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Just relax krakenoil. We are on the road to nowhere

L3 - i wouldnt spend a second thinking about anything e121 writes - he gets emotional IF you write anything that doesnt sound vaguely optimistic.

Hi pelle - understand but sadly i dont think it is just Numbers. IF that was the case then we should have a more sensible P-E valuation than 2 Times earnings. In my opinion there is something else weighing heavily down the valuation. Hopefully there is not hidden dirty laundry

I guess the americans have smoothed over the market. I suspect that the CIA was involved in order to throw some MUF at the iranians but now the markets need to please the twitter twit

God only knows what the real Numbers are but one can be sure that AB will have an entertaining story. This year is really make or break for AB in many ways than one. Great that kraken seems to be hitting 45k a day so hats off for that work but there is only one thing that counts and that is the financials and debt reduction. He has to surprise to the upside. He can buy all the ffing shares in the world but that will not help one iota and will probably have the reverse effect on the sp. I know he hasnt directly targeted debt reduction but i agree with pelle that we need to hit at the very least 1.5 bn usd to have any chance for the sp to Rise. Heres hoping

Beerbull - that was exactly what happened between us and Japan ahead of them entering ww2. The world is generally fed up with what Trump is doing and there will be a reaction

Whats your prediction for year end pelle? Is 1.5 bn achievable? Net debt

Whats your Theory beerbull?Havent the us Done enough damage?

Just checked the sp now as compared with last time poo was at 58.8 in late november. We are 10% lower despite kraken being at 45k, having hedged at 66 and having paid off 50m and generated fcf over 6 months. Lol

Pelle - that would be flushing money down the toilet. We r farked

Is it possible to meaningfully duschen direction in how the sp is trading. Just seems to go down and down then up then down then sideways...

Tanker tango today? Hook-up tomorrow? We are spending towards 15p. Bring it on!

Thanks pelle. I think those analyses are not worth more than a sheet IF toilet paper - you search for enquest on the internet and you find 5000 of those. Interestingly thought the ic target of 20p has definitely put a lid on the enquest sp. I think that AB will need to do more than initiating his own share buyback scheme. We are stuck in quicksand

This is a joke

I think 19p - a nice round and obnoxiius number

This is a ffing joke. Wish i knew the hedge play but we are obviously the losers

Bring on 10p! I think we need a proper share dump. No one is interested at these prices apart from AB.

What is going on here? AB is now buying shares Every week and still the sp is dead. I think like QE it has lost its impact. Would be good IF faysal could buy some shares - symbolic like buying 1 singel share :-). Some faith

Agreed ko and pelle - one just has to swallow it but hope the rerate comes soon. It would be great IF net debt enda the year at 1.5 bn

Something has got to give. IF kraken is producing at 45k and enquest is generating cash with brent above 50 then net debt should be going down nicely at these levelUnder these circumstances what is the difference between pmo with pe of 7 and enquest of 2.5. The financial construct of course make a difference but otherwise? What is the market telning enquest?