Member Info for Trendz

If true then that is the final nail in the coffin!

Lol Jaffjoon - you are barking mad. Surely a parody account??

awful day!

Ridiculous price action. What a dog this is.

Jeez - just seen TLW hit all time lows this morning. Not good. Very unloved - need the BOD to pull something out of the bag next Thursday - doubtful. I’m guessing they will just release a conservative bland update... oil price stabilisation hasn’t helped either - wtf??

OPEC - My gut feeling is they will meet and possibly exceed market expectations re. cut
Tullow results - I am hoping that the forward guidance isn't a shocker and that we get some positive updates from the BOD!
Bank of England - Cut coming to (hopefully) prop up equities
Coronavirus - Hopefully doesn't descend into mahem and panic!

Next Thursday - going to be a lot of people setting their alarm for 6.45 am!!

Very strange! What is up??

My worry is now that even decent results/update and CEO appointment in a couple of weeks will not cause a big enough re-rate. I think the sensible approach for LTH is to only put new money into TLW after some good news and signs that the ship is turning. Predicting the bottom here is virtually impossible.

@garyn - agreed. What is your back of the fag packet valuation for tullow?

Strap in! It’s coming soon. Hopefully no brutal shorts from the new low and we see a bounce back, although knowing this stock it will get smoked. The market is a harsh place

I have just invested in AUGM after a few weeks of research. I like the team's strategy and its portfolio. The most interesting holding to me is ii. Looking at the company, it seems ripe for a listing in the short term. Comparing it to AJ Bell and HL: (i) it looks like the best value for money broker, and (ii) the valuation gap between ii, as a private company, and AJB and HL, as public companies, is astonishing. A listing will bring about a big re-rate in ii and AUGM's NAV imo.

is fast approaching. This will certainly test the December low, unless management can provide a positive update soon. Sentiment is strongly against Tullow and my fear is that the day traders will be shorting this to high hell and back if it breaks the December low...

New money in this stock is for the brave only. Oil goes up Tullow goes down!

Cumon' Tullow - give us something to cheer about, for once!

That’s my hunch...

For what it’s worth, I think the directors are buying in. RNS to follow tomorrow.

4:1*

I would say you probably haven't sold at the bottom!

Totally agree. It's uncomfortable holding over the short term but this could fly up one week.

If you look at the risk reward and take the downside as say 35 pence (25 % fall) and the upside as say 88 pence (100% rise) - both reasonable lows/highs over the next 3-6 months - That is a 3:1 ratio - pretty good in my book.

The decline in the SP has been as a result of a lethal combination of the oil price collapsing and Tullow’s operational performance. I’m sure the Tullow SP could fall further but on balance you have to assume that the oil price will recover and the market will re rate the company’s assets. The management silence to me says that something is brewing under the surface - extremely difficult to predict what! Risk reward starting to look quite attractive here - I wonder at price the market starts to turn - I have to say that this is always lower than I think!

Not in the share - just on my watchlist. Re the bottom statement, that is from a combination of expectation that the global equities and oil price correction is largely done, a technical view of RRE share price graph and the P?E ratio it is now trading. It has a P/E of what, just over 5, and cash on the balance sheet.

As to justifying any downward movement - i don't feel any obligation to do that. All investments are a risk reward bet. Don't see any problem with my post earlier.

This morning was definitely the bottom - well done if you picked it! The valuation of this company is ridiculous given it is spewing out cash! Makes me suspicious that investment houses are pricing something is currently unknown to your average retail investor. Decommissioning costs? To me, this looks like a great investment in terms of valuation and risk reward