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Oil
Apologies only just read your attack message aimed at me. Obviously you have little to do in life other than pick fights with other posters and vent your spleen. Not sure I understand your reasons other than my comments on the low of 285p that you told me and my comments on the coming week for HBR share price and would we hit a new bottom which would obviously be below your stated low of 285p. Again, given my rather bland comments I din't really understand your obvious rage but never mind your words are out so I will respond.
For a long time I've noted the nastiness on this 'board' and suggested its a bit OTT. The main culprit being you but to date you had avoided targeting me. That's now changed. I have no idea if your a PMO or HBR investor, its hard to fathom because your commenrs range from ignorance to plain stupidity. My guess is that your a lonely angry person living alone who just posts stuff because your life has no meaning so you express your unhappiness trying to get recognition from other muppets on this 'thread'.
Anyway, said my bit so you just have a nice day and lets see what this week brings. Oil/gas up so will HBR rise again.
HC
Jeff
I'm not sure on interest rates but inflation will dictate that. Forcasts of 5% by year end for me will push world banks to lift rates as in some countries already. My guess is 1% by mid 2022 as the benchmark interest rate with more rises to year end 2022. On that basis bank earnings should improve with improved divi's. Will it affect the likes of HBR. Not in the short term but unless they clean up their debt it will impact future borrowing.
Others note hedge expiry on oil/gas for HBR. That's correct and any new hedge deals should see improved margins but its hard to see clarity on FCF with all the legacy issues in play. Be awhile before the markets accept HBR is somehow a better petro/gas play than the likes of BP/Shell.
HC
Oil
No idea if HBR will hit below 285p which u say was the lowest. Just an opinion that without positive RNS the decline may continue. Below 285p, again no idea but these dead cat bounces give false hope. This is a highly traded stock which infers day traders who aren't renowned to care much about the merits of a company. Bit like 'short' holders just after quick profit but both distort the narket perception of the stock they target.
Personally I would not average down on HBR at these prices. 250p to 270p just maybe but I would need to see more clarity on their accounts before doing any trades. Risk/reward on HBR is still too unbalanced to the downside. Anyway new week on Monday and 4sure I don't have a crystal ball so see how it plays out. If we get yet more bad RNS then the SP will get hammered.
HC
Yet another bad week for HBR shareholders. Is there any future for this share or will it remain possibly one of the worst in the petro/gas sector. Hard to see upside with oil/gas ever higher but this shareprice dropping again after yet another dead cat bounce that excites many here.
So we had a conference presentation that few here knew about but clearly it was not well received by the markets as the share price continued downwards. Any positive RNS. Nope. So another week passes and we're back at 17p old money.
Markets ended on the up with Evergrande paying off a due Bond payment but other juice payments come due in days so could still be a problem next week. Earnings on banks both here and in the US beat forcasts and with interest rates imminent their profit will increase feeding thru to higher divi's so a good bet when compared to HBR. That said it seems nearly anything is a better bet than HBR.
Next week could see a new bottom for HBR and here is me thinking 400p was in sight. Nope.
HC
Miles
Come on dude grow up a bit. Here was your stage. I and others just asked u for info on the Conference that as others note was not really publicised. HBR normal approach to share holders is we ain't important only the lenders get the Board attention. Ask yourself why we're dealt with such disdain.
Lets get real and losing money ain't funny but your just picking fights for no good reason other than ego.
HC
Miles
A question. Without being obvious given your view on HBR was there anything in the conference presentation that you could say was 100% positive in respect of the share price or was it just techy stuff. I know your gonna say listen to it but I've tried and the link ain't working so your thoughts would really be appreciated. Many thanks.
HC
Sorry Jeff. I should have told you I was a Martian. Used Bezo's spaceship to return to earth a few times so I could post here and be called a 'shorter' and a few other names. used to be in Startrek but left when Shatner said he was joining the Bezo's crew.
Onwards and upwards. Not sure who actually said that was it Superman.
HC
Just for Plebb's because I know he's interested in this worldly stuff.
Evergrande made an $83million Bond juice payment yesterday within the 30 day default deadline. This has calmed the markets a bit for now. Will it affect the HBR share price, very unlikely.
HC
Plebs
Meant to ask before. Do you actually own HBR shares or are you like me a relic from the PMO days. It's hard to say from your ramblings if you really own HBR/PMO shares or whether you just post here because you have nothing to do whilst sitting in a dark cupboard under the stairs.
Just my thoughts but have a nice day.
HC
At the end of another day HBR still in retreat. What closing price at Friday close. Will we continue going backwards as oil/gas prices move forward.
Plebs
Sorry u were late reading my message on Evergrande (yawn). As I said flogging a dead horse but factual all the same and like it or not its certainly upsetting the markets. Anyway, where were you all day, don't tell me you got your job back at the slot machine arcade on Blackpool seafront.
Not sure Jeff is to bothered where I live but feel free to tell all. Is it S****horpe, Mars maybe, or the Moon, or in fact a HBR platform in Argentina or some far flung shore.
Sarcasm is always a useful tool.in debate but be careful it sometimes bites you back. Anyway Plebs you have a nice new day and keep the faith.
HC
Pleb
Not forgot Evergrande but pointless flogging a dead horse looks pretty certain now that Chinese property market will implode. Would add that Chinese investment in property deals is huge. Specifically London where they are in a hole for over a billionĀ£ on land they brought outbidding all UK developers. Most if not all of these pieces of land is now shutterd so kinda shows how the problems from China spread.
HBR today is again painful for those who brought post consolidation. What number will we hit by Friday close. Anyones guess but best avoided for now and I'm thinking the next RNS may not be good news given the volume selling. Only my thoughts I don't have a crystal ball.
HC
Well it could have been worse yesterday but still no idea when or if HBR will get to the magic 400p (20p)
With oil/gas back on the rise and increased US drawdown on oil reserves its not surprising but again HBR reaps no benefit. Why.
Reading yesterdays posts its obvious some are continuing to express their anger about HBR poor performance at others who maybe say things, right or wrong, that don't play into the theory that HBR is a 100% winner. It ain't now and is unikely to be anytime soon. There is no basic reason for HBR to still be sub 20p in old money with oil/gas prices now at 7 year highs other than the risk MM's attache to HBR. Its time investors here kinda accepted this fact.
It appears day trading HBR may work given the wild swings in the share price. My worry is if you buy low expecting the rebound you may get burnt if HBR issue one of their usual negative RNS. Be nice to read a positive RNS for a change.
All theory of course but lets see what Thursday brings.
HC
Well yesterday was another painful day for HBR shareholders. Will today improve given oil/gas prices ain't weakening and there is no good reason for HBR to not rise other than risk/reward scenario.
Jeff
The crypto Yuan has been used for a long time and basically its controlled by the Chinese Government and can't be speculated as its linked directly to the Yuan. Is it in fact a crypto or just a way for them to ban Bitcoin and other crypto's outright. There exists now a blanket ban on the population trading in such assets with outfits like Binance forced out . Daily life and spending here is now virtually paper cash free with 99.9% have 'crypto Yuan wallets' on their phones. Use the trains etc and its just taken from the 'wallets'. Shopping is much the same and since Covid the population touch nothing if not necessary, that includes paper money even ATM are now kinda off limits. Guess all countries will follow this example to control cryptos but not sure its not to late given Bitcoin rise of late.
HC
Shal
Its hard to respond to gibberish but I will try. So now your theory is I'm a 'shorter', presumably on HBR and I got burnt. Oh how I wish I had been clever enough to short HBR because my guess is I would have made money. As it is I'm a old PMO shareholder and I certainly got burnt but as I keep repeating I'm a big boy now and I took my losses a long time ago. I will add again that I'm an optimist as far as HBR goes so lets see how it pans out.
Have a nice day.
HC
Pleb
Not sure on your intent but happy to oblige if you want to debate like a muppet. Getting personal is always an error in my judgement but hey we all have the right to say as we please as long as its not offensive.
Have a nice day and please relax a bit.
HC
Miles
Wrong side of the world so I'm up 6 hours before you so I can read yesterdays posting and comment. Not stressed at all gives me something to do and hopefully all input, good and bad, looks to help everyone.
Epiphany
Calm down a bit. Clearly your not the smartest when it comes to world events like the Evergrande problem that looks to be the start of a property meltdown in China, and in turn most of the world simply because China has the second largest economy in the world. You ask where I get my numbers and opinions. Simple really. Goldman Sachs and JP Morgan and some pretty good investigations by Sky News Australia.
Just for you I will repeat the facts ok so you don't misunderstand. The property bubble in China, that is modelled on the famous Ponzi Scheme, is presently valued at 70$Trillion, yep 70$Trillion and its suggested it could be higher. This debt is made up of Bonds, Notes, etc, etc, plus good old joe public money. Company's like Evergrande and Prestiguous are only two of many in the property sector in dire straights. These guys, because of China new capital requirements, have been unable to leverage the debt and borrow more money to cover the Bond, etc, payments. As a result their now in default and their credit ratings by the likes of Fitch have been reduced to 'junk' status. Analogy is that its a pack of cards that is fast collapsing and the repercussions will be felt far and wide across the world. Percentage on foreign Bond's, etc, is estimated at 30%. By comparison the US sub-prime collapse in 2007, that saw the demise of Lehman Brothers and a few others, involved only 23$Trillion in that Ponzi Scheme. Difference was US banks and Government acted swiftly but it was still carnage across world markets. Xi is not riding to the rescue he wants them to fail is my guess then property ownership will fall under the control of the Chinese government.
You may ask how I know all of this stuff. Simple really. I live here.
Have a nice day but do calm down a bit and keep your eye's on world events and understand them before having a little tantrum.
HC
Ah well yesterday was not so bad but 400p was not breached. That said it appears the back of a fag packet analysis was out in force with varying issues from the 500m new debt to existing and future HBR hedges, etc, etc, etc.
I know everyone here wants to win on their bets on HBR, me too, but lets get a bit real and wonder why we're still at sub 20p in old money. We did better than that when oil/gas prices tanked to multi year lows. Then the share price range was anything between 20p to 33p so now we're at multi year highs for oil/gas why is the HBR share price still in the toilet and not following the same oil/gas price pattern upwards at pace. Come's back to how the MM's view HBR on a risk/reward basis. It could actually be a hangover from the PMO days when investors got virtually wiped out by the reverse takeover by HBR. You know the fable 'once burnt twice shy'. Or something like that .
On HBR present tax position. Yep they inherited a huge legacy tax break from the reverse takeover of PMO, main reason for the deal going through plus the deal enabled existing PMO share holders to be thrown to the alligators. One thing in life is for certain, death and taxes, so HBR benefit hugely from the mistakes of PMO Board and the losses to shareholders. Will HBR ever pay taxes, unlikely, but first they need to make real profit not the smoke and mirror numbers they spin out that most here seem to believe. Question is do those believers here actually understand what HBR Board spew out in the financial updates. Clearly the MM's do so it remains 'buyer beware'.
On the new 500m debt line at 5.5%. Again a bit of smoke and mirrors on the allocation of this money but clearly the 'arrangers' got very well paid and the juice over 5 years is huge. We live in the days of cheap money that is freely handed out to solid companies at very low rates so HBR 5.5% juice ain't cheap so logic follows that HBR are not viewed as a solid company. Anyway, debt is debt simple as that and lets just hope with all of HBR other issues the projected FCF is not eaten up with shareholders getting nowt.
Looks like the Chinese property market is now in freefall with Evergrande and other major sector players all in default on Bond payments. Worst case scenario is that the whole sector collapses and is taken in-house by Xi and his cronies, basically nationalised. Lenders across the world would then get zero with the estimated debt bubble of 70$Trillion, a lot of money. By comparison the crash of 2007 from US sub-prime debt was 23$Trillion so one third of the Chinese Ponzi Scheme. 2007 saw the fall of the likes of Lehman Brothers and other gold plated institutions. If the Chinese property market falls then the markets across the world will tumble. Worth keeping an eye on these developments because it will impact every part of the Chinese economy and if China sneezes we all get a cold (ok up to now its only Covid)
All theory of course but lets see if HBR breaches 400p (20p) toda