Member Info for Harrycash

Jeff

Kinda agree. My timeline differs to you in this part of the world but from here things ain't getting any easier. Seems like a false dawn in the markets and things could remain volitile for the rest of this year and early next. Unlike Europe and US this part of the world is still in the eye of the storm as far as Covid goe's.

HC

Well it could have been worse at least HBR finished above 350p.

Next week could be choppy again given Evengrande missed another payment deadline and the Chinese Government look to be sitting on the sidelines with enough problems on power outages and Covid cases on the rise. If China hiccups expect all markets to struggle. Add in the US squabbles on debt and stimulus could indicate a tough week ahead. UK has issues with HGV drivers plus supposed fuel shortages. Utility bills on the rise plus basics on the up.

All of these issues are upping oil and gas prices so petro's like Shell and BP doing well. Even good old Centrica SP is on the up with obvious improved profits likely. The one laggard across the sector appears to be HBR so my old question comes back to haunt me. Why. Simple answer is the MM's do not believe HBR is a safe bet to invest. Many, like me and others here, got burnt on the PMO gravy train and it may be that the wiser MM's see similar risks.

HC

Shal

Yeeze. Another one.

I didn't say I wasn't interested in HBR of course I am if I hold shares be it PMO or now HBR. Am I as interested as you. Obviously not or else I would do as you suggest.

As for posting. It gives me something to do and I thought the whole point of debating was to get info and points of views from others that own PMO/HBR shares.

Question. Why do you post here? Is it because you own PMO/HBR shares or is it because you also have nothing to do but watch the HBR shareprice and vent your spleen at other posters that kinda deflate your ego.

You have a nice day and as with others just calm down a bit as today is already painful enough.

HC

Thanks for info.

HC

Lemarc

Thank you.

HC

Miles

Yeeze you guys on this post are a bit paranoid. I thought my question was pretty simple. Gas v oil percentages on HBR so why oh why get irate. Unlike you I'm not a HBR believer. I just hold an overhang of shares from the PMO days. I don't dig into HBR numbers because in my opion most of it is smoke and mirrors. Obviously you and others do believe the numbers so my question remains. Whats the gas v oil split on HBR production.

Have a nice day but do calm down I know owning these shares is stressful but try and stay balanced.

HC

Been an odd week for HBR. Monday spike and since in the toilet. Friday is normally a witching day for HBR and with oil price slight retreat how will HBR end today?

On the Tolmont electrical problem..is this HBR. Differing posts are confusing.

We've all said with oil at 70$+ why is HBR SP not doing better. I assume the same applies to gas which is at record highs. What percentage of HBR production is gas v oil?

HC

It's clear emotions on this post page is getting the better of some. HBR share price fall over recent days after the sharp uptick on Monday has upset those invested and rightly so but this share is extremely volatile and its hard to see that changing. Others have pointed out that when oil was 20$ a barrel HBR was at 20p + in old money pre consolidation. Oil is now 70$ + a barrel and we're at 17p/18p in old money. The question is why and the answer is pretty simple. HBR is viewed by the market generally as to risky with negative news flow. Other's here can spin it however they want with fag packet analysis but facts are facts so beating the drum for stellar returns may never happen. Hands up if I'm wrong but history suggests otherwise.

All of that said I hope the HBR share price rises so you can all make some money but I would strongly advise, for now at least, to not throw yet more money at this share. If we get down to the 300's then just maybe its worth a punt for those so inclined.

HC

Ji

Sat on my hands waiting for the update. No bad surprises so averaged down at 20p with the hope that Turner et al will make a new offer at say 40p. Low ball but gets me out in front if I get lucky. With EV and smart meter boom.my guess is someone will jump on FCRM at some.point.

All theory and this share has been a tough hold.

HC

Epiphany

Not sure why my comments on the US fracking industry caused you concern. It is a fact the shale industry has declined in the last 2 years with fewer companies but stronger survivors using new tech to extract oil at lower prices. However, a new, or likely old, problem is now in the headlines. This being the huge amounts of methane resulting from shaling. It appears this was kinda ignored in past years but apparently a satellite picked up a huge methane plume over shaling fields in ND. Result the Greens are now insisting 'methane capture' must be part of shaling operations hence their costs will increase. Will this bankrupt them. No idea but clearly global warming is taking the headlines and if this methane issue leads to more regulation we may see the end of fracking hence my comment that.the US would then become a nett importer of oil.

Have a nice day.

HC

Luck Counts

How am I trolling which is a method of fishing. I own PMO/HBR shares so not sure what your point is exactly or are you yet another one if these angry posters who reacts negatively to others if you don't like whats said. Right or wrong.

The point of posting is to try and give balanced input. None of us know everything but input from all helps sometimes. It only fails when we start issuing insults.

HC

If it was as easy as debt v FCF this share would possibly do ok..problem is analysis of HBR is all but impossible. Their debt ridden and running old rigs in the NS and far flung places. Capex is a real issue in petro certainly with old platforms with forward spend just maybe paying off. Its obvious PMO/HBR forays into foreign waters meant high risk but good rewards if it worked out. It didn't and these legacy issues plus associated costs may cripple FCF for years and can they survive. My guess is yes but the only.winners are lenders.

All theory of course but just fag packet numbers are pointless
.
One thing to consider is the impact on the fracking industry in the US over the last few uears and certainly since Covid. US companies in this sector have dwindled in numbers most going bust because production cost per barrel is too expensive and they lost money. Remember when oil went minus $20 based on just storing the stuff. The fracking survivors in the sector have new tech that has dropped production costs massively but now the Greens are monitoring the greenhouse side affects with methane being the main problem linked to climate change. This could see the demise of fracking and if so the USA becomes a nett importer of oil again. If this happens oil like Brent will keep rising. Good for HBR given their NS presense.

HC

Once again we're going backwards after the excitement of the gain on Monday. Without wanting to depress others its clear HBR are at the mercy of the MM's who appear to see this share as only as good as a day trade. Fundementals are unproven so its only worth what its worth with risk v reward in the negative. Hard to disagree but I was hopeful with the oil price rising HBR would continue upwards but sadly my optimism was flawed.

Clearly some see this as a buying opportunity but not for me I've taken my losses to date and I see no reason to add yet more losses.

All theory of course but this is one depressing share to own. Before someone says 'sell' I will repeat that these shares are hidden in a dark corner to re-emerge in 5 years, or more.

HC

Oil

Like I said calm down its just investing. If we get it right we make money, if wrong, we lose money. Simple as that. Your problem appears to be that you cannot accept a loss which if you've been into PMO/HBR for awhile is probably the case. I admit freely my mistakes and the fact I'm losing money on this share and I would suggest you be honest and do the same.

Simple investing strategy is to have a diversified portfolio of shares that enables you to average out and hopefully be on the upside. If you only hold a limited portfolio and your 'heavy' into PMO/HBR then I would suggest you change your 'game plan'.

HC

I do agree with the sentiment that the oil price will keep rising and for normal petro companies like Shell and BP this is a good thing. HBR less so but I'm happy to look at the positives if oil keeps rising which it will simply because the price of gas is going crazy so those that can change to oil will do so.

I do not profess to understand the smoke and mirrors of HBR finances but history with PMO tells me caution is needed. HBR operate as a cheap petro option so the idea that the SP will one day reach say £6, or more, seems unlikely. That said I do not have a crystal ball so if I'm wrong then good for us all. My history goes' way back with PMO so you will understand my cautious words.

Anyway lets hope the HBR SP gets above the 20p line in old money.

HC

Oil
Oh dear. Once again your not reading things. I said 'weak sell'. Just means I would not be buying 4sure and given we're at old money 17p/18p why would I. This doesn't mean I would sell my PMO/HBR shares because as I've said before better just put them in a dark drawer and forget em for 5 years and just maybe they will then be worth what I've shelved out. I live in hope.

I'm not a footy fan so the analogy was wasted.

You take care and don't take things so seriously. After all its only money we're investing. Anyway, lets just agree to disagree and I do accept that your a fool as you rightly point out.

HC

Oil

Before you join the other idiots read my posts correctly. When.did I say I hadn't lost money or seek sympathy.. i said my money my mistake and therefore my loss so what's your point.

Deramping is a term used by 'traders' to tank a price. Why oh why would I do that if I own PMO/HBR shares which unfortunately I do. Weak sell - they are that 4sure after last weeks update hence the SP fall.

Yesterdays gain of 8%. Yep that was welcome but why oh why are you banging on that I missed it. I didn't and I said I hope it continues. That's not deramping thats called optimism.

If you want to join the other childish pillocks that **** off those that write things you don't like then continue and I'm happy to respond but grow up a bit if you want to debate with me and read posts fully before giving me your witty comments.

All theory of course and with oil prices rising HBR SP may again prosper .

HC

To the double act The Texan and WUSHU

There's always one that has to get childish. In this case two. They just can't stop themselves with the insults and silly prattle. Add that they praise each other. Sad really.

Investing I take seriously and try and tell it the way it is with what I think is a rasonable and balanced opinion. For me PMO/HBR have been a bad investment and my money so my mistake. I don't think things will improve but if in time they do then good I may get some of my money back.

Given these facts why is it that these two clowns feel it proper to air their childish opinons against me and others that don't see the 'rainbow' that they clearly see rising over HBR.

I don't normally engage with idiots. I've been investing for too long and I've met poor losers before and ignored them but for these two self absorbed pillocks I will gladly oblige.

All theory of course and yesterdays rise was welcome but was mirrored across the petro sector. Lets hope it contnues and Morgan Stanley upping oil forcasts to S80 + then HBR may profit. Time will tell.

HC

I'm confused by all posts. No idea who is aiming at who. Can we just stick to the facts. Last update was crap and hard to see things improving. Gas and oils finds are hard to come by. Take huge Capex so the big question is do HBR have the ability and resources. Unlikely but i live to be surprised.

Lots of fag packet analysts 4sure.

HC

Soder

Actually your lengthy post confirms my comments on the stick your head in the sand theory on those that believe HBR, that was PMO, is somehow a great investment. It ain't and your back of a fag packet analysis is pointless. I do not profess to understand the smoke and mirrors numbers from HBR latest crooked management but frankly neither do you. If your correct why are the MM's far cleverer than us not filling their boots with these bargain basement shares prices. Simple. Their to risky and lenders or bond holders, whatever, are the only winners. You wonna keep throwing good money at this then fine but get real with the posts ok. Not everything is rosy in the garden ok.

HC