Trinity Exploration & Pr... Share Discussion Threads

[woodpeckers] 19/10/2017 14:17

daveas, I think your cat sat on your keyboard...

[daveas] 19/10/2017 13:06

X khakis day TvqEzcx

[mark10101] 19/10/2017 12:45

Yes now we are above 20p 20p should offer some good support even if we don’t motor onto 30p as I think we will.

[ny boy] 19/10/2017 12:38

Looking good, plenty of buying st higher prices now

[spellbrook] 19/10/2017 12:37

Let’s burst into the 20’s

[marvelman] 19/10/2017 09:18

Thanks for the heads up on L2 NYB...

[ny boy] 19/10/2017 08:56

Level 2 strong, plenty of decent buying @20p this morning

[mark10101] 19/10/2017 08:54

Yes this is looking more like it, come on TRIN nearly there.

[spellbrook] 19/10/2017 08:47

Another look at 20p

[shrewdmole] 18/10/2017 14:02

Deep

It's all mind games.

They've tried dropping it and opening the spread which is a clear signal of trying to put off buyers.

S

[woodpeckers] 18/10/2017 13:27

Typical pattern of testing a psychologically important landmark as far as share price is concerned. Once it gets firmly through 20p it will motor. There will be buyers waiting to purchase who won't buy now (stupid methinks!)

All we need is for those in the backseat to lean forward or if possible reach in to their pockets, find some spare brass and buy a few more to help it up the hill.

[swampydrill] 18/10/2017 13:24

A lot of people who bought at 10p, won't be buying at 20p, people buying at 20p will be saying this has gone up 100% in a few weeks, can't go on forever without strong new news. If we can consoidate around here then could look good for another step up with more good news

[mark10101] 18/10/2017 13:16

Yes this looks more like buying pressure than selling. Not many were spooked this morning on the drop so now they sending it the other way. Could breach 20p today, so close. The chartist will confirm but I think the fact we have tested 20p several time will increase its strength as a new resistance level when we head above.

[mawc] 18/10/2017 12:55

I assume the 5 transactions at 11:35:27 are a single buy split up as they add up to exactly 200k. A nice £40k buy shows a bit of confidence.

[marvelman] 18/10/2017 11:47

Fear of a retrace one would assume Mark but the last retrace was only circa 10% and the chart looks strong.

[mark10101] 18/10/2017 11:13

Oil still pushing on, seems to be very little interest in selling at this level despite the rise. Quite why anyone would sell with the chart poised like it is and news to come I do not know.

[marvelman] 18/10/2017 10:35

Perhaps if TRIN management would reduce output from 2500 bopd to 500 bopd, re-negotiated the bonds to give bondholders a better deal and arranged a few funding issuances at a reduced share price then we might be doing as well as CERP...just a thought management as it does seem to do the trick.

[marvelman] 18/10/2017 08:57

A bit of a profit and they can't help themselves.Trying to trade this now is futile.

[mark10101] 17/10/2017 20:09

Nice reversal in oil tonight, may give the push into the 20’s we need.

[mark10101] 17/10/2017 18:27

I think it will be less liner as far more work is going on this qrt compaired to the last. However this is a safe guide for progression.

[wwick] 17/10/2017 17:41

ENJOY!....

[mark10101] 17/10/2017 13:28

Inch by inch buy and sell prices rising, hopefully this afternoon offers a little more interest.

I agree that benchmarking to CERP is not sensible, it is what i did when I bought TRIN in 2015, having made a good chunch in LGO, I was looking for an undervalued solid producing oiler to park profit and TRIN looked great. What seemed a small and manageable amount of debt relative to revenue, previous management seemed to turn into a disaster. Anyway now we have a clean start hopefully the significant value still to be had from TRIN will start to make up for the past.

[ny boy] 17/10/2017 13:24

Good day Trinners, not long to wait now, calm before the break towards 30p+

[the big fella] 17/10/2017 12:23

Please bare in mind CERP is well overvalued currently. But TRIN is most definitely worth north of 30p as we stand and in time a lot more.