Tullow Oil Share Discussion Threads

[smartie6] 15/1/2020 13:57

Ariane, disagree not today, after all today is a big turning point is it not?
Everyone waiting for a positive statement for weeks and nothing now due for a length of time.
Why would you change your Financial Year End?

[costax1654x] 15/1/2020 13:54

orm mcap 3 mil,cash 6 mil,no Debts!Plus Gold assets!Distressed Seller due to the sale of tungsten mine(clear our debts and we received 6 mil extra) need shareholders approval

[ariane] 15/1/2020 13:53

It seems where we all agree is this share will girorate between 40 to 80p with a 60p pivot

continuous daily banter is worth zilch to one and all

[smartie6] 15/1/2020 13:52

Wodahsnoom, can we trust the numbers? Is there any spin? Can findings be wrong?
Just get the feel, as stumpy is now thinking, big game on?

[littlepuppi7] 15/1/2020 13:49

Agree. Tlw have no room for error here though...

[sentimentrules] 15/1/2020 13:49

TLW is a risk-free short

looooooool

[sbb1x] 15/1/2020 13:48

30% rise also possible. Depends what agenda your pushing

[wodahsnoom] 15/1/2020 13:48

The numbers broadly didn't change from 9th December.

As they said on 9th December they are re-prioritising the capex spend and will look to fix operational issues in Ghana and restore production which in turn will increase cashflow which in turn allows them to pay down debt and allocate more to exploration.

There, - I'm done.

[sbb1x] 15/1/2020 13:48

Time will tell.

[littlepuppi7] 15/1/2020 13:47

Agree but can they do that? It's falling at the moment...

[sbb1x] 15/1/2020 13:47

What's that 2.5m share trade?

[stupmy] 15/1/2020 13:46

wodahsnoon, that's starting to drop beyond a little wobble. I really think 41 p is possible, even likely (I'm not calling it as a bottom). I'd take care personally. I see value here eventually, but timing a long entry right is really important 57 to 41 is almost a 30% drop. Might not happen, but from the way it's been trading, assuming it continues to trade in a similar way, 41 is starting to look likely rather than possible. No-one can see into the future though and anything could happen. But that's exactly why it's wise to watch a stable of stocks/indices/commodities etc so you can leave the ones with excess risk to work that risk out a little and run with something that is not 'reeking of risk' if you like. Impossible find something without risk, and no matter how good you are at fundamentals, it's impossible to avoid losses, but some are more obvious than others. These should be avoided (or shorted if you're really confident).

[sbb1x] 15/1/2020 13:46

Increasing production

[smartie6] 15/1/2020 13:45

Looks like they’re playing the sucker game again, small quick rise.

[littlepuppi7] 15/1/2020 13:44

Based on the firmed up numbers from today. I don't see how they do Anything other than keep paying the interest on the debt in years to come. I don't see how they reduce it without selling Assets or raising equity. That now appears clear.

[sbb1x] 15/1/2020 13:43

Testing patience with holders.... this is time to buy and not sell...!

[sentimentrules] 15/1/2020 13:42

If they had money they could pay some debt off before it goes into admin

[wodahsnoom] 15/1/2020 13:40

Not enough money for what?? Nothing has changed since 9th December - shouldn't take that long for reality to sink in. What do you think.....??

[sentimentrules] 15/1/2020 13:40

If the day low gets hit today - thats 99% assured 39p coming in days

[littlepuppi7] 15/1/2020 13:38

Reality that they don't have enough money sinking in

[smartie6] 15/1/2020 13:37

May fall to 53p in one tranche who knows.

[smartie6] 15/1/2020 13:33

Looks like 57p broken. Possible free fall in next hour?
GLA.

[stupmy] 15/1/2020 13:32

Obviously I can't see that post/response Smartie, but I'm working on the principle that if it walks like a rat, smells like a rat and looks like a rat, it's probably a rat.

[smartie6] 15/1/2020 13:30

Stumpy, well you haven’t been too clever there. Halfords statement tomorrow. Let’s see where we are then. I said on Friday the movement stinks and if there is a dividend cut or no dividend at all you will be looking at 70p imho. So I’m not yet wrong. And I’ll only be proved correct if there is no div.

You need to concentrate. Maybe feeling like you’ve been played is playing on your sanity?

[stupmy] 15/1/2020 13:27

I tell you what smartie, that's enough for me. I'm filtering you along with the numerous other timewasters I come across. There is something very 'zealous' about you suddenly turning up here and posting like a dancing dervish on acid. Very, very odd.