Trinity Exploration & Pr... Share Discussion Threads

[nocents] 09/4/2024 17:44

Actually ACT it is just the limitations of posting. I would indeed prefer the BOD out already. I just didn’t say that. I do think they have shown an inability to get to grips with both the oil industry and the stock market. I am not favouring another chance, just working on what is reality. They are staying on and need to sort out the mess they caused. I don’t want to get caught up in semantics here.
We can’t remove them anyway…so let’s just live with that, eh? And move on to what is possible. I don’t mind you disagreeing with me about anything. I just think for goodness sake take your claws out of Ab. Nobody has to be influenced. As Spiderman said…we always have a choice. All the posters here signed up to a movement to remove the BOD. It just wasn’t possible.
Let’s discuss the possible. As I said, with respect, your obsession with Ab is unhealthy and bordering on delusional. I don’t mean that with any bad feeling. ( I have enough hang-ups myself!! )Just leave him alone for goodness sake.
Talk about other things.
I lost faith in Trin as much as anyone could after Jacobin. Gonna take a miracle or a change of commandeers ( BOD) to renew it. I kid not. No complacency. Just a breakeven of £1.30
that I do not want to crystallize . Trin has not served me well.

[nafafa] 09/4/2024 16:51

For whatever reason AB chose not to contribute to the discussions regarding potential shareholder action. I guess now that he considers that to be done, dusted and forgotten he can resume his posting in support of the existing arrangement, I fear his faith in that is misplaced.

[arlington chetwynd talbott] 09/4/2024 12:46

There is your mistake - you want the BOD out if they do not sort this mess out. In other words, you are giving them yet another chance.

As for Ab76, he is the epitome (or is emblematic, however you want to put it) of the complacency that has served folk so badly here. You may not like to see him criticised when he is telling you what you want to hear, but he is really not helping.

[arlington chetwynd talbott] 09/4/2024 11:05

nocents - can you not see what is happening here?I have long contended that the BoD need to see us coming to take their salaries away before they will genuinely think about shareholder value.You have talked before about contacting the BoD, but their true colours have been on display for quite a while now, so that is utterly pointless - as demonstrated by your own experience going down that route.I thought the necessity of a move against the BoD was something that others were beginning to recognise, but I can see that ahead of the coming update some folk - yourself included - are being enticed all too easily back into the Ab76 complacency camp. I cannot believe that folk are yet again buying into his tired narrative that TRIN is some kind of money making machine.So good luck to Ab76 building that ramp. With willing helpers he might get it all the way to the late 40s or even the early 50s ahead of the Q1 update. But I am pretty sure that the Q1 update will be a rude awakening. Even PA almost gets that.If you want a meaningful and sustainable share price recovery, kick the bums out.

[nocents] 09/4/2024 10:12

It is getting a bit silly to shoot down anything potentially positive. Potentially positive.
There is no ramping going on.
People have wised up to ineptness.
Perenco border Trin’s Galeota field btw and produce from it.
Disagree with individual points, but not obsessively across the board. With respect, it is mildly delusional.

[pavey ark] 09/4/2024 10:09

Apologies to the readersof the creepy board.....away from home ...busy morning and using my tablet.Sorry about the inclusion of reasoned information and I appreciate it must have come as a shock.For my part I've run a deep security scan.......hmmm...not so good....no "SPIV" alert...must let my provider know.

[skyship] 09/4/2024 10:08

The 24k @ 41p reported as a sale was obviously a buy...

[pavey ark] 09/4/2024 09:49

Although there is little doubt that Trin is making money and I predict that the year end cash will be substantial I must be pointed out that the Q1 cash is usually not as much as expected.Simple fact is that Q1 includes a number of one off costs ( for the year).....insurance, licence fees etc.( I always thought that the SPT costs were three months in arrears but sometimes difficult to work out......should be plain enough here as no SPT due in Q1 but there could be a payment for offshore from Q4 last year )All of this is almost irrelevant..........the silly share price is the thing !!!

[arlington chetwynd talbott] 09/4/2024 09:33

Getting your excuses in early, PA?

[pavey ark] 09/4/2024 09:11

Although there is little doubt that Trin is making money and I predict that the year end cash will be substantial I must be pointed out that the Q1 cash is usually not as much as expected.Simple fact is that Q1 includes a number of one off costs ( for the year).....insurance, licence fees etc.( I always thought that the SPT costs were three months in arrears but sometimes difficult to work out......should be plain enough here as no SPT due in Q1 but there could be a payment for offshore from Q4 last year )All of this is almost irrelevant..........the silly share price is the thing !!!

[arlington chetwynd talbott] 09/4/2024 07:48

Ab76 - so what?

[arlington chetwynd talbott] 08/4/2024 23:33

Meaningful profit? I think not. You are buying into the Ab76 narrative that TRIN is a money making machine. The more you and others do that, the less likely you are to move against this awful BoD. The end Q1 Jacobin update and cash balance should be a rude enough awakening to get the mutiny back on track, but valuable time has been lost.

[nocents] 08/4/2024 20:52

But it is. It has swuandered millions, but is making profit for the first time since 2014.

[nocents] 08/4/2024 20:50

I thought the annual allowance for pensions was £1,073k . You can also use previous years. So a late bed and brekkie is possible.

[andrewbyles] 08/4/2024 19:08

A £1.2 million bed and breakfast trade? Has someone increased the ISA and/or pension limits?

[sleepy] 08/4/2024 19:02

AB - you may well be right but it may be some form of bed and breakfast trade

[andrewbyles] 08/4/2024 18:14

With 8.9% of the company traded today, I suspect something has begun. We’ll find out soon enough.

[arlington chetwynd talbott] 08/4/2024 17:04

"With the new low tax regime introduced a few months back Trinity is probably at its most profitable ever."I did laugh.

[skyship] 08/4/2024 15:45

MMore likely same buyer and seller. Either a financing move or just switching accounts. The buy was at 38.002, so just a £34 gift to the MM.

[spittingbarrel] 08/4/2024 15:38

Well someone dumped 1.7 mill at 38 but it went straight to a buyer at 38.02

[aqc888] 08/4/2024 13:00

The value is definitely there. Unlike some cheap AIM companies we don’t need to worry about new disruptive tech that might weaken Trinity. We don’t need to worry about trinity’s ‘brand power’. Infact we don’t really need to worry to much what tricks its competitors are upto.

Trinity is pumping oil and has a lot left in reserve. The big main variable we need to worry about is the oil price and that’s superb at the moment. With the new low tax regime introduced a few months back Trinity is probably at its most profitable ever. (Something we might not have given management’s lobbying full credit for). If people want to sell at this level so be it. But no sells of significance it’s important to note.

[skyship] 08/4/2024 10:59

Yet someone sells 7k at 38p. Why? Do please tell if you are out there...