Trinity Exploration & Pr... Share Discussion Threads

[mark10101] 27/10/2017 08:40

It is higher but was basing it on his pessimistic figures, if we focus on the cheaper onshore production our profitability will rocket.

Kaos, I could have sold at 19p and put into a few other oilers I have been watching and done well. But as you say quite easy to get it wrong. We have presentations starting next week and we have the new broker note. Tax reform and various other news to be announced, I want to be in TRIN for those. Somone accumulating at 18p I would be amazed if we go back to 15p.

[uapatel] 27/10/2017 08:34

Think it's more like a £1M per month, Mark10101. I seem to recollect around 250k GBP per week was being bandied about prior to the investor presentation last month.

[kaos3] 27/10/2017 08:30

I sold at 14 for hur (mistake) bought at 10+ (could not get enough) sold at 18. hope to get back in at 15+.


I wait for 15+ as the share could not get over 20 is what I am saying. might be wrong as swapping into hur.

[mark10101] 27/10/2017 08:28

Ok then, show me another profitable AIM oiler that is making £3/4m per months at TRINS valuation.

As you say best to look at the actual presentation as it paints a far rosier picture than your post.

[mark10101] 27/10/2017 08:24

Well spotted, yes 8p would be pretty gutting. I was right with the 8p muppets that we would see 20p before 8p and that was when we were at 10p....

[fsawatcher] 27/10/2017 08:24

Trin only makin $9 per barrel profit on 2500bopd

that very small after taxes and costs

i fink some peeps are gettin carry away coz they fink $52wti mean $45pb profit to trin

it dont.

they gonna make about $13 per barrel profit when they get to 3000bopd

that cud go to $15pb profit

aint bad but not massive is it

debt converted at 5p a share and 187m shares at 5p gonna find way back to market at 19p

presentation on website tell you all the above

[kaos3] 27/10/2017 08:14

8p is a gut price imho

[mark10101] 27/10/2017 08:07

200k at 18p still looks like someone is accumulating while we await news.

[whiskeyinthejar] 26/10/2017 22:42

Thanks mawc.

[mark10101] 26/10/2017 22:39

Oil pushing to new recent highs.

[mawc] 26/10/2017 20:52

Whiskey - you can see NEX trades under the code TRIN.GB on ADVFN

[spellbrook] 26/10/2017 17:23

Oil up
2 investor roadshows coming
2 recent director purchases
Whitman report
November update
Approaching 2800-3000 bopd

Strapped in and ready ....

[whiskeyinthejar] 26/10/2017 16:19

That's true.

I can't even get a live quote to buy £3k now. You can get £2k for 17.995p though.

[whiskeyinthejar] 26/10/2017 16:02

My top up isnt showing up, as it went through NEX. I got £5k for 18.00p. advfn don't seem to be reporting NEX any more.

NEX trades here though:



NEX limits power of AIM market makers I think, as brokers have an alternative.

[spellbrook] 26/10/2017 12:26

This event is now fully booked. Any further registrations will be placed on a wait list and you will be advised if a place becomes available

[woodpeckers] 26/10/2017 09:37

They're taking this down on very little volume, makes you wonder if they suspect that they are going to need lots more shares soon.

[whiskeyinthejar] 26/10/2017 07:40

Big news can come any time. If you just try to buy in for scheduled news, eventually you get caught out. And I wouldn't be surprised if Jennings is ready to buy up any weakness here.

And lots going on. Trinity are presenting twice in next few days or so. I wouldn't be surprised either if Bruce wants to talk about more recent production than August. They'll RNS the presentations anyway I assume.

Anyway, things kicking off in Iraq again overnight. Iran is worried that independent Kurdistan would be like another Israel.

KR Security Council‏ @KRSCPress
Iraqi forces and Iranian-backed PMF are shelling Peshmerga positions from Zummar, North West of Mosul. Now advancing.

[mark10101] 25/10/2017 19:46

Don’t think we are being played with, a close back down on the March high having closed the gap also is quite a good result technically. There are also sellers which in the past would have seen us back down to 15p.

I have been in TRIN long enough to have a good feel for things. We were played with to get us down to 10p but up here things almost feel the opposite. Even though we are yet to make a solid foray into the 20’s this recent pull back has cooled the RSI and closed a small gap. News and the 20’s could even come tomorrow. Who knows but things have a feeling of strength atm.

[marvelman] 25/10/2017 19:32

As I posted before Mark, plenty of guys like Swampy not prepared to risk a retrace and who can blame them. An easy share to trade with no stamp duty. No update until November so probably many risking to trade this and get back in lower. Frustrating for non traders like myself to see this share played with as it is but as we say ...this is AIM.

[mark10101] 25/10/2017 18:07

A close dead on the March high having closed the gap, could lead to a very good end to the week.

[mark10101] 25/10/2017 13:12

Looks MM are very happy to take shares for those who move on but not trash the price.

[johncb] 25/10/2017 13:10

Any reasons for today's dip ??