Member Info for crl123

It is the very existence of Heritage which as a govt. oil producer now has to pay SPT ...that will force change. As was mentioned by BD. It has to be a success and only without SPT can it be. Trin will do ok as WTI rises. It’s ridiculously underpriced with a mkt cap that should be more rhan double ...and a P/E of around 5 after SPT . And no debt to shackle opportunity or the profit it does make. Last year saw 11.6 and 27p. Only Trump forced October’s post-Placing 21p down. Not any more. Let Heritage pressure the govt. Trin will be fine either way. Lowest cost onshore producer. Others will /may fall. But if WTI strengthens then the s/p will reflect it very quickly. Buy when others are fearful...and tge price is rock bottom!! Brokers fwiw still have this in big thirties. Frustrating times are best buying times. December at 11.8 was best when prople were least willing. Interesting very repetitive market phenomenon !

Fully agree. Trin is not a regular AIM co. No debt is severely unacknowledged. Its tight management is second to none. Those who sell should sell. No better time to buy ( than last Xmas!). Oil was at $45 ..now $63.5....almost negating SPT. Hedgies are seriously long on oil. Pressures are up. We are Brexit-proof too. Low P/E.No debt. Potential for changes . Lowest cost onshore producer. Well..if people don’t want to buy that’s up to them. Time will tell . Only time. I’ve done my time in the “pen”already ask but more to come I think. Low s/p hurts but it’s AiM for you.

Veey detailed description of present fiscal situation and analysis of all areas inc G and A and particularly use of new technology...”horizontal” drilling which releases more black stuff. SPT is still being lobbied. Who knows? Election coming..coluld mean either way. 10% min p/abopd increase. Q1 results due 2 weeks. Lots of roadshows.. Coverage by IC and Malcy. Very very well-managed and debt-free. Thal 2-3 yrs. 7.5 k bopd. Jeremy very astute. Bruce knows the oil game. I would have liked more short term probes. Financially rock solid company and now is the time to get into this sort of organisation ...dirt-cheap s/p. Could say much more. Very reassuring . WTI will drive this. SPT is to ne left to others and not counted on. Trin are lowest onshore cost producer in T and T. Others floundering it seems.
Ask if anything unclear

WTI. Still discounted curiously through Heritage. Was under impression they were getting premium now.

No premium? Still discounted sale? West coast? Cash to be repaid? FDP for Tgal? Bopd 3-3,300 2019? SPT stays..

has been skewed by the large drop in Feb.
On a different tack I still speculate that we are just seeing cheap City boot-filling. Perhaps nothing more.
I think next 2 weeks range-bound 7:20-7:40 perhaps.
Filling socks or boots.
Brought down to this price in order to build cheap long positions.

Nothing wrong with your answer to the question.£5 too low. Don’t see it.

I think you gave a fair response to the question personally. £5 too low. But takeovers if they happen can be complex and nasty at times. Probably isn’t one anyway!

all share valuation of Plus would be just speculation. Certainly low-ball.
Anyway....Plus is so secretive that just about all things are speculation until in print ! ( and even then .....)

Crap iphone typos! Apolog.

Auson. U want to flesh that put a bit for me? Ofey and associated others?
Meaning takeover?
I have always just seen this as opportunism by City traders but Odey has remained a mystery as yet. I don’t know enough about what pptentoal reasons could be. Interested in your ideas-right or wrong.

This is a crazy share. I’m crazy to be in it I guess. But debt-free even if reduced profit does not justify this engineered drop.
Just like when it wnt to £6:98p
I don’t see a good-enough reason to drop it 80p on the back of IGG results. Chunky loss.
I think sensible move is just to ride it out as before.
I expect more fun and games next week.

Took it to £7:21.They can sit back now

2018 £379m

Referring to mkt cap?

It’s just market games. Buy cheap. Still hurts. But it’s just how a corrupt system operates. Why the rich get richer.

Typos:-autobot/ big

You not alone . I’m losing shedloads. This is back in a new range for city traders to aitobot and control. Easy money for them. No stamp duty. I thought worst behind us. I was wrong. IGG results just an excuse.Esma just an excuse. AT Land whete they can control the s/p and pay off Ferraris/Lambos etc. Odey is a mystery. Bog shorter of Debs and Metro.Maybe he is lending stock to others. Who knows?
We just have to float it out in the lifejacket. I did not expect this drop but do expect further now( just opinion on what they do-no substantiation behind it apart from that).

We have a new lower trading range for a while. Until catalyst e.g. results.
I would like to agree that something big may be going on as Odious holds so many shares. But the trading world is so corrupt that I don’t count on anything positive.
I hold big 5 figure sum and 5 figure loss. Did not expect retrace . I did expect it to go down today and expect further falls tomorrow ( of course I hope to be wrong). If so the only thing is to sit it out again. It’s like going back 6 weeks !
Start again with huge volatility and dropping s/p. Quite unusual.I like to stay ppsitive but Plus just does my head in....does whatever they want it to. Pinnochio share.

It was gonna hit £6 last night. Now £10. Ok
Think I’ll make my own mind up as usual!!