The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Blimey January I would always hold some funds back. Enq has colossal potential from here but like any investment it’s always best to never put all your eggs in.
What is your average? I’ve managed to get mine to the mid 16’s which I’m delighted with but I cannot count the number of times I’ve topped up 🫣
Dividends or preferably buybacks will send this into orbit in the near future though - imo.
Hi Krakenoil, there will be later on though and poo is going to 90 dollars.
The last published rns was a game changer for Enq even when the kitchen sink has been chucked up them by the incompetent clowns in power.
I totally understand your frustrations having held for so long, but this market cap is just so ludicrous low for what we have. I firmly believe shareholder returns are imminent and we then get lots of ii’s sniffing around.
ABis so heavily invested which is a rare occurrence nowadays, I am so looking forward to the next 3 months plus here.
I know another company that is creating excellent fcf as well but we are valued at 9x less at 240 million 🥳
https://stocks.apple.com/AdRJPNKddTvicPw9XJ3VQAA
Krakenoil this will come good mate, tbh I’m starting to wonder if you cashed out to trade it?
Don’t is my advice, as we are in the cusp of a large sustained rise in my opinion.
Buybacks or dividends and higher brent prices are beckoning.
Have a good evening all.
Sekforde what an excellent post thank you.
I am am mesmerised this is not moving up poo is heading back into the mid 80’s we are on the cusp of shareholder returns.
It’s either being shorter with quick trades or an II wants in and is waiting for the right price.
Hold tight just a bit more patience and it will lift off.
Hi Krakenoil, this will be back up in no time as it’s being shorted at present. However, they will have to close prior to next update announcing a dividend or buybacks.
It could also be a large ii looking to build a stake like it happened a month ago and the price dropped.
Just read the last rns as it was a thing if beauty, we are turning this ship around big time no matter what the clowns in parliament throw at the NS oil producers and more importantly the companies that are going to lead the transition to sustainability. I’m not sure the government or labour realise the latter at all. #shortermism
3dart shareholder returns are coming and an extra year of the EPL will not make a jot of difference.
Tax losses and investments in the North Sea can be offset and AB will be able to massage the figures accordingly.
Trust me on the next update I would not be short 😉🤣
Jan what an excellent post, shorting this at present is crazy with the transformational strategy that AB has implemented with the debt reduction etc.
It’s being traded again, hence the swings.
I would envisage that we move way over 16p in anticipation of the results in 3 weeks time.
Rifleman I’m not sure you are have read any of the reports over the last two years? Our debt reduction has been and continues to be absolutely incredible particularly in recent times with the ridiculous windfall taxes that we as a minnow are subject too.
Shareholder returns/buybacks have always been the aim and we are now at that stage.
Good luck with your short but this is at least 100% undervalued at present.