RE: The Boss26 Jan 2022 07:33
I like this part, about valuations and pump SP:-)
Can someone ask the writer make a 10 year revisiting
On a good trading day, EnQuest is worth almost £1-billion. Mr. Bseisu is a great believer in the company – he owns 9.5 per cent of the shares. "It's almost his company," says chairman Mr. Buckee, who professes disappointment that the shares trade at a low multiple by North American standards, where an oil company's cash flow trumps net asset value.
Mr. Bseisu's goal is to turn EnQuest into a global company, pump up the share value, maybe sell the company and live well in his new adopted country – there is no going back to Palestine. "Success is measured by your internal happiness, and I am very happy," he says.