Tullow Oil Share Discussion Threads

[delta_1] 09/3/2020 15:29

Thursday may have something to do with this....https://twitter.com/davidburton1971/status/1236541994270363648?s=21

[philobeddoe] 09/3/2020 15:26

Can someone please tell me what news is expected Thursday?

[sentimentrules] 09/3/2020 15:12

Sorta the reason for 100p then, 16p now eh?

Can't blame crude. Same price back then

[sentimentrules] 09/3/2020 15:11

Leoneobull9 Mar '20 - 14:43 - 42703 of 42706
0 6 0
Sr clueless, but lucky....tlw had debt issues in 2016. 4.8 billion, now 2.8 billion...

...

U seem a bit clueless Leone. .they had much bigger expectations that failed. Now the short term debt look ten times worse

Never mind long term

[nerdofsteel] 09/3/2020 15:09

And they have 220m is cash so the effective value for all their non-cash assets is £13m

[n73] 09/3/2020 15:06

At the moment this firm is valued at about £233 m

[icac] 09/3/2020 14:53

15p close with continually daily drop for the next 6 months. Wonder where the share price will be at come september. Single digit without doubt.

[leoneobull] 09/3/2020 14:43

Sr clueless, but lucky....tlw had debt issues in 2016. 4.8 billion, now 2.8 billion...

[jugears] 09/3/2020 14:23

Whites123- totally agree.

[subsurface] 09/3/2020 14:23

Global stock markets have crashed, with trading even briefly suspended in the US, as worries over the coronavirus crisis intensify amid a collapse in oil prices.
from sky news

[icac] 09/3/2020 14:04

Mr white, discussion to be continued a few weeks down the line 👌👍.
See you around 10p mark. The warning 🛎🛎 will stop here.

[w1ndjammer] 09/3/2020 13:58

COVID-19 World wide cases

active 45078

closed cases 66567

total cases 111645

can you see the corolation

WJ.

[whites123] 09/3/2020 13:57

ICAC,

Now I understand a little better..

You happen to know that the virus is worst than a lot can imagine.
You happen to know Oil will be sub $40 for 2 years plus
TLW has fallen 90% in part to bad results, Ghana issue, failure to find sweet oil in last 2 drills.

However, in percentage terms the biggest drop is because of Coronavirus fears.
A virus that kills less than the common flu bug.

Media have driven this and not reporting the thousands who get over the bug and report it as akin to a mild cold.

I believe Oil will not remain sub $40 past the end of this week, and certainly back above $60 / $70 by year end.

China is like a rocket ready to explode.

When people the globe over stop responding to the media hype then there will be a rush for stock like we have never witnessed before.

What happened to SARS? Swine Flu? Bird Flu? Ebola?

[delta_1] 09/3/2020 13:52

Rumour of a takeover on Twitter....extract from Sunday... https://twitter.com/davidburton1971/status/1236541994270363648?s=21

[icac] 09/3/2020 13:47

Mr white, if tullow is in a strong financial position, why has it fallen by 90% in the last 6 months,?

[icac] 09/3/2020 13:45

NAT GAS will be huge...

[w1ndjammer] 09/3/2020 13:26

I am doing well on Nat Gas been buying every time it hits historic lows
building a decent position, going to hold for at least 12 months.

WJ.

[topazfrenzy] 09/3/2020 13:15

30p here tomorrow

[sentimentrules] 09/3/2020 13:05

But as long as whites is bullish, the bulls need not worry

loooooool

[whites123] 09/3/2020 13:03

ICAC,

Do you understand it is liquidity that determines whether a company is bust or not.
TLW can service debts.
TLW has hedged majority of 2020 production
FCF covers 2021 due debts
I know its a bad time for all stocks and TLW is a wonderful target as buyers will sit on the sidelines and the stock can be trashed, but it is NOT going bust as you try to suggest.

How long do you think Oil will stay around this price?
A week?
2 weeks?
A month?

How long before China switches back on and goes full steam into overdrive?
When this happens then Oil will rebound like we have never seen before.

[sentimentrules] 09/3/2020 13:03

2016 you saw around tlw 100p i think - Brent around the same price alright

i dont think tlw at 100p that time had the debt issues as perceived today at 17p?

And there were expectations that since did not materialise

much different to 2016

[w1ndjammer] 09/3/2020 12:58

ICAC you do not understand the principles of hedging

you must also still be a little boy if you can`t remember

we already seen this in 2015/ 2016


WJ.

[sentimentrules] 09/3/2020 12:44

The Canadian mounted9 Mar '20 - 12:09 - 42680 of 42685
0 1 0
Oops SR how’s your short?

.............

Its mounting you canadian

how is your posted 26p buy recently?

looooool