Tullow Oil Share Discussion Threads

[fuji99] 17/1/2020 09:46

SR - Have you leaked your wounds yet from NMC Health ?
I am sure you will get the same treatment on here too and very soon.

[adg] 17/1/2020 09:46

I dont need lessons thank-you - been investing since the late 80's, occasionally trading since the late 90's so i do have a little bit of a clue else i wouldnt be where i am now - was one of the first on initial forums/platforms like Market Eye so have seen the evolution of the short brigade pondlife and the way they almost all tend to behave and conduct themselves i.e. generally unpleasantly, since you started not 6 mths ago your 20,000 or so posts have toned down a bit but the character traits are still there - obnoxious, arrogant and lowlife.
Good luck to you and how you conduct yourself - you must be really proud every time you look at yourself in the mirror.

[sentimentrules] 17/1/2020 09:34

When bullish. . Seek the bears. When bearish... seek the bulls out

No point giving each other lots of gerbil reasons to buy when already bought

Look at other side of market. Only that can damage u

[sentimentrules] 17/1/2020 09:33

Because we get sick of watching investors ramp each other up into ridiculous buys

Then we say nicely , example, "this does not look good for data day. Short on"

Ever see the responses? Look at them. Then you won't wonder why

[adg] 17/1/2020 09:24

Stumpy why are you answering posts not directed towards you - it is that lowlifes history elsewhere as well as here i have an issue with not you (or are you both one in the same i dont know?).

As for me - as i said i am very well set so the loss has no impact, it is an irritation at worst(that i didnt sell whilst in a good profit), happened before and will happen again. Also it isn't a loss unless i sell.

This used to be a good bb until the carrion descended.

One question - why are shorters who post on bb's almost always such utterly unpleasant lowlife people ?

[littlepuppi7] 17/1/2020 08:28

Brent up again... a little weakness now then it will start running up again.. just reading up on the Kenya assets, absolutely world class...

[wildsheroo] 17/1/2020 08:26

64p on the cards by the close.

[stupmy] 17/1/2020 08:18

Allin, no-one can see intot he futue, absolutely it might never happen. But the fact it's there, makes it a significant risk to my mind so I can't relax about the share price until that has been resolved. I'd rather have a longer term position in something that didn't have an obvious risk to it (could still get ninja back scuttled mind).

[stupmy] 17/1/2020 08:12

I'm interested in this adg. I don't get off on anyones discomfort. I don't feel schadenfreud. But I can see that people make their own decisions and must live with the consequences. If SR were to say, there there, it's a terrible piece of luck, I hope the share price does what you want it to.... What would that change? Those who've made bad decisions (or been caught by managements bad decisions; I accept that you can get blindsided and even that here with TLW management have not been 'Frank' with the shareholders) will still be in the same position, but people will have said 'there, there' could have happened to anyone etc. It doesn't change anything, it just re-inforces the feeling that you did nothing wrong and you're part of a group of people who have lost a lot of money and that since there's a group of you it's not so bad. Then you start to 'form relationships' on the board with people who made the same mistakes and that encourages to continue making the same mistakes. I think what you need to do is break away from those that are making bad decisions and learn how to make better ones. It makes not one jot of difference what SR says, if you have your own decision making process. I get the impression that a lot of PI"s really don't get it, and when it goes against them they are unable to make any decisions at all so they get stuck with horrible positions and just sit and stress about them. Put that stressing time into learning and open a dummy account and put your learning in practice and see if you can make it pay. You say that it's just 1% of your portfolio, in that case, maybe you personally know what you're doing. But if that is true why the hate?

[allin] 17/1/2020 08:06

Stmpy...good to see you write 41p might never happen.

[sentimentrules] 17/1/2020 07:49

Sadly my friend, you need to embrace bears. They can be a valuable friend

Much like a bull is to bear. Lift this baby for the shorter lads

[stupmy] 17/1/2020 07:30

SR you sound like BA a bit there, assuming you meant fool and not lool. I aint gettin on no plane lool.

[sentimentrules] 17/1/2020 07:20

Ouch

Can feel the pressure lool

U need to learn position management bud.

Never have pressure

[sentimentrules] 17/1/2020 07:14

I have an international masters in TA.

Still doesn't class me as a pro in my view

[sentimentrules] 17/1/2020 07:13

No such thing as a professional trader/investor per se. No course recognition of it anyway

Can do chartered this and that but still not the same

[sentimentrules] 17/1/2020 07:13

Banked nothing whites

21p coming for SP

[whites123] 17/1/2020 07:10

238 posts in one day..

And all from experts who can pull holes in and inform us what TLW have done wrong and what it is doing wrong..
These "Gurus" then state "Banked small profits" and there we have it...
Wannabe experts who tell us its "NOT" what the company announces to market as it is their legal obligation, but "What it doesn't". Urghhhhhhhh. ?????????

Truth is, the update was as expected.
The hedging (Which no one really appears to have picked up on) is great news.
All figures played down to worst case scenario.
An awful lot to look forward to..

I saw a post asking why these experts are here on a free forum all day which if they are as expert as they suggest they are why are they not loaded and retired instead of so desperately trying to influence £1k a time gamblers?

[stupmy] 17/1/2020 07:05

Allin, if they were producing 50,000 you'd see them as 'producing a lot' by the sound of things. You don't seem to get it. No wonder people lose so much money to the markets. Some idiot actually ticked you up also, it's horrible watching herd mentality in a 'flock' of lemmings. You guys just can't wait to throw it away.

Having said that, the share price has a month to settle down until next scheduled news (assuming there are no ninja-broadsides). Fingers crossed it will take out the 41 p area during that month so that business down there is complete and I don't have to worry about that risk. Of course, no-one can ses into the future adn 41 might never happen (I'll state the obvious before the morons who expect to know the future with certainty, have a pop at me). SR obviously sees lower possible share price targets as likely. I don't know the rationale behind that, but at the moment I don't think there is a rush to get in. But many PI's will rightly or wrongly believe there is. There could be a bull trap or two before the March announcement. Why was that delayed, does anyone know.

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Allin 16 Jan '20 - 22:20 - 40471 of 40476
0 1 0
This bombed out share will regain 100p per share in some months time. Reserves are OK and still producing a lot. Only short term issues to fix.

[sentimentrules] 17/1/2020 06:32

Leoneobull17 Jan '20 - 06:12 - 40474 of 40475
0 1 0
Looks like SR has been logging in to his various aliases!

....

As a shorter , you always know you have a stock by the neck, once those posts start :)

[leoneobull] 17/1/2020 06:19

Uganda news on pipelineThu 23:23http://www.engineeringnews.co.za/article/oilfields-at-heart-of-tax-dispute-to-cost-uganda-5bn-2020-01-16/rep_id:4136In short a decision to be taken by 31 March, 2020.

[leoneobull] 17/1/2020 06:12

Looks like SR has been logging in to his various aliases!

[sarkasm] 16/1/2020 22:47

the balance sheet will be impacted obviously by the substantial provision

will it reduce assets or intangibles

cheers fellas and sr


Tullow expects to report pre-tax impairments and exploration write-offs of c.$1.5 billion (c.$1.3 billion post tax) primarily due to a $10/bbl reduction in the Group's long-term accounting oil price assumption to $65/bbl and a reduction in TEN 2P reserves