Trinity Exploration & Pr... Share Discussion Threads

[nafafa] 11/7/2018 13:26

Whiskey, will be interested to hear your comments post EGM. At recent AGM I found chat over coffee after official proceedings to be particularly interesting. Great RNS and I think very fair allocation. Don’t expect to see significant number of sellers coming forward.

[whiskeyinthejar] 11/7/2018 13:14

I don't think averaging down with £10k worth of shares will work terribly well for most people if they sell those 15p shares at 16p. Should encourage people to hold on for long term perhaps .

[whiskeyinthejar] 11/7/2018 13:05

Lol. £10k min was exactly the fairness that I was hoping for. Maybe somebody at Trinity reads advfn.

[diseasex] 11/7/2018 13:04

can someone that subscribed over 10000£ work their numbers and tell us what was reduction rate?

[mark10101] 11/7/2018 13:03

RNS explaining the placing, seems to have been handled in the best possible way. I am sure there will be a few flippers who overstretched expecting to be scaled back but 16p seems grossly undervalued for the NEW TRIN.

[diseasex] 11/7/2018 12:55

Ok info out. Shares scaled down after first 10000£.

[mount teide] 11/7/2018 12:24

Roos - I am one of the few paid up members of the Tartan Army who wish England well!. Good to hear!

Looking in the sports pages of the Scotsman on-line - you would never know there was a World Cup going on for all the coverage it gets!

Huge article on Rangers looking to buy a player most football fans will have never heard of for £3m - (barely Ronaldo's monthly salary).

Rangers and Celtic should apply to join the Premier League - the clubs in the Scottish Premier league get a pot of circa £20m a season shared out between them from TV rights. In England the bottom 6 clubs EACH get circa £75m a season!

Talk about the poor country cousins!


As a cycling fan i'm old enough to remember when it was a huge accomplishment for the Brits to get a cyclist to Paris in the Tour De France, never mind be competitive. For Brits to have won 4 of the last 5 is an incredible achievement and something the Nation should celebrate because these things usually go in cycles and it could well be a very long time before we see such success again after Chris Froome departs the scene.

[uapatel] 11/7/2018 12:12

Rossannan,

Any feedback is much appreciated.

[dunderheed] 11/7/2018 11:57

ha lol ross - as a guffy currently in Scotland mate - appreciate that!!

[mustbefunny] 11/7/2018 10:05

No maximum. They will have taken all your money in case you get full allocation, if you don't get full allocation you will get balance back.

[whiskeyinthejar] 11/7/2018 10:04

You have to have the funds for all shares you ask for, otherwise people would apply for more than they want in hope they'll get exactly what they want when scaled back.

Dunder- I aaked Hargreaves yesterday about attending. They said i was too late and added that blagging way in probably wouldn't work as Trinity are "particularly fastidious". No surprises about Trinity being fastidious!

[acsatix] 11/7/2018 09:59

I take the fact that ii took all the money I wanted to invest, that I had my offer of investment totally accepted. admittedly this was not for the maximum I could have gone for (BTW I udnerstand there was no maximum? or was the maximum iplied by current holding?)

[dunderheed] 11/7/2018 09:48

Has everyone received notification of their allocations or does this happen post agm?

[mark10101] 11/7/2018 09:46

Hope all goes well Ross. Look forward to a debrief.

[dunderheed] 11/7/2018 09:35

Sorry mate was getting mixed up with the dates of submission of placed shares!!

[dunderheed] 11/7/2018 08:35

F me Ross - I thought the meeting was tomorrow lol (I only just glanced at the rns to verify what time tomorrow?) - sorry geyser will not be able to meet but let us all know what your 'feelings' are post meeting?

[mount teide] 11/7/2018 07:45

Uber Oil bear Barclays throws in the towel for H2/2018 and 2019!

In the middle of April, Barclays expected oil prices to collapse in the second half of this year - telling the market to expect $57 Brent by the third and fourth quarters - as it saw a new supply surplus looming because of an “overstated221; impact of Iran and Venezuela on the oil market( an urgent spec-saver group appointment for their expensive team of 'analysts' was perhaps in order).

For the second half of 2018, Barclays said yesterday that it now sees Brent averaging $73, some 28% higher than its April price call, as it expects "lower supply from Iran and Libya to further tighten the oil market." (never mind Venezuela where oil production continued to fall off a cliff!)

“Due to new outages and a quicker Iran supply reduction, we see Brent prices averaging $71 next year,” said Barclays - up from a previous forecast of $65.

According to the bank, OPEC and Russia’s decision to reverse some of the production cuts would deplete the global spare capacity cushion and push prices up, but OPEC’s leader Saudi Arabia, as well as Russia, would be making efforts to cap a big upside in oil prices because much higher prices would destroy oil demand growth.

“OPEC’s decision and disruptions elsewhere will deplete the market’s spare capacity cushion, raising prices,” Barclays’ analysts said after coming back from their spec-saver appointment.

[acsatix] 10/7/2018 13:12

yes, ii will deposit shartes on 12th. they have already taken the money on monday... or friday, dunno... they sho at simbolic price of 1 £ so for now they record a loss of 1 pound per share on my account and as many shares as each ppound invested :)... I expect things to change by thursday :).

[whiskeyinthejar] 10/7/2018 13:12

Possibly what people are seeing is that their broker has taken all their money for now, and they are assuming this means they'll get all the shares they asked for but actually they will get some of their money back if its over subscribed.

[diseasex] 10/7/2018 13:02

aren't shares on account on 12th this month ?