Member Info for Lenin

Interesting Article In Regards To Saudi Arabia Secretly Buying Gold https://www.jpost.com/business-and-innovation/precious-metals/article-821289

For sake of clarity and to awnser your question...I can buy shares internationally...I have a 90 plus percent holding in a Gold Mining Company in Canada ( Gold is going to record highs ) and a small ( less than 10 percent ) holding in Reabold ..

When a company says ( especially small companies) say they are debt free that is absolutely nothing to brag about....Very often all they do is issue more shares which can dilute the current shareholders because if they went to a bank or etc to get a loan the chances are the C E O s know they may not get the money as thr bank would think the project that the money is to be lent for is too risky on top of which they do not have to directly pay the shareholders back . Share dilution id often a big risk with AIM companies not whether they have current debt ..

Is it ever possible for this share to go into an uptrend...Or will the two C E O s end up achieving the longest share DOWNTREND in HISTORY ...!!??? 🤯 ...Any serious answers ( if that's possible) are welcome..

As a very new shareholder here I thought I would post this article .... https://www.sharecast.com/news/news-and-announcements--/upturn-in-housebuilding-boosts-uk-construction-sector---pmi--16385928.html

The price of oil looks like it is trying to go to higher highs ...The Ukrainian Drone attacks on the Russian Oil Facilities looks like this will do more for Tullow than any board room plan to return the company to it's former glory ....

P s .....Can you believe these oil Refining Facilities Are owned by Russian Oligarchs which means the Russian State is not really responsible for their security though it will seriously hit Russia in the pocket if Russia cannot export refined oil products!!!..

I have never shorted a share but I think this is misguided.... Factors that have a influence on the share price of a company are issues such as general sentiment towards that company / sector ...The rate of profit or loss a company is making ...The general rate of interest in the economy which may attract potential investor money elsewhere...etc...And do not forget the risk to short is much greater in that potential losses can be unlimited ..

Crude Oil Inventories fell this week by 5 and a 1/2 million barrels in the U S A defying predictions of an increase which indicates the oil market is becoming increasingly tight and will place the shorters on the wrong side of the upwards movement in oil prices in the near future..

One thing that is nice to know is that Simply Wall Street are increasing their Share Price Fair Value of Tullow which they consider to be £2.50 per share or to put it another way the current share price is undervalued by just under 90 % .

Basically anything offered less than £2.00 per share for this company would be a steal !!!!

Apologies for typo error...the messaged jammed before I could check spelling

Okay he may not be Santa Claus ( at least at this stage) but the C E O has applied the old fashioned principles of.. Good House Keeping to Tullow..The net debt is equal to be less than $1.4 billion by year end which is definitely taking Tullow on the right path.... Remember the whole reason for shorting this stock ( or any other company stock) is that the debt would become unsustainable.In Tullow s case the shorters was hoping for a prolonged fall in the price of oil which has not happened which means Tullow is not out of the intensive care ward and on the path to full recovery..The longer the shorters take to understand this the larger they will be sitting on painfull losses

Dear Mr Apeirogon .....On Trust Pilot The rating for Simply Wall Street is 4 and a 1/2 Stars from 4240 reviews ...Who should I believe...You or the rating from 4240 reviews !!! ??? ...🤯

Nice to see ..Simply Wall Streets...Fair Value for Tullow is currently around £1.14 pence per share ....off course there are self appointed expert posters on this board who have predicted a share price that they say should be in the low 20 s ... Hopefully next week a clearer picture will emerge on the general direction of the share price.....

Https://oilprice.com/Energy/Crude-Oil/Short-Sellers-in-Trouble-As-Physical-Oil-Market-Defies-Data.html. Interesting article about the short sellers who are in trouble as the physical oil market is tightening.....They are trying to short many oil companies as well such as Exon , ..... hopefully at some point they will break and the energy/ oil sector will reflect it's true value ....

Interesting to read the Investor Presentation Notice for the 27th February Edinburgh...Under Notes to Editors .it is stated ... Reabold's strategy is to invest in low -risk , near term projects which it considers to have significant valuation uplift potential, with a clear monetisation plan where receipt of such proceeds will be returned to shareholders and re-invested into further growth projects.This strategy is illustrated by the recent sail of the undeveloped Victory has field to Shell , the proceeds are being returned to shareholders and re-invested.

Oh Really !!! 🤯....So selling Victory returned value to shareholders..Give or take the share price was around.40 at the time and now is around sub .08 !!!The only thing they know is how to return mega losses to shareholders and potential new investors...The record speaks for itself...

Yes Simon 64 .... Although the two C E O s have a truly abysmal track record on the collapse in the value of the share price....I realize the shareholders themselves come from all different backgrounds with different mindsets and nobody should feel intimidated to post what they feel wether they are keeping the faith in an eventual turnaround or wether others feel it is their duty to post about the incompetencies of the board .....

This is a question regarding the Technicals ... though of course in Reabold's case fundmendals is king....The share price went through a two year decline until last early last September, since when it has stayed where it is now ( if one disregards the Requisition) ... Could this be the bottom or could the share price still attempt to catch up U K O G in a race to the bottom ....? ....There is the cash in the bank at the moment which I am thinking should have placed some sort of current floor on the share price but of course that money is needed to fund current projects...

The share price has been declining in a straight line downwards ( with typical peaks and troughs )since March 22 ....I am thinking the cash that has been paid so far should at least provide some sort of floor to the current share price....It obviously now depends on the success of developing West Newton that would really give a sharp recovery to the share price..

What I want to know is ...why are so many events associated with this company end up in incompetent failure whether it is from mainly inside the company or from outside?? 🤯 ...Taking a look at a history of a few of the events...There is the second attempt of a takeover, an abysmal failure...A second share Buyback which should at least steady the share price but instead sends the share price to a record low...The sale of Victory...in which before the sale the two C E O s went on social media stating that the value of the share price would be unlocked 🔓...What they did not tell shareholders the value of the share price was unlocked to crash southwards....Then there is the never ending failure ...Sorry I mean story ..of West Newton....Now we have a potential disaster with Colle Santo ........Maybe next time there is a requisition as shareholders we should simply nominate M R BEAN .....I am not sure even he could have messed things up so much and even if he had done ( maybe a gas explosion 💥 at West Newton) at least he would have given us a few laughs while we watch the value of our share holding down the pan .!!!...

Yes .. the problem with this kind of messaging...We Might Do A Share Buyback..is it is basically a case of ...will they or won't they ....which can start to become about the company beginning to develop a credibility problem....This can potentially develop into a trust issue about the company when it should never have arisen in the first place....Making clear a clear and proper statement on whether there is or is not going to be a share buyback is the way to go .