Member Info for Pelle

Romaron, I was in Cervinia.
Great place I would say, village at 2000m and highest skiing 3800m and there a lot snow all the way.
Some days was sunny and could enjoy lunch basically in t-shirt.
Village is very compact so most hotels is 50m to lift and center.
Can ski to Zermatt and Valtournenche also.
Valtournenche could be good option also with less people in lifts and it was more hidden from strong wind that closed the key lift in Cervinia one day

Still on target for end Q2

Interesting view Modestus

Just back from skiing north Italy, surprised they didn’t have any fever check at Turin airport when we went home.
Only at exit when we arrived a week ago.
I thought that airport would be key point for control and reduce spreading virus.

Typo, last week actual worker return rate was 25-50%.

Chilting, i agree but many workers returned to their families more inland for Chinese NewYear. And could not return to industrial zones after New Year.
Last year the factories I work with had return rate of 25-50%. Normal is 50% after New Year so it’s not too bad.
Production will need to run on full steam to catch up with demand and also airfreight will increase for most urgent goods.

Red day?
Itza I think it’s just your period

Thistle page under Media is now removed so production might have restarted

Hi L7,
My take on Magnus last year if you exclude the 100 mill vendor loan to be repaid over 5 year.
First approx 2/3 of the year Enq got 100% FCF of the 75%.
Last 1/3 of the year they got 25% + 75/2%.
= 62,5%

So 2019 equal approx 70%.

2020 Enq continue getting 62,5% but with slight less interest rate at the vendor loan.
So maybe 6-7% less FCF for Enq from Magnus.

https://twitter.com/Ian_H_Lundin/status/1229794568280866816/photo/1

Squif, agree 150-200m range last year profit. Probably closer to 200m.
But its already 2020, can we do around 300m this year if oil price behave?
We are way too cheap if oil average 65

Should easy reach 40p next time oil goes to 65 !
Lets say in spring and another 150-200 mill more debt reduction

Yes. I read same in Sweden. It calm down last 4 days but yet too early make conclusions.
Let’s hope for more optimistic week

They need to learn hedge more to secure a big profit once oil is high. Like a month ago. If it now is so that they don’t have anything for Q2.

Then they can safely pocket a big profit.
If decision is wrong and oil prices go even higher then continue extending horizon on even higher levels.
Think few would complain about this strategy even if some potential is taken of.

Seems they hedge less and less , just some for survival.
Don’t know why they hired this position for hedging a year ago or so

Sorry, can’t hear you. Maybe because brexit

Work in progress here
2019 debt updated today, before it was 100 mill more
See they removed FCF today, so I assume other figures will be updated over next days/weeks
After March full year report they usually add one more year FC 2022

https://www.marketscreener.com/ENQUEST-PLC-6098532/financials/

Its a count down for Enq rocket to lift

Not sure "slightly" is the correct word given their earlier view that Enq would almost go bankrupt.
This year they cant say that Enq will not be able meet scheduled amortisations.

Sure AB have bit of headroom in all his guidance numbers again.
Just oil improve a bit and a few months more debt reduction (100 mill) and we will see 40p here in spring

Where is GKB this lovely evening?

Hello

Yes, need subscribtion. So thats why I ask if any of the swedish guys here or at Avanza have it and could copy in the text from Börsveckan.