Enwell Energy Share Discussion Threads

[xxx] 20/4/2024 13:35

When the company is under attack from the Ukrainian state apparatus, it seems notably unwise to leave so much cash in local currency. They should stop drilling new wells and workovers apart, concentrate on running the business for cash,kept in the plc a/c in London.

[riskyinvestor] 22/3/2024 10:42

Tower Resources (TRP) is the Stock to be in

[officerdigby] 08/3/2024 07:57

Lol this share...OK...what now!"

[mally6] 01/1/2024 23:35

Ukraine would have accepted a peace treaty if it wasn't for the US a million dead later the US has abandoned mission just hope Ukraine sees sense

[luckyabbeygale] 01/1/2024 17:05

I have always wanted the Russians to win ever since the day Ukraine rudely refused to surrender to them.

[mally6] 01/1/2024 11:44

Russia has already won the world's walked away from Ukraine zelensky acting is all that's left

[luckyabbeygale] 31/12/2023 01:05

This seems like a screaming buy considering Russia are going to win against Ukraine.

[karateboy] 29/12/2023 20:48

I bought 15000 shares today, used to hold Regal Petroleum as well. What Goes Around...Comes Around ! On Ukrainian war, Russian will not lose as west support begin to wane.there will be a compromise in 2024.

[bozzy_s] 29/12/2023 13:25

First impression is this is a cash cow. $33m cash balance in June to $79m in December. And this was while under attack by Russia and Ukraine!

Looks like most of the cash balance is basically worthless Hryvnia. Still $20m in USD, GBP, EUR.

If they win their fight against the Ukrainian authorities, and Ukraine hold their ground against Russia's invasion, these look ridiculously cheap. Could lose 100% if Ukraine steals their assets. Could gain 500% if they don't.

[officerdigby] 29/12/2023 10:48

Well done all holders this raly and the previous divi. Well it's now better than the spike...Still enough money in the company to give away more divis to cover share price Even if company was forced closed tomorrow.

[xxx] 02/12/2023 00:06

Where are the updates or signs of meaningful activity to protect the interests of shareholders ?

[xxx] 12/10/2023 21:38

Why do they keep drilling wells, when title is so uncertain ?

They also need to keep the cash in Western currency, outside of Ukraine.
The writing appears to be on the wall...

[n13518] 10/10/2023 14:53

Looks like good news on all fronts.Should relist in early next year?

[officerdigby] 10/10/2023 07:10

There's your answer. Dude

[xxx] 18/9/2023 20:31

Management gone missing...how about governance, operational and strategy updates ?

[n13518] 31/7/2023 10:06

2 RNS out today with Smart Energy disposing 16.53% each to Maria Sokratous and Charoula Sofokleous respectively both in Cyprus. Smart Energy had 83% of ENW's share capital before today's announcement. Disposal of 33% plus float of 13% still makes less than 51% to make the ownership issue with the Ukrainian Government go away.

[volsung] 01/6/2023 08:05

Obviously not

[n13518] 30/5/2023 17:29

Why has this gone up by 26% today? I know special dividend announced of 15p. Why would people buy this at 30p with a 15p dividend as it will be delisted until it has found auditors? I hope it will return to these levels post audit and re-listing. Am I missing something?

[tigerbythetail] 24/5/2023 17:12

Officer Digby - it doesn't work like that. You own shares in the holding company, registered outside Ukraine. The only action the Ukrainians can take is against the operating subsidiaries in Ukraine. So the minority foreign shareholders just end up being caught in the legal crossfire - "collateral damage".
As for "playing politics", the charges levelled against Novinsky are deadly serious for a country at war. IMO, the Ukrainian authorities' actions are entirely reasonable and more than justified.
IMO, the only way Novinsky gets to keep the Ukrainian assets is if the Russians win the war, the traitor Medvedchuk is appointed the head of a quisling pro-Russian government, and Novinsky returns to favour. And, fortunately, there's very little chance of that happening!

[officerdigby] 24/5/2023 16:25

Depends cheap or over priced of they get the sales receipts or not.Whay didn't Ukraineys just take his 80% and let's the other shareholders be?Answer they want it all. Not general Ukraineys just competing interests playing the politics IMO

[n13518] 24/5/2023 15:28

15p is better than nothing. Remember, once the new auditors are sorted and accounts logged then there is no reason for these to return to share price of around 20p until War is finished.

[tigerbythetail] 24/5/2023 15:26

I don't see how the Ukrainian government can stop the payment.
Obviously, the Ukrainian assets are under threat - if not indeed already lost.
So, an effective price of 7p (ex-dividend) is rather a lot, taken all in all.
It's possible that the rampers will get hold of this, and the share price will rise before the dividend date. If so, get what you can!!!

[taperkick] 24/5/2023 14:43

So the price has effectively dropped to 7p today (22p - 15p).
Can/will the Ukrainian government stop the payment?

[masergt] 24/5/2023 13:33

All out of POLY and into here. I've only twice previously said "for better or for worse". Here's hoping for third time lucky!