Tullow Oil Share Discussion Threads

[umitw] 09/12/2019 14:38

I'm not in TLW, but the Fall is overdone IMO.it's probably due to hedge funds shorting & the fund managers selling off.

[w1ndjammer] 09/12/2019 14:36

Onboard at 43.5 lets see, almost bought a few days back

so got lucky....

WJ.

[datait] 09/12/2019 14:36

For what im about to receive may I be truly thankful amen hehehehe

[urbanvoltage] 09/12/2019 14:35

Took a boredom trade,don't follow the company stop loss 37p...would be nice to see an opportunistic share buy back...

[datait] 09/12/2019 14:34

Dont panic shorts will soon rush to close out.

[whites123] 09/12/2019 14:34

hermanngoring9 Dec '19 - 14:29 - 36195 of 36197
0 0 0
"The Group also expects to deliver free cash flow of c.$350 million, has liquidity headroom in excess of $1 billion and no near-term debt maturities."



Company is lying when it says this

OK.... Lets say I were to believe you Hermanngoring..

These are the credentials of the person who said that.. Ms Thompson CBE

hxxps://www.bankofengland.co.uk/about/people/dorothy-thompson/biography

This is the person you are saying is lying..
Maybe for balance then we could have a read of your credentials??

Thanks in advance.

[jnbrw] 09/12/2019 14:32

seen it all before here will be further deterioration in production and debt reduction targets will not be met. I expect another 2 profit warnings in the months ahead, and probably a rights /fundraise in 2020 imo

[charlesjames1] 09/12/2019 14:32

Well I was in a 46p thinking I’d got a bargain. No idea now.

[datait] 09/12/2019 14:31

Yaz & The Plastic Population "The Only Way Is Up" Almighty

[hermanngoring] 09/12/2019 14:29

"The Group also expects to deliver free cash flow of c.$350 million, has liquidity headroom in excess of $1 billion and no near-term debt maturities."



Company is lying when it says this

[whites123] 09/12/2019 14:29

Reasons for decimating the share price by 70% currently.

The Group expects 2019 full year net production to average c.87,000 bopd.
The Group also expects to deliver free cash flow of c.$350 million.
The group has liquidity headroom in excess of $1 billion and no near-term debt maturities.
2020 Group production is forecast to average between 70,000 and 80,000 bopd.
Group production for the following three years is expected to average around 70,000 bopd.
The non-operated portfolio is performing well, and production is expected to be sustained for the medium term.
The audits show increased oil reserves for Jubilee, Ntomme (offset by a c.30% decrease in Enyenra reserves)
The Board believes that a series of actions will help deliver sustainable free cash flow.
"Despite today's announcement, the Board strongly believes that Tullow has good assets and excellent people capable of delivering value for shareholders. (Announced at share price of £1.40)
The drilling of the Carapa-1 well on the Kanuku Block in Guyana continues, with a result expected before the year-end.

Hmmmm Yes, thats got to be reason enough for decimating the share price by 70% today..

[datait] 09/12/2019 14:29

come on baby up you go.

[datait] 09/12/2019 14:29

floor has been and gone

watch and weep if you have missed the boat.

[mirabeau] 09/12/2019 14:28

Just be careful ffs

[datait] 09/12/2019 14:27

No way shorts will be rushing to close out as we go into the late afternoon.

[jnbrw] 09/12/2019 14:27

lol - looks like it is unable to find a floor yet

[datait] 09/12/2019 14:27

He is no fool he is no different from any of us we are all out to make a fast buck.

Not nice to see anyone losing money.

[hermanngoring] 09/12/2019 14:26

Broker sets fair value at 21p

[datait] 09/12/2019 14:25

Relax ride the waves all good from here.

[whites123] 09/12/2019 14:23

hermanngoring9 Dec '19 - 14:22 - 36180 of 36181
0 0 0
Bust within 6 months. Debts can't be serviced.

Pathetic....

Honest to goodness, pathetic....

"The Group also expects to deliver free cash flow of c.$350 million, has liquidity headroom in excess of $1 billion and no near-term debt maturities."

[hermanngoring] 09/12/2019 14:23

I have therefore added another token gesture £60k at .5775 and £20k @ .575 which has bought my average down to a figure which I believe will easily be surpassed.




bloody fool

[datait] 09/12/2019 14:23

whites123 I hope it all comes good for you I honestly do.

[chesty1] 09/12/2019 14:22

Market pencilling in more bad news.....