Member Info for shal1000

3.80 + way ahead of other oilers. Let's hope it sustains.

Dbno do you agree with $100 poo. What you reckon wti will be lmao?

So true soder. The ESG investors are doing more harm than good and not helping with investment to transit over to a greener future. Bottom line gas and oil are needed for a good while. PS I would love an electric car, but the decent ones so expensive than their petrol versions they don't make it an easy choice for transistion

I really want green technology to work etc. However ist not sustainable. For green technology eg building eV, wind turbines, solar panels, etc we need to extract rare earth metals which itself requires lot of energy to separate the different elements out from the ores, and then these although recyclable are not infinite, and extracting these also disturbs natural environments. People just need to change there ways, less meat, cycle more, stop buying cheap cloths from primark that last a year, etc you get my drift. The only way to solve worlds problems is if there is proper pandemic/war/meteorite that kills off 50% world population.

Dbno and his misleading predictions - it come to a point that no one's pays attention to him.

Miles I knew what you meant, one of my colleagues back in the day use to love using the word delta all the time, even when we were doing nothing related to hedging so it made me chuckle lol remembering the good old days.

Main take is hbr major shareholder eig have lost the bid on the albacora field. EOM

https://www.reuters.com/business/energy/petrobras-picks-petrorio-group-albacora-oilfield-sources-2021-10-07/

Ha nice one Miles. Haven't heard the word delta for ages. Maybe we should buy some options on Hbr shares and do some delta hedging lol. At least I hope hbr themselves are delta hedged on their oil derivatives.

Harry the profit warning of 400m profit write off due to hurricane Ida would've already been factored in when it happened. The opening suggest the pw had no impact.

Thanks Harry, lemarc. Very informative and useful posts keep it up.

Miles I agree, this site is a comedy show. There is far more informative posts on reditttt this week.

I needed an electrician today, didn't turn up. Guess he also been subcontracted to sort tolmount out 1000 miles away lmao!

HC - 366 is not 17p.

SK - dream on for your 300p entry

Just a theory, but if the yield on the bond is lower than previous bond, then I guess weighted average cost of capital also goes down, improving the present value of the enterprise and in turn the share price.

Dbno, sk - isn't this loan just refinancing another loan, so net position is zilch - why is it bad news? Am I missing something? Today's news was equivalent of no news, with some minor secondary effect due to difference in timing and coupon rate.

I'm only talking about today. It could've been worse with share unlocking today, I was expecting worse. Also you say 80 dollar oil, but what about gas being down today - why not mention gas. I agree its dismal this week given we got to 380 compared to other oilers, like I said I expecting a bigger nose dive due to unlocking hence my comment that it was better than I had expected to be today. Mind you you could've been in rkh. Also I think alot of the stuff you put out is total disgrace.

BEARS CLIMB TO A 1-YEAR HIGH (1201 EDT/1601 GMT)

The percentage of investors with a bearish short-term outlook for the U.S. stock market hit its highest level in a year in the latest American Association of Individual Investors Sentiment Survey (AAII).

AAII reported that bullish sentiment, or expectations that stock prices will rise over the next six months, slipped 1.8 percentage points to 28.1%. This is the third consecutive week that bullish sentiment is below the historical average of 38.0%.

Bearish sentiment, or expectations that stock prices will fall over the next six months, increased by 1.5 percentage points to 40.7%. Pessimism was last higher on Sept. 30, 2020 (43.1%). This is the third consecutive week and the eighth time out of the last nine weeks that bearish sentiment is above the historical average of 30.5%.

Neutral sentiment, or expectations that stock prices will stay essentially unchanged over the next six months, edged up by 0.2 percentage points to 31.1%. This minor uptick puts neutral sentiment only slightly under the historical average of 31.5%.

AAII noted that bearish sentiment is now "at an unusually high level. AAII added that, "historically, unusually high levels of pessimism have been followed by above-average and above-median six-month returns in the S&P 500 index."

With these changes, the bull-bear spread ticked down to -12.6 from -9.3 last week :



(Terence Gabriel)

*****

A few pointers - Oil $79 today, so no change, sterling up by 0.7%, value of oil in gbp terms is lower today, gas prices 4% lower and much lower in gbp terms, stock market sentiment today most indices are in the red today, considering hbr only 3% lower today I think it it was resilient, could've been worse with shares coming on board.

Harry funny you say that, so you're not interested in hbr but spend so much time post **** all day long. If you just went to their website, open their presentations you will get the answer in 5 minutes.