Tullow Oil Share Discussion Threads

[datait] 09/12/2019 22:50

I'm looking forward to another top up.

[iamgreat1] 09/12/2019 22:49

People are in for a shock tomorrow .......

[datait] 09/12/2019 22:49

Keep filling your boots and big knickers this is now well over done

I'm now in ffs 😂😂 help

[watfordhornet] 09/12/2019 22:35

Tbh - these guys obviously new the dire situation. They have to announce to market as soon as they know info. I very much doubt they woke this morning and thought we have a problem. They have certainly breached director rules

[deltalo] 09/12/2019 22:35

What are there assets worth compared to the debt?

[francoismyname] 09/12/2019 22:23

Too risky here.

Those who got in today at 70-40p are now effectively long term holders as they probably bought hoping for a quick 10-15%.

Those people will be pleading for us all to buy in to take the baby off them.

3 billion debt will lead to no shareholder value here in time.

[the stinger] 09/12/2019 22:02

whites123, wasn't it Thomas cook who was an oil producer and exploration company, with valuable assets and revenue coming in?

[captain james t kirk] 09/12/2019 21:55

whites 123
"Not one to split hairs, but (We are still awaiting results from TLW after nearly 4 months in the case of Jethro.)
Its not actully... its 3 months next week... Although 3 months is 2 months to long.."

I agree, you are not splitting hairs, just getting your JOE's mixed up with your Jethro's.

[sapper2476] 09/12/2019 21:54

In fairness so do I.

[tsmith2] 09/12/2019 21:52

A bit like metro

[sapper2476] 09/12/2019 21:42

Have you got a list of some skeletons or as I am guessing you are indeed just spouting nonsense.

[teamwork1] 09/12/2019 21:19

Don't forget the same was said about Thomas cook

[90005nelson] 09/12/2019 21:18

Bought in today with a very decent chance of multibagging from these levels.

[drkhalidm] 09/12/2019 21:17

Panic driven selling, margin calls, over leverage, stops, divi hunters selling, combine together you get a day like today.Let the dust settle and some rationale thinking kick in, buy when others are in fear as Buffett would say

[stupmy] 09/12/2019 21:13

GW stuff like what you've posted, together with the apparently precipitous departure of CEO/CFO leaves niggling doubts about whether TLW mislead the oil community.

[r9505571] 09/12/2019 21:12

From Align Reaearch... Taken a decent sized punt on Tullow Oil #TLW last few hrs. Cannot square price reaction excessivity with RNS of this morn. Looks like a sitting duck for Total or one of numerous other majors to us. Also, Carapa results due in days seemingly, risk is skewed to upside at this level

[drkhalidm] 09/12/2019 21:12

Not really, Afren ceo sentenced to 30 years for fraud and money laundering, hardly comparable to bad performance and missed guidance

[bspgamer] 09/12/2019 21:07

This could be another Afren, very similar story unfolding

[gwr7] 09/12/2019 20:39

Written by an oil expert after the first discovery...

"This is a substantial discovery made more important by the high value nature of the barrels it will produce and in a stroke de-risks a lot if not all of the Orinduik Block. The fact that it way exceeded pre-drill estimates does credit to the high quality seismic and the development should be simply done with little appraisal and low cost wells."

[hermanngoring] 09/12/2019 20:29

much further to fall