Trinity Exploration & Pr... Share Discussion Threads

[mark10101] 28/9/2017 15:05

I think a few weeks from now will be a good time for a brokers note to hit, looks like strength is still with the recent rise and would be nice to be in the 15’s when the BN hits.

[wingspan] 28/9/2017 13:41

Note due in next few weeks (we were told at the meeting) - not days...just to be clear

[squiresquire] 28/9/2017 11:29

Price looking very strong, hardly surprising but with a decent brokers note in the next few days we should also get further comment from Malcy after the note.

[spellbrook] 28/9/2017 10:15

oil price heading north...

[woodpeckers] 27/9/2017 17:13

Hoping we'll hear more about the O&G reforms in the budget on Monday.

[the big fella] 27/9/2017 16:17

Either way there has been a bit of profit taking today. There will always be some happy to bag 10%.

[whiskeyinthejar] 27/9/2017 15:37

Well its misleading then isn't it. All the system does is look at whether a trade appears above or below the mid price. So the market makers can make it look as though there's lots of sells by moving the spread.

[mark10101] 27/9/2017 15:25

Only as they are reported, I suspect it is not the true picture give the current spread and the reported prices.

[whiskeyinthejar] 27/9/2017 15:20

How are you determining which are the sells and which are the buys?

[mark10101] 27/9/2017 14:48

8 sells to 1 buy, seem to be holding up well.

[mark10101] 27/9/2017 09:09

Looks like strength building this morning.

[mark10101] 27/9/2017 08:31

Let’s not cover old ground. I wonder if we will get the new brokers note today or somtime this week?

[bones] 27/9/2017 00:06

FFP, specific reasons?

[ffp] 26/9/2017 23:19

Bones26 Sep '17 - 21:56 - 3808 of 3812 0 0
FFP, wasn't it the purchase of Bayfield Energy in 2013 (?) that did for TRIN, the usual story of loading up with debt to pay top prices and then oil collapsed the following year.

Can you blame one man for the industrywide calamity that was the oil price break of 2014?

My take on things, absolutely yes...

[ffp] 26/9/2017 22:15

No witch hunt from me, just an observation...

[shrewdmole] 26/9/2017 22:11

He will love heaven and earth to prove himself and has skin in the game so why the witch hunt.

[bones] 26/9/2017 21:56

FFP, wasn't it the purchase of Bayfield Energy in 2013 (?) that did for TRIN, the usual story of loading up with debt to pay top prices and then oil collapsed the following year.Can you blame one man for the industrywide calamity that was the oil price break of 2014?

[ffp] 26/9/2017 21:21

Should Trin join the full market and if so when? Oh and I suppose why?

[wwick] 26/9/2017 21:14

In the short term we expect a second broker rating and a further quarterly update (November). I would not want to be out of TRIN over the next couple of months.

[mark10101] 26/9/2017 21:11

FFP I think about it a lot. David Segel certainly gains my praise as a long term shareholder.

[ffp] 26/9/2017 20:32

As I read Bruce formed Trin. If that is the case and he is now pulling it's socks up, why did he let it hit rock bottom before he did that?

We are all singing his praises, should we perhaps ask the question as to how he allowed it to get into that precarious position?

Just a thought.

[swampydrill] 26/9/2017 19:49

These use to be Venture's assets in Trinidad.

[spellbrook] 26/9/2017 17:52

North Sea veteran leads Trinidad firm back into profit


He started Trinity after running Aberdeen-based Venture Production, which Centrica bought for £1.3 billion in 2009.