Tullow Oil Share Discussion Threads

[sentimentrules] 09/3/2020 10:59

SR said 21p

Now SR says 2p

2 p or not 2 p. That is the question

[whites123] 09/3/2020 10:58

ICAC9 Mar '20 - 10:52 - 42655 of 42658
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When a company debt is higher than the company market capital , that usually spell the END for that particular company.

SILLY statement..... Its about Liquidity.. and TLW can service debts for foreseeable future with relative ease.
Example for you: McDonalds....

Pathetic statements from you today ICAC9

[hoper2] 09/3/2020 10:54

According to Bloomberg - Rosneft have just announced they are to start increasing production from April. Just when you think it couldn't get any worse!

[sbb1x] 09/3/2020 10:53

25p Thursday

[icac] 09/3/2020 10:52

When a company debt is higher than the company market capital , that usually spell the END for that particular company.

[whites123] 09/3/2020 10:52

ICAC9 Mar '20 - 10:38 - 42652 of 42653
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Mr white when oil is not shifting within the next 6-9 months , cash problems will arise...

For a start 6 - 9 months is still not the end of 2020 (Hedged > $57)
Secondly, if you believe for 1 minute that Oil will stay at these levels for more than a week you are in cloud cuckoo land.

This drop has the potential to send the globe into financial and economic meltdown.
Even the Saudis will not want that.
The Chinese will not want that, and Trump will not want that.

The current situation is a gift that I thought would never be presented.
If you really do believe that Oil will be anywhere near here in 6 months then I guess you subscribe to Coronavirus signalling the end of the world as well, in which case does it really matter???

[icac] 09/3/2020 10:38

Mr white when oil is not shifting within the next 6-9months , cash problems will arise...

[sentimentrules] 09/3/2020 10:38

Yeah most tell me that daily. They soon disappear . New batch next week

[jugears] 09/3/2020 10:37

Well 5p this week , 10p next week that's 100% profit that will do nicely, Seriously though Sentiment Rules I think you are misinterpreting the markets.

[sentimentrules] 09/3/2020 10:33

5p this week...what a laugh really takeover .

[jugears] 09/3/2020 10:30

Not on twitter but read it in the Mail on Sunday.

[dlovatt] 09/3/2020 10:17

Takeover rumour .... https://twitter.com/davidburton1971/status/1236541994270363648?s=21

[jugears] 09/3/2020 10:08

Recovered all my losses here this morning, can't complain at that but can't help feeling I have sold my early morning purchase to soon, Especially with that takeover rumour that's going around.

[nerdofsteel] 09/3/2020 10:07

impossible to buy TLW stock at the moment

[whites123] 09/3/2020 10:04

Tullow will have cash flow problem in coming weeks , they need a bail out from share holders below 10p share price ..

Where the hell did you get this from?
TLW have zero cash flow problems.
In Fact they will report FCF.
They have no near term debt due.
The have $1 Billion headroom.

You are wrong.
If however you really do believe you are right then please share with us where you derive this info from.

Its a bad day, bad week, bad month bad year for all.
Many stocks will fall by the wayside, but TLW will survive as will PMO.
Stocks that may not survive will be some Airlines etc.

[sbb1x] 09/3/2020 09:53

Mid 20s Thursday

[topazfrenzy] 09/3/2020 09:53

35p takeover offer this week

You have been warned!

[sbb1x] 09/3/2020 09:52

Corona virus helped him

[leoneobull] 09/3/2020 09:50

Most annoying thing about the crash apart from losing a fortune is SR being right

[icac] 09/3/2020 09:49

Whites- by April/May this virus will peak causing many more cities worldwide to a lockdown . Tullow oil hedge At $57 will be sitting in the background with no takers because buyers can get oil today at around $33 per barrel. Who would buy tullow oil for $57 when others are selling at much cheaper per barrel?? Tullow will have cash flow problem in coming weeks , they need a bail out from share holders below 10p share price ..

[whites123] 09/3/2020 09:44

cashandcard9 Mar '20 - 09:25 - 42632 of 42636
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Whites,


That maybe, but are there any covenant triggers linked to oil price?



Cash

None: TLW are in a very fortunate position (IMO) in that the hedges they have in place essentially guarantee > $57 oil
I do believe that once the shorts have had their fill and buyers return "Sniffing the bargain" the rise will be meteoric.
We know that in the main punters do not short other than spread bets and CFD's, but not many will be gutsy enough at this price to maintain short sell status.

[n73] 09/3/2020 09:32

most of the traders not all of them.