Member Info for dandelion1

Markets are generally all down today, particularly Oilers, and also completely agree that on a whiff of positives here, HUR SP will massively rally; it is clearly extremely oversold/undervalued based on company fundamentals of which we are all well aware, typical markets and IMO, huge catch up here awaits HUR.
GLA

HUR “Forward Work Programme” RNS (referred to in the latest operational update) is due here sometime soon and could well turn out to be a game changer for HUR as a company and it's very much ailing SP/Market Capitalization. Therefore it would be prudent of new management to ensure that it is well planned and satisfies as many investor requirements as possible prior to final publication and thereby, builds confidence here again moving forward. This in contrast to the incredibly strange Kitchen Sinking RNS published last month at the time of HUR's transition to new management will very much need to re-build the lost trust between investors and HUR whose valuation today is at all not a fair representation of company assets, position, and future potential but much more a reflection of the lost trust between investors and old management, and also if all of a sudden a takeover bid comes this year, it will further validate the odd nature of the unjustified Kitchen Sinking, all IMOO.

Good Post/Summary, thanks.

"“We do not expect the upcoming U.S. elections to derail our bullish forecasts for oil and gas prices, with a Blue Wave likely to be in fact a positive catalyst,” Goldman Sachs’ commodities team wrote."

https://www.cnbc.com/2020/10/12/goldman-says-biden-election-win-could-be-positive-for-oil-prices.html

Anything less than double figures will not even fly for a low ball HUR bid here today IMO.

As per CA note, a market pleasing update on HUR could be imminent here.

Hear, hear!

Article from last week, and absolutely zero new information here which is based on on Rystad Energy research on "North SEA" production:
https://www.energyvoice.com/oilandgas/north-sea/272116/hurricane-energy-downgrade-dashes-hopes-uk-production-rystad/

Hear, Hear!

https://www.energyvoice.com/oilandgas/north-sea/264940/hurricane-energy-takeover-target/

Good Point/Post!

https://www.investing.com/news/commodities-news/oil-inventories-fell-by-54-million-barrels-last-week-api-2324690

Interesting take by GS, crude prices can only improve from here with even the slightest uptick in demand.

It does feel as if finally post the ruthless kitchen sinking here, and with new HUR CEO now firmly in charge, things are about to change for the better, positive vibes are beginning to emerge and risk/reward looks good IMOO, also potential for a bid is always there, however, we will only know for sure with emerging company updates ahead.

Saskia, I concur, truly impressive numbers, hope we soon get some kind of formal confirmation in this respect.

Oil has indeed surged in the past few days, and with global supply disruptions set to continue further, POO will likely follow same upward trend next week.

Is that honestly the best your brain can come up with Slift, just saying, and certainly don't want to waste both our times on continuing this, and good luck in your long investments.

And yet Slift is back here again attempting to de-ramp, you are absolutely right sir, "Nothing new today".

Agree, patience is key in all investing and not the day to day market fluctuations. As stated in this trail, "hur valued itself at $383m on their balance sheet - £296M or SP of 15p ish", Arden note has 10p, Hannam slightly higher ...etc. Algorithmic markets of today often either much undervalue or overvalue a company but in the long run value finds it's place, here in HUR, IMO the potential upside is big with limited downside at current levels, I see HUR a a great long term play and certainly a good Buy at this stupid SP, just my own opinion.

"Shorters Are Getting Extremely Nervous", well they certainly should be if they are still short HUR at these crazy low valuations!