Member Info for Goodmann

Such a strange Share.
When the price targets are set higher then the current SP the SP goes down.
When the price target is set lower then still the SP goes down.

Most of price target are almost double when compared the current SP. The new management need to work harder to attract new Institutional Investors. Or do they want this to drop so IEG can buy in more stake in the company at a bargain price. Who knows!

https://finance.yahoo.com/news/harbour-energy-plc-lon-hbr-052742297.html

This article from 1st June but still a good read. By fully reading the article it’s seems clear that the current SP is not inline with HBR estimated intrinsic value. The article suggests that the fair value of SP is apparently £7.51 - DYOR

I am still HODL here.

GLA

Morning All,

IMO some time in the future we can expect HBR to diversify by investing green energy production. It’s all in the name ‘HarbourEnergy’ not ‘HarbourOil’

GLA

Can’t help thinking that HBR were happy with SP dropping following consolidation as it gave opportunity for them to award shares on the cheap to Cook and Kirk (as per RNS). Now that director hold such a large amount of share, it also hurts them a lot when the SP drops.

On a positive note the awards are based on HBR entering FTSE 100 so the management needs to pull their socks up and get to work.

Hi Nennyb, I see the £6.20 target based on current data and as the company is paying off more debt whilst increasing production the target can go up to from £6.20 to £8.00

GLA

Morning fellow investors,

This stock easily has an upside of 50%+ based on the companies production whilst taking into account the hedge price of some oil and gas. IMO dividends will not be paid until 2022, I don’t have an issue with this as long at the company is focusing on:
1- Debt reduction.
2- Increase production.
3- Reduce running and maintenance costs where possible.
4- Increase credit availability for a rainy day.

GLA

Nice to see HBR rise. We are still well away from £6.20 target. Anyone buying in now is picking up a bargain IMO, DYOR

GLA

We have been here before in January and we did manage to climb to 32p eventually (with a much small company MCAP). Hopefully we can do it again.

It would be Interesting to see which price target gets the most of the votes.

https://www.reddit.com/r/HarbourEnergyChat/comments/ob01e2/hbr_share_price_targets/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

Agree Bladesman, we don’t have all information individually but every small piece of information shared here forms from part of bigger jigsaw puzzle. HBR could and should do more keep investors updated with what’s happening within the business.

Fellow investors I wish everyone all the best today and hopefully we will see lots of more + in SP due to FOMO.

We need to focus on sharing good quality info with others as we are stronger when we work together. Everyone has the right to share positive or negative information but it should be facts based where possible. Thanks and GLA

https://www.reddit.com/r/HarbourEnergyChat/comments/o9g0lg/harbour_energy_on_track_for_deepwater_indonesia/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

Useful read:
https://www.reddit.com/r/HarbourEnergyChat/comments/o8al0e/rbc_broker_rating_update_for_harbour_energy_plc/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

Greatcrestednewt, I agree the creditors do hold lots of shares thanks to TD. Nobody knows for sure if they will sell up as the earliest possible opportunity. What we do know for sure is that HBR is low risk company that is make lots of £‘S whilst their debt repayments are not due until few years time. With 1 billion credit HBR can possibly start to pump oil and gas the Zama oilfields.

Like many LTH I am impressed by the SP fall last week. Sure the company has hedged some of it oil and gas for a few years. But regardless of the hedge the HBR still benefits for the increase in both oil and gas price.

The SP may have dropped what it doesn’t change the fact that HBR is making £millions profit daily and has managed to pay of 10% of debt over a few month period and also managed to accumulate 1 billion of liquidity.

I am still very bullish here regardless of the short term SP sale going on here. DYOR GLA

DBNO, I have just seen 20. Another wrong prediction to add to the 1000s you got wrong.

Rocky Lee, I can totally relate to your frustration. HBR SP has been going sideways for far too long. I also have a pot of gold invested here. I am willing to give this once last chance till next week AGM before I make my final decision.

Most oilier SP are down today. Seems like the MM are shaking the trees.
BP -1.49%
RKH -3.24%
HBR -3.45%
PFC -3.70%
ENQ -4.35%
TLW -5.02%

We welcome all new HBR investors. AGM on 23rd June should bring us all good new.

Just buy and HODL!

Totally Agree R1. Just have to learn to live with this broken record.