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With my first tranche, broke my trading rules as I wanted to wait for Thursday and out in my big boy pants.
This market cap is still a complete joke if they tax enquest at 85%.
You know it’s a bargain when ammu appears again :-)
https://www.reuters.com/business/energy/uk-considering-big-increase-energy-windfall-tax-sources-say-2022-11-12/
I am hoping enquest will be exempt as it is an absolute farce that we should be included in this **** show.
Just tax bp and shell ffs.
This is going to be wild beyond belief next week.
Quest anything is up for grabs with this government :-)
The one major thing in enquest’s favour is the 750 million of tax losses.
This week will be wild for enquest and the future is so bright for our future generations:-)
Mr you really are a jealous and angry chap/lady aren’t you.
All I do is publicise a trade based on the swings, whilst you sit on your hands and just watch the big rises plummet back to where they were before the previous week.
I’m in a very fortunate position that both me and my wife have worked very hard and our cash in the bank is more than our mortgage and I’m 42.
I only mainly trade two stocks and that is enq and superdry and I am lucky enough it pays for the fun stuff for our family and allows me to not eat into my salary.
As I’ve said before my core holding is at 21p which I will leave so long it doesn’t dip below this number.
I’m not going to place a trade until after Thursday (budget) as I think enquest is going to be in for another nasty shock.
I do not trust this government like I wouldn’t trust you in the slightest if I worked with ya :-)
Have a good day all excluding mrc and let’s remember our incredible heroes.
Thank you January that is much appreciated.
I really like this board and there are some incredible contributors.
I tend to have next to no time and often post very quickly as you can tell by my typos :-) and the information that yourself, romaron, l3, Krak, pelle, mrc, Spindok, aimoil etc etc and even chilts is invaluable.
Ultimately all we want to do is make a profit on our investments and I would say the vast majority including me are long at all times.
I missed the boat at 28.8 again due to a teams call and it’s now rocketing :-) hey ho never regret a profit as they say.
Well done all and always keep it friendly. there is enough day to day ****e that we have to deal with as many of my friends over 55 are experiencing with their health.
Have a good day all
That did have me in stitches Jan :-)
Yep you guessed it a 1.35p per pip profit at 29.25p.
Good banter here, going to be a bit boring with this £980 profit and spend it on the kids/wife and bank most of it to pay for the rising prices due to the fook ups of the clowns in charge :-)
Remember my core holding is at 21.4p.
Have a good day all.
As I write Brent has dipped into the 94’s that is nearly 5 dollars down from the daily highs. The ridiculously zero covid policy in China is clearly having a major impact. More worryingly it’s now affecting the main manufacturing hubs in the major provinces.
The external factors cannot be disregarded whilst being blindsided by the stars and lights of our beautiful enquest :-)
Aimoilking you could have 35p in real terms if you trade the swings.
Why sit on your hands when in the near term this is not going to uptick significantly due to the zero covid lockdowns in China, windfall chapter 2 and we are in the midst of a prolonged recession/depression and above all enq is like the runt of the litter.
The fundamentals are outstanding and the market cap is a joke for what we have but we have much more chance of languishing between 24-30p than we have of breaking 35-40p in the next month or two.
Poo is at 100 dollars and it’s barely risen that tells you everything.
Poo tanking again we could see late 27’s early doors and I’ll have a quick trade.
Gordon this is enquest a breakout this could not break out of a paper bag, we are completely unloved and have been for 10 years. Trade the swings!
Until we have clarity on windfall tax number two on the 17th and we hopefully exempt, this will drift and we could well see 25-26p with ease.