Tullow Oil Share Discussion Threads

[tahmina1] 09/12/2019 16:57

knowing - precisely. The level of debt was known but the current ability to service the debt was the issue

[bmnsa] 09/12/2019 16:57

9 Dec '19 - 16:52 - 36431 of 36436
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'Everyone is pushing the debt but it was known when the price was £1.37. Go and read todays news again and understand it a little better.'



Why so many walked then!!!

[knowing] 09/12/2019 16:56

Are the Bonds still only down 3.5%? This is the usual sign relating to the health of a company so if the drop in Bond value is minor looks like the equity sell off is a bit overdone

[i want a refund _i lost] 09/12/2019 16:55

That sell bot was relentless.

[i want a refund _i lost] 09/12/2019 16:54

Dip my toe in 67,

then put my foot in at 58p

Goolies got smashed and lost one ball sub 50p

£24.6K loss

[givememymoneyback] 09/12/2019 16:54

If I'm reading this right, the current p/e based on last yr's revenue is about 0.3

Not even 1. Not even half of 1 year's earnings. That doesn't feel right. Did everyone in the world buy an electric car today and cancel any flight plans?

[knowing] 09/12/2019 16:52

Everyone is pushing the debt but it was known when the price was £1.37. Go and read todays news again and understand it a little better.

[givememymoneyback] 09/12/2019 16:50

So revenue last yr was $2bn. What's projected for next yr?

[stupmy] 09/12/2019 16:48

google finance showing 68p. How does that work. A minute ago it was 39.9!

[givememymoneyback] 09/12/2019 16:47

2bn in debt; how much oil do they sell in a year?

[givememymoneyback] 09/12/2019 16:45

I'm really surprised by this. 71% drop from the interim chief exec's announcement. I think we've just seen an oil-covered swan. Think of the big ones; BP Gulf of Mexico; Dave whatsisface at Tesco; Thomas Cook; the VW diesel scandal... none of them managed over 70% down in a single day. If Tullow isn't completely bust, this has to do one hell of a dead cat tomorrow.

[monopoli44] 09/12/2019 16:45

how can they loose71.8% is just un real/

[m5] 09/12/2019 16:40

I am expecting a dip first thing as punters panic having been at work today and then the press etc. Must be due a bounce but just timing, pure gambling really. Sorry for all those long termers, real kick in the nuts.

[bmnsa] 09/12/2019 16:40

DATAIT

How is 'THE Gatwick GUSHER' doing these days?

[iamgreat1] 09/12/2019 16:40

Expect 30p tomorrow

[heialex1] 09/12/2019 16:39

Wow...I bought some Afren at 10p as a punt a sold at 4p.I bought some PMO at 25p just as they were about to be suspended and sold at 140.Of those two scenarios, which way will TLW go?

[flawlesskicks] 09/12/2019 16:39

I would say that fruits have presented themselves. Took £5k at 40p as a start.

[zztop] 09/12/2019 16:38

Every shareholder is loosening money atm.Unusual in a company.

[xxnjr] 09/12/2019 16:38

UT 12.5m 39.94p

[leoneobull] 09/12/2019 16:37

Production cuts, criminal how there have been about 3 and today, the kitchen sink

[escapetohome] 09/12/2019 16:37

Whilst financial performance has been solid, production performance has been significantly below expectations from the Group's main producing assets, the TEN and Jubilee fields in Ghana.

[goblin99] 09/12/2019 16:37

Time will come to refinance, could go lower until there is clarity. FCF has been clarified, POO a factor. This reminds me of the dark days of pmo, a few similarities. The upside will come, but for the patient, the next few days/weeks will be volatile, but fruits will present themselves