Tullow Oil Share Discussion Threads

[sentimentrules] 02/1/2020 10:40

"My advise though, stick to the sales desk job and leave Oil exploration to the experts.."

Sure . I read the expert views last August here :)

[maywillow] 02/1/2020 10:39

Price (GBX) 61.18 Var % (+/-) -4.41% (Down -2.82)
High 62.00 Low 50.92
Volume 18,101,271 Last close 64.00 on 31-Dec-2019
Bid 61.00 Offer 61.16
Trading status Regular Trading Special conditions NONE

[sentimentrules] 02/1/2020 10:37

I read the rns

Straight from the horses mouth of course

Market dictates :)

And yes. Their forecasts are based on some pretty high crude prices

[sentimentrules] 02/1/2020 10:35

Well i can't really add to it.

Let share price dictate in the 1st quarter of 2020

Bulls and Bears alike , all just opinion today

[whites123] 02/1/2020 10:30

SentimentRules2 Jan '20 - 10:23 - 38801 of 38802
0 1 0
I expect placement here in 2020
SentimentRules2 Jan '20 - 10:24 - 38802 of 38802
0 0 0
Very hard to raise finance for such debt to market cap scenarios, cheaply


Are you for real ??????
Talking out your Carapa...
Firstly Oil will NEVER become "Unfashionable"... Maybe in the suburbs of first world countries, but not in emerging economies who have decades to catch up.
They certainly will not be tarmacking streets with batteries..

Secondly you harp on about debt... Read the goddarned RNS's before engaging brain cell.
No near term debt maturities and enough to service debt easily at $60 and so many assets that essentially a sale of any single one could wipe debt all but out.

Have you applied for the CEO position?
Maybe with your expert understanding they will wish to snap you up.
My advise though, stick to the sales desk job and leave Oil exploration to the experts..

[wildsheroo] 02/1/2020 10:29

All traders are out, now share price will fall to some realistic range.

[master rsi] 02/1/2020 10:28

re - whites123 - I will share with you quickly my good entry point: "Below £1.50"

Slowly is becoming the mouthpiece for Tullow Oil and the entry point is what he paid for the shares 1st time not long ago.

One thing is for sure "whites" is FULL of Sh!t up to the neck and no matter his ramping ( that is what to be considered ) the shares will be around this price for some time as the News lately are not good enough.

note: My Honest opinion after today's news and I am a shareholder after the last big drop.

[sbb1x] 02/1/2020 10:27

Debt used to be 4.2 billion a year or so back. Now it's much lower

[sentimentrules] 02/1/2020 10:24

Very hard to raise finance for such debt to market cap scenarios, cheaply

[sentimentrules] 02/1/2020 10:23

I expect placement here in 2020

[sentimentrules] 02/1/2020 10:22

Yes issues can be rectified of course.

But problem is trying to get really good backing on something where debt is over double the market cap. It's very rare to get serious backers in that scenario

However fair to say... restructures happened under above scenario and have worked. Statistically not great success rates though

[wodahsnoom] 02/1/2020 10:17

Sentimentrules - your forecasts (right or wrong) are based on nothing being done to rectify the issues. If that was to be a true picture then that is the best reason for not investing in TLW.

However, even the action taken to date shows a realisation of the need for urgency and I for one had lost faith in current management to tackle the issues, So provided they get the right person as the new CEO there is the possibility of a turnaround. That's why I added @49p on the first dip (dip hardly describes what happened).

[pally12] 02/1/2020 10:15

At least all the bad news should be out the way now

[sentimentrules] 02/1/2020 10:14

And dig deep into china's alternative programmes.

It's very impressive. Massive population and growth to deal with but it's truly amazing scale. Give them credit that media won't on that one

[sentimentrules] 02/1/2020 10:11

Sbb

Wti crude will be smashed down.

It actually won't suit oilies re high prices. It will simply give value to alternatives and accelerate programmes

It's why Saudi is all into alternative industries for the future . The capital input into infrastructure is now mostly geared away from the oil structure. They were even happy to untouch taps at 40 bucks. Better something has some value now and get rid of it, than in the ground worthless later

Anyway, remember trumps pledge into last election? A big swing vote promise

"I'll make fuel dirt cheap"

Watch him on twitter. ..making love to even Iran before next election just to tank oil lol

[yidarmytom] 02/1/2020 10:09

today's results prove we have LIGHT oil on our acreage - that is a major positive

[sbb1x] 02/1/2020 10:07

Oil expected to go much higher if you follow the right posters on Twitter.Lack of oil discoveries over last few years 80$ plus.

[deanroberthunt] 02/1/2020 10:07

here's a stat, or fact, for why, well, for one reason, people voted to leave...but the left liberal snowflakes like to ignore, as long as it doesn't affect them...

"Up to one in three Romanian migrants have been arrested, figures have showed, as the country ranked second in a list of foreigners held over serious offences"

That's for those who think immigration is just a good thing....

[sentimentrules] 02/1/2020 10:03

Forecasted earnings to drop nearly 10% per year over the next three years. Net profit margin down 5% on last year.

So I think anyone has a right to raise debt issue based on that alone

Debt to equity 116%. That's what? Nearly double 5 years ago? Reducing earnings and increasing debt

True to say it's debt is covered y operating cash flow for now.. if ignore forecasts.

But interest payments not currently well covered on EBIT

[yidarmytom] 02/1/2020 10:02

deanroberthunt2 Jan '20 - 09:59 - 38788 of 38789

yes I certainly will have dean, this is gonna be a wonderful year for investing and a great your for our country

M-ake
U-K
G-reat
A-gain

[master rsi] 02/1/2020 10:00

Some got cheated out of shares this morning,
some took advantage of the dip,
I did nothing of that sort.

Many say " in and out in 2mins "
" I think the drop was over done, bought some more "
" Quick in & out "
Believe it NOT

[deanroberthunt] 02/1/2020 09:59

Hope you've all got your Union Jacks flying at full mast for the 31st....

[yidarmytom] 02/1/2020 09:58

no reason to be short on this now, anyone who thinks there's more downside will lose money from here

[wildsheroo] 02/1/2020 09:57

All money is flowing into HUR.Buy that with your gains.TLW is too risky and share price needs to stabilised before to jump in.