Member Info for Parka

Shorts starting to reduce their positions

Inflation below forecast. Could give some room for BOE to keep current rates. UK bonds down on the news. For the shorters doesn't seem a good combination.

More about JPM analysts price targets. From 7 analyzed stocks, 4 directions were wrong, 3 directions right. From 4 underweight recommendations all were wrong (0/4 right). Gives you a bit idea about the job of analysts

An example of JPMC target price history:

Rolls-Royce is the standout: JPM Cazenove had it Underweight with a 70p target in Jan 2023 (and Neutral at 235p in Sep 2023), yet it now trades around 1,365p. That's a dramatic miss

To down tools for some projects looks a good decision to preserve cash. Balance sheet looking strong. Where in other countries you see developers operating with near net cash balance sheets. Most developers have 25%+ net debt to equity ratios.

Their average price probably around 342, so they have room to hold on. Probably getting nervous if the price moves through 300

Company valued less than in GFC but has practically net debt around zero and moving to net cash position. P/B around 0,25 (okay there is some goodwill on the balance sheet but still very low), predicting to be still earning money. A deja vu with irish banks (BIRG, AIB) in 2020, when BIRG touched 1,2-1,3/share intraday. In the meantime has paid over 2/share dividend and share price has 13X

Great to see such oportunities on the market. Strong balance sheet, a lot of value vs market cap. Looking forward for strong gains ahead

Chatted about EPL and predicts it will end in August 2026 :D

Seems that pushing past 1400

Jet2 has ordered different models. In fact Wizz changed the order so that they now want the same model as Jet2 has ordered already. So the pressure to deliver this aircrafts even rises for Airbus

Does someone who know the history and the industry better have any knowledge about cost cutting options. Capex is one that could be revised downward (for 2026). What about opex, abex, is there also some cost cutting options so that the production wouldn't hurt too much?

Probabaly they are just as stupid as we that are long Enq :D

Not the first time Enquest had to go through a perido with such a low oil price. And not with such a low debt level :D

The company has decent cash and undrawn debt facilities.

The company is in a course of growing production which means a lot of capex which could be adjusted if there would be really big difficulties.

The company is negotiating a major deal.

A bit overreacting to talk about company going bust :D

Very interesting that investors see the stock as a good on a market. That when someone is buying (like share buybacks) then the only way is to go up and when the buyback ends then only way is to go down. Certainly there is a connection. But what works in the longer run is value. And currently the market price offers a great value for the shareholder. Probably the buybacks will continue in the future, there could be special dividend. The balance sheet is strong and liquidity good. You could calculate the probable earnings yield which is very good at the moment

Where there risks with Lookers at 10 pc (was taken over at 120), IPF at 30 pc, Mccarthy and Stone 3x lower the acquisition price, Plus500 at 1000 etc- of course. But i was buying at this levels

I must say of course there are many risks. But at this gold prices, there is also potential for the market cap to multiple 5-8 times

Why to focus on Q3. Of course the company is under financial stress at the moment. BUT with gold prices as high as they are, the financial problems are short term. Are there some risks regarding finances loans- of course. But with gold prices as high as today, there are also very significant potential reward there. The risk/reward is attractive

In 2002-2003 UK was the 5th producer of natural gas. When all other large wealthy countries have increased the production like 2 times, UK has decreased like 2-3 times. The politician talk about wealth creation when there is no reasonable energy strategy there. At the moment they are on the course of energy imports, so more expensive and more dependent of other countries. Seems like it's okay to be a rather poorer country and to depend on others.

Seems that Enquest has designed this years capital expenditures so that they will decide after the new tax regime is on table wether to quietly drag down the operations in NS and redirect resources overseas. They openly talk about it in recent statements but probably there is to be considered the depth of the strategy- how much should be dragged down. Maybe if government would know the decisions by operators after the tax changes, maybe then they would decide in a different way. That with new tax regime the operators will push the button (decisions about capex, investments) that will lead to x amount of layoffs and x amount of loss in revenue and taxes