Member Info for onlyprofit

:-) :-)

93k buy at 31.06
54k buy at 30.49

API reports a more than 4 million-barrel weekly fall in U.S. crude supplies, sources say

Thanks Adieuk32

Could someone please help me? From Apr 2020 till date, my capital gain is 16k (Also made 7k losses). Recently I have applied for joint trading account (If you open joint account two months before the tax year, both allowance will still be applied?)
Let's assume my capital gain remains the same until full tax year, do I need to pay CGT?

Also, do i still need to submit CGT to HMRC, if i don't need to pay tax? Any help will be much appreciated. Thanks

Adieuk32, thanks for your help. So, if i made 7k losses in the previous year it will be deducted from my total gain in future. right?
If you open joint account two months before the tax year, both allowance will still be applied? Please clarify. Thanks again

Could someone please help me? From Apr 2020 till date, my capital gain is 16k. Recently I have applied for joint trading account. Let's assume my capital gain remains the same until full tax year, do I need to pay CGT?

Also, do i still need to submit CGT to HMRC, if i don't need to pay tax? Any help will be much appreciated. Thanks

Thank you Slift.

Please correct me if I am wrong, you said Tullow would start generating FCF at $55/ barrel oil. Is it correct?

"2 gaps have been created in last few daysGap up this morning 29 to 30 something. Also another gap was created between 25 /26.These gaps will be filled when we have down days, nothing goes up in a straight line.25p is the floor Enjoy your evening!"

Still holding tight. I believe it will be around £20 soon.

Slift,

I might comeback if i see demand in oil sector. I really appreciate your posts and research you have done. I am sitting on 24k loss and hopping that TLW will do good in future.
I am not investing in any other pharma company except Novacyte. I have already made 17kprofit from Nova and hoping to sell at £20. May be I am wrong and regret my decision

I reduced my holding. I think there are better opportunities out there. Still holding 86k shares - average 46p. Invested my money in Novacyt, great company. I wish i could sell TLW and invest every single penny in it.

According to 09 December 2019 RNS, 2020 Group production was forecasted to average between 70,000 and 80,000 bopd. Group production for the following three years was expected to average around 70,000 bopd.

What is the reason behind decrease in the production forecast?

Do you think in the next 6 to 12 months tlw will reach £1? or Do you think that it will take at least 2-3 years to reach that level?

I am not in hurry to sell but just wondering is there any chance to reach £1

Thanks,
Onlyprofit

Average now 33p

Total shares 158k.

"Brent oil at $42+/barrel"

Hoping for a blue day today.

Slift,

Thanks for the dates. Much appreciated. How confident are you that TLW will survive?

Am i right to say RBL re-determination in Jan 2021 is the first hurdle in the short term TLW needs to clear ?