Member Info for manfor

If HBR do list in the US at some time in 2026 it will be very good news for HBR shareholders

A 500k BOED company like HBR listed in the US would normally be trading at well over £4 or double the current share price

There are many examples of similar size companies to HBR with US listings, or even smaller oil companies with US listings, trading with Market Caps at over $30 billion

What does this word LLOG actually mean?

The letters do not seem to stand for anything

Some AI says it stands for Lowry Livingston Oil and Gas

And other AI says it is just a made up word

So is LLOG just a made up word or nonsense word?

The share price would be nearer £3 now if they had used some of the $3.2 billion they paid for LLOG to do some very large buybacks

They could even have bought back 100% of HBR shares for the same price that they paid for LLOG

And the last HBR share remaining would probably have been valued at about $3 billion

Disappointing use of so much money when buybacks would have been so hugely supportive of the HBR share price

So what is expected to happen with the dividend?

Ithaca and Serica pay about 10%

Shell pay about 3%

Why can HBR not maintain the annual dividend at 26 cents?

Can HBR not afford a 10% dividend like Ithaca and Serica?

Jefferies: Harbour Energy makes ‘game-changing’ acquisition

Harbour Energy’s acquisition of LLOG Exploration is a ‘game changer’, says Jefferies.

Analyst Mark Wilson retained his ‘buy’ recommendation and target price of 290p on the North Sea oil and gas explorer, which was trading down 4.9%, or 10p, at 196p after confirming its expansion into the US with the purchase of Gulf of Mexico group LLOG in a $3.2bn cash deal.

‘This is a game changer of a deal for Harbour Energy,’ said Wilson.

‘Having spoken to the company, we understand that cultural fit and future direction is just as important here as price to the seller in what we understand was a limited selection process with Harbour Energy invited as a credible buyer.’

Overall he said the purchase of the private company is an ‘excellent strategic deal’.

“The one thing that makes sense to me is the threat of AI making companies like gocompare redundant”

So surely the same AI threat applies to Moneysupermarket?

And their shares have not suffered nearly as much as Future

Can anyone explain the past share price here?

Google and Yahoo finance both show a share price of over £80 in 2000 / under £3 in 2001 / under £2 in 2008

And on the other discussion site for FUTR there are posts from 2008 talking about the share price at 20p

What are they talking about?

Was the share price in 2008 ever at 20p ?

Was there some share consolidation at 1 for 10 at some time in the past?

Chat GPT also says the lowest price was 1p in 2014

So from a high of over £80 to a low of 1p ?

Anyone know if this is correct ?

Target

I also think Reach looks good value

They will probably pay the pension deficit off in two years and then you are left with eps of 23p and a PE of 2 and Price to Book of about 0.2

The 13% dividend is covered x3 and buybacks could also start after the pension deficit is paid off

There has also been significant recent stake building and takeover talk

Not sure that the difference between RCH and FUTR is so big as they are both basically legacy media companies trying to adapt to the decline of printed publications and the rise of AI

Whereas the Supreme Court has established sanity and clarity, the FCA appears to be causing confusion, not least as to why it proposes that redress can go back as far as 2007 (noting there were no binding disclosure rules until 2014), and serious concern as to the scale and cost of the redress, at over £11 billion. Of course, over a period of 17 years (2007-2024), there are bound to be cases of “unfair relationships” including those that involve inadequate disclosure of components of transactions. But for the FCA to put its case that no less than 43.6 per cent of all motor finance agreements over that period have been unfair not only stretches credulity, but also calls into question what the FCA was doing over a large part of that period, and the reasonableness and proportionality of its proposed Scheme. We await its decision with interest, as does the market.

https://www.stephensonharwood.com/insights/the-fca-s-proposed-motor-finance-redress-scheme/

This is probably the most sensible post on here :

“The only certainty is that these will be 30p at some time in the next few weeks or in June at the very latest”

Buy at 25p - Guaranteed profit of 20%

Buy at 24p - Guaranteed profit of 25%

Buy at 23p - Guaranteed profit of 30%

So this is an annual return of between 40% and 60%

It is very difficult to see a better investment than WG over the next few weeks

Well it still does not sound very good for Paypoint

Even if the fine is £150 million it is still about half the market cap

That could bring the shares down to £2

So how does this “Tax Loophole” impact CBG ?

Do CBG have to pay the tax or can they avoid the tax like Barclays and Lloyds ?

JO said

“In the meantime it will hover around 23-25p and quite rightly so”

Explain then why it is not at 29p ?

You have already said that the 30p will be received soon

A guaranteed 25% profit within a few weeks is usually not available on a normal market

So this is obviously not a normal market

If this was trading on the US stock market this would already be at 29p

Why would investors not want a guaranteed profit of 25% within a few weeks ?

Why is this not at 29p?

Are UK investors insane?

This would already be at 29p in a normal market

Minimum of 30p is almost guaranteed now

Any buys at under 25p will have a guaranteed profit of at least 20%

Any buys at under 27p will have a guaranteed profit of at least 10%

Also still the chance of a higher price bidder at 35p or higher

It will suddenly gap up fairly soon

If the answer is “A” then the additional tax will apply to ONLY oil

So why could the idiot UK Government not have done the same with the EPL ?

It was obvious to anyone with a brain that the EPL should have been removed from ONLY oil when the oil price fell below the trigger price

But they have never removed the EPL for ONLY oil because they said that the price of gas must ALSO fall below the trigger price

The idiot UK Government could still fix the EPL now before the UK oil industry is completely destroyed and thousands of jobs are permanently lost, but they do not want to fix it

“The additional tax rate of 35 per cent will apply above price thresholds of $90 per barrel for oil and 90p per therm for gas”

Will this be the same nonsense policy as the EPL in that the price of BOTH oil and gas have to be above or below a certain level?

Or will the new additional tax be applied if ONLY oil, or ONLY gas, is above or below a certain level?

For example, which of the following will apply if the oil price is $95 and the gas price is 85p ?

A) The Additional tax of 35% will be applied for ONLY oil?

B) No additional tax will be applied for either oil or gas?

C) The Additional tax of 35% will be applied for BOTH oil and gas?

“The additional tax rate of 35 per cent will apply above price thresholds of $90 per barrel for oil and 90p per therm for gas”

Will this be the same nonsense policy as the EPL in that the price of BOTH oil and gas have to be above or below a certain level?

Or will the new additional tax be applied if ONLY oil, or ONLY gas, is above or below a certain level?

For example, which of the following will apply if the oil price is $95 and the gas price is 85p ?

A) The Additional tax of 35% will be applied for ONLY oil?

B) No additional tax will be applied for either oil or gas?

C) The Additional tax of 35% will be applied for BOTH oil and gas?

“The additional tax rate of 35 per cent will apply above price thresholds of $90 per barrel for oil and 90p per therm for gas”

Will this be the same nonsense policy as the EPL in that the price of BOTH oil and gas have to be above or below a certain level?

Or will the new additional tax be applied if ONLY oil, or ONLY gas, is above or below a certain level?

For example, which of the following will apply if the oil price is $95 and the gas price is 85p ?

A) The Additional tax of 35% will be applied for ONLY oil?

B) No additional tax will be applied for either oil or gas?

C) The Additional tax of 35% will be applied for BOTH oil and gas?

“The additional tax rate of 35 per cent will apply above price thresholds of $90 per barrel for oil and 90p per therm for gas”

Will this be the same nonsense policy as the EPL in that the price of BOTH oil and gas have to be above or below a certain level?

Or will the new additional tax be applied if ONLY oil, or ONLY gas, is above or below a certain level?

For example, which of the following will apply if the oil price is $95 and the gas price is 85p ?

A) The Additional tax of 35% will be applied for ONLY oil?

B) No additional tax will be applied for either oil or gas?

C) The Additional tax of 35% will be applied for BOTH oil and gas?

Liberty

Judicial review of redress scheme ‘inevitable’, warns NFDA's barrister

Do you or anyone else have access to the full article? What does the rest of the article say?