Member Info for Pelle

What is master Jan’s guess tomorrow?

Romaron, go back to normal will not be possible for long time.
But countries could adapt to something like swedish model.
Governments should also give like 1000 EUR each person to be spend during summer.
Otherwise people will just hold on to their money for long time

My guess is basically zero FCF March April.
April end net debt 1370

L7, that economic package I mentioned is just one part, of course a lot lending and other things all over the place just like all other countries.
Don’t know where all money come from, but government say they been saving in a barn for many years:-)

About lockdown they talked about sustainability, I agree that’s the right thing how we do it.

We will see how the after match goes, Sweden not used to disasters or wars.
Think they will hide unemployment in education and other thing so the bill will be huge after also because everyone basically should be able live normal.

Gone fishing... yes it’s best time now.
Salmon go up in river.
Just let me know when you arrive.

Hello Romaron
Webcast for update and QA would be the interesting parts.
You think QA is like 4pm?

Virus, no its not in the past and guess we need live with it atleast rest of this year.
Stockholm is worst hit and they talking about 20-30% already had it or have it.
Only big mistake is that they should have locked down residential home's much earlier and tighter control on staff so they didnt bring it in.
For me life is quite normal, except that almost all the office work from home.
We have continued do team sport at free time, ofcourse people more careful and and stay home if feel something small.
I would say only place you can see big difference is the very center, less people at restaurants, pubs and shops, guess both due to social distancing and people hold on to money more.
Goverment recomend travel only 1-2h away during summer inside country.
Even if we keept open the economic hit will be very as bad here also.
Luckely goverment introduced short term permission that all company can apply but they not allowed pay dividend at same time.
Basically you work 40-80% time only and goverment/company split the salary bill.
And workers get around 95% salary still.
Without this new rule a lot more people would have been fired.

Thats all:-)

Hello again Romaron,
I see link now:-)
What is the usual agenda and time if it starts 2 pm?
I am not so interested in the formality points.

Hello Romaron,
Have you checked how it will work on AGM?
Link?
Is it free or need register as shareholder before?

Looking forward to lighting Spike next week.
Sold 205k last weeks and did some other trades and got 219k back in last hours.
Every little helps

Buzz of the day

https://twitter.com/Ian_H_Lundin/status/1260632925839777793/photo/1

I heard online oil will for sure go 100 usd next year.
And shareholders here will become millionaires. ( not only AB )
Let’s hope they confirm it at AGM

“US production already decreased by well over 2 mmb/d...one may expect a further decline from 10 to 8 mmb/d over next 2 months.”
—Phillip Verlegger

Nice J2 and E1
Have a nice weekend

https://www.cnbc.com/2020/05/06/egyptian-billionaire-naguib-sawiris-oil-prices-and-airlines.html

Chasing AB now lol.
No I think I was dreaming yday of such top up. Still holding 1 mill+, it’s more then many in Enq management

Not so much mystery, I am still trying to average down through my London broker

https://www.nytimes.com/2020/05/01/business/energy-environment/oil-industry-texas-coronavirus.html

https://www.google.se/amp/s/www.dailymail.co.uk/news/article-8280921/amp/Chinas-Bat-Woman-Shi-Zhengli-denies-trying-defect-confidential-files.html

This news on Swedish media also

Ian H Lundin
@Ian_H_Lundin
·
1 maj
My friend Ben Luckock, co-head of oil trading at Trafigura, one of the world’s biggest independent oil traders, sums it up; “We might still be some distance away from being a healthy market, but we think the peak of the crisis for oil storage has passed.”

Anas Alhajji
@anasalhajji
·
18 apr.
By early 2021, the biggest story in the oil market will NOT be demand recovery nor the return of shut-in wells, it will be the massive decline in US #shale oil and gas production as large decline rates meet declining E&P spending.

Romaron, Jose M been downhill for many years. Can’t understand why anyone wants him.

Borrow and buy will be like make it or break it. Doubt they will do that.

Another Magnus type of deal would be possible.
Enq taken down opex at Magnus from 60 to 15 that’s impressive and both benefits.
Maybe Enq could become operator of another field and start share cashflow and cost 1-2 years later once a lower opex is implemented.