Member Info for Krakenoil

Voice The buybacks were introduced to add shareholder value, that’s the whole point of these buybacks ffs

Of course I’m emotionally attached it’s my money that’s invested who wouldn’t be.

What gets up my nose more than anything else is the fact we have never been rewarded by this market for our debt reduction and our strong performance over the past 4 years. Not a single Analyst pointed this out, they have always twisted news into a negative. Why ?

Both Jefferies and Barclays have given us negative reviews and not once pointed out our potential or the start of SHR

We could do with AB showing ML how to buy stock

Pathetic

If ML don’t buy on higher volume days like yesterday then how the hell are they going to buy on low volume days and they are now the norm. The trading days left are ticking down.

158 days left =£72300 to spend each and every day going forward.

So far they have only managed a average spend of £35k per day

They need to ramp up

Jefferies raises EnQuest Energy price target to 17 (14) pence - 'hold'

Are ML deliberately putting pressure on the SP, I suppose its their job to buy shares as cheap as possible

I want to know what the windfall is ? Because oil Prices are normal and have been all along.

Could have bought a lot more yesterday.

Down just 1.4% Enq down 4.25%, ML ain't doing us any favours that's for sure.

Seems to be 1 step up 2 straight down at the moment, Its days like today when the buybacks should be mopping up all the sells but ML will most likely sit on their hands

Brent now fallen through support on the news of IEA cutting demand forecasts, I bet they will follow up with a big Inventory build this afternoon

Monkey that would probably be seen as a fail by the market so I very much doubt that

I'm surprised at the very low daily volumes we are now seeing I thought it would have steadily increased over the past 3 months.

We haven't seen any SP gains from the reduction in debt/risk over the past 12 months nor have we seen any positive broker notes, strange considering a great set of results and the announcement of SH returns that the company has never achieved before.

What else do we have to do to be rewarded ... Maybe paint both Magnus and Kraken Orange

Used to be £250

Its a good start. Our MP's all know the WFT is now killing the industry, but how do they remove it without the brainwashed public and JSO jumping all over them specially when it was the same MP's who created this monster in the first place.

Sounds good to me Jan, looking at the train times I should arrive between 12.45 and 1pm

The higher the pump price the higher the Tax income so will they do anything about that, no chance.

The windfall Tax must end

I'm in Wales that week so will be getting the train early from God knows where to Cardif then on to London, so will be hanging out for a beer by the time I arrive.

Looking forward to it

Highest spread we've had in a very long time 7% over 1p is just stupid

The SP should be reacting to the falling debt, bit like a set of scales but its not. Surely at some point this has to start doesn't it ?. We can't have $3.5b worth of plant, $3b in Tax credits, Production at 44k, buybacks and a massive reduction in lease costs and still only have a Mcap of £300m can we

My thoughts exactly, to buy just 131k shares on a higher volume down day is pretty stupid unless they believe the SP is going lower.