Member Info for Monopolyman

It looks like a US listing is very possible later this year. Could easily see this at around 475/500 by the end of the summer.

Ocado could easily list on NYSE in the not too distant future. That would really increase the value considering the explosion of ai stocks.

The negative results are that tullow won't turn a profit until 2025. Why linger that long when a quick buck can be made elsewhere.

I have decided to short tullow based on the negative results to come in may. Short to 26 p and will invest again in the short term.

The markets in general, particularly the US ones are due a 10 per cent + correction. Jd was close to 100p territory in February so there is more to fall on this.

Price in freefall at 116.10 now.

Share price has plunged from 127 two days ago to 117.40 now. It seems to be heading towards 115 today.

It's moderately risky considering the current economic climate. This takeover is clearly a gamble that will either see the company sky rocket in value or else fall down a slippery slope. Imo the company will struggle in the short term but long term it'll prove to be a successful strategy.

Down to 118 this morning. As expected the risky acquisition has led to the share price dropping.

It seems this is going sub 120 again for the short term. UK retail is on the floor, that's the bottom line. It's not the fault of JD management.

Profits were taken at 380 yesterday. This will be shorter back down to 345 level.

For context Tullow exited the orange basin which is a stones throw from where the potential 10 billion barrel discovery was made. The Mopane field is located in the Orange basin, along Namibia's coast, where Shell and France's TotalEnergies have made several oil and gas discoveries. Very poor business move from tullow leadership.

In 2022 this was Rahuls comment when they left -No regrets’: Tullow boss explains reasons behind Orange basin exit in Namibia

London-listed independent quit a block directly north of TotalEnergies’ 3 billion barrel Venus discovery

Ironic that tullow excited those Namibia oil fields all those years ago. https://www.reuters.com/business/energy/portugals-galp-says-field-off-namibia-could-contain-10-bln-barrels-oil-2024-04-21/

It looks like this is been shorted back down, at 122 now. Well done to whoever sold at 127 this morning.

It seems like a rapid expansion at a time when the majority of retail is in decline. Have you walked down a main street of a town or city in the UK recently? Since COVID there is nothing but vape shops and barbers on

our main streets. Clothing retailers bar the likes of Primark are under huge pressure after weak outlooks from the likes of Nike and Puma.

When the recession does worsen this expansion may prove to have been a huge mistake.

Expect sp to remain flat until the next big date on the calendar , 16/05/2024 for earnings. Will be interesting to see how much of an impact the rise in oil prices has impacted on tullows earnings.

British rival JD Sports to buy Hibbett in $1.08 bln all-cash deal. It seems like a lot of debt to be taking on with a very weak economic outlook. I honestly thought the sp would fall this morning.

Only problem now is the cost of living crisis. It's on average 120- 150 pounds for a pair of decent trainers from JD. Majority of people don't have that kind of money to spend these days. It usually takes a year or 2 from the start of a recession for things to get really bad.

I would gladly take part in this organised chaos. It could be the tullow on tour session that would be a right knees up. Jmax et al all welcome.