Tullow Oil Share Discussion Threads

[inv] 10/12/2019 07:53

will bounce today

[keya5000] 10/12/2019 07:51

Nope just a factual reply to the Afren comparable.

This should reduce debt by c$1bn.

hxxps://www.standardmedia.co.ke/business/article/2001351974/uganda-reaches-deal-on-tax-dispute-paves-way-for-tullow-stake-sale

[jungmana] 10/12/2019 07:47

Good luck. Usual reply from those who bury there heads in the sand

[sharekitchen1974] 10/12/2019 07:45

Ted Baker CEO, chairman step down; outlook cut, dividend suspended another one down today

[keya5000] 10/12/2019 07:41

Oil was around $30 a barrel during the Afren failure and its balance sheet was full of holes that had been clear frauds.

Not a good comparable. Nice try though

[jungmana] 10/12/2019 07:38

Just as a comparison AFREN had production of about 32k bopd and went under due to falling oil price as could not service $1.6bn of debt.Tullow's future is dependent more on the price of oil than anything else. Just be careful here , some of us carry the scars from AFREN.

[hawkind] 10/12/2019 07:37

Some people mate, say it as they see it! I was in ECO and got out, and monitor the situation. I am neither short or long. Its good to watch reactions for experience when one is not emotionally invested to see the wood through the trees. Then when in the same situation I can act accordingly on what someone should really do. Here it is get the fock out now! Watch and monitor and re-enter if the story changes. For now preserve your capital

[wardy333] 10/12/2019 07:36

Very large U/T at close Yesterday.

[wardy333] 10/12/2019 07:36

Very large U/T at close Yesterday.

[dlewis1] 10/12/2019 07:34

Exactly what I said yesterday and some were not pleased with what I said but that's the reality of it. Some will bury their heads in the sand but that doesn't change reality. There's been bad news after bad news and key management changes is a significant indication that things could get worse before it can get better if it gets better.

[likya123] 10/12/2019 07:34

3 billion debt will give you zero pence.

[sharekitchen1974] 10/12/2019 07:33

Morning all, nice to see everyone come out to play again today, lets see how low this can go, 10p would be a nice entry price but I doubt I will be that lucky, but you never know with all this scare mongering at play

[redhammy] 10/12/2019 07:32

Doomsters out in force early today, wonder why?

[hawkind] 10/12/2019 07:31

Unfortunately some will look past the 3billion debt and see it as investment opportunity and buy in. They will lose it all, this is going into liquidation! Pence not pounds

[stupmy] 10/12/2019 07:30

Whites, sorry sloppy post to say CFO. I had you on filter and didn't see your response until it appeared in the 'featured posts' section. Will take you off filter. As that's a perfectly reasonable comment.
Sorry for your losses, you stated it was a small trade, but that must hurt on some level.

[wardy333] 10/12/2019 07:27

Wonder what will happen today here??

[oakville] 10/12/2019 07:25

Just too much debt to service ! It is in a never ending spiral.

[hawkind] 10/12/2019 07:17

Likya, debt closer to 3 billion! Yikes.