Member Info for shuttts

My hope is that IF everything goes as planned and IF HUR can access the massive reserves that are down there, then every speculator in the country will pile into HUR to "get rich quick" a bit like they did with Tanfield all those years ago, which will send the SP way over where it ought to be.

I think HUR is primed for the rampers and speculators to pile in - when you consider phrases banded about recently like HURs fields have more oil in them that BPs and Shells local fields combined.

It's got "get rich quick" written all over it ;)

I still think this company is seriously undervalued, I think part of the issue is, well...

...they're just so quiet.

You hear nothing from the directors unless it's the interims or results.

No one likes to blow their own trumpet, but in this game a bit more news flow I think would definitely help the share price to get where it ought to be.

Otherwise with nothing apart from an update each 6 months it looks like they're just plodding and going nowhere, which isn't the case.

According to a commentator on another board, HUR have done presentation in Boston and now moving on to do presentations in New York.

Why? Looking for institutional investors?

Coincidence share price dropping at same time?

I started following these when they were last reported in investors chronicle - that article said they have net cash of 886 million - but it's actually net debt isn't it?

Or is it?

I think this one could do well, they're growing through acquisition, which isn't necessarily ideal, but the earnings that have just been reported will have swollen by huge amounts next time due to the acquisitions.

I'm in with a toe in the water jobbie.

Look good to me, special dividend confirmed.

So, results tomorrow and since they already announced a while back that they expect to be ahead of expectations then hopefully tomorrow will see a decent rise, and there could well be a special dividend on the cards too. However, remember to always expect the unexpected (phoneshop).

In fact, quick back of a fag packet calculation - last time they did 127 million in sales, which resulted in 78 million of gross profit. If the supply problems knock sales down by say 50% for 6 months, that would mean they need to fund almost a 20 million shortfall in gross profit, so that 34 million in the bank might well end up being less than 15 million, and maybe even less than that. Then you're probably looking at more like 15p to 25p per share.

I'd guessed the price would drop more once the results were released and was looking to buy back in because I thought it'll be well underpriced then, especially with all the cash in the bank, but this supply chain issue is what's worrying me too. If they lose 6 months of sales there might not be any cash left in the bank and the price could fall further.

I bought in at around the �1 to �1.15 range, but I just added some more recently at 1.52 because I'm very confident that these are under valued still and there'll be a healthy dividend announced with the Q4 update in Feb

I bought some at c.80p then topped up at 60oddp, my average is about 73p - I had faith these would perform strongly, now I hope to see the share price get back to where it ought to be. They'll probably end up being taken over lol

I've been holding these for about 6 months or so now - it's very quiet in here, apart for the echoes, hope that means I've got in early.

I've sold mine as well - what I liked about them was that they were generating cash and had no gearing, I don't like the idea of borrowing so much money to buy a competitor because it usually ends up either working really well, or being a huge mistake - so it's a gamble. The entire model has changed so I'm out for the time being until it becomes clear what impact this purchase has had, and whether it's been a good one or not.

I've held these for almost a year now, I think they're seriously undervalued. My other favourite apart from these for the same reason is Anglo Pacific.

I cant believe these are back down here, seems insane with the last numbers - am hoping they get back down to 100 and I'm going to buy more of them.

Hmm link removed - if you search in google for apf 177668 it's the proactive investors report. They think the shares should be 190ish and could hit as high as 300 depending on the outlook at the half year point.

Hello fellow APF investors, I bought into these a couple of months ago and again when they fell to 112 recently - just kicking myself I didn't add more at 103 but I was starting to question whether there was something I'd missed. Look like the only thing I missed was a great opportunity before the trading statement came out! I think these (IMHO) are so undervalued now it's due a massive re-rating sooner rather than later, there's an interesting article linked to below if it hasn't already been posted. https://www.google.co.uk/amp/www.proactiveinvestors.co.uk/companies/amp/news/177668