brummell
18 May 2018
Re: Rights profit Or maybe he saw sense, went long and is now posting under a different alias, but still bitterly and fruitlessly trying to goad other posters with inane and pointless incorrect assumptions. Sad but funny. His last post was in May 2017 by which time he probably saw the writing for TLW's recovery. At least he had the sense to beat Odey & Co. to the door though.
MisterHarry
18 May 2018
Re: Rights profit Yea he was one of many that help do a good hatchet job on Tullow and drove it down past it true value.He did get the help of OPEC when they crashed the price of oil from $100+ down to $30........In a way I should be very grateful for mr x, not only does he correct my grammar but I was able to buy at a very low price.....If mr x is in the Caribbean he could check out the Jamaica prospect. Have a good weekend and get out the barbecue.
Cashman103
18 May 2018
Re: Rights profit "Talking about MrX .... where on earth is he? Images of Butlins Clacton and knotted hankie on head comes to mind."Maybe is in the Caribbean spending them profits he made on his shorting when the shares went down from £14 to £1?
Cashman103
18 May 2018
Re: Rights profit .....or then again you may have bought @ £10 plus as Brummell recommended 
elliottsilverman
18 May 2018
Fair value: does anyone on here have a view as to current fair value for TLW? Trying to decide whether to lock in some profits at this stage. Any views appreciated...
Ecologist
18 May 2018
Re: Short positions Talking about MrX .... where on earth is he? Images of Butlins Clacton and knotted hankie on head comes to mind.
MisterHarry
18 May 2018
Re: Short positions When I mean to say by unload there shorts on the dips is, to buy them back....As mister x would point out, my grammar is no good.....Rig count will be interesting today, 80 dollars a barrel is the new line in the sand for a while.
brummell
18 May 2018
Re: Short positions Yes, but they shorted on Tuesday and then the share price went up by over 6% on Wednesday. My guess is that they were sending good money after bad in an attempt to restrain the price. If they were really clever they would have waited before more short selling. Risky indeed when the oil price is so strong. They may get lucky but, as you say, it's not their own money.
MisterHarry
17 May 2018
Re: Short positions I would expect the shorts to go up, when the share price goes up. They will try and unload when there is a dip, which normally happens. It's a risky strategy but its not there own money . If it works they get a bonus, if it fails they can get there standard charges.
brummell
17 May 2018
Re: Short positions The short positions are still under 3% at 2.90%, Linden actually increased their position from 0.72% to 0.80% yesterday. The other two declared positions sitting it out are Capital Fund Management SA at 0.78% and Key Group Holdings (Cayman) Ltd at 1.39%
brummell
17 May 2018
Rights profit Anyone who took up their rights is now sitting on over 100% profit, with plenty more to come. Those of us who bought at the lows of £1 (adjusted) are doing even better, still with plenty more to come.
Cashman103
17 May 2018
Must be back to when Brummell bought over 10 years ago lol [link]
brummell
17 May 2018
Brent now above $80 nm .
MisterHarry
16 May 2018
Jamaica 3-D seismic survey of the coast has just finished, very early to call if there is any commercial oil......I would put the share price rising ,down to catch up on the crude oil price.......... But you always hope
gubu
15 May 2018
Re: Oil in the ground Hi Brummell,Crispin Odey had a large short position here at one time, and you used to track this as I recall, did you follow how well he did overall?If they can start shedding some of that debt load it would be brilliant as the institutions used to love this company. I got a bit scared about the debt and reduced but still have a core holding. Finally a tough question I know but how do you see this going from say a 3 -5 year perspective?
