Armageddon
12 Jun 2019
Quiet on here Beatley: Yup, I just can’t see the shale boys continuing to drill themselves into oblivion when their shareholders are banging on the door demanding returns. Their share prices are being hurt just like Premier’s, which should focus the mind in terms of cash allocated to production growth vs shareholder returns To be honest, not as clued up on shale etc. But i if your right, it’s going occur wti very sub 50 pb imo Maybe nearer the time of said the time to buy here? Hard to know until nearer the to me though.
Beatley
12 Jun 2019
Quiet on here Yup, I just can’t see the shale boys continuing to drill themselves into oblivion when their shareholders are banging on the door demanding returns. Their share prices are being hurt just like Premier’s, which should focus the mind in terms of cash allocated to production growth vs shareholder returns.
Armageddon
12 Jun 2019
Quiet on here lots_of_sense: I doubt Trump wants to be known as the President who takes the USA into a recession no matter how much he tries to blame the Fed, Trump was promising his vote base ‘dirt cheap oil’. Smart man. Planned the future. Rather than a weak indicator, it’s a fulfilment to refer to lol. lots_of_sense: doubt Trump wants to be known as the President who takes the USA into a recession Don’t think he has much choice there? Maybe escape technical recession in first term? If he does , definetely not second.
lots_of_sense
12 Jun 2019
Quiet on here Armageddon, the short interest in Q118 was down to convertible bond holders hedging positions prior to bonds converting. So once they converted, the short interest disappeared, hence no upside price action. The current ones are more trend is your friend / technical hedge funds, whether they are right or wrong depends on when they buy back. Now the bigger question is do these funds also provide liquidity on a daily basis and day trade the shares, so not increasing their overall positions but having an impact on the daily price ? Also other hedge funds know there is already 3.22% disclosed short interest can equally jump on the bandwagon upto 0.49% without disclosing anything, so we don’t know what the real number is but they know AHL will continue to sell if the trend is going the right way. Anyway, I expect whatever Trump does vs China, Opec+ does around oil output, shale players do around shareholder returns vs growth will all play an important part in the future price of oil going forward IMHO. I doubt Trump wants to be known as the President who takes the USA into a recession no matter how much he tries to blame the Fed, it would lead to him losing the US Election which for a man with his Ego is probably worse than anything…all IMHO
Armageddon
12 Jun 2019
Quiet on here Beatley: In view the world is still heavily reliant on oil and when shale growth disappoints, which I think it will in H2 this year, Key moment for bears and bulls alright
Beatley
12 Jun 2019
Quiet on here Entirely possible, I have no problem people being short the stock I’m long on. In view the world is still heavily reliant on oil and when shale growth disappoints, which I think it will in H2 this year, then the oil sector will finally have something to cheer about. Might be wrong, but we’ll see.
Armageddon
12 Jun 2019
Quiet on here Beatley: Why? Because the price is down? Some people have a longer term view, Yes but what if those people with a longer view, are funds borrowing stocks to short etc? How long were they on Carillion? A lot longer than most bulls
Armageddon
11 Jun 2019
Quiet on here I’m short this longer than most investors are holding it. And will be another 2 years minimum
Beatley
11 Jun 2019
Quiet on here Why? Because the price is down? Some people have a longer term view, which to be fair, is looking fairly shaky as well at the minute.
Armageddon
11 Jun 2019
Quiet on here Beatley: To be quiet honest, I couldn’t care less what you do and don’t look at. Maybe you should. Ouch
Armageddon
10 Jun 2019
Quiet on here Fair enough lol
Beatley
10 Jun 2019
Quiet on here Very clearly?! Lol, I haven’t got a clue what you’re on about.
Armageddon
10 Jun 2019
Quiet on here Beatley: Hopefully the final Zama appraisal well come in as expected and Premier put a big fat ‘For Sale’ sign up on the asset Who would buy debt ridden dog?
Armageddon
10 Jun 2019
Quiet on here I am talking about your your points made. Very clearly in fact. Its all worthless data today. Not worth discussing
Beatley
10 Jun 2019
Quiet on here To be quiet honest, I couldn’t care less what you do and don’t look at. If you don’t want to engage on the points covered on the thread then don’t bother commenting. If you want to talk technicals, or whatever you use as your investment strategy, then start another thread.
