Tullow Oil Share Discussion Threads

[smartie6] 15/1/2020 14:22

Mono, no one is going to give you advice on that one my friend.
The only question I would a ask is given a PI free fall who will come in to lap them up. Would even 40p be available, history would say less than 30p hit.

[teamwork1] 15/1/2020 14:21

This is worst place to be in, when you have people putting the company down , we need to wait for 12 March and then we will know were this share price will go for the rest of the year. But I need to say every dog has its day.

[sentimentrules] 15/1/2020 14:20

Got to cover interest payments by selling assets.

cash flow talk is all yabber

They need to maintain supplier confidence too

tough task

Can only asell whats proven. ||Nobody touch the other stuff now

caught between rock and hard place

...............

So apart from asset sale, dilution. Most likely path because they would have nothing left to work with, selling assets that can be

Forget more exploration by them in the future. Nobody back it.

Kevin Okyere must be having some laugh

[smartie6] 15/1/2020 14:20

I like wodahsnoom, forever the optimist. That said today was the day these were going to fly above £1, wasn’t it?
Time to watch the Snooker, given the QF line up do you think Ronnie will be kicking himself?

[monopoli44] 15/1/2020 14:20

so glad I sold all my holding with profit at 62p.what will be the next entry below 50P

[wodahsnoom] 15/1/2020 14:16

Stupmy - yes you seem convinced (almost) that 41p will be reached and we'll just have to agree to disagree on that because I have no idea what will drive that. Unless another monumental cover up happens and as I said yesterday TLW will reach basket case status in that event.

There is no threat to going concern as far as I can see, and plenty of potential good news if they get their act together. Yes, it looks like 2020 will be a year of resolving issues that should have been tackled in 2019. But if it restores confidence (and production) then money well spent and 2021 could see more exploration.

[smartie6] 15/1/2020 14:15

SR, they’re going to have to sell off Assets to pay down debt aren’t they?
By downsizing the business, if at all possible, it gives them options providing they can maintain profitability.

[sbb1x] 15/1/2020 14:13

Stumby changes his tune whether he is in or out

[smartie6] 15/1/2020 14:12

Sbb1x, sounds like a gamble.
Even stumpy has changed his tune, now looking at buying points lower???????

[sentimentrules] 15/1/2020 14:12

Its value is why it will have issues raising cash

A bond at 20% wouldnt sell

Dilution seems only route

Force current shareholders to pay

[sbb1x] 15/1/2020 14:09

Everyone should be buying now to sell at 62p

[stupmy] 15/1/2020 14:08

54.8, 50,8 and 38 look like areas to watch for buying activity.

[smartie6] 15/1/2020 14:08

Looks like I nearly missed them breaking 56p.

[sbb1x] 15/1/2020 14:08

Everyone wishing they sold at 62p to rebuy now !

[smartie6] 15/1/2020 14:07

SR, a balance sheet analyser.

[smartie6] 15/1/2020 14:06

I think a strong jug of coffee is required all around.

[sentimentrules] 15/1/2020 14:05

TLW effectively worthless on best case scenario assets to liabilities

[smartie6] 15/1/2020 14:05

YDT, forgive me but consensus on here for months has been that they carry too much debt and Asset strip would be the only conclusion, isn’t that correct?

[sbb1x] 15/1/2020 14:03

Total will take tullow

[sentimentrules] 15/1/2020 14:03

Takeover what? Must be joking

Strip it out at 25p maybe...

[sentimentrules] 15/1/2020 14:02

Is that a fact - nuff said too?

lol

[yidarmytom] 15/1/2020 14:01

upside is takeover, this will be taken out by one of the majors

[smartie6] 15/1/2020 13:59

SR maybe correct, on the back of today where is the upside?

[smartie6] 15/1/2020 13:58

Is there any upside for the immediate future? What happens should the price per barrel collapse?

[sentimentrules] 15/1/2020 13:57

Ariane 60 p is just played out

21 to 40p will become the average