On tue/wed news was about massive glut of oil by 2030…then news switched to a price drop in 6 months time….then a counter report today saying despite more oil being turned on…we still won’t have enough. What to believe.? Oil price looking good this week…but Harbour hammered. I appreciate all the expert fundamental analysis on this board….clever stuff…but in my view this share is being played to shake out nervy traders. I am just looking forward to the next healthy dividend with the belief this share will only go up once deal has gone through. All inmho…all the best to you all.
To all those frustrated with J and his fellow actors,
These people are clearly on a campaign to disrupt, mislead, lie and distract. The funniest thing is that they think we care. Just filter them out.
Quite a drop over last couple of days…on low volume…..can’t help thinking that BOA derivatives at play here….a shake out again in my view. All still fundamentally sound here in my opinion….
I am with you on this….they have not bought actual shares….they have bought financial instruments/derivitives…..a repeat play to last time they bought a stake and shorts increased. I hope we are completely off the mark….time will tell….but Long term prospects still great. 👍
I reiterate that in my opinion every time BOA builds a stake we have shorts increasing and SP drops….this is a repeat play…I expect to see shorts increase over next few days. AIMHO and DYOR
I suspect BOA I will be trying to suppress SP again for a major client to accumulate again…..I expect to SP being held down for a while and then a RNS confirming the build….coukd be frustrating in short term
What you read is sometimes what you want to read…..I thought I was being bullish…as always, imho and DYOR
Energy windfall tax extended to 2029
Labour threats to increase this
Shell comments about moving listing to NY
BP being looked at as a takeover target
London losing its appeal to investors - lower valuations
If Harbour wanted to leverage some change to the levy…what better way than threaten to take a big part of their business elsewhere and pay tax to someone else
Relationship between British Government and N sea oil and gas companies is dire.
Labour plans to stop issuing new licenses
The only reason why I think it would be a dual listing is that I am pretty sure EU rules would interfere in taking everything to NY
On a more generic point….I have filtered out a few commentators on this board….I just don’ t understand why anyone would be on this board if they view Harbour is a bad investment…if I was them….I would sell up, take the losses and find a share they believe in. I suspect they are paid posters….
All in my own opinion….Do Your own research….it could happen but who knows!
As posted before……once merger is completed….we will see harbour dual list. European business will stay in London….the rest will go to NY. If they could move it all to NY….they will. AIMO DYOR
Scenario….something to shoot down as this is pure speculation!
1. WD deal goes through
2. Harbour goes for dual listing splitting Harbour Europe v Harbour rest of world
3. Harbour rest of world lists on Dow
4. Slim reinvests his 8% dividend he will receive this year back into buying more Harbour
5. Slim looks at Harbour Dow and moves everything he has to the Dow holding
6. Slim and others make bid for Harbour rest of world
7. All happy and all look to exit harbour Europe if not out already.
What would you do if you were on the board of Harbour?
As an aside if you bought harbour energy today and the price didn’t move til Christmas…you would probably bag 9.2% dividend yield. This is why I think a support floor is near….best to invest as opposed to trade I think. just my opinion….could be totally wrong….please DYOR. Good luck all.
7.2%
I share your frustrations. I am expecting to see another increase in shorts later today….And then further stake building announcements sometime next week. The low volume is not helping here…..easy for the shorters.
I am looking forward to the dividend….which is v healthy….and over time this share will bounce back up in my opinion. It is still a good hold in my opinion…but you need to be in this for the long game to take my stance. Good luck all. All IMO and DYOR
We really need a big volume…3%+ SP increase…to break up from 260 to confirm a support level between 255-260 range. Otherwise danger this gradually drifts lower again and 255-260 becomes the resistance range. In my opinion anyway. DYOR. Good luck all.
With a Dividend yield of 7.3%…..this must surely become a factor. I am of the opinion that the sorting is in sync with someone accumulating shares. Happy with sitting through this sxxxstxxxm with a dividend like this.
We need a strong rise supported by large volume to break back up. IMO without this we will drift back lower with BOTS again selling in small trades. We need this in next couple of days imo.There just appears no confidence anywhere..ftse that is.
Hi NSS,
I am not an expert Chartist either but my interpretation is that from April 23 to Oct 23 we were in a range of 230 to 260….then a gradual drop before spiking up on the mega deal announcement. If the old resistance level becomes the new support level….then I would hope we will bounce back up from the 250-260 range. If not we are back to where we were for the good part of last year…..as if the mega deal is not happening….and could go lower to 220 level. Next couple of weeks may well test my theory! The fundamentals remain sound…..I am happy to pocket dividends for now. All just my opinion ….I am learning a lot from this board. Cheers.
Looking at charts….In my opinion this will drop a bit further…250 - 260 range. If it goes any lower…..then it would suggest that the market is predicting the big deal will not go through. With no debt….good dividend….HBR is still a good investment. IMHO and DYOR. Come on Wales!
Stumpy, I work FT so no time to be a trader. I do see the opportunity to play these shake-outs more smartly….but I am quite content to wait and see it rise over long period. Dividends are good….at the price I bought….so why sell!
Shakeouts ….I see major players playing the market….scaring people to sell with sell offs as per today….then buying at the low….before enticing PIs back in….the repeat repeat.
I am not nervous of big drops…that is the norm…..if the fundamentals are right…just sit tight…the sp will go back up. Harbour will deliver in the next year or so….but it will be a roller coaster ride. All just my opinion.
It is a shake out…..Scare people to sell…..and then buy at the lows. This happens to every share ripe for manipulation by the major players….Just my opinion though. I am playing the long game which carries less risk!
I think that if/once the Winterstall deal has gone through…..then this is when they would consider this…
Other thoughts….if this Share falls into low 200s…..surely it becomes an attractive target…no debt….good dividend etc. and Wintershall deal ahead.
Just my opinion…..we will be on a rollercoaster….and I just can’t see Harbour Board sitting still…even in the short term