The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The underlying fact is, sentiment has changed for the better regarding ENQ. I would now expect more institutional investors to start buying in with our complete disconnect between our oil, gas and carbon storage assets, low net debt, colossal tax losses, cash in the bank, strong Brent prices and the mapping out of our strategic plans and options and with the man at the helm owning significant stakes versus our extremely low market cap.
I am fully expecting a move up to 18-19p in the very near term.
Slowly slowly krakenoil the market is absorbing the data from the excellent update and value will out.
All other oilers flatlined today and we were up by nearly 6%.
Many of us are fully loaded here as stumpy mentioned, but if you look at it the other way as the ridiculous price drops have allowed us to average down at these obscenely low levels.
Have a good evening all.
Let’s push through 14p by early next week. You may not think it, but yesterday was a transformational day for Enquest and the guidance is extremely positive for this year and next.
Our valuation is obscenely low and we will continue to see upside right up to the full year results in my opinion.
Shareholders returns, yes please 👌🏼 I’m currently trying to accumulate as many shares as possible.
Have a good day all.
With you on that krakenoil it has set the scene right up until end of 25. Should be a good month ahead.
We are in recession what a shock that is, I’m surprised the tories haven’t paid the economists to fudge the figures. #crooks
Krakenoil see I told you mate, great to see you chirpy we have all been through the wringer here the last 16 months.
Just got my average to just under 17p, with an astonishing amount of shares held - well for me anyway :-)
Right I’ve got to work, let’s have a very positive few weeks. Jan you can enjoy your brekkie 😉
Shareholder returns: 2. "The Group will provide an update on shareholder return plans when we announce our final audited results in March."... this suggests something a little more definitive than what we have heard in the past?
Agree MRC and think back to 5 years when our net debt was through the roof.
How we have not had an approach with our tax, losses, fog, net debt production, set up of the sustainability arm, cash on the bank and credit headroom I will never know.
Remember our sp is 12p and it should realistically be in the 20’s as a minimum.
Bring on the next few days.
Could not agree anymore James O’Brien on LBC was vilified and now look he never gets a caller challenge him.
I love Reece bogg what a fine upstanding gentleman man he is 🤦🏽♂️🤬 how much did his hedge fund make shorting the pound 😳
We need change and I’m all for labour coming into power instead of these class a cretins.
However, I am extremely concerned with the utter s#%¥ show that they are inheriting, we will be in a much deeper mess in 2-5 years.
What is more worrying though is that there manifesto pledges are ill thought out, over promised and they are just simply trying to win the fan votes just like bojo, Reece bogg and farage did with the utter farce of Brexit 🫣🤬
The sp looks to be perking up though and let’s move through 13p in the next day or so.