Tullow Oil Share Discussion Threads

[theblackbaron] 11/2/2020 15:34

Article Reuter’s just out Total CEO expects to drill 3 wells in Guyana this year

[billy_buffin] 11/2/2020 14:12

Karoon snippet:
Edit: The shallower sections of La Cruz and Mal Pelo formations were encountered down to 1654m MD and preliminary logging results indicate that the well encountered water-bearing sands and some gas shows in thin beds which are not considered to be commercial. The information obtained from the shallow sections provides insights into similar in the deeper waters," Karoon added.

The company said that the La Cruz and Mel Pelo results were independent of the deeper primary targets

[picardy] 11/2/2020 12:09

I am closely watching this one. The fundamentals and the oil price projections do not bode well, but it is an interesting one - will there be a TA bounce and where is the bottom? So far, I bet a few people been burnt.

[sarkasm] 11/2/2020 12:03

Picardy
11 Feb '20 - 11:50 - 41189 of 41189
0 1 0
This share is a perfect example of never trying to catch a falling knife. How many thought they had a great deal at 55p then 50 and now, 45.

GOOD POINTS IN HINDSIGHT

BUT CERTAIN ANALYSTS HAD POINTED OUT THE RISK DOWN TO A 40P SUPPORT AND BEYOND

So the moral is read and you will find reasons to wait before buying

[picardy] 11/2/2020 11:50

This share is a perfect example of never trying to catch a falling knife. How many thought they had a great deal at 55p then 50 and now, 45.

[stupmy] 11/2/2020 11:27

You've called it well SR, my interest is what happens after 41. You have 21. I've not looked in detail. Whites, do you still believe that it's simply about guessing and that your fundamentals are the key? I really hope you are starting to realise that you'd do better by learning some new tricks. If you're still holding after doubling down or adding at least to give a 100 or so average, it cannot be any fun at all to watch it come down to the levels that I suggested it would weeks ago (feels like weeks, maybe it's just a good few days).

For goodness sake, open your mind to the possibility that there are things you could add to your way of trading/investing that would reduce your stress

[theblackbaron] 10/2/2020 20:04

We are just quiet ready to burn you idiots very soon once we get our entry points

[sentimentrules] 10/2/2020 19:27

Very quiet here...a sign all hope is lost now

[marfox46] 10/2/2020 16:29

16:26 - a buy of just over 1000,000

[waldron] 10/2/2020 16:27

smartie6
10 Feb '20 - 16:22 - 41182 of 41182
0 0 0
I guess you'll both agree with each other right up to Administration.




WHAT FUNDMENTALS SUGGEST ADMINISTRATION



First indicatiom might be after results and even then imo too early to tell

[smartie6] 10/2/2020 16:22

I guess you'll both agree with each other right up to Administration.

[theblackbaron] 10/2/2020 16:21

shorters getting a bit worried

[waldron] 10/2/2020 16:12

adrian j boris
10 Feb '20 - 16:02 - 41175 of 41179
0 1 0
Net Tangible Asset Value PS * 55.55 p

Net Asset Value PS 161.58 p


* Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.

Might agree with a further dip but adminstration over done in the realms of idiotic



AGAIN WOULD TEND TO AGREE

[waldron] 10/2/2020 16:11

adrian j boris
10 Feb '20 - 15:07 - 41165 of 41178
0 0 0
surely a dangerous time to buy

it still could hit 40p or go lower depending on results



tend to agree

[sbb1x] 10/2/2020 16:09

3 x 500,000 buys realy ?

[sbb1x] 10/2/2020 16:08

When do you suggest that will happen...

[sbb1x] 10/2/2020 16:06

Hands up who just bought 500,000 shares..

[smartie6] 10/2/2020 15:56

Take no pleasure in saying I was right this morning. Now fearing the worst.
Next stop 36p? Then Administration?

[marfox46] 10/2/2020 15:50

Must be looking quite juicy now for a possible takeover?

[sbb1x] 10/2/2020 15:45

I mentioned time to add under 46, so we will see in coming days , weeks and months a head if it was a good call or not.Fair value is 70p so we will see where this goes.