Member Info for ShaunCod

Thursday

So what you are saying that even though she has paid off huge amounts of debt, share buybacks and dividends that she should lose her job because the share price isn't as you want it because of issues like WTI affecting us?

Let's say no.

Because this is not a big deal just now. This part is a long term investment in gas which isnt producing any revenue for HBR until 2026... what will the gas prices be then? Why would we see an uplift over something which is a long long way off.

Once an increase in production and money in HBR coffers occur then why should the share price increase?

HBR is a good investment but there is a lot of unreal expectation that occurs on this board that people will inflate the share price. Maybe you should jump on AIM if you are aiming for unrealistic share pirce rises.

HBR is a medium/long term investment with a small side of short term with the upcoming debt free announcment sometime in 2023 (which i would expect to help the share price significantly) but really, we all just need to wait for RNS announcements and not just jump on anything thats mentioned.

Its called being an ITU nurse and experiencing covid first hand and the mental scars it brought afterwords.

There are no arguments with politicians taking unfair advantage of what happened and they should be put to account.

And having feelings for others is called empathy.

Nope it's not strange. When you have such a high vaccinaction rate. What you need to look is at the percentages of covid related deaths compared to the numbers vaccinated. It will show a significantly higher mortality rate and higher ICU admission for those unvaccinated.

The article is from 2001......

But they aren't fully opening yet, I think they are prepared to see if any action will happen with the government since the people forced their hand. The plan still is zero covid but they aren't being as extreme if you have mild covid.

When they drop the zero covid policy and vaccinate more then it will improve.

BP has wells located all over the world with minimal exposure in the UK so you can really count them in the same boat due to WTI.

SQZ are debt free so they've had news that HBR haven't which has obviously affected the SP in a positive way.

Enquest I'm not sure of (I've not really researched them).

You can't really compare them all equally because each company has different exposure etc etc. When HBR become debt free then it would be fair to see what they are in regard to SQZ.

The fact is each company are different and will go their own way.

HBR have done well in my opinion and its not shown in the SP but I'm in this for the dividends. More buybacks are good for me and the reduction in debt is also what I'm after. Let's see if there are any purchased planned once we get over that debt mountain.

Looking forward to the TU

First of all we have to be accurate. Its not a 75% tax. The 35% tax is on PROFITS only so we have to give the correct information.

The tax issue is difficult. In some ways I agree with a portion of the WTI but not 35%... the investment was a good idea and could have been very helpful but thet are shifting the goalposts.

I would like to see us have other assets outside of the UK but if we can buy some assets on the cheap.... I reckon its worth it.

If you are long term aiming for regular dividends then this is a decent stock with the share buybacks going to enhance the future share of dividends when they become debt free etc. As long as they end up having future resources of course.

Eventually the share price willl be worth selling out at but to be honest Im not holding my breath for soon.... I hope it will be but the way the market is reacting in general and the recession... A couple of years holding perhaps and a little bit of trading. I may start a little trading once the buybacks are completed.

Well airlines are down due to the recession and tax rises so not as many people able to go on holiday now so that makes sense.

But with HBR... who knows. Im just glad there are doing share buybacks at this level which are thankfully not being entered to the WTI profits calculation. The more they buy, the better.

The fact is there are a number of reasons why the share price has been depressed.

1. WTI for sure, the markets are aiming for 35%, certainly not 40%. There should be a windfall tax and it should stay as it is IMO however national crisis etc but it needs to be clearer what limits that the windfall tax ends. What certain prices? Also is it going to be expanded to banks etc etc who are also benefitting. Hpwever if it still announced 35% there will be a fall because people will sell, simple. I sold out yesterday at 352 but will buy in tomorrow no matter what but waiting to see what is announced. I personally expect a drop and will buy in but there are good fundamentals, there is profit being made, there are share buybacks and debt reduction. I am in this for longer term and looking at dividends wtc and selling when the share price is much better (potentially depending on the dividends that are announced..... i fully expect better dividends over the next few years for a cash generative company.

2. The government, for sure they screwed up and caused chaos in the markets. However the economies over all the G20 are going to struggle... mainky post covid and Ukraine at fault. Brexit has caused problems and our trade deals arent great... maybe regulation has been cut but we wont see the benefit for a number of years down the line still... i voted for remain and I think it was a bad choice to leave but we wont see any comparable benefits forn the UK for a while. Who knows, maybe it will be a winner and I was wrong and maybe not.

3. People are strugging... People going on strike for better wages (I am a nurse and want to be involved in strikes but I work in critical care so we will still be working) and people dont have as much money to invest... Realistically it will be a difficult few years but which is why i think holding these for a few years, reaping dividends until we are out of recession and growing is what I am after.

4. We all have different opinion which is expressed. But people calling each other brainwashed and idiots.... we all believe different things and should respect their beliefs no matter how nutty you believe they are. But Rooke.... you constantly complain about HBR and you keep makimg mistakes by buying it.... perhaps it will help your sanity if you either dont buy it or just leave it for long term and get the dividends.

Yes they are doing a good job, record profit share buybacks and a dividend. With their exposure to North Sea oil and gas then of course the SP is affected.

Rookie, just stay out of the share. You only keep complaining about the share so once you sell, please just stay out. All you do is regret and have no patience over any down day.

It was actually a 500 million share buyback which with half a billion has some 'balls'.

This is the last tranche of that 500mil. Then if they announce anymore then they have to go through the courts to sanction it.

So I'm happy they spent half a billion on share buybacks this year.

Truss out.

Next?

I doubt it. HBR has repeatedly spoke about being debt free and how would it seem that they then increased their debt to purchase someone else when there still is market uncertainty.

I believe there will be more share buybacks announced in time (be it in the November trading update or before) and once there is free cash then there may be some purchases but of specific wells since a lot of companies are offloading these cheaply.

Once we are debt free, we no longer as beholden to the creditors which will improve the hedges going forward, save us from massive interest payments that seem to be increasing rapidly and give us a layer of protection.

Of course the price will fall at times but at the moment this is still a company 1.1 billion in debt which the market will see. What's happened with covid and the subsequent crash in oil prices at the time has led people to be more careful with their investments.

However with the debt reduction, more free cash available THEN the share price will improve. I feel that a number of you think that it will be overnight?

And comparing it to previous prices, perhaps that the high was the anomaly? At the debt that HBR was at and the share price I feel we were very fortunate to have such a high share price. This price, for me is realistic until the debt has cleared. The market is a lot more careful now

Probably just your bowels

Last few days have seen a large increase in buybacks, seems like they are pushing these through in preperation for the next quarter of results. Perhaps aiming for another 100m of buybacks to be announced? (Hopefully)

Also a nice blue start to the day. I'm glad we seem to be holding our price and aiming for that 500p over the next month.

At this point there will be no chance of a takeover, shareholders wouldn't go for it. Especially with Timpan still being sorted out which could be a further cash cow for HBR. Maybe once this is sorted out and debt free (as the board surely realise that the SP jump would be significant once announced it is debt free).

I'm hoping for a further renegotiation of the hedges after year end for 2023/2024.

I like seeing the share buyback increased by another 100 million and see what they might announce in Q3 if prices remain the same... wouldn't mind more of the share buybacks.