Member Info for Nitro182

Things coudnt be any more normal in this world ;) , people paying more for energy , high oil prices now the norm , people working longer hours to maintain an average way of life , record breaking bankers bonus's , a big war going on . HoHoHo

"muchaboutmoney" , there is nothing wrong with being in the North Sea , read between the lines !!

I would not worry about the labour government at all , the conservatives/Labour are cut from the same cloth nowadays , and from looking at the facts Harbour Energy has been set up to engulf the North Sea and become an absolute cash making monster ! Capitalism has returned.

I honestly think this view from the government is a ploy to make them look like they are doing something "against profiteering form hydrocarbons" , yet nothing has really changed or ever will change . Shareholders are benefitting massively from big dividends and share buy backs. (Yet to be seen in the SP for sure but look at the possibilites of where this will be going in the not so distant future). Also for Harbour to use such financial mechanisms to offset the impact of the wft is quite amazing really. Basically it's a case of carry on as you are , pay great dividends and offer massive share buy backs while in the background the companies accounts and cash generation is forever improving. Iv done the background reading on Linda Cook and she really does know this game, what she says in the media and what actually is going on are quite different things , a bit like Tufan with his RR speech saying its a burning platform , yet the SP increases massively thanks to background support , i.e Linda and her ties with the BOA and EIG and big oil corporates. She says "we are going to withdraw investment from the North Sea , yet the projects continue at pace as just released with Talbot, Leverett, Tolmount East, Earn and Jocelyn South. I can honestly see big things happening here , and going by the latest SP action without sbb's in action is nothing but massively positive and I gather this will only continue at a considerable pace.

296p down to 292p at the blink of an eye. Wow

Just watch her go

What a ride!

Nothing worse than paying the government more tax than you need too !

There should be a policy that they have too release an RNS , however going by the last lot that didn't happen until 6pm after the first lot had commenced.

LC is walking this up all on her own showing the lads how it's done.

There's definitely upward pressure. Thought that was the news from the US payroll data but maybe the sbb's have kicked in since too.

Good call Jeff Ho Ho Ho , things looking up now. Now kick those 200mill buy backs in and get us out of this rut ! Ho Ho Ho

You did well to get back in at 283p. Iv got my position now and just need to sit on it now after the mess I made of it last time.

This SP is lively today. Jeez. Downward pressure is immense however keeps on getting caught. Talk about catching knives !

Well there's no RNS for the buybacks so that's a great day considering.

Well there's no one to sell below 270p apparently lol. With the last set of sbb's you had eig and other institutions wanting to get out , however now I'm hoping that selling pressure has gone due to the scope of what the company has and the price we are at which is supposedly really cheap. As a shareholder we clearly are rewarded by the board.

Well had a look and for the 200mill sbb last year there was a rns , and then the 100mill sbb it started 2 weeks after the update in November.

What makes me laugh is RR have $3bill debt , a gazillion shares in issue , no dividend for over a year and if they did it would be worthless , yet the SP has increased by 50% . What a laugh this game really is.

I wouldn't turn down a massive SP increase lol

True actually. 150p therm is high to use as a forecast. Like you say we certainly are being flooded by US gas. Need to check out the UK's LNG capacity , can't be massive as centrica only opened a small percentage of Rough.