Member Info for Nitro182

Well i sold at 210.2p , took my profit and ran. Just don't like how the sp is making out at 210p and then selling off. Also don't like the oil environment with this iran war, it's tiring. Good luck to all holders and if the sp drops to the 190p/ 200p mark I will possibly buy again.

Depends how strong the Iran regime are , I guess the general rhetoric will be anti usa so therefor the iran gov will have the support of the people and therefor uproar will occur. The straight could very well be closed.

Hbr will jump with oil , thats how the algorithms work.

Thing is with Britain it's totally short term focused. If times are good enjoy it ! That's how the system is set up. If work is available work it ! Work the overtime ! Not many countries are out there where you pay into a pension and are guaranteed to make money , same with buying a house ! The country is beautiful , be wise and stay in some of the most beautiful places in the world. Right now we are staying on the south coast in a great hotel on the solent, to be told Trumps son was here a few weeks ago , kate perry and many other celebs , the room was on sale because they needed to fill it, so we took it up. All I'm saying is stop moaning and enjoy your life. The system is set up for us. Hbr will come good and the government have basically said that.

Still watching. 26million shares traded and 22million of those sold. Interesting.

Big volume !!

I know it's rated a selling however where theres a seller theres a buyer !!

This goes below £2 I'm buying more. Simple .

How do you know? HL shows 208p

We are slowly but surely seeing support for the sector, and that's coming from the worst bunch as Tories have already said they would abolish the wft.

I suppose it helps with fundamentals , generally markets like fundamentals so therefor while it doesn't directly effect hbr the positive news should add a few more pennies onto the SP.

Https://www.cityam.com/government-considers-oil-and-gas-drilling-to-lower-energy-costs/

From memory we are already hedged at $78 !

And gas hedged high too !

The Hedges are already excellent.

Yeah 63k boepd but more projects to come online in the near future.

Thing is though onedb, this goose isn't dead yet I feel. We can see this sp easily gain 5% a day , and I'm hoping for 300p by the next ex divi.

Well i dare say , trading this stock over the last 5 years would achieve an unbelievable income aswell as taking the divi on offer too. All down to the dumb government and their windfall tax. Instead pensions should be invested here and the share price should be quadruple what it is now and seen as an asset to the uk people paying forever dividends to everyone.

You only have to see the size of Iran compared to Israel. This is no simple task , the US over throwing the Iranian government.....

It is a long ol game , using centrica for example, their sp looked dead at 128p for ages , even though fundamentals were strong , now they sit tidy in the 160's .

All we can hope for is that $75oil is around for the rest of summer and this will be reflected in the trading update , and all being well debt is paid down more and possibly share buy backs are announced (would be amazing if the company bought basf out) , which would be incredible for all holders right now.

I dont think it's being held down , its just traded naturally like any other stock. A trader makes 5% and sells. Simple. It is undervalued though however I guess institutions don't want to commit money when there is so much volatility.

Oilheadgame, blimey your boring.