Tullow Oil Share Discussion Threads

[smartie6] 15/1/2020 12:22

Falling again.
IMHO any downward trajectory in the next hour may lead to a close below 50p. Worrying times.

[sbb1x] 15/1/2020 12:21

Traded both ways by the big boys, they are making some serious coin.

[smartie6] 15/1/2020 12:15

More importantly what’s the point?

Anyone else feel they’re being played?

[crossing_the_rubicon] 15/1/2020 12:12

Hmmmm

Revenue £1.7bn
Gross Profit £700m

What's the Net Profit/net earnings forecast?

More importantly what's the debt maturity profile of this $2.8bn debt?

[sbb1x] 15/1/2020 11:58

Ut close 62.50 catch you later boys

[sentimentrules] 15/1/2020 11:57

Agree Stumpy

i do a book of continuous 30. Manage the garden and only replace a tree when another is dead.

ANd it probably takes me on average, 30 mins a day total to do that book

[stupmy] 15/1/2020 11:54

Different reason for me Badger, it's actually true that the less I do, the better my decisions tend to be, profits follow. It means I've got a lot of time. Although this is full time for me, most of my effort goes into doing nothing. Probably sounds weird, but it's true.

[sentimentrules] 15/1/2020 11:52

You know the expression, a pig wearing lipstick

this one is so bad, its not even got lipstick on

[smartie6] 15/1/2020 11:52

Badger36, what’s your stop loss bud?

[sentimentrules] 15/1/2020 11:51

Its simple badger
when you are good at what you do, you are so efficient you have time to do whatever you like

haha

[smartie6] 15/1/2020 11:51

Same conclusion, the fall will be significant, the sell off over 2weeks ago in which it subsequently rose again during the day told the story. Any downward trend will see the PI running for the hills. There appears to be a significant number of very nervous punters out there and they’re ready for the fall. IMHO Today’s statement was poor as was the announcement on the 3rd/6th.

[badger36] 15/1/2020 11:45

How come all you investment gurus who project such wisdom have time to be posting on a message board? If I were so knowledgeable I'd be wealthy and not have time to waste on the lesser mortals. As a wise man said: "if you so good why are you not rich"?

[wodahsnoom] 15/1/2020 11:44

And now its approaching 60 again - Que Faire!!!

[sentimentrules] 15/1/2020 11:40

I can see lots of common retail supports

i think they wil suck them dry and once retail buying exhausts a bit, 40's comes rapid on an open or something

[sentimentrules] 15/1/2020 11:39

The market open was vital smartie, along with volume

Down, with volume was markets interpretation of the data..any rise just retail thereafter

[smartie6] 15/1/2020 11:37

As I’m writing it looks like it’s already started. My last look at the share price it was 62p but just looked now on the up to date and it’s approaching 58p.

Tricks?

[smartie6] 15/1/2020 11:35

You’ve also hit the nail with the oil price.

[smartie6] 15/1/2020 11:34

SR, just reading Tullow, I came to the same conclusion reading the statement this morning and then watching the moves. I feel the PI is being drawn I’m ready for the slaughter. The worry is once the selling begins this could be driven significantly lower.

[stupmy] 15/1/2020 11:31

For the moment, there hasn't been a meaningful rise in price, just a relief 'rally', and a small one at that. Price looks to remain at risk to me and I still think we'll see 41 area. Not sure how fast though.

[sbb1x] 15/1/2020 11:25

Traders dream

[sentimentrules] 15/1/2020 11:19

Agree Pro - it is nearly a foregone conclusion

[sentimentrules] 15/1/2020 11:18

As i say - muppets bought morning drop

Slaughter to come

[pro_s2009] 15/1/2020 11:17

I would not be surprised if there was not a big placing late 2020 or early 2021, like the 750m USD one done in 2017.

They need to seriously get that debt down and not get anywhere near possibly defaulting.

[sentimentrules] 15/1/2020 11:16

Tullow are also implying long term a price per barrel of $65

Very high assumption