Trinity Exploration & Pr... Share Discussion Threads

[the big fella] 26/9/2018 09:41

That I can agree with.

[sleveen] 26/9/2018 09:39

ross

Perhaps I'm thinking of the TXP thread.

But the comment is worthy on this thread.

I suggest that Monday's result's were below most investors' expectations.

[sleveen] 26/9/2018 08:57

Typo "I'm amazed share price hasN'T collapsed to below the placing price."

[the big fella] 26/9/2018 08:55

Sleveen - a little research before you post next time.

[sleveen] 26/9/2018 08:53

n't corrected.

[sleveen] 26/9/2018 08:50

I'm amazed share price hasn't collapsed to below the placing price.

All those reactivations must be costing a fortune given the operational breakeven of $28.5/b, not to mention the royalties

What's happened to the remaining $31.5/b.

Current market cap of £67m isn't justified on the financial performance. Oil production is barely profitable and unprofitable after SPT.

I predict the share price to fall below 15p. The placees must fuming.


As ross has said on many occasions, bb financials are usually wide of the reality. In this case the reality is cavernous.


No wonder an investor event was held.

[nocents] 26/9/2018 08:34

Still here. Increased holding.

[mark10101] 26/9/2018 08:33

Anyone left? Seems there was a mass exodus yesterday....

Oil still going strong. Hopefully with all the meetings the management are having they are succeeding in generating buying interest to mop up those who are throwing in the towel.

[mark10101] 25/9/2018 17:31

An encouraging presentation, great to see they feel there is potential in the West Coast assets and bringing them into the mix.

[nafafa] 25/9/2018 17:11

I am one of those who attended and left feeling suitably reassured and optimistic, so much so that I grabbed a further £5k today at a bargain price sub 18p

[otemple3] 25/9/2018 16:54

That will teach me to not check before posting......!

[spellbrook] 25/9/2018 16:52

Presentation

[otemple3] 25/9/2018 16:46

Some interesting chat on here and some further good feedback from post presentation chats from yesterday so thanks for those (I had to drive the family to Devon so ran out as soon as the presentation finished - still didn't get here till 1am!) May be wrong but feel those who went are feeling more positive whereas those who didn't, are not. Things might be clearer when the presentation is published (albeit there is not a lot new in there). Can't believe the price is down where it is but remember feeling like this on numerous occasions over the last 18 months, before some strong moves up.

[wwick] 25/9/2018 16:33

Deep, thanks for relaying your conversation with BD. A helpful insight I wish TRIN had communicated publicly.

[diseasex] 25/9/2018 16:17

It's like buying cheap selling high if you're into this sort of thing

[diseasex] 25/9/2018 16:13

options trading.
Made 9% last week on them . Took a while to understand it and had to pick up the math for it but it works absolutely brilliantly.

[dunderheed] 25/9/2018 16:11

What's the 'better' place dis?

[diseasex] 25/9/2018 16:06

Yes I just acknoledged a mistake here, firstly bought too high , then things just didn't go according to my perceived value of the company. These results , especially lack of profits is massively disapointing. I was looking at quick growth of value. Now I have better place to put that money.
the loss is not that great because I averaged down.
Better luck next time I hope.

[dunderheed] 25/9/2018 15:57

Oh nice one dis - well done - better than I (tried to) achieve lol! Walked away because think (hope lol) it may tick back up over the next few days with some press etc.?

mark agree 100% so am waiting for next few months but will likely sell if nothing forthcoming during this period.
Best of luck all!

[mark10101] 25/9/2018 15:54

Could be very healthy trading day today, amazing how quickly sentiment changes. I still believe Autumn has the opportunity to be transformational, but can fully understand people loosing the faith.