MisterHarry
26 May 2018
Re: Bots A Lot has changed since then, namely the price of crude which has nearly doubled. The latest pullback on crude has come about by rumors that Trump will bully OPEC and Russia into releasing more oil....Good luck with that
MisterHarry
26 May 2018
Re: Planed shutdown Well spotted, and they say cigarettes are bad for you.
MrSmurf
26 May 2018
Recent shenanigans fao bummell Dear Bummell,Thanks for sharing your research and views over the past few months. I certainly owe you a huge debt of gratitude and at least a few hundred drinks! You called it spot on when identifying the reversal from bear to bull, when all the sabre rattlers were at their loudest. I would be very interested in your views on what you think is taking place now. I think it's clear that we are on an upward trajectory with respect to POO and we need look no further than the fundamentals of supply and demand, lack of large projects in the pipeline due to recent underinvestment, as well as the flaws in shale oil being exposed, for evidence of this. Why the current exaggeratted shakedown on stocks like tlw (And the disproportionate to oil price) droo? When will the feeding frenzy on PIs stop? Where do the shorters sit in all this - interesting how despite trend for shorters decreasing positions, US based Linden increased their short days before this huge fall. Also interesting how brokers BNP Paribas upgraded tlw target to 3 pounds 50 days before the drop. How much of a priority do you think debt paydown is to tullow? Any evidence to suggest that II's are now redirecting (ore poised to) redirect serious funds to oil stocks? Thank you in advance!
Cashman103
26 May 2018
Re: Bots *banks. I wish posts could be edited on here.
Cashman103
26 May 2018
Re: Bots Buy shares back? Are you for real? Only recently they were forced to have a right issue. The wants want the capital structure to be less geared
MisterHarry
24 May 2018
Bots The bots done a good job today.....Let's see what happens tomorrow....Tullow could help themselves if they made a commitment to buy there own shares back.
MisterHarry
23 May 2018
Re: Planed shutdown Well its good to get that drop out of the way before the bank holiday. Should creep up again.....Tullow have lost 5 offshore licences in Peru through no fault of there own...I would mark this as a +++.......$80 a barrel puts gasoline at $3.00 a gallon in the USA. Its there watershed. That according to Malcy's blog works out at 40p a litre.
MisterHarry
23 May 2018
Re: Planed shutdown Are you surprised Sage, where have you been. This has been planed for nearly two years. Remember the insurance is stumping up too. It is routine for all wells to shutdown now and then......Lovely tree shake going on..Sage do you work for Goldman Sh+++++, always behind the curve and having your own agenda.
gubu
23 May 2018
Moving along in Kenya According to this report, agreement has been reached in Kenya on the internal distribution of tax revenues from oil, removing an impediment to exporting from the Tullow discoveries. Looks like good news .[link] Uhuru Kenyatta said on May 19 leaders from the northern Turkana county agreed for the central government to receive 75 percent of the oil income, while 20 percent will be earmarked for regional governments and 5 percent for the local communities. While lawmakers from the region originally wanted a 70:20:10 ratio, they dropped their demands after the government agreed not to peg normal county budget funding to the oil revenue."
sage in the hills
23 May 2018
Re: Planed shutdown ...."planned shutdown " ?...otherwise we are in woodworking mode ...SAGE
MisterHarry
23 May 2018
Goldman Sh...... last week going by this article. Goldman Sachs moved there target price for Tullow from 170.8p too 260.6p....... Glad they got the .8p and .6p in [link]
MisterHarry
22 May 2018
Planed shutdown Its looks like the planed shutdown will start next Monday. I hope Tullow has give themselves some riggle room.......If it was me I would plan for four weeks and if it was complete in three weeks . the market would react positively. [link]
shugg1e
21 May 2018
Top sliced Sold half this morning due a pullback stop order set at 262 for the rest.
MisterHarry
21 May 2018
Tesla The cult of Tesla is imploding. Tricky couple of week coming for Tesla ........The electric car will only happen on mass when oil is $200+.
brummell
18 May 2018
Re: Short positions The uncrossing trade this evening was £2.76, so still looking very strong. interesting divergence in the three remaining shorts. The total is up to 2.99% from 2.97%. Capital Fund Management reduced from 0.78% to 0.67% on 16/05/2018 (once again a late declaration) while Linden increased again from 0.80% to 0.93% yesterday.
