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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.
Paddy the sp dropped from £1.33 to 98p that is a drop of 35% not 3%.
So yes I do think a rerate is on the cards massively.
Whilst this is stuck in a range I’ll trade it. When I see a sustained rise that holds that’s when I’ll stop trading it.
£1.10 plus today is the least we deserve.
Exactly chilting and we need to undo brexit with immediate effect.
France are simply waiving everyone up and why should they help us now. Everyone just laughs at us we are an utter embarrassment we weren’t even in the euro for Pete’s sake.
The narrow minded people of this country have turned away millions of hardworking eastern Europeans who have now gone back to their own economies, which I may add are in a far better state than ours especially the likes of Poland.
Rishi has been writing passionately about brexit since he was 18, reece bogg has supported it because him
and his mate crispin have made 10’s of millions shorting of the back of the uncertainty. And well we need say anymore.
This country is in the greatest hole ever and if our leader continues with this suicidal ideology we will be down the pan for 100 years. What are we creating for our children as every decision made has been wrong. We now have a housing bubble with absolutely no ammo to stop a drop unlike anything seen since 1990’s all fuelled by cheap and reckless lending.
Back to enquest although I get shouted at by two angry individuals for trading this, (probably which I do too frequently at times :-)
The 60p party has long gone for me. I’m now at 83p with my trading portion. I only trade with a max limit of 90,000 shares but to me that’s what I’m comfortable with in these unprecedented times.
By the way Krak after my night out on Friday i played golf at 10am and spent time with my incredible wife and children at a firework display.
See you at 27p for the next fun and games and have a good weekend all.
Mate there is only two balloons on here sunshine and that is you and Krak the superior company owner with his incredible emotional intelligence leadership and just shear utter brilliance with motivating and leading his/her workforce :-)
Fooking do me a favour!!
I’ve had 6 beers and 4 shots and I sold out at 29.05 with my last trade.
As I’ve said I hold a large amount of my core holding at circa 21p but I trade to pay for the fun stuff.
Out with my last trade with a very very nice tidy 1.8p profit per pip on 65,000 shares.
Will assess after the 17th when the lovely taxman Jeremy I’ll lead us to a depression hunt waffleshis tripe and adds to the incredible uncertainty for the hardworking people and firms of Britain.
Never regret taking a profit :-)