The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
"And have slept for many many years in a tent"
A lot of Harbour and EnQuest shareholders are in the same position. You're not alone! Stay strong x
Stupmy, the key questions are: Who arranges the ramping posts? And why?
It's obvious it's an institution, but are they a fellow long who wants to drum up private investor support? Or are they a determined seller who need bagholders to sell to on the way down? The latter is what happened when HBR share price collapsed from 500p levels, those posters were screaming how undervalued it was even back then.
The ramping really intensified this time at 300p-320p in December and January, then came the absurd price forecasts of 700, 800p + to reel people in. This con has been playing out with HBR for a long time now, I'm surprised more people can't see it.
Stupmy, you have to remember that for the most part, you're not interacting with genuine private investors on the Harbour board. Throughout 2022 and 2023, this board was flooded with ramping posts from 15-20 accounts, almost all of which were subsequently then banned. Some have been clearly resurrected under new usernames...
AlexTrader0, Kokomo and theancientmarine are obviously all the same person. They only post on Harbour and it is always ramping, never measured, no serious DD, and endless talk of HBR being "clearly most undervalued in FTSE", or "crazy undervalued" and how it's going to double, treble etc.
The exact same things were being said at 500p, 450p, 400p etc.
It's a new year but it's the same old games. I'm long because I'm a speculator of beaten down stocks, not because I think Harbour is a "sleeping giant" or "guaranteed to enter FTSE 100", or any of the other absolute nonsense peddled on here.
Now wait for them to accuse anyone who disagrees as being short :)
Yes well done Anglo team on the token green milestone! We'll just park the abysmal management and 50% share price collapse to the side for the moment to celebrate...
Maybe that's the point...Why pay more for buybacks?
Https://shorttracker.co.uk/
But it is trailing and does not show everyone.
Next week, Beo1 will teach us profit and loss :)
Nice little rug pull today, classic FTSE.
Evanescent, FXPO needs a ceasefire. Not many more years of war, in the pursuit of a now unlikely Ukrainian 'victory'. The only real victors from all of this mess are US and defence companies.
The buy/sell differentiation is just indicative, based on whether the trade was closer to the ask or bid. I'm not sure why everyone goes rabid over an apparent 'buy' or 'sell'.
Every buy is a sell and every sell is a buy.
It was only at the beginning of January that consensus was a March rate cut, now that's fantasy. Even as far back as summer of 2022, we had people convinced of an "imminent cut" before mid-term elections.
The Fed are clearly in no hurry to cut and base their decisions on a literal interpretation of official data. Whether the data is nonsense or not is somewhat irrelevant...
50-75bps of rate cuts isn't going to send miners flying anyway.
BushyTailed, would you still maintain that view if the Fed hikes again?
Every year there is a projected 'shortage' of any given commodity; oil, copper, lithium, silver etc. and every year it's usually another damp squib. Commodities are cyclical by nature thus naturally prone to swings between deficit and surplus, which usually then self-correct.
The incessant OPEC cuts imply there weren't the shortages claimed in Q4/2022 and throughout much of 2023. Supply has also been led by US oil production hitting a record high in 2023, this will likely be eclipsed this year.
The fact you think Mexico is in South America isn't a great start...The same old "undervalued" posts were repeated ad nauseum at 400-500p. I'm not privy to insider knowledge, but the market is now either pricing in no deal as the most likely outcome. Or on closer inspection, investors think the deal is a dud.
"This share price will be a dog until Fres post very positive results"
I don't think we'll see very positive results until we return to zero interest rates. Cost inflation has meant FRES needs sustained c$2,500 gold and $30+ silver to get back to 1000p+ share price levels IMO.
It was the Mag 7, now Mag 5 (Mag 7 minus TSLA & AAPL) that have done most of the heavy lifting for gains in S&P 500 and Nasdaq. Not sure that China policy loosening and stimulus have had much of an impact on US markets, certainly hasn't done anything for FTSE miners either...UK market is finished.
Well done Linda and the Harbour team on another rug pull! Who said you can't pull off the same con twice...Absolute shambles.
"Linda needs to either instil confidence by buying some shares now or give market an update on the deal situation. This radio silence from the IR team is ridiculous."
Are you new here? Linda was selling as low as the 240s last year, and there haven't been any director buys for donkeys.
Harbour Investor Relations department are so useless that if they fell over, they'd miss the floor.
"It was tipped as a bid in one the newspapers a week or so ago"
Was that under obituaries?
If you loved FRES at 1300p then you gotta love it at 474p...
It's gone mighty quiet on here...Has everyone lost the will to live?
No ramping and no vaccine links, something is amiss...