Krayl
19 Dec 2017
Almost time to buy The price has fallen back after that piece of poor(ish) news, but it doesn't affect the profitability.The broker forecast is 38p and the fundementals seem to support that.I think this has probably hit the bottom and I will be buying more as soon as I see any sort of upward trend.
piw
15 Nov 2017
Video: TRIN at ShareSoc Nov 2017 TRIN presentation at ShareSoc November 2017CEO Bruce Dingwallc. 40 minutes[link] to Bruce Dingwall – 00:38Trinidad and oil production – 02:22Trinity’s oil fields – 03:30Trinity’s law and national landscape – 04:13Corporate snapshot – 05:47Who are we? What do we do? - 06:54Trinity’s reserves – 09:18Oil production in 2017 - 09:40Trinity’s key metrics – 13:45EBITDA margin: 27% – 14:42Cost base down 57% since 2014 – 15:48Peer group comparison - 16:44H2 2017: increased work programme - 17:46Momentum - 18:332018-19 outlook - 23:20Margin comparison - 23:55Summary – 24:19Q&AWhy is the share price so undervalued? - 25
5What’s the likely CAPEX over the coming years? – 27:54Could you explain how the tax and royalties work? - 29:50Why has it taken so long to get to cash flow positive? - 326What is your dividend policy? – 33:55What are institutions asking for Trinity to achieve before they take a stake? - 24:25Why is the share price so low, what do you need to do? - 365Why is the performance not consistent? - 37:25With the history of Venture Productions, who has stayed with you? What are your plans? – 389
WD in yorkshire
30 Oct 2017
Whitman Howard 33p Price target published today.
Krayl
17 Oct 2017
Re: Good results and a director buy I was wrong again - the capital value is actually £56M, but even with my woeful arithmetic this is still a good buy!
Krayl
17 Oct 2017
Re: Good results and a director buy Having looked at the share capital more carefully I see that the value is currently $56M or about £42M. If the earnings from the last 6 month are anything like maintained then the company is worth way more than that, and the management are saying all the right things about being prudent.
Krayl
17 Oct 2017
Re: Good results and a director buy I am in, and expect to be buying more. Looks like the management have got a grip on the costs and with a total share capital of about £30M it seems to be way undervalued. I didn't have any problem buying on 'quote and deal' so it is not too illiquid (if there is such a word).
Nice to Michu
06 Oct 2017
Re: wakey wakey indeed Thanks for heads up WD in Y and no doubt you're still in and I see you did post good stuff here previously. And continued good luck to you in Trin(I may well look into ADFN.. I look at London SE board already though and three is a lot for me. I'll never own a twitter account for bigger picture reasons.)
WD in yorkshire
05 Oct 2017
Re: wakey wakey indeed NiceGet yourself on ADVFN or Twitter.
Nice to Michu
05 Oct 2017
Re: wakey wakey indeed still ticking up nicely.. so 20p is doable soon.. hopefully.. I did that top up at 18p and have stopped buying now.. but in hold mode more than sell mode at this time...This has doubled in last two months and i feel like I'm more or less talking to myself here.. funny old world.I hope one4all is still involved? .. although the July / August scary fall saw a few jettison their positions here, I expect.. proving this is a volatile stock for sure... so as ever dyor and be careful.
Nice to Michu
04 Oct 2017
wakey wakey indeed ...somewhat decenty... and for now at least..I bought some more this morning when I was more comfortable that 16p had some decent support .. I see it has now moved up a bit again and so I would by some more again at 17.5p/18p .. if that happens...technical guys might get more involved again here now and the fundamentalists might well be confident that a higher again s/p is justified here now given p+l, b/s, future prospects etc..into the 20's is reasonably readuily possible here soon imho..of course dyor... and illiquid stocks like this can go down quickly too on not particularly large selling pressure..
Nice to Michu
03 Oct 2017
wakey wakey maybe ...hopefully.. it COULD be starting to break out ... eg north of 15p might beget further momentum from technicians...plenty of upside potential here still IMHO.. as ever DYOR, of cours
Nice to Michu
26 Sep 2017
Good results and a director buy makes me alot more confident here - again - now.. These guys have effectively no debt now - cleared a relatively lot down - and low(ish) costs of production and so if WTI can stay even close to these levels this could do very nicely going forward.. and therefore pleny of s/p upside potential imho..So i've just done a small top up here..DYOR of course ( and we saw recently that because of the low profile / illiquid (ish) nature of this that if someone goes seriously about shorting it, it can come off a lot quickly ( hopefully they will not pick on it now though.. not least with WTI stronger for a while and a lot better balance sheet in assets and debt and P+L terms.., hopefully.. but who really knows.. )
Nice to Michu
03 Aug 2017
Re: If its good enough for Malcay... Oups.. I'm hoping the fall of recent days is from a shorter who does not know of fundamental issues here but does understand that this is an illiquid name whose price can be easily manipulated and whose management are not proactive in defending shorting occurrences - eg via RNS saying no fundamental changes - and so I've averaged down at 10p ..But DYOR of course as this is gambling.. and anything can happen in gambling!
Nice to Michu
25 Jul 2017
Re: If its good enough for Malcay... waking up a little.. perhaps in anticipation of an update coming very soon.. even if there is an imminent update 'nobody' knows how good or bad .. so this rise is likely speculatively 'in hope' I guess.. Also this is pretty volatile so todays rise so far in that context isn't much...(I have increased my position a bit here since my first post but not a lot as I haven't got religion here.. yet..
Nice to Michu
19 Jun 2017
If its good enough for Malcay... then its good enough for me.. Good to be on board and good luck to all fellow holders..Small position for me to start but will likely grow out as we go.. Need to read into it a fair bit more too.. looks good at first glance though..
