Tullow Oil Share Discussion Threads

[ammu12] 06/1/2020 13:46

Master RSI, where is the share price going up or down ?

[master rsi] 06/1/2020 12:54

The Market is recovering from the lows of the day, maybe TLW is following the market after all now, not on the drop earlier.

.............FTSE ...................... FTSE MCX - 250 ..................... TLW ...........

[master rsi] 06/1/2020 12:45

Another assault at over 60p, maybe the one controlling (manipulating ) the order book for the last 24 hours has got what he wanted (build a stake of sold some )

It would be nice to see the RNS of that.

[stupmy] 06/1/2020 12:24

Booty, I agree this issue isn't likely to resolve itself quickly or easily. I think we are in for a turbulent time. I'm long on oil stocks and currently short S&P 500.

[bootycall] 06/1/2020 12:18

Sentiment Rules. Please try to apply logic. A prolonged period of high oil prices should have profound implications for the forward oil curve. Tullow could put cap and collars at extremely attractive prices on production . Even if the short position is enormous the Board could simply choose to buy back shares and the share price would take care of itself.. but hopefully they will chop a little debt from the balance sheet. Either way recent events will probably put a premium of $7-12 per barrel on the price. In the event of conflict it will only be the current producers who will gain in a general market negative environment... but relative outperformance should be expected. I foresee a proxy war which will probably result in attacks on shipping and oil assets in the Gulf causing great instability. If Western production interests in Iraq become targets or the Straight of Hormuz becomes out of bounds the price of oil ( but the conflict does not get too out of hand) shareholders WILL make out like bandits. I would rather have peace.
An alternative scenario with negative investor sentiment is that Tullow sell some key assets as African oil deals become more attractive in this geopolitical mess. One thing is for certain... this problem is unlikely to heal itself until the Iranians overthrow their leaders . They are a well educated people with a great culture. They have had to suffer so much .

[master rsi] 06/1/2020 12:15

next ... down to 60p again

[monopoli44] 06/1/2020 12:13

broken for not long................

[master rsi] 06/1/2020 12:05

Finally, the 60p is broken, what next

[master rsi] 06/1/2020 12:03

Do not be a naughty boy, he may enjoy it

[master rsi] 06/1/2020 11:27

A good 10 minutes spell and trying to break 60p
How long is going to last is another thing

[sbb1x] 06/1/2020 11:08

This can go up at any point, maybe when its bored a few people out

[teamwork1] 06/1/2020 11:03

This will only go up when we have some positive news

[sentimentrules] 06/1/2020 10:23

Especially smaller caps. Too big a gamble on crude collapse. At least in majors u can manage the risk

[sentimentrules] 06/1/2020 10:21

Too dodgy SBB to buy the stocks heavy on oil rise

The funds market is basically heavy short oil in the medium term

So whichever media are suggesting a steady rise etc in coming months, not on the money

[sentimentrules] 06/1/2020 10:20

So in essence, those dealers from fairly higher prices who don't do stops, and in, longterm, imo, should not really want to see a rise from 60p.

Would not be beneficial in the bigger picture

[sbb1x] 06/1/2020 10:20

No oil stocks moved up with oil.

[sentimentrules] 06/1/2020 10:13

Any rise into data..simply hold short.. 21p truly on

[sentimentrules] 06/1/2020 10:11

If this drops hard into the last couple of days pre data, il close short and do a half lot buy

Anyone else thinking along these lines? Be only for maybe 20-30% though.. and then out. Completely. Will have done well enough here . Leave it to next group after that

[waldron] 06/1/2020 09:50

Stuck at 60p and still not clear whether convincingly up or down

[sentimentrules] 06/1/2020 09:50

850 bucks a barrel wouldn't make any difference. The company is out of favour

Money simply goes elsewhere

[sentimentrules] 06/1/2020 09:45

Probably trading for a rally into next data and then collapse in data again.

But that info rally looks very very unlikely from low

[datait] 06/1/2020 09:38

fill your boots and big knickers.