Member Info for slarti_bartfast

LoL looks oversold to me

As everyone with economic sense is cutting/ throttling capex and uneconomic production, oil price is going to go higher as economies come back on line. Might even see a spike way over $100 before settling back imo

All based on $45/$50 oil. This qtr already $57. Volume will increase, price will increase, fcf will increase.

All comes down to the regulatory effects of CV19, of course. Just keep buying imo

One of the bondholders has a blocking stake and wants paid at par

The threshold under Article 5(2) of the Short Selling Regulation changed from 0.2% to 0.1% today, 1 February 2021.
https://www.fca.org.uk/markets/short-selling/notification-and-disclosure-net-short-positions

Did a couple of trades in amc thinking I had missed the madness, but no, it carried on, and I got out +60%. Happy to hold tlw but will top slice at +60% if reddit mania arrives monday. More likely +60% on the rbl imo

Like enron switching the power on and off to print some money?

If I compare with 6% yield, $200m fcf less debt would give a sp of c66p.

Steady eddy imo

@michael, the sp is heavily shorted. Oil prices rising, shorts closing, kenya funding/ farmdowns etc will lift us toward £1 imo. Looks all good to me, but I am not a shorter. Turn around story to 'turned around story' in this next phase.

Debt is part of the efficient long run capital structure of any company. It needs to be serviced and renegotiated over the long term, not eliminated entirely. The issue is when a company is not a going concern and the debt has to be repaid in priority over equity in the short term.
The rbl will underpin removal of tlw's going concern qualification and its ability to service debt over the long term imo.

Why will the sp increase if the shorts are closing. Anyone know?

Paul, net short positions
https://www.fca.org.uk/markets/short-selling/notification-and-disclosure-net-short-positions

I think Vod already working on WTO rules/ accounting rates etc and all parties subscribe to international financial reporting standards, EU and Rest of the World?

7.68% short is some of it.
The voluntary RBL will turn the screw another notch. Not long now.
https://shorttracker.co.uk/company/GB0001500809/

drip

Any oily except TLW...obviously nothing to do with the price of oil?

Marshall Wace again today I presume Not their ethical hedge fund, sin stocks are up today.

Dividend start of January (ex div).
CFO just bought and he's managing margin in 2021.. all good I think.

'miracle'

£250,000 would be a mackerel