Enquest Share Discussion Threads

[ammu12] 01/6/2021 13:32

Wow Brent just smashed 71.....

[stansmith3] 01/6/2021 13:31

Well it is interesting if nothing else, as we know the serial bedwetter onedb and the gaslighter tried every which way to link enqs share price to brentwith each cycle of oil prices over the last few years enquest found itself more disconnected than everi find it astonishing that this pattern is still intact, but here we are with brent at 71 and enq at 18, has the disconnect ever been wider?surely it cant persist?

[ammu12] 01/6/2021 12:50

This will rerate. Patience required....

[bomfin] 01/6/2021 12:42

The rising trend from November is intact with average. 1.5p/share price gain per month since then. Ammu 9 mentioned positive cash per month of £40 million. I agree, though have it a little higher. If anyone knows of a better opportunity. Any company making money this quickly relative to their market cap and yes even (market cap + debt) please let me know.

[ammu12] 01/6/2021 09:31

"The strategy that OPEC has played out here is working...Crude oil prices will be at least trading as high as $75 as we go into the start of next year."--Wayne Gordon, UBS

[ammu12] 01/6/2021 06:53

Brent crude just hit $70/bbl... and with very strong US gasoline demand for Memorial Day weekend, it might not end yet #oott

[stansmith3] 31/5/2021 23:01

negative to you maybefair to me and more importantly consistently correct for about 5 years

[ammu9] 31/5/2021 21:15

ammu12 - I hope that you have learnt your lesson of posting 12p one day and 30p the next ! De-ramping then ramping loses you respect ! This does you NO favours at all and makes you look silly ! People then have NO trust in you or respect !
Post what you truely believe brother ! Your posts have been better of late, keep up the good work !

[ammu9] 31/5/2021 21:09

Stanley,
Are you actually invested here ?
Your posts are negative and I wonder why you are here ?
What's your thoughts on the GE deal ? My numbers give Enquest around 40m a month fcf at present. what fcf do you have ? I have share price target price of 40p for 01/10/2021. Do you have any target prices, or are you just here for the banter ?

[steelwatch] 31/5/2021 21:03

Hooked up to the FPSO 6 or 7 hours ago, so on track for dispatch tomorrow making it 15 days assuming no problems.

[ammu12] 31/5/2021 12:43

#OPEC maintains demand growth forecast of 6 million bpd in 2021.#OOTT

[stansmith3] 30/5/2021 22:28

on the other hand ammu12 wrote recently, post 872--12p looks highly likely now--so its hard sometimes to understand peoples motives or believe what they say

[ammu12] 30/5/2021 22:04

BREAKING: According to GasBuddy data, weekly US gasoline demand rose 9.5% last week, or 4.7% higher than the four week average, setting a new COVID weekly high.

[stansmith3] 30/5/2021 18:45

perhaps of interest, seems already priced inhttps://www.bnnbloomberg.ca/opec-watchers-see-coalition-affirming-plan-to-revive-oil-supply-1.1609346

[stansmith3] 30/5/2021 14:20

ok
i have credited you with putting it down in black and white and have made numerous positive remarks about enq...

on the other hand ammu12 wrote recently, post 872
—-
12p looks highly likely now
—-

so its hard sometimes to understand peoples motives or believe what they say

[bomfin] 30/5/2021 13:51

My apologies Stan for the little personal thing I said. You are right about that. My mistake.

[stansmith3] 30/5/2021 12:01

enq share price still languishing, market doesnt agree with your pumping

whos right the market or advfn position posters?

[ammu12] 30/5/2021 11:45

As at the end of April, c.6.2 MMbbls of production has been hedged with an average floor price of c.$63/bbl and an average ceiling price of c.$72/bbl.

[stansmith3] 30/5/2021 11:30

blah blahyou would know about that repeating - pumping - the same narrative every dayyou seem to be under some delusion that people are compelled to answer your questions after you have personally attacked them for disagreeing with youlooking forward to your next pump already

[bomfin] 30/5/2021 08:53

Final point about oil prices is valid. Enquest are now cash positive on oil prices over $15/barrel and have 6.2 million barrels hedged at prices over $63/barrel and may well have hedged more into 2022.

[bomfin] 30/5/2021 08:47

Lot of blah blah there Stan but I seem to have missed the scenario and company name where you would see an investment as worthwhile.

[stansmith3] 30/5/2021 07:44

if that were true it may be different, but you are restating incorrect interpretations of valuation and calling it fact, its nothere are some facts..the situation you describe has existed for a month now, thats plenty of time for the market to have woken up...the line on this board for about four years was if brent gets to 60.... blah blahits 70 and looking like holding...enqs production is down roughly 15-20% in the last few yearsthe share count is up and risingdebt is down significantlya decent chunk kraken reserves have been chewed up at low oil prices, so much so that have had to pay handsomely for 10k per dayenqs execution otherwise has been excellentso why have oilers rebased again, is 80 the new 60? or does the mkt think 60 wont hold?

[bomfin] 30/5/2021 00:07

OK Stan. Since we are discussing on BB`s connected to investing what would you see as a scenario worth investing in ?

I am sharing research which suggests that Enquest has a big upside potential. If oil price stays above $60 a barrel I can and probably will, post a prognosis as to how Enquest can reach 50p/share by end of 2021. Now. OK, You may wish to deride that but more positive would be to outline your conditions to deem a company (any company) worthy of investing in. I prefer number crunching to tea leaves. Although the chart from November suggests the share price is on a rising trend.