Member Info for BTFATH1

Brexit and choosing between an incompetent bumbling fool who is solely looking after his own interests and a grandad that has taken a year to outline his policies.
Idiotic world leaders
The realisation that central banks cannot keep pumping trillions in to prop the world economy and can only keep interest rates around zero for so long.
Materialism, unsustainable record of personal
corporate and international debt.

Just the tip of the iceberg tbh the world is an utter mess and I fear for my kids

Genel main assets are in a war zone (Iraq) plus they have made 1.6 billion dollars of losses the last 5 years.

Enq is significantly undervalued however what concerns me is there is something going on in the background this is in freefall

Off the rights issue price just utterly bonkers

18 no gone I sincerely hope this is going to the rights issue price. Am starting to wonder if there are some skeletons in the closet?

The market cap bares absolutely no correlation to our future potential at all

For a huge rise but the over hang still needs to be cleared and there is still a seller around - they must be nuts :-)

I think this will boom tomorrow

:-) all positive then meeeeeoooow

On the offer well it is certainly not a surprise to me. this market cap is beyond ridiculous

As the first target

More games being played it won’t be long until this moves upwards very quickly

Neil ha ha I thought that was your agenda :-) are you also tbf by the way?
Tbh I am not quite as bullish as I was back when oil was in the late 50’s and we were hovering at 19.50p? Now it’s firming in the 60’s and the sp is in the low 18’s with a very low volume of shares bring traded.

What has changed your mind then?

Tbf whoever you are? Our net assets are still nearly a billion dollars even taking into consideration the provisions. The latter are long term provisions related to our oil fields such as the issues with thistle or writedowns and every oiler shows the same on their bs? it is the long term borrowings and current liabilities that are the important ones.

17’s are beckoning and I want another top up.

It is indeed, what always strikes me is the fact AB seems to glaze over mentioning aspects such as our Malaysian Assets, the free cash flow that is being created and the fact they are always pessimistic about product numbers.

This is not even tracking poo anymore it used to be thrown around 0.25 increments every hour and now the volume has dropped due to the ever decreasing sp.

I am convinced this is a bargain and I am lucky that I average 18.64p but this is my main long term hold with a third kept for the swings.

Dividend needs to be announced and this will kick start things massively in 2020 but I also feel
with this mc they are sitting duck when they have an asset value of 5 billion with a market cap barely above 300 million.

Patience will be rewarded

It’s barking mad this sp, I am hoping for another top up sub 18 next week which will come if oil drops a bit.

Net profit predictions for 2019 - place your bets:

Btfath1 $185 million

Spent on research, just sit and wait for the additional contracts to roll in.

Have a good weekend all

https://www.sharecast.com/amp/news/aim-bulletin/xeros-technology-inks-binding-agreement-with-ramsons-garment-finishing--7001093.html?__twitter_impression=true

There is definitely a seller is Woody selling off his stake that he bought at 75p plus. His fund have had an absolute mare and are just distress selling at any price with no thought for those poor investors.

Great post Jimzi and a nice blue candle today. This will be 2p plus quick smart

They are but they can buy on behalf of someone else. Also a supplier could take them out on the cheap look at the recent win with the Chinese manufacturer. They are 90% there and are now at a stage where they will be cost neutral going forward.

£3 to 1p is obscene

Gla recouped all my losses from this week with enough for a cheeky weekend away.

Into xsg for a bagger ciao

I would have liked not Isabel

That was pretty slick, Isabel liked to have heard about the exact cash position and current debt levels. They had to do this interview to stop the freefall. Interesting trading day tomorrow :-)