Member Info for gulfharbour

Burren, what "fictional" downgrades are you talking about?
It was the BOD who did a kitchen sink job which destroyed the share price in their RNS only a few months ago!

Fever, totally agree with your comments.
This board is not new anymore and any honeymoon period they may have enjoyed at the start is well and truly over now.
The next HUR update will probably be decision point for me on whether to continue holding based on a cohesive company plan, or whether to cut my losses.

I do not buy the doom and gloom merchants who point to very, very early indications that the vaccine might have lower efficacy on some strains - this is still to be determined and will only confirmed or refuted when the correct data is available.
What has always been stated by acknowledged experts like Chris Whitty is that the vaccine offers little or no effect in the first days after the jab is administered, however the protection steadily increases over several months as shown during the original vaccine trials before approval.
Therefore if someone is vaccinated today, they could still catch covid for a period after the jab which is exactly what happened to a friend of mine who had the jab 2 weeks ago and then caught covid from her daughter 3 days after the jab.
That fact that this type of situation could be presented by some people as "proof" the vaccine does not work is beyond me.

Just bought a few more on this mornings dip for my SIPP and ISA.
SAGA is now around 10% of my SIPP holding and when funds become available I would be happy to increase to around 15% if it stays around these prices.
I suspect however that an SP of sub £3 is going to be a permanent thing of the past within the next week or 2.

Div for my SIPP holding arrived this morning but nothing received yet for my ISA holding

I don't see a chance in hell of the dividend being re-introduced in that timescale.
My hopes are that there may be a small div re-instated mid to late Q3 but I would love you to be right!

Increasing POO is very encouraging and if production and watercut stay at similar levels a re-rate should be on the cards.
Apart from poor past SP performance (which is understandable given the "kitchen sink" announcements of late 2020) a big bugbear of mine is that the BOD have not been more active in putting their own money into the company.
If and when that happens it should have a significant effect on investor confidence, but unless they have more skin in the game many people like me will be wondering what they know that stops them from investing.

At any entry price around 4300p these surely have to be a great buy and forget share.
Looking forward to 4th Feb results.

SAGA, IAG, EZJ, LLOY and MARS are my picks as recovery plays with a 2-3 month horizon before any significant upwards movement.
All above are dependant on continued vaccine rollout and covid economic recovery of course.
DYOR etc

And I forgot to mention that 2nd Feb we have the BP results announcement which, along with some positive forward looking statements from the company, might give the SP another leg up the ladder.

If POO can hit these levels with such low demand I am looking forward to seeing how the long term POO stabilises.
2-3 months ago I had expected POO in Q1 to be in the £45-50 range, so for it to now be at $56.58 with world demand at such a relatively low level suggests the doom-mongers were premature about the death of oil.
My feelings are that POO may well sit and hold comfortably above $60 in the next month or so, subject to continued ramp-up of the vaccine rollout, and world oil demand recovery

I had an average just over £5 but luckily was able to average down twice on the journey to sub £2 leaving my current avg just over £4.
This is a long term hold IMHO based on recovering oil prices plus the BP investments into renewables which should help underpin future business as the carbon reduction agenda comes back into focus.
I can't see an SP over £4 in the next 2-3 months but am greatly encouraged by increasing POO, and look forward to oil demand stepping up (along with the consequential BP profit increases) as the world economy picks up which I expect to start around mid to late Q2.

Hopefully land based staff sitting at home are on furlough support to reduce HUR cash costs?

I think long Covid treatment potential is a great shout!
Most attention right now is on vaccine production and dispensing but there must be a very large number of people who will unfortunately suffer long term effects that currently seem to have no useful treatment.

I would expect an imminent update based on previous history however no update appears on the Superdry Corporate Financial Calendar. The next event showing is interim results expected "tba"
At current SP levels I am considering an small top-up but I want to wait for the next update first, especially to see the online sales results.

Hasiba,
I accept that you may have a different perspective from me if you entered at rock bottom prices in which case you have done very well indeed.
Unfortunately I trusted Trice and his rhetoric over the past couple of years or so which at best was rampant optimism, and at worst was pure fantasy from a supposed fractured basement "expert".
From my point of view the jury is still out on the current board who frankly have not been as communicative as I would like so I will hold my judgement for another few months before deciding if they are genuinely trying to turn this around, or whether they have their snouts in the trough.
Good luck to you with your investments.

But Hasiba it only rose from an incredibly low start point after losing 93% of its value at start of year!

I am currently in both shares and am considering a top-up in one of these 2 shares before Christmas.
Does anyone have a strong view on the relative merits of AV vs LGEN over the next 6-12 months?
AV certainly seems to have a much lower current PE of under 6 compared to LGEN at just under 13, however I have concerns over the impact of AV current divestments on future earnings.
Views most welcome!

RDSB fundamentals look fairly strong given the slowly increasing POO and the strategy to progressively diversify into renewables.
I was lucky to buy around the 960's but sold to take some profit at 1275 which I am now thinking was too early.
My thoughts were there would be a downwards correction after the nice rise, but the SP kept going.
I think this is an extremely good bet long term so I plan to buy back when funds available in the next week or so.

I also hope you stay pappalaz.
All views welcome and any particular insight from the inside should be very useful to consider!