Member Info for Oil

IAG, Easyjet & the UK airline & travel secor is lagging its European, US anmd world sector. Unbelievable to see that despite all the big rises in all US airline shares the last few days, we are still dropping. European shares are steady and have fared so much better than us. Here is a table of % change for the last 12 months and we are at the bottom, despite being the first out of all the Covid restrictions and with airports and flights full to the tilt:

Qantas Airlines + 10%
Delta Airlines - 1%
American Airlines - 2%
Tui - 7%
United Airlines - 7%
Air France / KLM - 12%
IAG - 26%
Easyjet - 29%

Miles44… Your latest post is comical and I am not taking any offence. I shall however leave you to comment here. You say:

“ And as I guess you are not planning to buy or sell any share until April - why should you spend time in this forum :)”

So I guess you buy and sell HBR shares every day, since you comment on this board every day?
And I suppose you can’t go to a shopping centre to browse shops for their latest products, sales prices, new items or stuff which you may need or want to buy, unless you actually buy the whole shopping centre?

Let’s leave it at that and you too, enjoy your day. I look forward to reading your posts, but I will not post myself anymore. No need

Kayel.. you may be right, but please let me remind you that:

1. Half year figures published in December were greated with a 25% price drop from 430 a minute before the RNS came out to 350 the day after. Hardly any good omen for when the End of Year figures will be released in a few weeks?
2. Everyone is expecting boom figures, boom cash flow, huge debt reduction and so on. Which I hope the RNS will all deliver. Have you even remotely thought of what is going to happen if debt is not reduced significantly with oil at 100 and Gas at stratospheric levels? I can’t imagine to think about the negative consequences on our sp and the walking away of institutions.
3. Of the 24 RNS trading updates in the 10 or 11 years I have been invested in PMO and now HBR, 23 (yes, twenty three) times our sp has sunk very heavily the day each RNS was released (similar or worse than what happened after the last RNS in December). Always the same pattern. Everyone waiting for a huge sp rise anticipating great results, debt reduction etc, only to be faced with huge losses on our sp after the RNS comes out

Miles44… Why are you so rude now? We are having a healthy discussion on HBR? I have been a shareholder for 10 years and I am not bashing HBR! I am merely telling people like you why I think Institutions are not currently buying. Everyone here moans that with oil near 100 and our sp at 350 (17 PMO money) this is inexplicable. Everyone moans, but no one tries to understand why our sp is this low. As I type this, I am actually enjoying life, having a walk in the loveiy countryside and having a delicious coffee and cake. So, thanks for the advice, which I am following. Oh, and I won’t try anymore to explain my view to you or anyone else, since you are not interested and you know everything already and much better than me

Sorry! My first line in my previous message should read “disagree”, not agree!

Surfit. I couldn’t agree more with you. Please read my previous post. You say that it is very positive that no one is buying now because they want to keep the powder dry till 1 April. If that’s the case, then there is only one reason. And that’s not a positive one at all! It’s quite the opposite! If they are not buying now and are looking to buy in April, doesn’t that tell you anything about what is going to happen to our sp on 1 April? Why would any sane mind stop buying now and looking to buy in April, if they think the sp will be a lot higher in April than it is now? Can’t you see that it is the complete opposite??? Your lack of business logic is frightening and I for one, would not give you a single Penny of my money to invest.

I understand all your points, but I keep repeating this… you all assume that EIG won’t sell. They may not sell all their 36%, but even if they sell 15% only (let’s say), then if the sp is 350 on 31 March, the next day our shares will only automatically be worth less than 300. That’s why NO institution is buying any HBR shares now. Why would they??? If I think of changing my car, would I pay £ 25,000 for a new one now or wait till next month and get it at £ 18,000??? It’s a no brainer!!!

Bonkers… you either don’t know or pretend to, that creditors need to get the money back they lent to PMO and now HBR. They are not investing in shares. They are institutions that lend money to distressed companies with a lot of debt like us, make a fortune on the interest payments they receive and then sell and move on. Furthermore, we have had HBR for a year now and our sp is 20% lower than it was when we opened 12 months ago, so the fact that oil is near 100 when last year was more like 10, should tell you that these creditors have nothing to gain by keeping the shares. Imagine if oil drops back? Not to 10. But even 60 or 70, which historically is the average?

Stanleypro… Why? If not even one creditor sells a single share on 1 April (chance of that is less than me going to Mars tomorrow), then the sp will stay the same. Why will it be 30% more??? I don’t understand.

My previous message was sent before I could finish with the 4th and most important point...

How is everyone missing the whole point here and keep buying now is beyond me...

How can anyone forget that 30% shares are locked for sale until 31 March, so on 1 April we could see between 1% and 30% drop of the share price in one day or in the space oif a few days and weeks, as creditors offload some or all the shares? The spis likely to drop, isn't it? That is not rocket science and it does not mean that the sp will not recover later. But the whole point I am trying to make is this, in plain words:

WHY am I going to buy a new House or TV or Car now, when, ifI wait (and I can wait) till 31 march or 1 april, there is a big chance that I can get that new house, tv or car at a price up to 30% cheaper? Unless I am a fool, who pay let's say 350 now, when in theory shares will be worth up to 30% less in a month's time? Even 12% less means I can buy them on 1 April at 295...

Shal1000... I totally agree with the fitrst part of your statement, but not the second.
Surely we all know why this share is not where it should be, which is several times higher than the paltry sp it is now. I said it all before and I shall say it again briefly now:;

1. Huge amount of debtof Billions. Easy to say that it will come down. It NEEDS to come down and very quickly too, as the interest we are paying on it is several million Pounds a year and Insitutions hate companies with big debt.
2. Projects always either delayed (Tolmount is the latest example) or abandoned, which cause a huge amount of loss of time, manpower and money. The loss of income from potential investment in these fields is much higher than anyone can think of. Look now at how much money we are losing every day Tolmount is delayed. Gas prices at all time record levels and we are missing out because Tolmount is not ready. 9 months delay already and counting.
3. Management is totally inept and out of their depth. They make Tony Durrant (CEO of PMO, for those who are lucky enough not to know him), a God and genius, compared to them.That says it all

Stanleypro... I said today, yesterday and the last few days, not one month or years. I know the pain of HBR and PMO, being invested here for 10 years. WE underperformedthe stock market and almost every oil share too, although if you think Tullow's drop from 1,600 to the current 49 or Enquest current 20 or BP at 393 in 1997 and now lower at 382 after 25 years are faring much better than us, then think again...

Recent trend for us is encouraging. Same as yesterday and recent days, today Oil is down, BP down, Enquest down, Tullow down, but HBR is up 1 or 2%. Let's hope it contniues this way...

Ha ha ha!! Well said, Sauerkraut!
And I bet she won the war!

So many people are moaning every day here. Yes, the sp is pathetic, but to moan on days like this, when oil loses 2 dollars, the DOW is down 500 points, Russia invades Ukraine etc and yet HBR finishes up 1% (when the wonderful BP finished down) is plain silly.

Moan when HBR deserves it, not when it goes up and other shares, oil and markets go down!!!

Laidback … So.. you expect £ 6 for HBR this year… But you had been expecting £ 6 old PMO money for the past 10 years…
One day you may be right…

GOCPI.. I totally agree with you. Oilies are flying and faring much better than travel stocks, which lost about 20% in the last 3 sessions (Tui, IAG, EasyJet etc). I think Jefff is looking at the wrong screens or maybe he has his upside down.

Your “brutal day” prediction has so far heralded a 3% rise in HBR sp.

Harrycash… it’s not about “if you don’t like my posts, don’t read them and filter me”.

I said several times that I do enjoy reading your posts. BUT…

1. You say “ Lets see how the day goe's.”
Are you really that deficient in grammar and spelling or are you pretending to be?
2. You say “yesterday was brutal for the FTSE and HBR…
Do you honestly classify as brutal the FTSE losing 0.3% and HBR 1%?
3. You keep taking off a pence or two each time you quote HBR in PMO old money.
344 is 17.2 old money, but you say well below 17. Why? You are doing this every day. You have to divide the current sp by 20, not 25 or 30. Why do you put our pathetic sp even lower on purpose? You know what you are doing and that is denigrating HBR in every possible manner.
4. Every day and every post you publish, your prediction on HBR is “no idea. Toss of a coin”. You hardly sound a genius, mate. If your predictions are always a toss of a coin, why publish a 1 million words post every day here? We can all toss a coin. We do not need you to tell us to do so.
5. You predict a bad day for the markets today. Really? It’s like saying it’s going to rain today, when it’s already pouring down outside.
6. Every day we have to listen to you telling us about cryptos (not crypto’s). Who cares???? This board is HBR. We sell oil and gas. Not cryptocurrency???

I wish you would understand why some people here are fed up with you and have a go at you. It seems to me now that you stopped trying to be informative. You have chosen the taking the pi*s route and that’s not a wise move. Treating your fellow posters here with contempt and making them feel stupid, is not a wise move at all.

Proctor44.. I wasn't talking for the last few weeks or months! I said todxay. HBR losing only 0.6% as I type this, whulst Tullow is 3.5% down, ENQ 2.8% down, BP 1.5 down, Brent crashed from 96 to 91, all other shares are in huge retreat and the markets are very hedgy and volatile due to the Russia crisis. HBR is the best performer today. TLW in the 40s again, ENQ at 20 etc is a sign that all pil shares are bad, not just HBR. TLW was trading at 1,700 a few years ago, now at 49...