Tullow Oil Share Discussion Threads

[5huu] 09/12/2019 16:10

Peel Hunt recommendation was in November. Not today.

[rumobejo] 09/12/2019 16:09

the smart ones who will cut loss now

DO NOT HOLD OVERNIGHT

IT IS GOING DOWN DOWN DOWN

[costax1654x] 09/12/2019 16:09

Shouldn't be suspended?

[whites123] 09/12/2019 16:08

Hawkind9 Dec '19 - 16:03 - 36313 of 36317
0 1 0
Oh Whites, i cannot help you see past your confirmation bias. That's the issue when you are invested. You hold on, despite the facts. I have done it myself.

Not just held on but purchased more almost continuously throughout the day.
Well down, but a decent CEO appointment. Commercially viable heavy oil.... Carapa sweet oil find..... Asset sale.... anyone of these could quite easily project me to break even... 2 of them could quite easily see me in positive territory..

One thing I never do is follow the herd when they have no compelling reason...

"Despite today's announcement, the Board strongly believes that Tullow has good assets and excellent people capable of delivering value for shareholders. We are taking decisive action to restore performance, reduce our cost base and deliver sustainable free cash flow."

Announced when the share price was £1.42p

[5huu] 09/12/2019 16:08

Someone is accumulating a lot of shares......

[rumobejo] 09/12/2019 16:07

50p RIP
40p RIP
30p hip hip
20p
10p
etc

[stoneme] 09/12/2019 16:07

Took some more 39pish

[tomboyb] 09/12/2019 16:07

Acertain time -

Will watch now for a trade opp - -

[andyalbiston71] 09/12/2019 16:07

I predict a blue finish ... 23 minutes to go..., COME ON :)

[thegreatgeraldo] 09/12/2019 16:06

Non-operated W African ops chipping in c $400 mill in annual revenue...what are the reserves/netbacks like? Might chip in some useful cash if sold towards debt repayments.....

...Still, that's for another day, shorters & day traders in charge at the mo

[american idiot] 09/12/2019 16:06

I mean...$2.9 BILLION of debt and they were still paying dividends ??

What the f..... ?

The directors should be struck off for reckless negligence.

[theapplefreak] 09/12/2019 16:05

I take it back. She's not going quietly.

[ohdearohdearohdear] 09/12/2019 16:05

Well. I thought 40p would break tomorrow. But it has already gone. Heaven knows what price this will touch tomorrow. 25p?

[knowing] 09/12/2019 16:04

Keep it up rumo seen you do this on many stocks and I have picked up some nice bargains

[theapplefreak] 09/12/2019 16:03

Now you can call it. Shame. Figured it would hold.

[hawkind] 09/12/2019 16:03

Oh Whites, i cannot help you see past your confirmation bias. That's the issue when you are invested. You hold on, despite the facts. I have done it myself.

[whites123] 09/12/2019 16:03

hermanngoring9 Dec '19 - 15:57 - 36305 of 36309
0 1 0
This will go bust within 6 months. >$1 Billion headroom

Declining production..... Increasing production non TLW operated licenses

Debts not servicable..... Debt serviceable at $60 Hedged production at > $65

Busted flush....... I think this is a Poker (Gambling term)

[davidblack] 09/12/2019 16:02

Bought this at 25p in the mid 90s, never thought it would ever be back in the ball park again.

[knowing] 09/12/2019 16:00

Peel Hunt 09/12
Reiterates
Add
Add

[whites123] 09/12/2019 16:00

m59 Dec '19 - 15:56 - 36300 of 36301
0 0 0
Level 2 looking a mare.


I couldnt agree more... But its all PI's..
Madness.. pure and utter madness, allowing momentum to dictate investment decisions.
Crazy... This technology is wonderful but o so dangerous when this sort of thing happens. Millions made and lost at the push of a button or an algorithm choice.

What would really put some icing on the cake is good... neigh, great news from Repsol regards Carapa .... That would really change the field...

[tomboyb] 09/12/2019 15:59

STOP set at 40p -

see if it breaks and then ascertain -