Trinity Exploration & Pr... Share Discussion Threads

[nafafa] 15/9/2019 13:25

Let’s not get too ahead of ourselves - after all this is Trin

After a sustained period of over production world infantry levels must be healthy. That may well mitigate the impact of any short term supply shock

[spellbrook] 15/9/2019 12:25

Reports that the country may take weeks to return to full oil supply capacity is set to send crude futures up by as much as $10 per barrel, analysts say, depending on the scale of the damage. Half the country's oil production was halted due to fire damage but is due to restart on Monday, Saudi energy ministry officials said in a statement.
"A small $2-$3 premium would emerge if the damage appears to be an issue that can be resolved quickly, and $10 if the damage to Aramco's facilities is significant leasing to prolonged supply outages," Ayham Kamel, practice head for the Middle East and North Africa at Eurasia group, said in a research note Sunday. That's up to 25 cents higher per gallon of gasoline.

[mark10101] 15/9/2019 12:04

F3, most of us long term holders had the chance to sell at 20p for a lot of last year, it will be a short term milestone but not what many of us have patiently waited for.

[spellbrook] 15/9/2019 11:01

Let’s get tweeting this company and get the message out there

Let LSE board know

Anyone getting in early o Monday should be regarded

Good luck Trinners

[f3rdinand] 15/9/2019 10:20

A perfect storm? Hugely undervalued oil stock gets tipped in the national press just as oil prices are set to soar! 20p minimum within a month is my prediction

[imjustdandy] 15/9/2019 08:22

This situation in Saudi Arabia is only going to benefit producers like Trinity. We could be closer to 20p than 10p sooner than we think

[imjustdandy] 15/9/2019 08:13

Trinity a fab investment regardless of situation in Saudi Arabia. However, 10 dollars a barrel more and this becomes stunning not fab.

[nocents] 14/9/2019 23:24

Either ( sorry!)

[nocents] 14/9/2019 23:24

I expect EIA will be told to lie about their inventories again. Just like last September. Not sure whether rig-count can be massaged. Am sure Trump will do all he can to deceive reality of oil supply demand imbalance. Hoping he will fail if he does. Short term spike imminent. Expect more arms sales to Saudi to bribe reserves.
Wither way...oil can only be traded purely in paper for so long. Like Trin’s valuation...reality eventually arrives.
Interesting week ahead?

[spellbrook] 14/9/2019 21:48

USA blames IRAN

[spellbrook] 14/9/2019 20:04

No Debt
Millions of Cash In The Bank
8 New Drills
HAW
Weatherford
Money Mail Punt of The Week
Drone Attack Saudi Oil

Update in 4 weeks
HAW Update In 8-12 weeks

[imjustdandy] 14/9/2019 19:56

Amazing how things can change in 24 hours. We already have a fundamentally sound business at current oil prices. Wooosh

[imjustdandy] 14/9/2019 18:16

https://www.wsj.com/amp/articles/drone-strikes-spark-fires-at-saudi-oil-facilities-11568443375

[retsius] 14/9/2019 17:51

Yes should put Trin up at most 0.25p!

[imjustdandy] 14/9/2019 17:31

5m per day

[mark10101] 14/9/2019 17:21

The Saudi’s have had to shut in 5mbopd of production in response to the attack. That is crazy.

[imjustdandy] 14/9/2019 17:07

https://www.google.co.uk/amp/s/amp.theguardian.com/world/2019/sep/14/major-saudi-arabia-oil-facilities-hit-by-drone-strikes

[imjustdandy] 14/9/2019 17:06

Global oil expected to rise sharply on Monday following attack on the largest oil plant in Saudi Arabia

[bones] 14/9/2019 12:30

Couple of useful links, one specific to Miton, one more related to small caps (in Miton’s view).





Personally, I agree that all my small caps will explode upward once some kind of Brexit deal is done or Art 50 delayed/revoked with 3 years of uncertainty and investment plans on hold suddenly being uncorked!

No political view intended, just a view on likely effects on share prices of small caps.