Tullow Oil Share Discussion Threads

[umitw] 11/12/2019 15:17

My 50p target slightly later then expected ! -)

[petroleum1] 11/12/2019 15:16

"Executive chairwoman Dorothy Thompson told analysts the board would always be open to offers that were attractive to shareholders and at the proper price."

I cannot understand why TLW is open to offer if the fundamentals has not changed
ie reserves, production (forecast down but could be compensated), profitability down but not out...etc I am hoping that there is nothing seriously wrong with the reservoirs.

EDIT It has been reported that the fields were producing high water cut etc... have not followed
TLW for a long time.

[andysand] 11/12/2019 15:14

A little dance with 50p is likely but it's just a number. It will get through it soon enough.

[tez123] 11/12/2019 15:12

Just need it to hold above 50 now.

[bigego] 11/12/2019 14:57

costax you bellend this is no one hit wonder AIM company that needs a hit from a single well. The Guyana campaign I suspect was written down to zero mcap wise in the last fall prior to this.

Stop trying to play silly mind games with people you bell ender.

[littlepuppi7] 11/12/2019 14:56

Much more likely just to rise as it's such a nice value play.

[littlepuppi7] 11/12/2019 14:55

It won't be that volatile either direction..

[phillis] 11/12/2019 14:55

but going nowhwere

[costax1654x] 11/12/2019 14:54

Will be nice if they hit oil as well in Carapa,100 p if oil,35 If duster!

[tahmina1] 11/12/2019 14:50

she flying away

[seagreen] 11/12/2019 14:42

The RSI is also showing the stock is well over sold

[seagreen] 11/12/2019 14:41

redhill9 good point well worth considering

[redhill9] 11/12/2019 14:37

Those suggesting that part of Monday's sharp fall in the share price was due to Income Funds selling due to cancellation of the dividend are almost certainly wrong as it is highly unlikely any such fund was holding any TLW shares.

Tullow only re-started paying a dividend this year after a gap of 4 years, and were criticised for doing so with so much debt, and Income Funds have rules about sustainability and track record - I doubt TLW would have got beyond the "watch list" for any true income fund.

[molatovkid] 11/12/2019 14:20

Apologies if already posted...takeover action would be welcome!

[master rsi] 11/12/2019 14:18

at the moment 48.73p as "AT" on the offer side is being very active and hardly moving
That means a large sell order is place at this price on the order book.
Something similar at yesterday 46p that lasted close to a couple hours.

[master rsi] 11/12/2019 13:26

whites123

re - Please do tell us in advance where the share price will be at 3pm Maybe at 4.30pm

I am not crazy like you to make statements about charts not GOOD

At the moment people take positions on the idea of bounce back, like others reducing if they had a large amount, while others are taking profit if they started buying at the lower 40's.

Since yesterday the share is bouncing back, and is expected to carry on the same way for the moment being is what are you going to GET from me.

[umitw] 11/12/2019 13:17

Many thanks M RSI. I appreciate it.

[charlesjames1] 11/12/2019 13:15

It’s like gambling. You only talk about your successes.

[master rsi] 11/12/2019 13:02

rum obejo

I see you as a Sudamerican >>>> obeja negra or is "Black sheep"

tidy 2

no targets, so go with the wind or the UP movement at the moment

[rumobejo] 11/12/2019 12:54

dead cat is a dead cat

30p
30p
10p
etc

[tidy 2] 11/12/2019 12:49

Where do you see it going up to next RSI I'm long from the lows.

[master rsi] 11/12/2019 12:46

whites123
re - Chart

We have notice of you have no IDEA of charts and I am "Not here to argue or suggest" you know all the rest as well.

Like the ... dead CAT bounce

[master rsi] 11/12/2019 12:31

re - umitw
An you post the chart please M RSI ?

I had to do the chart for you, because I was using the high and low of the day to calculate the 50% retrace 49.92 and 45.52p

but I did manage, so far did not go all the way down to 50% that normally is a good point to bounce back