Member Info for daveycaferacer

Nice article published today on the subject of HK Healthcare IPO's citing some recent comments from Christian

https://www.spglobal.com/marketintelligence/en/news-insights/trending/uFXkCwiIPFuftpGykZiapQ2

Will we see a HK IPO for Chi-Med in 2020??

Personally I think we will, the political situation has stabilised, Phase 1 U.S. - China trade deal being signed today and the fact we have already made our listing application all bodes well

I continue to Buy

Great update

-- 2019 full year total revenue is expected to be c.$1.7 billion; gross profit is expected to be c.$0.7 billion. Capital expenditure in 2019 was c.$490 million.

-- Free cash flow for the full year 2019 is expected to be c.$350 million, with net debt reduced to c.$2.8 billion and gearing expected to be around 2.0 times.

-- Tullow expects to report pre-tax impairments and exploration write-offs of c.$1.5 billion (c.$1.3 billion post tax) primarily due to a $10/bbl reduction in the Group's long-term accounting oil price assumption to $65/bbl and a reduction in TEN 2P reserves.

"Tullow has ended 2019 with average production of 86,700 bopd and free cash flow generation of c.$350 million. Since our December announcement, Tullow's senior team has been working hard on a major review focused on delivering a more efficient and effective organisation. The fundamentals of our business remain intact: recent reserves audits demonstrate that we have a solid underlying reserves and resources base in West and East Africa, our producing assets continue to generate good cash flow and we retain a high-quality exploration portfolio. The Board and senior management are confident of the long-term potential of the portfolio and see meaningful opportunities to improve operational performance, reduce our cost base, deliver sustainable free cash flow and reduce our debt."

Great volume on NASDAQ today, 162,000 at 1pm against a daily average of 189,000

Some serious buying today and currently 5.5% up on the week, now at the Oct 2017 price, still a long recovery ahead but at last it seems any overhang is gone

sorry, ignore me, not short then?

no, good luck with your margin call at 08.05 Steve ;o-)

I never understand why some people spend so much time and effort ****ging off a Company and those who choose to invest in it. You have said what many people also think Thaiflyer1.

lost of doomsters and gloomsters in here about to lose money on their shorts whilst blatantly ramping enq, meanwhile I have made 2026% n HCM in 10 years - can they better that with their silly little oilers? I doubt it.

We are now back to where we were valued in September 2017, so 2.5 years ago, the main culprits being the terrible CKHH secondary offering and the Savolitinib PRCC issue. Hopefully we are now well past any overhang from the CKHH placing and on pour way back towards a valuation we deserve.

Throughout that time I have continued to Buy, as I have done today.

there is usually a more sustainable rise and volume increase after the U.S. markets open and today is no exception

JPM Chi-Med presentation & webcast on Weds folks!

https://jpmorgan.metameetings.net/events/hc20/sessions/30311-hutchison-china-meditech-ltd/webcast

indeed, it's not relevant tbh

Uncrossing Trade: During the auction period, there may be a point (or price) at which the best BID and best ASK match and a trade takes place.

please do not mention enq otherwise we will have that neil hannon bloke back on here again

The JPM Healthcare conference is a great event and seems to be a high profile platform for Companies such as Chi-Med. Looking forward to a great update from the CEO about the wonderful progress to date, and all the exciting things we have in store for 2020. Will we see the first NDA for Savolitinib!?

This is the Tullow Bulletin Board

thx mamun23! all good, and looking for a great 2020 for Tullow ;o-)

mamun23 - if you are referring to me I think you have the wrong person, I bought TLW in the mid 50's and I have a large LONMG position, I never said it was going to 40p, I have said it is going to 100p + in short order. A positive carapa would have been great but the news is not bad either given its proximity to other fields. Some may be "thick enough to carry on" but I am not sure to whom you are referring. Clearly not me.

The person with no interest in Tullow, but spends about 15 hrs a day on this board bashing the company and anyone with a Long position is filtered. They are happy to dish out all sorts of rubbish and criticism but cannot take a balanced view and just call those with a Long position "rampers", whilst thinking that constantly bashing it is somehow taking the moral high ground. Please filter these people.

great volume too yesterday, 242k traded against an average of 183k

what about the rising oil price, will that not help them in terms of FCF?