Member Info for Squif

But hopefully when AB releases the prod figures in may this Will give the sp a kick up. I suspect that AB Will be wanting to buy some more Magnus so unless they can offload 20% kraken the cash flow may go to Magnus.

It is almost like zombie trading in enquest. There is no clear direction. When it goes up it almost feels like it is being manipulated by an actor and then it sinks slowly slowly down unless poo drops and then it sinks link a stone. Alma galia is like a wasteland - 1000 boepd. What a joke! No sign-off on kraken. No rns on the auction. No Info to the market. Sp targets that are more of less then sp. How long did it take barclays to dream up the target of 34p. 2bn in loans turned into dust! AB - congrats!!!

When Will the market listen to you DD? Cant understand why they dont!

At the moment i think poo could hit 80 and enquest sp wouldnt budge.

Investing in enquest is like beaten wife syndrome.

Indy - investing in enquest is a religion more than a financial proposition. It is about AB making money and us following the board and Wondering when sign off Will come. This Will come good when AB retires and not before. Enquest is about AB

Sorry guys. I Will chill. Got lost thinking that people wanted to earn money on this stock. It is like Bird watching. It is Gun watching the ships go back and forth.

Tbh i think selling 20% of kraken may be a blessing in disguise. The mountain of debt is holding enquest back. I think if they got 600m we would Rise and 400m flat to a slight fall.

Congrats! Holding the Bond has been a great deal. Holding the shares has been crap

Well certainly some news either way soon. Then production sometime around 24th may. Hope we are at 60k a day despite 2 week downtime in march

Missed that date - thanks spindok. Well that would be good with some news next week. Given poo level now that 400m initialt mentioned would be shambolic and 800m is too much but if jeffries could pull off 600m that would be great and given that enq has invested 2,3 m would more or less recover costs - they got 10% from first oil.

Looked through the transcript from the last meeting. Not a Word or breath spoken about the 20% farmdown. Maybe there has been little or no interest. Seems very strange that AB would not mention that but that is keeping with him keeping that Info for himself.

Have a good weekend dancing Queen! How can i be 2 faced. I am consistent in my comments. As you own have your beer money invested in enq i understand your expectations are low

Nothing mere mortals like you and i can do. It is up to AB. Maybe a rns that kraken is producing 50k a day, someone is interested in buying 20% of kraken. Tbh i dont think AB cares. Pmo up for today.

September 2018 or 19? Given that no one on this board seems to be particuarly interested in making any money I guess it doesn't really matter. AB just wants to earn money when he retires so lets assume it is september in that year

One really shouldn't expect anything of Enquest but given the strength of POO and the old warn argument that POO would drive a material increase in sp - the sp development over the past few weeks has been nothing short of laughable. If this is what 75 Brent brings then it is time for AB to sell not just 20% of Kraken but the whole company and hope that he gets his money back (let alone us poor shareholders). He has turned 2 BN in debt into a pile of dust. The whole point with borrowing and investing 2BN is to turn it into 4 BN!!! Laughable!

Would be interesting to understand if tullow and pmo are equally as unappealing to the institutional shareholders.

What about the others chilts? Duetsche, schroeders and so forth? It is untenable that AB and the employees trust stand for 25% of the shares.

A big concern is the list (or lack thereof) of major shareholders. Back in 2015 9 major shareholders comprising Schroeders, Deutsche Bank, Aberdeen Asset Group, Montanaro and Norges Bank Investment Management controlled about 27% of the shares. They have all disappeared from the list. Amjad controls about 20% of the shares (up from 10%) and the employee trust benefit has 5%. Baillie Gifford is still there but has not changed number of shares and have therefore gone down from 9% to 6%. Obviously this is an opportunity but a damning statement by the major financial actors that they don't believe in AB. It is like Arsenal supporters staying away in droves until the board sacked Arsene Wenger. Here AB won't do the same obviously but he needs to realise that the financial community don't believe in him.

19p