Enquest Share Discussion Threads

[svenice7] 24/4/2019 17:03

There are two reasons for the SP;The market is irrational or The market knows more me.

[andypop1] 24/4/2019 15:03

At this rate you'll need a decompression chamber but keep them coming!
Consolidating is always a good one.

[gregpeck7] 24/4/2019 14:00

They are just compressing this as possible post yesterday's rally. I suspect we are at or about maximum compression and they will let it go again anytime now.

[deanroberthunt] 24/4/2019 13:58

one day rodders

[deanroberthunt] 24/4/2019 13:47

limited newsflow here doesn't help, PMO has much more going on...but this is still more undervalued on fundamentals

[stansmith3] 24/4/2019 13:41

still haven't eased through 22 at brent 74, never mind 66we can but hope for that or maybe onedeuchbag or master gaslighter will come on and move the goalposts..at this rate we need 100 dollar oil

[onedb1] 24/4/2019 13:31

Realised price this year is looking higher or at least has the potential . Part I miss is any discount to Brent . To get an accurate value of actual Brent front month future ( just over $65ish ) plus Hedged production plus discounts . The blend should get us close to a realised price . I suspect though that it's looking a bit higher than $61 at the moment .

[svenice7] 24/4/2019 13:03

Oil pushing up again

[thevaluehunter] 24/4/2019 12:50

2019 production guidance up 20% on last year and $150m ebitda for every $10 in the price. 2018 ebitda was $716m on a realised price of $61.2.

[deanroberthunt] 24/4/2019 12:41

just keep pumping
just keep paying off that debt
and he will come

[andypop1] 24/4/2019 12:05

Meanwhile, back in the real world the enevitoble fall back continues but keep pumping son!

[gregpeck7] 24/4/2019 10:59

Ps pmo is now up.

[gregpeck7] 24/4/2019 10:59

Brent almost at 2019 high again. Very interesting. Terrific strength. This could well end blue if some buys start landing.

[jotoha2] 24/4/2019 09:46

Great chart , it must be very frustrating for some here , at this rate my first target of 25p will soon be met.

[mreasygoing] 24/4/2019 09:35

Nope, still waiting.

[stansmith3] 24/4/2019 09:29

so you didn't get a reply?

[mreasygoing] 24/4/2019 09:17

The oil price goes up, the oil companies trend higher, the oil price goes down, guess what ? Spivs with emails and ramps with their cronies, should stick to their usual micro cap mining and oil and gas shares.

[stupmy] 24/4/2019 08:28

Yes, that's a shame to be honest. At the heart of it, we're all here to make money and we have different skill sets and experiences. You'd imagine it would be possible to be accepting of the views of others. But that's where human nature comes into it, and you simply can't change human nature. Oddly enough, that in a nutshell is why TA is helpful. You can read human nature (or it's consequences in the form of money flow) from trading patterns.
It's the same for anything when you have in depth knowledge and an open mind Steve. In fact the more you know, the more you know that you don't know if you see what I mean.

"He who knows not, and knows not, that he knows not is a fool, shun him"
"He who knows not, and knows that he knows not, is a student, teach him"

Thats about where the quote becomes 'non-ideal' for me, as being a student is already the path to becoming an expert, and being an expert is to recognize that no matter how much you think you know, you know that there's even more that you don't know.
You sound like you have true knowledge to me.

[steve73] 24/4/2019 08:14

Cheers Stumpy,

I confess TA is to me like a "black art", but it does generate much of the argument that distracts from what would otherwise be a very useful and informative discussion board.

As I tried to indicate in my original post, there are often contradictory analyses in many aspects of oil production, but they rarely generate the same heated debate as TA of the share price seems to do. Too many trying to talk their own book I suspect.

edit. LOL stan...

[stansmith3] 24/4/2019 08:11

Not to mention that those analysing it have called it wrong repeatedly, so they dont seem to have an understanding of what they are trying to do either?

[stupmy] 24/4/2019 07:56

Steve, apart from the comments on TA (which show a total lack of understanding of what those analysing it are trying to do), that was a great post. I've ticked you up regardless.

[gregpeck7] 24/4/2019 07:32

Ps give it about 4 weeks till we see the I wish I had bought more around 23p type posts he he. They are already being penned I think.

[gregpeck7] 24/4/2019 07:31

I think, and this is a personal opinion they Are looking to deliver an aggregate picture at the agm. I will be there so if there are questions in this area it will be interesting to see. It's a fine line between over communicating and keeping shareholders up to date. They also possibly don't want to say kraken is fixed to then hit an issue and look incompetent. So they may be erring in the side of caution. I'm happy to keep buying at these levels and will make further purchases in the next 10 days as and when I can...

[stansmith3] 24/4/2019 07:26

just a pity enq wont release an rns saying initial results are x and we will update in april and maythat would get the share price movingnow i guess they will be inundated with emails asking if the production improvements observed so far are continuing...its all public and easily verifiable after all ;)