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As I posted earlier , I am hoping this pushes Cambo over the line. Provides the necessary finance for FID . The race is on as After the election I can’t see it being awarded
Ithaca Energy is targeting a 2024 dividend at the top end of its capital allocation policy range of 15 - 30% post-tax CFFO.
Eni news is a major positive , I hope Cambo gets the nod, for me that is one of the main reasons Eni are interested
Agreed seems to the steadied , hopefully climb back above 500 p pre results then hopefully a leg up. Brokers seem happy
Drop today was due to going Ex Divi but personally was overcooked . Happy to add and wait
Positive start to year with encouraging recent results. Brokers are still positive and even a slight nudge up on target price from Berenberg. End of April for next update
Not sure if we will see much movement on this news downwards. Price is massively depressed and I can’t see much down side. Roll on Thursday
Hoping it is not a duster and a couple of lines added to the update next Thursday , thinking that might be the case but then again Energean have such a small % that I think Eni must announce to the market especially with the well costing a small fortune and lots of media interest. Either way we will know soon. Fingers crossed
Agree let’s hope it comes in , I note Energean farmed down from 30 to 19 % .
After today’s update I think it is only a matter of time before we climb back towards 600p. Great stuff
Big drops across the board and as far as I can tell not directly related at Future. Anything around 600 p is a bargain price for me.
Interesting to see the share walked down daily at this rate we will be lucky to hold a buck pre results. Medium to long term this will fly but I wonder if the time line has shifted to the right slightly . Big telecom can’t delay projects for ever. Fingers crossed
What’s the boards thoughts on Kenya ? Likelihood of a partner and likelihood of getting this off the ground. I have mixed feelings but if I am honest I think it will be canned. Hopefully I will be proved wrong but cost , pipeline distance and lack of interest does not sound good .
Fresh out today not much we don’t know but I am expecting a much clearly picture with the results in a few weeks time.
https://www.businessdailyafrica.com/bd/markets/commodities/tullow-plans-sh1-6bn-annual-spending-on-kenya-oil-project--4503592?view=htmlamp
Massively undervalued . What we do know is nett debt will rise to around 220 million top end of guidance . What we don’t is if we have got costs under control and if we are over the hump ?
Free cash flow in 2024 will be available for buybacks and dividends with no further merger payments scheduled. Let’s hope for a positive update. Need a massive bounce and positive update
Fourth Quarter Trading update Will be out mid Jan and more than ever need a very good quarter . What’s everyone’s thoughts on this , I personally think we must be through the worst , and time for a bounce ? Will we turn a profit in 2024
Agree this is cheap as chips and when it moves it moves fast . Trading update in a few weeks and I am hoping for good things , based on last update and broker views and thoughts . Happy to hold until update and let’s hope it is as good as hoped
I must admit I am a bit concerned that we are buying half a million pounds worth of shares a day and we still can’t hold 180 . That is not good . On a more positive note this is a 5 year low and we are a better organisation all round than we were 5 years ago . Priced rock bottom anything positive in the update should see us re rate north
One to sit and hold , at this price I feel it can only nudge north . I have nothing more than gut feeling but I do feel this will be getting looked at for take over. Time will tell
No idea where will head tomorrow my gut feeling is lower but there were lots of positives that might make it bounce . Any thoughts on when we will start to make a profit ??
S4 statement in Jan “ Martin Sorrell's S4 Capital (SFOR.L) advertising group said it expected to hit its full-year core earnings target after it improved its margin in the second half of the year.
S4 said in a trading statement on Wednesday it expected to deliver at least 120 million pounds ($147.7 million) of Operational EBITDA for 2022, after its main trading metric of like-for-like gross profit/net margin hit its guidance of 25% growth.“
Look out for these numbers