Member Info for crl123

mother of a share. I had an idea they might do this. Having seen how they operate here and with Glen/ Tullow/Carillion/Capita and Petrofac.
I expected a very late slam dunk and was not disappointed.
I should’ve sold at £836 though. Sold last weel £8-£8.12.and realised a loss. . I can never get the short term highs right. Like George I have bought back in at very end of day. This could still go anywhere. £7 or £8.50. Think we’ve seen the high for a few days though.
I have no idea what this is likely to do tomorrow!! Or tgis week. Or month.
People in control making big bucks....load up and flog....

Having spoken to Trin 2 months ago I mentioned tgis. They are not in a hurry to sell. If a buyer offered good price they would accept. But as it is profitable and increases bopd they are not rishing. All seems very Sargasso at the moment.
And no breeze. That’s why so many investors have left. Need the PR public face which is not there.
No false RNS’s. Just Trin selling Trin.

PR is non-existent. It matters. You can’t sell a house until someone has seen it. You won’t invest in something you don’t know about. Where are the investor presentations ( next week oil and gas in London) ? This week’senergy conference in Trinidad. Txp spoke out. Where is Trin? Where are the tweets?/ regular drilling updates?/ magazine articles? Interviews?/ podcasts???
It’s not just about the oil price. My average is just below 20p. Been thru the mangler here for 5 yrs. 13p is a shameful price...sitting on nearly 40% loss having first bought at £1.20!!! The average volume is tiny. There is no public face/ advertising/selling/explaining. If so I am missing it!!! That and SPT is why we are at 13p.Rang the PR company and urged ...well....PR please. Not false PR. Real stuff. We are in the shadows and the s/p reflects it.

Slam dunk!

Interesting analysis. Thanks.
OT good to hear from you.

With AT’s you can never know. They generate their own price..not market price. Could be accumulated purchases being sold or vice versa. Best to ignore the world of algorhytms. Can’t make sense of computer-driven trades. It’s irritating. A City game.

SPT is the poison arrow.It strips almost all profitup to $63.5. It is outrageous. And T and T are not willing to engage. We are at 13p as a result.That and lack of PR. Although PR doesn’t seem to be helping TXP right now. Trin has done it all right( apart from consistent PR) and its only obstacle is tge govt. Slightly concerned about Heritage and tgink Trin should claim their due asap. I don’t trust governments..particularly this one. NAV becomes a slight irrelevance faced with real-life events.
Trin is worth over 28p now regardless of risked or unrisked nav in thirties or forties. Too much downward pressure. Catalyst needed.Real catalyst. Trin flies like Peter Pan when it is valued.Appreciate your analysis.

Sometimes it is 25,000. Then 12,500. Then 10,000. It seems to be random. They are not chasing cheap share prices in their buyback evidently.

Great article.

Good of you to reply. I will check out your site. I only hold Trin and Plus 500 so won’t post. I think people are waiting for Q1update in April and FY in June. But I think most investors have moved on. Investing is like that now. Been here 5 yrs. Got more and more short-term “ investing” since low interest rates 2008. Trin gets cheaper because of lacknof interest due to low WTI and particularly SPT...the scourge of T and T. Without it we would see 30p plus overnight.
I think many investors have gone...but the few big buys this week show interest from some.
I have added at 13p. Don’t expect a return for a while but patience is a virtue even if agonizing.
Good eve. yourself!

Anyone left holding Trin shares??

another TR1 tomorrow. 30% on the way....

that in complicity with shorters Odey engineered the cheap share price and continues to keep it there as he buys.

is that when a shareholder or group acquire voting rights over 30% then they are obliged to offer all shareholders the highest cash offer share price in the last 12 months.30% is seen as “ effective control” by the City Code on Takeovers and Mergers.

He knows what he’s doing. Things are afoot. As far as I am aware you need 50% shareholder approval for a hostile takeover. I took part in one and won it. I think this is a money-making exercise of some type which we do not yet understand. I don’t think it’s a herald of a leap in s/p to 13-15. Too blatant. Cityboys involved.

I tried to sell again...at 818....nope.....wouldn’t let me...

See what the puppetmastets are going to do today. !

Do we have a date ?

SBB. I bought Trin in 2014 at £1.15p. It went to 1.49 pence in 2016 as Citibank ( another bunch of f***wits) froze assets and pushed for liquidation. I dod the crazy thing and bought between 1.49 and 3.5p for 6 months. It refinanced and used a really clever legal protection filing ( like they have in US) to protect from creditors for 6 months. Without that Trin would be toast. Afren/Ami..others...went down in other countries although they were corrupt. Trin is not. I have had 4 yrs from Hell having been ripped off £95k by Petropavlovsk 15:1 rights issue. Utter ****ers. Truly.( It was run then by Peter Hambro..since ousted.)How many Trin? ....round about 1.4 million I think. Sh** price right now but top notch company. Seriously efficient with no debt / breakeven of $29 a barrel and huge assets.Netween 50-60 dollars WTI supplementary tax takes blood though. Hence low s/p but great time to buy. My average is around 19p so I’m over 35% down...but it’ll do well !! Cracking assets and no debt.Sh** tax that kicks in at $50. Need $62WTI to negate it.
So....one helluva rollercoaster.
Rest is here in Plus.
Need £1050 to breakeven..losing nearly &12k..but that’s not coming quick.
Giro...thanks for empathy. Sorry about Metro. They are a maverick rather dodgy institution who are under FCA of course but make up their own rules. I hope you see recovery.
I don’t think we will see much from Plus ...purely opinion. Cityboys ate making too much money with lightning-fast gyrations. Totally unpredictable and they are in control. Never know when it’s gonna slump or shoot up. Crazy manipulation.
Another week of volatility in my opinion. Give it a month . End of March should settle somewhere!!
I’m used to very big red numbers. Don’t like them....but once I had nothing at all. Could happen again but I am in two no-debt companies which make profit...albeit both reduced... one through tax and one through regulation. See it through ..what choice?
I wish you a restful evening

Perhaps to do with online H/L transactions. Oh well. I’ll just hold onto the shares. Worked out loss of £11k now. Ouch. But losing £80k on Trin!! Held them for 5 yrs now. Double ouch. They are worth twice present mkt cap. Plus worth £9 upwards easily. I need over £10. Made a grand trading in last 2 weeks but just dents it. Divvy of £3k will help but I was a sucker and bought too soon again. I won’t get fooled again ( The Who-Roger Daltrey. ) This share unlikely to settle for another 2/3 weeks. PFC only just started to settle after 4 weeks of same. I don’t tthink we will see £9 for a while as tooo much volatility and who knows true value now? I say at least £9/£10.