Member Info for Shax

Have to agree, what shareholder return are they really giving us? SP has tanked since most bought in, production is steady, nothing to be excited about and the outlook is just to keep squeezing a little more from our existing assets.

Other oilers like Enq are pushing forward giving the PI something to look forward to but this looks like another year of sideways movement from Trin.

Bottom drawer.

Maintaining the dividend and not accelerating the payback of debt are also risks.

No director buys in a while.

We’re only hedged to Apr 2020 so will be interesting to see what’s next

https://www.google.co.uk/amp/s/oilprice.com/Energy/Natural-Gas/US-Gas-Giant-Downgraded-ToJunkStatus.amp.html

So much for charts

Yes... which begs the question, why would someone invest in this right now... also given a fundraiser maybe on the cards to get the deal over the line.

Always liked Sound, and will continue to keep mo ey aside for it but really with no revenue streams projected until some serious work and deals are completed.... I’m willing to sit on the sidelines until things are more clearer and around 4p.

Each to their own with their own plans

Look down below.

4p looks to be the entry point

Someone is clearly in the know to be selling up close to £100k. That’s not normal. Let’s see what tomorrow brings, those are some low prices to be selling at so doesn’t fill one with confidence

Not much to report at the mo but happy with the hold

Hi crl, hope you're right, we're at our 52 week low now so lets hope we dont drift too much further from here

I stand corrected, the last two days have just been very exaggerated. I only hold here so haven't noticed a huge daily top in the other shares unless it was RNS related. Just abit miffed here with the selling over this past month and the size of the amounts sold - it has to be someone with a large holding with the amounts being sold.

The previous Trinity presentation mentioned the directors owning quite a large allocation of the shares, not sure if around 24%... Would like to see if anything has changed.

True.... Something isn't quite stacking up.... No other oiler (in my portfolio atleast) is seen anything like these falls. President, Hurricane, Jersey Oil etc

If it was industry related we'd see them all declining.

And the high level sells have been around for a couple of months now and in huge volumes.... Clearly somebody knows something we don't.

Zero cost collar put in place - Effective January 2018 the zero cost collar oil derivative was effective. The strike price per unit was $45.0 per US barrel for the put options and $59.8 per US barrel for the call options.

Anyone know where we stand with this in Jan 2019? Apologies if I missed this discussion.

Thx CRL, I think I need to broaden my investing tools to include sharepad for L2 trades and your shorttacker.com. Stockopedia is generally quite good but not sure why its still got Trin in the red for bankruptcy risk - must not be taking in to account the recent fund raise and cash in bank. Lets see what unfolds.

Do you use stockopedia? I've always found it useful with the amount of research they do on companies. They say Trin is clearly undervalued but have highlighted this share currently shows patterns of short selling so ties in to your opinion of the price being held down - why I don't know.

There is definitely something not normal about trading as very few companies get flagged as being short sold on stockopedia. Worth just having patience and see what unfolds.

What a complete and utter tool. People make mistakes, they don't need their faces rubbed in it with your version of 'sincere' advice. Do you have any friends to go with all your successful investments?

Plank.

Of confidence today with those directors buys. Hopefully that should put investors in better spirits and return the so to over 10p in the near future

Will anyone be present thereat 2pm? Would be great to have a live feed or Twitter account to follow

Will anyone be present thereat 2pm? Would be great to have a live feed or Twitter account to follow

Will be the licensing discussion at the council but unfortunately good chance it'll be deferred http://www.s****horpetelegraph.co.uk/live-public-meeting-over-oil-drilling-plans/story-30036746-detail/story.html