If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.
So from RNS it appears Harwood have increased to 14.21% (11.04) and Killik declined to 5.23% (5.65). These I guess are discretionary shares held for whom. My guess is they can be used by Bayford at 15.46%.
This is all theory but the update to calm the markets when the SP went sub 15p reads well. Revenue up by 44%, FCF no idea, profit looks to be zero at best . Debt up but that to me is just forward Capex with hopefully future enhanced profits. Present chaos in the energy markets really should not impact FCRM unless their acting as a reseller from any of the outfits that have gone bust but that's unlikely as outside their remit on infrastructure. Ditches, pipes, cables, etc.
With the Government saying all new houses will have EV capability this could be good for FCRM with the smart metering side of the business. Really no idea how much revenue/fcf/profit this generates.
All theory but see how the 2nd December works out for the SP given the news is already out there. My guess is Turner/Bayford will try again, not if but when, and get FCRM on the cheap and de-list. Offer price. On todays SP my guess is 30p would be accepted.
HC
This was on the 10th June.Name of shareholder Number of ordinary shares Percentage of share capital (%) James Sharp & Co 39,431,562 17.75 Bayford Group* 34,348,981 15.46 Harwood Capital 24,515,000 11.04 Killik Asset Mgt 12,545,716 5.65 Hargreaves Landsdown Asset Mgt 8,879,949 4.00Harwood are now at 14% +
Oh dear Rookie
I offered you my hand, and an end to the pointless banter but you just had to 'bite' me. Why. Is it not better that you stay calm and be happy at todays surge in HBR SP. Why oh why continue to be a bitter and twisted Muppet. What is it your trying to prove with your own rather long boring response. Come on dude grow up a bit ok. Keep it up if you wish but why oh why not choose the easy option that better suits your intellect and don't read my posts. Its easy, really but believe me when I say I have lots of free time to write this stuff.
Hi Dozer
Not sure we have met before but 'hi' and thanks for joining the Muppet Brigade. A question. Are you related to the other Muppets or is it your so elated by todays SP rise that you feel you need to vent your spleen at someone who is not on the same page as you.with HBR.
Anyway, lets see if you continue with this tripe so I can respond in more detail. A question. Do you actually have a friend. Mmmm unlikely.
You have a nice day and be calm your in front today.
HC
Surfit
Nope, I'm not Chris Eubank although I followed the same craft when younger at home in Ireland but sadly never won any major prizes just a few scars to remind me of my errors. I think in the end Chris realised, as do I, that words spoken or written can do more damage than a good left hook.
There are a few that post on the HBR thread that kinda push the boundaries of normal chat and need to understand that we all have the right to express opinions. Right or wrong.
Problem with HBR is it is a 'donkey' of a share, bit like PMO but at least then we got a gain in old money. Lets see if HBR pans out. It may but I repeat my view that its too risky for me. Others will disagree as is their right.
Have a prosperous and pleasant day.
HC
Hi Shal
Missed you, but good to see your still around and want to put your two penny's worth in once again. Why exactly, are you mates with Rookie and Baccs, or are you just bored. Let me know.
On the sarcasm bit. Do you actually know what that is. I take your point on Bacc's use of Covid and him not going skiing but he told me weeks ago he was going Alpine skiing so I thought he had gone. I thought then it was a fairy story, and yep it now turns out he never went, hence the Xbox joke. Sarcasm ok.
On the 250p. Yep, I'm convinced your 100% correct the SP will never get that low. My point was, and you clearly missed it, was that I would only consider buying HBR within the 250p to 270p range, and then I would only buy if, and only if, there was positive news flow from HBR management. It wise to read and understand posts before posting a silly response, makes you look like a bit of a dope.
Anyway, wishing you a prosperous and happy day.
HC
Hi again dearest Rookie
Thank you for taking the time to pen a quick response. Unlike you, I have lots and lots of time to respond fully to your attempts at being a smart ass because I live on the other side of the world which means I have time to spare in the early morning to explain to you that your rather childish comments frankly make you look stupid, hence the term Muppet. Its obvious that my worldly comments on all things are a bit above your pay grade.
Anyway, not sure if you want to remain with Baccs in the Muppet Brigade but might I suggest you keep your silly comments to yourself. Obviously, if you wish to keep up the banter with me then feel free to do so. However, please then do not be offended by what I write in response. I hope you have a pleasant and prosperous day.
Moving on to important matters and HBR today. Shocked I am at the SP rise and long may it continue. Is there a reason for todays surge. No idea. Oil price is up a bit so its not that. Could it be that HBR earnings are in $'s. No idea. Could there be good news on the horizon. No idea. I'm sure cleverer posters than me will have the answers soon enough and let everyone know.
All have a lovely day.
HC
Well here we are at Monday again and I'm happy to see that two members of the Muppet brigade took the time to write to me over the weekend with what must be described as the usual Muppet chat, anyway I digress, so let me respond to each Muppet in turn.
Dear Rookie.
Are you sure there is an asteroid going to hit earth because that would be a disaster, bit like the Prehistoric era, you know lots of ice and stuff and maybe the world as we know it would end but at least then you would stop losing money every day on HBR.
Not sure I get the the bit about Trump and his misfits, and my comment as to how that will affect the markets if the Republican Party get back gain the 'house' in the mid terms, which is likely. Can I ask. Are you a MAGA supporter, and do you believe that Trump won the 2020 election, and Chavez who is actually dead for many years, controlled the Dominion Voting Machines and China also 'did it' with 'bamboo' and Aliens were involved and stuff like Qanon. My guess is your answer to all these things is yes, yes and yes. Kinda explains your Muppet chat and infers a very low IQ and understanding of World Events. May I suggest you read some real books and put away the fantasy comics.
On your theory on my ownership of PMO/HBR shares. I don't own HBR shares because I've never brought any. My reason, as I've repeatedly stated, is that HBR are to the risky and that remains my opinion; you may or may not agree. My ownership of PMO/HBR shares is historic, as I've (yawn) repeatedly stated, and is the result of the PMO/HBR merger which basically wiped out 95% of my PMO holding leaving me with HBR. Would I buy HBR shares, highly unlikely but again as I've said before (yawn) if they hit a range of 250p to 270p I might consider buying but only if there was positive news flow that remains sadly lacking from HBR inept management. I hope this fully explains my present position on HBR and stops your peanut brain from worrying that I'm a secret shorter, de-ramper, or Alien, looking to buy HBR on the cheap.
Anyway you have a nice day and please grow a pair ok.
Dear Baccs
I was sorry to hear you got Covid whilst skiing and I hope your fully recovered and again sitting with your Xbox skiing game pretending your in the Alps.
Anyway, I'm not sure if you and Rookie are not the same person. I hope not because as they say 2 Muppets are better than 1 Muppet.
I'm flattered that you read my early morning posts but do you actually understand them. It appears not from your inane comments about de-ramping. Again, and as I've explained to the other Muppet my comments covered many topics. You know, world markets, price of oil, Russia, China, US politics, Trump, and of course HBR SP and its crap management and the lack of positive news flow. What, within these comments, is de-ramping or is it that your just a nasty Muppet because your a sad lonely sod sitting on his ass watching your LSE Screen waiting for my Posts. AI'm flattered.
You ha
Tough week for HBR with the SP still range bound. Hard to see the coming week being much better with oil taking a hit and if it breaks $75 no idea where it will end.
Truth is that HBR public relations sucks. Nothing positive from them to help the SP rise. Even the news on South China Sea gas find, if 100% correct, is left up in the air with MM's having no idea if this is good or bad news.
The coming week could be tough for markets in general. Inflation spiking everywhere will result in rising interest rates, not if but when, and the US tapering back on spend will likely impact Bond Markets with money moving out of stocks and shares as Jeff predicts.
Covid issues in Europe are worsening and I think Germany will follow Austria lead on mandates for vaccines which will result in mass demo's as we're seeing on TV news.
US is a mess. Covid plus roaring inflation plus Rittenhouse aquited spells trouble ahead for the Biden administration with Rep's odds on to sweep the board in mid term elections. The very thought of Trump army of misfits regaining power will tank the markets 4sure.
China and Russia flexing their muscles with ballistic missile tests is unnerving world leaders. Again, if either of these two go after Taiwan and Ukrain markets will freefall.
On a positive note the $ is doing well so companies reporting in $ will do well. Banks + insurance outfits will benefit from upped interest rates.
Looking for BP to drop to 300p, unlikely I know, to be a good buy into petro/gas stocks as against HBR which for me is too risky.
All theory. All have a nice weekend.
HC
NOFEAR
Listen Muppet I'm.going to try and help ok. Nothing what you say offends me ok. I'm a thick irishman and therefore not easily upset. However, when u introduce words like 'dirty' I would suggest your pushing what would be deemed as reasonble chat. Clearly calling u a Muppet upsets you so for now I will stop using such a mild insult ok.
All of that said if you continue to push the limits on reasonable chat I will respond and I will not be so kind.
On the matter of chat and opinions. We all have them, right or wrong, we can express our thoughts. Just because you don't agree does not give you the right to basically cross the line. Ok
This is your call ok and you have a nice day.
HC
Shal
Might I suggest you read stuff before posting. Your correct the article, if true, is out there in the public domain. My comments as related to Muppet (NO FEAR) relate to this persons past posts where the words 'insider' and 'information' are used. Simple explanation that I hope calms you down.
Question on this article. Why have HBR management not flagged this.
Anyway you have a nice day.
HC
I had said yesterday was a nice polite day for posters expressing views that were informative and helpful. That's remains true but sadly I see Muppet NO FEAR posted at 01.34 this morning, obviously doesn't sleep, and that is today.
Anyway, this Muppet, no idea man or woman, felt it wise to push out his normal insults against other posters who offend this oddballs views and insider information. Also added are little mojo's like 'evil laugh', whyyyyy. Again, normally I would ignore such nonsense as its a waste of everyone's time and effort but this Muppet keeps it up and I'm concerned there are mental issue involved so we need to be patient with what appears to be very childlike behaviour 24/7. I'd like to say it's worth debating with this Muppet but that would achieve now't so I wont bother.
Moving on. The content of Muppets 01.34 post may actually be positive for HBR if true because we see no RNS to date to confirm. My concerns are few, but relevant. Apparently this gas find is in the South China Sea. Not great given China are claiming this part of the world is theirs 100%. Russians as partners seldom ends well that's why Putin puts so many Russian Oligharch petro guys in Prison. Lastly is Capex. PMO/HBR have bad histories when it comes to far flung Well Drilling. History tells us that these can turn into big Capex 'money pits' and I'm not confident this Board are up to the task. Anyway, just my views but hey ho may be a good thing for HBR but be nice to see management flagging this.
Last thing on the Muppet, NO FEAR. I'm sure he is fully aware of the very strict rules that apply to using LSE Platforms, and this chat forum. Copy/Pasted - Posting inside information that is not public knowledge, or information that is false or misleading, may constitute market abuse. This could lead to an unlimited fine and up to seven years in prison. - So NO FEAR be very fearful when you post your usual daily tripe ok.
All theory. Have a nice day and oddly the HBR SP is on the up.
HC
Remember that movie with Robin Williams. Good Morning Vietnam. I feel like him somedays but should be Good Morning UK.
Anyway. Good to see HBR recovered some lost ground yesterday so not too bad in the end.
US down and Asia so so at the time of writing. Oil on the slide again and looks like $75 would be a bottom but really no idea. Supply and demand will dictate. Just read a JPM analyst who suggests Gold is good against inflation and will gain big if cryptos should fail. Not sure on that but sad I never brought Bitcoin at $25 a coin a long time ago. Yet another mistake in life.
Board chat was really quite pleasant yesterday with informative posts some if which went way over my head.
Today on HBR. Again no real idea without RNS its hard to gauge where the SP is going but think it will sray range bound until the update. Obviously some are buying pre 9th December and others are selling. Buy/sell volumes look to the downside and end of day SP today could be negative if only because its Friday.
See Biden and Xi at least talking but Russia build up in Ukrain will worry the likes of Nato..worst scenario is China invades Taiwan and Russia invades Ukrain at the same time. Markets would tank big time.
Given.all this bluster from the major nations you would think we had enough problems with Covid. The likes of Germany now in full retreat with a 4th wave of the pandemic. I guess other parts of Europe will have similar issues. Again not good for the markets and the FTSE still.lagging other index's.
All theory of course. All have a nice day.
HC
Hi everyone. Is there going to be a big birthday party with a big cake because I'm not sure where we will put all these 'candles'.
Tryinh a little bit of brevity in what is a really boring day without NO FEAR posting since 3.30 this morning..Guess the Muppet is asleep or talking to his 'insider' to give us all a day end price for HBR. Maybe he will appear at 16.29 so he should be pretty accurate.
All theory of course.
HC
Very impressed with todays trading update. good FCF and profit plus divi so guess re-rating above 100p is possible. Been tough but seems they are now coming out of the bad times.
HC
Well NO FEAR I was truly shocked to see your post today at 03.42. Can't you sleep or was my comment that you sit in front of an LSE HBR share screen 24/7 100% correct and you sit just waiting for my friendly early morning musings and comments. Just so you know, I live on the other side of the world in case your confused why my posts are at such odd hours.
Anyway, thank you for todays message. Very informative and as usual pointless. I don't normally agree with this kind of banter with Muppets as it really serves no purpose but just for you I will make an exception. One thing. Can you please be clever enough to make up your own 'names' when name calling. Using my Muppet tag, that I use against you and a few other sycophant's in your inner circle appears unfair as that's my insult 'name' ok. Choose whatever insult you like my skin is thick, bit like my head.
A question. You still did not tell me why you call yourself NOFEAR. Why do you say such moronic things like 'evil' and 'yeh' and 'son', very odd behaviour. I'm gonna take a guess. I think you sit in a dark room 24/7 and have LSE screens 24 hours a day plus you play a few Internet Games like 'Kill Em All and Night of the Zombies' and these childish antics feed through to your belief that your a 'hard case' when in fact your probably overweight sitting on your ass all day. Add that your likely going blind from 'screen' watching. Just a few thoughts ok.
Anyway, lets move on. Markets clearly upset and down everywhere because of inflation worries and supply issues. Interest rates again in focus and have to rise which means UK bank shares should do well at least. Oil down so more pressure on petro's so how about HBR today. Can't see a reason for it to rise today but with this 'donkey' you never know. My guess is it will drop because of the 'dead cat bounce' of recent days but who knows its still rangebound between 350p to 390p. Breakout either up or down is just guesswork on HBR given the risk/reward but I'm pretty sure my best friend NO FEAR can give us a number for the SP at todays close. He can call his 'insider' (my guess is this is actually Level 2).
All have a good day and lets hope we can make some money.
All theory.
HC
Ji
Good to see your still around.
On the high volume sells. Could this be Harwood or something to do with the RNS on the 12th ref change of broker. Are some with the old broker just dumping their holding as a result.
RNS yesterday looked to reassure a spooked market given the SP dropped below 15p. Did it reassure. Mmmm 50/50 on that but clearly the energy market end seller market is in the toilet and this is making people nervous across the sector but this, as you rightly say, should not affect FCRM. Their basically the ditch diggers and control the infrastructure not the gas/oil/elec supplies.
Big winners in the present energy situation are the established players like CNA who are picking up customers and switching them to their higher tariffs
Debt is an issue but my guess is this is forward infrastructure spend with returns in the future. No different than Capex to build an oil rig for future oil to generate profit.
Anyway yesterdays RNS calmed the market for now and just maybe the jump in revenue is a positive.
Do I trust the Board. No chance with the likes of Turner around.
All theory. You have a nice day.
HC
Kinda agree with Bensi. The stuff that is written on this thread would make a good show. Hard to find such a varied bunch with really some displaying really odd behavior.
If you go to the threads where shares are doing well the chat is balanced and a reasonable exchange of views..Here its just bile and nasty and stupid ignorance from those that cannot accept that just maybe investing in HBR was a mistake. For most it was a mistake but few accept this fact.
We have muppets like the famous NOFEAR who has now learned to cut and paste articles that mean little other than show he sits in front of the LSE HBR screen 24/7. Sadly he has a liittle gang of muppet followers who praise his wisdom and stroke his hair that reminds me of old devil worshippers movies. Why. I'm confused. Normally when you get a good kicking from a share you move on. I did with PMO but I watch HBR to see if there exists a rainbow at the end of the road that may one day give me a little bit back. So far it hasn't happened. Will it. Unlikely, but as they say never say never.
Anyway, today on HBR. US and Asia down. Oil down. Looks like a tough Thursday for the markets and although HBR held up yesterday it remains to be seen if the buyers will sell today. Unlike the Wizard of Oz (No Fear) I can't predict the closing price for HBR today because I do not have 'insider' information like him. My guess would be that its a negative end of the day.
Given there is a poll on where HBR SP will be on the 9th Dec it may be worth while for the Muppets to now arrange a Muppets tea party if their predictions are correct. Alternative is an Irish wake if their wrong.
Tullow oil announced FCF of 100mill yesterday. Not bad given their history. They also said they want partners for their Ghana project so this could be HBR chance to once again lose money in some far flung place.
All theory. All have a nice day.
HC
No Fear
I've changed my mind about your obvious mental issues around your ownership of an odd few HBR shares. Your clearly spirraling into a state of utter despair because this share is costing u money. If your not careful u may be sectioned under the Mental Health Act. Now I know you have few friends but even I don't want this to happen ok. My suggestion is you sell the 5 HBR shares you have to Baccs who will then have 10 HBR shares and let him worry about things.
I'm saying these things as a concerned best friend ok. Nah. Only joking you go ahead and lose it. Muppet 4sure.
Have a nice day.
HC