Tullow Oil Share Discussion Threads

[smartie6] 15/1/2020 15:53

500 trades in one minute??????

[kulvinder] 15/1/2020 15:51

You got a better chance of predicting the lottery numbers than the share price here. Looks like the market makers have taken everyone to the cleaners by taking it up this morning and then down...what crooks does not change...

[smartie6] 15/1/2020 15:51

Below 50p.

[smartie6] 15/1/2020 15:50

To think that it could be down 20% after sucking everyone in on a 5% rise. Let’s face it, it is wrong.

[smartie6] 15/1/2020 15:48

SR, be honest though it really does stink.

[sentimentrules] 15/1/2020 15:47

Too easy. A gnat could have forecasted this data

[smartie6] 15/1/2020 15:47

Just seen 51p.

[smartie6] 15/1/2020 15:44

To say we called this at 62p is an understatement.

[littlepuppi7] 15/1/2020 15:43

Are they going to surprise people and pull a placing out of the bag ?

[smartie6] 15/1/2020 15:43

53p. Crikey I may take up sport prediction.

[smartie6] 15/1/2020 15:42

Stumpy, have you stepped in an filled your booty?
You were after 54p.
Bootycall may step in and have a punt at 50p.

[littlepuppi7] 15/1/2020 15:21

The risk here is clearly the combination of the debt the oil price and the fact that mgmt have no room for error. If they pull off the great escape holders will be very well rewarded.

[bootycall] 15/1/2020 15:14

Loafofbread & Sbb1x Thanks. I try my best. I can assure you i put a lot of effort into researching the subject and trying to provide balance and a reasoned argument.

Smartie6 Coffee is supposed to keep you awake....not provide a wake up call.
The expression I think you are looking for is “wake up and smell the coffee” and you would be well advised to do so.

[loafofbread] 15/1/2020 15:07

booty,

I've paid 2 whole coins to keep your 2 posts in the header.

Probably the only sensible posts today!

[smartie6] 15/1/2020 15:07

Stumpy about to step in and buy against market at 54p?
Doubt he’ll have the rocks.

[smartie6] 15/1/2020 15:04

56p about to be broken.

[smartie6] 15/1/2020 15:03

Bootycall, what kinda coffee you like?
Need to buy some pal as I fear ur in need of a wake up call.

[sbb1x] 15/1/2020 14:40

Excellent post

[bootycall] 15/1/2020 14:34

Oh well. No changes to guidance with this update but obviously some cannot read. I was initially annoyed when Ms Thompson took such radical action...but in retrospect the mismanagement, in relation to controlling central costs and procurement, meant that this may ultimately prove to be the best course of action. It does not surprise me that she will not revise up her original production downgrade for a few months...which has been very destabilising to the share price...but let’s see what she has to say in March when the planned maintenance upgrade of the FPSO is complete (and we can see the new flow rates achieved) with the full year results. In the meantime i am sure the analysts will react like a flock of sheep to events with downbeat commentary...bunch of muppets.

The great thing about the oil industry is the basic fungibility of production. We know that Jubilee has one of the lowest operating costs per barrel and best operating terms in the industry. Tullows cash requirements peaked some years ago and cash is thrown off by operations. If Uganda is sold we should be back with a three figure share price. I will not sell now because in my view disposals, farm outs or even an offer is a given if the price remains this depressed. Instead i intend to build up a substantial position on weakness. What a gift...perhaps I should thank Sentiment Rules after all. Cheers mate !

[teamwork1] 15/1/2020 14:29

Full year results was going to be 12 feb but moved to 12march

[sbb1x] 15/1/2020 14:26

Today is a buying day and not a selling day !

[smartie6] 15/1/2020 14:26

Sbbx1, have you thought about seeking help?

[swerves1] 15/1/2020 14:26

Wonder how they're getting on with selection of new CEO? And what calibre they will get?

[smartie6] 15/1/2020 14:24

teamwork, why 12th March, haven’t they just advised they’re extending their FYE or did I read it incorrectly?