK.

Mentioned at the end of the trading update

https://www.youtube.com/watch?v=hIUgo1TwhMY&t=9s

With the various media updates today regarding a possible change of direction from the UK gov to enable growth.

Are we just waiting for the next deal, and a final capitulation of Net Zero spurred on by DT inauguration.

I agree this is a good company with good prospects and is underpriced.

However, the same is true for alot of companies these days, and some just get cheaper.

The market seems to like a big news story and pump up tech stocks, but not like steady away slowly increasing profits.

The point I am trying to make regarding fracking is I doubt there will be a big news announcment of a huge rise in fracking activity, at least not at the next update. So I doubt a sudden uplift in the share price is imminent. More of a drift as traders and MM's get bored waiting for a big news event to spike interest. If the SP does drop back at least theres a nice divi to collect while waiting.

Have a read of the Investors Chronicle Christmas double issue page 53.

Article about "drill baby drill" not being likely until the end of 2025.

Quotes from HTG CEO.

The news that investors are expecting about fracking wont be until the end of 2025 in my opinion.

Lower lows in the share price likely in my opinion.

Considering the recent share price weakness could have been due to results reporting subdued fracking activities, I suspect it will take increased fracking to get the share price moving up in any meaningful way.

I doubt that will be happening over the period to be reported at the next update in the new year.

We could be waiting until the back end of 2025 for that to happen. So I'm expecting sideways grind in the share price and maybe a drift lower to 200p ish

A very good business overall and looking forwards to increased activity in 2025.

Todays RNS shows that PMG have run out of options to finance north sea O&G development projects.

The company has stated previosuly the financial / political climate made it difficult to secure funding in the UK for big field developments. Having done the design work for the two fields mentioned a sale seems to be the only way of securing funding to get the fields into production.

It is good to see a near term cash boost to PMG which pays for the design work already done, as well as follow on payments should the fields get to be developed.

Its worth noting PMG are not giving up on O&G all together and retain the netherlands assets.

The RNS suggests PMG will be using the cash to increase non UK O&G opportunities, as well as renewables in the UK.

The question for shareholders is, do you continue to hold PMG shares waiting for the next investment to provide upside or move on. Who knows what opportunities are around the corner.

If DT gets in he has said he wants to Drill Drill Drill and Frack Frack Frack in the US to have cheap energy.

Some producers have been talking of increasing exports.

Hope this move up isn't a traders move to beat it down again if the gas price plummets.

Happy with the solid update, if I wanted excitement I'd be into AI tech stocks!

The CEO did say in the last results video 'we dont do hope, we say what we see'.

Consistent trading is good to see with the prospect of free cash flow around the corner and reduced debt the biggest financial stabilizers.

The bigger risk factor is the US election. If DT gets in, with his 'Make America Great Again' campaign a construction 'boom' would be beneficial. The US licensed 'asset light manufacturing' agreement is a good idea if DT wants US based production and puts tarrifs on imports.

A shame the share price has slipped over the last few months, but with the UK budget out of the way and into the seasonally stronger winter period for stock prices hopefully that changes. Interest rates may be a suprise if they dont fall as quickly as previously thought, no matter who the media blame.

I'm looking forwards to a better share price performance over the next 6 months, and 'hoping' for no black swans.

The economic 'doom and gloom' message creates a slow bleed of interest in investing as seen by all the chatter about money leaving the market. With no positive news from the company or economy these will continue to slide in my opinion.