Member Info for antonvb

That was then..... this is now.

Nice to see we were only mildly abused today.....they really struggled to pull this back.....was almost lift off :-)

Getting interesting ... market cap now higher than 3 of the indicative companies who're supposed to be moving up to the FTSE 250 next month.

Judging by the ENQ share price right now seems like you are the only one who thinks that. Smacks of desperation when you have to come onto another shares BB and try pump your holding. Seem to remember you pumping ENQ at 25p ... those posts don't seem to have aged well. Instead of insulting you I will offer you some good advice .... sell you ENQ holding and buy TLW. You won't be sorry.

As things stand right now we currently have a higher market cap than Restaurant Gp Fundamentals (RTN). Sneaking into the FTSE 250 is becoming a real possibility.

Don't think I'd worry about demand destruction at $150. You could halve the current consumption and would be the equivalent of currently selling it at $75. But I always take a simplistic view, so doubt my views will every be coded into any of the trading algorithms :-)

Stock market is well and truly corrupt......no ifs buts or maybes about it. Still say the one thing they can't control is how much cash Tullow is generating at the moment. At some point this will have to be recognised in the share price.

https://www.hl.co.uk/shares/share-research/202202/tullow-oil-prices-boost-cash

I think people are a bit obsessed with $100 oil and Tullow. Yes, oil over $100 is great, however if I recall correctly Rahul's 5 year plan was based on around $55 oil. Anyway, one thing is sure. Oil has been over $90 for 2 months now, which means that even if it was $0 a barrel for the next 2 months this year the average price would be $45 a barrel :-)

At 3pm?
:-)

The potential riser with the lowest market cap currently appears to be RTN at £757 million. If we got back up to 55p or more, I'd say there could be a good chance we'd sneak in. Not impossible.

Or just waiting patiently..... :-)

So we have nearly $100 oil pushing the share price up and the potential of a war with Russia pushing the share price (and the market in general) down. My take on this is that we won't see a war with Russia, as they're not a small band of ill equipped freedom fighters but rather a well trained and equipped fighting force. Not to mention a nuclear power. So whatever happens in the Ukraine the dust will settle and people will soon move onto focusing on the next issue that becomes the trend. In the meantime while all this is going on, Tullow (and all other oilers) and making a packet of money. Eventually that will have to be acknowledged and recognised in the share price.

If shareholders were informed before the market that would be insider trading I think. But the policy of dropping RNS's before the market is open to PI's should definitely not be allowed and changed. They should only be allowed to be released during the trading hours open to everyone, but I suspect that is never going to happen as doesn't suit the big boys.

JMAX I think the stock market is now just a casino controlled by the big boys...... Synairgen is a prime example .... a while back it went from 10p to 240p in a day on a promising looking covid therapy. Now it's tanked on the negative results of a trial. Tanked before the market opened to PI's so they don't even have a hope in hell of selling on the way down before bottom. People chase the money so some shares rocket and then later come crashing down, get in early and sell at the right time you're laughing. However, get in late you end up having to hold for years trying average down and get out. Not that I'm going to buy it, but that's why I think Synairgen is a good buy today as it will never go back to 10p and stay there, as too many people are stuck with it and will buy in to average down. It's one of the reasons why I originally bought Tullow, as it dropped hard and fast from 200p to 10p. As long as it didn't go bust, was always going to go up from there. I just bloody hope that the Kenya RNS is a positive one!

Spare a thought for those holders of Synairgen (SNG). Closed at 171p on Friday and opened this morning at 11p due to a negative RNS announcement. ..... brutal and demonstrates how PI's get worked over, as the drop happens while the market is closed to them.

I initially read it as their average price for hedged and unhedged, however now I'm not sure.

Assuming it is only for unhedged then.....
Hedged: 45,000 @ $78 = $3,510,000
Unhedged: 15,000 @ $86 = $1,290,000
Total: $4,800,000 ($80 average per barrel)

Assuming it is for hedged and unhedged then.....
Hedged: 45,000 @ $86 = $3,870,000
Unhedged: 15,000 @ $86 = $1,290,000
Total: $5,160,000 ($86 average per barrel)

Difference between the two: $360,000 per day or $11,160,000 for the month of January. Obviously better if the $86 average is for both hedged and unhedged, however not a huge difference between the two.

At last a positive post from JMAX. I'm starting to like you .... :-)

The interesting bit in that RNS is this:

"Today's payment underpins Tullow's free cash flow in 2022, supported by a strong start to the year with a realised average oil price (post hedging) of c.$86 per barrel in January."

So even with all the scary deramping posts we've seen here about the hedgeing they're still averaging $86 a barrel. At 60k bopd that's over $5million a day. So in simplistic terms will take them 15 days to generate the cash to pay yesterday's settlement figure. Yet it knocked more than 5% off the share price and people are saying it'll go to 30p. If you're short or waiting for 30p you need to reevaluate very quickly......

Exactly..... 272p @ $80 oil in 2018 with less than 100k bopd production. Fast forward to 2022 .... 50p @ $95 oil with cica 60k bopd production..... obviously a simplistic comparison but that's the disconnect. Yet you still think we're going to 30p..... even though last year at $60 to $70 oil we seemed to be worth around 50 to 60p. End of the day neither of us can predict the future, so we'll just have to see what happens.

My experience tells me you posted on the wrong bulletin board.....