Updates and Ideas

Enquest - Debt being paid down quickly

October 2019

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

I imagine some TMI readers would have been in short trousers or not even born when the world experienced its first oil price shock in 1973 (caused when oil cartel OPEC increased prices five-fold to punish US President Nixon for supporting Israel in the Middle Eastern war). That was followed by a similar surge five years later when the Shah of Iran was deposed, leading to a bungled American hostage crisis that put paid to President Carter’s re-election hopes. The two price spikes in the noughties decade were caused by more “demand” shocks on the back of Chinese growth but the latest surge could be the start of another old fashioned supply squeeze. Capital Economics calculates that the drone attack on the Saudi oil proces ...

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Luceco - Cheap on prospective PE of 10.8

TMI Trader Portfolio - October '19

Enquest (June 2020)

Enquest (May 2020)

Enquest (January 2020)

Enquest (July 2019)

Enquest (May 2019)

Enquest (March 2019)

Enquest (February 2019)

Enquest (November 2018)

Enquest - Forecast to nearly double oil production to 70,000 boepd by FY19 (June 2018)

Enquest - Kraken oil field will transform cash generation (May 2018)

Enquest (November 2017)

Enquest - Giant Kraken field achieves first oil (August 2017)

Enquest (June 2017)

Enquest (April 2017)

Enquest - Â£82m equity fund raising boosts balance sheet (December 2016)

Enquest - 43% growth in production (November 2016)

Enquest - North Sea oil firm eyes strong production growth (June 2016)

Enquest - Shares rally as oil bounces (March 2015)

Enquest - North Sea oil producer to double production to 50,000 bopd by 2018 (August 2014)

EnQuest - Pipeline shut-down a small blip (October 2012)

Enquest (July 2012)

Enquest - North sea oil group eyes doubling in production and reserves (June 2012)

Enquest - Eyes 40,000 bopd in 2014 (March 2012)

Enquest (February 2012)

Enquest (October 2011)

Enquest - Large director share purchases make for the strongest buy signal (June 2011)

Enquest (October 2010)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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