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You’ve figured it out JAMX, why is it that so many other’s on ear haven’t ?
Laziness or just believe what they see without question.
Super, something that is overlooked on these bb’s is computer programs. They are not only used for information platforms but calculating trading values & much more. Obviously this wasn’t the case pre computers. So in the absence of this knowledge are PI’s evaluating circumstances with a perspective from an era years ago, previous to computers ? By ‘coincidence’ posts re 25p have been made by PI’s without that knowledge.
In contrast, in the old days orders were matched in the back office with paper slips known as pink slips & OTC. There was no mechanism or influence from computers programs.
He isn't, why would he waste his hard earned:)
PRetty good endorsement. When is TLW CEO going to do the same?
I am happy to trim your hedges at a price! pls let me know what area you are in? and also make sure there are no birds nesting? thankyou
Where are you? The silence is deafening :)
Gogadget,
Please don't discourage foolish derampers from losing money, not that I believe he's actually going short. Sp has broken decisively out of the recent downtrend.
Based on the daily chart I think we'll see a sharp 10p rise soon, taking us to a 20 month high, which will attract a lot of momentum buyers.
Old and new hedges based on company projections of $80 per barrel. Currently bringing circa 350k extra daily revenue @ $89.4 dollars todays oil price, where as on the new hedges it will be circa 582k extra daily revenue. Big money if oil elevated for the rest of the year!
Not sure on the date of the expiry of the poor hedges. Trading statements prints improved hedging in H2 (1st July) where it’s also stated from June, which can either be interpreted as from the end of June, or from the start of June. My opinion is it’s the 1st July H2.
About the last of the poor hedges expire in May 2024. Can anyone cut through the turgid jargon and explain what the hedges, oil sold at spot price, etc are from then on, roughly?
Kevin Wendell Crumb
The negative results are that tullow won't turn a profit until 2025. Why linger that long when a quick buck can be made elsewhere.
Monopoly man, what negative results are you expecting??? Based on the figures on my calculator things are going pretty good at the moment with oil being well above $80.
I have decided to short tullow based on the negative results to come in may. Short to 26 p and will invest again in the short term.
Chinese kipper breakfast
Another 0.1% short reduction yesterday. Slowly but surely...
GLA LTH
Who wants a succulent Chinese meal?
Anton lad you still ramping to the idiots. JMAX and Co are reliant upon your useless updates. Shorting all the way down to 29p.............
"Growing old is bad but the alternative is far worse"
Yes, let's have a bizarre proverb competition.
"State of pregnancy exist when woman takes seriously something poked in fun"
Everyone ‘thinks’ that Gold is found by panning sand found in a stream. But the Prospectors spend years panning without finding any Gold, why is that ?
@SickRanchez I'm a bit of an Influenza
Only influencer in my life is the wife.
SB was an influencer on here not that long ago.
no way, i considered it, but couldn't see that. ok, here goes a try '*****uple', just to be sure.