Tullow Oil Share Discussion Threads

[knowing] 09/12/2019 17:57

amaretto spell it out with your simple math then please.

[oakville] 09/12/2019 17:52

As I stated this morning at 65p. This does not HAVE to rebound I see less than 20p

[drkhalidm] 09/12/2019 17:50

They saved a 100m by axing dividend, which is the right thing to do, plus reduction in capex, assets still hold value and they have some good partners so personally can't see this going bust, sale of Uganda assets will come soon I think

[shinnas] 09/12/2019 17:46

Was up in profit at 62p... but could no believe the shock ...at 45p... and lost 2K... very difficult to bowl out when you expected it to do at least some recovery...

[redhammy] 09/12/2019 17:46

Look at all these experts, able to predict the future and passing on their fantastic knowledge, and nothing in for them.........

[amaretto1] 09/12/2019 17:42

As it hell got it wrongIt's a very good chance of going bust !! Simple maths can see that.

[knowing] 09/12/2019 17:38

kibes so the market always gets it wrong as you could say:

A drop in guidance of 14% wiped 70% off the value of the company after already dropping 25% following the ECO update.

[croasdalelfc] 09/12/2019 17:35

#TLW even after today's massacre EV/flowing barrel circa $42k and rising to $48k . No DIvidend#PMO EV/flowing barrel circa $37.5k.No dividend #JSE EV/flowing barrel $21k and falling rapidly. - Dividend in 2020#PTAL Ev/flowing barrel $20k and falling rapidly - Dividend in 2020

[kibes] 09/12/2019 17:28

I don't hold this but just wondering if it is a bargain? Free cash flow next year $150 million so on a p/e ratio of 10 that would be worth a market cap. of say $1.5 billion. However, there is round about $1 billion of debt so subtracting that leaves $500 million, which would equate to a share price of around 27p. I don't think I'll be rushing in yet. And the market for other oil companies is dire at the moment.

[snoopy12] 09/12/2019 17:28

Sorry folks if you have been turned over. From the late trades reported it looks like big chunks being offloaded by institutions. Certainly does not look good at the open.

[theapplefreak] 09/12/2019 17:23

What's with all the aftermarket trades at 50,60,70p ?

[dealy] 09/12/2019 17:21

I only lost 3 grand on this today but I am in total.shock. This is a wake up call. I am going to hang up the trading gloves because there have been too many of these near death experiences over the last 2 years

[bigsi2] 09/12/2019 17:16

https://www.proactiveinvestors.co.uk/companies/news/908747/tullow-oil-what-does-boardroom-blitz-mean-for-small-cap-partners-908747.html

[rumobejo] 09/12/2019 17:11

too many ignorants today, truly deserved for the deaf, more of the same tomorrow...


rumobejo - 09 Dec 2019 - 09:45:33 - 35970 of 36448

Today is a liquidation day
50p 40p 30p etc

[whites123] 09/12/2019 17:09

Knowing9 Dec '19 - 16:56 - 36435 of 36435
0 2 0
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


$87 Down 12% on day..... Hardly the massacre there then....

[givememymoneyback] 09/12/2019 17:06

Too late to short it now; that ship has sailed, sunk and been washed up on the shore. Can it be refloated?

[bigsi2] 09/12/2019 17:06

YepFunds sold the equity as no longer income stock - Bonds only marginally down which means senior debt holders see no issue with getting paid

[squintyflinty1] 09/12/2019 17:06

How many shares do management hold.Will be a huge loss day for them as well.

[ammu12] 09/12/2019 17:05

See 20's at this rate

[givememymoneyback] 09/12/2019 17:05

No shorters showing on the FCA notices; this seems to have come out of the blue.

[knowing] 09/12/2019 17:00

tahmina they do not state a concern in the update. Short term it's a gamble as there are probably forced seller but i expect buyers and predators may mitigate this.

[i want a refund _i lost] 09/12/2019 16:58

CEO and COO got the chop. This will be turbulent for a while.

It's proper hammering for me today. Five figure lost, I should have cut at 62p with 7K-8K loss

[givememymoneyback] 09/12/2019 16:57

There must be a lot of devastated people here, looking away right now. I feel for anyone long here. Absolutely brutal day. I wonder how the remaining TLW management are going to react to this.