Trinity Exploration & Pr... Share Discussion Threads

[mark10101] 27/4/2018 13:14

Good volume today, does MT1’s post indicate the daily switch with today’s move bottoming out? Weekend coming up, May 1st next Tuesday. What caused this weeks rise while oil has been stable and no RNS?

Forward PE of 5 that GO helped produce for the new header, I personaly would be happy with a forward PE of 15, still less than the US average of 20 for the oil and gas sector.

[glennborthwick] 27/4/2018 12:27

because extra tax is due to t/t govt when oil goes over 50 dolars

[spellbrook] 27/4/2018 11:49

Well done mark

[mount teide] 27/4/2018 11:49

Mark - many thanks, very helpful update.

[shrewdmole] 27/4/2018 11:41

Nice big volumes between 22-24p all looking very healthy as some leave and new money enters. Very good for longer term strength.

[trulyscrumptious] 27/4/2018 11:34

Thanks gabrieloak.

[the big fella] 27/4/2018 10:50

Nothing goes up in a straight line.

[mark10101] 27/4/2018 10:46

MM are desperately trying to fill an order. No one would sell yesterday, however will they sell if they think this is the top and try a little tree shake? This afternoon going into the weekend before possible results could be very interesting.

[moneytree1] 27/4/2018 09:22

supaspike?

[trulyscrumptious] 27/4/2018 09:21

Is the long term aim to start paying a dividend?

[mark10101] 27/4/2018 08:47

Looks like the MM’s are trying to pick up some cheap shares at the 23.60 bid area they were hoping for yesterday, I wonder how today goes for them....

[mark10101] 27/4/2018 08:38

The chart has fundamentally broken out of last years trading range, who knows where this is going. It is moving very steady and solid, I don’t think we have been on the top risers once in this move.

[wwick] 26/4/2018 21:25

I’ll share some experience and lessons learnt. I was holding VCP, crunched the numbers, understood the value. I held from c.250. When I hit my valuation target, and this was aligned with brokers, I sold. My logic was, we are at fair value, my capital can provide better returns elsewhere. The stock continued another 40% beyond my exit. So, the lessons I learnt are, there is more to the market capitalization than a simple valuation and possibly let the value run. There is a happy ending, although I missed out on the 40%, I got into TRIN and have done nicely 😊

[mark10101] 26/4/2018 20:26

Ross, on totally the same page. Having followed guys on LSE and here, who imo were chasing penny’s in front of the roller I thought TRIN was going to be, many are finding they have been locked out of the best gains. Not a share sold this end and see no reason to, 20p was a chart barrier nothing more and as expected we are in blue sky now. I don’t think I remember a day where we have closed into such strength this long into a rally. 5PE is cheap 15PE is still cheap with the growth potential TRIN has.

[mark10101] 26/4/2018 19:02

What a great day, and unusually TRIN closed on great strength, we rarely close at or near the day’s high.

Interesting feedback GO, certainly looks like there is depth on the offer side of the book. Like you I am not remotely interested in selling at this level.

[kaos3] 26/4/2018 16:08

mark - exactly - slowly starting from 25 p on - Will be back at above 20p again - I only hope