Member Info for Itsaponzi

Oil is going back to $58 that's a given now ??

Oil is going back to $58 that's a given now ??

Forget Dividends they are 2 years away and thats oil at $60 average!! So any downturn on oil then forget it.
I'll say it again trade it this year as holding is a complete waste of time.
Looks like a nice trade coming up over next few days buy a 18.5p sell at 20.5p its easy as that guy's.
But I will load up in the beginning of 2020 and hold but if we are not at 30p by end of Q1 I will just trade it again all through the year again!!
The question is does AB want to go private???

Enquest in any other sector with its debt and profits and furture earnings would have a mcap of around £2b now !!
That's how hated this sector is and normal people being brain washed that the world.does not need oil.
But the fact we will need around 110mbopd in the next 5 years is just ludicrous.
The sector will have its day and will probably over shoot on mcaps and all the silly nonsense that the market does.
And that's reason we are all here because we don't know when that is going to happen ??
But riches will come one day ..

Energy stocks have been out of favour for 6/7 years just look at the charts ??
Most have dropped 90% and more and a few gone pop ..
We are all hoping on change in sentiment but it's not going to happen this year .

That's the negativity the markets sees and uses it to drop oil .This world can't live on positivety we live in sad times I'm afraid!!
God help our grandchildren just enjoy what you have and be happy and make good memories.

Plus oil has dropped its pants can it go back to the 50s with 5m of the market ??
Off course it can so what happens when the 5m comes back on the market are we going to see brent drop into the 40s ??
Wouldn't surprise me to be honest I don't trust this market anymore it's just corrupt beyond belief!!
Anyway build it and they will come .

All oilys in the red you couldn't make it up!!

2 more bucks will make the share price rise 50% !!
Will probably add 0.5p at best or even stagnant.
Oil looking steady though which is good for now slowly catchy a monkey !!
It will rerate at some point but not this year with all the uncertainty brexit china and trump relections??
Like I said the time to buy is the beginning of 2020 then hold for 3 years and Make some tidy bonce..

25p ??? but i have said on many occasions forget this year but get lock and loaded from the start of 2020..
70p 2020 year end ??
£??? 2021

Turnaround time 12 days ???

Not even them 2 scenarios will move enquest!!
Oil holding well at $65 enquest going down into the 19s so correlation to oil ..
But just have that feeling the yanks are going to crash it later and $3 off..
Its almost like the Market know already ??
Let's see if trump can keep his big mouth shut for a couple of days??

Are they ready to crash it and take out all stops before letting it go ??
Getting there mates to set buy orders up so they can rob the unfortunate Pi..

I know its depressing !!

Oil would have to $30 for a year for enquest to go to 0p but 60 % of the world's oil companies would also go to 0p !!
So that assumption is not going to happen !!

The market is gagging to smash this down into single digits for some reason ??
Y not just do it now and get it over and done with Ffs..

Pmo will be asking Pis to stump up cash soon with about 50% dilution??
They need cash to fund there hair brain schemes at some point..

20p is laughable should be 60p Minimum but mr market is not interested in enquest future potential??
Maybe the past damage is unrepairable and the market is waiting for Enquest to F@@k up again ..
The last year has been a massive forward improvement but all for what ??

We all know it's going to take a lot longer than 2 weeks to fix more like 2/3 months !!
They won't be ordering the spare parts from plumb Centre with a next day delivery.
All will have to bo bespoke make to fit and then commissioned with sustain flow rates for weeks so all talk about 2 weeks is absolutely pie in the sky Ffs..

I think an email to IR asking them y the consant downgrades here ???