Member Info for bonker99

THE IRANIAN REVOLUTIONARY GUARD THREATENS TO CLOSE THE MEDITERRANEAN SEA AND OTHER WATERWAYS

RUSSIA PLANS TO CUT OIL EXPORTS FROM ITS SEA PORTS BY 100,000-200,000 BPD IN JANUARY - SOURCES

So many ducks lined/lining up - it's going to happen at some point IMO.

they'll likely push it sideways for as long as they can (unless o&g blows up then ***gedaboutit) to bore pis shares into their hands.

So, Wednesday then? :)

I'm a simple boy at heart.

I imagine the fundy types are still picking through the bones of the deal, it's obviously big with lots of moving parts.

All I hear is 200k bpd to 500k+ bpd, a massive move away from the UK govt rape and the prospect of pulling in $30m(?? Could be 2x that @ $120??) of top line money every day for a company that's currently valued at just £2.37b - if that's anywhere near the reality then it doesn't get much better than this at £3 ...

I don't know.

Well they're obviously watching - they just pulled her back to 306p 10 seconds after my post lol - clowns

Bullish though ;)

If the intraday action is anything to go by then I wouldn't be at all surprised to see 350p today - it's slow but all the triangulation so far is breaking upwards ...

Billionaires don't become billionaires on their own ;)

SP Bull Flagging nicely so far, WTI edging back up to $74.75 - IWWBOOTOX!

I hadn't even thought of the FTSE100 implications with major funds forced to buy in - well that's not going to hurt at £3 :)

Morning campers :)

Short day today remember :)

That's all I've been doing here for the past year, same with gold over the last few years - I know where they're going so I just accumulated and chilled until the inevitable kicked off.

Aye - no numbers given at all to back up the negative spiel but can instantly pull up a 250p random low price :)

You may get 260s if you're lucky I think but it won't stay there.

Yemen grants free passage ONLY to tankers carrying Russian oil via the Red Sea to the Suez canal

Tee hee

Moving away from the LSE is always the right thing to do - you think they'd see the light and let mcaps rise more than they do but London is so small-time compared to the US, all they care about is ripping PIs by 40x bagging non-existent "companys" but it's a living I guess.

Most people and most money aren't day traders plus of course whether you or others actually do "make more" from short-term trading vs longer-term holding is neither here nor there as the vast majority of people (and money) are incapable of executing that MO.

So, while you can attempt to win bragging rights on here (having just missed out on who knows how much having banked yesterday at 247p whilst barracking long-term holders and whilst I sold my 233p shares from yesterday at 320p today) it holds no sway with regular people, it's just not relevant.

What is relevant to most people is having a sense of security, a steady, inflation-beating dividend and the very likely chance of multiplying their capital over the next year or so - I see no better option for that than HBR and that was before all of the recent news.

Cutting through the usual nonsense from the pros who got locked out because they were flipping for pennies rather than accumulating all year at 220s like moi:

One of the World's richest men, Carlos Slim recently bought 5.1% of the company

They just made a significant gas discovery in Indonesia

The appalling hedge on gas ends in 10 days time

This epic deal makes them a genuine top tier player in the O&G sector

It also drastically reduces exposure to the UK govt dikheads

The already terrific dividend has been nudged higher with the promise of more to come

Middle Eastern activities could send a rocket up the butt of both O&G prices at any time

Trading opportunities will abound because of the volume but IMO, opportunities for a big, ongoing dividend in a rapidly growing cashcow in what I think will be 2024's hottest sector is one you need to be accumulating with a 2-3 year timeframe to squeeze the max out of this.

Super exciting.

Lol

Slicing back in from 302p

Measured trade at my 325p suggestion - I sliced a few - there's so much volume it's very tradeable too but you won't get below 270s from here.