Member Info for kign

comic relief is welcomed in my books, necessary to relief all the tension from holding this stock and built up anger of this management not releasing any good news and only releases bad RNS-es. there's no comment at all with the tuna appraisal, you only hear it from the partners!

rumours were Exxon NS, JX Nippon, then Neptune. all were found to be not true. I think they need to look East where all the current growth is.

hope Tuna is not like sea lion politically:
https://asiatimes.com/2021/10/indonesia-mysteriously-mum-on-china-sea-incursion/

slow and unresponsive management with no RNS so far.

Now with all the news of US/Chinese SPR release, more taxes, anti-competition investigation, they want to wait until 9th Dec?

So 10 straight weeks of US SPR drawdowns (~15MMbbl withdrawn, max ever was ~30+MMbbl in 2011 Libyan crisis and 2005 Katrina), no signs of significant inventory build, US shale DUCs at all-time low, all-time low of CAPEX re-investment in the O&G sector and yet oil price goes down. Well done oil traders!

Lemarc 500p
No fear 484p
Laid-back 450p
Stanley pro 425p
kign 420p
BP.or.not.2b. 409p
Karmakanix 365p
Simply me 433p
SauerKraut. 300p
TheNavajo. 410p
DBNO 0p

be nice guys, alot of us have sweated blood or sweat out there on these fields/behind a PC that belong to HBR now. everyone here in the end just wants to make money.

keep it going HC, another Muppet here ??

thanks nofear, I know loggs is there and you could probably say there is an upside to this as decommissioning will be pushed back further, but I'm not sure if it's ready from day one to directly transport co2 without modifications.

Thanks Soder for the explanation. I'm skeptical that HBR can afford buybacks. Although Acorn was not approved, V Net Zero Humber is. I don't have any details but to transport concentrated co2 gas from these powerplants, etc, you'll need corrosion proof pipelines and gas injection would require quite powerful compressors, so it all sounds awfully expensive just to please some people and these hedge funders won't buy back in anyway.

it's already so cold now, I wonder if we'll have snow down south this Xmas.

wow HC was right! might explain why this share is so dead. I guess this will stick until 9 Dec as there'll be no initiative from management to clear any negative rumours.

If it was so good, why didn't they take up Cairn's share in Catcher?

https://www.spglobal.com/platts/en/market-insights/latest-news/oil/110221-uks-cairn-energy-exits-north-sea-production-in-shift-to-egypt

I don't understand why Linda is so keen on Australia? high costs, limited market now as they can't sell their LNG to China, Santos & oil search has just merged and now only Woodside with lots of crappy assets are left.

maybe someone configured this share wrongly on sets or whatever it is that's controlling the pricing.

- more buy volume than sells. price goes down.
- more sell volume than buy. price goes down
- no action, price goes up a little.
- cycle continues

btw, if EIG shares are locked up, can they still "lend" their shares to companies like that infamous HK based one? if not, you can technically short quite a significant amount of shares and not declare since it's less than 5% of total?

we are all Muppets for getting into this share. it's still not too late for a change of management. I can't feel any drive, no hunger, nor any sense of urgency in this one.

maybe they rolled the wrong head that's why it's delayed.

lol NOFEAR, SK you guys are hillarious!

really shows the ineptitude of HBR management if they rejected Malcy's request for an interview.

I'm even hearing some rumours they are hiring management CONsultants ... serious sell signal if anyone can confirm

Now for some numbers. Share Performance YTD:

- Brent Index: +72.43%
- BP: +40.24% (not bad for a CEO who views coffee as their growth business)
- RDSB: +41.55% (only 25% of FCF for dividends? They can afford more)
- TLW: +72.49% (10.25% coupon rate on 1.8B! No stabilisation notice required)
- ENQ: +113.85% (great deal on Golden Eagle, was HBR sleeping on this?)
- AkerBP: +71.04% (supposedly comparable to HBR)
- DNO: +52.08% (the other one that HBR was comparing themselves to)
- OXY: +87.97% (37B debt!)
- APA: +82.87% (saved by Suriname)
- Santos: +9.49% (high cost, high debt, chasing expensive deals but it's still up)
- HUR: +82.68% (even after announcing reserves downgrade and share dilution!)
- HBR: -4.31% (wtf?)