Trinity Exploration & Pr... Share Discussion Threads

[backtogo] 23/6/2017 18:31

selected posts eh, you missed the ones i posted where i bought at 1.45 also. Pretty much the price I sold at, for a small loss yes. Cut the losers fast, not like the chumps on here.

[marvelman] 23/6/2017 18:19

Diary of a (losing) trader:- From the URU thread

backtogo
14 Jun '17 - 11:05 - 1855 of 1934 1 0
just catch the dips.. anything round 1.5-1.6 and it's gold this time. taken more just now.

backtogo
21 Jun '17 - 12:30 - 1921 of 1934 2 0
massive jump coming get your buying shoes on

JUST FOUR AND A HALF trading hours later our resident trading virus exclaims....

backtogo
22 Jun '17 - 08:59 - 1924 of 1934 0 0
got out of this yesterday and first thing today. not happy with way the markets are. will look again in future.

First think this morning the bid was 1.35….it is now 1.30…he bought at 1.50....i.e a "small" loss

[bigdazzler] 23/6/2017 18:17

bigdazzler16 Jun '17 - 08:25 - 2382 of 2523 0 0 Edit
Expect to see this fall back to 10p soon. That's another big drop chaps.


mark1010116 Jun '17 - 08:40 - 2383 of 2523 0 0
Expect 13p turn around today be the first to close out your short and lock in profit. Will be a violent up turn when it comes.




Well I did say.

[backtogo] 23/6/2017 17:34

"before you know it. People will be predicting a market cap lower than cash in bank."wouldn't be the first time a company has traded negative to its cash and assets, especially in a battered sector with uncertainty hanging over it. but hey, you're a wizard harry.

[the big fella] 23/6/2017 16:43

The market is irrational at times. It is was it is. The POO is a huge factor here n sentiment. Those that bet we would go this low and more are doing very well. I do not have a crystal ball regarding the POO. However we can see from todays announcement that TRIN is a cash generative and profitable business even if POO falls another 10 bucks. It may take time but the momentum will swing again in our favour.

[mark10101] 23/6/2017 16:42

True I am sure there a quite a few people surprised they are getting a chance at these level. Who know what the good ship TRIN will present next week.

[ifthecapfits] 23/6/2017 16:36

bonkers = opportunity /

[aimmafia] 23/6/2017 16:13

Agreed mark. Complete clowns.... before you know it. People will be predicting a market cap lower than cash in bank.

[mark10101] 23/6/2017 15:58

There is absolutely nothing to suggest any technical reason to test 10p let alone go below 10p. Fundamentally it is bonkers we are here anyway.

[money fountain] 23/6/2017 15:24

Most probably 10p will be breached and then 9p tested.

[che7win] 23/6/2017 12:25

Trinity presenting on Tuesday next week as well:

hxxp://www.proac tiveinvestors.co.uk/companies/news/179723/trinity-now-has-clear-strategic-focus-says-bruce-dingwall-179723.html

[backtogo] 23/6/2017 12:19

as they say, follow the money. it's leaving!

[backtogo] 23/6/2017 12:11

wise money leaving right after meeting it seems8p soon

[backtogo] 23/6/2017 12:06

piff paff poff money up in smoke

[aimmafia] 23/6/2017 11:18

Can you believe people are selling 100k blocks. As you say, be extremely impatient and this will rise again.

[mark10101] 23/6/2017 10:49

Thanks Ross, glad you got a chance to meet the team and it was worthwhile a meeting. I suspect the recent drop will definately have flushed out the impatient. We have been here long enough to wait another 6-12months for this to deliver what we know it can.

[pineapple1] 23/6/2017 10:44

rossannan.....thanks for the report back. I like management style here too.
Like you intimate above, there is no shortage on AIM of David Brent types.
Some interesting possible +ve developments re production over on SQZ BB if you've not popped in.
imho

[pineapple1] 23/6/2017 10:14

This is not a blue sky high impact explorer. Its a slow burn.
Build up a war chest of cash and it will do an SQZ rocket ship move. But this won't happen overnight.
This is back from the operating theatre and still in the recovery room . The share price reflects this.
AGM statement benign and bland. Just how it should be for a company at this stage.
Didn't think it would fall thru 12p but it has however no oilers will escape the poor sector sentiment irrespective of prospects. Its not that their are lots of sellers because there aren't as can be seen from the volume. Its lack of buyers as money will need to rotate back in. I think oil is near a bottom and technically today may be end of oils decline and a decent rally is ahead..Time will tell.
imho

[mark10101] 23/6/2017 09:55

Toon, yes I remember the CAZA days and moved funds from CAZA to here in 2015 at 18p to average down my LGO winnings I put in here at £1.... 2014 were fun days for a few months, all my oilers doing very well, the rest is history. CAZA's management were excellent operationally, their legacy debt was the problem. However agree that it was not a great end to CAZA, with some of the best acreage in the bone springs I suspect their asset base have proved and excellent investment for the company that bought CAZAs debt out leaving shareholders with nothing.

This mornings update was not exciting but some good signs and cash building as we all hoped it would be. I have held during the down turn as my hope is later in the year TRIN will be delivery and hopefully in a better oil price environment. TRIN relative valuation gap also offer comfort at these levels.