Member Info for Beerbull

Clearly Members reminding us all day in day out how far pmo has fallen, is clearly not improving sentiment. Maybe you should change your tact & more positive posts might have a positive impact on the sp. Constant moaning about how far this has dropped & now zero institutional investors.., c’mon mate please give it a break. It might work. ATB

No really just matching POO.

Just under a quid, fingers crossed it can break & build in the noughties:

If their is any correlation between 2018 & 2019 other than both pmo & enq being in far better shape is their is plenty of upwards volatility to play out...

Rising tide lifting all oilies this morning.

Yeah frustrating, but this could blast off, patience... seriously if you know a better med term investment, please let me know..,

Fair enough fcf, just that Scotman poses the question & I guess he now has some answers. End.

Scotman, all the info if your truly interested can easily be researched. I recommend advfn if you can read through the bilge (like here) there is plenty of info out there. Along with SXX (although I sold a big chunk) I believe there are close comparisons between the two, except HUR is debt free & on the final leg to foil. I also believe the BOD is impeccable run by a geologist rather than a financier over here. HUR is his life , bit like CF & sxx. Also their commodity is known & as we know there is a ready market for Brent, versus poly which although looks good, is having to build its market, Finally, you may grimace, but HUR Is heavily backed by VC’’s not PI’s which has largely been the case here. If they are true to form crystal amber will be looking for an exit & I don’t think HUR will remain independent for too long once the assets are fully proven. HUR have already farmed out part of their acreage to spirit energy ( subsidiary of Centrica). Assuming all goes well & as far as I can tell they are exceeding expectations a major (bp) imho will takeout HUR , as they will buying a neat package with currently 400m barrels of reserves, (conservatively valued at 3.2 bn usd, which could likely double assuming drilling programme all goes to plan). Personally HUR has helped to bail out the losses I have made on sxx & I am expecting more considerably more. Keep an eye on the SP on HUR over the next months, I am more than happy to eat humble pie if I’m wrong !

Having said that rusirius, I wouldn’t underestimate the influence of having JPM arranging the ongoing finance. If funds are to be raised at a reasonable cost, it will be part of their brief to manage the sp. if the sp tanks further it won’t be a positive for the bond raises. Although I’m mightily cheesed off with our Aussie financial wizard, at least he has JPM supporting his vision. In my opinion ignore all those saying the sp will be this or that in the medium term, still too much to happen & to be executed, just keep fingers & toes crossed that their are no more nasty surprises down the road.

Correct sdow, but it keeps the sp under the cosh.

Do you think AB would have bought millions of additional shares both personally & for his charitable trust, if he didn’t think the company was solid ? Hard cash, rather than talk, is the ultimate measure of where the ultimate insider sees this co heading.

Moi stupid, interesting...

Up 9% yesterday & up again today. FFS what more do you want, when rest of the market is soft...

Cheers Rocklawn, thanks for the confirmation. TD has plenty of incentive to get this SP moving upwards. More than all of us put together plus !

Talking about skin in the game, anyone know how much equity TD owns or holds through family trusts. ? I read somewhere approx 30m shares, but if anyone can elaborate. Thanks

Agree with you laidback, if anyone knows a better investment...

When there are more buyers than sellers price goes up, but there again for every seller there’s a buyer...

Good article on Bloomberg. Basically analysts see Brent supply tightening with OPEC tensions etc. Only neg is US/China capping it. Looking bullish...

Who would buy Centrica with Corbyn on the radar ? Anyone remember Railtrack, that ended well.

When you consider that the FTSE is only marginally higher than it was nearly 20 years ago, I would argue that there is an abundance of cheap stocks to buy. If you adjust for inflation, in real terms the FTSE is circa 50% cheaper than in 2000. PMO is only symptomatic of this fact. I’m not surprised that Buffett whose main investments are US co’s is taking a closer look at the UK market.