Member Info for Mark44085

18% rise when other oil shares are only moderately up today? Something is going on !

Don´t be surprised if there is excellent news on Wednesday and this is one of those fortunate shares that you see that doubles in a day.

This will easily hit 30p. The problem that the shorts have is that there is massive positive sentiment to oil companies and so everyone who is invested in TLW, PMO, BP, SHELL etc ain´t selling. So 30p is easily in reach but I think TLW will really rise in the first quarter of next year as the world starts to return to normal and the natural bullish sentiment for all shares that happens in the first quarter of the year. It will then grow to 50p plus.

@Neversellshell

I will tell you what I think. You are correct that I cannot be bothered to read the links because having researched this company, I went heavy into Tullow last month. I believe that this company will rise next year in line with markets, oil etc.

Am I a gambler ?..........Yeah, I confess that I am.

Ah, just re-read my post and I have been made mistakes too on grammar. "is it me are is this board attracting really stupid people"

I´ll just retire and have another glass of wine !

Is it me are is this board attracting really stupid people?

"How long it will take to break this resistance 26p" "do you mean how long will it ?"

My answer - what will the FTSE be in 6 months? What will xyz share be in xyz time.

Answer.... No one knows you fool !

@Neversellshell

I have to admit, I haven´t got the patience to read your links. Is this a positive thing or negative?

Just wanting to check which camp that you are in. If it is negative against Tullow, then thats fine but this share is gonna rise considerably in the next 12 months.

Also, the ban does not apply to Hybrid cars, only pure petrol/diesel.

Hybrid cars have a date of 2035. Even if these dates can be met (which is doubtful) this has no affect on oil for a LONG time.

@Moleman

Don´t be daft !!

@Bovey
All energy is down and oversold because of lack of demand for oil over the last 6 months. This will go back up over the next 12 months when things get back to normal. And in 5 years, I certainly can see the price being over £2.

Its very easy to have a short memory with regards to all shares. Remember that before October last year, Tullow was over £2 a share. Even talk of 30p+ is very cheap and still a bargain if you were going to hold on to this long term.

Anyone that has bought Tullow in the last 6 months and bought big is in a potentially life changing position if they keep holding. One year from now people who sold will be kicking themselves when Tullow is £1 plus a share.

Just watching Good Morning Britain and they are discussing the massive logistical task of getting the vaccine over the coming months to all the countries in the world.

One thing for sure. They won´t be sent by carrier pigeon !

Correct me if I am wrong, but the 25th November is not a results day. I thought it was an event where presentations will be given by the Tullow Oil management team to provide insights into the Group’s strategy and key areas of operations and they will lay out their plans for the group in the coming years?

Am I correct, or is it a results day thing ?

Oil up this morning..........lovely !

Fugu......Why so conservative? ....lol..

Ok, I confess. I was gonna cash out with the rise in the price after the 500 million drop. With the vaccine and the positive market movements I am now a long term holder. Oil will go ballistic in 2021 and Tullow will make me a very rich man.

Tullow email says "At the point of closing and receipt of funds, we will announce".

So money could be received on Tuesday with resulting RNS announcement the next day on 11th.

So don´t panic if we don´t hear anything on tuesday

Fair enough Canary, I understand. And it underlines my point. You need to be a strong investor to be in Tullow.

Ignore the nay sayers mate. This is a great share and will reap everyone great rewards. The nay sayers are shorters and there are shorters on every share. Tullow cannot fail to "come good". Just needs time

To be fair to Nevershell, I think they meant that if someone is scared about investing in TLW then don´t because it is not for the fair hearted and an oil stock like Dutch Shell and BP would be less of a roller coaster.

He wasn´t advising them not to invest because TLW is a bad share. Its a great share, but you have to be a strong investor to stay with it.

Nickel - Sorry for my ignorance - What is IR ?

@Antharry

Absolutely correct. As a business owner who signs deals to buys and sells, the documentation is a big thing but completion of the deal with the money is in, is when we celebrate.
Anyone that says that it is factored in is wrong. Shares go up and down on sentiment and this will go up when the RNS comes in.