Member Info for Pelle

Hi Hitman,
I just doubt anyone would sell at 30-40p now if you have hold through the last years and finally it looks like great. Unless they really have to sell out for some reason.
I would certainly not sell at that level based on FCF outlook

Hi Hitman,
This Terp, correct me if I am wrong but it didn’t include the added 500 mill value Magnus added?
Its just price before RI converted to new number of shares.
And 2019 was the heavy year with capex and scheduled amortisations that is behind us now.

Why would they even sell at terp?

Agree Squif, for example Lundin have high valuation after just started Svedrup field with 40 years production.
I would prefer Enq with a lot FCF in next years and a low valuation

Hitman

If you refer to Aug 2018 I get breakeven FCF approx 58 usd and 2020 I get approx 36 usd.
So its around 20 usd difference.
Everything under 40p now is a joke with oil at these levels

Virtu finance sold 2,3 mill shares yday at Stockholm

https://www.avanza.se/aktier/om-aktien.html/221108/enquest-plc

A lot discussing on Tethys forum during last week about how cheap Enq is.
The info is spreading now.
SP will re-rate fast now over next 3 months with operation update Jan/Feb and full year results end March

https://www.avanza.se/placera/forum/forum/enquest.html#6493910

https://www.avanza.se/placera/forum/forum/tethys-oil.html#6962735

Myra means ant

Many new ant’s will follow this now

Nice Hitman, GKB’s eyes will pop out:-)

Disco,
The link is here and 80 likes now compared to around 50 yday.
I think swedish private investors likes oil shares, many have had good profits with for example Lundin.
Once AB mention a more concrete plan of when dividends can start I think ppl will be all over the place here buying it up

https://twitter.com/tradingmyran/status/1209980453182201857?s=21

Neil, your just making a fool of yourself trying to convince ppl Enq went from dust to gold in 1 month and you changed view.

Manunited, No way selling anything in couple next couple of years.
Compared to TLW , Enq will do around 4 times more FCF and that for half enterprice value.

Right ZFG:-)
But almost same thing when it comes Enq at 2 SEK+

Some say Virtu finance Ireland short the stock last month 5 mill shares and soon need buyback.
But they selling 200k more so far today

https://trader.di.se/index.php/quote/maklarstat/24355

This mcap is unbelievable cheap in this time when everything else is expensive due to low interest rates.
150% FCF yield in 2020 says it all!

Swedes will lift this SP!

IK is close now and probably hook up in 30 min

Thanks HMH
Wish you too.

What do mean put a 20-4O mill bid under SP?
Buybacks?

God Jul HMH

In my opinion its bad written sentence from IR and each person can draw different conclusions.
I like your "wink wink" :-) Say no more:-)

Just keep on pile up those tankers at Kraken and this will come out good next year

Hi Squif

Maybe should send back email to Ian and ask whats going on?

And SP is a mystery, people say should not look daily but this been going on 9 months.
Just 10 usd oil price increase now last 2 months equal 250 mill more on yearly level.
In my mind mcap should react almost some multiple 1-3 of it.
Kraken increases net maybe 10-15k equal another 250 mill per year to Enq.

Wish you nice xmas
we continue after

I think IR mail doesnt make sense and they should not pass out such information if it now really come from them.
Is it some internal worst case senario numbers he uses 2020 debt reduction guidance?
Production, we can discuss forever but I doubt it will be below 70k next year.
working capital, seems strange we had 50 mill negative in 2019 so should it be even more 2020?
Capex phasing, seems strange, we had this year 150 mill capex + 125 mill phasing and might end up bit lower at 250 mill.
More then 250 mill capex including phasing in 2020 doesnt make sense.

Its all very strange to me this IR department and send out such information to individual shareholder or anyone else if now analysts been informed more then us earlier.

Wish you all nice xmas