Member Info for 60pPARTY

Just purchased a bottle at £23.50 with my weekly shop at Tesco.
Maybe one day the shares may go for £23,50 too.
Anyway will be drinking the Kraken rum later. This Kraken will perform from the start and possible turn me into a tanker later.
All the best
60p Party

Just to add.
We should be getting close to a $2b NAV this time next year.
Even if the market only values us at 40% of NAV as it does now . We should get to circa 40p. However as we grow our cash and reduce debt the % Valuation to NAV will increase.
In my humble opinion, now is a great time to invest in ENQ. The rest of us were just too early!. DYOR

Increase the nett asset value of the company and the share price will follow.
This won't happen until the full results for 2019 come out. This should show a NAV of $1.3b +.
The only chance of a decent re-rate before this lies with POO going well over $70 and staying there.
All the best
J

I don't think we will re-rate until the matket sees our NAV increase. This won't show until results are out early next year.

Cheers E121 , thanks for that.
Nice to be down 10.
I hoped that if I guessed an increase , it would go the other way. It always seems too ! Lol
All the best
60p

KO
X

Hope you're right ! and I am wrong

Hitman1a,
You say you saw this last night on Bloomberg !
Zingers , dark meat , light meat and phase1 Zinger trade deal ! You must have been ****ed and imaged all the Zinger stuff surely ?
Seriously I get your point, and it's a valid one. However if you see it from another angle it's quite funny.
All the best
60p

E121 - feel we are due a little increase , sadly.
I'm going for +8 rigs on oil ,this week,
Brent to close back under $63. Sorry to be a party pooper !

Scoredagain.
60p . I am here now ! Lol
As for the share price. We need a MC of £1b for a share price of 60p. I think around £500m off our debt during 2020 should do that .
All the best
60p

Just went through $63.
Slowly slowly catch the monkey !

On debt reduction though.
Debt continues to fall and they have taken 11m off inthe last 12 months.
Earnings per share of nearly 3p per share !!
Debt to Equity ratio now less than 1.
I can see a dividend being paid here in the future.

Djm - you obviously don't follow what's happening in the oil market or the factors that are influencing it ! I suggest that you need to spend more time researching than posting stupid comments on boards like this.
May I suggest that you base your investments on facts and information , rather than your "gut feel". Sadly your gut produces shhit which is what you are posting !

Fly tomorrow.
When the results are out. They want to move this up.
The mm's raised the SP first thing this morning by 3% with no trades at all !
I forecast a close tomorrow back above 20p. DYOR
All the best
60p
I am expecting to see a good set of results.

Every time the "Trolls" run.
We stay and present our case during good and difficult periods.
They run when it gets difficult , we don't. They are Spineless cowards !

Troy,
Not long now for 7th.
Hopefully Thursday will cause a re-rate back up again.
The market always overshoots on falls and rises.
The recent big fall seems to have been caused by a large 1m+ share sell . Maybe a fund/institution off loading. Not prepared to wait any longer . They set target prices and timescales. Looking at the sells recently they could still be offloading. It should rise again fast when they finish.
All the best
60p

After yesterday's terrible posts from members, i think he could be banned.
My understanding of LSE rules are 4 strikes and your out.
Your strikes stay with you forever. In other words , someone could get 4 strikes after 10 years posting or 10 weeks. Doesn't matter, hit 4 and your banned.
Even points on your driving license are wiped clean after 3 years . Not here. They stay with you. Beware.

US minus 8.
Canada minus 7
POO reacting

Therapist
Very very funny.
I am sure members will see the funny side too. He has a great sense of humour.
Well you would have wouldn't you , after all his been through.

Members a long standing PMO poster is loose on other boards causing mayhem !
Would someone on here come and collect him !
He is obviously lost and needs his medication.
Failure to collect your board member named members" will result in this PMO board being closed down !
60p

Troy,
Thank you for the information and your thoughts.
I took a very small investment here of 13,000 shares as I thought that the current market cap was good value when measured against the balance sheet NAV.
I will add when funds become available.
I don't see this going private though. The directors here already hold so many shares. It's as good as private anyway. They have total control with their combined holdings. Yes They may top up a few more after the results are out. I think they are pretty rich anyway and the UK stock market listing is about more than money. Prestige for them. Kudos etc etc. That's why I think they will keep the UK stock market listing.
All the best
Party