Member Info for Dodger16

I was in a casino the other day Mrd and I put £1000 on black and £1000 on red.

Mrd is on there - his comments yesterday made me laugh at that moment I drank my coffee - I think the last time I had a drink come out of my nose was when I was a kid. I think TLW will go to 120.
I sold here yesterday at 89. About to re purchase - that RNS was brilliant. You sit out of this and you will miss something excellent, like ZAMA rns or a day the short positions close.

I hope you don't mean TLW - starting to think negative sentiment will hang on that for a while - if it doesn't bounce today.

You in here down? 130s for me to buy. Wont touch it over 135p

Market doesn’t like it that much. Maybe sector
Influence. Had hoped it would be in auction a couple of mins and opened over 90. Poor rise imo.

Was number 1 meant to say No contract?

Yep! DBNO thinks it is going to help tlw today - what a muppet.

ninga

PMO debt should be $2.0 bn at FY - they are at $2.15bn 30th June having paid off $153m in H1. They are saying they will pay off $300m in the FY. I am a bit confused by this because I thought CAPEX was higher in H1, but I guess oil is lower in H2.

Yes - the fourth negative from their RNS:
1. Quality - Catcher oil sells at a premium to Brent.
2. Production
3. they mentioned oil prices impact - I think this hasn't affect the SP - market builds that in every day!
4. Debt - near 3 bn.

TR61 - I just don't need TLW situations. People that go after it will win some and lose so badly on others.
Look at the board - Mrd, dbno - tells you everything you need to know.

TR - PMO debt is $800m less than TLW now - and as you say PMO has chance to get a decent drop with Zama.
Its a complete guess what it does to the SP. We lose an asset - so you have to hope the market never priced in any future returns. The most important thing to me is the health check - investors don't like too high a multiple on EBITDA to debt. PMO was over 3. We could be heading to less than 2.

Mrd - don't try to catch a falling knife...

I won't buy TLW, you go chasing s h i t and you will find yourself covered in it at some point.

heardy - just had a quick read on tlw - I see there are posters on their board saying pmo may do same tomorrow.
They must think pmo has production issues and operates in high risk areas of the globe also.
I do wonder what oil would be now if Donald sorted his trade war. Happy to hold here though, unlike tlw there is the chance of one-off good news landing any day. Would rather risk a 10% drop on a trading update than be out now. I went in big this morning.

Bit gutted Trump started at China again - means if tomorrows update is good the best we can probably hope for is yesterdays 87p...

Cash, i bought here. At 82.5

Christ! I sold tlw monday....

Maybe chance to add today. Hope i dont have to though. General market having more impact here than oil.

He knows this, just cursing the luck of pmo.

Tr, we are no different to the others today. Very mixed day on my portfolio.