Tullow Oil Share Discussion Threads

[teamwork1] 04/1/2020 14:48

https://www-irishtimes-com.cdn.ampproject.org/v/s/www.irishtimes.com/business/energy-and-resources/where-to-now-for-tullow-oil-after-its-latest-setback-1.4129933?amp_js_v=a2&_gsa=1&mode=amp&usqp=mq331AQCKAE%3D#referrer=https%3A%2F%2Fwww.google.com&_tf=From%20%251%24s&share=https%3A%2F%2Fwww.irishtimes.com%2Fbusiness%2Fenergy-and-resources%2Fwhere-to-now-for-tullow-oil-after-its-latest-setback-1.4129933

[sentimentrules] 04/1/2020 11:42

POO up could also be an issue if not much crude

[sentimentrules] 04/1/2020 11:23

Woda can I ask you something?

Why is a bearish view called a de-ramp?

And a bullish view typically called in forums, good fundamentals? Not a ramp

.....

After the performance of tullow since say, 2012, isn't 'de-ramping a little bit harsh today?

Since short reduction started, and fell to practically zero since early 2017, price has fallen circa 70% or something

That can only be down to pessimistic bulls on the whole. Not shorter's or de-rampers

I dont know when last dilution was. 2017? .but either way. It's the bulls flattening it . Running

[wodahsnoom] 04/1/2020 11:02

With all the fuss about debt (and yes it is a big issue) lets not forget that the cash pressure doesn't hit until 2021. Provided we get the Ugandan issue resolved there will be additional 20k b/d in 2023 at no cost to Tlw.

So re-prioritize capex to address current production problems even if that means drilling two more wells on TEN. Given the forecasts for the next 3 years there is no reason why three wells could not be drilled in Oriduik this year at an estimated cost of 100mln to TLW. I've said it before - why on earth are we wasting money drilling in Peru????

The de-rampers will say what if POO goes to 40$ - what if POO goes to 80$? The truth is nobody knows. TLW is in the E&P sector the "E" standing for exploration. Lets not throw the baby out with the bath water.

[leoneobull] 04/1/2020 06:42

Look at after hours late trade declarations. A lot of significant sized trades.

[teamwork1] 03/1/2020 17:41

It looks like ECO will recover faster than tlw

[sentimentrules] 03/1/2020 17:19

In essence compared to the last 2, accumulation was near nil.

[sentimentrules] 03/1/2020 17:17

Anyone notice that since the 6th Dec, the big percentage drop days of 9th and 16th ie days over 20% ,were followed by much stronger buying than today?

All this did was fill a gap and sell. Traders were buying . Not much investor money on this 3rd 20%+ drop move

[waldron] 03/1/2020 16:56

Price (GBX) 60.00 Var % (+/-) +0.57% (Up +0.34
)
High 63.40 Low 59.26

Volume 23,491,084 Last close 60.00 on 03-Jan-2020

Bid 59.78 Offer 60.02

Trading status Closing Price Crossing Special conditions NONE


Atleast we are still in the 60 to 80p BOX

UNLESS YOU WISH TO THINK WE ARE IN THE 40 to 60p BOX

TO BE CONFIRMED NEXT WEEK


HAVE A SUPER WEEKEND

CHEERS

CHAMPAGNE CHEESE FONDUE TO CELEBRATE THE END OF CELEBRATIONS THIS EVENING

[alfiex] 03/1/2020 16:49

What a dreadful day. Lunatics on the board all day and poor price to end.

[asa8] 03/1/2020 16:46

I’d rather shag the krankee women than sturgeon

[stupmy] 03/1/2020 16:38

Kidding C-t-R and couldn't agree more. Bit off topic, but closed 2 ENQ positions at profit as POO seemed to be backing off into close.

[master rsi] 03/1/2020 16:38

UT @ 60p with 2,7M

The UT around the price where it has been all afternoon

[master rsi] 03/1/2020 15:50

Just let is go

[crossing_the_rubicon] 03/1/2020 15:44

@Stupmy,

What's wrong with being Welsh???

Lovely people the Welsh..

Well bar the likes of gobbie Charlotte Church...


:)

[stupmy] 03/1/2020 15:36

crossing the rubicon, are you saying Maturo might be welsh? Yikes.

[sentimentrules] 03/1/2020 15:27

Mcs why would his loss of 1.8 million matter? It's all relative

Probably only in that heavy because worth 600 million or something

So I doubt it bothers him. Just another deal

[mcsean2164] 03/1/2020 15:25

Leon,

Agree, my direct experience with Iranian's lovely people and not dressed in burkhas. This thread has gone crazy. Swamped in repulsive dross. A new moderated thread would be good.

Really sad to see tullow destroyed. Was talking to a friend who knows a fellow who lost 1.8 million on tullow. Thankfully my losses are not as bad! It feels to me that there has been no good news since itlos. I hope they focus on Uganda as success there would allow us to reduce debt by at least half a billion and still have money for Guyana.

[sentimentrules] 03/1/2020 15:23

Dean Hahaha

[crossing_the_rubicon] 03/1/2020 15:22

@DeanRobert.

No, I'm just bloody lazy most of the time :)

Re your post 39090 - Absolutely agree.

Virtue signal about such , then practice what you preach. Lily Allen being a prime example of hypocritical PC wokedom.

[deanroberthunt] 03/1/2020 15:19

I believe there's a simple answer, people should be asked to vote whether they think we should accept migrants from sub optimal cultures, and if a person votes "yes", they should have to accept 5 migrants into their own house and support them financially.

[deanroberthunt] 03/1/2020 15:17

@Crossing the Rubicon

are you Romanian as well!!!

[wodahsnoom] 03/1/2020 15:16

Yet another filter - close to leaving this Brexit forum