Member Info for antonvb

Thanks for sharing ....

"Currently, the government has extended the review period of the FDP to the November 6, 2022."

So hopefully we'll get approval by the 6th of next month and then the deal with the strategic partner can be done.

If you are a holder it is inadvisable to post negative comments on Tullow, Rahul or the current state of affairs. Indeed you may be sitting on a loss and very frustrated, however I can assure that no amount of *****ing and moaning on here will help you recover your losses. In fact the opposite is the case, as people do read these forums and why would they decide to invest if the current holders don't even feel positive. You can look at graphs and charts all day, however sentiment has a lot to do with share price and there's definitely too much negativity from holders on here at the moment to encourage anyone in. So you need to face hard truths and if you continue to hold be positive, even if things don't turn around I can assure you that you'll feel better just being positive.

Prev. Close: 42.74
Open: 42.72
Close: 42.74

No SavvyInvestor should ask for advice on investing heavily on this forum. But seeing as you asked.... my opinion is go for it!

Sometimes I do get it right JMAX......lol

.....if you hold and you're not positive you should sell. Else, keep the faith and keep the dream alive.

"I am in here for long term but having a second thought after update."

Sound familiar.... should be.... from one of your recent posts. If you're not a shorter I'll eat my Tullow shares.

That must be why they put that TLW "continues to progress a number of levers for value creation" and included Kenya in yesterday's RNS.

Joker.....

Unfortunately what you say is probably true of every CEO. They are largely in it for themselves and not interested in what happens to small investors. We just get fed scraps.

I do agree that TLW could do better at communicating things. Pretty sure they would of known in advance so should of had a response prepared. The one yesterday did look a little rushed and was a bit late coming out in my opinion. Maybe it's a symptom of running a too lean operation with a lot of cost cutting, whereby the PR type roles tend to get the chop.

One thing that I forgot to mention and hope my hunch is correct, is I don't think Rahul was counting on the CNE merger cash for the Kenya deal. I think due to the fact that no date was put on the merger, the idea was to get Kenya over the line thus increasing the TLW share price and making the deal make sense to CNE holders. So it looks like the delays by the Kenya government caused the merger to fall apart, but I'm still hopeful we'll get a deal in Kenya. As always....time will tell.

I really don't get this Rahul bashing.....what exactly do you want him to do? He inherited TLW on the brink of total collapse and has stabilised the company. He attempted the CNE merger rightly or wrong, however definitely did the right thing by not getting into a bidding war for it. Then you have to remember TLW operates in Africa.....he's probably tearing his hair out just as much as us that the Kenyan and Ghanaian governments can't get their acts together to sign agreements that improve their prosperity. Might not be what you want to hear but it's 2022 and his 5 year plan started in 2020, with his share options only maturing in a few years. Then you need to look at the general state of the UK stock market this week. There's a sea of red out there and a lot of shares have slumped massively, some to near pandemic levels of 2020. Plus the oil price has dropped significantly. So for me the fact we're still above 40p at the moment speaks volumes and I belive a little more patience is required.

I predict a blue day today......yesterday's drop was overdone. Markets didnt want TLW to merge anyway. Also, typically when we drop 5% plus we make 2 or 3% of it back the next day.

JMAX what exactly is your agenda here...

"The FDP is currently under review with the government of Kenya extending the review period to November 6, 2022."

Tullow are waiting on the Kenyan governments review, not the other way round.

Idiot..... do you really think we're going back to 6p????

JMAX you're forgetting that share holders have to approve the take over. I doubt it'd be agreed for under £1. Just look how the II's pushed up CNE to get maximum value. Could be wrong but think Azevelors average is close to 50p and they own 11%

Do have to wonder why TLW haven't released their own RNS. Surely they'd have been aware this before the CNE RNS was released today. I just hope it's because they're way to busy preparing for breaking the Kenya news next week at Africa Oil. I'm the eternal optimist here and even I am starting to have doubts about what the hell is going on here....

https://www.lse.co.uk/rns/CNE/capricorn-proposed-combination-with-newmed-th5trppa7x7qy4j.html

Well I hope that's the end of the merger and we can move forward onto better things. Markets reaction to it was never very favourable and the share price has done nothing since it was announced.

My personal inexpert opinion is that neither the US or the EU want Britain to turn into a low tax haven or the Singapore of Europe. So any sign of going in that direction we get a bashing.

It's only worth what the current share price is when you sell. In 2020 when it was 10p people on this forum laughed when people said it would get to 50p again. Anything is possible and time will tell, you just have to place your bet and roll the dice.

Well the smart money knows this is going over 50p again soon and what it'll be by 3pm

:-)

I have an opinion and express it, which we're all entitled to do. My opinion has been and always will be on the positive side. You of course are entitled to yours too, however you just seem to express the negative possible outcome if someone expresses a positive opinion. For example if I say oil is going to go up tomorrow you will simply reply back that oil may also go down tomorrow. That's just pointless.