Member Info for Goodmann

Any idea what HE SP would be if this article become reality and POO was trading at $100+ bp

https://www.google.co.uk/amp/s/www.cnbc.com/amp/2021/03/13/crude-to-100-trader-makes-the-case-for-a-spike-in-oil-prices.html

PMO 30p target price was recommended while Brent was at trading $59pb. I expect there maybe a new target price set to reflect Brent trading at $69+pb.

Sorry for type Bladesman.
Just counting the days down for the merger. I would like to think that the SP could increase to 40p+ based on the fundamentals but to stock is so unpredictable and anything could happen.

Also looking forward to dividends in 2021

Come on Baldemans, you should know by now that PMO SP doesn’t follow logic most of the time. There are exceptions when DBNO says sell which I read as a buy more signal instead :-)

Ditto Bladesman.

Thanks for sharing Stevo.

Nicola Sturgeon to make covid lockdown announcement today in Scottish Parliament so that may also help with the upside.

'JUST BUY & HOLD' GLA

Goldman Sachs Group Inc. raised its Brent forecasts by $5 a barrel and now see the global crude benchmark at $80 in the third quarter. JPMorgan Chase & Co. increased its Brent projection by $2 to $3 a barrel and Australia & New Zealand Banking Group Ltd. boosted its three-month target to $70. Citigroup Inc. said crude prices could top $70 before the end of this month.

Hopefully we will have another good day tomorrow. GLA.

Link to full article if anyone interested
https://www.worldoil.com/news/2021/3/5/oil-prices-vault-towards-70-as-the-opec-fueled-crude-rally-continues

Seems like the OneMIllGruop weren’t were successful to close their shorts here. Oils price going through the roof and Premier Oil is doing very well and there time to invest before the merger.

Anyone herd from Ammu and Alfa. I got a lot of negative comments from them when I was saying that PMO is a really good stock to invest in.

4bn tax free profit when corporation tax is increasing to 26% from 2023
China Economy growth target above 6%
Cypress to welcome UK vaccinated tourists from May and soon other nations may follow suit and open borders for tourism.
Brent Crude Oil price edging towards $70
PMO SP target 40p+

GLA

Short but positive article - 'there seems to be little in the way that prevent Brent crude futures hitting $70 in the very short term. '
https://www.dailyfx.com/forex/market_alert/2021/03/04/Breaking-Crude-Oil-Prices-Spike-on-Saudi-and-OPEC-Surprise.html

Sort Article but positive article - 'there seems to be little in the way that prevent Brent crude futures hitting $70 in the very short term. '
https://www.dailyfx.com/forex/market_alert/2021/03/04/Breaking-Crude-Oil-Prices-Spike-on-Saudi-and-OPEC-Surprise.html

I remember when Paddy Ashdown promised to eat his hat, it didn’t end well.

Maybe Sk would like to eat his hat with ‘Gulab Jamuns’.

What the likelihood of HE Dividends this year?

Tomorrow should be a good day.
JUST BUY BUY BUY!

It’s so strange to see Happy recommendation - Strong Buy :-)

POO increase is perfectly timed with the merger.

GLA!

PMO has paid for TD's mistake and now that's in the past. However, the future looks good as PMO will re-emerge as the largest independent oil and gas producer among UK stocks.
“The new company will be much better placed than Premier, with a stronger balance sheet enabling it to pursue international growth and commit to a near-term dividend,” James Carmichael, an analyst at Berenberg, said in an email on Tuesday. There’s also a “very strong board that is being put in place.”

Jefferies Price target of 30p was set when oil price was trading at $59+. PMO SP should be well above 30p based on fundamentals.

JUST BUY & HOLD!

Trends of investing in Growth Stocks (ie Tech or EV) and Defensive Stock (ie Unilever) has now moved on to Cyclical Stock (ie Banks and Oil) and Commodities.

In other words investors are now buying Bank and Oil stocks as world has started to recover from COVID. The current investment trend timing is perfect for the PMO merger. IMO

Bladesman
Point made, now its time to move forward with the NewCo.

Referring the shares that are borrowed and then shorted. I am aware ARCM are in a win win position:-/