Member Info for JiffyBag

Somm,

Re: End of year should see us in farm in/ TO territory imo re Lancaster.'

Much speculation etc.

IMHO if the EPS carries on as is successfuly being done then why not? there are other companies out there whom would imo like a bite of the FB cherry but do not have nor know the data that HUR have.

Will be an interesting year imo, someone will interrupt and show their hand.

The issue is at what price, that is the question?

The most recent short attack partially exposes that interest imo, after all 400,000 barrels a month on average is not to be sniffed at is it?

Which might further explain, why someone wants HUR?

SR,

Thanks for that article, that is probably the most insightful article on the price of oil and the variables for forecasting it ,that I have ever read in a very long time.

Obviously, Opec and Russia will captalise on that position, and the price of oil in the short to medium term before the globe is full of EV's can only go one way by the looks of things.

Prince,

I would love to do that, but interactive investor only allow a 150% limit price to sell , against the current price at time of placing your limit order. This suggests to me, even your own share broker can short or facilitate a shorter to work against you.

Some of the large trades after close today may well be them

MC,
'A short is betting on a lower sp, but not sure how it actually drives the sp down though! Cleverer people than me may know?'

The shares are borrowed principally from a financial broker or whomever by the shorter, sold into the market, when price is higher, then purchased back at lower price from the market. Shorter pockets difference less fees.

So obviously, if the newly borrowed shares represent 1% of all issued shares, ie about 1% of 1,992 Mn , then circa 20m of them have been sold since the 28th Jan. Question is when will they buy back again. Some of the large trades toning may well be them, who knows?

2 new players on the block since I last looked re Marshall;
https://shorttracker.co.uk/company/GB00B580MF54/

Increase of 1.02%, from 0.71% now 1.73%

So partly explains the fall .

Is this what A.Stobie meant by an 'Interruption' at the last CMD?

mornington,

'Then set high sell limits to stop shorters - simple'

Some brokers like interactive investor for example, will only allow a 150% increase over the 'Current Price'

What does that tell you?

New York?

Shed,

Where are you just out of interest?

'who don’t understand the nature of the Lancaster EPS ' says it all really and that includes DSPP Imho.

Has Calamari found a chink in IBAB's armour?, I rather think so.

IBAB your posts will become of lessser value from now on, ie you won't be paid as much :O)

https://www.theguardian.com/world/2020/jan/29/last-battle-of-britain-flying-ace-paul-farnes-dies-aged-101

'Wg Cmdr Paul Farnes was one of 3,000 Allied pilots who fought in the Battle of Britain, considered to be the first decisive battle to be fought entirely in the air. He died peacefully at his home on Tuesday morning, The Times reported. There are now just two surviving Battle of Britain pilots left.'

Only two left now, God Bless Them!

Correction, EPS not ESP :O)

Well put John, today I am very relaxed after that great but albeit somewhat late required RNS, but I am also content as I have said before, to sit and wait this out.

This is the difference /advantage I believe that holders/investors have over short term traders and shorters, imho.

The fundamentals for the long term , ie next 6 months of ESP and a tanker a month will far outstrip the detractors in the long run.

https://www.sharesmagazine.co.uk/news/shares/hurricane-energy-floors-sceptics-with-latest-update

Fact is, a tanker is leaving with an average of 400k barrels every month , so am content and confident to sit the drop out!

AK,
' I refuse to believe that any of the latter has anything to do with operational matters or financial difficulties within the company, because were that the case I do believe that they'd have been reported via RNS through legal obligation.'

Agree.

Re; Summat's certainly up, but we'll only find out what it is when we find out. Personally I think we're in the middle of the 'interruption' which the CFO mysteriously alluded to at the CMD... Even if trade hasn't been actually suspended yet.

Agree, IMO, I actually think there are a combination of factors at play here at the present time.

1. Oil companies out of favour (just for now, not forever by all means)
2. The CA and potential KG factor playing on investors minds.
3. The Spirit Energy Sale Factor and a potential 'Closed Period' if negotiations are ongoing until that matter is resolved.
4. Potential 'Interruptors' playing in the background, ie companies like Ineos and Spark for example, already reported in Media may have an interest etc.
5. Clarification on HUR strategy going forward re Drilling Rig and PJB on Lancaster plus other than already stated in the RNS of 13th December.
6. Bonds, not sure on this one but I think Biffa has more than covered this.

All in all, much going on, so not selling at all, just like DSPP, :O)

Fact is, a tanker is leaving with an average of 400m barrels every month , so am content and confident to sit the drop out!

In other words,

https://www.quora.com/Why-do-many-market-manipulators-make-the-price-of-stock-go-down-instead-of-up