Trinity Exploration & Pr... Share Discussion Threads

[spellbrook] 12/12/2019 10:56

Be nice to see some further director share purchases after the results


Directors Deals for Trinity (TRIN)
Trade Date Action Notifier Price Currency Amount Holding
11-Jun-19 Buy Nicholas Clayton 11.62 GBX 100,000 100,000
14-May-19 Buy Angus Winther 11.70 GBX 427,350 30,102,994
25-Sep-17 Buy Angus Winther 12.25 GBX 408,163 23,065,178
24-Aug-17 Buy James Menzies 11.00 GBX 250,000 500,000
14-Aug-17 Buy James Menzies 11.00 GBX 250,000 250,000

[spellbrook] 12/12/2019 09:55

is that BLUE on my screen

[marvelman] 12/12/2019 08:31

...but unfortunately the kamikazi seller still persists

[marvelman] 12/12/2019 08:29

Confidence appears to be returning as the seller winds down and the inherent value becomes too obvious for it to be ignored,

[spellbrook] 11/12/2019 16:29

odd trades

[nocents] 11/12/2019 14:00

8.7
8.85

[nocents] 11/12/2019 13:59

It’s the drip drip that keeps the price down though.Saps confidence.

[spellbrook] 11/12/2019 13:58

Getting tighter

[mark10101] 11/12/2019 13:29

Kaos as a current holder I was hoping that is what we saw yesterday with the strong reversal! Maybe there is more to come, I hope not..

[kaos3] 11/12/2019 13:15

I might be wrong but we have "drip drip" not a "dump" seller. I am waiting for the final "puke" which is usually at the bottom. increased vol. then imho is a good moment to buy. but good timming as we know does not exist on a permanent basis.

[marvelman] 11/12/2019 13:07

Seller just got out of bed....resuming his daily routine

[mark10101] 11/12/2019 11:02

Just need mr 100k buyer to hit again today and get us out of this down trend first.

[mark10101] 11/12/2019 10:46

I hope he is right, oil certainly seems to be on a strong run since the last bottom. TRIN can not be ignored with oil at $65 WTI, at $75 WTI we could make a new high.

[spellbrook] 11/12/2019 10:28

The OPEC+ Deal Was The First Step To $100 Oil

[marvelman] 11/12/2019 09:32

Spell, he may have realised that he should be buying rather than selling. He has certainly created a great opportunity for himself albeit that it has cost him an arm and a leg.

[spellbrook] 11/12/2019 09:28

with 200k of buys theres the opportunity for them to sell some more if they wish

[marvelman] 11/12/2019 08:11

Some buyers up early this morning. Lets hope our seller is having a lie in.

[oilinvestoral] 10/12/2019 23:56

It's more common than you may think. I know investors who manage 50% + YOY. You need to avoid the AIM junk that is pumped online and focus on cash generative profitable growth companies. I made 300% on SQZ and will end up making more on RRE (average under 500p). You don't have to pick winners! You can have a few duds (such as TRIN & PHAR for me) and as long as you also have an RRE and PTAL that should more than compensate for 20-30% drop in TRIN and still keep averages healthy. Don't go chasing rainbows looking for instant riches! Look at what happened to KOOV today! RIP another aim dog! Good luck with your investments

[mustbefunny] 10/12/2019 22:12

Only 33 percent growth per year puts you in the top .000001 percent of investors

[nocents] 10/12/2019 18:27

Interesting posts. This is a dreadfully complex share to be involved in. It’s all about waiting waitin waiting.....

[oilinvestoral] 10/12/2019 18:16

MT I'm not saying the numbers are to be sniffed at! My personal target for my overall portfolio is only 33% growth per year and barring a collapse in TRIN or PHAR I should achieve more than 40% this year mainly due to RRE , JSE , PTAL and a closed position in ABDP. I'm very much a buy & hold investor (for the right investments). I'm still holding SQZ from the 30s. My point is do I have the patience to sit and wait for years with TRIN given how problematic it has been thus far. I'll reassess after the next update and may be at 2019 results in April time

[mark10101] 10/12/2019 18:05

PB2, the fundamentals are massively stronger then when we relisted when oil was $40 and our net debt was $12m and production was 2400bopd.

But on AIM solid fundamentals need a story for investors to buy into for future value, TRIN do not see the need to go beyond stuttering BOPD growth and a relatively stable (on an average basis to smooth out drilling campaigns) cash balance. Even as a long term holder I find that boring and can understand the lack of enthusiasm. I have held because I always felt that with such solid fundamentals after the recapitulation an equally strong story would emerge about the future. Here we are at the same price as 2017, what an opportunity for anyone coming in with fresh legs.

Hence I said with that known and as it has stayed people would have seen the chart and seen the same support levels shown above and taken a shot at them and traded on the technical side.

I take today as a good day given the reversal and with the FED into their first easing since 2014 (when commodities first dumped) and oil looking the strongest for a while, things may just be about to turn a corner.

[nocents] 10/12/2019 18:00

I am also concerned like Prince that a penny increase ( about 13%) will just be traded at a chonking profit and it’s a long hard bumpy upward road. The 700k shares bought today would net over £8k profit!!
This is Trin’s demon. Sellers keep it suppressed on its ascent due to low volume. Hence rinse-repeat.
Bit sad you never got reply to emails though.

[otemple3] 10/12/2019 17:27

Very interesting to see 8 consecutive 100k BUYS (!) from about 3.30 today. Clearly someone apart from us sees value here, fingers crossed the seller has finished and we can finally start to rerate