Tullow Oil Share Discussion Threads

[mcsean2164] 21/1/2020 21:46

Leoneobull,

UK will prosper outside the EU.

The UK has a strong market for tea cosies and crumpets and the world demand is only set to skyrocket for these goods and services.

Ok, in fairness, the UK is exceptionally strong in universities, films/ television and that's it really. Automotive is still strong-ish and there's quite a lot of pharma especially around Cambridge. If UK were locked out of the EU markets, I'd expect pharma especially would suffer badly as presumably they are located in UK as they can then access EU markets too.

UK needs to get a good deal or it could really damage the UK economy. I hope it does, the EU isn't meant to be a prison and really it should be easier to leave. Northern Ireland caused huge problems, much more so than the EU/ Rep Ireland. Hopefully the exit will go ok.

Anyway, back to Tullow. OMG, my 'bravery' for having a 180p average hasn't exactly been rewarded, would be great to see something positive come from Uganda.

It really does seem that they completely blew the fundraising and giving a dividend was crazy.

[leoneobull] 21/1/2020 21:39

https://truepublica.org.uk/united-kingdom/cost-of-brexit-uk-must-replace-billions-of-eu-cash-with-new-regional-funding/

[leoneobull] 21/1/2020 18:30

I can tell you know sweet FA about the SM as you post something from Europhobic maniac Owen Paterson, which only talks about goods as a percentage of exports.How about goods, services, people, capital and data, bro? Did you know the amount of infra EU trade in services between the UK and the EU dwarfs that of our trade in services with Oz and NZ, or elsewhere in the Commonwealth? And services account for a disproportionate share of the economy?

[leoneobull] 21/1/2020 18:24

https://www.government.nl/topics/european-union/the-netherlands-and-the-eu-internal-marketThis will explain the SM in a Netherlands context.

[leoneobull] 21/1/2020 18:20

Citing a report commissioned by a right wing Eurosceptic party. Hardly non-biased. I've met Dutch officials responsible for the single market three months ago. They are very pro single market. You don't know what you are talking about kiddo.

[crossing_the_rubicon] 21/1/2020 17:00

"These have to be worth £1"

They don't have to be worth anything.

"Sell Uganda. job done. Use it to rejoin the EU and continue to benefit from the single market"

oh dreary me....

We don't benefit from the single market either.

SHOCK EU 2019 REPORT: ‘UK benefits least from Single Market’
UK comes bottom in EU’s list for benefiting from the Single Market




Project Fear LIE:-"We have to be in the Single market to survive economically"

Five years ago, the Dutch Freedom Party PVV commissioned the independent research company Capital Economics to assess the economic impact if the Netherlands should leave the EU (NExit). The findings were very clear. Regardless of the outcome of any Netherlands-EU trade negotiations, in every scenario, Dutch gross domestic product was shown to be between 10 and 13 per cent higher by 2035 than it would be if the Netherlands continue as a member state of the EU. Leaving the EU allows a country to reduce the cost of doing business by reducing burdensome regulations in areas currently under the jurisdiction of Brussels. It also improves public finances by opting out of costly EU spending programmes. It reduces public expenditure through revising immigration policy



Oh look not a single reference to the Daily Mail!!!!!!

[sbb1x] 21/1/2020 15:51

Brent back above 65$We need oil to get into the 70s opec cuts and Russia will kick it into 70s

[leoneobull] 21/1/2020 15:32

These have to be worth £1 . Sell Uganda. job done. Use it to rejoin the EU and continue to benefit from the single market

[manneken] 21/1/2020 14:44

Yes, nice. Shame we didn't have internet in the sixties what

[la forge] 21/1/2020 14:33

1961–1971 52,807,000



Manneken
21 Jan '20 - 14:21 - 40569 of 40570
0 1 0
When I was at school in the sixties, we were led to believe that the UK population at that time was already 60 million, so who can you believe when these immigration figures are bandied about? Did the population decrease before 1997 then?

[manneken] 21/1/2020 14:21

When I was at school in the sixties, we were led to believe that the UK population at that time was already 60 million, so who can you believe when these immigration figures are bandied about? Did the population decrease before 1997 then?

[stupmy] 21/1/2020 13:27

Horrible, but funny Sbb1x

[sentimentrules] 21/1/2020 11:41

Hows me short doin?

[crossing_the_rubicon] 21/1/2020 11:41

@EdmondJ,

Well wages are rising, and have been for the last year or so...

But yes, recent figs on net Immigration inflows would be useful.

Big fan of Poles.
Not so much the Albanians/Macedonians who are lining up to join EU..

Ultimately some controlled Immigration is good.
Unfettered mass Immigration is bad, on numerous levels. As we are finding.

[edmondj] 21/1/2020 11:32

Be interesting to see what are the more recent figs as supposedly Poles etc were flocking back home.

[crossing_the_rubicon] 21/1/2020 11:29

@Jim

Ample proof they're savages.

As those of us who have spent any time in Africa already know.

[crossing_the_rubicon] 21/1/2020 10:47

@EdmondJ

Since 1997, Uk population has grown by 8 million!!! The largest part of that growth has come from Immigration.

UK Population in 1997 - 58 million.
UK population in 2020 - 66 million +

8 million / 58 million = 13.79%
6 million / 58 million = 10.3%

The impact on wages for the less skilled particularly has been huge.

Obviously Leoneobull is alright jack,as are those in the circle he mixes in!



"Rising wages and employment in the long run"


We've seen rising wages as the Immigration flow has slowed!!! As in fact Lord Rose said it would!

Lord Rose - Campaign REMAIN
(Lasted one day telling the truth)

[edmondj] 21/1/2020 10:37

Research from University College London finds that an inflow of immigrants the size of 1% of the UK-born population leads to a 0.6% decline in the wages of the 5% lowest paid workers and to an increase in the wages of higher paid workers.

Similarly, another study focusing on wage effects at the occupational level during 1992 and 2006, found that, in the unskilled and semi-skilled service sector, a 1% rise in the share of immigrants reduced average wages in that occupation by 0.5%.

An updated version of this study, considering the period between 1992 and 2014, found similar results. This study found that a 1% rise in the share of immigrants reduced averages wages in unskilled and semi-skilled service sector by just under 0.2%.

The available research also shows that any declines in wages are likely to be greatest for resident workers who are themselves migrants. This is because the skills of new immigrants are likely to be more similar to the skills of migrants already employed in the UK than for those of UK-born workers.

Declines in the wages and employment of UK-born workers in the short run can be offset by rising wages and employment in the long run.

[crossing_the_rubicon] 21/1/2020 09:52

Here's evidence of people struggling thanks to 30 years of EU membership and massive wage compression at the bottom end of the employment ladder due to unfettered Immigration(both EU - Those workers at Pret!!!) and non EU.

"The government is promising to turn Britain into a nation of savers by 2030 and cut the number of households relying on credit cards for day-to-day spending by launching an ambitious financial wellbeing programme.

In an alarming summary of the state of Britain’s household finances, the Money and Pensions Service (MaPS), a government agency, said 11.5 million people have less than £100 in savings to fall back on, while nine million said they often use credit cards and payday loans to meet essential weekly food and energy bills. – Guardian


Note SOURCE.
Guardian.
Not Daily Mail.

[crossing_the_rubicon] 21/1/2020 09:29

"Leoneobull20 Jan '20 - 19:12 - 40553 of 40557
I'm not deluded as I can compare the two far better than most. The trouble is Rubicon believes everything he reads in the Daily Mail."


Ample evidence you're deluded because you think everyone who is pro Brexit is a Daily Mail reader.

I read the Telegraph and FT FYI.

"Most people I know think Brexit is an unmitigated mistake that affects many people's lives adversely"

That's because you socialise with those who no doubt droned on about it for weeks with the same vigour SR spams the boards now!!!! And as you yourself did!!!


You have no evidence it is a mistake.Nor do those you hang out with.

There is also plenty of evidence that membership of EU has affected many in the UK adversely since the 1990's...but your circle are blinded by your ideological rose tinted Pro EU specs.

Most people I know are Pro Brexit, Pro Democracy, Pro being in charge of our own destiny.
And they're in the majority, clearly, as both the 2016 Referendum result evidenced 52%:48% but then were reinforced by European Elections and the rout in GE 2019.

[spirito] 21/1/2020 07:41

you must only associate with certain types then.

[sentimentrules] 20/1/2020 20:00

brilliant haha

[stupmy] 20/1/2020 19:44

Made me laugh. Off-topic, but trading related.