Tullow Oil Share Discussion Threads

[maywillow] 15/1/2020 18:09

Summary

The company usually posts poor financials for mid or long term investments.

The company has poor fundamentals for a short-term investment strategy.

Strengths

The share is getting closer to its long-term support in weekly data, at GBp 59, which offers good timing for buyers.

The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.

This company will be of major interest to investors in search of a high dividend stock.

The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.



Weaknesses

As estimated by analysts, this group is among those businesses with the lowest growth prospects.

One of the major weak points of the company is its financial situation.
Sales estimates for the next fiscal years vary from one analyst to another.

This clearly highlights a lack of visibility into the company's future activity.

The group usually releases earnings worse than estimated.

The company's sales previsions for the coming years have been revised downwards, which foreshadows another slowdown in business.

For the last twelve months, sales expectations have been significantly downgraded, which means that less important sales volumes are expected for the current fiscal year over the previous period.

Analysts covering the stock have recently lowered their earnings forecast.

For the last twelve months, the analysts covering the company have given a bearish overview of EPS estimates, resulting in frequent downward revisions.

For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.

The technical configuration over the long term remains negative on the weekly chart below the resistance level at 123.06 GBp

[amaretto1] 15/1/2020 18:09

Were u see this going SR ?

[sentimentrules] 15/1/2020 18:09

the data in all the flows ... mostly just holders dumping

Sure, could be undisclosed shorts but i doubt at more than 1%

SO you can look at buys that put some under 0.5

And assume some never above disclosure level

But all in all given the data in the dumping, for me anyway, shorts max 2.3% all in

[auson1] 15/1/2020 18:05

SentimentRules,

How do you know not much shorting here ?

[loafofbread] 15/1/2020 18:02

Quite happy for the BOD to spend a few million pounds on stock.

[sentimentrules] 15/1/2020 18:01

Ot was going down even with no shorters on the board

But maybe somebody held back buying because open minded to two market views

[sentimentrules] 15/1/2020 17:59

Bootyycall there was not much shorting here

But if there was, it was fully justified

Why should Boards just get free reign with buyers only?

At least with shorters, they might feel accountable, and actually not try cover up stuff etc

[sbb1x] 15/1/2020 17:53

The spivs in the city were crying when the people voted to leave.

[sentimentrules] 15/1/2020 17:53

No. I cant find it. But didnt look hard enough yet. Wouldnt mind elliot anyway. As likely to loan ot to shorters as hold lol. He conned vodafone investors a long while back. Well, not con but - id say it felt like it for them

Metro is pure punt. Its that kind of company and market cap

Risk spread is wide though. Fixed risk at 30% share price movement. However if it gets the news, def see a fast 120-150% in her. Be out that day

[sbb1x] 15/1/2020 17:52

Hopefully he takes another 7%.

[jibba jabber] 15/1/2020 17:51

Everyone seems to have forgotten about the African investor.

[auson1] 15/1/2020 17:50

SentimentRules,

Oh well you must have made at least £100 here today so I suppose you can take a risk on METRO, not sure why you would want to.
Did you find out anything about Elliot Capital ?

[crossing_the_rubicon] 15/1/2020 17:50

"Leoneobull15 Jan '20 - 17:21 - 40168 of 40179
1.31% on loan and some spovs with an algo can knock a former FTSE 100 down 15% in a couple of hours. One of the UK's major industries is city spivs"

And the clear majority of them voted Remain!!!

For the City was overwhelmingly Remain.

Sucked it up yet you loser?

[sirrux] 15/1/2020 17:49

Nearly all the headlines (major outlets) focused on the $1.5bn write-down, anyone notice that? Can't really blame the press, they love a big number and it was a bit strange for the company that they were sitting as an outlier on their valuations. There must be more to this, was there a justification to their higher valuations from their hedging program or were they really just out of touch with the oil price? I know it was mostly known about, but the optics of it don't look great.

[sentimentrules] 15/1/2020 17:45

90% return is available be it from 50p or 500p

If they see 50-90% return here - they will attack it

[auson1] 15/1/2020 17:44

Leoneobull,

I agree the level is not too high and there can't be too much meat on the bone left here for shorts. It dropped really fast from the 140 level. If they short at 50 or below surely they are just going to be paying %age fees while it bumbles along and hopefully recovers.
Just my take but I wouldn't listen to me as I seem to have got this one very wrong so far !

[sentimentrules] 15/1/2020 17:34

Auson. Shorts increased on metro. Ive bought now.

Tullow, not really seen much of the shorters here. Just pessimistic bulls

[edmondj] 15/1/2020 17:30

Much speculation! See if the short position updates in due course.

[auson1] 15/1/2020 17:28

leonbull,

It was 4.58% on loan end of December. The 1.3% is only positions above 0.5%