Member Info for Nitro182

2 hours into opening and after all what has been said in the media we are only 8% down. Not bad at all and simply there is nowt to worry about. I could of timed my buy better but its impossible to time the market so all is good ! Now for onwards and upwards!

Whats the worse that can happen ? we see a 25% decline in sp from here for it to only be bought back again !

Good luck for this week everyone , we are in for one hell of a ride , thats for sure

You have to remember the government have given out more North sea licenses recently , and the company recently have been drilling 25% more , and then people in this country are paying more for fuel and their natural gas , so its totally relative. In return also the government are massively subsidising environmentally friendly projects which in the future will provide even more revenue streams , i.e acorn with hydrogen. This industry is changing for the better and with the governments involvement its going to be a sustainable "eco" friendly one at that to support their climate agender which therefor is a great place to store some of our cash and return a profit in the future.

Well what is the worst that can happen as stated here before? the SP drops to 300p , and then the SSB kick in and we get back to this level , if not a lot higher. The hard work has been done in the company already reducing debt and increasing productivity. Simple. Feels like the media are trying to de ramp this sector so their mates can buy in at even cheaper levels.

Well iv just read the article from the BBC, and it sounds like everyone is going to suffer from Thursday , however what I will say is that in typical Torie fashion money will work itself back into the pockets of the energy firms which will enable them to churn out more profit through efficiency and investment , and therefor more will be paid to share holders. At such a low sp this will be a win win situation for the government, the company and us shareholders .

Well if you think like that Rookie ? Why are you here? Maybe you should go and post on Reddit instead lol

They don't want to get rid of this industry , its hugely valuable to this country, its one asset that actually gives us our wealth and I dare say is the backbone to the value of sterling. I say on Monday morning we will open at 370p and thats the worst we will see all week.

This is my thinking , why would the government want to cripple the sector , our energy security is of the highest importance. Now we wouldnt want to go and do a Germany or France by bailing out energy companies would we ......

Well why is the SP so suppressed since the great trading statement?

https://www.express.co.uk/finance/city/1695556/energy-companies-income-boost-price-guarantee-jeremy-hunt-windfall-tax

what do you make of this ?

What is the point of HBR being so efficient and striving to exceed drilling capacity if all profits are taxed to the hilt? the company may as well just shut up shop and give up. Also If the public actually had confidence with investing then they wouldn't mind buying shares here , but instead we get ripped off here too ! a situation where you simply lose all around. Its a joke.

As long as wti > 85 and Brent >90 we will be pretty stable.

You read my mind comeonvog

I'm just here now waiting for the £100million SSB's to hit now. Let the day traders do their thing. We are over the oil and gas demand issues now , now hopefully this time next week we will be counting our gains.

Anyone care to share the volumes ? I honestly think after the economy data today Rishi won't need to raise taxes as much as anticipated.

Well got what I wished for , went in with more too

I'm out too at 384p too. Will look to get back in below 380p

Why is there a limited buy on these shares ? Tried to buy not exactly a massive amount yet I was only able to buy half. Since then the shares have increased by 2p. I'm glad I was able to buy half though but would of been nicer to grab more !

Yeah thats my thinking , the pound is recovering while we drop. If that's the case then we are in for a shock.