Tullow Oil Share Discussion Threads

[amaretto1] 09/12/2019 09:27

Not sure .... 70,000 bpd for 3 yearsNow very very reliant on oil priceWhich imo will fall dramatically.It's bust at under 60 .. imo.

[onedb1] 09/12/2019 09:26

Stumpy you know I agree here . One thing that should have been the clue was that gap down in early November . But I actually love it when people discount price action.

[frontdoor bull] 09/12/2019 09:25

A complete over reaction, stay put and ride the storm.

[datait] 09/12/2019 09:21

Many will get locked in with hope of making 10% or so only to realise this falls much further losing them far more.

[bones698] 09/12/2019 09:18

Well I did warn there was going to be worse to come and there we have it . Tlw is now in a death slide and in big trouble . Without stabilising production rates soon and hitting targets this could continue to fall even more . Always amazing how quickly companies implode due to awful management but then again this country is riddled with poorly run companies with Lisa poor managers . Only going to get worse as the snowflakes Mickey mouse degree lot start filtering through into such positions .

[amrishbhim] 09/12/2019 09:17

The conference call was more like fear of debt falling and for that reason it's been put up for sell, I know there said the right price, but even today prices valuation is still high, more likely a price point of 300 million be worth of the whole company's.

[nw99] 09/12/2019 09:16

Total maybe interested down here

[stoneme] 09/12/2019 09:15

Not a reason to suspend.The market will find the range based on the risk to the business. It remains a going concern, just the risk v reward has substantially changed.

[datait] 09/12/2019 09:13

I think they will have to suspend them as shorts are all over this.

[xxnjr] 09/12/2019 09:12

Name a number between zero and infinity, then change it every day.

[sleveen] 09/12/2019 09:12

From a stock market star to a dog.

WTF happened?

FWIW I hope you make back your losses elsewhere.

[datait] 09/12/2019 09:12

market makers will lock many in here then drop it again.

[datait] 09/12/2019 09:11

Done the right thing getting out now I should think.

[xxnjr] 09/12/2019 09:10

Comments about 'a culture of fear' at TLW HQ on the conference call.
Clearly a reference to McDade.

[amaretto1] 09/12/2019 09:09

I've not hit the buy !! Big possibility of going bust.

[montynj] 09/12/2019 09:08

Also Paul Kavanaugh talking about Total too

[teamwork1] 09/12/2019 09:07

I'm out made a loss of 7,800 really disappointed

[stoneme] 09/12/2019 09:06

What a mess . . Sorry for those holding. Feels like below 40p, maybe as low as 30p we will see a serious bounce. Not one to hold though, and certainly not for the fainthearted

[hoper2] 09/12/2019 09:06

With the amount of debt, dropping production and a significantly reduced free cash flow, it's hard to put a valuation on TLW. It's certainly not hard to see the share price going below 40p before the updates in Jan and Feb 2020. I know it's hard, but if I was holding I would sell now even at these prices.

[montynj] 09/12/2019 09:06

Total eyeing up for a bid.Strong rumours about this in the oil industry space