Trinity Exploration & Pr... Share Discussion Threads

[bullet ant] 20/4/2017 17:07

Personally I think sub 10p is coming fast and furious with a massive stampede.

Too much ramping by the many known scammsters here.



Most have traded and dumped the shares on the mugs.

while they busy saying 25p at 16p their fingers were on the sell button as shown above.

[bullet ant] 20/4/2017 17:05

Hi MAFIA



I remember well,you stated


AimMafia6 Feb '17 - 11:25 - 210 of 1649 1 0
It's a hard one to trade. Because the swings are so small. However the first profit is the best profit. Fair play. Profit is profit, however i won't be selling for a longggggg time


AimMafia6 Feb '17 - 12:07 - 220 of 1649 1 0
Well you obviously don't under stand the share then ultra..... this will never revisit 10p. Ever.






AimMafia - 01 Mar 2017 - 16:05:10 - 1036 of 1650 Trinity Exploration & Production PLC - TRIN
Today's rise hasn't even got my juices flowing yet. When we are at 25p then I will start getting excited



AimMafia - 23 Mar 2017 - 13:10:32 - 1400 of 1650 Trinity Exploration & Production PLC - TRIN
It's already broken the down trend. This will hit 25p minimum by April production rns! It's going to be a beast.


AimMafia - 31 Mar 2017 - 17:01:49 - 1495 of 1650 Trinity Exploration & Production PLC - TRIN
No mark. It's just undervalued. Should be 25p plus



then








AimMafia - 05 Apr 2017 - 13:18:23 - 1563 of 1728 URU Metals - Uranium & Nickel exploration in Africa - URU
I've been in trin from 7p. Sold at 16, back in at 14p. Worth a look.

[dark energy] 20/4/2017 16:51

Dollar rising

The headchoppers scumbags are flooding US market with cheap crude.

NYMEX going to tank.


Does anyone think Russia and others are abiding by the OPEC consensus of cutting production, NO?

[dark energy] 20/4/2017 16:38

Should retest 9p.

Liquidation ,itchy fingers. Stock markets has risen for 6-7 years.

A correction is due.

Dear Leader KIm causing chaos, political instability, UK election .............

US has not been in a recession for 9 years.

For last 60-70 years, US been in recession on average every 8 years. Most probably they are already in recession, but as it's a big economy it takes about 6-7 months to know.

[che7win] 20/4/2017 12:19

A lot of buyers today, bounced from this level a couple of times now.

[brando69] 20/4/2017 10:49

sellers in control still

[aimmafia] 20/4/2017 09:59

Hurry up update zzzzz

[760il] 19/4/2017 22:44

If you want to understand correlation between crude and dollar, it's best to compare dollar index vs NYMEX.


There's a strong inverse correlation between the two.

Dollar index is essentially dollar vs a basket of currencies. serious commodities players uses dollar index spot to trade some serious algos computing.


DXY VS Nymex

[whiskeyinthejar] 19/4/2017 22:06

Chinese oil imports up 11% (year on year), Chinese production down 8% as aging fields rapidly decline.



Edit: sorry its up rather more than 11% since last year, it's actually up 11% in one month (although that gain is probably been exaggerated by stockpiling).

[whiskeyinthejar] 19/4/2017 21:53

Wti has only just fallen back to where it was at beginning of April. Indeed wti is currently a few cents higher than what it was April 3rd.

Traders gonna trade, but I haven't been seeing much correlation between Trin and oil price.

This might be because a lot of the movements in oil are just noise and wti is stuck in a range.

But more importantly I think there's a limited extent to which Trin is affected by a dollar or so either way in wti thanks to Trinidad tax system.

IMO it's companies like PMO and ENQ who are highly levered to poo that have share prices vulnerable to poo.

I also note that fall today is due to US inventory disappointment, but opec exports to USA have just hit an all time high.

Opec seem therefore to be focused on continuing to push oil into US (probably discounted) and actually what market should be focused on is global inventory data but it only comes monthly.

It's expected that US production will continue to ramp up. However, as long as demand grows and production elsewhere (Venezuela, China etc) continues to decline then that should more than offset increases in US production.

May 25th is opec/non opec day and for political reasons Saudi Arabia needs ipo of Aramco to be a success so it needs good oil prices. There's nothing to be gained by backing down now, most oilies are hedged, so imo they'll only spite their own oily faces if they don't continue the cuts and keep poo in the $50s.

[dark energy] 19/4/2017 21:25

You are assuming TRIN is directly correlated with Nymex.

Don't forget Aim Shares do trade at a big discount to NAV, blah blah.

People do not realise WTI will not go back to previous highs, as once it passes $60, shales production will go in overdrive.




AimMafia19 Apr '17 - 20:42 - 1633 of 1634 0 0
Remember we are only trading at 6% discount to WTI - so we are making bundles per day :)

[the big fella] 19/4/2017 20:49

Indeed but unfortunately oil stocks will all come under pressure tomorrow

[aimmafia] 19/4/2017 20:42

Remember we are only trading at 6% discount to WTI - so we are making bundles per day :)

[the big fella] 19/4/2017 19:02

I do not have a crystal ball unfortunately! WTI fall will not help matters. It would be good to have confirmation of production and hedging strategy.
We are still cheap compared with peers and the valuation case speaks for itself. We need POO to behave

[ffp] 19/4/2017 18:33

Tomorrow I reckon eh TBF?

[aimmafia] 19/4/2017 15:38

Seller not in control. It's 1v1 - it's where it is because the market has no idea what is going on behind the scenes.Once update is out which should of been last week then we will see next leg up.We just need a bit of reassurance from the company that1). Nothing has changed financially succesful the restructure 2). We are still producing 2500 barrels of oil per day and are still extremely profitable on a month by month basis.This positive update should be a given -We are cash generative with high profit and low over heads.This will boom soon. Any day now.

[brando69] 19/4/2017 15:10

like i said seller in control. it's these chunky sell trades lurking in background that are pegging it back for now. not complaining, just observing. patience required.

[aimmafia] 19/4/2017 14:42

The movement on share price is flat almost now for the last few sessions but we are still in an upward trend and only 5p off years high.Just hold and be rewarded. This is still only the start of the rerate.