Member Info for rossannan

SRS69

Depends on the oil price at the time.

Hard not to see this slipping back into the 13s in current market conditions. At that level a much solider proposition than crypto (and a lot else), arguably.

has stopped cooperating.

SANTIAGO666

Other fish to fry right now but will have another look at this once the dust has settled.

LuckCounts

“no SPT Tax going forward”

Not the case sadly - roughly one third of TRIN’s current production is offshore and the offshore SPT regime remains unreformed. This is particularly frustrating as most of TRIN’s plan for growth is tied to offshore.

Bunky1981

Surprised to see this falling back towards 165p. If it falls below 165p it will definitely be back on my radar.

SRS69

Certainly looks good on a two year view.

SRS69

“ Results Tuesday followed by investor presentation”

Selling opportunity?

Hopefully the SP will catch up as the month wears on towards the Q1 update/presentation.

https://oilprice.com/Energy/Energy-General/Could-Trinidad-And-Tobago-Become-A-Hotspot-For-Oil-In-The-Caribbean.html

Does anyone on here have any thoughts about what the FY2020 Results will look like? 2018 and 2019 both saw small losses, 2c per share in each case. I suspect we will be looking at a small loss again but I see that Cenkos are estimating a loss per share of just 0.1p (pretty much breaking even). I would certainly be surprised to see a loss greater than the traditional 2c per share - a loss of anything from 0-2c is my best guess. Any other views?

This really should be heading north with the oil price. It does not reflect well on the RKH BoD that sentiment is so poor that RKH is down today.

in4cedros

So you are not prepared to say whether you are now or have ever been a shareholder in BPC (or even whether you ever held shares in CERP)?

Really?

Starchild

“I post in good faith and give opinion based on company presentations and professional analysts’ opinions.”

Exactly. Company presentations and paid analysts specialise in telling investors and potential investors what they want to hear. Stop taking everything at face value and try looking at BPC more objectively.

in4cedros

Why are you still refusing to say whether you had shares in CERP at the time of Saffron and whether you have shares in BPC now? You don’t have to be a shareholder to post about a company, not in my book anyway, but posters are usually happy to say one way or the other.

https://www.bbc.co.uk/news/world-asia-56963998

in4cedros

Why are you still refusing to say whether you had shares in CERP at the time of Saffron and whether you have shares in BPC now? You don’t have to be a shareholder to post about a company, not in my book anyway, but posters are usually happy to say one way or the other.

willec

Only looking in occasionally, was not intending to post again until the dust properly settles. Then I saw your post earlier today:

“Perservance 1 was a blind punt anyway...”

How do you square that away with your posts about Perservance 1 late last year? For example:

“P1 is bigger than you think and people will want part of it. I saw somone predict £1 on another site on oil discovery.”

“You can see the penny dropping this morning due to being very confident of oil. Just unsure why share price is so low.”

“I read somewhere yesterday oil has already been identified seeping from the well, So looking very good hoping for a very big discovery in January.”

You certainly weren’t coming across as someone who thought Perservance 1 was a blind punt.

RickEngland

Genuinely not seeing why it should take that long - once the increasing FUA trend is noticeably stronger than the increasing losses trend it will be game on - no need to start from a significantly lower share price. Took my 9% profit at 180p today as I have always had other plans for this money, but keeping PBEE on my watchlist and will likely be back - I would be surprised to get the opportunity to pay less than 165p.

Thoughts anyone?