Member Info for Elllltelinv

Budget and recovery.
Return if investors.

Two words.
BUDGET and Recovery.

Cine in the way up. Should see 150p by month end

My new target is 140p

Retail relief in the budget is driving confidence, no doubt.

Business rate news by the man in no 11.

Next target 85p.

£1 by end of week.

£2 by q4

These have been strange times and the recovery is going to be stranger still. Stocks are rocketing relatively and as the economy unlocks I feel investors and spenders are going to very active.
No reason why this couldn’t reach £2 by Q4.
I am not selling.

Maybe that’s been the cunning plan all along.

Would imagine a massive rise when back.

Been waiting so long to see this back.

If you bought cheap at 71p no regrets

Buying desperation

Cheap shares

Buyers expect Card to be trading over £1 very soon. Look at the other companies like Cine, Rest.
Card is now rerating.

My view is that 70p is now in sight today, early tomorrow. And 80-90p range by Friday.

Card is safe and with the high street opening is only going up.

Expect Card to rise along with others in news from the man in No. 11

I am holding to £1 minimum

Should smash 70p today or higher but the rise is due to the anticipated boost from the man in no.11.

£1 tomorrow.

So hold your shares

US finance bill passed today. UK budget on Wednesday.
Vaccine roll out is record braking.

High street opening soon.

Great recovery with Ted.

Reakon this will smash through 125p and get to 145p within days.

Good one to be in right now.

Chancellor and Bank of England want rates to increase eventually.

Inflation tipped to rise. Could see spikes of the 6% size in a few years.

Many reasons why but UK debt will be wiped out with inflation so good old government technique likely again.

This means all banking companies stand to gain from the higher value of mortgages and loans in this decade meaning that share price multiples of 1-2 likely in same period

Surinam, drilling at the moment. Any idea when we will reach the reservoir section. Is there a well test planned.

Panning out, February has been much better than January for news but the Hand of the BOD has been strengthened by the oil price correction. Oil price is tipped to reach $70-$75 in this correction(view of oil traders on the attitude of OPEC+).
March is going to be the most significant month for Tlw due to accounts and finance strategy. Oil price has dealt the BOD a fantastic hand and will enable it to push much harder for better terms with bond holders. And possible early indication or leaks on the Suriname campaign.

I hate to say it Tlw would be a very attractive proposition for a take over. Ironically Jefferies could be about to rerate share price and start discussions with PE. There are many industry models that could work.
However even though the share price could be subject to a bidding war between several interested parties pushing it to multiples of £1 personally I hope it remains independent unlike PMO.
Finally, since the dip into the 20s from the delayed news LTH have done a great job in holding shares and being rewarded with the gradual rise. Oil helped of course. Gone of the days that shorters and day traders could bust our b***s with frustrating drops.
If you look at the presence of shorters over the years they have always been there so I believe that all they will do is average up. The market, share price and oil are in moving up so shorters will lose in the long run, especially if there is a take over approach.

Market sentiment drives share price movement and Tlw is now perceived to be very safe and a definite buy. Therefore in the coming weeks the share price will steadily head towards 70-100p range.

As always good luck to all and make sure your profits are in a tax free wrapper.

Spoke to my oil trading budding and that’s correct.
Oil still heading up.
OPEC will release a small amount next week but all the inventories are being reduced.
Oil heading to $70.

Tullow heading to 60p.

Shorters heading for a material loss.

Hold for gold all.

Nothing you say convinces me that the chart determines direction. Market news , general market and oil price as well as RNSs Luke today. All this determines direction of sp.

Simply saying that the chart doesn’t determine direction. It just records it.

Disagree.
You are talking charts, mombo jumbo.

Charts just chart that’s all, nothing more.

The fundamentals have changed.

The news today is fantastic and whether today, Monday or next week this will smash through 50p.

The market is down due to the US. This is why Tullow hasn’t got to 50p so far, but it will.

So no profit taking, maybe you. Go ahead.

Hold for gold

Broker updates expected.

Don’t sell cheaply.

Hold and buy.