We are seeing true volumes now the buyback isnt around to distort matters, and they arent exactly huge are they?
The EPL has sucked the life out of Harbor, and managements failure to deliver any overseas M&A doesnt inspire confidence either.
Hopefully the impending trading update may inject some life.....
Well considering ther divi is .1p I would hope it doesnt fall 0.2p to reflect it :)
Although this a gold stock so you never know lol
Not sure that going xd for a less than 1% yield divi, will have much effect, but are MMs trying to dampen down trade with an abnormally wide headline spread?
I know the real spread will be much narrower, but 10.80 - 11.50 is not what we would normally see, and could be enough to put off casual PIs
Still invested but nothing much really to say now buybacks have ended
HBR Investor Relations seem to be on permanent holiday, so updates from the company (aside from statutory results) are almost non-existent
Oh well we always have that pipeline of M&A to fall back on lol
Now down 10.4p on the bid compared to Friday's close
This on a day when Brent is only off what? A dollar and a half? HBR seems to be following the overall market rather than anything linked to its likely trading
Blimey this board has died a sudden death recently....do we miss Taconic and the buybacks that much lol?
Harbor manages to finish lower on a week that saw Brent rise to over $92 a barrel....I just love being in such a popular share!
Blimey thats a messy closing UT trade nearly 2p below the closing bid price - needless to say that makes us close red for the day
Why shares had to be dumped at a crap price in the auction, when Brent and markets arent doing anything too horrible after close is anybodys guess
Bear in mind tomorrow that if you see the headline price +2p we will really be only back to unchanged on today's 4:30 close
Chokes on its own apathy more like....
What could be a spark to get the share price rising, coz it sure isnt these endless discussions about motor manfacturers we have on here (no offence internded - research is appreciated)
My god I hope there comes a time where SEE is strong enough to see itself listed on NASDAQ rather than the lower reaches of UK listings
Been out all day, and when I saw Brent & UK Gas prices today I fully expected to see HBR having one of its really good days
Instead we are struggling to rise a couple of pennies on truly pitiful volume of less than 500k
Is 260 really proving ultra tough resistance or are events in the Middle East overshadowing everything at the moment?
One thing not really discussed yet is a share buyback of some sort
If Shanta is throwing off cash and they consider the company very undervalued, then buying back at these levels could make sense
I know buybacks work better for some companies than others, and on balance they would probably prefer to build a war chest to fund WK, but is it not something to consider?
Shares could be held in treasury perhaps rather than cancelled?
Well you are certainly cherry picking figures to suit your argument
Yes profit after tax in the annual figures was -$2.3m but that was somewhat dwarfed dont you think by the $12.6n PAT in the last six months
Yes losses after tax have been frustrating when they actually money before tax, but there has been a seismic change with the opening of Singida
Sods law that the gold price has had nearly $200/oz taken off it in the last few months
With my tinfoil hat on, I genuinely think there is an element of the USA trying hard to punish the saudis for cutting production
USA wanted cheaper oil, USA gets it....$11 in a week is overkill but it suits them. All of a sudden the media focuses on a drop in gasoline demand, rather than the continuing fall in inventories
With respect guys the Taconic short was cleared with shares they swapped in exchange for the Noble bondholding....they almost certainly didnt buy in market imho
My opinion? Run up due to the rapid increase in Brent, and the recent plunge is due to the rapid attack on the Brent price by traders following dollar strength/ bond market chaos
The analyst jumped to a wrong conclusion on the shorting due to lack of knowledge on the special situation
Jeez wept
Theyve taken the Brent price right back to previous resistance around $86 at end-August
Needless to say HBR was in the 250s at that point (not 230s) and that was before it went x-div by 9.6p
My god this share is a traders plaything