Trinity Exploration & Pr... Share Discussion Threads

[wwick] 24/12/2019 18:55

Warm and heartfelt wishes to everyone.

[nocents] 24/12/2019 18:20

That ain’t hard guys!!
Best wishes for a good Christmas time from me too !!

[mark10101] 24/12/2019 17:53

Spellbrook, you to. I am certainly betting 2020 will be a better year than this!

[spellbrook] 24/12/2019 17:24

Merry Xmas for tomorrow TRINNERS

You never know 2020 may be the year

[otemple3] 20/12/2019 23:43

https://www.woodmac.com/news/opinion/Predictions-for-2020/Few interesting snippets in here

[nocents] 20/12/2019 22:50

It has been at a pretty bad depressing levl 8.5-14p. Hit 16p in Kan but Trump had a lot to do woth it. Suppressing the oil price to low fifties for most of year. Trade war had a purpose. To fulfil America’s perceived needs. Screw the world. How Trump works. T and T govt. showed selves equally untrustworthy. So it’s been against very very strong headwinds. Trin failed missrably with PR. A few helpful press articles but that’s all. Trin don’t play to market needs.
So...it hot me hard as I had to sell a lot..like Prince and Manaca. So we are forever on a lose lose now.
But 2020 looks perkier.
2021/2 will see great strides IMO.
And all it takes is a nutter in the Middle East.........plenty of them!
( and elsewhere of course. Especially Whitehouse)

[otemple3] 20/12/2019 22:17

Feels like it's been a disastrous year for Trin shares but it is interesting to note that they only need to rise just over 1p from here to finish the year flat (11.5p on Dec 28th). It was shocking it was that cheap last year so it is disappointing to be broadly flat over the year despite the business being in a far stronger position but psychologically it feels like it has been a constant fall throughout the year

[mark10101] 20/12/2019 16:57

That was a late flurry of large trades.

[spellbrook] 20/12/2019 07:13

Let’s see how We end the week today

Approx 2 weeks to Results

No debt
Cash in the bank
Haw update
SCADA update
New drills planned for 2020
Galeota info
Maybe dividend declaration to come

[otemple3] 19/12/2019 22:21

Fascinating couple of days with reversals both days just before close. Very interesting move in oil prices too - shame it didn't happen earlier in the quarter but this is going to have a significant impact on our current cash flow accretion. Hopefully it will keep creeping up along with the share price

[spellbrook] 19/12/2019 16:56

wti looking perkyyyyy

[sanmiguel1] 19/12/2019 16:33

I’ve bought in over the previous days. Very undervalued. Management aligned. Getting close to the 200 DMA, above which I expect fireworks! With some background reading I notice Simón Thompson at Investor’s Chronicle has written several glowing reports. Not sure how the share price ended up down here, but happy to snap some up!

[spellbrook] 19/12/2019 16:00

great reversal

[spellbrook] 19/12/2019 15:26

good volume again

[mark10101] 19/12/2019 13:24

The market is full of surprises, let’s hope for a positive one.

[princebuster2] 19/12/2019 12:22

Oh goodness fella i do not. Im hoping for 15p and then i will be done i think..best i can hope for.
20p plus in a year 18months? Maybe? but I cant wait that long unfortunately. I remember summer 2017 it was stuck at 12p..then September/Oct hit 21p..i just dont see that happening again..confidence low with this company after placing.

[mark10101] 19/12/2019 12:10

PB, do you anticipated a spike from here, maybe to 20p plus?

[princebuster2] 19/12/2019 12:03

My b/e is 17.5..like nocents tho ive had to sell each month recently and couldn’t have come at a worse time as the share price has dropped each month too and as a result has massively reduced my holding. I admit no one to blame but myself but still, i did not expect such a disastrous fall of the share price here.

[mark10101] 19/12/2019 12:03

Yes, 250k is not a PI trade normally so hopefully the sign of accumulation now.

[spellbrook] 19/12/2019 11:57

nice 250k buy to mop up some of the sells

[nocents] 19/12/2019 10:08

Actually Sleveen I think so. I think there is one person in particular who has taken mighty profits from TXP and reinvested in mega-buys in Trin. I suspect others have too.
I think the potential that TXP has shown has brought attention to T and T oilers too. So I would actually say yes. Nothing has changed re. Trin as a company so the buying has to have explanation.

[spellbrook] 19/12/2019 07:32

Sleeven, I think the trades have been to large to be piggy backing off txp