[ADVERT]
Share Name Share Symbol Market Type Share ISIN Share Description
Enquest Plc LSE:ENQ London Ordinary Share GB00B635TG28 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.45 1.84% 24.95 24.90 25.00 25.30 24.75 25.00 2,049,564 16:35:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 633.2 -414.0 -27.6 - 471

Enquest Share Discussion Threads

Showing 14851 to 14872 of 14875 messages
Chat Pages: 595  594  593  592  591  590  589  588  587  586  585  584  Older
DateSubjectAuthorDiscuss
15/10/2021
14:26
30p here we come!
urchin1
15/10/2021
13:14
Struggling to break through the 25p mark
gozzy88
13/10/2021
01:10
Next Kraken offload booked: https://bit.ly/2YNo7KM
steelwatch
11/10/2021
17:38
Anyone know when next ops update is due? Late Nov last year.
richardbroughton
11/10/2021
17:27
Only if POO hits $150 !
richardbroughton
11/10/2021
08:15
Should get into the 30's soon
ammu12
09/10/2021
07:44
If anyones French isn't up to it: Jefferies changes from hold to buy with a target of 30p.
grahamg8
08/10/2021
10:00
Now Barclays raises price to 39p.....
ammu12
08/10/2021
08:45
Broker upgrade: https://www.zonebourse.com/actualite-bourse/Avis-d-analystes-du-jour-Vivendi-Novartis-Daimler-Compagnie-des-Alpes-Boohoo-Zur-Rose---36633684/
steelwatch
08/10/2021
07:36
STOCKHOLM (NyhetsbyrÄn Direkt) Jefferies International raises its recommendation for Enquest to buy from hold. The target price is raised to 0:30 from 0:24 pounds.
ammu12
06/10/2021
12:09
Some chunky buys coming through now
gozzy88
06/10/2021
07:43
Hadn't spotted that the RNS was after 16.30 and so would have no effect on the share price yesterday. The deferred tax asset figure from 2020 results is on page 140 of the annual report note 7c $497.5m. New figure from H1 Results issued 2/9/21 roughly 1/3 down in Financial Revue $653.4. So the change is certainly positive, and could be said to be old news. But this would depend on just how closely you read the detail at the time. More worrying perhaps is that the Enquest finances are so convoluted even their own accountants can't keep accurate track. The message, that can easily get lost in the detail, is that Enquest won't be paying Corporation Tax for many years even at current oil prices because of accumulated tax losses. And also, as in Golden Eagle, the price Enquest can pay for new acquisitions is higher than the competition because they can utilise the 'deferred tax asset' as part payment (non cash).
grahamg8
05/10/2021
20:22
Thanks to both.
bomfin
05/10/2021
20:15
It was all explained in the HY report: "Subsequent to the publication of the Group’s 2020 consolidated financial statements and as part of the preparation of this interim report, the Group has determined there was an inconsistency in the calculation of the deferred tax asset recognised on the balance sheet associated with Magnus contingent consideration and the relevant estimated future cash flows used in the calculation of future taxable profits to support the recognition of this deferred tax asset and the deferred tax asset associated with other available tax losses. This inconsistency resulted in excess deferred tax being derecognised within Remeasurements and exceptional items of $146.6 million with respect to the period ended 30 June 2020 and $155.9 million as at and for the year ended 31 December 2020. There are no changes to the underlying amounts recognised in relation to contingent consideration or to amounts recognised in respect of deferred tax in earlier periods. The tables below reflect the corrections to the comparative periods which are disclosed in this interim report." Short answer is that non current assets increased by $155.857 million.
1347
05/10/2021
20:12
The 155.9 dollar write off mentioned in the RNS was to correct the dec 20 accounts re deferred tax and was shown in the June 21 half year accounts as included in exceptional items. It looks like the GE acquisition is now going to be completed early November due to a delay in the hive down of the asset into the company which Enquest is going to acquire. Reference LSE enquest bulletin board posting at 17.51.
lonrho
05/10/2021
18:06
Wow Grahamg8. Thanks for that. Guess we`ll know more in time.
bomfin
05/10/2021
17:28
bomfin, the all important question is whether the discrepancy is positive or negative. I'm inclined to believe it must be positive otherwise the share price would have collapsed. It means the book value of the company as a whole has been wrong by a huge amount.
grahamg8
05/10/2021
17:18
Anyone able to explain the rns that just went through.
bomfin
05/10/2021
12:52
It's gone up 150% in 12 months!
richardbroughton
05/10/2021
12:29
Should be 30++ now
ammu12
05/10/2021
12:20
Brent over 82 again...25p seems close despite no news
chrisa1
04/10/2021
18:44
enq 24unreal
stansmith3
Chat Pages: 595  594  593  592  591  590  589  588  587  586  585  584  Older
ADVFN Advertorial
Your Recent History
LSE
ENQ
Enquest
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20211017 03:44:06