Member Info for Neversellshell22

I see Canada and the Euro Zone have reduced their interest rates…

Every little helps…..

European Commission agrees to approve acquisition.

Drilling rig in Norway booked until 2028 showing long term commitment.

CEO visits Egypt and commits to major investment.

CEO and others increasing already big stake in company

Debt almost removed.100m $ remaining.

Sensible hedges to protect investment grade in 2025

Merger RNS very positive

Prospectus merger documents due in coming weeks.

Currently production 172k slightly ahead of guidance

9% Year on Year dividend growth

Talbot first oil end of 2024

Zama FEED expected this year with Khan 2 drilling in H2.

Indonesia huge potential with another massive discovery at Tangkulo.

Layaran 2 drilling currently.

Ever improving safety record.

Viking CCS progressing to FID & massive potential with Wintershall projects.

Liquidity of 1.6$ billion

2025 Free Cash Flow marginally improved on 2024

Huge Wintershall Dea upside with 500k production and global expansion.

Fenix Argentina field on production by end of year.

FT100 promotion to SP increase stability later in year.

Investment Grade financing to reduce cost of borrowing

Morning botbot and all,

5 ships in 7 years isn’t to be sniffed at as it’s moving in the right direction.

I still can’t understand why so many brands, CEOs etc and duplication and maybe on time they will fold some more like Princess Australia.

I get keeping a few distributive brands such as Cunard but would amalgamate many of the others.

Any thoughts???

Https://www.carnival.com/celebration-key?gad_source=1&gclid=CjwKCAjwmYCzBhA6EiwAxFwfgFU0ueRs02eqi1YpcAzeWz27n0_xmtwXUkBwji46wMQDxlTeDIoeTRoCT4MQAvD_BwE&gclsrc=aw.ds

Https://cruiseindustrynews.com/cruise-news/2024/06/carnival-cruise-line-growth-update-ten-ships-in-seven-years/

Https://eulawlive.com/competition-corner/commission-clears-acquisition-of-harbour-and-certain-assets-of-wintershall-dea-by-basf/#

Sorry don’t have account…..

“Transocean Norge was awarded a three-well contract extension with Wintershall Dea. The estimated 140-day program is expected to commence in the first quarter of 2028 in direct continuation of the rig’s current program and contribute approximately $71 million in backlog, excluding additional services.”

“On 5 June 2024, the European Commission announced that it has decided, under Article 6(1)(b) of the EU Merger Regulation, to approve the acquisition of sole control of Harbour Energy Plc and, indirectly, of certain assets of Wintershall DEA AG by BASF SE.”

On we go…..

Release Jun 05, 2024 Actual Build +1.233M Forecast Draw -2.100M Previous -4.156M . This is nearly 3 million barrels less of a build than yesterdays API Build +

Someone is playing with a stacked deck…..

Then you have OPEC plus who are unwinding their cuts later this year in the almost certainty that this will drop prices.

The Yanks are producing more oil than ever but apparently it’s costing about 65$ a barrel to produce so they won’t want to get burnt again.

Then you have the fact that there has been a massive shortfall in exploration and appraisals over the last decade.

Put all this together and the future is very clear…..or not!!!

Any thoughts………

Bought in 5 mins before US opened at £11.97.

Usual perfect timing….

Why didn’t I just do nothing yesterday… Duh!!!!

I’m same thinking about jumping back in but not sure where those damn yanks will take it today?

Good luck all…….

Afternoon J,

No insults in post. Are you feeling OK.

A serious question for you to answer without the extras.

What is your opinion of Harbour and where they go from here.?

CEO visits Egypt and commits to major investment.

CEO and others increasing already big stake in company

Debt almost removed.100m $ remaining.

Sensible hedges to protect investment grade in 2025

Merger RNS very positive

Prospectus merger documents due in coming weeks.

Currently production 172k slightly ahead of guidance

9% Year on Year dividend growth

Talbot first oil end of 2024

Zama FEED expected this year with Khan 2 drilling in H2.

Indonesia huge potential with another massive discovery at Tangkulo.

Layaran 2 drilling currently.

Ever improving safety record.

Viking CCS progressing to FID & massive potential with Wintershall projects.

Liquidity of 1.6$ billion

2025 Free Cash Flow marginally improved on 2024

Huge Wintershall Dea upside with 500k production and global expansion.

Fenix Argentina field on production by end of year.

FT100 promotion to SP increase stability later in year.

Investment Grade financing to reduce cost of borrowing

Hi botbot,

You are a donkey but not as big as me. I’m a complete ass.

My usual rule is do nothing unless it’s locking in profit-for a specific.

Today I broke all my rules on nothing more than …I don’t really know why. May be fear of a big US drop.

They say many investors lose money but trading and I certainly did today. So I’m a sit and wait with you and hope it doesn’t take off…

The rest of you….very very well played…..

Because they are down over 6% along with oil and I think it might have plateaued. Famous last words.

Also Gas is 60% of business is looking reasonably perky recently.

Finally any day now Harbour will issue prospectus which should seal the deal.

Got in a 308.7p in the end….

Got a decent buy in at 307.

We shall see….

Perfect timing as always…lol

Still profit is profit…

At £11.47.

Good luck all….

So we have a broker upgrade to £13 today. The guy from Proactive said…

“On its finances, Carnival is "trading out of trouble", Jones said, suggesting the accelerating debt-for-equity swap is "going to appeal to an increasing number of investors".

Anyone aware of this. Is this anything new?

Https://seekingalpha.com/article/4697041-carnival-stock-fears-have-likely-peaked-time-to-turn-bullish-upgrade