Member Info for stingaling

Bought my first FIN shares this morning, after watching for a good entry point.

I think the share price will continue to bounce around but 25p seems like a good price to me.

Will hold at least a year as am excited about prospects for FIN, but could take a while for investments in Canada/UAE to come good.

I think Rookie1's tin foil hat has slipped off his head.
Another conspiracy!

As I understand it analysts are cautious about HBR due to the low RTP ratio.
I don't know how HBRs RTP compares to other oil companies.
Anyone have any info/opinion on this?

Complete nonsense. America does not want Europe to be dependent on it. And Europe does want Russia to integrate into the global order through trade etc. Unfortunately Putin makes that impossible.

Debt free now = on the shop floor

What is that supposed to mean?

There is no point wishing for a super high poo just to make some money on HBR, swings and roundabouts....

Itsmymoney, agree with you. However BoD are likely being bombarded with ideas from investment bankers telling HBR that they can buy X, Y and Z and if that they don't someone else will; and that if they don't expand a bigger player will buy HBR and Directors will all be out of a job. It's a dog eat dog world. On top of that we know that HBR strategy is acquisitive, so it is probably going to happen. Sterling gyrations might put that off for a while or precipitate something.

LSE shows a PE ratio of 56. Is that based on historical earnings?
Surely the ration is more like 5 ?

No to SQZ acquisition. Companies always have to overpay. If you want to buy SQZ shares you can buy then yourself. I would like the bigger dividends.

I prefer dividends to buybacks. That way you have the choice to reinvest or spend elsewhere.

The sad truth is that ESG/SRI investing excludes oil & gas companies like Harbour Energy. This stock should be much higher already but I am not convinced it will rise as fast as it should. Nevertheless I am holding as still underwater.

https://www.thetimes.co.uk/article/harbour-energy-to-be-freed-of-debt-after-tenfold-rise-in-profits-wf6fbj9tm

Oil down, HBR up. Oil up, HBR down...
This share drives me crazy!

Something to bear in mind is that there is a lot of US pressure to get the oil price down so as to make it even harder for Russia to finance its war in Ukraine. Seems they are succeeding on this front. If POO gets back to $60-$70 this will really put the squeeze on Putin.

Russia cuts off its nose to spite its face.
Customer service Russian style.

ii have paid my dividend this morning.

Bought some more at 4.72

I can only imagine that HBR is suffering from anti-fossil fuel woke investment strategies.

Sorry, but despite your request I HAVE taken your advice.
If it's wrong then I will of course be suing you.

..its nose to spite its face.
Russia is now effectively sanctioning itself!