Tullow Oil Share Discussion Threads

[fuji99] 02/11/2017 16:06

Must stay above 190p otherwise back to the drawing board for the 200p level.

[nicebut] 02/11/2017 15:51

Well 11m isn`t retail is it?

I`m going for ii buying and we`ll get an holdings rNS in a few days, IMO

[spirito] 02/11/2017 15:47

Not but to say iis buying is unlikely

[mcsean2164] 02/11/2017 15:41

Volume not very low

[spirito] 02/11/2017 15:30

Volume not very high

[nicebut] 02/11/2017 15:11

Couple of heavily shorted stocks moving a little today- PFC, this- Perhaps some ii are finally buying in...Might make the shorts think twice...?

[fuji99] 02/11/2017 15:03

Breaking all recent highs and heading to 200p.

[nicebut] 02/11/2017 14:25

Yup good spot mariopeter. Thanks for sharing.

Nice rise- presumably a bit of PoO, yesterdays news on production and hey presto a bit of buying??

[5huu] 02/11/2017 14:22

That's a great find Mario. There is nothing not like in that report.Very importantly the head room they now have in their financing structure. This is only going one way now.

[spirito] 02/11/2017 14:07

results will be a red day

[leoneobull] 02/11/2017 14:04

Yes, but personally not keen on holding through results since I don't want to age prematurely lol

[gregpeck7] 02/11/2017 12:55

Come on Tullow . Wave farewell to 190 for good, this is silly.

[mercer95] 02/11/2017 11:08

This will break 1-90p soon & hold, buyers are piling in & sellers are drying up before next weeks TU

[mariopeter] 02/11/2017 10:30

Found this on the web-site.

See we are down to cash breakeven ....$8 oil.
FID on Uganda at year end and will add 24000 bopd when done (no cost in fact we get more cash on FID).
Net debt down from 4.9b last year to 3.8b at 30/6/2017 (raised 600m in rights so 500m from oil and Brent price was weaker then)
Production in West Africa to be boosted.

BTW trading update Wednesday coming 7am




Happy reading. Hate to be short !

[mcsean2164] 02/11/2017 09:53

mariopeter,

Interesting theory, can anyone with Level 2 confirm?

As gp7 rightly points out, PMO is breaking out and TLW is not... why?

[mreasygoing] 02/11/2017 09:38

Buy the dips.

[gregpeck7] 02/11/2017 09:22

Very strange share price movement. Pmo up almost 20 percent in a week and we have hardly moved!

[cheek212] 02/11/2017 09:20

I agree Mariopeter - this share remains firmly in the grip of the shorter who are slowly closing out their positions but without any major news, the low volume allows them to carry on slowly getting out without pushing up the price. The bad news last week saw a few of the shorters increase their positions which helped to drop the price to a lower level and now they are closing out again at around £1.85ish. More positive news and higher volumes will see the shorters lose some grip over the price but all they do then is ride out the initial jump in price and then wait for the volumes to drop off again and then they turn the BOTS back on and which them gradually pull the share price back down.

[mariopeter] 02/11/2017 08:33

If the price is 1.80-1.81 and you put a large buy order on at 1.75 the market will drift towards 1.75. It does not fill but if you keep doing that below the market price you restrict growth in the stock. Until a real down day and you close your short. Should a good day come along they keep manipulating the price. They only get burnt if the price moves significantly north and that is when big investors arrive. They ain't arriving here yet as we have big debts and Kenya is a little unstable at the moment. The increasing oil price will however kill them eventually and this will act like it was on an elastic when it happens.


I stand to be corrected but I do not have level 2 to confirm my thoughts.

The long term chart looks like a tulip chart. Prefer to be on the early side of those like Bitcoin now.

[nicebut] 01/11/2017 20:16

And clearly being shorted. Though dropped a bit on the 30th i.e. when it went down to 180

Fund % short change Date changed
AHL Partners LLP 0.76% 0.07% 27 Oct 2017
Capital Fund Management SA 0.79% -0.10% 30 Oct 2017
Key Group Holdings (Cayman), Ltd. 0.97% -0.03% 30 Oct 2017
Marshall Wace LLP 2.45% 0.13% 27 Oct 2017
ODEY ASSET MANAGEMENT LLP 1.48% -0.17% 8 Sep 2017
Oxford Asset Management 0.70% 0.01% 13 Sep 2017
Total 7.15%

[leoneobull] 01/11/2017 20:11

Brent down tonight

[mcsean2164] 01/11/2017 19:23

Does anyone know why we're not tracking the oil price?

[ayesha4] 01/11/2017 18:34

Should be bloody £3 - wtf is £2?