Member Info for mhow

I also didn't expect to see 15p again and the SP on AIM loves to take a dive on good news for some reason although we haven't had the usual rise in the lead up to an RNS so we may be surprised and see a sharp jump when the figures are released. For everyone that has been invested for longer than a year will be unsurprised by the continued strengthening of the company so I am more hopeful of a surprise announcement from the gvnment re: taxation - I did try and get in touch with trin on this but no response...

There was a link posted a day or two ago that suggested a 1 trade is a financial company buying the rights to corporate info - makes sense that they would do this for research purposes and if they are interested any position will be taken further down the line We're now in the 25-30% below recent high area which is usually where we see a little bounce, keep the faith The other, and altogether more likely reason for the 1 trade is that "everybody gets one" ... tell him, anyone who watches family guy...

That would be nice but we seem to get stifled every time we make it to the 18s!

I think that's a key point - there's plenty of points in the not too distant past where you could buy within the 10p-14p range and with such a sharp growth in such a short time space (all relative of course) there will be big sells based on a nice % increase, or simply the price looks to level off so they take it and find another share to go after Confident there's nothing but good news to be released in March - sitting on a cash balance of over $12m and an increasing production with a good profit margin + a confident forward looking statement will put us in a good position for 2018

Guessing they dropped the price to fill the order? Nice that it rose after as i was the same as you a few days back where I didn't see the buy dropping below 16 Anyone know when the bucket list is being released by Malcy? He's already stated Trin will be an inevitable inclusion so will be nice to read the recommendation Would also be nice if TXP sneaks in there, bit more aggressive on the growth plan but could be a quick riser if things go well

Don't worry about this one, I'm very confident the results early March will confirm a very strong position for the company. Also i'd expect to see the Q1 update mention a longer period of over 3,000 bopd compared to Q4 although the avg. will be in the 2,900 range WTI still over $60 so all good news & nothing to worry about... Dec hit 14.5p and bounced almost 25% so don't discard that happening again soon...

15.8 on the buy so might dip my hand in again! I re-read the Q4 update yesterday for clarity and this price is ridiculous - i would say we'll see a rise post-March but they seem desperate to hold the price down

IG is still on a min 16 buy - 15.25 sell, they wibn't take anything below 16 - been like this for a few days now!

What date are they expected to release the interims?

Were we undervalued yesterday at 17p? I'd say yes. So if you're looking in today currently -8.47% down you can see that as an even bigger discount As Malcy pointed out not so long back Trin have a breakeven point at the envy of most oilers & based on b/e point and WTI price above $60 they are making over $2m a month Able to buy sub-16p? It's like walking into Waitrose and finding a fillet steak reduced down to �1

Might have already been posted, if so i missed it!: "With all this good news on so many fronts Trinity is clearly amongst the most profitable companies in the E&P sector, yet maybe due to the events of the past it is yet to be appreciated by the market. Accordingly the move into the imminent bucket list update is a formality." I would imagine IIs may wait until March and look at the balance sheet for confirmation of strengthening numbers & debt repayment a key factor but it's looking very good... Even in the mid-17p range this is a bargain

Very good update, BD did say to get big investors on board they need to deliver solid qtr updates and they've done just that; faster repayment of debt is the best news imo Why sell at this level? who knows - we are below the price on 6th March 2017 and look at the position the company is in now compared!

Is that correct? I've got a 17.5 close in IG...

I have been reading a lot of narrative from the PM etc. and anyone covering T&T and I can't help but agree. Seems Petrotrin is their big bug bear & the government line on it seems energy co's should be paying more into the national coffers. Despite this Trin remains profitable which to me means that any reform is a bonus & still happy with how Trin are doing! Especially with WTI at this level i'm expecting a strong update

Hopefully the gvnment will put something in place in the interests and theme of "collaboration". The political officials have all maintained the line of extracting as much as they can from oilers but balancing the need to increase production - perhaps we'll get some positive news today who knows!

Just a thought on the news prospect - TXP issued a TR1 this morning, would be more selling across other Trinidad oilers if there was an expectation of negative news over the weekend surely? Nowhere near experienced enough to know why it's dropped so much but on pure speculation i would wonder if we will see a big buy come through at some points soon

Thanks CRL (earlier response) Don't know if anyone has read this, popped up on Linkedin today: https://www.linkedin.com/pulse/trinity-local-hero-michael-crilly

Quite a few sells has left us much lower but no news that i can see, do we know why?

Yesterday's reported sell of 185k - is that one a buy at 16.33?

It also states that the average EPS of companies in this space is $0.8 "For FY18, first half expectations are for Profit after Tax and earnings per share to exceed $2.2m and 0.8p respectively, whilst for the full year earnings per share of not less than 2.0p are in prospect." Surely we will then be outperforming the market which, from the heavy loss-making position in one year looks pretty good to me...