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Hi Baccs
Glad to see your back from sking. How was it in the Alps or some far flung exotic piste. Or was it the XBox game and was it good fun.
Anyway, on your comments and investment in HBR because it's a bit confusing. Do you actually own a lot of HBR shares or just a big mix of PMO/HBR shares or really non at all. Think the latter would be best so avoiding losing money day by day.
Reason I ask. I think you hold zero shares so I wonder why you keep posting inane comments on this chat thread. If I'm wrong and you own one or two shares I still wonder why you keep posting inane comments on this chat thread.
There is a third thought. Your a muppet. Have a nice day.
HC
Hard to accept some posts as logical.
Trying to suggest that somehow HBR is a better bet than BP is frankly nuts. Apples and pears, fine. How about racehorse and donkey thats kinda better with HBR obviously the donkey.. like for like they ain't. BP is a proven petro/gas player with huge reserves and cash pile. It pays divi's and has buybacks. Sure it has debt but they use and control the debt wisely to generate newer assets and increased profit. HBR are the opposite, their debt is used to keep the 'boat afloat' and basically pay the juice to the the greedy lenders and of course feed the greedy Board and management who continue to fill their pockets with no regard for investors. Add that their investment plan whilst oil/gas is at record high's ain't working. Their like the 'dutch boy' with his finger in the dyke.
Other topics. Oil taking a dive with Chinese reserves being released to resolve their energy problems. This will likely impact HBR simply because there are no other positive aspects that can lift HBR.
All theory of course but patience may be the only option with this donkey.
HC
Well the good news was we held 350p and Barclays lifted guidance to 600p+. Add that the oil price has steadied may suggest a dead cat bounce on Monday. Lets see.
The negatives are gas prices under pressure now Putin has said his bit on helping Europe with gas supllies. Really. Think its called 'patting the kids on the head' and telling us to behave or else.
HBR share price in the coming week. My guess is a bounce on Monday then downtrend to Friday. HBR could help us all by coming out with some positive news but they seem content to let investors lose money.
I've said before that HBR being a pretty unloved petro/gas company has an unusually high number of daily trades. Kinda suggests HBR is veiwed as pretty good for the day traders and short positions. Whatever the reasons its impacting long term holders who frankly have every right to be confused and upset. Will things improve. No idea but the next trading update may help, or not.
HC
Oil
Not really just gotta accept it is as you said previoysly a crap share. Risk/reward is just to much to the downsidr.
350p kinda held for today see what next week brings. My guess is more of the same.
Good weekend all.
HC
Plebbs
Glad you enjoy my early morning musings. I have the time to review the many posts on HBR in the early hours. Certainly a 'hot' topical chat forum.
Not sure Evergrande paying another Bond payment will calm the Chinese property market for to long with other players missing Bond juice payments. Its basically the worlds largest Ponzi Scheme that will eventually fail and impact all markets. The Chinese Government will then nationalise the lot and give the population cheap housing/condos at the expense of lenders/bondholders from both China and overseas. Kinda the way Communism works and will please the people so Xi will get the plaudits whilst 'Rome burns'.
Blimey Patpong so you've travelled a bit. Been closed for two years I'm told and even when I went there wasn't my favorite place. Bit OTT. Better options in this part of the world if that's what your looking for.
Ok the serious stuff. HBR..so we dropped to 350p (17p) but no real surprise with oil having a bad day and Shell kinda upsetting investors. Oh to be invested in Shell instead of PMO/HBR. Anyway, oil has steadied so what to expect today. My guess is further pressure on HBR if only because the USA and Asia dropped overnight and its Friday and with no positive RNS for HBR I see little upside but hope I'm wrong.
Any idea's on Fridays closing price. My guess is minus 340p but may hold steady at 350p so a hedged bet.
I note HBR email to a kindly investor/poster who asked the obvious concerned questions. HBR curt response said basically. 'don't bother us we're far too busy making sure the lenders are happy'. Sounds about right.
Who or what is 'Linda'.
HC
Well I have to agree with Oil. His statements today are actually 100% correct. When we were PMO we made money even at low oil prices. Now with what some suggest is a winner being HBR and oil now at close to 7 year highs we're now at 16p old money and falling daily into the abyss.
Now I ain't a scientist but basic math says this share is truly crap. Anyone disagree.
HC
Baccs
So happy to see your still around thought an avalanche got you whilst you were skiing. Mmmm. Today is gonna be a big day for you averaging down on HBR I think. Get your wallet out and buy one or two shares at 350p or maybe less.
Jeff
Not selling. Pointless. Just put these in a dark corner because never say never.
Got to guess Thursday will be tough with oil price in the toilet but with HBR who knows they may go up. Unlikely.
HC
I've been holding this share for a long long time. As PMO then reduced by 95% on the HBR deal that robbed OMO shareholders so my losses are old news and before anyone says anything I accepted the loss a long time ago. Hands up. My mistake.
Now I watch the new outfit HBR follow a similar gameplan with new investors in HBR. Brent at $85+ and we're at 17p old money with little if any prolonged uptick just repeated dead cat bounces. Trade volumes on HBR suggest day trades and short in and out like ferrets. Will this outfit pay off for new investors. My guess is no and this daily grind will will get worse with negative RNS likely, hard to see good news knowing what we already know.
All theory of course but keeping the faith with this dog of a share will never pay off. Divi's and buybacks. No chance. More problems with legacy issues and Capex overspend. Very likely. HBR board telling the truth to shareholders. Never. Pay offs for the lenders. 100%. Big salaries for the HBR Board and advisors. 100%
HC
Another bad day 4sure. Some are saying its the overhang of shares that's causing the SP fall and volitility. Others say its just a blip and HBR is undervalued and not valued by the markets given its potential. Both of these statements appear wrong. The simple fact is that HBR is just seen as too risky with lirtle faith in the HBR setup that only benefits the lenders. Same story as PMO but at least the SP on PMO had its ups. Now we're back at 16/17p old money and what price at Friday close.
Other than the high number of presumably day traders ramping then dumping to make money I can see no way regular PMO/HBR shareholders can make money from this dog of a share. Others will continue to disagree but please explain the upside because I cannot see it.
HC
Well that was once again a painful day in the life of HBR share holders. How many false dawns on this dog of a share.
Even my optimism is vanishing day by day. With oil/gas flying as with every other petro company we're once again in retreat. By weekend what price for these shares. Just total guesswork with no solid fundementals just smoke and mirrors and a board who frankly care nothing for shareholders. I would like to think they would try to give out positive RNS to stop the daily grind. Will they. Nope.
Lets see what Wednesday brings but i ain't holding my breath.
HC
Oil
C'mon dude don't just pick on Jeff. Thought I had become your favorites and was giving me something to do with you and the other muppet Baccs now on my radar.
Anyway. Was yesterday yet another dead cat bounce for us long suffering investors or are the day traders just restless taking their profits?
HC
Bacc
U still on your X box ski game or now off piste. You never told me if you actually own any PMO/HBR shares or u just like our company on this thread?
Anyway nice rise on HBR lets hope it continues and will we see 400p (20p)
HC
Bacc's
Yep we all believe your sking, and you just took a few moments whilst eating cornflakes and I assume a chill out beer on the side of a mountain in some exotic land to have a go at me. No idea why given I thought my comments pretty reasonable. No ramping or de-ramping just thoughts on the coming week. Anyway, your words are said so I will respond.
Not sure why my comments upset you because I find it hard to work out what exactly your trying to say other than jusr being another nasty muppet on this thread. Why do my rational comments on HBR upset you so. Is it because your losing money. Join the club.
Anyway, said my bit and I would suhgest you go back to your skiing on your X Box game but do grow up a bit.
HC