Trinity Exploration & Pr... Share Discussion Threads

[princebuster2] 15/9/2020 10:22

Same old..results come out share price drops! I did tell y’all thats what happens with trin but was shot down for it!!

[sleveen] 15/9/2020 10:12

mm

LOL


Thread set up under TRIN

[sleveen] 15/9/2020 10:10

A thread for those with a realistic view of TRIN.

[astorcourt] 15/9/2020 09:49

Mr Sleveen has kindly volunteered to update and cosmetically improve the other thread.

Those who frequent that thread are soliciting ideas for a thread title and all inputs welcome. Thank you kindly.


CAZA

[marvelman] 15/9/2020 09:39

The last sentence sold it for me Sleveen :-))

[pavey ark] 15/9/2020 09:33

astrocourt, if the price were to rise considerably I am certain that someone with the good grace of HH would not make any reference to your sale at a much lower price and I'm equally sure you would slink off without comment.

I think we can all appreciate the difference here.

[pavey ark] 15/9/2020 09:28

just to clear the "tax charge...$2.6m"is NOT money that TRIN has paid as tax.
Trin has a large tax credit that is obviously related to the price of oil or at least their profit is.

If the price of oil goes down the tax credit is worth less and shows as a charge on the accounts.

The bottom line is distorted by this charge.

[astorcourt] 15/9/2020 09:14

still a day to go, but i wager the expectations will not be met.


HamiltonHill - 09 Sep 2020 - 12:00:37 - 8920 of 8946 Trinity Exploration & Production 2018 - TRIN


I’ve just bought another 95,479 shares for a price that is significantly lower than I expect it to be this time next week.

[aimmafia] 15/9/2020 09:10

Well there was 2 sellers - absolute wallys

[mark10101] 15/9/2020 08:27

Who would sell after that update, if ever there was a tree shake type event then that looked to be one.

[bad gateway] 15/9/2020 08:26

Not surprising imo. Makes the early drop look a little cheeky.

[pavey ark] 15/9/2020 08:12

This is where it start with every set of results:

Cash plus Working Capital Surplus

Cash plus working capital surplus calculated as Current Assets less Current Liabilities (excluding Provisions for other liabilities) increased by 25% to USD 21.7 million.
That is some result under the circumstances.

wwick, great info.

[mark10101] 15/9/2020 08:11

AIM, in the past down on open is better than up on open and then down to negative for the day. See how the days pans out, history shows it could still be a very good day, certainly given that update and tonight presentation.

[aimmafia] 15/9/2020 08:10

Will double from here

[aimmafia] 15/9/2020 08:09

Yes it doesn't make sense. Very undervalued

[sleveen] 15/9/2020 08:08

I'd be happy to set up a new TRIN thread with graphs etc to replace this thread.

Let me know by ticking up this post :-)

PS Bickering welcome.

[mustbefunny] 15/9/2020 08:07

It is and it is

[avsome1968] 15/9/2020 08:05

None to buy online though but will take 200k

[sleveen] 15/9/2020 08:05

Well if it's not SPT it's income tax that separates TRIN from its profit.

[bad gateway] 15/9/2020 08:05

Is the mcap correct at £30m? Seems at odds with the cash position and the newsflow?

[aimmafia] 15/9/2020 08:05

How can we be down 5% on those results? Are the MMs on a windup?

[aimmafia] 15/9/2020 08:00

We must have 23 million in the bank as of today

[mark10101] 15/9/2020 07:59

Good points PA. On your post yesterday TGAL looks to be being worked up as a nice packaged project, but with no rush. That is great as far as I am concerned, now these other interests have been announced.