Member Info for miles44

I dont read HC´s comments anymore. But wondered why someone posts at 4:15 in the morning. Lonely people running around in the internet chat boards sometimes searching for "someone" listening to them I guess... :/
You all have a good day. Including HC when he wakes up. And HC: do some sports - it helps you out of the depression. No irony, not laughing about you at all man, honest advice.

@epiphany121 exactly. its the covenant.

@Harrycash are you living in the US or are you really posting at 4am in the morning .... no wonder you re depressed all the time. Better get some sleep and do some sports in the morning :)

@Soder - exactly - broader market hastn realized HBRs valuation yet. But several funds (UBS, HSBC, e.g.) are slowly buying HBR shares for 3 months already. Smart money has used the last 4 months as a chance to get in here. Others start to follow now.

ah sorry for obviously misunderstanding... got it that you owned their (darktrace) stock and the profits helped you :)

@Bp.or.not.2b could you explain darktrace? and how it helped you? never heard of it, sorry

well done. Its interesting people (including me) sometimes get in sort of a strange world sometimes where on the one side you analyse that this stock will be down, kept down and maybe even go down more until at least end of October.. and its not for nothing that I ve decided to buy my last portion end of October.... but of course on the other hand you think... hmm... would have been nice to have gotten a positive surprise with prices going up and shareholders being clever enough to see the massive value here... but as someone said: you can lead a flock of sheap to the water - but you cannot teach them how to drink. Means: if market currently doesnt see the value thanks to missing QE2 numbers and missing outlook plus creditors not being interested in holding long-term... then its time to buy and hold this and very probably be happy about it in 12 months or so. Feels to me like some stock I ve been in and waiting for a whole year for it to rise (before it finally happened)... you get a little exhausted and patience is tested. But thats why sometimes success is with those who are willing (and financially able!) to wait.

absolutely right @BaysilHope ... same for me... as mentiond: will buy again end of October/beginning of November. If prices stay at these levels or lower

@y11-shk thanks for your good posts. As for SK: he doesnt hurt anyone, he sometimes is funny and nothing against having him here at all. Is he sad and lonely? well: if yes: one more (!) reason to welcome him I think.

@BaysilHope great comments ! thanks

IF it goes up to 600, it will be included in the FTSE 100, as market cap needed is just under 600p.

https://www.youtube.com/watch?v=sEcoXcKR3qA

@Reebmit I think you did well giving it some more months. Most importantly management has changed and with management, strategy has changed as well. No greenfield projects that only suck up free cash flow and no green energy projects as well. Concentrating on the most important thing, a company traditionally should be focused on: making money. Buying assets cheap. Keeping costs and debt under control. Doing only value accretive asset purchases and/or M&A. Management having skin in the game = holding lots of shares. Being transparent, honest and not over-promising, but over-delivering. So far I really cannot complain: IR is competent and professional. Management has warned everyone in April about share prices going down in the coming months as I mentioned. Just click on the webcast of the April presentation and listen to the Q&A: she said it. And its also true that the outlook on CMD 9th of December is going to be great and numbers for 2022 will not resemble those of H1/2021 with lots of one-time charges. So yes: good you read some posts here and decided to keep the shares. In February you ll be looking back at things and once again think that it was good to be patient. Cheers :)

@BaysilHope what a great post! I dont even know EC but well, shorting Petrofac wasnt such a good idea :) Petrofac got the (former) CEO with a major %age of shares so it was quite clear that they wouldnt just get the easy way out and apply for insolvency but to stand firm, make a deal with the CFO and try to continue with business. HBR has management holding a substantial % of shares as already mentioned here and thats quite a difference to former PMO and many other cyclical companies where management only has the shares they get for free via their yearly bonus compensation plus serve themselves a huge salary. Linda and Phil have skin in the game. They suffer from share prices as everyone else and are clever enough to buy (Phil at 3.27 GPB) when the price is getting absurdly low. One of the reasons I like this company. Plus their IR is great, answering to every email in max 3 days.

@shal1000 - greetings! I guess you got it that I didnt use "delta" in a technical sense ;) but to make it clear, I was just talking about the difference of oil and gas prices rising a LOT and shares of o&g companies relatively lagging behind. Or - as is the case with HBR - even going down in price for reasons mentioned here numerous times. One of them being their hedges of course.

@Harrycash as for @Sauerkraut I like his sense of humour. Many here are getting overwhelmed by either negativity or positivity depending on what the share price does. @Sauerkraut is making some nice fun sometimes at least and what is missing here sometimes is exactly this: have something to laugh. Same for your hint about "if my pension will expire" all cool with it :) But to answer your questions anyway: I dont know @Sauerkraut and my time horizon for HBR is 3-4 years. The earliest I will sell them is in 2024. Of course I will change my mind if things happen that hinder the uplift on oil, but currently I see us having a major shortage of oil and gas in 2023 and 2024 in Europe and the US. This outlook will more and more come to people´s mind and the delta between oil and gas prices on the one side and the relatively low performance (despite many shares having risen already) of oil and gas shares .. will close in the next 2 years. Just look e. g. at the delta between XLE and gas/oil prices: its astonishing how much room there still is for upstream companies.

haha @Sauerkraut enjoying it in here again :) Kraut you re lovely :))

@Jefff I m long this share. This you know. So why get angry about someone holding the share and telling the reasons. No need to get emotional, as @Harrycash just said: exactly.

My target price understanding that the current company stays as it is (which it wont, management has announced they re looking for further M&A or assets) is a shareprice of at least 20 GBP. Based by my thinking that we ll have an average price of Brent of 74 USD/H2 2021 and of at least 80 USD for 2022 plus gas at 150 p/therm as an average in 2022. Plus oil moving over 100 USD in 2022/2023 and not coming back under this price for some 3 years as we enter a structural bull market. I might be wrong... but thats what people said to me when last year at this time I saw Brent going over 80 USD until year end 2021... "you must be joking", some said... The oil price will follow the gas price. Gas will come down a little in 2022... but the upward movement of oil will continue. And in some 2 or 3 years energy companies will be traded at 11 to 12 times their FCF again.

yes @Bacchusli - sad to say but losers always have the same mentality: They get in too soon, stick to their losses and then either sell out of frustration and/or impatience or sell the beginning of an uptrend once they are close or at their break even, missing the big move up. I once thought that forums like this might at least give these guys a little feedback about their behaviour, giving them a chance to get out of their losing mentality vicious circle... but I guess thats only true for newbies, still willing to learn.