Member Info for Squif

Krakenoil - in my dreams you are right. Markets soon open. Lets go to work!

We know what the sp should do. Here’s hoping

Hard as oak

Trumps word is a hard as Pak so i am sure that Opec will trust him this time.

I am reading that it is us saying no to extension of waivers that is driving this. Is this the case

Interesting chilts. Thanks for sharing. Doesnt explain though why enquest is only up 15% on its lows whereas others have doubled...

Pelle - AB will not give operational control of the company to anyone else. He will milk this dry. I think that the market wants to see real debt reduction and not just shifting of money between non-current and current liabilities. But we should get some good debt reduction this half. IF not then it looks grim.

Yeah - i have absolutely no. Lie what is to happen with the sp. I just decided that AB is probably not a half wit so IF he has forked out for 3 million shares something must be afoot.

What should we calculate pelle? 2-3 weeks for Magnus? What is your short term price target? Should we not see 25p within the next 2 weeks?

Agree pelle. Certain days we must have had a production over 80k

IF one put pmo and enquest side by side. Pmo in 2018 had revenue of 1.397 musd profit after tax of 133.4 kusd. It had assets of 5.614 musd and liabilities of 4.588 musd . They have a Mcap of 833.7 mgbp. Enquest had revenue of 1.298 musd profit after tax of 127.3 kusd. It had assets of 5.662 musd and liabilities of 4.678 musd. They have a Mcap of 362 mgbp. Nevertheless, pmo improved its shareholder equity by 410 musd whereas enquest only improved by 223 musd including 135 musd from us shareholders. IF we remove that then equity only improved by 88musd. I guess that strengthens l3 analysis of the fiddling of the numbers. I guess then although net debt improved by 220 musd then most of that improvement was shifting of debt from 2018 to 2019. I think analysts are looking to find a significant conversion of higher production and brent to real debt reduction...

Agree krakenoil. The analists are not worth listening to at all.

The fact that we are at 21p is crazy but that barclays has a price target of 11p is unbelievable. What the hell is going on? Who is gaining in this scenario?

That is fantastic! Picking up on the end of the thread but i understand that tanker 35 is imminent. Correct?

Good back of the napkin calcs Jan!

Agreed Jan. I think that too and IF poo averages over 70 we could well see net debt below 1,5bn but that is a conservative number.

I talked to Victoria McCullough at rbc. She admitted that she had no clue and now had a target price of 60p as she wants to go to the 60p party as well

Well i have to now. 1.24 million shares now. Put jock the sock with his 5000 shares and faysal to shame

Krakenoil - IF this jumps 100% you can take her to benidorm

Haha whitey. I am in too deep to lie. Heres hoping.