Trinity Exploration & Pr... Share Discussion Threads

[marvelman] 17/12/2018 10:33

Bought 20,000 on Friday @12.5 and 15,000 today @12.74. Very much underwater here currently but not prepared to give in to the lemmings sinking the share price ..another few Irish Mists tonight will help ease the pain...aint that right nocents

[mark10101] 17/12/2018 10:28

Oil looking firmer, the tightening that just occurred will be felt soon. Time will tell if my view of them cutting too hard is true or not. I am certainly happy not to have been shaken out of TRIN, risk reward at these level very enticing and long term holders have to view TRIN as new buyers will.

[nocents] 17/12/2018 10:17

Lucky sodes. Seconded

[nocents] 17/12/2018 10:16

Always said looking gift horse in mouth. Total giveaway.

[laptop15] 17/12/2018 10:07

Here we go guys :)))

[mark10101] 17/12/2018 09:45

100k Purchase, ok that is more like it, maybe some bottom feeders have arrived, lucky sods picking up at this level.

[mark10101] 17/12/2018 09:43

Another 10k purchased, big hitters arrived this morning, bring on the Santa rally.

[mark10101] 17/12/2018 09:13

6k buy!!!! We are in business.

[laptop15] 17/12/2018 09:08

Maybe they slept in lol

[nocents] 17/12/2018 08:29

passionate

[nocents] 17/12/2018 08:27

So where are all these passionat buyers eh?

[nocents] 15/12/2018 20:37

Hope u not lost too much on AAOG. Taken a pounding. Hope you see recovery.

[pinkfoot2] 15/12/2018 18:33

I was kicking myself when I sold down around 20p but that’s luck for you-lost all profit on Chariot.

Will be buying a lot on Monday-it’s way too cheap in my view.Hopefully AAOG will be kind on Monday too

[marvelman] 15/12/2018 18:03

"I raise a glass to all holders"



I have a glass nocents...Irish Mist no less, cheers

[laptop15] 15/12/2018 18:03

Good move pink foot, great buy back price at the moment which will surely go much higher at some point. Q1 has plenty of action lined up and malcy is very bullish. Christmas sale price at the moment, good luck with your buy back :)

[pinkfoot2] 15/12/2018 16:42

Apologies-fat finger!

[pinkfoot2] 15/12/2018 16:41

Lost track of this after I sold out of my Placing stock a while ago-no reason other than taking a profit.

At this level,they look incredibly cheap to me.Looks like they have just been caught up in the general malaise but it makes their fund raise look visionary-I think I said at the time it was a smart idea.

I’m going to buy back in Monday-nothing wrong with this company and it’s well funded.

[pinkfoot2] 15/12/2018 16:40

Lost track of this after I sold out of my Placing stock a while ago-no reason other than taking a profit.

At this level,they look incredibly cheap to me.Looks like they have just been caught up in the general malaise but it makes their fund raise look visionary-I think I said at the time it was a smart idea.

I’m going to buy back in Monday-nothing wrong with this company and it’s well funded.

[pinkfoot2] 15/12/2018 16:40

Lost track of this after I sold out of my Placing stock a while ago-no reason other than taking a profit.

At this level,they look incredibly cheap to me.Looks like they have just been caught up in the general malaise but it makes their fund raise look visionary-I think I said at the time it was a smart idea.

I’m going to buy back in Monday-nothing wrong with this company and it’s well funded.

[pinkfoot2] 15/12/2018 16:40

Lost track of this after I sold out of my Placing stock a while ago-no reason other than taking a profit.

At this level,they look incredibly cheap to me.Looks like they have just been caught up in the general malaise but it makes their fund raise look visionary-I think I said at the time it was a smart idea.

I’m going to buy back in Monday-nothing wrong with this company and it’s well funded.

[nocents] 15/12/2018 14:41

Laptop. I support your purchases in word and equal action myself. Whatever the share price does next week it will re-rate to a true value when it is ready. Tiny tiny volume brought it down. Worth knowing.

[nocents] 15/12/2018 14:36

Yes more patience needed. But that’s why Trin is an investment and not a gamble. Plenty of companies to gamble on ...even other onshore Trin companies who are not debt-free!! Oil rarely does stay range-bound for long. Opec has shown it is prepared to set a floor. Now we need to just give the new year time. And when Trin moves ot moves like a rocket . And plenty will have missed the boat . But that’s their problem. Opportunity sots waiting and if people don’t grasp it in spite of IC recommendations and very very detailed multiple brokers’ targets reports (e.g. Cenkos) then it ain’t my business. Lived through threat of insolvency 2014-2016. This is nothing in comparison.Seen Trin shoot from 7-18p in 6 weeks Feb 2017.Down to 10p August. Then to 21p in Oct. Then 15p. Then 28p in May . Well...the company is producing more and is totally without debt. It got to 20p at same WTI price last year with debt repayments. Silly price now yes but it’s everyone’s own business I guess. It seems to take media to convince people sadly. Come on Trin ...recognize this !!! It’s a shame that people rely on media and a shame that Trin do not capitalise on that.People should do own research but that’s just the wayit is. They’re missing out.
I raise a glass to all holders.

[laptop15] 15/12/2018 10:47

Yes i agree nocents, oil prices can change very quickly and lets face it the share price here went up to 28p ish and now its all the way back to sub 13p. The MCAP is now sub £50 million and the year end exit rate is 3000 bopd which is pretty good considering debt debt free and cashed up. Also the low cost and oil hedge will help with the drop in oil price. Was just listening to the H1 presentation again and i have to day its well worth another listen. I will continue adding at these silly prices and am confident the share price will rally back soon enough :))

[mark10101] 15/12/2018 10:43

TRIN are cash rich and despite the companies reluctance to communicate progress and possible new value adding opportunities, which is essential to maintain investor interest/confidence, they appear to be progressing very well. From latest MEEI data TRINTES is producing more than any time since early 2014. Hopefully we still have the full impact of RCP work to be done which started in October. Couple that with the most intensive onshore drilling schedule since TRINS inception, better times can’t be far away.

We were in worse financial shape last year and went from 10p to 26p in less than 6 months. More patience is needed and a hope that oil recovers as the opec cut bites.