Member Info for Pelle

I checked Lunding Gold, looks like Enq is around half price in terms of multiples.
They will also clear the debt in next years.
It does look attrative but I will stay here fully another 1-2 years

https://www.marketscreener.com/quote/stock/LUNDIN-GOLD-INC-1410059/financials/

Jan, wake up! your Bollinger is floating away:-)

Good morning Modestus,
hmm, so he already been wrong once? lol.Joking
Bit silly talk about timing 1650 vs 1700 now if it should go to 15k. In my opinion.
You have gold yourself?
And if this would happen, should oil follow to several hundred then?

Does anyone think 15k gold is realistic?
Should oil go to 500 then also?

Chilting, what’s your view now from here?

Agree Jan, it’s important.
But you realise it’s average full year counting.
Not only hitting the price one day:-)

Yes Hitman, agree about Enq.

But Sir Jan seems to be happy staying at 67 full year:-)

Think we didn’t get any analysts update yet because just when they finished counting oil moved another 5 usd and they need rework all numbers again. Lol

Hitman, I see now I sold the Tesla mini S at 30 and now it’s 40. But think I made more on Enq.

Hello Hitman,
No, I closed it after 1-2 days with small loss and bought more mini Enq with 2-3 leverage.
But I looked Tesla again this evening, you think the downward path is clearer now?

2m usd/day FCF = approx 10% per month vs marketcap.
Remember we were happy about 1m/day 1-2 years ago.

Hold the line!

Hello Romaron, think this year we could see more of bigger fish eat little fish.
Just like Enq bought a field to maintain production.

Enq have low multiples and the 3b tax cuts.
If we now say a fair value could be 60p.
Then another oil company need to offer 80p+ for AB to even consider.
And I think another company could calculate home a deal at such prices easy.
To me it doesn’t look completely unlikely this could happen.

GKB, why so bad mood today?

It was just a Swedish saying.. referring to oil prices in this case

Hello E,
Comparison with Viking Ships was just that companies can be completely wrongly valued.
But it can also correct itself in very short term if something appears

Hello E,

Yeah, just because it went up 80% it doesnt mean its time jump of the boat.
This is still very very cheap 1b EBITDA even with 60p SP. EV/EBITDA still below 3.

I remember one forgotten company in Sweden, had 3 Ice breakers.
SP was hower around 20 SEK for many years.
They sold one of the 3 ships of multiples of the company value and SP went to 200 SEK in days.

Then they made a dividend of 116 SEK

https://www.avanza.se/aktier/om-aktien.html/5352/viking-supply-ships-b

Can imagine a few others take a look on Enq now. 600m FCF and dirt cheap still!

Maybe I was pessimstic with my 68 oil March and 85 full year:-)

Dont remember exactly all my promisses but if you say so.
If Enq continue perform, we can do some celebration in summer for those who interested among the frequent posters here

It’s through 2,50:-)

700k shares at sell side 2,50 Sweden.
Hope we can break it or it’s removed.
Then can go fast