Really Positive.
Tullow is doing so good at $70 oil. Oil is more stable thanks to Saudi/opec.... I used to have a worry crude Oil could drop to $60's and I understand why some were shorting (really it was a good idea).. but now from Sundays opec meeting Saudi won't let oil drop or stay in $60, it just won't happen. Saudi need $80/$90/$100 oil to fund there giga projects and from what people tell me, they will make it happen. That means tullow will do very well. sp at 26p is crazy, really. I moved all my enquest and harbour shares over to tullow as I don't trust english politics for oil. i will keep adding as i know whats coming. TULLOW DOES NOT PAY WINDFALL TAX !!
"Tullow to pay partners nothing for extra 50pc stake in Turkana oil"
"Tullow Oil, which now fully owns blocks 10BB, 13T and 10BA in the South Lokichar Basin"
"The government’s decision on the FDP, which will determine if Kenya goes ahead to commercialise the Turkana oil, is expected to be issued next month, Tullow says inking a deal with a strategic investor holds the future of Kenya’s Turkana oil project."
"Commercial production from the project is tipped to start in 2026 and is forecast to peak in 2027, at approximately 120,000 barrels per day of crude oil"
https://www.businessdailyafrica.com/bd/corporate/companies/tullow-to-pay-partners-nothing-for-extra-50pc-stake-in-turkana--4258258
"We are on track to deliver in excess $800 million of free cash flow at $80/bbl in the period 2023-2025. This will enable us to reach our goal of being a low debt business with cash gearing of 1x or below and provide us with the financial flexibility to pursue value accretive opportunities or consider future shareholder returns"
average oil is $82.55 for 2023
https://www.statista.com/statistics/262860/uk-brent-crude-oil-price-changes-since-1976/
Thanks for the cheap shares, got 808,000 now. :-)
im holding
I don't understand what people are worried about ? tullow doing super well.
Be Greedy When Others Are Fearful: Warren Buffett
SP ^^
Canaccord Genuity Group 54p
JPMorgan Chase 56p
Barclays 62p
Berenberg Bank 90p
Peel Hunt 80p
Shout out To the hedge funds. Nice to see you on the Chat for another day. they hate to see the SP rising
GLG Partners LP
Pictet Asset Management Ltd
D. E. Shaw & Co. LP
ODEY ASSET MANAGEMENT LLP
This link shows/proves slater talking to patel in the same style as dong. its the same person.
https://www.lse.co.uk/ShareChat.html?ShareTicker=FRES&share=Fresnillo
there are 3 patels working for Pictet. you are either or connected to Manisha Solanki-Patel or Atul Patel or Samir Patel
Proves Pictet are shorting Tlw https://shorttracker.co.uk/company/GB0001500809/
Pictet address: Moor House, Level 11, 120 London Wall London, EC2Y 5ET 0207 847 5000
1) Pictet Shorting
2) talking to himself
3) name is Patel
4) Patels working at Pictet
Coincidence ?
Everyone please report this guy. every post. Don't let him take your shares or push you off a trade. TLW is seriously undervalued and with recover. It's just idiots from hedge funds are paid to create fear and scare your away.
Crispin Odey's team also doing the same.
Tullow will recover and do very well.
Tullow overview: https://simplywall.st/stocks/gb/energy/lse-tlw/tullow-oil-shares/valuation
Other Valuations for Tullow are:
Canaccord Genuity Group 54p
JPMorgan Chase 56p
Barclays 62p
Berenberg Bank 90p
Peel Hunt 80p
"We are on track to deliver in excess $800 million of free cash flow at $80/bbl in the period 2023-2025. "This will enable us to reach our goal of being a low debt business with cash gearing of 1x or below and provide us with the financial flexibility to pursue value accretive opportunities or consider future shareholder returns"
the average price for brent crude in 2023 so far is $82.55 https://www.statista.com/statistics/262860/uk-brent-crude-oil-price-changes-since-1976/
Patel you work for Pictet
Who cares, SP should be 60p without Kenya. Kenya is a bonus.
Everything is looking just great. Tullow ahead of plans.
I am more interested in facts that opinion, here are the short positions for Tullow, they have been reduced from 9% in 2020 to now 1% which is nothing https://shorttracker.co.uk/company/GB0001500809/
Shorters have all but gone because tullow in very good shape.
Oil is heading back up and now we will cash in with that 24% low oil hedge falling off.
Price to Earnings Ratio for relative valuation. I gave you the link.
earnings is expected to grow at 40.3% per year. EPS is expected to grow by 40.3%. Return on equity is forecast to be 57% in 3 years.
This link is super helpful for Tullow overview: https://simplywall.st/stocks/gb/energy/lse-tlw/tullow-oil-shares/valuation
Other Valuations for Tullow are:
Canaccord Genuity Group 54p
JPMorgan Chase 56p
Barclays 62p
Berenberg Bank 90p
Peel Hunt 80p
Well im super positive, AGM at 11am. thanks for the link