Member Info for antonvb

Daily chart shows a dramatic drop to 40p that lasted a few minutes.

I dare you to short Tullow at 40p..... I double dare you!!!

Come on..... you know you want to.....just think about how much you'll make on the trade.

https://www.pulse.com.gh/apo/kenyan-cabinet-secretaries-hon-john-munyes-and-hon-charles-keter-commit-to-african/wq528w1

https://www.businessdailyafrica.com/bd/opinion-analysis/ideas-debate/will-rising-oil-prices-help-revive-turkana-oil-project--3541858

12th March 2021 - 60.82p
13th April 2021 - 45.38p
14th June 2021 - 64.84p

Happened before and will happen again :-)

Very true .... but this is so cheap it can rise by 25% in a few minutes too. From what I've seen normally when this drops on Mon, Tue, Wed and Thurs we get a blue finish on Friday. So tomorrow will be interesting, as will next week in the run up to Wednesdays announcement.

I think people have tunnel vision ..... it is not just Tullow dropping. You just have to look at a lot of other shares and you'll see the same pattern. In fact today we've dropped the same as Shell (RDSB) today. I suspect we'll soon seen an upward trend, as a bargain at this price and next week it'll be in black and white that Tullow is a going concern.

You're all going on about the drop, but the drop happened from 62.10p on 3rd of June to 43.63p on the 19th of July. So this drop is old news, as for the past 2 months we've been in the 40p to 50p range. Also this talk of leaked bad news is just *******s. Was the trading statement in July sketchy ..... no it wasn't. Did Enquest drop before their half year results were published .... no it didn't.

You're being fleeced by the MM's.

Everyone who's a Tullow share holder and posting negative or despairing comments ..... shut up! Your comments do nothing positive for the share price or sentiment and if you have lost faith, then I suggest you sell and move on.

This share being called a gamble really makes me laugh. Last year and before the refinance it was a gamble ... now not so much.

Just over a week to the results. If you think it's never going to go up again sell, else just be patient.

It does matter when the share price goes down, but the reality is you can't 100% accurately predict a share price movement. Ultimately all the charts and research are educated guessing. But for example I held Tullow when it was 38p and it dropped to 14p, wasn't nice but I still held as I believed the drop was panic selling and overdone. That drop is irrelevant to me now as we are 44p, same as the fact we were 65p is also irrelevant to me. You just won't always get it right, so if one day you sell at a profit in the end it was a good trade, no matter what happens in between. Way I see it anyway :-)

I'm going to disagree Big Risky .... so far every time we've gone up before the announcement and dropped on the day. This time I think it is going to be different. No one is expecting anything, however there will be one fundamental change. When looking at Tullows published accounts it will be a going concern. This will be in black and white and a very different picture to the last set of results.

Afraid the only time I'll be giving the ramping a rest is when I've sold and enjoying the fruits of my patience. And no, I won't ever deramp.... this share has been too good to me for that.

But honestly if you think the BOD give a **** about your investment or short term fluctuations you're very much mistaken. They just care about their share options so have a longer term outlook. Take Rahul for example.... he doesn't care today if we're 65p or 45p today as he has a few more years to accumulate his share incentive.

Maybe .... just maybe ... the BOD is busy running the company and trying to get production up and are not worried about a short term dip in the share price.

Indeed ... seem to only track oil on the way down :-(

Really starting to believe we may only see real positive movement after the 2021 results are published. We all know they're making money but I think institutions like to see it in black and white. Plus the 2020 results had the eye watering amount of £4,408.30 million debt under current liabilities. This should be moved back to Non-Current Liabilities in the next results given the refinancing and hopefully some it will be paid off too. So at the point on paper Tullow will be a much better investment and we'll hopefully get the investors piling in again. But who knows ....

Interesting .... thanks

The one good take away from the low volumes this week is that it looks like being relegated from the FTSE 250 isn't going to make any difference to the share price.

That kids is why you shouldn't do drugs....

..... so we can go back to 65p. $73.56 and we're down ever so slightly...... unbelievable..... I'm starting to think we'll only see the real benefit of high oil prices on the share price once we see the year end results of the oil companies being published next year.

Jeffrey I'm holding.....anything is possible but at the moment I think there is more upside than downside. That said, I'm fortunate in that I first got into Tullow at a bargain price last year so can afford to take the risk as am well up and can also currently afford to wait it out.

I still think this will get to at least 60p again before the end of the year, especially as winter bites and oil use increases. Plus if Raul gets Kenya off the ground or Tullow strike it lucky with one of their other potential fields then who knows what's possible.

All just purely my opinion of course, so time will tell ....

Wasn't aimed at you Jeffrey, but at certain others who've been flooding this board of late with rampy Enquest posts. Not going to mention names, as I decided a while back that I won't engage with them or specifically mention them. I don't take any joy in people losing money no matter how annoying they may be, except for shorters. They can burn in hell, as I think the world would be a better place without them.

Not much Enquest ramping going on here today......