Member Info for oxygen

L7.....likewise I’m due to travel to the UK in 3 weeks time. I usually jump on a plane & spend 3hrs locked up with 250 others as it beats the pain of a 2500+ Km round road trip plus ferry crossing. I’m seriously thinking of getting my 3.5L gas guzzler out the garage, throwing the dog in and taking the scenic journey plus I’d burning thro several hundred litres of fuel in aid of my investment ! Its a curious side effect alright.

Well I’m feeling somewhat inadequate to those posters who seem confident in being able to predict SP /POO movements so I’ll just quietly go about buying more ENQ shares on the belief that world order is not about to collapse and the supply / demand of oil will at some point return to normality. Just wish the media would offer a more balanced view of life rather than try and work everyone up to a frenzy ....for once Trump called this right, its Flu....people unfortunately die but the mortality rate within the working population is still low. Yes we’ve no doubt been knocked back
quite some months but thats life, some need to Man Up !

Problem here is until there is full clarity on Share Ownership how does any potential offer get validated ?

Seems Retail Investors amongst others, are being played here. Shame to see this Share turned from an Investment to a Gamble.

AB’s comment ‘ and to enhance value for shareholders ‘ .....will be interested to see whether the Results give any signal on possible future Dividend payments.

See American sentiment is starting to factor in an Opec cut. Just find it a bit ‘rich’ of them expecting others to support their own unregulated output. No doubt the Market will overshoot
whichever way the Saudi’s play it. Time for cool heads.

Once the forthcoming TU is out of the way it wouldn’t surprise me to see AB buying again at current SP levels, as at some point Oil pricing will rebound and so will ENQ’s equity valve. Whilst this blip will be worrying for short term traders and those overtly exposed , its of little consequence to LTH’s such as AB, and those with a multi year horizon. Still happy to buy.

Unless AB is talking about a percentage increase in which case he’s referring to base points (BPS) ...but bit unusual. Clearly the actual premium is commercially sensitive so unlikely to be disclosed.

With both Creditor Schemes now holding over 75% support , ARCM have no option but to fold & tow the line. Onwards & upwards from now on.

A nicely timed purchase although as a holder of PMO think I’d have sold something else to fund
your purchase, especially as the latter has risen circa 25% since mid Dec. but at least your in profit
which in this game warrants praise !

Love the optimism, but personally would prefer we avoid the attention of day traders. Been here a long time thus happy your 25% re rate takes just a little longer....as it will, plus interest , no offence intended.GLA.

Julian ....good luck with that ‘strategic transition to a full price stance’ . You need to stand outside Primark and witness your target audience walking out with armfuls of clothing at a fraction of your pricing. It would seem that your Brand Label has little , to no premium left in it. You need to take the sun glasses off !

Thankfully we have a “conservative” management here but that doesn’t always generate news flow. Interesting that HUR have just provided 2020 guidance with a headline figure only to then add that it excludes “operational downtime”......how useful is that !

Feel sorry for you guys/gals having to make a decision amongst such a poor choice of candidates tomorrow. Will be surprised if the Market doesn’t punish other than a clear Tory majority as that looks to be its expectation. GLA.

We need a few of the global unknowns to play out first and then hopefully see US shale production plateau / fall in 2020 before the Mkt returns its verdict on ENQ. But assuming no major operational dramas occur I see this rising above the RI price by Q1/20. Still a buyer at this price.

Would just add that the CMD was mentioned in the Half Year results as planned for 5th Dec. ‘19.
Assume this is still going ahead given no announcement to the contrary.

Hopefully we may get an interim update on Trading next Thurs. when they hold a Capital Markets Day but failing that at least we may attract a little more Institutional support as CMD’s aren’t usually held if there is bad news to tell !

Its a nice resource to have. Indeed as Enq. already have the infrastructure in place and locally supply gas on an swing basis it wouldn’t be a surprise if an agreement with Petronas is reached to fully monetise this. Indeed our new Chairman has probably already put his slide rule over this !

Hopefully MJH has good contacts at Petronas !

Martin Houston wasn’t at the CMD as I don’t think he would have allowed AB to have just dropped into the conversation that ENQ hold 3.5 trillion cubic feet of gas available for distribution into Malaysia , which isn’t booked anywhere in the accounts ! He is after all the co-founder of Tellurian Investments, who sell and develop liquefied natural gas !