Tullow Oil Share Discussion Threads

[azalea] 02/11/2015 09:18

There is a price war going on at the pumps. BP -105p litre 95 octane.

[holmess] 30/10/2015 12:48

Sawdee - snap - happy for the bears to keep lining my pockets :)

[sawadee3] 30/10/2015 12:44

In spite of the doom n gloom surrounding commodities, Oilies have been my biggest money makers this year. Happy for the shakes and rallies to continue for as long as possible :-)

Up we jolly well go chaps :-)

[jacko07] 30/10/2015 11:38

IS are selling oil at $15 a barrel. Bloomberg are forecasting oil to be sub $30 a barrel by Xmas.

Forget the BS on here. Sell short or buy TLW January puts.

[n73] 30/10/2015 11:34

Speculations are it will attempt to break 211-220 before the release of earnings next week, and back to mid 150 testing the water or alternatively reaching 320-330 limit.Trickle down market policies are killing businesses world wide so more bad news along the way.Worthless cash is still the king.

[sawadee3] 30/10/2015 10:28

Up we jolly well go chaps, a day later than i expected but...here we go :-)

Happy days chaps :-)

[cricklewood] 30/10/2015 07:23

Go back to bed LOL.

[robwt] 30/10/2015 00:06

Uncle Sam is happy with oil at low prices. The middle east are hurting most. It may be a long time before Tullow are back at 300p.

[blueball] 29/10/2015 22:08

Its a sell down to 100p.

[jovi1] 29/10/2015 20:42

Jacko
True no one know what will happen in the future that is part of the risk of investing and my valuation is more on the many O&G company than Tlw itself.
There are very few company that can make profit, invest and pay dividend with oil under 70.
Production will start to fall with natural decrease in mature field and given the capex cost reduction new major project will not happen at previous rate.
Oil is like the tanker that transport it and take long time to change direction mostly due the timing to make assetts produce.
All this before considering the major increasing cost in borrowing in this industry for all new contract.
We are now at the point were it become less expensive buy assets that finding them clearly this will not continue.
True someone can came up tomorrow morning with something that make oil obsolete, unlikely but possible.
The more likely possibility is that oil will get back above 80 at that point just jubelee will be wort almost the current market capital with over a billion profit
Mid 2016 with ten in production will more than double the profit
Clearly there is a risk you loose all your money but for me will not be a middle ground here or this will get back to £10 and well over or we will get noting at all,
Here is why I do see major opportunity in oil as sector and I always suggested to have 5 or 6 oil share as only 1 winner we get you even in few year
Maybe I am very wrong but in all the oil crises this as been my strategy and always paid off........so far anyway
Good luck

[leoneobull] 29/10/2015 20:39

One thing is for sure. Lukoil should secure cheap rigs for etinde.

[jacko07] 29/10/2015 15:00

Having a bit of a laugh reading some of these posts.

I have been trading oil stocks for years and I will guarantee one thing...nobody knows if TLW will be £10..10p..or diddly squat in the future. I have had a few trades in TLW and I can't complain, it was reminiscent of the years I paid my kids school fees from LASMO.

Being superstitious, I would ask..please don't jinx this share with silly bull or bear forecasts. No one who counts will take any notice!

[wookie77] 29/10/2015 14:12

Oil breaking higher and evidence dips here are being bought into. think we will be retest recent highs soon enough.

[azalea] 29/10/2015 12:48

jovi1
No. However I wish ever investor in it, the very best of luck. FY results, should provide an informative picture on where its heading in the medium term.

[frazboy] 29/10/2015 10:04

Anyone know what interest rate, TLW pay on their RBL facility?

[jovi1] 28/10/2015 20:44

Azaelea i take you dont believe in TLW will one day be a £10

i start to buy in tlw and soco in the late 90s 15k each at average 73 and 78 and i keep buing them £75 each month until 2009 and sold most between 14 and 15 for tlw and average over 30 for soco.
i will sell tlw in 2021/22 and i am sure will be above £15

[cricklewood] 28/10/2015 20:34

When posting a link, replace the http with HTTP

[holmess] 28/10/2015 20:32

WTI continuing to rally after hours - currently up 6.5% on the day

hxxp://www.investing.com/news/commodities-news/wti-oil-futures-soar-4-after-bullish-u.s.-supply-report-368463

[sawadee3] 28/10/2015 20:14

Yup agreed with holmess. Easiest money to be made with TLW! i don't understand the bears doon n gloom at all but it does raise a smile while i'm loading up on the cheap :-)

Tis much better than having to work for a living :-)

Looking forward to these opening up higher in the morning :-)

[holmess] 28/10/2015 17:51

Hi Azaelea, TLW! Obviously you're not good at reading charts ;)

I've just gone back through my recent trades in Excel and I bought £30k TLW at 158p on 29/09, then sold them at 265p on 9/10, so that's actually 11 days, giving a profit per share of 107p, which as %age of my 158p buy price represents a return of 67.72% - I think that's a fairly strong case to show just what a load of cobblers the bear case is. While you and the perma-bears have been calling down the price I've just been trading the technicals - you should try it, you might make some money, you were calling oil lower at 158p - how did that work out for you?

£10 isn't fanciful at all. I think that's actually on the low side, more like £25 in 3 years when the PoO will be back around $100 a barrel, but I'll settle for £10 with the LTBH position I'm building on weakness in my SIPP.

[cricklewood] 28/10/2015 17:22

Big jump today.

[cricklewood] 28/10/2015 17:16

I would settle for £15 for a cool £100k profit.

[azalea] 28/10/2015 16:56

holmes
What oiler/s have given you a 60% return on your capital in the last 6 weeks. Giving a price of £10 for TLW in 3 years is just fanciful; why not a bid for £15 next week.

[sawadee3] 28/10/2015 15:32

Easy money :-)