Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
if you disagree with anything coming from the left you are branded as a far right extremist and that tars you with being a ****** now, they've done a good job with this propaganda campaign is working
bit like the knife crime victims moaning about their kids being killed but when stop and search was bought in they jumped up and down calling it ******.
red ed going down the same route and will blame someone else for the blackouts and the mega expensive electricity when the subsidies run out.
my god we need to get back to some sort of normality and common sense in this country before these politicians and university lecturers and the media really frack it up.
I don't think they will and the remaining cash will be passed on to the second stage
like I said they could have bought a fair chunk yesterday but chose not to.
Do they want a cheaper price or are they trying their luck by not paying more than 16.2p
They could damage the SP if not careful and would Enquest be happy with a lower mcap but a higher number of cancelled shares ?
ML is adding to the downward pressure on the SP. ML could have bought a fair amount yesterday between 16.2 and 16.4 but chose not to.
I think we need to stop thinking this first small offering of buybacks will return any shareholder value.
We need to wait for next year when the company is in a much better position to pay far bigger returns.
The first phase of the Programme will be carried out through an agreement with Merrill Lynch International ("Merrill Lynch")
Does this suggest that ML may not use all the $15m to purchase shares in the allocated period?
So really its only buybacks of £7.3m of buybacks if all the Shares were bought with a average of 17p the other 25m shares will just be changing hands
Mr Hunt must be working for us now "We will add shareholder value with buybacks but we'll give the bought shares away to ourselves later on for nothing, we'll call it a Bonus" -
I’m not sure the market takes much notice of positive notes any longer, it seems all about shorting nowadays.
Like I’ve said before we could strike gold be paying 50% dividends and still the SP wouldn’t rise.
We have been doing everything superbly well over the last few years, debt has fallen way over a $1b and still the market won’t reward us.
What more does this UK market want other than a fair tax regime .
What I still can’t understand is why Steve uses barrels as payment to BP etc, we don’t pay the profit share in barrels, the costs of lifting the barrels is big part of EnQuest’s business (we earn from each barrel lifted).
For instance in my industry all jobs are given labour times against them with material costs on our system but if we complete those jobs in half the time that’s a bonus on our part we don’t pass that on and neither would Enquest to BP
We have such low daily volumes I can't see anything happening until that starts to change.
The equity is still unloved in the sector and that probably wont change until we can pay a dividend, not really sure why our market value is so low to be honest as we have a proven record of navigating very rough seas where most would have sunk and our debt risk is shrinking by the day.
Where's these buy backs then ?
This time next year Rodder's