Enwell Energy Share Discussion Threads

[bowery] 20/10/2021 10:16

Just checked again after last post 43.8p to buy, nearly back at 45p and hopefully pushing towards that magic 50p

[bowery] 20/10/2021 10:14

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 !!!!

[bowery] 18/10/2021 16:58

42.61p to buy at close, any theories for rise folks

[officerdigby] 13/10/2021 18:28

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!

[officerdigby] 12/10/2021 16:09

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!

[whentobuy] 12/10/2021 15:01

Anyone know why the price as tanked today?

[officerdigby] 12/10/2021 11:03

...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.

[vg2208] 12/10/2021 10:54

Positive update production increase by 11%. When you add in the upward trend in gas etc prices what is there not to like?

[n13518] 11/10/2021 14:36

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.

[mstaub] 10/10/2021 16:45

I am still holding on and moved back to Zurich... deja vous anyone.

GLTALTH

[xxx] 10/10/2021 10:28

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.

[mam fach] 06/10/2021 18:55

You never know we might well see £3 -but i'm not holding my breath.

[maloneyt] 06/10/2021 10:36

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.

[mam fach] 06/10/2021 10:26

Regal Petroleum (RPT) as it was then.

[mam fach] 06/10/2021 10:25

Was just thinking was it 38p we refused to accept.
Long time ago.
Who remembers we were holding out for £3!

[bowery] 05/10/2021 16:20

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 !!!!

[officerdigby] 05/10/2021 14:40

Yes, note to all plz remember to sell this time!

[bowery] 05/10/2021 13:25

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

[n13518] 05/10/2021 12:08

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.

[officerdigby] 05/10/2021 10:04

N1,They just play with chart intraday. That's it. To Make the Market.There is nothing happening other than share price uptrend here

[n13518] 04/10/2021 17:47

I wonder what is going on behind the scenes? It was down in early trading and eventually finishing 2.85p up.

[yawn1971] 04/10/2021 17:04

Next stop 50p target

[officerdigby] 04/10/2021 11:53

I'll take today then!

[officerdigby] 30/9/2021 14:49

Can we creep past 40 today. Plz!

[maloneyt] 28/9/2021 11:05

Yes we have just gone above the price 0f 38p that the new management offered shareholders ALL THOSE YEARS AGO !!!
I can't understand why the company doesn't want to pay a dividend, most of it would go to the holding management anyway, as they are the majority shareholder, and there is only a small free float, hence the reason the share price has been at this level ALL THOSE YEARS.
Increasing production levels, and a lot of cash, but hardly anything happens to the share price ??
Come on ENW get a move on.......Look at JKX !!!