Tullow Oil Share Discussion Threads

[sbb1x] 16/1/2020 08:16

Lots of buys feeding of a large distressted sellerWe need the seller out

[r9505571] 16/1/2020 08:13

Bloodbath continues

[teamwork1] 16/1/2020 08:09

How long did it take PMO to sort they issues out

[stupmy] 16/1/2020 08:05

PMO and ENQ have been making a lot of progress on debt, while maintaining or increasing production. PMO is still doing a fair bit of exploration, but ENQ is focussed on debt and production. Both companies look a lot safer now than a year ago. That is not the case with TLW. They've made a pigs ear of things.

[edmondj] 16/1/2020 07:49

Pro_S2009

I agree with where you're coming from, blaming debt, however PMO has just recently quite pulled a rabbit out its hat - with regard to debt management - despite having similarly and recklessly ramped up its debt-load in years past. Can TLW be similarly innovative?

[sentimentrules] 16/1/2020 07:47

Hope up. Goes down faster

[bigsi2] 16/1/2020 07:33

Up- stops got hit at 54-55 yesterday

[jibba jabber] 16/1/2020 07:22

Then down after 10 minutes

[asa8] 16/1/2020 07:14

Up or down place your bets gamblers

[sentimentrules] 16/1/2020 07:12

FT said climate change not real

[stupmy] 16/1/2020 07:09

Funny, Pro, like it 'staying strong all the way from 400 to 10p', yes very similar to TLW 230 (even higher) to 49.88 as of yesterday.
Can't remember who said they don't believe in climate change, that's kind of a classic mistake as well. It really doesn't matter what you believe, sourcing energy is changing and if you don't believe that you'll 'stay strong' in oil particularly small oil companies far longer than you should. Don't get diverted by arguing about climate change and whether it's real or not (that's a very different discussion), follow what's happening in the energy sector. Time is sooooooooooooooo important, and near term production might be a lot more valuable that long term exploration projects that are looking at producing in 10-20 years. Some similar arguments around diamonds, be careful where you think that value lies and how much time you've got to exploit it.

[sarkasm] 16/1/2020 07:01

Moving Averages analysis

Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and BEARISH in mid-long term.

Bollinger Bands Analysis

TLW.L has closed below the lower band by 13.6%. If price is in a downtrend band; this downward trend in price might continue. However a short term pullback inside the band is likely. Bollinger Bands are 69.9% narrower than normal. The narrow width of the bands suggests low volatility as compared to TLW.L's normal range. The bands have been in this narrow range for 10 bars. This is a sign that the market may be about to initiate a new trend.

[sarkasm] 16/1/2020 06:57

TULLOW OIL

Last Signal: SELL

Last Pattern: BEARISH ONE BLACK CROW

Last Close:
49.8800
Change:
-9.3000
Percent change
-15.71%

Signal Update
Our system’s recommendation today is to SELL. The BEARISH ONE BLACK CROW pattern finally received a confirmation because the prices crossed below the confirmation level which was at 59.1800, and our valid average selling price stands now at 58.7200. The previous BUY signal was issued on 13/01/2020, 2 days ago, when the stock price was 60.2600. Since then TLW.L has fallen by -2.56%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet

[waldron] 16/1/2020 04:56

Upcoming events on TULLOW OIL

feb/12/2020 FY 2019 Earnings Release

[pro_s2009] 16/1/2020 00:54

I said in the morning, its all about the debt. It remains all about the debt.

When GKP fell from 400p (old money) levels to 10p levels - because of the debt - the bulletin board was full of people buying the dip, staying strong - all the way from 400p down to 10p.

Debt kills Oil and Gas Companies that are not run well.

GKP chart............remember..........thats what debt does if you cannot meet the repayment schedule.......TLW are now walking close to the edge, some unexpected production problems, low oil price this year - bye bye.

[monopoli44] 16/1/2020 00:42

I was the lucky one to sell my holding at 62p but I can not belief they went down as much of what they are,Feel sorry for the looser and they has been plenty.
Will look again and consider to buy back below 45p or even lower than that perhaps before the close on Friday.But if they go up I will be happy for the looser to recoup some cash.

[sbb1x] 15/1/2020 22:50

Hoho Merry Christmas you filthy animal

[sirrux] 15/1/2020 22:22

This share price is Tu Low! Ah sorry couldn't resist.