Enquest Share Discussion Threads

[steelwatch] 18/4/2024 21:24

A notification popped up on my phone today from which it seems Enquest has put its stake in Golden Eagle on the block to accelerate debt repayment:



Dated 16th, so I am probably the last to know, LOL. Only follow on this board for official news without excessive chit chat.

[sharekitchen1974] 18/4/2024 14:51

To what price? 25p

[blackhorse23] 18/4/2024 13:31

Jp Morgan downgraded ENQ

[blackhorse23] 16/4/2024 17:07

Oil for burning , health care (APH) for caring

[mirabeau] 16/4/2024 13:51

Price now looking very strong

[sharekitchen1974] 16/4/2024 07:23

Oil is heading back up

[blackhorse23] 15/4/2024 10:50

Oil is heading down

[mirabeau] 12/4/2024 09:15

Maybe. Better to park those worries for another day, mindful that periods of stasis and drift invite extrapolation. Markets, fortunately, are often a lot more dynamic. For now though, and with no apologies for any implied cynicism, I present the 20 FTSE Small Cap (non-investment trust) stocks that Peel Hunt presumably sees as most vulnerable to the next surge of M&A frenzy: those with a market cap of at least £100mn, and an enterprise value to operating profit multiple of no more than seven. How many will fall to the sword in 2024?

Company TIDM Sector Sub-sector Price (£) Market cap (£mn) P/BV PE (FY+1) FCF Yield EV/EBIT EV/Sales GP/TA

CAB Payments CABP Finance Regional Banks 1.23 312.60 2.38 7.9 18% -3.7 -1.6 -

Costain COST Industrial Services Engineering & Construction 0.762 212.10 0.96 6.3 3% 1.8 0.1 22.4%

EnQuest ENQ Energy Minerals Oil & Gas Production 0.1542 292.09 0.82 2.1 50% 2.6 1.1 30.3%

Secure Trust Bank STB Finance Major Banks 7.02 132.12 0.38 3.2 - 2.7 1.3 -
Reach RCH Consumer Services Publishing: Newspapers 0.725 227.92 0.36 3.2 -1% 2.8 0.5 -

PayPoint PAY Finance Regional Banks 4.79 348.20 3.11 7.5 12% 3.5 1.3 -
Tullow Oil TLW Energy Minerals Oil & Gas Production 0.3502 510.01 -1.80 2.0 32% 3.6 1.9 16.6%

On The Beach OTB Consumer Services Other Consumer Services 1.68 280.45 1.66 11.6 8% 3.6 0.5 26.4%

Galliford Try GFRD Industrial Services Engineering & Construction 2.46 243.44 2.10 11.4 11% 3.7 0.1 14.2%
Smiths News SNWS Distribution Services Wholesale Distributors 0.4835 115.82 -7.03 4.7 13% 3.8 0.1 37.2%

Kenmare Resources KMR Non-Energy Minerals Other Metals/Minerals 3.615 322.55 0.36 5.7 9% 4.4 1.0 18.1%

International Personal Finance IPF Finance Finance/Rental/Leasing 1.095 245.27 - 5.8 - 4.6 1.0 -

Capital Limited CAPD Industrial Services Engineering & Construction 0.914 179.38 0.90 7.1 8% 4.8 0.8 30.9%

Liontrust Asset Management LIO Finance Investment Managers 6.68 428.64 1.93 10.2 9% 5.5 1.7 45.5%

McBride MCB Consumer Non-Durables Household/Personal Care 1.08 187.30 5.05 5.6 19% 5.6 0.3 56.2%

Norcros NXR Producer Manufacturing Building Products 1.815 162.62 0.77 6.0 9% 5.6 0.6 34.5%

Severfield SFR Industrial Services Engineering & Construction 0.578 178.91 0.82 7.1 5% 6.0 0.4 -

Capita CPI Commercial Services Miscellaneous Commercial Services 0.1394


Ocean Wilsons Holdings OCN Transportation Marine Shipping 13.6 480.94 1.02 8.6 9% 6.8 1.9 29.6%

Card Factory CARD Retail Trade Specialty Stores 0.935 323.17 1.19 7.0 11% 6.9 1.0

[s34icknote] 12/4/2024 08:43

Closing in on 17p !

[blackhorse23] 11/4/2024 19:22

Why are you spreading fake news?? It will damage more than anything

[clunes100] 11/4/2024 17:08

Confirmed today by ENQ IR - buybacks start this month!

[clunes100] 11/4/2024 17:07

ENQ IR confirmed buybacks of shares starts this month - earlier than I expected/predicted.

Steady upwards share price trend for a month now - up 32.08%

As risk decreases with debt reducing and current POO means increased FCF, this steady upward trend should continue, hopefully supported by some good news and decent analyst updated targets.

[s34icknote] 11/4/2024 08:09

Hopefully on our way to 17p Blackhorse

[steelwatch] 10/4/2024 22:34

Free to view. Probably similar to the paywalled telegraph article above:

[1347] 10/4/2024 13:43

Only a country as moronic as the UK and it's charlatan of a PM would destroy it's own Oil and Gas industry and be forced to import even more oil and gas from foreign, less clean and less reliable, or even hostile, jurisdictions. It shouldn't even be considered until demand drops below UK production and to boot it's worse for the environment.

[bomfin] 10/4/2024 12:58

Presentation to Analysts and Investors
A presentation to analysts and investors will be held at 09.30 today – London time. The presentation will be accessible via a webcast by
clicking here.
EnQuest investor relations team will be hosting a presentation via Investor Meet Company, primarily focused on the Company’s retail
investors on 11 April at 14:00 - London time.
The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet
Company dashboard up until 9am the day before the meeting or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet ENQUEST PLC via:
hxxps://www.investormeetcompany.com/enquest-plc/register-investor

[bomfin] 10/4/2024 12:52

Presentation tomorrow I think.

[s34icknote] 10/4/2024 12:33

Closing in on 16p

[s34icknote] 10/4/2024 10:05

Rising nicely Blackhorse . 12.5p to 15.5 p ! Confirmed buyback ! Momentum building

[0rient] 10/4/2024 10:04

Sounds like you’ve been hurt by Enquest in the past Blackhorse23..weR17;ve all been there :)
Buy back in and enjoy the ride back up!

[blackhorse23] 10/4/2024 09:41

This is one of stock all shareholders down so far

[1knocker] 10/4/2024 09:15

Buy the loan stock Blackhorse. Yield sill over 9%, though the price is up substantially since I bought some years ago, and indeed since I topped up at 91.25 a few months ago.

Debt repayments have reduced the risk.

I have made out like a bandit on the loan stock.

[blackhorse23] 10/4/2024 09:06

They will never do buy back or dividends & HAVE NEVER DONE SO! Only oil company don't care about shareholders that's why no one interested in this stock