Member Info for danawinner

Yes, SP is holding very firm in the face of a lot of selling. It looks like someone is building a stake here, all good news. It could of course be the MMs in preparation for the next big leg up.

Whilst we already have some IIs, our Market Cap restricts many Funds from investing in us until we hit the magic £50 mill MCap.
It would appear that the Canadian Market has a large Institution coming in with a couple of big buys. As we all know, the big boys prefer to get a nice discount at a placing, but this is not on the cards, and if they want to come in, they will have to buy in the market, along with the rest of us.
Once that starts happening then things should really liven up.
Paul has already told us that he will disclose the gas flow rates this week, and if this wasn't really good news, then he would already have told us this.
The news of the flow rates is therefore noteworthy enough to be RNSable, and sufficient to move the market. My money is on 4,500 barrels per day.

I'm trying to see a live quote for TXP in Toronto and it seems to be up 4.25%.
I know that they are a bit laid back over there, or perhaps the carrier pigeons have yet to arrive?
Seems a bit strange to me.

Once the traders start crunching the numbers for TXP I think that we will see another lrg up/
Lots more to come over the next six months.
My next Dana

When the income may hit £100 million per annum next year.
Let me think about this one

It was the Daily Mail tip wot done it.
And they won an election last week.
Couldn't 'ave dunnit wivart yah.

Only guessing of course

Thank you Paul Baay, better than expected.
You will have a busy day with skype interviews etc.
Brilliant.

Happy to eat my words, they must have been working on this over the weekend!
Looks massive to me and another gamechanger!

A few of you may know the amount of time and hassle it takes to get an RNS out
First of all you get the draft together, then it gets checked internally numerous times to make sure that there are no factual inaccuracies. Then it goes to the PR people to make sure that there is no negative spin, then onto the Company Secretary and the Lawyers, then to the Nomads.
After a few unnecessary tweaks, it then goes round again.
If you get the timing wrong, the Nomads then tell you that it has to out NOW, whatever the time of day.
That's why Monday RNSs are relatively uncommon.
Add to this you have to wait for the Toronto SX to be closed as well, and there are probably a load of different/extra rules over there that I don't know about.
So, let's hope for an RNS this week, before everyone starts boggering off on holiday.
We are due an absolute thumper.

!0 pm is pessimistic.
9 am more like.

Had to pay 14.45p so a small overall profit, and back in here waiting for the big news.

Should have let the Tullow shares run until now, but unfortunately my crystal ball has gone missing.

Let's hope that we have news soon, still in for 200,000 shares.

GLA

My foray into TLW is over with a modest £500 profit.
Time to get back in.
Actual quote spread 15 minutes ago is absurd with 13.5 pence to sell or 14.4 pence to buy.

This makes a lot of sense to me.
If you are running a fund that has a fundamental policy of investing in income stocks and the dividend is stopped, you have to reinvest elsewhere.

I have been trying to find his ludicrous posts in order to filter and/or report them.
It looks like other people have beaten me to it, they seem to have vapourised.
No loss there then.

Truthsearcher, thanks for your kind explanation, I had inferred that perhaps you had misinterpreted or misread my post, and was attempting a bit of ironic jocularity. I too find that contrition is an admirable quality, and a tool that I have to use with remarkable regularity. Apology accepted with gratitude.
I can understand your nervousness at the lack of investment from the Board.
However, I am sure that they are in a closed period with the amount of inside information that they currently have, and their Nomad will certainly have embargoed the Directorate from trading at the moment. As a former CEO of a listed company, I know that it is very difficult to find windows where inside knowledge has been purged, sometimes it can only be once or twice a year!
The amount of misinformation that those trying to drive the price down to get a better entry price is remarkable.
This is not a small cap AIM Company where a £20,000 trade can have an influence, Tullow is one of the largest volume shares traded both in terms of the number of shares, and over the last couple of days by capital value as well.
The most striking thing about the share price at the moment is its price/earnings ratio, which at 4.91 currently is ridiculously low.
Yes, there is very manageable debt in there, but there is also a tremendous amount of upside potential.
Even the Today programme on R4 commented at 6.30 am today that the market cap had dropped way below the net asset value, and must be primed for a correction, which is far bolder than their usual commentary on companies.
Yes, I too think that there may be some share price fluctuation, but like RRE and TXP, the market is currently undervaluing the stock and income will prove this over the next few months. Cash is King and ever will be.
GLA

Thanks for your learned advice.
I would only dispute one of your statements;-
We dont (sic) control nothing.

I would suggest the opposite, namely that we don't control anything.

Well the TLW buy seems to have been OK so far, up 14% today, but it still seems to be recovering, so I will let it run a bit longer.
Good to see a bit more share activity for TXP today.
When I mentioned to an extremely clever mate and fellow investor that I had sold 50,000 TXP, he stepped in with the cheapest buy of the day, as he said TXP has completed its Fibonacci cycle or something by going down to 14.2p and the SP will now motor.
I think that a positive RNS will do the same thing, as well.
I like to see how my holdings compete against each other, there are so many dullards these days that it's nice to have a bit of excitement in a couple of shares.
I hope that TXP will outstrip TLW tomorrow.
GLA

Share price was stable last week.
Hammered on Monday after a revision of production estimates.
CEO resigned.
Share Price drop was completely overdone imho, as has been proven by the steady recovery since the drop.
There has been massive trading volume as the day traders have been all over this share, but it looks like buys are considerably more than sells, but it is hard to tell at times, with the buy and sell spread being so tiny.

Hi TS I think that you must have misread my post.
Here it is sic

Up nicely today and beginning to motor.
Time to go out for breakfast and come back to a 50 pence share price?

Well we never quite made a 50p share price, but we have a good chance tomorrow.
There was a question mark at the end of the sentence which means 'will it be 50 pence'.

I'm sorry that you think 50 pence is sheer lunacy, the market will decide that for us.

Better get back to my padded cell I suppose.