Member Info for StanleyPro

Hello Bc2020, definitely some positives as we come towards the end of the week. The SP is still in the 60s after bouncing of the key support level @ 60p. Next week we'll have a round up of the court case so looking forward to that.

Longwait jumped on HBR board without prior posts here searching for his mates. Filtered.

LONGWAIT, no clue who you're talking about, don't be paranoid. My point was simply that HBR don't care whether it's 16 or 17p old money.

PMO board pushed us under the bus. 20 to 1 was pathetic. Now HBR position themselves as a big fish with BP as benchmark but they are not BP.

you don't have to be Peel Hunt to make that prediction. Everyone on this board knows TLW can reach a target of 65.

but this is a factor why the price should be rising!

Yes, indeed. They're not worried about the current SP and probably don't think there's a need for an update or that they have to do something. The bottom line is it was a poor deal at 20 to 1. By the way, our short trading "friends" from ARCM, are they still on board?

Tony sold everyone this bloody merger when oil was literally free

"If it is market makers that are driving this price down and not shorters, then what stops them from crashing the price to 10p for a split second to allow shorts to buy up the shares very cheaply? Tons, if not all of the stop losses would be triggered which would provide liquidity for the shorters to purchase shares and to close. So how come they don’t do that?"

Mountainous, tell me you're joking :) First of all, many experienced medium and long term investors / stock traders do not use a stop loss to avoid such blunders. Second, if market makers would attempt such a thing they'll meet a sea of buy orders on the way to 10p so it'll be near impossible to get there even for a "split second". Third, large orders (stock buy back) take time to fill (essentially, that's what after hours trading is for) so a "split second" won't be enough with all the traders around. To put it simply, if I want to buy 1000 shares @50p, there's no way somebody's getting 100k @10p before the higher one is filled. Somebody will point out that it probably did happen but then it should be investigated with the broker.

The figure of $273m was an interim period adjustment for half a year which CNE stated as an example because the period from announcement to deal completion is roughly equal to 1/2 year. Please correct me if I'm wrong but what you're suggesting is the price of assets will be lower at the time of closing due to higher spot price/bbl?

"They have lost their minds. "
or have they? $455m + uncapped contingent for 5 years which at the current price would be ~$270m$. Mind you this is without touching or smelling the oil (no operations costs). How much FCF do we expect to generate over the next 5 years if the deal does not go through?

there are a lot of aspects to shorting and nobody will give a definite answer as to "WHY would someone allow it to rise". First, it's better to short a stock when it's "overheated" but the trend is down, e.g. unusually high RSI. Second, higher SP levels make much more sense in terms of risks involved. Third, short traders can have different motive, say they don't agree with some board decisions or they believe that a short term outlook is not so bright and the price will go down.

60p come to daddy! :) In again, what a price!

wouldn't call it shocking... +- 4~5% swings are usual with CINE

I reckon all big fish investors have their orders around the 60 mark and MMs can see that. Even if chart patterns suggest the SP could go lower I don't think it will.

bailiff, debt is no longer a problem with current hedges and spot oil price. Many oilers were badly hit last year and TLW management was heavily criticised. Now Rahul has brought stability and perhaps he's playing safe and we would see benefits long term. TLW has big investors who bought in the 50s, 60s so I believe the current SP is very safe long term. I guess oil production is holding the SP back a bit, I wish we could find some extra 20-30k bopd, this would be a game changer.

Hello NOFEAR. Plenty of upside here so as I posted last week we need to get one or two large buys to get HBR going. GL!

I don't get why it's taking them so long... FCA could make a public company go bust or perhaps, approve an acceptable solution to most parties, including us, the shareholders.

Spot on NOFEAR, all day traders have already sold and into their usual HBR deramping mode, hoping to get in again sub 350. If a large investor decides to make a move now the SP will rocket leaving them all behind.

if you sell the SP will leap up like mad after going nowhere for 1/2 year. :D