Member Info for tradeemup

Posted on this board recently. I think everyone needs to take a chill pill with the constant price monitoring and actually make investment decisions on this stock with a 12-24 month view minimum. The only people watching the price minute by minute are the Traders looking to take their gains to the next stock. Let them live on. Guyana will be farmed down and Tullow will still retain a sizeable stake which is meaningful given the size of the prize. Suriname block may also be farmed down but I’d prefer a spin of the wheel on both licences. Apache managed to reach farm in agreement after one successful well which included £100m upfront and $5bn carry on development costs. Now imagine this type of deal for Tullow if goliathberg hits big! So many ways for this stock to get back to a pound. RBL sorted and $575m of the $1bn+ in transit as promised!

Shrewd are you kidding? Current price a gift. Tullow can either have a rights issues or farm down Kenya or Guyana /Suriname licences. One positive we’ll results in Guyana and Suriname and this is back to £1. Have a look at the impact mako well had on Apache a few months back. His is bargain basement. Hedge in place and $575m down with $500m to go.

I really hope you managed to keep some Tullow stock and didn’t move the whole lot to NMC. You deserve to see the turnaround after the disastrous 2019 performance.

MrD. I will be very happy if Tullow can offload Kenya for 400-500m USD. I think we need to focus on Suriname and Guyana. A leaner Tullow not held hostage by African states beckons. One hit in Suriname and Guyana and this is back to £1

Thanks for the advice reboundless. If I get out of oil NOW will you be willing to reimburse me for any losses? If not I’d keep the financial advice off this board and also wake up to the reality that you are guessing just as much as the next man. You appear to be another fool with the messiah complex! There is always room for two perspective or indeed multiple interpretations to provide context however at the point you are giving advice all credibility is lost

Hindsight is a great thing and thank goodness for the significant raise or we could have found ourselves paralysed . PB mentioned it had been over scribed but they elected to only seek £9m. I wonder what he would do knowing what we know today? A second well on Cascadura and development of the discovery based on certainty around resource size should be the priority in this climate. You make a great point Simon T.

Bring on the drill! Very pleased to have been able to gather an extra 100k shares sub 25p in recent days. Either of those results would be transformational but if it’s gas up structure from the historical well like at Cascadura I’d expect the majors to be interested in the asset and show their cards pretty sharpish.

To be fair lexicon. I’d prefer gas in current climate too but I wouldn’t turn my back on 341 mbbls in place either. In fact I’d take that right now if you were offering a guarantee. Given the structure is 3-4 times larger than Cascadura if it is gas we could be looking at 0.5 TCF. That’s going to be a very exciting drill.

Just purchased 2 lots but can’t get a quote for a third batch on HL. This is a definite buying opp in my humble opinion.

Dividend on 2018 rather ...

Dividend in 2918 equates to 3.75p per share (circa £22-23m). Given the dívi has been cancelled the cash retained more than covers £9m loss in jan/feb. Guidance on 2019 results due on 27th April has been clearly stated at £43m profit.

Isthisawinner. You can also factor in the dividend cut which covers the jan-feb loss to a large extent. You can find hole in future performance And sector outlook of any stock out there at the moment. Whether it’s easyJet or JD sports whose debt piles look unsustainable but they have all bounced to untenable levels IMO. SHI has little debt should they choose to pay down a large chunk and with many leveraged small players going to the wall I think it’s more than likely they can benefit in the medium term. Everyone has there view but when top line revenue is circa £1.8-2bn there are many ways to operationally adapt and improve the bottom line. Market leader in U.K., Ireland and strong German presence makes this massively oversold IMO. I do however take your points on board. You may prefer to await the 27th April results and update prior to buying but the horse may well have bolted by then.

Bluebelly the crew attempting to manufacture a drop here probably don’t even have £5k to Take advantage of any highly highly unlikely drop to 10p.

Some serious nonsense being spouted on this board. As we know profit for 2019 is expected based on guidance to be £40m. Top line revenue in 2019 was £2.4bn. Any debt is covered by cash to hand with a further £37.5 m expected if the sale of building solutions is green lighted by CMA. At 10p the market cap would be circa £55-60m. Nice try! Gotta laugh at the clowns posting on here

Oh and picking this up at a 35% discount to the recent placing also feels great.

Here’s hoping boom. The fast money seems to be entering and exiting stocks at some pace in this volatile market for 10-20% but medium term I just don’t want to be out of TXP. Given the Cascadura well ended short by about 2000m I do feel a second well will follow after chinook and I believe this is already fully permitted with all necessary approvals. To my mind if a second well can prove up 150-200 BCF this stock will be completely underpinned by the high flow rates and $600-750m of revenue over the long term. The demand from the industrials on the island seems to be there in spades with Chinook the icing on the cake. These are exciting times! Can’t wait for spud and near term June results.

Whilst the many are gambling on recovery stocks I feel touchstone offer excellent risk Vs reward based on known data to date and will be a growth stock in 2020. If as PB alluded the Cascadura pressure data indicate a resource of 100s of BCF then 50p should be easily hit. However it may take another well to confidently assign the Recoverable resource potential to this structure. If Chinook is also a large gas play then this will be truly transformational and 5 bagger from current SP possible. We all hope the results from the pressure readings and internal modelling of resources helps add more meat to the bone. Feels like a no brainier and a huge stroke of luck to have found commercial gas.

AK talks up his holding and skin in the game but this vehicles pays him over $2m per annum. His performance ? What performance ..:.

Loki I think the frustration here is that we have suffered a lengthy suspension for a supposedly value accretive deal. We now languish at 8p and whilst I accept the Macro environment an update is due as it is clear the ambiguity around payments is eroding the SP. AK doesn’t give a toss about anybody other than the IIs we are all second class citizens as PIs. The seven energy takeover, complexity, timeline and now post acquisition comms have been APPALLING.

I don’t need tweets or name changes. Simple confirmation Via RNS that we are being paid and that the FCF forecasts and projections are holding up. This would suffice! I’m losing my patience with AK and will be glad to exit this when the time is right.