WOW ENW Infront of JKX today.Weird |
I'm convinced that someone is building a stake in ENW! |
Lol HOLD ON! |
Just checked again after last post 43.8p to buy, nearly back at 45p and hopefully pushing towards that magic 50p |
Carn't buy any this morning but its at 43p to SELL, either MM playing games or there is not much stock about to buy !!!! |
42.61p to buy at close, any theories for rise folks |
A better explanation yesterday of the revenues coming in and where they were being spent on and for what ultimate purpose yesterday would have ENW share price on a nice on-going upward trajectory. But alas. It's now down to those in know and those who can work it all out themselves to see the potential value here! |
whentobuy,
see my post above!
A people wanted to see more cash in the ENW tills by today.
Plus sell on the news.
In short underwhelming update for market expectations.
We all have an idea of how much cash we think they should be making but it's not been spelled out today, unfortunately.
I expect recovery (and it happens right now)
Hopefully, further up trend continues.
With good news on production/drilling flows.
and then big cash later on.
Oh and proved up reserves form SC field.
BWTFDIK! |
Anyone know why the price as tanked today? |
...what is there not to like?...
The current issue is cash not going up.
Or rather it has gone down a lot up to the HYR.
This is because they are doing 3 chunky CAPEX wells this year. Whilst normally they do one.
I believe the CAPEX is front loaded (queried in 2018).
Rigs tendered and largely paid for up front.
Hence $26m CAPEX already in HYR and further to 14th September
However just look at this month
Cash HYR $54m on 16/09/21
Cash Q3 $62.7m 30/09//21
If that cash inc. is maintained throughout winter and if big CAPEX is done..
Plus add in the actual extra production (crosses fingers).
Then ENW will look sweet.
The cash increase also gives a clue as to what JKX will be amassing. TBA. |
Positive update production increase by 11%. When you add in the upward trend in gas etc prices what is there not to like? |
mstaub
There are still a few hardy souls who refused to sell and were prepared to lose the lot. Our courage will be rewarded in the end. Good to see you are still around. |
I am still holding on and moved back to Zurich... deja vous anyone.
GLTALTH |
I have also been here since those times. Things are going well operationally, but for this to be reflected in the share price, shareholders need to be able to access that value.
Rather than awiat events, I would encourage people to contact management and suggest a dividend, if they are of a similar opinion.
Hope is not a strategy. |
You never know we might well see £3 -but i'm not holding my breath. |
Yes mf it was 38p we were offered all those years ago.
If ENW's shares weren't so tightly held by management, I believe it would be worth £3 by now. |
Regal Petroleum (RPT) as it was then. |
Was just thinking was it 38p we refused to accept.
Long time ago.
Who remembers we were holding out for £3! |
Yes OfficerDigby, all received, just need the strength to press that sell button because the potential is huge, especially with the cash they have banked and are making at present !!!! |
Yes, note to all plz remember to sell this time! |
Political situation seems just as unstable but share price is rising, need 50p to break even and then I'm gone, lost all confidence in this company |
OfficerDigby
Both of us have been here long-term. Sentiment, market conditions and upward trend is all agreed. We will have to wait and see what, if anything, is behind this. I remember when the Smart Holdings were looking to buy shares, the price hit 54p in the recent past. I remember the £3 price too. |
N1,They just play with chart intraday. That's it. To Make the Market.There is nothing happening other than share price uptrend here |
I wonder what is going on behind the scenes? It was down in early trading and eventually finishing 2.85p up. |
Next stop 50p target |
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