The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Krisdavies8885 hi, if someone showed you a diagram & explained the setup running in the background, it would all make sense. You would also have a very different view & wide understanding of all the different ways shorts are used.
I’d love for you to show me/explain my friend.
Krisdavies8885@gmail.com
The current share price value has nothing to do with City MM. There is no confidence in Tullow's abilities to weather the storm at present. We can all guestimate what the price it will be, that's just false hope. For anyone who knows this share, Investors have lost their shirt on it. Tullow is at a turning point now but until the hard earned cash receipts are announced, investors are holding off. The Shorters aren't suppressing this share, it's only 4% reported. There's simple no liquidity within the share buying. There's no decent volumes going through either side and you can't suppress that unless investor have no real reason to buy. The company has been streamlined, which happens for a number of reasons, possibly looking for a potential suitor. Uganda was sold, yes cheap but when you're hemorrhaging you need a lifeline and that was it. If it was still on the books, we'd flatline. It shows our ability to recover. Take what you want from this, GLA. Play Nice!
daragh, agree with the confidence angle, there has been endless guestimates and speculation as to the money we are generating or not.
Hoping for some encouraging definitive numbers on the 14th to calm the nerves and kick start new interest.
ONWARDS £ UPWARDS !
Thank you, but don't be shocked if it doesn't rise to your satisfaction on the 14th. I see this being a longer play than that. When cash hits the accounts (YE )and the FID is in-line with market expectations. This share will bounce upwards quickly as it did down. Them bounces will come when you least expect them and will catch investors off guard, some times driven by larger institutions hedging. Its the type of share you could see a 100% increase on a Monday morning for no particular reason, best to be in than out. It will happen but there might be a longer waiting game, we're nearly there now no point jumping ship, if you've been in long term.
100% In a day .... probably the most rampy statement I've ever seen on here :-).
That said, this share is so cheap it's really not impossible to believe it could happen. Oh man, that would be one of the best days of my life. Come on 100% Monday!!!!!
No Anton mate I beg to differ. I remember when it was in the high 30’s and a certain contributor to this board was predicting 90p by 3.00pm ;-))))
Good analysis daragh. Major investors /institutions won't invest until they see cash in the bank. When this happens the sp could rocket
90p by 3pm was coming long before this was high 30s
@stuartv ... just because I (or anyone else for that matter) believe something could happen doesn't mean it will. It also doesn't mean it won't , however likely or unlikely it may be. What would happen to the share price if Tullow were made a take over offer of £1.50 a share ..... the share price would almost instantly double. Will that ever happen .... who knows.
Which begs the question, what is fair value for a company with oil @ $75+, proven oil in the ground, world class licenses to explore and the world slowly returning to normality ?
Antonvb you must be the kind of person who still believes in the tooth fairy and santa.....
YoungEngineer, you have been negative on Tullow for the past 15 months, and the sp is up by more than 200% since then.
Perhaps Santa would have delivered for you had you been a "good" boy/girl.
and YoungEngineer you must be the kind of person who is an idiot .... I bought Tullow shares at less than 10p last year and have held them ever since while I dream of them going back over a £1 .... hasn't turned into a wet dream just yet, as they're only a mere 62p at the moment.
Why buy a lottery ticket if you don't think you'll win. Why start a business if you think it'll fail. Why buy shares if you think they'll tank. Do I really believe Tullow will actually go up 100% in a day .... no .... is it possible ..... yes. It's free to dream ....
Pray if you must but in over 2000 years and including multiple religions there isn't one shred of evidence that any god exists so I prefer to believe in santa who never lets me down whether i've behaved or not.
Actually, if you've looked back on some days for the past numbers of years. There has been 100% decreases and 100% increases in the share price between the open and highest/lowest price points within the day of the share trading, I can't guarantee they were on Mondays. I also can't guarantee their frequency. DYOR. Best of Luck AntonVB!
Does a 100% decrease not mean it goes to zero?
It could but it never has happened yet, DYOR. The company would probably be in Administration/ Bankruptcy, at that stage :)
Shaw - why do you keep repeating 90p rubbish
Because he will be right someday, soon!
Same reason that you keep posting negatives on Tullow ... he wants 90, you want 20 ... what's the difference?
Sorry Darragh, I was responding to your earlier comment of c11:58
I don't know about you guys, but I want Tullow's sp to creep slowly and by stealth. I need time to accumulate and average down if possible.
No capdailbrit - I want the sp to go as high as possible. Most of my posts raise questions on other posters statements that the sp will go to 90p or a pound or whatever. I usually ask what evidence posters have for these comments. Usually no evidence is given. It is wrong to assume that I and others who ask questions are not fans of tullow
My bad, it is just that you never question people when they are posting negative on the stock and only those who are positive.
Anyway here is some good news, looking forward to 14th as we have have been seriously cash positive this year.
https://oilprice.com/Energy/Crude-Oil/Oil-And-Gas-Companies-Set-For-Record-Free-Cash-Flow-This-Summer.html