Member Info for January2

I think "Hitman" explained the Real Problem very well in his last 2 posts. I would only add that if you are "long" on oil going into the summer then holding here is a no-brainer.
Indeed with the shut downs in Europe and the delay in the launch of the J&J vaccine announced yesterday, I think POO is doing really well. Shows me that there could be a "burst" to the upside in POO coming (and thus our SP).

Agreed primetime and well put.

SauerKraut,
Yes your right. I think this is still over valued. Production around 4x my beloved ENQ , yet this has a market cap around 10x Enquest. This gap has to close over the coming months. I see a fair valuation hear of 6x ENQ and thus -
I see HBR valuation around the 2b mark at todays POO. I see the valuation multiplication of 10x ENQ falling to 6x by year end.

looks like my previous post , relates to correcting wrong data posted by "stevo".
Sorry Stevo, ENQ looks the better bet, to me !

Whiteace, it’s not correct.
Enq EV is more around 1.6-1.7b
HBR I think is correct at 8b.
If you search on HBR news on this site there broker say they will do 1.1b FCF.
Enq produce more oil and profitable including GE we around 500m FCF.

So comparing EV vs FCF we could be almost half EV.
Let’s say 3b to give some discount
That would equal around 60p

Advice from our boards trading Guru,
Ammu Buffett.

US are reporting that the coming "driving season" is going to be huge ! See the link !

https://www.stripes.com/news/us/americans-looking-to-get-out-set-stage-for-gasoline-comeback-1.669330

Because if an RNS lands confirming GE is done then you may regret it !
If POO rises then you will regret it !

Yes, over the next few weeks of April we could see the POO dip, as after all it is "maintenance time for US refineries".
Brent POO could go below $60 and our SP could go to 15p. That IS possible ! However the Oil Market can and does come up with surprises, so the POO could equally go UP ! And the share price go back torwards 25p.
BUT BUT BUT - A big PLUS, we must not forget - that we are expecting a "positive" confirmation that the GE Deal is being concluded. That confirmation RNS will, no doubt positively effect our SP as soon as it lands ! I will be holding and waiting for this news !
As for POO, May and June will be the time that Oil ressumes it's bull run ! As all the US banks say $70+ for the summer. Some say more !!!!
ENQUEST - has an "Ops Up-date" RNS due in MAY . This and POO should take us to new yearly highs ! And the Trolls know it, that's why they are here !

Just to add to Pelle's post.
Not only have "Jeffries" raised the price target to 21p. They have also changed the outlook to "BUY ". at long last !

Yep, looks like Spindok has hit the big time !

https://www.insider.com/60-year-old-man-becomes-model-2016-6

And delivering oil to Syria.
Plus using for their own domestic use !

Chilting,
I can prove your wrong !
Your re-newables and green energy is worse for the environment than our lovely Oil. This proves it !
https://www.youtube.com/watch?v=Q5COAi6KM8o

northern monkey caught on camera.
- "nice clean white teeth"
https://www.listennotes.com/podcasts/northern-monkey-bobby-wilks-PU72GbseHFh/#images

https://www.listennotes.com/podcasts/northern-monkey-bobby-wilks-PU72GbseHFh/#images

Thanks Pelle.

or just go to You Tube and type Enquest, it comes up as first video.

I can't copy it from "You Tube", but if you want to see AB's interview on CNBC then go to you tube search and type in the following -
Industry has moved from long to short cycle investments, says EnQuest CEO
170 views•Mar 25, 2021

Wasn't the hook up in Peckham

gkb47,
Lol, Nice one !