Member Info for BumBum

It’s all about the RNS 8am on Monday… the company has no debt and more than the market cap in the bank, if it can either ride out the next 12 months or find a buyer this could easily jump to 20+ There has to be value in the company and when supply chain resolves and or the Russia / Ukraine conflict comes to a conclusion and inflation sustainably drops this could fly. There are dozens of companies out there where the SP drops make absolutely no sense given the balance sheets. The whole market is being dragged lower, let’s hope Made can survive.

Thanks DB, will give them a call Monday.

It seems this share is now tradable, however on my SaxoTraderGO account it’s still showing as ‘non-tradable’

Who is able to sell and what what will happen if this is never actively trading again?

Any help or advice greatly received.

Oh imagine 66p… game changer! As I’m balls deep to the tune of 1,000,000 shares. Average 10.4p a multi bagger is exactly what I’m hoping for! Let’s GO

Depends if your average price is sub 10p!

He we go! 21%+ no one selling, next leg is 13.3

Information leak? RNS incoming? Massive upside, this could multibag in the coming days…

Stockbuster and Anton, it’s not so difficult if you follow something as much as we follow Tullow and other stocks. Follow the patterns and trends, the only issue is when you’re trading £750k-£1m for daily/weekly gains is the liquidity of the market, Tullow doesn’t have great trading volumes. Look at EasyJet, Aston Martin, CINE etc, they all have 5+ daily swings. Just be prepared if the trade goes the wrong way? To relax and hold until it matches your sell price, which it always does eventually. I’ve also learned that most days I cannot trade, the market isn’t in your favour and it’s always better to er on the side of caution. Never get to greedy, a £1000 profit is still a profit.

So with £100k trading float a 2% swing daily, locked in 2 out of 5 days is a good week.

BTW: I never use CFD’s, leverage or margin trading, this is the quickest way for us amateurs to lose everything.

Tullow hasn’t given any meaningfully good news since the refinancing of the debt. No news on Kenya, two failed drills and continued annual loses. I honestly think we all care more about the company than the employees/CEO/CFO will ever do.

GLA

Maybe Bum Bum : )

Been at it for weeks now… Friday was a £36’000 positive trade on the day.

I was a fool holding this for 2 years and getting emotionally invested when I should have been trading the VOL all along.

Hate to see this and sorry to all long term holders, but I called this weeks ago. It was hard to sell from 52 down to 42, but this unfortunately is going lower a lot lower. We will see the 20’s over the next two months. Oil could crash and Tullow will amplify the drop. No one wants to hold a high debt company making zero profit.

Honestly, neither here nor there, however if Tullow does get to a stupid low level then I will come back in. The next 12 months are going to be tough for most companies and stocks, especially companies with high debt and struggling to turn profit. We just have to admit that Tullow isn’t that great of a company. I’ve been disappointed with the lack of news on Kenya and this merger / acquisition for some reason doesn’t fill me with confidence, especially the long drawn out timing of it all.

Imagine, a new serious wave of COVID, the talk of lockdowns, oil will collapse and so will Tullow regardless of the hedges.

It’s all about sentiment and the markets isn’t a fair reflection of companies, just a rotation of money, buys and sells.

Looks like I got out just in the nick of time… oil below $100 and dropping, blood on the streets, recession warning and new COVID variants spreading.

Tullow will drop into the 30’s and possibly low 30’s over the summer.

GLA who decide to stay in over the summer!

I’m now completely out, been selling since 52p and last shares sold yesterday. I like Tullow and think it’s future is solid, I’m not just not prepared to wait and the SP to be held back and pushed down further. There’s other better opportunities to make money which is what we are all here for.

GLA to you that hold over the summer…

Anyone else notice the suspended price has changed from 8.7p to 9p? I wonder why that has changed over the weekend? Any thoughts?

Sageman… really? Let me ask you one question:

Today Brent $112 Tullow 43.52
Exactly one year ago Brent $75 Tullow 54.36

So please explain to me rationally why the SP tracks the price of oil? If that was the case Tullow would be trading in the 70’s.

Wake up and stop spouting rose tinted glasses nonsense.

The SP will drop today and this week… but anyone holding this over the summer needs their head tested. Recession, interest rate hikes, spiralling inflation, summer vacations, thin trading and liquidity. Basically lower highs and lower lows being tested across the markets.

We all have an opinion and I’ve waited patiently over the last 12 months and this share has only disappointed, continuously, I have zero faith in Tullow for the rest of 2022.

GLA

BR was it you who said a few weeks ago we would never see the 40’s again?!? Oil price has nothing to do with Tullow SP! This could easily drift to 39p over the summer months, there’s more chance of that than seeing 60p again in the same period.

Anyone buying more or averaging down right now is delusional. The merger at this price level will never happen and what is this 6 month + wait while we are all in limbo? Kenya isn’t going to happen unfortunately, we the share holders are being lied too and kept in the dark. We are in a recession and the next 18 months is going to be a blood bath, where investors pull money out of high risk, high debt, non profit making businesses, which is Tullow all over. I am heavily invested here for 3 years now and the SP is a joke. I honestly see this going into the 30’s or even 20’s during the summer months, low liquidity and trading, traders on vacation and the usual dump before August. Monday I’m getting out completely, as there are far better and safer investments to make money on in the next 12 months. This share is a DOG and we all know it and feel it.

This is now in Auction… something is really kicking off here.

Just taken a punt and bought 1.2m shares. The drop is massively overdone, possible 3x bagger in the coming weeks.

Yep, both his and my post deleted ????

Bum Bum in full effect! Loading up on these bad boys… we have and are continuing to be held range bound, at some point this will explode up, just a matter of weeks/months. Also Kenya looking more positive with the cash now to be more selective with the terms of a farm out.