Member Info for PAD004

It is not priced into most SPs at the moment. Watch the film margin call with Kevin Spacey. The day is coming.

The wake up call to the markets will take place. To date everyone including the markets have been focused on the virus. This will turn to the economy shortly and when it does it will be very bad imo.

I am saying this so people do not lose in the short term. I sold out yesterday morning. I still have faith in Tullow but the wider markets will get hammered over the coming weeks and this will impact on Tullow.

Thanks Slift. A sensible approach.

Each to their own and we are all grownups. There is always a peak before the fall and I am talking here about the markets and not Tullow. It is a serious question. I use wake up call intentionally in the same way several economists in the IMF who studied the Asian crisis in the late 1990's.

This is not directed at Tullow but at the markets more generally. The US markets must be close to recognising a wake up call. The S&P index is so detached from reality. FTSE 100 saw a very small wake up call today. I am in danger of sounding like RD12 here. Just be careful everyone.

Understood investor6. I myself have been uncharacteristically negative this last day or so and to the truth of the matter is I have no idea what tomorrow may bring. My instincts tell me along the lines of what I have been posting but who knows! What I do know is we are all here to make some money and good luck to all (caveat-does not apply to shorters)

Guys-one a great things about this board is we are quite civilised which long may this continue.

Brent futures and spot prices are not really relevant atm. What MMs might be more interested in is production output. In April for example, SKA and UAE have pumped record volume this April. Extract below.

Top producer Saudi Arabia and close ally the United Arab Emirates (UAE) saw their output jump to records in April, more than offsetting declines in Iran, Libya, and Venezuela, the monthly Reuters survey showed on Thursday.

The survey, which tracks OPEC’s oil supply to the market and is based on sources at oil firms, OPEC, and shipping data, found that OPEC pumped a total of 30.25 million bpd of oil in April—the highest level since March 2019 and a rise of 1.61 million bpd compared to March 2020

xel123-thanks for the message.

I will refrain from posting for a while because you are quite right about the inferred negativity. This is not a competition and everyone can win and I do hope so.....(hopefully not shorters though!). I do see a bright future ahead for oil Tullow.

Some big sells last thing. See the London Stock Exchange site:
https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/exchange-insight/trade-data.html?page=0&pageOffBook=0&fourWayKey=GB0001500809GBGBXSSMM&formName=frmRow&upToRow=-1

I really hope I am wrong about my feeling of what tomorrow might bring. Positive RNS hopefully.

Some big seems last thing. See the London Stock Exchange site:
https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/exchange-insight/trade-data.html?page=0&pageOffBook=0&fourWayKey=GB0001500809GBGBXSSMM&formName=frmRow&upToRow=-1

I really hope I am wrong about my feeling of what tomorrow might bring. Positive RNS hopefully.

This is not meant as a ramp or deramp but just my opinion. Without a positive RNS tomorrow (which could happen, who knows) or something spectacular externally this will drift down below 25 tomorrow imo. Just my view and in time this will tremble and more. Trying to be balanced and I am overall very positive about the future for Tullow.

It really is shazabo. Overall trend will be down now for a while unless significant news drops.

Turning into a high speed down hill ski race

I have great faith in this share in the next 6 months although I would not be surprised if this goes down over the coming days. The OPEC plus cuts are already priced into the SP.

I am have great faith in this share in the next 6 months although I would not be surprised if this goes down over the coming days. The OPEC plus cuts are already priced into the SP.

People can make up their own minds and one thing that is well covered across the LSE boards is do not invest on the advice given here.

vizbiz-I assume you have an upcoming exit then! No need to announce this kind of thing really.

vizbiz-I some you have an upcoming exit then! No need to announce this kind of thing really.

BlueCollar-is that you, RD12?