Member Info for beefcheif

You have to weigh the "pros and cons" and we know a no deal would inflict a serious blow, so really use your brain and common sense springs to mind.

Thanks for that,

I understand the RBL is a sticking point, I am fairly confident the lenders can be satisfied, but they must also be happy that a company can generate profits.

Hi cat,

What sort of oil price would you suggest generates free cash flow, bcoz 50 odd dollars doesnt seem to be doing it, at the moment in any case.

Its one thing for the price of something to go up,, but you still got to sell it.

Yes, part of my risk plan on oilies, so many energy companies including shale have gone bust, we have a global recession & pandemic the likes of which we have never seen before, so oil companies will struggle to invest in exploring etc until they can get some good recovery profits in, there is always elephants in the room , so to speak, and places like Libya, Iran, Iraq have massive oil potential, having said this without government funding as well .. these factors will increase the fuel price, supply and demand .. simples,

The corona variant has spooked investors

Smithy u were saying sell at 684, u were saying no hope of a vaccine, are u always this pessimistic

Tullow Oil plc is a multinational oil and gas exploration company founded in Tullow, Ireland with its headquarters in London, United Kingdom. Tullow has a primary listing on the London Stock Exchange

U should be bothered about Brexit Mr yellowbird, its damaging your share price and mine

Theres only 2 types of people in the stock market

1 those that cant predict the market
2 those that KNOW they cant predict the market

When someone predicted a rise here today I thought not likely, nothing goes up in a straight line, well rarely.. maybe bitcoin but then it drops just as fast, keep the faith. PS thanks for the correction in currency quotes.

haha Rocklawn BP garage is quids

Brent is quoted in £ not $

I agree get into the footie and its beers all round.

UT trades dont count

Now*

On my daily chart I see green candles in a row, not thats very bullish,
Yes of course there are risks welcome to the stock market, what are you going to do put your dough in an ISA fixed rate bond hope for 1% a year, or bet on a recovery?
TLW owe 2.4Bn now down from 2.9Bn they have cash ready of 1Bn, with forward guidance on oil price which is conservative and quite right, a bit like stress testing a business. Paying down the debt will be advantageous. G.L.A

Concerns over Brexit, Azn vaccine, and USA thanksgiving break

Bc u must have balls of steel playing with that amount, and I get nervous at 84k spread across

Not sure where Saur went, I think he lost a load, but where is cashferret?