Member Info for Pelle

Hi KO

Ok, makes it easy to count so share should be approx 200p in 3 years from now:-)

Yeah, Now Kraken is an second game changer after Magnus.
Unbelievable this is only 20p
What value could we estimate for a debt free Enq in future?
With EBITDA of around 1 billion usd
Value: 3 billion usd?

Saw this text in swedish forum, numbers looks resonable to me and debt reduction inline with my spreadsheet.

Pareto expects revenues in 2019 of $ 1,575 million given $ 71 / barrel.
In 2020, you estimate $ 1,827 million at $ 78 / barrel.
This gives eps after tax of $ 0.14 for 2019 and $ 0.28 for 2020.
According to Pareto, production is 70 kbobd 2019-2020. Cash Flow $ 0.37 2019 and $ 0.55 2020.
It is also written that the risk for Enq scarves if oil prices fall to $ 60 / barrel. Then the company may have difficulty amortizing, but in a more probable scenario, Pareto sees net debt fall to $ 950 million by 2020, which also gives financial space and also dots AB's debt targets.

https://www.heraldscotland.com/business_hq/17648972.edinburgh-oil-firm-sees-exploration-potential-in-north-sea/

Hi Squif, Good to hear:-) I am on rose and sun is strong so I don’t remember my promise. But be sure I stick to them.

Hi E, Yeah, I seen PMO give debt reduction target before also. And it’s very good idea for Enq do it now also in future. I also think we will fly on Thursday:-) Things are getting better and better and from these low levels 10-30% is nothing

Morning E

Thanks for all information and we have same view of it:-)
I also think the probability of share going down 5-10% is very low.
But can easy go 10+%
Or it will just stay at 20p :-)

Wish you nice weekend
/ Pelle

Hi E,

What is you estimate for debt reduction Jan-April?
I get 50-70 million

Prod Jan-April we estimate to 70-72k

Anything bad news could come?
seems strange now when directors loaded up with shares.

Thinking about make a short deal with father's money, buy early next week and sell in 1-2 weeks.
40k shares, I garantee downside and split potential profit

Squif, after transaction is done.
Just try say possitive or neutral things about AB and Enq for 2 weeks, I promisse its win win for all and most for you.

Squif, transfer holding to other name. Email Enq IR and declare you sold out. It might do us all big favour

Squif near boiling point, AB just waiting for Squif sell out and after that share can rocket.

Hi KO

Can you please explain this

Our EV is £2.82b less our debt and interest cost

Hi Hitman,

I agree its better pay back all debt, lets say once reach 1 billion split it on 5 years.
Still its a lot of money approx 700-800 million/year in future that can be splitted on 4 things then
Debt
Capex
Dividend
Aquisition

That looks good to me for future

Hi Hitman I see net debt go down to below 1 billion end 2020. Please ask AB if they intend to keep that level going forward. And how he intend to spend approx 2,2 billion over 2021-23. Capex Dividend Acquisition Is it approx equally spread? Would be nice to know for future plans

Hi Romaron The group of brokers that trade anonymous in Stockholm have sold 50-100 million shares over last half year. Today net sold 100k so far. These shares have mainly been picked up by private investors like we who use the normal banks. Hopefully trend change next week and share will re-rate fast

I have used Kraken estimate Jan-Feb 23k March 35k April 45k

Hi Londoner, We already know Enq production Jan/Feb 67,7k and improved Kraken production from mid March via tanker watching. Then I get March 76k and April 82k. So jan-April average between 70-73k is my guess.

Hi Romaron, My guess is that these sales over last half year keep the share down. Possibly through anonymous is Stockholm 50-100 million shares. We seen this before and once they instead switch to buying we climb really fast. Anyway, i am only interested in what Enq can achieve financially over next 3-5 years. And that looks really good to me at the moment.

Hi Romaron

Looking at these institution sales its maybe about 100 million shares while buyers are 25 million.
I saw during the last half year anonymous broker in Stockholm keept selling and selling in the region of 50-100 million shares. I posted about it before.
Maybe its this anonymous broker in Stockholm goes in hand with these institutions been selling out?
Is it only US institutions on this morningstar?
I read somewhere before that US buyers dictates our share price a lot up and down if I remember correct.

Normaly you can see each day statist on this page on botton, but its blank now after midnight
https://www.avanza.se/aktier/om-aktien.html/221108/enquest-plc

I also once before taken a free month subscrition of site there you can see broker statistic over time stockholm, and then I saw that this anonymous broker sold so much over last half year.
https://www.brokerstats.se/

I think your better then me digging in this and come with some conclusion

Maybe your right, could explain why share don’t lift also. We saw that with PMO some months ago. If he could make some Magnus type of deal with no cash upfront now it’s fine. To make another RI now or ever would be mad

Your welcome Auson, I am still looking for the link that explains why we still at 20p. January I could understand, but now?