Member Info for Dodger16

I think that is nuts, absolutely nuts.

All I can think is the market does not buy the oil rally. I more in ENQ than here and have to admit, feeling the reward is not there for the risk when oil is now $8 higher than when I bought in.

I am hoping oil drops under $70, then the enq share price will rise over 30p.

Correction - a good update for 4 months to April - which is still a month away.

heardy - I just go off the market cap. I also consider the PE ratio x EBITDA multiple. This is a shocker for $700m on EBITDA. This will have to be let go of at some point.
I used to get why PMO wouldn't budget with a looming re-finance (VWAP period and all the rest), but this has a clear debt structure.

Just needs a good update for Q1.

I am £7k off with my ISA and £6k off with my SIPP where I started in 2016.
Proud I am coming back but it is depressing. When you first start, fear is the worst factor and you get scared out of your money - usually if you do not spread the risk! All in!!!!

Are you talking to me Ace? In case you are, I was just making a joke. I never claimed to be a trader - to be honest it has cost me being short term, I have days where it feels like my strategy is buy high, sell low.

Good luck at the tables.

You do trade like me Ace;)
Take it as a bit of fun!

Ace - he just wished you well for FFS! I imagine you to be a kind of Hellmuth personality at the tables, tantrums, crying like a baby and all the rest of it.

Squif - I suspect the reason is PMO have more prospects, no questions on their output of Catcher etc. It is a safer share to be in than this.

It would give you 20 reasons to be cheerful Ammu ;)

Auson - was that before they agreed the re-finance? I bought at 90p and sold at 66p. It has take me two years to come back from that - ironically PMO have been 140p during that time but I just couldn't stomach it for a while. Doing well on here but only bought because it just became so silly and so obvious. Its going to take a good RNS update to restore more confidence, amazing the damage Cairn has done here.

I used to own some, basically a company that can't afford to get itself in to a profit without raising another 5x its current market cap. I still buy penny stocks but only with gain money. Going to chuck some on ECHO if it goes under 2p.

Original buy at 180 Ammu, he may have sold at 40 then bought back when it was over 80. Who knows.
I see AST funded their wages for another year.......

Most of this will go to working capital - or should I just say wages.
Used to own this tripe, glad to be well out of it.

Who knows Kraken - I am just constantly reminding myself Brent is over $70. SP acting like it is under $50.

ENQ is 3% down members. Just take a step back and remind yourself oil is over $70.

Hopefully this will bring some much needed confidence. Not getting too excited, disappointed with sp after brent comfortably cleared 71. Def keeping my holding waiting for 40.

Of everything - going away for a week and need to switch off and enjoy family, leaving the phone at home also.
God knows what it will be when I am back - 120p or 100?

I really don't see why they write headlines like "WTI runs out of steam", already the article looks a bit daft.....they even through one in about crude demand dropping in 2025 as a result of Paris.