Member Info for LONGWAIT

'Do not be under any illusions if the next RNS is negative, the SP will go to new lows IMHO, just look at the recent Tullow SP.'

I agree.

If HUR's next RNS announces a slump in production from the EPS and that HUR has acquired about $3 bn in debt, the SP could be in trouble.

I saw it here, among several trades, timed at 9:06.

It has since disappeared.

'... I don't like the idea ...'

(dammed predictive text and lack of proof-reading on my part)

May I just point out that after telling us all to get out of JOG while we still could, about a day before Richard Griffiths took a 9.8 percent stake in the company, Trigger SaysDave rarely makes an appearance there, although in order to save face as the price recovered from 57 to 240, he made a prediction that JOG would be bust within 12 months.
That was in July.
TinDrumGambler, with similarly-impeccable timing, rubbished HUR on Friday and declared how clever he was to put his money in TLW instead.
He hasn't been back here to comment on TLW's 72 percent fall of the following day.
The two experts who back in 2017 predicted that HUR would fall to 16p and 17p respectively never came back here when it didn't happen.
They are scaremongers who get a kick out of scaring serious investors and instead of taking their bait we should filter them, but I don't live the idea of inexperienced posters taking notice of their spoiling tactics.
They remind me of proponents of the Warren Commission's Single Bullet Theory, determined to ruin a reasonable person's understanding of the laws of physics.

Someone bought half a million PVR shares this morning.

Wonder whether it was TOR.

Maybe he thinks prospects have improved.

Yes, Mr. B.

Posters were complaining that Peel Hunt rated the shares at 35p, but they fell to 20p yesterday, and some feel like giving up.

The price has recovered 1p today on the RNS news!

Over on SDX, posters were baffled by the share price falling at one point nine percent yesterday, in spite of an excellent RNS:

SDX Energy Plc (LON:SDX) told investors that the South Disouq gas field has now achieved its targeted stabilised plateau production rate, of 50mln cubic feet per day, three months earlier than initially expected.

Gas has now been flowing to the South Disouq central processing facility since 7 November 2019.
“The performance to date of the CPF and the four wells has exceeded our expectations and, with the commencement of our South Disouq drilling campaign in Q1 2020, we are looking forward to an exciting period of activity in this concession."

Are you using predictive text, wellwell?

By 'dextrose,' do you mean 'dementia'?

No offence intended to either you or Barblebobton/bottom

tindrumgambler
Posted in: TLW
Posts: 357
Price: 138.15
No Opinion
RE: Trumpy dumpty pumpty diddle doo...07 Dec 2019 08:06

Looking at the charts TLW takes time to recover after dropping , this was an especially sharp and sever drop so things aint going that bad .
also doing has convinced me TLW will be back up to 175-200 in the next 4-6months .
obviously great news would accelerate a a recovery. 100k bpd and the carp pond being full of fish.

I'm just as sick of these share price slumps as anyone else.
My guess is that next time the price hits 60, if I finally top slice (which some smart people here have been doing), the price will soar to 100.
I have no argument with anyone for limiting their risk, reducing their exposure, or being unwilling to risk their money in AIM, with all we know about it.
My argument is with people who actually talk down to posters who are more knowledgeable, and make statements of fact about the company which have no basis in fact and are largely based on the share price.
Some posters obviously don't even understand the financial basics - with one actually saying that a company with $2.5 -3.0 bn in debt is a safer bet than HUR, which is both profitable and debt-free, and another confusing earnings per share with dividends.
I don't hold it against them that they are ignorant, but they aren't in a position to lecture anyone.

Couldn't you spend your time more usefully by studying the stocks in Berkshire Hathaway's portfolio, rather than AIM oil stocks?

I am just curious as to why you're interested in HUR.

Are you still invested in it?

Buffet once invested in a company at $5 per share.
The price fell to $2 and he bought more.

He didn't say, 'But the company is sat on it's hands watching the share price fall, and fall, and fall - and they still say nothing. Which tells you it's because there's nothing they can say to contradict the share price fall, which means the share price fall is correct.'

'... the next RNS will decimate the share price.

That is logic ...'

Amazing.

You seem to be confusing delusional clairvoyance with logical ability.

'And there IS a reason for the share price - it's just that the reason is contrary to what you want to believe, so you have dismissed it.'

Since neither you nor I know of any cause of the share price fall, how can it be contrary to what I want to believe?

And there IS a reason for the share price - it's just that the reason is contrary to what you want to believe, so you have dismissed it.'

Since neither you nor I no of any cause of the share price fall, how can it be contrary to what I want to believe?

You seriously suggest that HUR issue an RNS because some posters have convinced themselves there is a water problem?

HUR have already made it clear that there isn't a problem and they have provided figures by way of explanation.

Maybe they should have issued an RNS to reassure TDG too, because he is convinced that HUR have too many shares?

There is simply no rational explanation for the current valuation.

tindrumgambler
Posts: 357
Price: 32.52
No Opinion
RE: Joker shortersSun 08:13
Basically the MCap and number of shares has grown massively over the last few years but the poor old PIs investment aint! This has been done via warrents fund raisers whatever to fund HUR and unless they borrow some dosh this will continue

MORE INSIGHT FROM THE POSTER WHO KNOWS HOW TO AVOID INVESTING IN DEBT-LADEN COMPANIES LIKE HUR AND INVEST INSTEAD IN DEBT-FREE TLW.

Sorry for the Schadenfreude, but I went through this in reverse with another investment genius, TriggerSaysDave at JOG.

And just in case anyone here still thinks AIM is rational, HUR - with no debt and a growing cash pile - is down five per cent; PMO, where debt has been cut steadily and is about to be reduced by another 20 - 25 percent by the sale of Zama - is down eight percent.

tindrumgambler
Posts: 356
Price: 32.02
No Opinion
RE: Hurricane
Fri 09:06

glad i bought in TLW

POST OF THE YEAR
INCREDIBLE TIMING
ABSOLUTELY TYPICAL OF THE COMMENTS YOU HAVE TO WADE THROUGH ON LSE AIM

'And what, pray, is your evidence for this? Do you actally know or have met any longterm holders in HUR shares?'

I was referring to myself, Double.
I'm the LTH referred to.
I've been here five and a half glorious years and seen plenty jump overboard.