I agree with adoubleuk's post yesterday. When I read through the stuff on HUR website it looks good/impressive - a well run outfit with good or should I say hopeful prospects. The concern is market manipulation. There's no operational news on which to base any surges in trading. My fear is simply that it was overhyped to begin with and that any operational issue will cause headless chicken overreaction. I would be tempted to top-up at sub-40 were it not for that.
Hoping things are quite stable with no more ridiculously large acquisitions to pile on the debt. Vodafone seems to be doing some sensible things regarding shops and digital services. The P/E is high but this probably reflects the debt (?) With a massive entity like Vodafone the number could be quite academic. Conversely the P/E of Shell is only 10. Does this mean Shell is massively undervalued?
The creation of those states was only possibly due to the relative dark ages of the time. People are extremely daft who witter on about what we are seeing in Parliament leading to that kind of thing. The media won't allow it for one thing.
On the face of it this looks like a good share. However, what's not to like is the reversal of fortune which will happen if you follow NT trades. He will then post that he somehow got out just in time, based on no information that the likes of you and me could ever discover. Funny that.
As I've posted before, I feel the sp is going to be held at around this level which represents fair value. With the divi it's a kind of bond proxy. There doesn't seem to be much on the cards to re-rate it substantially. If we get to £2 within a year then I'm a banana. I should say I'd be another 50% a banana.
Yes we need to give it about 2 years i.e. into 2021 to gather all the threads together to make it a viable producer. The noise over the last year or two was just that - noise. It was never gonna get to a quid in that time. My predication 0f 41p short term has been broken through, but not by that much. I have no idea how much manipulation is going on now but hope for stabilization at these levels. Shall I buy a few more? My fear is any bad news will drive it sub 20. If I bought more that would surely happen.
Watching the trades (if they can be believed) I see a fairly big buy about an hour ago. A pure punt I feel like putting 140k on red. I'll spare everyone my latest sp prediction since they always prove right.
RE: Major Sells in GKP, HUR, PDL,NOG, INDV and more02 Oct 2019 10:07
This really is a share for speculators. My 41p prediction has come about. I'd hoped by predicting 41p I'd be proved wrong. Analysts are irrelevant and their sp targets are idiotic. They cannot possibly know how things will pan out.
Theory is: as leverage has increased the bond issue tells of a need to raise money. Profitably growth remains steady if modest though. The P/E is also a tad high, but this is a premium company. Around October has been a bad month in the past in terms of market volatility. Think your £32-ish view is probably about right but something tells me things gonna get choppy affecting sentiment and hence sp.
I've bought several lots of IMB as they've dropped over recent years and each time they've gone much lower. Nothing the BOD can really do about declining demand and the massive taxing of smoking. Maybe they should diversify into food or clothing.
My prediction still 41p. Hopefully the market won't push it lower. The climb back will be very slow. I only wish I could benefit from my predictions - which tend to be right as long as I don't act on them.
Maybe. But given that this just tracks sideways, with a 15% or so up and down, it doesn't warrant a buy and hold strategy. Might as well go for BP which has a similar pattern but yields 5%+. Can't see anything truly transformational happening.