Member Info for SS17

here she goes, I think from tomorrow it will keep going up and reach old PMO price 30p ;£6. assumption oil price staying above $70

dyor

BoA predict $100; HBr has both oil and gas … just hold tight guys, ignore daily ups and down , patience will be rewarded! I’m long on oil producing co !DYoR
https://oilprice.com/Energy/Oil-Prices/Goldman-Oil-Could-Hit-85-In-The-Fourth-Quarter.html?fbclid=IwAR0w0u0zSEIAMZlIwfhllGwV9c9-n8eImFHf3T_qiF1FzMrLwYD9Pljpp4A

https://oilprice.com/Energy/Oil-Prices/Goldman-Oil-Could-Hit-85-In-The-Fourth-Quarter.html?fbclid=IwAR0w0u0zSEIAMZlIwfhllGwV9c9-n8eImFHf3T_qiF1FzMrLwYD9Pljpp4A

It’s up £1.15…. FT news on US travel relax in EU

I think a lot will be cleared on 23rd , in my view at this price it’s a bargain. their latest presentation indicated institutional investors have taken position including global asset manager , pension fund , sovereign wealth funds, shows confidence in the company. It has a balanced portfolio with both oil and gas assets, cash generating business with> 180bopd …can’t go wrong. My target price £14 at a minimum ( old 70p pmo). Once starts giving dividend will fly ( assuming oil price stays above $65), as most shares will be in the hands of the institutions, day traders won’t be able to manipulate much

DYoR
https://www.harbourenergy.com/media/m4khgayf/210817-investor-presentation-august-2021-f.pdf

Very positive in my view, now the co is profit making, generating cash with free cash flows, reduced debts to 2.6x gearing. It's in good shape, given the oil is at $70 we should see Tullow re-rated to £0.65+. Waited to see the result and taken my position today, I think anything below 50p is good buy as long as oil stays above $70

does anyone know what is Tullow's current 2p reserve or estimated proven reserve? Reading todays reports it looks over 1.5bb?
dyor

Just fed up seeing negative post especially people like Snapper; if you have no interest or not invested in PFc why bother wasting time on this board? Plenty of other co you can look into and invest, please move on …. Those invested at this low price below £1.20 we all done out home work and taken the risk, we see potential here , time will tell whether we made good judgment investing into pfc! My target price £3.50 in next 12 -18 month ( subject to covid situation as well as oil price stays above $65!
DYoR

Just topped up, it’s a positive indicator Schroeder in … they did their homework to have a material stake in this co
DYoR

It is going back to 40p; what fundamental changes since then I thought even improved from the last update
DYoR

With 80% up in a day followed by 15% drop is not surprising at all …. Omi is in better shape now , hope it comes good ! Don’t forget two big gold miners behind omi and Newmont being the world top gold miners !!

DYoR

Didn’t see any reason why it won’t hit 40P+ Again, I would be interested to see how high it goes this time before next update !! Hold tight
DYoR

As said in my last post my initial target £8.50 by Oct ; in the meantime hbr giving buying opportunity before it gets tetaed and fly !
DYoR

Update looks in line with market expectations, time to top up ! I just did at £1.15
DYoR

Look at Austin Martin how share price rescaled following consolidation, hope HBr do the same ! I will keep topping up at below £4. It is worth much more , my initial target £8.50
DYoR

Bladesman,
Ofcourse you are entitled to moan, complain , get frustrated as ultimately it’s your money you invested and may be losing out ! I am just sharing my perspective those who invested into HBR not on PMo, wait 6-12 months and they will see some decent profit, it’s all about timing. You can revisit my post, I invested on both Tullow and PMo when they were below 15p when many were panicked thinking both will go bust due to low oil price and high debts ! We have seen how they re-rated , both gone 300/400 up , pmo deal with hbr was bad and I was out at that time but in again as HBR is in better shape with low debts with potential 200k bopd ! No brainer it will be be re- rated as long as oil price stay >70, May analysts even predicting oil boom continue to $100+
Imagine where Hbr will be at
DYoR

There are many impatient day traders expect share price to fly so they can just make some small profit, for investors who has view of 6-12 months, HBR is in great position to be re-rated, few factors;
1. Production to reach 200k bop
2. Low cost producers at ops $16 , with oil price above $70 it will be making big money as cash cow
3. Efficient management with private equity backed investors
4. Potential big reserves like Sealion project

Lot more positive about this stock, let the dust settle it will rise up
DYoR

Once it goes to institutional investors retail investors like us won’t be able to buy much as price will be much higher than now ! Hbr will be re/rated in due course, more likely post consolidation. Today update indicated it is going towards right direction; steady production level will reach 200k + bop soon with $16 ops cost, it’s a cash cow ! At this price it’s bargain as long as oil price stays above $70
DYoR

At the moment I think HBR is the most under valued oil stock; it may get re-rated after the update and share consolidation ; I guess market is still sceptical about HBR future whether they can produce 200k bop and maintain expected reserve . Plus this creditors overhangs, only around 23% share are floating, we may see fair value post Sep and following inclusion into FTSE 250 then may be ftse100. Fundamental is strong here with oil price above $70, backed by smart management and Private Equity investor, it will be a cash cow soon; market will realise and re-rate accordingly in due course. We have seen how tullow was rerated from 20p to 60p, HBR will follow soon. for small investor like us giving buying opportunity.
dyor

Nothing new that market don’t know , Pfc already priced in all bad news ! Let’s see how market react.

It went to 90p recently and many predicted it is going 70, but we have seen how it jumped back to £1.30+, with oil price at $70 pfc activity should go up, more contract more revenue. Hope sfo Issue gets resolved / Pfc clearance or penalty soon and kfc can move on with business.
DYoR

now showing 40 wow, looks like it may climb to 90p again