Member Info for Elitesky

That happened in 2019, its not new. Also good luck with that. Its a paper dog.

Last month activities (value in SEK)

Goldman Sachs Bank Europe GSAG -2 156 091
UBS Limited UBS 817 718
Deutsche Bank AG DBL -253 734
Instinet Germany GmbH IEGG 295 116
Skandinaviska Enskilda Banken AB -660 507
JP Morgan AG JPAG -9 508 386
Morgan Stanley Europe SE MSE -10 818 639
XTX Markets SAS XTXE -2 556 214
BofA Securities Europe SA MLEX -13 633 569
Barclays Bank Ireland Plc BBI -1 482 742
ABN AMRO Clearing Bank N.V FOR -10 483 937

Rather seems to me like market manipulation of the stock price. MSI and MLEX trading down the stock between each other with help of BBI and XTX on swedish exchange.

Thx Pelle! But was it in these quite massive quantities? I saw germans and swiss buy alot when it went of like a canonball from 1,6sek to 2,8sek mostly using Instinet Germany (IEGG).

Something is actually strange when checking the stats. MSI has sold about 5 million and BoFA close to 10 million shares during April. Havent seen MSI or BoFA buy even close to 2 million shares before over any given time. Have you guys seen MSI or BoFA buy huge amounts of shares?

This is huge imho. Should have spiked up about 2-3$ on this but probably brent is seriously manipulated, no reaction in oil price at all.

https://thebarentsobserver.com/en/industry-and-energy/2021/04/russia-may-have-passed-peak-oil-output-government

Srlsly? I think AB doing all he can for the share holders. Not his fault oil price went down 2014 and then again 2016 and then covid. Its ridiculous. He bought alot of shares 2019 around 20p. Debt reduction is priority now and its going quite well after what i can se.

Not to be sarcastic, look at other companies how they do it?? How can so many other oil companies give dividend while Enquest can not?? Great Magnus acquisition was supposed to make shareholders wealthy.

Grow yes but not by diluting shares, its getting out of hand.

RE:Romaron, Are you telling me the company is in this kind of executive financial hardship and that im to blame for not wanting my shares to be diluted?

I first want to see dividend and a good rise in sp before any deals.

I have about 600k stocks and my vote is against the deal.

I agree totally Tom8080, regarding the liabilities, but nevertheless, oil is up to 59, and most certainly wasnt this high when Eagle-deal was signed. Its a minor thing.

What you fail to realise is that we are at 59$ per barrel atm and add kraken premium. Stock should be at 20p today.

I predicted 1250m debt kinda close, but got slammed here for it. As always, no problemo, got diamond skin.

EnQuest should focus on their efforts on oil production, no time or money for fantasies about renewables should be in place at all. There are vast number of other companies for such projects. EnQuest should focus on deliver value to shareholders. EnQuest should of c at large extent try to reduce flaring, and keep the environment under consideration, as they already have done.

I 100 % agree on the marginal fields. Perhaps it could be made more effective with underwater pump solution.

My prognostic thesis revolving EnQuest, purely speculative :

Year debt $m
2017 end 1901
2018 end 1774,5
2019 end 1413
2020 mid 1351,1
2020 end 1250
2021 end 980
2022 end 600
2023 end 300 dividend 20-30p range
2024 end 300 expansion+higher dividend

This forum is getting out of hand, with small traders fearmongering. Do not fall for the BS. Enq is worth the double at least and thats today, not tomorrow.

I would say prio is debt payd off 100 % then next prio are dividends nothing else. If SP was alot higher then perhaps one could argue about expansion and less dividend but this SP is laughable for long time shareholders and must be combated with dividends.

Crater again* seems to be the correct term.