Tullow Oil Share Discussion Threads

[jnbrw] 10/12/2019 12:03

Trust takes a long time to build amongst the investment community but can be very rapidly destroyed

[whites123] 10/12/2019 12:01

JNBRW10 Dec '19 - 11:57 - 36813 of 36814
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Whites - all historical. But funds/ii's which invest for income dividend may be looking to exit. Also loss of trust may make many reconsider their future relationship...


And if they do decide to exit they will follow the correct process and procedure and attempt to establish an orderly exit from their holding. Seeking to find a buyer for the stock they wish to sell.
They will then notify of any change via the Regulatory News Service.
They will not however, rush along with the herd of PI's selling for no known viable reason.
Every piece of data is historical.

[whites123] 10/12/2019 11:57

Crossing_the_Rubicon10 Dec '19 - 11:53 - 36808 of 36810

"Or When" implies it will happen..
Perhaps you could have just left it as "What are current assets valued at" and what degree of discount is being applied to the current share price if we factor in debt etc.

[jnbrw] 10/12/2019 11:57

Whites - all historical. But funds/ii's which invest for income dividend may be looking to exit. Also loss of trust may make many reconsider their future relationship...

[crossing_the_rubicon] 10/12/2019 11:57

@Sapper

Who said it is distressed?
I didn't.

It might well become so, if POO falls/Bankers refrain from extending credit, but, currently, it clearly isn't...

[intheknow69] 10/12/2019 11:53

Posted on LSE. Did think it strange after the con call yesterday.

[whites123] 10/12/2019 11:53

sludgesurfer10 Dec '19 - 11:31 - 36801 of 36802
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Whites,

You overplay the part of the "PI". They are meaningless.

The institutions dumped massive volumes of stock yesterday because they'd lost trust in Tullow after the third downgrade.

We will have to agree to disagree.
Total volume changing hands yesterday was 14 million shares(I may stand corrected as I am now working from memory)
This equates to 7 million sold, 7 million purchased.

Major shareholders "Dumped Massive" is now decimated as a reasoned argument.

Standard Life Investments Ltd. 85,111,645 6.06%
M&G Investment Management Ltd. 82,453,785 5.87%
RWC Asset Management LLP 71,022,015 5.05%
Genesis Investment Management LLP 69,349,236 4.93%
IFG International Trust Co. Ltd. 58,838,104 4.19%
Dimensional Fund Advisors LP 53,955,269 3.84%
Invesco Advisers, Inc. 52,425,949 3.73%
AzValor Asset Management SGIIC SA 45,533,489 3.24%
The Vanguard Group, Inc. 45,379,751 3.23%
First State Investment Management (UK) Ltd. 39,029,060 2.78%

That is a list of major shareholders: Note there has been no RNS stating reduction or accrual. So where has, as you state "The Massive Institutional Dumping" come from?
I will suggest a more believable situation may be that we may see some Insti's adding as majority (Leave trackers out of it) of funds, do not act as PI's do which is on the spur of the moment decisions. They will have analysts which will be projecting fair value at the same as we are seeing quoted, £1 to £2 region.

(Leave most of forum explanations where they belong, along with the "MM's wont want to hold this over the weekend... LOL.... Lots of forum statements make me laugh)

[sapper2476] 10/12/2019 11:52

Twitter.... So it must be true !!!!! :)

[ratpat999] 10/12/2019 11:49

Where did you glean that info from in the know

[datait] 10/12/2019 11:45

Im happy to watch for now this is never a good time of day to stay in. My opinion.

[datait] 10/12/2019 11:45

Hope you make a profit today folks even reduce your losses

[intheknow69] 10/12/2019 11:43

Apparently there’s a web cast at 12pm. Anyone else heard this? If so....where?

[umitw] 10/12/2019 11:35

It is a profit if he is shorting! -:)

[sludgesurfer] 10/12/2019 11:31

Whites,You overplay the part of the "PI". They are meaningless.The institutions dumped massive volumes of stock yesterday because they'd lost trust in Tullow after the third downgrade. They simply don't trust the company any more. If the oil price remains at these levels and they don't write down Ghana reserves and they improve uptime and gas takeoff then they will get themselves on a sure footing. If they don't, they are very much distressed imo.

[datait] 10/12/2019 11:29

I never bought at 58p it was white who bought that check it back he bought 80k worth 57.5

I was in at 50.78p 47p and 38.25p

[tez123] 10/12/2019 11:28

Stop feeding him.

[jnbrw] 10/12/2019 11:27

Datait- so you taken a large loss? What about your 58p buy from yesterday? Complete wind up merchant. Let's hope none on here are actually following him/her.

[datait] 10/12/2019 11:25

Whatever you might think good luck folks.

[mariopeter] 10/12/2019 11:24

Whites 123 the market is forecasting distress therefore it's distressed now too.

[sbb1x] 10/12/2019 11:24

Datait, is true your a window cleaner in Scotland ?

[theapplefreak] 10/12/2019 11:23

Don't forget DATAIT is it profit from his buy in at 70 and sell out at 45...... the fellow is a muppet lol