Enquest Share Discussion Threads

[leoneobull] 11/4/2019 17:20

Gregpeck. How many do you hold now?

[stupmy] 11/4/2019 16:07

I was hoping for a little pop up in the price at the end of the last 2 h period. Unfortunately, it came at the start of the next. I've bought back a little of what I sold (10%) at 22.5, in the hope of seeing a new swing high. The reason if anyone wants to check it out is the formation of a bullish hidden divergence (1433 stoch from price) on the 2h chart. If it pans out, we may see a rise tomorrow. Very tempted to add further.

[gregpeck7] 11/4/2019 15:45

That 90,000 was my top up. Not a sell.

[ammu12] 11/4/2019 14:18

Looking for a lower entry. Enquest never disappoints. Wait for poo to go down and share price to drop 10%.Can't be far away with enquest

[gozzy88] 11/4/2019 13:55

Down 1% and ammu with the crystal ball pipes up ?

[ammu12] 11/4/2019 12:59

May see sub 20p once again at this rate

[master rsi] 11/4/2019 12:00

BEST "POST" TODAY @ 09:45
By "spindok"

Last night I read the Investing report on stocks . A large draw on gasoline, cutbacks by Opec, Venezuela exporting less and overall a very bullish sentiment.

This morning only 10 hours later it has all changed.
This is why looking a day to day is so stressful. Then on the Deb site there are people who bought years ago and just sat back and have ended shirtless. I now just pop in and out when I get a few minutes and ignore the macro.

A quiet life is beginning to beckon at 1.4% in a building society but even then our shower of shyte in Westminster are doing their best to cheese me off.
After ten years I was forced to move because of traffic, drugs and crime. Having moved my life has become totally better but does anyone want to buy the old place to use as a crack house or brothel.

Enquest in my opinion has an excellent upside but I am thinking of selling imported tobacco instead as it is pays better dividends!!

[deanroberthunt] 11/4/2019 11:28

notwithstanding the cash raises via shares, this stock is no higher (hardly) than before Kraken production, and Magus addition, when Oil was $30 per barrel...and debt was higher....go figure

[onedb1] 11/4/2019 11:15

The article though is so dramatic. "Failed to extend gains" on a current year high is somehow made to seem like a bad thing and they casually forget the 7m gasoline draw and refinery utilisation rates, leaving the global inventory decline bit for crude at the very bottom of the article tooSomeone should point out that it takes just over 2 barrels of crude to get 1 barrel of gasoline . That US inventory build did not see a decline in price post announcement but a rise precisely because traders know the refineries were either still in maintenance or having issues like in Texas where just over 5m of the inventory build is accounted for . It's been going on for a few weeks now and distorting the crude build figures

[ammu12] 11/4/2019 11:08

Dropping now

[master rsi] 11/4/2019 10:38

How a few hours change the scenario of tomorrow's predictions on the share and Oil price, Brent currently at $71.20 ..........


Oil Retreats as swelling U.S stockpiles undermine OPEC's cuts - Apr 11-06:23
(Bloomberg) -- Oil struggled to extend gains beyond a five-month high as an increase in U.S. crude inventories to the highest since late 2017 overshadowed OPEC’s efforts to reduce production.

Futures fell as much as 0.5 percent in New York after climbing 1 percent Wednesday. American crude inventories rose by 7.03 million barrels last week, Energy Information Administration data showed. That may undermine Saudi Arabian-led efforts to curb a glut, with OPEC saying in its monthly report that production tumbled by 534,000 barrels a day last month to around 30 million.

Output cuts by the Organization of the Petroleum Exporting Countries and its allies have propelled crude’s 42 percent surge this year, with supply disruptions from Libya to Venezuela adding impetus. While the OPEC report points to a much tighter market in coming months, higher prices may incentivize more American shale production.

“While there’s still room for oil to edge higher and temporarily reach $65 a barrel, a new psychological level, the bullishness will then prompt American drillers to boost production, said Kim Kwangrae, a commodities analyst at Samsung (KS:005930) Futures Inc. in Seoul. It’s becoming harder for oil to keep rallying as its already gained so much this year, he said.

West Texas Intermediate for May delivery fell 25 cents, or 0.4 percent, to $64.36 a barrel on the New York Mercantile Exchange as of 10:10 a.m. in Singapore. It finished up 63 cents at $64.61 on Wednesday, the highest closing level since Oct. 31.

Brent for June settlement declined 14 cents to $71.59 a barrel on the London-based ICE (NYSE:ICE) Futures Europe exchange. The contract climbed 1.6 percent to settle at $71.73 on Wednesday, the highest close since Nov. 7. The global benchmark crude was at a premium of $7.18 to WTI for the same month.

U.S. crude stockpiles expanded by more than double what analysts had forecast to 456.6 million barrels, well above the five-year average, EIA data showed. This suggests American output, which held at a record 12.2 million barrels a day last week, may still add to a global glut.

OPEC’s production -- at 30.022 million barrels a day -- is about 758,000 barrels a day below the average amount the group believes is needed during the second quarter. The plunge last month was amplified by the crisis in Venezuela and if output remains at current levels, global inventories will decline sharply this quarter and next, it said.

[seangwhite] 11/4/2019 10:38

ENQ needs to show reliable and hopefully improving oil production from Kraken to get any real uplift in the share price In a month or two we could get this and then 30p might be on the horizon.Anyway back to comments the best comedy show in town 'Brexit the musical' with Johnny Depp as Farage its bound to be a winner.

[master rsi] 11/4/2019 09:43

That's enough Brexit after this one .......
HALLOWEEN BREXIT: TRICK OR TREAT'Y'?
You could be forgiven for thinking that European leaders were having a bit of fun when they agreed to give UK PM May until Oct. 31 to convince her disgruntled Brexiteers to back her exit deal.

The date was not lost on social media - #HalloweenBrexit was one of the trending topics on Twitter in the UK. One Twitteratti suggested the country is set for Nightmare on Downing Street, another channelled the Rocky Horror Brexit Show, while others depicted Brexiteers Jacob Rees-Mogg and Nigel Farage and the PM with ghoulish masks.

Suggestions for the best Hallowe'en costume are coming in thick and fast.
BBC political editor Laura Kuenssberg says she's going dressed as Donald Tusk, while another Twitteratti says she's going as a bus with lies on the side, a reference to the Leave bus which was emblazoned with pledges about the benefit of Brexit that have been questioned for their accuracy.

In another ghoulish sign, news of the summit deal in Brussels that means Britain will not crash out on Friday without a treaty was announced at the stroke of midnight. CMC Markets' Michael Hewson notes that the delay was much longer than the UK was looking for, but also shorter than most EU leaders were proposing.
"The fly in the ointment so to speak was France and French President Emmanuel Macron, who pushed back on the rest of EU leaders, by insisting that an extension until June was sufficient,"
Hewson writes. Some creative headlines in the UK media: Brexit could haunt UK until Halloween - The Guardian Brexit: Trick or treat? 31 October Halloween deadline is both - BBC Halloween horror or brilliant Brextension? - Metro MAY'S NIGHTMARE Brexit delayed AGAIN until Halloween in humiliation for May's will we EVER leave? - The Sun

[stansmith3] 11/4/2019 09:31

the public delivered a hung parliament necessitating a compromiseits not the fault of mps or may, the public caused thisdeal with it

[deanroberthunt] 11/4/2019 09:31

I'd wind the clock back to 1980 and reset in a heartbeat

[deanroberthunt] 11/4/2019 09:18

they had the pros and cons and voted to leave....end of.

we should have left on a no deal.

[stansmith3] 11/4/2019 09:16

the public were told we would have an easy deal and a utopia awaited

[deanroberthunt] 11/4/2019 09:11

And, the remainers always miss the point.
Leading up to the referendum, the public were told, that if we leave it will hit the economy and jobs, and companies would relocate...shall I repeat that!
...and we still voted to leave
“I'd rather be a poor master than a rich servant”

[deanroberthunt] 11/4/2019 09:04

dunno how you work that out, when the latest figures show the UK growing at a faster rate then the EU

[stansmith3] 11/4/2019 08:56

all these companies leaving the uk is just our imagination then...uk investment decline another myth...can always rely on a brexiter to show their ignorance