Tullow Oil Share Discussion Threads

[sawadee3] 04/2/2016 08:16

Legendary year for the easy money chaps!

Happy days :-)

[rustle2] 04/2/2016 08:13

How about an oil price graph in the header anyone?

[bookbroker] 04/2/2016 07:57

Everyone talks about the demise of oil, that is too far-fetched, do you really believe that global warming will convince people entirely, and battery technology may be advancing at a rapid pace, but I don't see it as that accessible in emerging markets like Africa in terms of motor vehicles, think charging for instance!

[spirito] 04/2/2016 07:52

Huge advances in battery technology will start to erode oil demand in the not too distant future.

[ny boy] 04/2/2016 07:50

Holmes,

150p support has held quite well so far, crude is basing out somewhere mid $20's, still early days but plenty of time to go long once a new trend direction has been confirmed.

[hearts1] 04/2/2016 06:57

NB, let's hope he's having a bad year! From what I have read he's betting on China to drop badly, so probably a bet that oil doesn't recover.http://uk.businessinsider.com/odey-asset-management-could-suffer-from-sainsburys-home-retail-group-takeover-offer-2016-1

[gersemi] 04/2/2016 06:54

Oil just popped again

[volsung] 04/2/2016 06:42

Read back a bit on the TLW BB holmess and you will find I bought TLW shares yesterday morning. Not totally convinced the bearish trend is over but I know nothing goes up or down in a straight line.

[betelgeuse1] 04/2/2016 06:29

One morning we will wake up and it with have an A saying "the company has a bid approach" and it will be up 130p

[holmess] 04/2/2016 06:20

A lot traders on the wrong side of oil as we know from the posters on this BB - more rumours of an OPEC meeting later today. Oil up overnight as is Dow - ftse futures indicating +100 at open.....No doubt NY Boy, Voldung et al will be posting about what happened about their bearish oil predictions ;)

[nicebut] 04/2/2016 06:09

Odey increased to 3.9% on 1st Feb...Are they increasing into the results? What do they know? Or have they just not banked on the PoO reversal?

[jovi1] 03/2/2016 23:35

leone it may still happen but i hope not.
that is why i never sell on bounch as eventually if dont drop is harder to buy and ultimatelly miss out of the bigger gain.
good luck.

[leoneobull] 03/2/2016 23:08

35.44 us. I am going to sue ny boy. He promised me a 1£ entry on tlw. Odey will be throwing in the towel before you can count to TEN

[hearts1] 03/2/2016 22:26

Brent futures still going higher, may test recent highs Thursday.

[mcsean2164] 03/2/2016 20:29

However, what are the implication for Tullow?

There are 8 oil fired power stations in the world with an output above 50mW listed in wikipedia.

Station Country Location Capacity (MW) Ref
Coleson Cove Generating Station Canada 45°09′13″N 66°12′11″W 1,050 [1]
Holyrood Thermal Generating Station Canada 47°27′10″N 53°05′43″W 490
Kashima Power Station Japan 35°52′47″N 140°41′22″E 4,400 [2]
Mount Stuart Power Station Australia 33°23′36″S 149°58′14″E 414 [3]
Oi Thermal Power Station Japan 35°36′54″N 139°45′24″E 1,050 [2][4]
Penny's Bay Power Station China 22°19′15″N 114°02′31″E 300 [5]
Surgut-1 Power Station Russia 61°16′46″N 73°29′20″E 3,268 [6][7]
Whirinaki Power Station New Zealand 39°22′34″S 176°53′36″E 155

I expect, that even if the eight power stations shutdown, it would have a negligible impact on consumption.

[mcsean2164] 03/2/2016 20:23

Really interesting post cat100

Looking forward to getting one of these in my car,



This'll turn the tables on on those tailgating audi's!!!!

[hearts1] 03/2/2016 20:01

Hi, yes the oil futures are far to volatile to second guess or for PIs to trade.TLW is volatile enough! Should be a good day tomorrow if oil holds its gains.

[holmess] 03/2/2016 19:15

Evening hearts1 - oddly those same posters have been very quiet today ;) - They need to learn the simple lesson - don't try and fight the market or hold a fixed position, just go with the flow, up or down.

[hearts1] 03/2/2016 19:07

Looks like those thinking Brent will fall back to sub $27 are going to be ' caught short ' Last year shorts would have hammered down drops like today, but instead they are closing quickly.

[volsung] 03/2/2016 17:12

Brent looking very buoyant. If the Asians don't ruin things marketwise could be quite pleasant tomorrow.

[volsung] 03/2/2016 16:48

Weak dollar

[volsung] 03/2/2016 15:59

TLW get your act together. Oil is doing nicely