Tullow Oil Share Discussion Threads

[orkneyarab] 19/3/2020 13:21

You should know, you "worked" for them.

[icac] 19/3/2020 13:18

The Chinese buy successful businesses / company .. is TLW one???

[spacedust] 19/3/2020 12:52

Royston that's great team work....hahahahahabab

[5huu] 19/3/2020 12:51

This is the farmdown that Tullow alluded to in their Portfolio Management activities statement. It strongly suggests this will happen now, which once it happens will remove any material uncertainly about Tullow's future by bringing gearing and covenants in line with the new low oil price era. This will very likely be overlooked by many, but this excellent news.

[royston6] 19/3/2020 12:45

Another one who can't post a link.

[teamwork1] 19/3/2020 12:28

https://www.newvision.co.ug/new_vision/news/1516747/tullow-oil-uk-hope-future-uganda-oil

[sbb1x] 19/3/2020 12:11

Tlw mkt cap 113mEnq mkt cap 125mPmo may cap 135mWe are far too low !

[spacedust] 19/3/2020 11:55

Besides the point. The point is did human beings survive and life moved on?

So c19 ....will humans survive it and life as we know it, will it move on eventually???? If not then we are all doomed collectively and whether any one makes a buck or loses it all, makes no difference at all.

I strongly believe that we will survive and yrs to come we will look back and think that there were bargains smack bang right in front of our faces.

[sbb1x] 19/3/2020 11:46

China is coming for all the businesses in Europe, nothing is safe.They might get tlw for 30p a share and just refinance the debt.

[eodfire] 19/3/2020 11:29

Spanish flu- a 2007 analysis of medical journals from the period of the pandemic found that the viral infection was no more aggressive than previous influenza strains. Instead, malnourishment, overcrowded medical camps and hospitals, and poor hygiene promoted bacterial superinfection. This superinfection killed most of the victims. Quite different to covid-19.

[roberto mancini] 19/3/2020 11:27

The whole mkt could go into meltdown in the next few weeks/months,..you aint seen nothin yet

[roberto mancini] 19/3/2020 11:24

Spanish Flu had a second wave in the following winter period which claimed the most lives.

[spacedust] 19/3/2020 11:20

How long did Spanish flu last?

How did economies do for their time during the Spanish flu.

We've had the plague, world wars and countless other viruses. Human being survived and life moved on.

Exactly the same will happen eventually.......

[sbb1x] 19/3/2020 11:02

China is buying up all the businesses in Europe now, the power is going from the west to the east.The biggest transfer of wealth in history.

[icac] 19/3/2020 11:01

This coronavirus will stay for at least another 12 months .. even after coronavirus had gone, people will still be very cautious and not fly or go out as much... Oil will slump to another new level

[icac] 19/3/2020 10:58

To my knowledge China has already entered into 2nd phrase of coronavirus. Their own countryman returning to china from places like Italy,spain, UK , Holland, Germany etc etc.. I been told for China goverment is trying to stop people infected returning to china but introducing a new law that anyone returning must pay for coronavirus checks and and self quarantine expenses which could cost up to £15-20,000. Add on top air ticket to china cost around £20,000 per person.

[sbb1x] 19/3/2020 10:48

Enquest cut 6000bpd

[ammu12] 19/3/2020 10:24

Why is enquest falling ?

[eodfire] 19/3/2020 10:22

I get your point about state run China. If you're told to stay indoors you will. We might not be state run but there's a lot of fear out there. I'm already aware of a lot of people in my community self isolating out of choice - before being instructed to.

[eodfire] 19/3/2020 10:16

Talking a lot of sense spacedust. Absolutely terrible what the virus is doing to the population around the world and I really feel for people who have already been directly connected to it so far. But my objective view is that we will recover, and the financial markets will recover. Like you, I have a taken some tullow and pmo - can't resist these silly prices. I've also been buying Shell (with divi set in stone). I'm also buying some funds regularly as we move through the pandemic and hopefully come out the other side.

[deltalo] 19/3/2020 10:07

We're on the verge of a global recession. Yesterday saw the pound at its lowest value against the dollar for 35 year's.The 350 billion for this country is a fraction of what's needed to keep business afloat. China had very strict measures to contain the virus and they abided by them.Can't see the idiots in this country doing the same.

[icac] 19/3/2020 10:06

Spanish flu killed 50m people?? Wonder how big influence that will be towards the oil industry alone? Massive I say..