The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
I think you will find Howard Marks is the same as the other negative trolls that hounded HRM, multiple accounts. What he says makes no sense and has no baring on fact which the same MO as the others. Maybe wrong but doubt it. If he real then by now he would have come up with some evidence to vack up his assertions using the RNS's . simply saying the share price is falling during a time when the markets are crashing more than we are does not make him knowledgeable nor factual... just some one that is stating the bleeding obvious. Come on Howard offer some tangible evidence for your complete negativity and hey why are you still claiming to be a shareholder if this company is so bad.... no seriously why are you still here winging and whining if you dont like the company leave,no one is stopping you, why would you possibly stay invested in a company that you believe will go bankrupt.... or collapse around your ears... why do you stay here... take your money and run.
agreed I would have though price would have been up quite a bit. Mind you has now moved back to o. There is nothing but positive here and all RNS's are suggesting a massive strike of deals coming through any time soon. Thank God the UK Gov't have banned shorting so may of the guys n dolls here will need to be careful.
Certainly a big rise is due very soon and possibly early next week. Read the RNS's rather than listen to folks here! that is really what is happening in the company
What is your problem with Dorothy? non stop. What has she exactly done and who would take over?
The company is a mess due to things that have been going on over the long term, the board have put in motion a plan to reduce costs and maintain liquidity. currently that is the best we can hope for..... the rest is global economics, the share price collapse is based on Oil not TLW..... The results were not great but that was expected. Running a company with growing debt, falling liquidity and revenues and a few bad plays on exploration is not really her fault, the previous CEO that stood down.... Now they are battling against survival. But have the benefit of high hedged oil price. which should see them through, Current problems are temporary and in 6 months that markets will be trading highs again
There is no way of knowing what will happen from here.... oh by the way the guy who called me a twat because I though it was possible we could hit 12 if the oil price fell ..... well I need say no more! TXXT! and now you understand why I asked about the Dividend!! double TXXT
Seriously I am not sure of what to make of it all and can not believe someone has not run the slide rule over this at this price it is a great way of cutting competition and getting a nice earner from the wells working, while selling off or closing down the areas not wanted.... The price they would pay for this would be next to nothing..... The cost cutting will be good for the company (not for the staff) but will they maintain enough to run the business efficiently, if so how come they did not do this earlier and more gradually. see what tomorrow brings
I know it appears to be a cardinal sin to have pinions other than that of certain people here. but luckily the rise in oil price pushed Tullow up briefly and possibly people buying for today's results.... but Saudi's new plan at hitting Europe, cut in flights from Trump and industry still not up and running in China. will probably lead to a downward trend or a swift rise and then fall. Shorting seems to be the main problem here. I would prefer to go long but honestly seeing a share price fall and fall and fall and fall... gets bit too disheartening so jump out and hop in at a lower price seems only logical. not for some i guess! Lets hope for a good meet today!
Yep hereshopin and you too. I said it would end up 15s after spending most of the day 17s and 16s certainly better than any prediction you have made. But mine is not a prediction simply suggesting my opinion. The market is the issue not the share. oil will probably be in freefall tomorrow as well depending what happens overnight or US market time. Bell already halted markets over there. Simply because I have a belief based on logic and it is different from your belief I must be a twat... really what does that make you huh!
well there you go 15.91 sets a great start for tomorrow 10-12, anyone any hunches on the results on Thursday. This company has no dividend now is that correct? be a hell of a yield if they do :)
Luckily I lost crap loads here but sold out at .36 but admittedly at 10 I would buy back for sure.
I am very positive on this share and think it will do well, but this week I think we will be tough. Not be cause of the company but the market, if it survives this it can survive anythi9ng. between 0.10 to 0.12 tomorrow I am certain may even touch under 10 initially. This market aint going away and Saudi mean business, they have the ability to do it as well. They take out of the ground at a greatly lower cost that Russia, and USA Shale is even higher. Saudi will take a massive market share forcing many businesses globally to hit the deck merge or buyout. I do not think Tullow will be one as there are too many much better opportunities in the market at these prices and a lot of cash rich oil companies. Pretty certain it will survive though and a fall tomorrow and the day after could be certainties be luck if it ends up over over 165 today kinda expect 15s or close to it. today even though only half hour to go.
This little baby will be flying tomorrow. Based on previous news there is no way it won't buck the trend. This fall is a que to buy up as much as you can. Blue tomorrow for sure. Last RNS suggests the next RNS will be great news that will send this flying.... read it. And it is due any time now. Finders crossed
Hahaha, oil price is due to virus. Good for Saudi for taking Russia on, already down WTI 33% and Brent 25%. It will be a massacre. Luckily for this share they are not reliant on oil anymore , they are in a massive growing area of business and are just about to announce major deals galore with a range of as far as we know are awesome products. If market is smart this will actually rise while others are falling, we can turn off the oil taps while price so low if we are not hedged, (we I assume we are) but with all the bad news this should be a massive boon for us as those depressed will turn to happy times .... :)
Downside is limited where as upside is skys the limit! - Like being on elastic, been stretched so far maybe 20 and then watch this baby fly...... or go bust!
Call for Monday Predict the price for 4:30 on Monday two calls, one either way.
for me 1939 or 5491
ummmm!
Wow, this looking good. Oh I read the update from the Zoetic. I scoured it for negativity and especially for seed. I only found two mention of seeds and both were extremely positive and certainly there was no negative feel nor any suggestion that the seeds would not be profitable.... infact quite to the contrary they appear to be a likely great income and profit maker for Zoetic. I have added below the parts I am talking about.
Oh by the way I have filtered some people who really just talk so much crap..... and I do not know who they are but they come as filtered.... interesting did not realise that, thought they should disappeared into the oblivion... shame they do not. No intentions of unfiltering them.
Feminised seeds
Zoetic has also launched a new website, www.zoeticorganics.com, from which it will advertise and sell its feminised hemp seeds. This does not alter the Company's strategy of dealing directly with brokers and large growers, but it provides a "shop window" from which to advertise the Company's range. Discussions are now underway with potential buyers and seed brokers in both the US and Europe. The market for hemp seeds is relatively undeveloped and there is considerable price differentiation not only between countries but, to an extent, between US states. The management team are focusing on ensuring that sales can be directed to locations where the price is highest.
Developing Zoetic's profile in the US
In its announcement on 5 February 2020, Zoetic stated that is was examining different options to boost the Company's profile in the US. As part of that initiative, Zoetic is pleased to announce that it has been selected to appear on "Behind the Scenes with Laurence Fishburne". This is an award-winning programme that highlights new stories and innovative concepts through short-form documentary presentation. It is an educational show that, in the case of the episode featuring Zoetic, will seek to address some of the stigma surrounding the CBD industry and explain more about the hemp plant.
The programme is shown on US public television channels throughout the country in five-minute slots over a 12 month period and the producers estimate that total reach in that period may be in the range of 40 to 60 million homes. In addition to the documentary, Behind the Scenes will produce a one-minute educational commercial segment which will air around 400 times on networks such as CNBC, CNN, CNN Headline News and Fox Business Network and is estimated to reach around 84 million homes.
Filming is scheduled to take place at Zoetic's Debeque facility in May and the programme should commence showing in the summer of this year.
Further details on "Behind the Scenes with Laurence Fishburne", including examples of previous programmes, can be found at www.behindthesceneslf.com.
Haha TryandTryagain,
I know you are right and this is a share that will eventually fly back up again..... logically! I have made money on many AIM and lost mony. I had Hong Kong Shanghai Banking Corporation at 28p sold at 54 back in the 1980s and wished I had held long.... I would not be working in China if I had. Agree with you 100% and long is better than short for sure. I have Zoetic since HNR, if you know what happened there you can probably understand why I am so skittish at the moment! :)
By the way (apologies for grammar and countries rather than company)... very early in morning! Bit tired of people saying it is just a flu... I know 4 people that have died from this. Figures are not always as accurate as certain countries would have you believe and just because the main virus 'testing' center is based in Wuhan and is just a couple of blocks from the market does not mean it spread directly from there.....(I believe you are referring to when you say man-made) as soon as China realised it was a real threat they risked their whole economy on trying to eradicate it. No-one is allowed to enter my building unless they live there, temperature testing is done everywhere, people are extremely sensible on the whole and the Chinese Government have done an incredible job in turning this around (I am not Chinese). in Guangzhou there are still around 10 million (from 30 million population) people that have not returned according to a recent report. These are generally workers in factories, businesses and services. Without these people industry can not get started properly and are running on a skeleton staff. This means the Chinese engine is only firing on one cylinder and this is why the need for natural resources such as metals, and fossil fuels are not as strong as it has been in the past. This is changing slowly as people return, but will still take at least 1 to 2 months before it is fully operational. Other countries are now facing the same challenges so they are no longer buying from China like they did before and their own production is down.... This will affect the oil price and an oil price of 30 to 40 despite a miserly 1/2 percent cut in interest rates is possible, in the very short term and for a short time. Maybe it will not fall to 30s but I am sure it will get pretty close with out a radical change such as Russia backing OPEC on production. Which is not looking likely at the moment. I reckon short term Tullow will probably lit around the 20s and possibly move back 30s but I really can't see any reason for it to shoot up unless a great report comes out next week. That is not looking that promising at the moment judging by the SP movement.
SBBI
1. not man made, it came from our extreme cruelty to animals (Bats in particular) I live in China and see it full on.
2. It is extremely dangerous, the virus has mutated a few times and has extremely harsh varieties and weaker less dangerous varieties. Luckily the least aggressive side is more abundant globally except in certain places. It can cause fibrosis in the lungs, it can penetrate through the eyes not just mouth and nose. i.e. if you rub your eyes hence cleaning hand most important. Unless you consider someone over 50 and often with a condition to be people that are expendable and do not deserve to live although many health younger people have died as well from the most aggressive mutation. The average person if you look at the results on the countries score board it last about 4 to 6 weeks on average with pneumonia like condition which can be horrendous. As they are finding now just because a hospital says you are cured this is not always so as China is finding out where in a few people it has reemerged (was hiding) and 1 person left hospital, felt sick and was dead by the after noon.
This is why stock markets are crashing and oil price is kind of falling more volatile than straight falling. still in Brent has just fallen back into the 49 region and WTI the 44 region but still profitable for countries like Tullow I believe, just, can they cover their costs.
I agree about long term holding and in a year most countries will be back on their feet and will be full steam ahead and the share prices will be shooting back-up again and news papers will be predicting Bull-run bla bla bla! But it still hurts to see it fall and how far can this company sustain in the fall of the oil price as it still has to cover its costs and pay back debt. Granted it is hedged which is the saving grace at around 56 dollars a barrel I believe. But having hit 0.2798 and my stock broker showing 0.2798 as its sell opening price suggests possibly a fall again to day..... Really this share is currently as far as I can see (not being an employee or having advanced knowledge of the companies accounts or sales statistics or a crystal ball for that matter ...... it is a little on the low side and if a company is not coming in to buy it maybe they are waiting for it to go bust and then leech the assets. (in IMHO I do not believe that is going to happen as I still see this as a strong company just having a really hard time with some immensely bad news and of course a fair supply of shorters. I will admit I sold out in the 30s and will by back in the 25 to 26s which ever I feel comfortable with unless fortunes seem to change. But still think that possibly there is some bad news awaiting in an RNS to come and some investors have got wind of this.... just such a crazy price to go from 150 down to 29 in a few months....... seriously!!! apologies for this not ramping or deramping just so incredibly damned confused here!