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I like this part of the article ( thanks for sharing) Over 2 years if a bidder doesn't snatch it this could be around 110-120 minimum as we see earnings per share rise and the multiple staying similar to todays Good share to keep this one . the quick take out will be good from a personal annualised return for sure but dont' mind holding either
Broker’s View – Price Objective 88p
Analyst Greg Poulton at Singer Capital Markets rates the group’s shares as a Buy, with a Price Objective of 88p.
He is now estimating current year revenues of £158.3m, £17.0m profits, 4.0p earnings and a 1.10p dividend per share.
Over the next two years to end 2026 he sees revenues rising to £179.6m, £25.2m profits, 5.9p earnings and a 1.50p per share dividend.
Certainly looks feasible. That 300p level where am averaged seems to be a level we have to take out , probably a psychological level more than anything as its been so elusive Yet sooner or later it will fall. And the more often we retest the more likely it will get taken out once and for all.
Trend is good and momemtum is there too, from a TA point of view it looks good to me indeed
I wonder how much BASF's assets are contributing at current energy prices.
The sector in general had a good Friday , Foxtons did quite well but it wasn't an isolated stock to go up in the sector .
Think the sector especially in London is starting to pick up . Good article in the weekend press on how flats are starting to outperform as office workers are returning to the office . Foxtons rents out 1000s of flats in London and demand here is huge .
Great data points in that link by the way . Rude health it would seem .
My neighbours put there home up for rent and I have never seen so many come to see it. A property I have that I placed on rent had a bidding war . Its immaculate had in 2 hours I had about 10 couples come see it . All good people too . Good quality rentals are rare and when they are advertised they are like gold dust . My agents always bombard me . I have done property on a good scale as well as trading for over 2 decades
Touch wood mate .
Am hoping to see 65-70ish on this leg up . I trade but like the underlying business too so lets see.
My last sell at 56.08 ( from 35) I was hoping to rebuy lower say in the 40s but didn't get there , on this new trade at 54.8 am hoping to see 65 to possibly 70 and then retrace a little take profits rinse and repeat , I like the trend here which is intact . So I play some momentum to get a little better performance than a simple buy and hold . Not for everybody so no advice to do the same. Its all spread bets in my case as I do hold a core shareholding too always at circa 35p. Those stay still till we get to 120-150.
Am very bullish at the moment . averaged at 19 but may take that down . Momentum clearly coming back and Brent in great form . If we could get trend up ( the downward 200ma is starting to flatten but this needs to get above the 15s and above to invert it . Touch wood it does soon .
I was hit at my stop loss level at 56.14 ( entry point was 35p) . So closed a large part of my position here.
I do like the stock and will continue to follow and see if this reversal will allow me a new entry. Maybe yes maybe not But don't want to alienate anyone Long so I hope it keeps rising and you all bag loads of money.
I only hold a small residual amount now .
The BBC will be using the Aramco profits headlines to make the public believe the oil industry is making billions , yet tax Harbour , Enquest , Serica etc lol " The Saudi's are profiting lets tax our own small firms " GENIUS Special kind of person works for the BBC must say , at least its slowly dying , can't remember the last time I watched something on it other the the bbc/sport page on the internet .
Good morning Kign,
Your posts re the mis information put out on purpose to confuse the public is the exact problem we have. Why can't we have an authority which punishes the BBC for such distortions as frankly speaking the Shell/BP profits headlines is so misleading its gross. The public is fooled at their detriment as we'll end up with no oil and gas industry in the UK and whether most of our production is exported or consumed on our shores we won't have the overall control or say on environmental standards and just as important the profits and jobs and we'll lose the political advantage . 3 losses .Will the BBC etc suffer a penalty for peddling wrong policies ? Will someone go to jail ? Nah . Basically one can mislead at will if it has enough activists supporting a cause. Truth does not matter here. Not to say that the world does not have enough copper for the transition to take place at the wanted speed.
Not sure what Hunt is thinking when he extends the EPL as won't win my vote for that and won't win Labour voters vote to switch to Tory or others. Like a lose lose, hurt your voters and get no votes from the rest / What a $£$£$£% .
Least of all HBR has already signalled very loudly its intention of divesting out with the new deal this year away from the tax grab . Not sure that any UK oil and gas employee will be voting Tory at this stage . Sometimes they do their very best to lose these politicians to appease nobody .
As to HBR i like the momentum and remain cautiously bullish for now ( stuck over 300p average ) but not too far to breakeven now
They tried.... which in a way is good for those buying the dip in the trend .
After Friday's big fall in the 2s and 5 year rates this is the time that real estate gets a boost . Come April I think we get the energy cap dropping by 15% which should lower inflation by quite a bit too. I reckon that somehow and miracously the government will get lucky as inflations drops and things improve fast
I have a similar average was 330 for ages and lowered it further by a bit but still above 300.
The divis are typically re-invested back into shares automatically . I don't understand though why the deal is seen as ZERO chance . The only odds that are so against are typically seen in chances of winning the euromillions , Here instead we have 2 parties that are working towards a common goal and HBR will see its average cost fall as its credit rating rise . Win win ! Yet its zero odds at the moment
Just a few days ago I was seeing signs of some positive momentum coming back , not enough to have me trigger a buy but was looking more optimistically at the chances.
Today this drop seems like a typical low volume volatility driven by fretting retail traders. Most days do in fact
I read some posts about our shorts up at 1.75% like this was something crazy , yet historically this was higher by quite a bit. I read that the deal is not going ahead ? says who a bb poster ? I read all sorts and even if all true ALL of the BASF asset bounce is gone now ALL back to the day before we bounced !
Now think about it as this means that there is ZERO priced in for the deal to come through as back to the day before the bounce . ZERO ! Does that make sense ? Genuine question , the consensus is saying NO Deal . Based on what ? not even 1% chance ? Why ? Or is this the classic illogical bb mindset
I read about oil prices and yet HBR vs Brent as a ratio is down , Brent is outperforming HBR as HBR falls no matter what since early Jan and you know what is funny ? the day before the RNS came out Brent was trading at about 2 dollars lower than today ... go figure
All very inconsistent .
Am only offering my opinion not attacking anyone in particular , as am a long term holder it gets frustrating to see such inconsistencies
Hey Stumpy,
I agree and momentum looking good too . certainly on the good side of momentum now and not at all stretched . Just started to warm up and I like these set ups
Point of control if we use a market profile terminology is your point of interest ;-)
Hopefully one that establishes a presence out of the EPL tax theft based on lies > A bit like HBR has done
I like the dividend potential here , the yield based on a small figure pay out could be huge and worth have these sheltered in ISAs , not much would compete out there with possible double digit or high single digit dividend yields and growth Which is the future of this kind of play in my view . Energy mix might have seen new entrants but energy demand is constantly increasing ie we need to sources but doesn't mean less oil or gas .