Trinity Exploration & Pr... Share Discussion Threads

[ny boy] 10/10/2017 16:44

Jennings...increased his holding again!

[the big fella] 10/10/2017 16:40

Indeed. I really don't mind if we consolidate for a while around these levels. Never been a real fan of boom and bust (although the boom cycle is perfectly palatable!) With this rise my holding here is worth significantly more than any other holding in my portfolios.

[wingspan] 10/10/2017 16:32

Big fella, how quickly we re-calibrate!

If I had told you over the summer (while the 8p brigade were scaring as many of us out of shares as they could) that we would have printed north of 20p and then closed mid 18's in an October trading day, would you have found that proposition disappointing?

[mark10101] 10/10/2017 16:29

Soupdragon, yes a nightmare to read, not sure how they could be completed on the 2nd but only reach the threshold for notification today. Well he has added, that can only be interpreted as good news.

[whiskeyinthejar] 10/10/2017 16:24

wingspan- I think CERP is a punt on waterflooding. That's probably why they did the placing now rather than when the results of waterflooding are really known.

[the big fella] 10/10/2017 16:23

Interesting to see where we go tomorrow. One hopes upwards. Seeing it break 20p this morning only to end up back here is a little disappointing. But as always a little patience can lead to handsome rewards.

[soupdragon55] 10/10/2017 16:14

They are a nightmare to read are those forms.

I was going by the bit that says

Date of completion 02/10/2017

[mark10101] 10/10/2017 16:13

Yes the threshold was crossed today though, but all added since he last had to notify on the 2nd. I suspect a reasonable amount bought in the last few days as the volume has been better to complete an order of that size.

[wingspan] 10/10/2017 16:12

Not splitting hairs soup...but RNS our on day the threshold carried over...Completed today...started acquiring 3—> 4 % between 2nd Oct and today.

[wingspan] 10/10/2017 16:07

It wasn't just today Mark...it was since the 2nd Oct...

Can someone explain the comparison points between CERP and TRIN for me?

BOPD, breakevens, resources, mkt cap (below), Earnings etc...

CERP worth 90 mln pounds(?)
TRIN worth 50 mln Pounds

Thanks...

[phowdo] 10/10/2017 16:06

No notified decreased holdings yet though...

Crude back to Fridays highs. WTI doesnt want to stay below $50

[soupdragon55] 10/10/2017 16:05

Jenners completed those buys to increase his holding on the 2nd October not today.

[spellbrook] 10/10/2017 16:04

nice top up

[mark10101] 10/10/2017 16:03

Another 1% added by our new big holder. Seems he is happy to take shares from stale holders. Today has been a gift for the buyer.

[makingmillions] 10/10/2017 15:53

Agreed. Even worried myself when I mentioned. Usually the kiss of death. Lol

[mark10101] 10/10/2017 15:53

Yes I don’t mind shares being mentioned for comparable research but out an out plugs just get ignored.

[whiskeyinthejar] 10/10/2017 15:44

I think people are wary of a share ramped on another thread. Makes me less inclined to research. I notice the FRR ramp by 'bullet ant' has been deleted. LOL. Obviously he's embarrassed that his pump failed as the share price has tanked since he posted.

[mark10101] 10/10/2017 15:09

CERP closing the gap on TRIN only £10m MCAP difference, bonkers.

[makingmillions] 10/10/2017 14:42

DKL which covers a different type of oil looks like it's due for a similar rerating after what seem to be excellent results. I have held for a while. Am continuing to hold here and have not sold any as much more to come.Sorry for ot but it seems to be the done thing now. Dyor.

[mark10101] 10/10/2017 12:49

Yes looking pretty promising re oil, hopefully it now becomes a tale wind rather than the headwind we have had up until now

[che7win] 10/10/2017 12:22

Oil prices are stable so far today, with OPEC pointing to a rebalancing market even as the U.S. looked forward to getting production back on track following Hurricane Nate. "There is clear evidence that the market is rebalancing," OPEC's secretary general Mohammad Barkindo says. "The process of global destocking continues, both onshore and offshore, with positive developments in recent months showing not only a quickening of the process but a massive drainage of oil tanks across all regions. OPEC and other producers are looking to create an extension of their deal to cut production ahead of the official November meeting of the cartel; the cuts currently are set to expire in March

[lw425] 10/10/2017 11:54

35p+ all day long. Ticks all the right boxes.

[mark10101] 10/10/2017 11:34

Oil looking perkier. Maybe this run will break beyond $52. Was just offered 19p for a good chunck of my holding when I did a dummy sell. Looks like a few LTH are following through which is fair enough, given how it is holding up I would hope that we have a more interesting afternoon.

[husted] 10/10/2017 10:37

The share price is only just back to where it was in March.

But Trinity production and cashflow will rise every month now.

Rising production, rising sentiment, rising share price.