The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I see the Chuckle Brothers are back.
It's amusing that they come on here and say 'we're only posting what was on LSE etc' but it's amazing that they only point out articles that suit their agenda......
raffles, looking at L2 it looks like someone is trying to hold the price in this region
Agree, just more shenanigans going on by the MM's
I you want big bounces buy a trampoline.
Tullow has risen 50% in a few weeks. This is a long term hold, not a pump and dump.
I think we need about 250p
We’re not mocking you, just questioning your integrity
Yep me too. Total BS
If you have indeed been holding for over a year, which I doubt, why are you so concerned about the price tomorrow?
Surely you see the bigger picture here and will just hold while it realises it’s full potential.
I don’t really care what it does tomorrow. This is a long term hold for me
I think it will largely depend on what oil does.
The bottom line is that Tullows BoD aren’t exactly newbies on the oil industry. If it was that easy surely they’d do it.
Got visions of Rahul reading this board, in his slippers, shaking his head. Calls Les and asks him why he didn’t bloody think of this :-)
I get that but surely we need to maximise profit at the moment. I don’t think anyone expects POO to return to the 50s for a long while.
Yep, you do tomorrow, I’ll do Friday. We can sort out next week on Monday.
I know it’s not illegal ! Don’t know how you came to that conclusion.
All I’m saying is that with oil where it is now, we don’t need to worry about the hedges as we are below the $75 cap
The hedges are there to protect the company so that they can break even if the POO plummets. They’re not there to boost profits. If the POO is above $50 we’re making money so why waste profits on hedging.
But surely the higher the hedge the more it costs. Otherwise just hedge at $200 and we can all retire
I imagine a $68 hedge would be v expensive if not impossible to get
That’s my understanding too, however someone mentioned the other day they had a ceiling price. Wasn’t it also mentioned in the results that they would benefit from a rising oil price up to $75 or did I imagine that
The same person that asked it today...
It’s like Groundhog Day.....
It’s the UT at 16:35, like it is every other day.....