Member Info for Nitro182

Markets are bent. All influenced by the banks and media , with the companies playing their tune !

Thing is though , bad market days are always made worse by the media creating horrific headlines. This is how the big money is made in financial markets. Won't take long before they recover to even higher highs !

Bad day. All being well results day will be a good one !

Gas 92p a therm mid summer...... doesn't bode well for consumers in the winter does it !

Crude up 5% ! Havnt seen this since the Russian invasion ! Was 1% down this afternoon too !

Gas also flying this week.

Labour showing their friendly side towards the North Sea. This isn't a bad place to be at all.

Well CCS will be included in the tax relief right? Plus the extra 3% won't be taxed until November . Debt free assets and the wintershall assets onboard. No drama here. ;-)

It isnt labour. It's the WEF. We are at the mercy of a group in the background. The government are the puppets.

Shell forecasts the LNG market will grow by around 50% by 2040 from around 400 mtpa in 2023 as Asian economies grow and as gas, the least polluting fossil fuel, replaces coal in power generation.

Seems like HBR are well positioned to take advantage of that too ! supplying gas to the LNG plants that is !

Https://www.gov.uk/government/news/boost-for-new-national-wealth-fund-to-unlock-private-investment

Sounds promising , all being well carbon capture investment will be announced soon !

That's a fair view , however wintershall are possibly top heavy right now and with the closing of their headquarters in Germany (800 laid off) the whole operation will be a lot more productive and therefor cash generative too ! The so call "dodgy" states need oil as much as the stable areas so hbr management will make this work !

Thing is , wintershall dea is an 120 year old company. Harbour are not acquiring some amateur outfit. That alone has to offer unbelievable value , even more so with the deal LC has achieved ! (Cash earnt from wintershall dea's operation is going towards the deal too) !

Personally the reason why I'm still here and back in at 301p and adding a further 30% to my holding it because I believe the current assets in the UK will perform well regardless of the tax regime, more tax , less production , however with strict accountancy the assets will still be profitable with little operational cost. The UK government will be in a more difficult place than HBR if they chose to go ahead with a tax increase !

Going forward with Wintershalls assets also on board , best place to focus on is Norway and Asia , and hopefully Slim will sort the Mexico situation out for HBR too ! I can see a merge with Talos down the line aswell.

Just read that Tolmount has unplanned outage. That's 15000 boepd.

Since when do the markets price anything in? from what i have seen markets are always reactive rather than pro active !

If the market had already priced labour getting in then the SP would already be alot higher than it is now !

I sold out earlier at 313.8p , expecting the SP to tank tomorrow once Labour get in. IMO Mr Market doesnt gamble , and once Labour are announced as the new governing party this will tank. However later down the line Starmer will announce a carbon capture tax incentive which therefor will support this company , but tomorrow imo will be a bad day.

Nah I fell victim to the shake out in March when it fell to 250p ! The only way is up

It does make you laugh how this share is still below what it was when the deal was announced 6 months ago. Worked well for the traders though as always.

I'm back in too at 297p. Not as much as before but plan to add over time. My view is that Harbours UK operations will benefit of CCS subsidies.

Give me 290p and i may just have to buy in again though.

Looks like the company like to play pump and then dump ! release loads of good news , and then tell the market there wont be any further good news for a few weeks , so guess what , the market sells ;-) all by design.