Tullow Oil Share Discussion Threads

[ronwilkes123] 12/4/2020 20:05

Americans are buying the difference imto reserveWill be eqv 19 million cut

[smartie6] 12/4/2020 19:59

Wow.
It's truly fkd.

[ronwilkes123] 12/4/2020 19:21

Carole Baskin

[sbb1x] 12/4/2020 19:19

Honestly chaps, Who is happy with 9.7m bpd?World uses 100m bpd.From start of March that has fallen up to 35m bpd.Let's take average 25m bpd.The lock down is definitely going on to May. uk are talking 23rd may. Italy and Bulgaria extended lockdowns, I'm guessing others will alsoNo cuts untill 1st may.The ramp fest on lse is unbelievable, obviously so many punters locked in and want out at first opportunity.Oil opens up tonight, if everyone is so confident go long oil....

[sbb1x] 12/4/2020 14:09

Virus link.Dont press on links chaps, these scammers are getting very good at stealing your password and information!

[sbb1x] 12/4/2020 14:09

Virus link.Dont press on links chaps, these scammers are getting very good at stealing your password and information!

[sbb1x] 12/4/2020 14:08

Virus link ?

[sbb1x] 12/4/2020 13:44

I have seen much worse pages !

[turvart] 12/4/2020 13:40

Whites123, post 35658

"Brilliant.... :-)

Non Exec Director buys £28k worth of shares.

26 years at JPMorgan, and Non Exec of Wood Group.

The guy has calibre and at 54 a lot of experience.. (He certainly does not lose money)

The £28k is 39% of his annual TLW remuneration..

Some may shout small potatoes, but how many of those shouting that, who know nothing of Tullow other than free BB forums spend either A: £28,000 on "Investments" (Not in out shake it all about) because he will have tied that money up for a long long time.
39% of annual remuneration is not small potatoes either.

I would suggest... "Ignore at your will, but the guy is no fool"

Oh yes he was just like you Whites!

[smartie6] 12/4/2020 13:30

Tullow has a failed business model?

[turvart] 12/4/2020 13:28

White123, post 35633.

"The pessimists (Non Holders) will do the very best to talk any stock down.
For those with skin in the stock, consider the company is profitable, is paying down debt, and even pays a divi...

Yes there is a "POSSIBILITY" the latest will not be put into production because of sulfur content, but equally it "COULD BE"..

Unlike exploration, Tullow is NOT a "Must find oil this drill" to survive..
Its a "PRODUCER"...

Jeeeeeeez...... Far far far more upside than downside here.."


OH really? LOL! Does that go back to your seminar Skills?

[turvart] 12/4/2020 13:20

Whites123, post 35521

"Just joined you guys for 85156 shares.
Expecting a quick bounce to £1.80 region.
All broker notes are genuine and Management are getting overly bad press for their error.
Draw some confidence that they knew not of the sulfur content heavy, and therefore the ship is tight with no insider trading.
Great stock.. Overdone drop, expect rebound."

[ammu12] 12/4/2020 13:15

Another Opec meeting today....

[the canadian mounted] 12/4/2020 13:06

Feel sorry for the prolific posters on here.luckily I have them on filter
Let’s face it,who wants to read their drivel!😆

[mcsean2164] 12/4/2020 13:00

For anyone who thinks gambling on stocks is a recent phenomenon...



Great read but a cautionary tale. Castles made of sand etc.

Have a good Easter all. S

[turvart] 12/4/2020 12:20

Whites123,

zzzzzzzzzzzzzzzzzzzzzzz!

[smartie6] 12/4/2020 12:18

One day off will do them good.

I thought they may have nailed Sbb1x to a cross.

[cool hand kev] 12/4/2020 12:13

Eating their Easter eggs 🥚 🤔

[smartie6] 12/4/2020 11:46

Where’s all the tullow boys today?

[bozzawozza] 12/4/2020 11:00

At last a ray of sense

[whites123] 12/4/2020 10:15

I am logging in a bit more than usual in main because the Coronavirus lockdown means no leaving the home.

My surprise. 126 new messages this morning from when I last logged on, fast scroll... page 1, fast scroll, page 2, fast scroll page 3..
By fast scroll I mean exactly that, just observing the authors, and not stopping to read any pearls of wisdom, as there never will be any.

Mexico... Being reported as a potential stalling point for the agreed OPEC deal.
Some press running with deal not done, others running with deal done and 15 Million barrels a day to be withdrawn.

Its all relevant of course, but much less so for Investors.
The reason:
As outlined at Tullow's Full Year Results, the impact of reduced oil prices is mitigated by the Group's robust hedging strategy. Tullow has 60% of its 2020 sales revenue hedged with a floor of c.$57/bbl and 40% of 2021 sales revenue hedged with a floor of c.$53/bbl.

For TLW holders they really have nothing to worry, nor concern themselves for until well into 2021.. and if anyone thinks the price of oil is going to be anywhere near these current lows well then they really do live in cuckoo land.

Oil is not going to go out of fashion, the shutdown because of Coronavirus is a stalling issue only.
Industry has not closed up and gone to the wall, its actually fairing very very well.
Food is still on the shelves, cars, buses, trains, shipping, airlines are all still operating.
Industry is still producing..

But in the background Industry and all manufacturing is building up to POP when restrictions are lifted.
It will produce a BOOM like we have not witnessed before.
Short term small companies my struggle but the boom will filter down to everyone.
One of my businesses has closed up shop, and it will essentially go into hibernation as it relies on human throughput.. But when the boom comes then I expect it to be busier than ever before.

Electric: Renewable s: LOL. The Greta Brigade will be pummeled into non existence.
People will start accepting that carbon footprints from electric cars is greater than diesel and petrol.
Emerging markets will not wish to be constrained by idealistic propaganda perpetrated by the privileged.

And Oil... Oil will be in great demand once again.
With storage facilities filled to the brim the glut will run out of steam soon, and when there is no demand for oversupply then the Saudis and Russians will slash production further.

I foresee TLW at above a £1 with relative ease by year end.
I foresee Oil at above $70 by year end.

I however dont have the foggiest where oil will be at 8.05 on Tuesday morning, nor at 8.06, nor 8.07 nor 8.08 etc etc etc...
I will leave those predictions to the "in out in out shake it all about brigade" The ones that are so perfectly correct all the time they take 24 hours a day out of their schedule and enjoying their success to post vitriol and slander all day on a free internet bb.