Member Info for Philholl

Wow as soon as I sell the sp go’s up!!!!

I’m out too many pessimistic flounders, good price to get out and wait

I’m out thought this was going up, maybe get back in in a couple of weeks

Altor Finance Ltd TR-1. Altor is a well-known Nordic private equity and investment firm. Altor Finance has just filed a TR-1 disclosing an increased position in Harbour Energy.

Why Altor Finance increased its holding

1. Positioning for FTSE 100 promotion (June 2026 review)

This aligns perfectly with your earlier line of questioning. Altor appears to be betting that Harbour's share price will remain above the ~296–300p threshold needed for promotion. Buying now, ahead of the 2 June pricing date, allows them to benefit from:

· The potential rerating once index trackers are forced to buy.

· A possible short-term price squeeze as other speculative buyers enter.

The Threshold: The FTSE 100 comprises the largest 100 companies. The "cut-off" changes daily, but historically, the 100th position requires a market cap in the £4.5–5.0 billion range. At £4.64bn, Harbour is right on the borderline.

· Key Timing: The next decisive reshuffle is the quarterly review in June 2026, based on closing prices on Tuesday, June 2nd.

My guess is they will be back to 400p if they make it.

Great presentation and now a bit more confident that even if they hit a dry well end of June the sp might dive back down 20-30 percent, with all the other plans for the rest of the year won’t be down for long. If they hit oil (50-60% chance) then we will be at around 100-120p plus more before end of year. Interesting to see what happens over next 4-5 weeks before news, my guess is the sp moves back to 85-90’s per share, good price right now for risk

Next big announcement

Afentra has officially confirmed it expects to release its full-year 2025 results in the second half of May 2026.

Is this when we will hear about the strategic review? Sp will most likely dwindle until then, can’t see it moving up dramatically. Interesting that Arcadian asset management owns shares in Jefferies.

Afentra's strategic review has no fixed deadline and could last for several months. This is because the company has been granted a key exemption from the UK Takeover Code's usual 28-day 'put up or shut up' (PUSU) rule.

When a company announces a possible offer, it normally triggers a 28-day PUSU deadline (Rule 2.6(a)), forcing the bidder to either make a firm offer or walk away. However, when a company initiates a formal sale process as part of a strategic review, it can seek a 'dispensation' from the Takeover Panel to pause this clock. Afentra has been granted exactly this, meaning it is not bound by the 28-day rule for as long as it is participating in the formal sale process.

Recent Status: "Ongoing"

Recent updates confirm that the review is still active:

· On April 23, 2026, the board stated the review remains ongoing.

· The review was launched on March 19, 2026, when the board, with Jefferies, began exploring a potential sale among other options.

Ultimately, the board has the flexibility to extend the review to secure the best outcome, and they can also decide at any point to end it and keep the company independent.

Summary

Afentra's strategic review is not subject to any hard legal time limit. It will continue until the board either secures a deal, decides to remain independent, or chooses to end the process, which could take several more months.

Jefferies was appointed by Afentra's board to conduct the strategic review. Their role is to contact potential buyers (financial or strategic investors), evaluate bids, and manage a potential sale process.

As Afentra's corporate broker and financial adviser, Jefferies is legally required to file a Form 8.5 disclosure daily when they're active in the market. These filings, like the one on April 22, 2026, confirm they've not taken a direct stake in the company (as shown by zero holdings in securities and derivatives). Their duty is simply to manage the sale process, not to act as a bidder themselves.

Not long now

Shame I liked the big movements with small amount of shares in retail circulation made for big daily profit movements been a good share for me this year although it looks like most is going to ARM and institutional so hopefully won’t change much, will be scooping up if it gets to 550-560p level

Here is a summary of the key points to consider:

1)

Recent Price Surge New 52-week high of GBX 89.40, with last trade at GBX 86.90. Price has more than doubled from ~GBX 41.40 at the start of the year. Strong upward momentum and positive market sentiment, but the stock is at a short-term peak.

2)

Major Near-Term Catalyst Drilling campaign in Angola's offshore Block 3/05, beginning with the Pacassa SW well, to sustain and increase output. The market may be positioning ahead of the initial results from this new well.

3)

Analyst Consensus Overwhelming "Buy" rating, with an average 12-month price target of 112.25p (ranging from 85p to 142p). Strong institutional backing suggests significant potential upside from current levels.

Recent Analyst Upgrades Canaccord Genuity upgraded to "Buy" and raised target to GBX 115 (from GBX 80). Cavendish reiterated "Buy" and lifted target to 107p. These upgrades indicate that analysts see the recent share price rise as having further room to run.

3)

Earnings Date Next earnings report scheduled for April 22, 2026. This is a key date for a potential update on the drilling campaign and financial outlook.

Strong Financial Forecast Cavendish forecasts 2026 revenue of $229.5 million and adjusted EBITDA of $159.5 million. This suggests a significant step-up in financial performance, which could further support the share price.

Valuation P/E Ratio of ~7.34-7.45, which is below the industry average. The stock is trading at a relatively low valuation compared to its peers, which could be a value opportunity.

Post 10th April Barr rig timeline

Definitely a buy at 83p yesterday.

Looking like a great week next week, buying is strong, not surprised too much speculation before 21st deadline, be surprised if the sp isn’t around 100p by next Friday