Trinity Exploration & Pr... Share Discussion Threads

[croasdalelfc] 15/2/2018 18:04

Except his analysis of VOG and AMER - though the latter is undervalued and discounted cos it's Columbia

[gh20468] 15/2/2018 13:35

bucket list - things to do before you die

[shrewdmole] 15/2/2018 13:18

Malcy - a very well respected oil and gas pundit- does a bucket list of stocks each year and has intimated Trin is a must for being added.

He really does know his stuff and is well followed.

2018 bucket list is imminent....

S

[markth126] 15/2/2018 13:05

What does bucket list mean

[shrewdmole] 15/2/2018 13:00

As malcy said one of the lowest production costs in the sector.

[mark10101] 15/2/2018 12:59

I get the sense something is building here. TRINs strength in the face of the general market decline was very encouraging. Also, anyone notice how quiet TRIN is on Twitter atm?

[shrewdmole] 15/2/2018 12:23

That 83k is mine couldn't resist.

Next 4 weeks we have update, bucket list and city rounds so could see mid 20's.

S

[mark10101] 15/2/2018 08:58

Oil very possitive move. I think traders are working out the truth despite the barrage of negative media. Oil needs to be stock pilling now, we are already 23mb behind last year in just the last two weeks and currently sitting a fair way below the 5 year average for this time of year. We need the US to deliver their shale oil.

A healthy correction for oil as their was record longs, even if we stay in the $60’s that is great for TRIN.

[shrewdmole] 15/2/2018 08:27

oil bounced nicely and trin looking perky again...

[mark10101] 14/2/2018 11:59

Yes, has been holding up well considering the wider market. I think the market shake out will end up being a possitive for TRIN as people who cashed out will rotate back into oil stocks which have barely budged despite a doubling of oil. Lots of commentators tipping sector rotation into oil which is encouraging.

[shrewdmole] 14/2/2018 11:53

Mark

It's been strong on the bid side for a few days.

S

[mark10101] 14/2/2018 11:29

Jimb1 on LSE claims he is behind the recent move. Shows how there is no big sell or buy behind the recent move, just MM trying to find interest because as soon as 400k taken they move it up. Encouraging sign for TRIN.

Bucket list was being drawn up by Malcy last Tuesday, must be soon.

[shrewdmole] 14/2/2018 10:56

Nearly 400k in one go that's almost £70k worth!!

Malcys bucket list leaked? Lol

[shrewdmole] 14/2/2018 10:56

Nearly 400k in one go that's almost £70k worth!!

Malcys bucket list leaked? Lol

[astorcourt] 14/2/2018 10:40

Buys all of a sudden

[astorcourt] 14/2/2018 10:38

Action we have

[phowdo] 14/2/2018 10:25

I think they want to sucker a few more traders into being short oil first...

[mark10101] 14/2/2018 10:17

True there are people that just trade what they are told. These weeks year the prediction was for 3.5m build and it came in at 9.9m build. The week before they predicted 2.5m build and there was a 14.2m build. The ananlyst appear to be out by 100% on average with occasions they are out by 1000%. I wonder how they come to their figure....

Anyway fundamentals are hugely bullish atm, inventories are significantly below the 5year average and with these low build numbers coming it will remain significantly below the 5 year average for a while to come. Oil traders should be pilling in at these prices, I suspect when US opens today the switch will occur.

[whiskeyinthejar] 14/2/2018 09:58

Unfortunately it was more than the analyst poll was forecasting. Supposedly, this is what gets priced in before news is announced.

Oil ministers of Russia and SA are spending Valentines together today at International Energy Forum. They should have some upbeat things to say about their relationship.

[mark10101] 14/2/2018 09:00

API report was a build but significantly smaller than normal for this time of year 3.947m compared to 9.94 this time last year. So the two weeks this time last year there was a 24m build instead of the 3m this year and the market reacted to it as if it is bad news....

[mark10101] 13/2/2018 14:55

Maybe not WTI compitulation yet..... All of December and January run up gone. API report tonight and EIA tomorrow, will be interesting to see where the US production is. Lasts weeks gain in US production only had 30% attributed to the shale gains, all very odd.

[mark10101] 12/2/2018 09:20

WTI is having the day I hoped for, it did look like sub $60 was capitulation of record longs. TRIN looking good so far let’s hope the US stabilises today.

[fidra] 12/2/2018 08:21

Thanks for replies .had entirely forgotten the 35p milestone.

[mark10101] 12/2/2018 07:46

WITJ, I agree, it will be received well once it is dealt with but as I have posted for the last few weeks I think we are seeing buy the dip in TRIN (would expect a decent bounce today). Which I believe is a result of every day that passes with the money being made it becomes clearer and clearer the debt is covered. Confidence is building and I personally would not mind if the CLN was dealt with later in the year so long as it is dealt with.

[whiskeyinthejar] 12/2/2018 07:40

Sorry, but really disagree. Every day Trinity is making money. Im sure clearing the debt is a big milestone and it will highlight Trinity's value. But its a formality when they have the money to pay it.

They might have paid it all off already. Or they might wait until late in year to pay it off. I don't see any reason to be disappointed either way. So regardless of whether next update says debt has all been paid off, Im sure the key is the NET position.