Member Info for hitman1a

Div money arriving tomorrow, so good time to top up , not sure what that bump up was ?

Analysts at RBC said they viewed the deal as a sensible use of cash raised on a recent stake sale in Singapore Life, adding that their forecast for a 300 million pound share buyback at full-year results was unchanged. ( as per Reuters).

I would use the Singlife money to increase the annual dividend over the next 6 yrs by an extra 5p/yr ie: £800m /2735m shares is about 29p , This extra yield would push the share price towards £5. Assuming it completes in Q4, then we should know by the end of Q1 next year what they want to do , I don’t want a share buyback this time round .

just started with Ian

17-Apr-23 Canaccord Genuity Speculative-buy was 35.00 now 30.00 Reiteration

seems alright

Sentiment or perhaps what AB mentioned the other day.. they need to attract new shareholders. Perhaps Wed will be a "look at us" presentation to show our green credentials and potential returns in the near future.. It's aimed at Retail, but what could they possibly say to change the share price in a positive way.?

They should aim to cancel 50% of equity , 19p ? Wasn’t that the same price we got diluted at before ?

The core business essentially is like a buy to let that washes itself , The buy to let might have a holding capital gain which can only be realised on sale as more leverage isnt possible. a bit like our losses which might be useful to someone else on merger or sale at some point in the medium term . I guess at the retail investors day , I could be offered debt for equity ? , with bi-annual interest , wonder what the coupon will be ?

We were 27p at last year's AGM.. so I wonder if we will be above 20p at this year's event ?
The 5th June is a Monday... a strange day for a AGM.

I would prefer Wed or Friday.

Good webcast.. Ian did a great job with the questions as well.

Think Enquest will have to wait for the Gov to make some EPL adjustments.. and then update us again. Action: Hold/ Speculative Buy.

Presentation to Analysts and Investors A presentation to analysts and investors will be held at 09.30 today - London time. The presentation will be accessible via a webcast by clicking here.

EnQuest investor relations team will be hosting a presentation via Investor Meet Company, primarily focused on the Company's retail investors on 19 April at 14:00 - London time.

The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

I thought it was always Jam tomorrow, but in any event , they need to pencil in a 2p dividend per share at somepoint , 10% return at todays level to keep investors onboard and attract new ones. Net debt position is very good at the moment , Still need the government to amend the EPL.

So long as we don’t get notified of another acquisition which needs a rights issue , we might be alright tomorrow. Would prefer to sell the company after we know the amendments to the EPL , as I think someone else can use the losses better and we can maximise the money for shareholders.

That was for Enquest.. HBR : very good chance of 300p this week if that OPEC news

Back to 20p if Brent improves by say $5.

but still need to resolve the Windfall tax this week/month to move back to 25p

Agree , it’s gone ex-div today, but other insurers are up this morning and the buy back is also helping out as well . Perhaps it can go back to 440p over the next few months with a sector rerate as banking crisis fears subside, but I thought this would get to 475p by end of year/early next year anyway based on next years dividend .

Windfall implies only on those barrels that achieve $100 plus imv .

I thought Tesla batteries lasted about 10 years ? . £31k seems good value , depending on how much miles it has already done. Maybe KO can put it on autotrader to view. Replacement battery about £18k ex vat plus labour ? . Think a Lexus hybrid might be a better option .

Nice numbers , any leaks on what’s coming up on Thursday might be know tomorrow.

In the meantime, Keep Britain Tidy

I look forward to the 60p Metaverse party .