Member Info for Squif

Something wrong! Ongoing repairs. Just knew it given that the sp is dead!

Didnt AB say that kraken signoff was imminent in may? Must be well and truly signed off by now!

I think that even with Brent around 70 we should still have a very good sp were enquest being properly run. Gkp up 4% today. Obviously we are were we are because of bad decisions Made by AB. He has to dig us out of the hole he has put us in. It would be interesting to think what the sp would be like had he Made better investment decisions. Every decision to invest in a Lemon like Alma and scolty is a decision to not invest in better bets. Someone wrote that had AB hung onto the 4 bn he burned on Alma and kraken he could have bought maersks oil assets producing 100k barrels a day. Cest la vie!

After that article re us production i an starting to believe that it is all fantasy. We already know that the api Numbers are a pile of shite.

Phew. I thought when you wrote that mo you were referring to enquest. Could still be though ;-). I was hoping that by now we would have gone up in anticipation of a good guidance in september. Looking at all the other oilies they are well priced and enquest priced to just scrape by. I fear that if we are still stuck at these levels after the report then we Will not lift ahead of a coming stock market correction.

No - i have no retail Bonds. They have Done well of late.

The script is to keep the sp at ridiculously stupid low P-E multiples until the health of enquest is proven beyond disbelief. Hopefully this Will occur at the latest by 6th september

Unfortunately none of the broker upgrades, Bond payouts, tanker visits have had the slightest impact on the sp.

the term has been used quite a few Times when we have rushed up in morning trade and then collapsed as the shorters regain control. I think the term repairer spike now needs to be avoided as it has now been used on days when the sp gains have been punctured like a tyre running over a spike.

It feels like the underlying production is extremely strong. Thanks mo and chilts for your reporting. Keen to see what Alma is producing but if we are at 43k from kraken then we are anywhere between 65 and 70k at the moment. Hopefully a target revision is in the offing.

It is certainly positive that we are moving North this far ahead of the h1 results.

Thanks mo. If we are lucky it could be averaging somewhere between 5k and 10k a day which should indicate that enquest is currently over 60k a day with more from Malaysia and an upside to kraken

Mo and or chilts - any Idea how big that Alma load was?

Great updates as always mo. You more than make up for the crap IR from enquest and AB.

It is almost poetic that the hook-up today got called off. Nothing goes Enquest's way even when the fault lies elsewhere. It is like a bad comedy. Interesting looking at the technicals for Enquest the MA5 and MA200 are now within 8% of one another.. The hedge funds have squeezed this share so tight so it is not going anywhere. Imagine that for close to 200 days we have now been oscillating around 33-35 band.

Fantastic news everyone. Lets hope that all this waiting and ****** watching has paid off! It would be great to get a feeling from you mo or chilts as to what enquest might be producing right now with kraken at this level plus Alma and Malaysia producing more

Am shocked to see the outburst from dd but not surprised. It is like wandering in the desert looking for water investing in enquest. Its shite but what can you do? I agree that the smiling cheshire cat is squeezing bumi financially and i dont blame him. Hopefully Alma is pumping. What are the stats mo and chilts? The h1 results could be quite honestly anything. No Clues ahead of time.

Good advice. Thanks romaron. I guess we Will have to disagree on AB but that is ok. I respect your insights anyway

And those naked ladies are indeed the ones responsible for enquests plight and not AB :-).

Hi romaron. Insightful as always. Btw what did you mean with your ex moodys comment. It does honestly not feel like we are heading anywhere. All other oilies are up significantly apart from enquest. Regardless of what is delivered in h1 AB is not a good CEO. If this was any other company apart from one where he is majority owner he would be sacked. The mistakes and operational failures have contributed to the lack of trading in the stock.