Member Info for Krakenoil

I think If his intensions were to take the company private then it would have already happened, I think we are going to see a few bids coming in over the next few months to buy Enquest from other Mid cap Oillies looking to use the TAX credits
All out share purchase has to be around £1.2b or 60p a share.

We are about 12 months away from Dividends, Debt and refinancing has to be the focus this year

Our SP hasn't moved above 37p since April 2017,
on the 31st August 2018 we hit 37p with Brent at $53
How things have changed with Brent at $120

Well he's basically saying to the market - if you don't want the stock at 29p I'll have it.

The company is great but the Stock is a dog.
Will this ever change ?
AB needs to step up Friday and explain how he will increase shareholder value
The buck stops with him

We seem to be the only stock to be hammered every time as the oil price slightly falls.
Like I said before, doesn’t attract new shareholders as we trade like AM stocks.

We are still 30% away from the yearly high even with oil prices $10 higher
This current valuation is ridiculous

Blimey predictive text is playing games with me today

Who is our growth capped ? We are only paying 25% Tax we still don’t pay corporation Tax due to our £3b Tax credits, so that’s going to tax a few years to burn through that.

Just shows you what their up to ! Filth

That just shows you what Barclay's are up to ! Filthy rats

He’s probably trading the stock

That takes some beating lol even the motley Fool’s analysts are place far higher and they are terrible

We all know Enq is massively undervalued and the frustration does my head in, Its only us that seems to suffer with bad luck all the time. (7 years of it )
We deserve a run of good luck, its about time

Now bounced 11% up from its low last week.
Come on EnQuest we should be following that

I'll be a little happier once the SP is back in the 30's, Should get a little more news at the AGM

You will also see the reply from IR I received, where they said they will be asking the broker how he got to those figures ! Even IR gave the impression of WTF !

Voice - So why have they dropped their target price 42.5% ? Why have they said refinancing is now a issue for Enquest if using 25% Tax ? Doesn't add up

The response I got from IR it gave me the impression that Enquest weren't to bothered about the Levy, almost as if they had something up their sleeve. All will become clear at the AGM
If AB does want to increase shareholder value then he must be quick to retaliate to Brokers that get things way wrong. Its us shareholders that own the company FFS and we should be asking for this to happen. I don't get why we give such little information away so these brokers have to make up their own minds whats going on.
Maybe AB knows we will be making so much FCF this year he doesn't want to highlight it until its banked

FCF this year has to way above $700
Production- 45k with say $50 profit (conservative)
With give us a FCF figure of $821,250,000 plenty of cash for everyone including the government, debt reduction, investment and a bit for us shareholders say 5p per share