Member Info for Squif

Got investment advice from AB

Krakenoil - there will be no deal. The oil stats are rigged. This is corruption at its absolute finest. Better than the film vice

I cannot for the life IF me understand why we are stuck at 19.5 p. This is unacceptable! Below Ri price!!!

I am not an expert on tanker loading but i cannot for the life of me understand why there is a delay Every time for a tanker load. This just seems to be the story with enquest. Does anyone know with this delay what production levels are? Are we still above 40k a day?

Thanks for the tanker watching Chilts. We need to be patient - the sp will drift down until just before the 25th may so hopefully we will keep our nose above imortant support lines. Crazy to think with Magnus pumping full throttle, kraken obviously doing comfortably above 40k a day and poo above 70 which is what we investors were told that the npv for magnus was 500m usd that we are sitting at these levels. Wish that we had a CEO that was respected by the fund managers :-(

Are we surprised? Has he even cut a lastning deal yet? North Korea deal is looking dead. He is unstable. This deal should have been Done by february!!!

I know that the sp is desperate to get back under 20p again so great work to remain above

This is well and truly tragic. Again, other oilies up and we are down. What can stop the rot. I amused myself by looking at Enquests annual report for 2012. Reserves were at 112, production 23k and was predicted to climb to 40k by 2014. I guess the analysts bought it then and there was no debt and poo was above 100. That is the backdrop against which AB is judged.

Thanks krak. So maybe even by sunday

Aha. Missed that. So gk aborted? How long did the transfer last? This appears to be the story with enquest...

Krakenoil - i am ready. I will come with loaded of rotten eggs. Shame about bum i.

Hi runner - romoron is a paid enquest ramping stooge who will be there. He will be the one showing you to your seat and serving Tea and biscuits

No - that is us manipulation so he can sell as much as he wants. Nevertheless auson i dont think what vasily updates will impact the sp but the figures might look Nicer :-)

Interesting read. I think the conclusion apart from what vasily draws himself is that AB has failed miserably on all counts, when compared with all peers. Time to go! interesting to read about Lundin petroleum. AB should contact their leadership to understand how running a company with shareholder value in focus should be Done.

One literally needs to be masochistic to Carry on. What is going on in ABs head? He has bet the ranch, lost his shirt and carries on. Like the knight in monty Python. Master Rsi - i always wondered. Do we not need to retrace back to 10p and close the gap from Jan 2016? That is still a gap that has never been closed. Maybe that is why barclays have 11p target.

This is a joke!

Good points pelle. Like your inputs. Like chilts, Jan, krakenoil and whiteace i believe you are actual investors and have real emotions about this share. I seriously doubt whether epiphany and romoron are real as they have a matter of fact approach and that does not appear real IF you have skin in the game. Wouldnt surprise me IF they are on enquests books to sit here and ramp the sp. Dont get me wrong - being positive is good but not to the point of being silly.

I have reflected on the impact of the Oz deal. I think that did a lot of damage to the sp because the market was not expecting at all that enquest could not finance their debts from fcf. Hopefully that will not be the case when the h1 report is presented. AB must show that high poo and production is converted to shareholder wealth.

I agree this is excellent and obviously shows the great work and progress by both Enquest and BUMI. I do imagine that the shorters are doing tanker watching as well and will take note. Extremely frustrating that nothing is showing up in the sp so hopefully all extra income is going where it should to paying down debt and shareholders.

IF we keep this up we will have an average h1 production of 75. With Opex around 24, poo averaging 70 and capex of say 200m with the impair invoices and finance of about 10 a barrel we should pay down about 250m.