Member Info for Squif

The street leaks like I dunno what

It will be an interesting call today. As I wrote he is one cunning business man. Operationally he is not good but financially he seems to be a street trader. If you have a positive view of POO which generally seems to be the view then at 15% of 30k on average (assuming decline over 5 years) gives 8,2 mm barrels. Nevertheless, once it is paid off it is paid off so not necessarily all proceeds will go to Oz. The mind boggels. Then the rights issue of 21p but a theoretical ex price of 33p. It feels somewhat like the PMO transaction which was over time well received. 500m new barrels is a good outcome.

With enquest it is always complex transactions. I dont trust amjad one bit however this could be positively interpreted by the market - WHO knows? 15% of kraken over 5 years for 175 m will help pay down the debt and at a lower cost. We has hoped for 400m plus for 25% in a perpetual deal so i cant work out IF this is good or bad. More assets is of course good. This could go either way.

I guess everything is relative. A 10% drop would be positive in the whole scheme of things. Then i think AB would have Done a job that he could be Proud of :-)

Hope you have lots of rose in the fridge mo! Yeah - i dream of ftse250 as well but hope it is not the rosé talking!

Brave man monsterala! Yeah - AB has destroyed many a shareholder over the years. Some people like mo and chilts have tirelessly tracked the boats like fortune tellers reading Tea leaves in the hope that it would reveal some nugget but all the while AB has laughed and scoughed at us poor shareholders before delivering the killer blow in the guise of a ”positive” report time and time again. Amazing hos he does it - he is a genius! Down 20% tomorrow i hazard a guess? Lets see how merciful he is towards the peasants. Eat bread Said Marie antoinette. I think AB says something similar :-(

Hi auson No i know that for some strange reason AB doesnt care about the sp but most shareholders do.

I think that AB realised that labour day would force stats to be released today and not on wednesday and that is why he Moved results to tomorrow instead. IF that is because they are good and he Wants to separate them we Will soon find out. He is one Cunning individiual :-).

I hope so. IF it does that should provide some measure of strength for shareholders. It really is quite ridiculous that AB fails to understand that it is not just the banks and Bond holders nests he should be feathering. This has become nothing more Than a trading share. AB the great industrialist :-)

Lol! Whats a bloodbath - 30%?

Looking likely that AB will not disappoint. Markets have probably got wind of the results already and AB Will clobber the poor shareholders again. Groundhog day!

L3 dont worry about krakhead. He gets angry with people if they don't agree with him. I also agree that Moodys are about as trustworthy as Trump. Regardless I think it is a mute point. Enquest has been able to get waivers in the past but it would look even more dire were they not able to make the payment and the sp would probably head for 20p and a further smash to the shareholders.

Hi Epip,
Hes going on Haj - what is Haj? Is he high on something you think? Not surprising :-). So you think he is there just to spite me and other disappointed shareholders. Probably right. Anyway, I think he is making money in other ways on Enquest but not through the shares. He has too much self belief to step aside I know. Hopefully the analysts can hold up a mirror to him on friday.

Its all happy jokes for you epip. You obviously sold out in time so i can only congratulate you. The rest are going down with the ship

Hi super dooper. I dont hate AB i just see that his time is up. He is not able to lift the company and i Agree that external factors have played a role but at the end of the day he has made all the decisions that has left the company and the sp in the ditch even with poo at 78!

Hi fernan. So in Your calculations enquest Will not be able to meet the debt payment and need a waiver from the banks?

Doll - enquest is down 7%. What buying are you referring to?

Too true! In my opinion this is ab last chance. IF he doesnt deliver a good report he should step aside. He must put shareholders interests in the forefront. Seeing the sp collapse from over 1 pound to 30p is enough!

Ditto krakhead

Jan - that was my point. Being sarcastic when you said you were hoping for a great friday. Lets be realistic. All reports the last 4 years have been huge disappointments. We are all fooled Every time the bots drive up the price and then dump the sp. That is the real question for enquests IR dept. WHO is feeding the bots?