Member Info for crl123

Please post link? Can't find it.

With u all the way Chris. Nearly.27p by end of week. No. 30-40 by year end...yes. This should already be there. My rants are emotional steam. I hate unsubstantiated drops. Trin deserves better. ( and 4 years of it is viciously wearing personally speaking). Nothing has changed here and this company is a lean mean profit machine. 23p is a stupendous entry position for new buyers ....if they only knew!! Very short term ...I have no idea. Never do. By end of year this ought to be well above 40’s IMO though. I bought at £1:20 once...just looked at my H/L account. This company was nowhere near as efficient even if oil was higher. More profit being made now...and less risk!!!! No gung-ho drill dropping ( ElDorado which was spudded and lost 12 million). Trin is a liquid gold-mine. It tends to stay off the radar unfortunately. I would not have my money elsewhere. I detest mm shenanegans and sudden unnecessary drops though I don’t see it as necessary and I know that straight lines are an illusion. But I guess the positive is that it can be a buying opportunity.

I expected no other response.that's not really what i was alluding to.I can always wait 6 months...a year....3 years ..well hard at my stage of life.With certain specific obstacles.The problem is that we cannot assume that the market will value 30p or whatever p correctly...and then it may be ''adjusted '' as and when depending which side of the bed they got up from or if they have a headache 9 all superficial analogies ). My response (which is not as strong as others' i have communicted with 0 is not unreasonable too you see. i think we may come from a different place in the respect that a few of us have been through the tunnels of darkness over 4 years and i don't see us (any of us that I know as fickle or greedy)...just human.Of course i'm comfy with the idea of 30p.....it'd be marvellous......I was once comfy with 7p !! It's the fickleness and irrationality of the market which is the issue (for me anyway).....together with the emotional attachment many of us get with a rising share...only to see it dashed. i'm not able to be like Mr. Buffet and go to sleep like Rapunzel and wake p to a ''new'' stock market and share price. not wealthy enough nor of that nature. Not impatient ( or I couldn't be a teacher :-/ ). I of course rationally agree with you about the 30p.An extraordinary goal. Why would I buy back if not ? ('cos i'm a dummass is a good answer). I may regret this tomorrow you see.. But the other part of me does indeed consider this market behaviour unreasonable yes.People are different. My lyphocytes feel leeched by market antics. I do note that some of us here are in very different life situations too ...so we have different perspectives to our investments I note.i know for a fact that 3 years is not possible for some and even one year for one.'nuff said.Just sharing. Good sleep wished.

Nothing has changed has it my friend........we need your cool and clinical Vulcanite analysis !!! My 4 year old annoyance/rage gets in the way !! good results confirmed. Malcy sings for Trin.Debt on schedule and accelerated. Asset sale pending. Threat of CLN's not really impending. lots of cash in bank anyway. 100% profit from 2800bbls monthly breakeven below $30 and that's AFTER SPT. WTI stable at above $70. massive assets siiting on contingent. yeh...of copurse it's the ups and downs of the stock market but pleeze.......16% in 3 days ?? Whadda they want.....my lymphocytes???

merry (not nerry)

Pretty sure it was manipulated by AT's but a lot of O trades as well.a lot of the buys were mine so that skews it a bit .no fundamental reason for a drop in value. Nothing has changed. Good results. good PR from Malcy. Some of the sells were late recorded buys. Very much a manipulated pricing day today.enormous volatility and the seductive MM (buy me please please won't you because I am cheap and 24.99999999p) games which they normally play before dropping it like a stone. Getting so predictable. I know it's the ups and downs of the stock market and the nerry dance of watching share prices....but it's just same old silliness with Trin !! Nothing has changed.

WTI nearly $72 and stable. Trin markedly down. Trigger is running round chasing his tail in confusion.

Tonto tells me he can make no sense of the share drop. Trigger is also dumbfounded.

Very much like a “ bear raid” to panic into selling and set off stop -losses.

??

valuing Trin at 25-26 atm. Still highly undervalued shareprice. . WTI holding firm at $71,Next govt. repayment due in 6 weeks. September should see total redemption or as good as dammit. CLN’s can be addressed early. All well managed. Political uncertainty likely to increase in my opinion and possibly drive oil into high seventies. Iran sanctions bite soon. All $ in bank for Trin. I am surprised it is not valued higher . Still a good entry point now the financials ate crystal clear. I sold much Glencore to buy Trin. I see more radical upside. We’ll see. I get things wrong but sometimes right. Greatest success was buying when others were fearful. I still think this can be 50p plus considering I bought originally at £1.20 and it was nowhere near the profit-making machine it is now. And oil is catching up to its price then too !!

I did. Held about £80k worth bought between 76p and £1:29. Wish I’d held as usual. Sometimes you get so mervous you are happy to just get money nack and miss out. Did it with PFC this year.. Error !’ Impatience and fear are the enemies!’

Govt. trying to encourage saving believe it or not. Strangely they got rid of tax on savings interest up to about £1200 so holding a “cash ISA “ is an irrelevance really..unless interest rates shoot up and I don’t see that for up to maybe 10 yrs. The “ balanced” rate for the economy is around 3% ‘ish but it is nowhere near that. I remember it being around 10% early nineties...criplpled me with mortgage!! Cash ISA’s don’t really exist now even if providers call them that. It’s just 20k in a NISA which can go anywhere you like, Cash/stocks/ funds ...whatever. Cash not worth it.If you have the money ISA’s are worth using every year though as you can build up a large amount that the govt. can’t touch . Capital gains tax around £12k I think. Doesn’t apply to ISA’s but if you make over that amount outside an isa wrapper the govt. takes a wodge of it :-( So most advisors ( inc me) recommend using the 20 k each year ISA if u can. I move money each year from SIPP to ISA and try to pay as little tax as poss on the Sipp withdrawal but it’s hard. £11,800 is tax-free earnings amount. and any income ( sipp is income if you withdraw) above that is taxed at 20% ( more if high earner). SIPP does not IMO justify the 20% extra the govt. pays in. They only take it back one way or other. 2028 57 yrs old...stupid decision. They have made pension saving compulsory if you are an employee now but state pension at 67+ and sipp at 57..... you don’t have that many years left !!! ISA is easily best jobbie IMO. They can’t touch it. In good investments it can make more than CGT amount in a year but govt can’t take any of it. Tax avoidance is the way forward IMO. You don’t need an advisor ...you just learn about things yourself. As people say here..ISA very valuable with shares. 10 years of £20k gives £200,000 which can grow tax-free. Even using part of it is worth it. I have done exactly that...starting with TESSA in nineties and moving into ISA when Tessa became isa. Worth keeping ALL investments in ISA wrapper. Build it up every year. Keep some cash as stability and to buy on a downturn and if things go t*** up on stock market. Even keep some cash in the ISA wrapper as I do even if it makes f’all interest. You can use it opportunistically as I have done with Glen. ISA is the tops. I have large amount in SIPP but feel manacled as govt. takes 20% of whatever I take from it ( over £11,800 earnings limit ) . Got decent amount in ISA too but wish it was ALL in ISA. My advice is to use as much as u can from ISA allowance and disregard sipp. But each to their own. Becoming an ISA millionaire is far better than being SIPP-rich. Tax sucks. Hope this helped and was not too unnecessarily detailed. If special divvy or any divvy at all is taken...use ISA IM very honest O.

fire away

Yes you can have a SIPP and company pension. I have both. I claim from both. Wish I wasn't over 55. In a SIPP you can move money into Income drawdown (25% tax free as cash and 75% taxable if over earnings threshold).Or you can take any amount you like anytime you like as USPLUS ( uncrystallised lump sum) at any time .....and pay tax on it all.it's a bit complex to start with if you are new to it all. Sorry. The benefit of putting money into SIPP is that the govt. contributes whatever rate tax you pay on top of what you put in . but they take it back in the end (apart from Income drawdown if you are canny). ISA much better place to put money IMO . 20K a year. Govt. gets none of it and you can do what you like with it anytime. I have both. Hope this helps. Any questions just fiore away. Wish I wasn't at the age where I have had to know so much :-( But it allows you to help people. happy rainy weekend!

Email Trin. no-one can answer those questions..especially the latter.

for ignorance. Is it local DRC court ruling or ruling on English law ?

Thanks mate. It did come good But only through trusting decent management..even though their creditos ( Citibank) froze assets for 5 months!! Bit like Glen in 2015 but Ivan et al put it in and it never got to insolvency ( as G/S were rooting!!) I did what Warren said and bought when others were fearful ( only trusted companies). Between 1.49p and 5p. Trin is now 25 to sell. So middle finger up to POG ( who wouldn’t give a **** anyway). Made it all back. But took one **** of a trusted risk. Hence my knowledge of oil. Jack it in?? Not at my age and with nothing. A lesson to others not to be scammed. Many out there willing to take you for all they can get.Stock market no different. Lost £65k on RBS in one day in 2008. That was a mind-bender nNearly lost £150k in Iceland ( 2 banks with full FSCS amount in)until Mr.G Brown stepped in and repaid us...nothing like losing it all. I don’t need to share this but it is a lesson to the gung ho or naive. As they used to say in the Hill StBlues..” Be careful out there”. Capital preservation matters more than growth.I still takes risks but never like I did. Wish I’d held Ocado at 65pLloyds28pBwin ( can’t remember)H-L (£6.50)Stobart(90p)/Glen at 76p/...loads more. I’d nearly rival Mr. Gertner. ( not).The patience to hold is another lesson. There is nowhere to keep money safe any more ..2007 it was 6.5% interest on cash. The hard thing now is capital oreservation and growth. To me funds are boring ( just me). But stocks are risky but seductive...gotta be careful. Glen is a gem but u gotta watch your timing !! Not long ago it was less than £3 ! Top quality astute management though...I feel they will come out of DRC well enough even if G wants his pound of flesh. They hire the top lawyers. I doubt DRC do. But Gertner is “ in the know” as a Glen expat so....he’ll certainly get his kilo of flesh either way. Gut feeling is that £4 not far off but I’ll leave the special div speculation to you guys. I just feel Glen is solidly run and oil is about to explode ( see latest predictions of $80+). Copper? Depends on DRC. If mines go down it’ll shoot Sorry for long post..... it’s a minefield out there. Pun intended

I personally lost £100k POG and £220k in Trin and Ferrexpo. That after N. Rock and RBS. I was also in two Icelandic banks but got my cash back. Been through the mill. 16 months ago I hardly had enough to pay the utility bills. Life savings and fatger’s inheritance wisped away. Emotional doesn’t come close to it. Sadly not quite got over 4yrs of stress yet. Took its toll on my health very badly. Emtional like you to say the least. But I learned my lesson with Petropavlovsk...they ruined not just me. Still invested in Trinity Oil and Expl which I highly highly recommend. It’s like a mini- Glencore re. efficiency but no glitches nor skeletons. Tiny in comparison but rock solid. An AIM company with real and significany cash profit ..an almost unheard of rarity in AIM. Saved my bacon. I hold 1,200,000 shares. (25p each) long-term. The rest is in here. Are you at breakeven yet?? I hope so if you have been through the mill .

Just a drop in the ocean .I thought I held enough! Minnow. Good luck to you guys. Wish I’d held onto my 76p’ers !!! Patience is so hard!!!