Member Info for NewKOTB

Appears as if they came from a standing start if I'm not mistaken ...

hummmm, very interesting, very interesting indeed... for various reasons !!!!

aimo & dyor

Guess they took part in the placing, which imo speaks volumes ... not just taken what was needed to cover dilution but significantly more.

Think we will see a few more break cover too with increased holding RNS.

Any foray into 14p territory will be short lived imo.

Lets get the news-flow to backup the placing and we should be on our way ... news,news, news please.

AIMO & DYOR

If we are still sitting sub 280p come pre Ex Div then it will be a close call ... for me however, it's a hold regardless, no point trying to second guess Mr Market esp if you have already held sub 220p You could be on the wrong side of a trade very easily here. With SA promising to curb production for longer and deeper, moving into winter, Ukraine still a tinder box and China looking likely to post decent growth figures not to mention possible wind of EPL 'adjustment' combined with M&A action on horizon. With only a few months left for our awful hedges to fall away, big players will want in during H2, hence sudden +ve posts from certain paid posters here ..... Oh and shorter's will be closing out / reducing given the above.

It would be a brave call to sell anything atm but then traders, trade and investors invest.

aimo & dyor

Interesting that on the first signs of weakness in WTI SA announce this :

https://www.spa.gov.sa/en/3e9cd3f912m

Not sure how US will re-fill their SPR at much lower than $80 barrel.

Oh, appears they want BETTER than 'mates rates' now !

Down 12.5% atm on tiny volume trading.

It was always going to be ~6.5p as that was the average of the last 'mates' tranches.

Because shorting is legal in UK.

ButterscotchLad,

Thanks for that ...

The Gov has not got a leg to stand on to support their argument for a super tax on NS whilst leaving all other compaines alone. Yesterday it was BA & HSBC, day before NatWest, before that BG before that RR, etc etc all producing massive and in some cases, record profits. When our profits doubled we got instantly hit with knee-jerk super tax which, a few month down the line kicked our last remaining crutch away leaving the industry in disarray ..... Serious 'adjustment' has to occur, I'm guessing the Treasury didn't factor in these massive profits (day in day out reports from all n sundry) which propels their corp tax (up +35% (19% to 25%) in April 2023) return either, making balancing the books without super tax on NS so much, much easier.

With HSBC profits more than doubling, one could argue given massive rise in interest rates impacting all mortgage holders, controlling your energy bills is a lot easier than trying to keeping a roof over your head.

I said before, legal action is the way forward for O&G compaines, wouldn't take a judge long to decide who's in the wrong here imo. Hope they give Shapps both barrels as there really is no justification for EPL to remain as is.

Remember, this was supposed to be a WINDFALL TAX on "extraordinary profits".

aimo & dyor

On behalf of all serious investors and followers of HBR.

DUBAI, Aug 2 (Reuters) - UAE's e& has submitted an offer to increase its stake in Vodafone by 20%, e&'s CEO Hatem Dowidar told CNBC Arabia on Wednesday.

The company formerly known as Etisalat, e& has been gradually building up its stake in the British telecoms company ever since it took a 9.8% stake for $4.4 billion in May 2022.

Its ownership as of April stood at 14.61%.

https://www.lse.co.uk/news/VOD/uaes-eamp-offers-to-increase-stake-in-vodafone-by-20-eamp-ceo-to-cnbc-arabia-ufz0yhf6ydzmpta.html

ButterscotchLad,

Good to see Barclays up-side of ~450ps is inline with my estimate of ~$3.5-$4bn, albeit mine are a little on the low side.

atb

aimo & dyor

Other option is of course, pure 'n' simple t/o of HBR. We are currently value at imo, significant discount to a t/o valuation based on circa 400mmboe, 2P's alone which would give a valuation of ~$3.5-$4bn vs current MCap of $2.5bn.

We produce ~190,000boepd, low ~$16boe Opex, with ~£1bn FCF , low debt too.

Any hint of an actual easing of this ridiculous EPL tax would see us taken out in an instant before any real re-rate could occur.

Reminder of how undervalued I feel we are atm :

https://www.harbourenergy.com/media/1pblvtex/230615-investor-presentation-june-2023-v2.pdf

Once our awful hedges fall away our FCF for 2024 will be materially improved, so will anyone interested in HBR wait that long esp with EPL about to be reviewed, I would think not

aimo & dyor

We have multiple accounts from the same user / activist group that want nothing but to disrupt posts on HBR BB. Usually that mean one of two things, our SP is about to re-rate higher or insanity rules how Mr Market is valuing HBR. Of course there is a third option, thank goodness for NHS mental health service that's all I can say !

My money ( actual cash ) is on a real re-rate due to seriously accretive M&A activity, so what remaining shorts there are, they are, atm trying to exit in a controlled manner ... hence these multiple and ludicrous, disruptive posts from the same source. If it's an actual reverse t/o then these shorter's will be locked out due to shares being suspended, not a good position to be in on a re-rate.

aimo & dyor

Best way to deflect attention, is to attack valid posters and their post with false accusations and misinformation.

Defending investments from SPAM posters clogging BB with rubbish, particularly one's with a clear negative agenda is a HUMAN RIGHT.

See they are going for it this morning ... lol, even ticking up their own post now .

For sanity of this BB, you all know what needs to be done.

Certainly there is a concerted effort to disrupt posts on this BB, I will also try and recover valid posts lost from yesterday too.

TIA

AIMO & DYOR

You can fool some here but not the vast majority.

Juicy appears right on cue ... lol

Remember, this was supposed to be a WINDFALL TAX on "extraordinary profits".

With HSBC profits more than doubling, one could argue given massive rise in interest rates impacting all mortgage holders, controlling your energy bills is a lot easier than trying to keeping a roof over your head.

I said before, legal action is the way forward for O&G compaines, wouldn't take a judge long to decide who's in the wrong here imo.

aimo & dyor

Today, it's BA & HSBC smashing it out of the park !!!

The Gov has not got a leg to stand on to support their argument for a super tax on NS whilst leaving all other compaines alone. When our profits doubled we got instantly hit with knee-jerk super tax which, a few month down the line kicked our last remaining crutch away leaving the industry in disarray ..... Serious 'adjustment' has to occur, I'm guessing the Treasury didn't factor in these massive profits (day in day out reports from all n sundry) which propels their corp tax (up +35% (19% to 25%) in April 2023) return either, making balancing the books without super tax on NS so much, much easier.

https://www.bbc.co.uk/news/business-66368580

https://www.bbc.co.uk/news/business-66335208

Dumbly,

"and for the EPL to only apply on income over the historical oil price average.." , agreed.

That would turbo-boost HBR for sure, I may even agree to that single 'adjustment' alone, make a massive difference to our bottom-line, fingers crossed ... ;-)

aimo & dyor

"They will get it 5.6p cheaper if they wait a week or 2"

LOL, you DON'T get it 'cheaper', simple book-keeping adj to your trading account for going Ex-dividend, neutral adjustment. Neither win nor loose, unless you are limited on available capital to invest, then wait by all means.