Member Info for gurun

We would have seen that if AB had given the market more information. Most of the investors do not believe in figures presented in this chatboard or on the Avanzachat. We always get a productionforecast. It would have been very easy to give a forecast of FCF if get average oilprice of:

a) 60 dollars
b) 70 dollars
c) 80 dollars
d) 90 dollars
e) 100 dollars

Maybe he thinks that people can count on their own. The fact is that a majority of the market do not count at all.

Our time will come. All days is actually very good days for Enquest with todays oilprice.
Every month we add a value of around 2 pences per share.
Interested investors can see this fact despite our boss AB give as less information as possible.
Most other managementteams would have highlighted the fantastic GE-deal, given some figures of what advantage it was to make the deal when the price of oil was around 45 dollars per barrel. I am confident that despite it will take little more time to reach a more correct value of our shareprice, we will get our gratification that day AB tells us that now it is time for divend and share buybacks. When we start with share buybacks of about 500000 shares per day it will be more difficult for the algos from MSE and MLEX to trade our share. Even the swingtraders will have tuffer days to trade when Enquest every day buy 500000 shares and never put them back in the market.

FCF in SEK and FCF/stock is wrong. You have not removed The share to BP.

Kamrat!

You got your figures little wrong. FCF, stockprice and dividend in SEK is not the same as in dollars and pounds.

The algos do not care about FCF. That day AB tell us that Enquest will start with dividend and share buybacks we will se a huge raise in the stockprice. Until that day we only have to be paitent.

Last thursday we had this trade:

Anya ideas about the block today?

14-Oct-21 11:17:24 24.64365 6,610,000 Sell* 24.80 24.95 2m

Today there was a block in Enquest of 6610000 shares. Who can be the seller and who can be the buyer?

We can see that todays trade is the same amount of shares. But there seems to be a correction of todays trade.

22-Oct-21 10:39:56 25.35383 -6,610,000 Buy* 24.85 24.95 -2m O
22-Oct-21 10:39:56 25.35383 6,610,000 Buy* 24.85 24.95 2m O

Anya ideas about the block today?

14-Oct-21 11:17:24 24.64365 6,610,000 Sell* 24.80 24.95 2m

Today there was a block in Enquest of 6610000 shares. Who can be the seller and who can be the buyer?

The best way to increase our marketcap would be if AB uses a small part of the FCF for dividend and buyback of shares. 1 p twice a year would cost Enquest 45 million dollars. Lets spend another 55 million dollars on buyback shares. With an average shareprice of 34 p Enquest will get 120 million shares. That means 600000 shares per day in 200 days.

Yes you are right Tarmak that you made mistakes in your calculation. You forgot about our costs. The two firsts are okay, but two lasts are wrong.

Why that nervous? It is only first of October today. Enquest informed in half year report second of Sebtember:

Agreed to acquire Suncor Energy UK Limited's 26.69% non-operated interest in the producing Golden Eagle area for an initial consideration of $325.0 million with completion expected around the end of September.

Ecpected around the end of September I interpret as from September 20 to October 10.
Every day with POO like now is a very good day for Enquest. My advise is just to be patience.

That is for sure the correct interpretation of the text. In the end of april Enquest has hedged 9.0 MMbbls for 2021 and have 6.2 MMbbls remaining (so used 2.8MMbbls for the first 4 months of year).

If telling the debt figures there is a risk that the stockprice will raise.

210101-210430
Average production: 45000 barells/day

210430
Net debt: 1160 Million dollars

Density= (141,5/(API+131,5)
Kraken API=13,7 gives
Density=141,5/(13,7+131,5)=0,9745 kg/liter
Density=Mass/Volume
Volume=Mass/Density=1000/0,9745=1026 liters
I barrel=159 liters
1026/159=6,45
500 dollars per 1000 kg gives us
500 /6,45=77,5 dollars per barrel

https://shipandbunker.com/prices/apac/sea/sg-sin-singapore

48k-54k production for 2021 and 1350 M dollars in netdebt in the end of 2020.

https://twitter.com/baroninvestment/status/1347547201606737921

Density= (141,5/(API+131,5)
Kraken API=13,7 gives
Density=141,5/(13,7+131,5)=0,9745 kg/liter
Density=Mass/Volume
Volume=Mass/Density=1000/0,9745=1026 liters
I barrel=159 liters
1026/159=6,45
400 dollars per 1000 kg gives us
400/6,45=62 dollars per barrel

Many times I have noticed that the intial reaction of brentprice is down when inventory statistics arrives. Later in the day the brent price starts ricing again.