Member Info for antonvb

It's a valid question.....

Last year we saw the same thing in late July/August/September. I went from a decent profit to a loss then and then up to an extremely good profit at the start of this year.

If we could tell the future we'd all buy at the low and sell at the high. The markets in general are tanking, so this drop is not Tullow specific and the share price will recover. Maybe today is the day to sell your home and put all your money into Tullow or maybe it's Friday next week....who knows, but one thing is for certain.....since this drop started oil has been over $70 every single day.

Sorry....I stopped short (excuse the pun) of threatening to short Enquest ;-)

Have say it's very encouraging to see that the Tullow de-rampers are working weekends. They must be getting really worried.

You can keep posting your drivel on here, however you need to realise one thing. It is having the opposite effect, as you're just annoying people and we'll make a point of never investing in Enquest. Also, if you keep this up you may find others starting to ramp Tullow on the Enquest board.

@JMAX...Yes...got that one wrong... I think it would of flown if the markets in general had been positive. Unfortunately a lot of shares are getting hammered at the moment. Anyway, I'll sleep soundly tonight knowing that you don't base any of your investment decisions on what I think..... :-)

If we were going to get to 45p it would of happened today. I think he AimedTooLow. Shorts are exiting the building and reducing.... if they thought it was going to drop they'd be increasing. 65p by September when half year results are published is my guess....maybe sooner....we've all seen how fast this goes up when the panic sale ends....

Just heard it from a friend who works in the Kenyan government. Tullow will be announcing their plans next week and will be adding a draw of circa 40K bopd from Q2 next year.

Never seen so much fear mongering on this site by the shorters or those wanting to buy in lower, as has been posted this week. Even worse than the Daily Mail covid reporting. Obviously, I don't have any knowledge of anything, however with a bit of luck I caused at least one shorter to have a brief moment of panic. Enjoy your weekend all .... onwards and upwards.... nothing has changed except the share price .... we'll be over 65p again soon.

Funny....the "wise" man is full of words despite his exit from Tullow at 16p last year.... ridiculous how people who made totally the wrong choice of abandoning Tullow last year now feel the need to rejoice in a 10% drop. Even more funny is if they bought back in on this drop it's still nearly 300% down on what they sold for.....

@Wisdom ... or lack there of

Won't be taking advice from the person who said this in September last year when we were at 16p

"Mysterious logic! All this talk of golden tickets - don't see much gold hereabouts..."

Just look at the Tullow share price graph from the 21st July 2020 to 15th of March 2021. It was walked down from 30p to 14p and then rose back up to 60p. A similar pattern is happening in the markets at the moment to what we saw last year .i.e. big rises luring investors in and then profit taking. I'm pretty sure by the end of the year this drop will just be a bad memory..... unless you've bought shares with your rent money hoping to sell them by the end of the month of course.

There's no good reason for this, so I'm now burying my head in the sand and waiting it out.

At this stage I honestly think our share price has nothing do whatsoever with the price of oil. If oil went to $100 we'd still go down 5%. I think with the volumes being traded and lack of interest from big investors they have found a method to manipulate the share price. Unfortunately, there's a good chance this may carry on for some time and may only stop after we see a good set of end of year results. It does look they'll struggle to get it to stay below 50p though, as at that point it becomes such a bargain that the buying kicks in again. I'm just going to keep holding and ride it out, as I did last year.

Apologies all. Think I put the whammy on this share when I topped up at 56p last week. I've religiously held and not topped up since the first half of last year, as normally everytime I buy shares the price tanks :-(

That said....we saw this in late July last year when the markets dipped and Tullow dropped from over 30p to 14p by October. It then went on an upward run all the way to
60p over the next few months. Really don't think we'll drop 50% again, but will just have to weather this storm till we're back up again. Possibly once all the oilers publish their half year results later this year.

Been following since March last year. Some new brokerages appearing in the L2 console that I've not seen before and not sure I've ever seen this many showing at once. Think today is the beginning of a new chapter for Tullow.

54.28 15,000 STFL 10:43
54.42 15,000 DAVY 11:05
54.9 15,000 PMUR 10:43
55.2 15,000 SCAP 09:55
55.4 15,000 NUMS 10:43
55.54 15,000 PEEL 11:03
55.56 15,000 INV. 11:05
55.56 15,000 MREX 11:05
55.56 15,000 SING 11:05
55.56 15,000 CANA 11:06
55.56 15,000 CFEP 11:22
55.94 15,000 WINS 09:13

Tullow said it will prepare its interim financial statements on a going concern basis with no material uncertainty.

Sounds good to me.... think you need to give it a rest mate.

Think the only ones reading it differently are you, the shorters, the doom mongers and all the others desperate for the price to drop as they sold at 33p.

If that is true, please explain to me why as I write this we're the top 250 riser of the day?

This statement of yours is comparing the increase for 6 months in the update against previous figures for the full year. So nothing to worry about.

"The worrying thing is a $10 increase in price of oil only generates and extra $50 million of free cash flow (2 or 3 years ago a similar increase would generate an extra 100-150 million) ."

Assuming $60/bbl for the remainder of the year, full year underlying operating cashflow1 is expected to be c.$0.6 billion and pre-financing cash flow is expected to be c.$0.4 billion2. If oil price averages $70/bbl for the remainder of the year, these figures would increase by c.$50 million.

If you're short you need to close.

BS..... most shares down today. Looks like another bad day for shares in general and we're suffering the fall out. Market likes that update, as if they didn't we'd be down 10% already.

Shorters out in force this week....

brevarthanresearch.....some random shorter whom we don't give a toss what they think.

Some advice to all shorters.... you didn't get out at 10p, you didn't get out at 20p and you didn't get out at 40p....you've had your chances and now you're going down....