focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
C’mon chaps, have some faith in your investment, if so concerned just sell up if it makes it easier to sleep at night. Personally I’m sleeping like a baby, waiting for sign off and a re-rating here. Gloom descends when a certain shorter (iffysquiffy) starts posting his usual moans and groans. No iffy you are still locked up in the troll cage so ain’t got a clue what you’re posting but can guess - same old deramping shite!, fair play you called it right but would be thinking of closing your short soon if I were you me ole China. Different day same shit, it will change soon IMO. DD
�Your� postings (not our!)
Hi Fernan I�m slightly confused by our postings, you are clearly of the opinion that future production rates will be an issue for ENQ, but you also believe that it�s under valued - so would you mind posting up how you come to that conclusion and at what prod rate you are basing this on and what would then be fair value. Be nice also to state if you are holding, just my opinion. DD
Romaron We react like a small cap oil exploration company, which we are. Don�t know why you constantly feel the need to boast about how long you�ve held and how big your holding is, every post you manage to slot that in, was I asking?, nope, as posted before I think you are confusing me with somebody that gives a shite. If you want to compare holdings with KO please cam you do it via personal messages. Thanks DD
Romoron On your post concerning AB's shareholding and the inference that he has little skin in the game - he, or his family, have invested at least �28m into ENQ and in my book thats a helluva lot of skin whether held directly or in a trust I care not a jot. Its held in a trust for income tax purposes, nothing more. On your second point, you mentioned that they compare themselves against the FTSE AIM Allshare O&G, whilst I agree with what you say in as much that they shouldnt be considering themselves to be an AIM Company, I would contest that this is simply for PR and nothing else. If they included a graph of their share performance against the FTSE Allshare O&G it would not exactly entice new investors (Indes +70% ENQ -20%). No doubt when the share price shows its true value and outpaces either Index then they will cherry pick which one they would like to be "compared" against to maximise investment potential. Just my opinion, as it is yours. Dont quite know why you feel the need to call out KO, I believe he is a holder as I believe you are, but to be honest I dont give a shit about who holds and who has the biggest - not going to change my opinion of either the poster or my investment and your post reflects more about your insecurities and ego than anything KO has posted. KO in my opinion is honest and is passionate, sometimes to his detriment as he can get a tad over excited, but hey, were are not all perfect, myself included. DD
Threw Iffy Squiffy into my troll cage yonks ago as well, he is now oilusers biatch! Iffy kept posting this was going to go bankrupt - yet tried to convince everyone he is holding 900k of shares ! Yeah right. DD
PS obviously I�m talking about Indy.
EP121 Shouldn�t bother if I were you, filtered the idiot ages ago when he openly admitted he had made �20k but was bitter because he didn�t sell at the top and it suddenly became a �20k profit dog!. He knows sweet fa about ENQ he just want to buy back in as low as possible but knows sign off is not far off and he wants to get in before then.........not the brightest deramper in the pack. DD
Do get frustrated with the lack of self promotion here, do they actually have a PR team or in-house broker?. All I could find: http://www.shetnews.co.uk/news/16427-terminal-operators-aim-for-longevity-through-efficiency Moan over!..........next step back to 40's DD
KO Can�t find it either so don�t know where the other poster got it from. DD
Hi MO Guess you were referring to the troll Hydraides earlier......sorry it�s in my cage getting well oiled by Iffy Squiffy so can�t see what it�s been posting, best just to ignore IMO. Barclays suppressed the sp today but that won�t last long IMO. DD
According to another poster on another BB they have cut target from 37 to 34. So ENQ issue an in-line update and they cut........clearly they have their own agenda. DD
acchi Thanks, useful link (didn�t know it was available!). DD
acchi ENQ: �Average gross production in the four months to end April, which includes the impact of the March maintenance shutdown, was in line with expectations. Excluding the impact of the shutdown, gross production averaged over 36,000 Bopd�. The shutdown in March reduced the average over the period by about 2,600 Bopd. They also stated previously that the average gross for Jan and Feb (from year end results) was just over 38k with an average of 35k Bopd in January (Ops update February) means Feb average must have been about 41.5k Bopd. No expert but would guess that the March shutdown reduces initial start up rates, or they have to ramp back up again slowly, so the average for this month would be a better guide as to whether or not back on track for 42k+ gross production.........but wtfdik!. DD
SmokinAces Many thanks for your clarification with regards to II holdings and affect on sp. Agree, their early debt reduction is significant IMO and glad to see it�s their top priority. DD
Auson If AB was referring to the Norwegian Wealth fund (Norge Bank) pulling out of ENQ then checking holdings RNS�s they actually held more in PMO, with a maximum I could see of 4.44%, whereas they only held 3.01% of ENQ. So if they did mean Norwegian Wealth fund selling up is the reason the share price is lagging other oilers then it doesn�t stack up IMO.........think it�s more to do with K and their own **** poor PR. DD
Auson Don�t know about that, besides they held PMO so doesn�t wash with me tbh. For the doomsayers note the word �EARLY�: �The improving cash flow generating capacity of the group is enabling early cancellation of $50 million (�37m) of bank debt and we remain on plan for a further reduction in debt during the year. DD
Yep, thanks for the info on AGM Weny and Auson. Don�t quite buy the IIs pulling out of fossil fuels as the main reason for a lagging sp, that would apply to all other oilers unless they are saying ENQ had a disproportionate percentage held by II�s (not too certain). DD
Not a bad day, no bad news, just noise today IMO. My only disappointments were:- 1) Didn�t buy more 2) No update on bid 3) No update on sign off 4) K slightly down on what most on here speculated (but still could hit forecast) Does make me laugh tbh, the share price is still 36% higher than its low early April........and is still undervalued, nothing�s changed, paying down debt, prod target reaffirmed, but still people moan, oh well. KO - this is on the main market not AIM!, do wonder about you tbh. DD
hyd In the cage you go, complete muppet. DD