RE: Enquest should hedge now and raise some cash....09 Jan 2021 08:28
I sold yesterday. Made about 15% which for first week of Jan is great. Probably a mistake but i feel the markets are on drugs. The virus vaccine rollout will create a few twists. Nice trade on moderna also making 6% but fx charges took a bite as well... This is the best oil play for me, i dont even understand pmo anymore or see the point in their tiny % of the new merged company.
RE: ENQ's 2021, 2021 World Oil Production & Consumption, Stocks (part II)07 Jan 2021 09:02
I wouldn't mention the 11s mrc or you will see them again and probably with oil over $60 the way this share works. Is this just so unloved. Hopefully the CEO values his own shareholding, I do wonder how much Tony at PMO received in his settlement to shaft everyone.
Very long hard road ahead. Vaccines needed to get the travel industry going.
Laidback - PMO would have probably survived and been in the 60s right now if ARCM had not targeted them. Going to lend you £400m at 10%, then I am going to short you, then I am going to reject your refinance at the next opportunity. I would love to see how much they made from it all. Clever, clever people, though deceitful in their obligations to disclose the short. Following PMO for 5 years has taught me a lot.
I think the only thing that will scupper ENQ is if a variant strain becomes resistant.
In yesterday at 11.7, bought two chunks due to rubbish price on offer buying higher amount (11.86). Wider market set to rise off the back of talks in the US. If this doesn't rise 5% + first thing I will add.
RE: There's a hurricane coming, we just dont know how much damage its going to do to the town04 Jan 2021 16:19
sterow - a very honest post, I am in cash and though after this morning I had made an error selling up. Well done on holding for your money back, I know the feeling and these boards don't help reading 15p predications but everyone entitled to post.
I am starting to think something else is up. Is the SA strain resistant to vaccines - I hope not. I would rather lose a fortune than have that.
Ammu, this to me is the best option. Tlw prob best for trading and i don't really see the point in pmo anymore or whatever it will be relabelled! The market hates enq but the ebitda will be undeniable. Going to buy next week prob but want to research debt and repayments dates a lot more. There has to be something there pegging this.