Member Info for Soder

As a voyeur only unfortunately

These are US/FDA emergency use only. Nothing to do with U.K.?! Or am I missing something.

Harbour Energy (UK, BMBVGQ3) will be added to the FTSE 250 Index and deleted from the FTSE SmallCap Index.

Why is it a rant? That’s the problem here. GM and Novacyt management board are appointed BY the shareholders, FOR the shareholders. The business does not belong to GM. It’s is a listed entity and he should be held accountable to shareholders who are his ultimate boss. Maybe that’s why he has been fired or is jumping ship. Maybe he can’t handle being the captain of a listed entity where scrutiny is public and visible.

MarcelKrel. Tullow has a lot of street analyst coverage actually. It’s just most of them are sell or hold recommendations.

The refi was great as it dug them out a hole. But having to refi $1.8bn to of debt with a 10.25 percent coupon for 5 years is really not great for shareholders. They also have 800m of 7% bonds maturing in 2025.

So excluding any cost of debt from drawn bank rcf/RBL debt their annual CASH interest bill is $240.5m. That’s dead money out the door every year. On that basis tullow is run for bond holders and not shareholders. Which is why they are dragging feet on Guyana.

Here is the full list of coverage with current price targets

Berenberg buy 125p
Hannah & Partners 112p
Stifel buy 91p
Peel hunt buy 100p
SP Angel strong buy 110p
Finncap buy 110p

That’s fair. Thanks for responses.

Interesting kaeren. Would you kindly be able to point me in the direction of the article please.

Lewis is your friends response private or would it be possible to share also?

Thanks

Here is my thought. Did you hear they invented the wheel?

Last weeks news is this weeks chip wrapper.

So what you are saying is that you are an attention seeker? If you want a friend, get a dog. This is a Novacyt chat board not the Samaritans and not a dating site.

I agree with the OP. Testing is over. I can’t see any reason why national governments and scientific advisors would need to keep testing in place as we approach the end of the northern hemisphere summer. I mean, it’s not like last year at all now. You remember that, right?

When cases in summer were non existent and then the whole northern hemisphere had to lockdown again as the weather turned cooler, the nights get longer, it became much damper, and as such was prime virus breading conditions.

It’s not like there was no flu season last year because were essentially locked up from November to March. It’s not like GOVERNMENT scientists are already warning over a terrible flu season and the ONLY way to distinguish between flu A, flu B, RSV and COVID is via PCR test. I am sure the government has no issues in being caught with their pants down for a second winter in a row. Especially as lockdowns have ended and we are all out and about. The government know the public will be so forgiving if they **** this up again and we all end up back in lockdown.

And re mutations. The government and the people know that the best way to stop a virus mutating and being carried by your citizens into the country (because air travel has now resumed) is by sticking 3 weatabix up your ass. Yes indeedy. No need to track those mutations with bioinformatics anymore now Kellogg’s are on the job.

And vaccinations now mean it’s all over anyway. No one who has been double jabbed has contracted the virus or ended up in hospital. No one. And best of all the virus manufacturers have come out and said that their jabs give 100 percent life time immunity. Guaranteed. As such will be no need to test immune response over the next few years amongst populations. And those populations who have not even had any vaccines yet, well no one cares about them do they. The most important thing is 52m brits have had the jab.

Yep people. Testing is over.

670k was total number of tests. If you then click on test by type you can see pcr tests were 235k out of 699k capacity.

The balance will be lateral flow.

Also remember though this is just government data. I would suggest a huge chunk of pcr is now private sector given travel.

Maybe harchris but personally I no longer wear one… for no other reason than I don’t want to. Does that make me selfish? Maybe. But forcing people to wear one when they don’t want to is not selfish then? Agree it’s about consideration of others but I’m at the point where I feel it’s time to put me and my family first. if people do co to ur to wear them (and so so many are) to maybe protect themselves that’s great but it’s got to be about free choice now.

And for that reason I think testing will be around for much longer than I personally ever expected.

I dont think people have been convinced at all. I think people just want to be treated as adults that know the risks and can make THEIR OWN de idioms around them. Wr have to get on with our lives. Life is not a longevity contest. We will never get zero covid.

Thanks :)

A Friday Red is this most autumnal of summers sounds like a great plan.

Up the Novacyt.

I know this is massively hypercritical of me calling you out for starting needless threads by…starting a needless thread but I am loosing my mind at your inability to figure out how to use this most basic of website forums. I am not sure if you have seen my previous comments in the several needless threads you have started so I am posting you a special thread in the hope you can help soothe my OCD.

Can you PLEASE start using the Nobbing REPLY button when you respond to a message rather than the BIG BLUE POST MESSAGE button.

The REPLY button is located at the end of the thread you are reading and responding to. It’s is RED letters and looks like “Reply >”. If you use this button you dont start a new thread every time you make a comment and your response will be attached to the original comment/thread. You had a situation this morning when you were starting new threads replying to you own threads. For someone like me with ocd and probably on some spectrum your inability to find that reply button is like torture. I’m literally losing the will to live when I log on here and see the top 5 threads are just responses you have made to other threads. Please help me. Much love.

They should 100 percent be doing buy backs!! I would fully expect that to happen next year and they should do it at the expense of a dividend.

Harbour will already be below 1.5x net debt ebitda on pro forma basis.

Last reported net debt was 2.7bn as of end of may. They had been running that down by 100m a month since March. Capex this year is back ended - they spent 330m in first 5 months with another 750m due in the second half. But given commodity price strength I would expect year end net debt in the region of 2.6-2.8bn.

I calculate ebitda will be min 2bn even at the bottom end of the reduced production guidance for 2021. Next year with tolmount on line and production of 230k a day, and using the hedge profile they have made available, then using 68 spot oil (very conservative) and 60p a therm gas (it’s current at 100p) then you get 3bn of ebitda.

Hence leverage is going to be 1.3-1.4x at end of this year and will be sub 1x next year. This business should not reduce debt that anymore as it would have a very inefficient cap structure if it did.

Ffs jackin. Hit the ****ing REPLY button on a thread instead of posting a new thread every time you say something. You are filling up the entire board and it’s getting on my tits now. Rant over.

I wouldnt be surprised is this means we are maybe doing some m&a in the background and we get pro forma financials when this completes. However, change of ceo would be odd/off timing wise that we were buying simile and he was bolting pre integration.

If you have any confidence that we will hold the range around 70 on oil and gas north of 60p a therm (it’s currently 100p) you should sell your car, sell your house, sell your wife, sell your kids, sell whatever you can to buy this stock.

We are trading at like 2x 2022 ebitda which is beyond ridiculous. It’s very rare you get an invite to a free money party. You have a golden ticket. Don’t waste it.