Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
KO, bonds could get renegotiated since enq Will be in a position of strength due to POO, especially if it continues to be the case and covenants regarding dividend / buy backs could be much less strict or perhaps completely removed. Just thinking out loud. I dont really know when or how bonds legally can be renegotiated before maturity.
Hi! Hope everyone is having a good friday evening.
We are all bullish oil and we are all bullish enquest.
We are often contemplating different risk regarding enquest and what to make of the oil markets in coming years(lets say 1-5 years).
What do you see as the biggest risks for a substantial bear trend concerning POO in the following years? I know what we all think And when we share What influental persons write when its on the positive side. I know what I believe, large under investments for a long time, change in sentiment(not chasing production and more focus on shareholders returns), a green wave and an unsustainable/to fast change shift from oil. Historically low interest rates. We can go on and on.
But, What are true / real risks for a Big lasting fall back for POO, have u read anything good from credible persons that have an opposite belief to the beliefs held here by us. What do other people here put in their ”risk box” concerning POO and not
Company specific
Risks.
Great with GE today!!!
Cheers
Hi Romaron, Thanks for the answer. Those are some company specific conitions that we know exist. Do we know more details?
Are there any more general conditions for a oil company before they legally can perform a share buy backs program? I mean our fcf is/will be huge in comparison to the company market value and daily turn over in the stock, meaning the buy backs programe could make the stock price sky rocket, would this even be legal for enq to buy directly in the market with regards to those aspects?
Can anyone shed some light on share buy backs. What are the conditions for Enquest launching such a share buy back program? Does anyone here have general knowledge regarding that and also specific knowledge with regards to Enquest?
I found my way here after personally believing oil had much more to give and also that the fcf multipels are dirt cheap compared to almost everything else that have valuations in the stratosphere(hi bull market crypto saas and everything else). Ive have bin quite shocked how the backbone of growth and prosperity, aka energy could be taken this lightly. Money is dirtcheap, interest rates all time low. Just fueling the Madness even more. I stumbled upon enq and basically read all HMH posts on Swedish site Avanza dating Way back up untill now. That is also how I found this forum. Watched a lot of Eric nutalls videos. Read a lot of bearish articles as well. Since then the risk is basically also much lower. We are hedging, oil price is up, good ge deal. Macro is good. Now its just the famous ass-sitting remaining. I own around 300k shares. Iam curious about how much we small retail own together and that we should form a retail
Enq Investors club.
Now its a waiting game. Think I did my last buying just now. 300k total shares. I also want to join the 60 p party. What avenue are we gonna book?:)
It would be interesting to know how much shares us more active here and on the Swedish forum own together. We should form a retail enq investors club. One by one we are weak but together maybe can have some saying?
KO if that is ur belief I truly dont understand why just dont sell? I myself have said that if by end 2022 its still enq chasing production with new investments debt Rising again - in other words a cat and mouse scenario I will part ways. Its not as black or white as I make it sounds but that kind of reasoning. I of
Course believe good aquisations can be made but if its Big and its about salvaging the decline in our production Iam out.