The CEO states Tullow sp is much too low and I bought in on the comments---todays results are excellent and I feel this one is being overlooked on here. check it out bargain hunters-I'd welcome some expert feedback!

at what level did you buy?
i am certainly very comfortable with the company and suspect little more than profit-taking .... oilies, like miners, can move pretty sharply, as you may have noticed

Pulling your leg cyners.

i knew you weren't even having a poke with that digit of yours!
by the way, i am also back in PFC, which is still a cracking company and has landed yet another juicy contract

As PFC got promotion to the top flight... do we know yet cyners?.

not sure .... ask the IG boys; they may well know

Nope, Ive had a word but nothing.

Blimey cyners you half havent made a bum call on TLW over the last 24 hours.

Went out for an hour came back and took one look and thought it had dropped 140 ticks, silly me was looking at the light crude quote.......... gave me a shock though.

Got some good news for you bud, just storing it for a while, while the sp looks a bit more horny.

as i nsaid, still in the money with TLW, though rather less than it was ..... however, i still rate the stock very highly - which de facto means it will get slated in the papers tomorrow and by the experts (who lose money hand over fist themselves!)

Yep its strange isnt it, i always seem to do better on bear days, ...... think its because im a miserable git.

btw, you have a little e

Heres that news i was going on about a little earlier...

must have upped it after the confrence call

Deutsche Bank has a buy for Dana Petroleum, raising target to 13.50 from 13.35, has a buy for Premier Oil, raising target to 13.75 from 13.60, has a hold for SABMiller, cutting target to 10.00 from 10.50 and has a buy for Tullow Oil, raising target to 10.10 from 890p

http://sharecrazy.com/beta/Broker-Recommendations/1574/what-the-brokers-say


ONE of the BETTER brokers aswell.

so sell heavily - lol!!

NOPE..

Nasty sell off after results today can only put it down to profit taking.

Brokers galore I reckon lining up new forecasts...here s how they stand so far but Im expecting new ones coming in very soon...

Tullow Oil PLC

FORECASTS
2008 2009

Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Exane BNP Paribas
10-03-09 BUY 533.00 19.55 6.00 113.00 5.40 6.00

Evolution Securities Ltd
09-03-09 BUY 407.30 14.90 6.00 527.30 45.40 6.30

Numis Securities Ltd
09-03-09 HOLD 29.10 3.10

Merrion - Landsbanki
09-03-09 BUY 20.20 6.00 14.20 6.50

Davy Stockbrokers
09-03-09 None 18.90 6.30 10.40 6.60

Oriel Securities
09-03-09 BUY 269.00 20.40 6.50 131.00 8.50 7.00

Charles Stanley
06-03-09 HOLD

Teathers
04-03-09 BUY 344.73 60.96 4.00 86.79 4.00

Goodbody Stockbrokers
20-02-09 BUY 28.50 6.50 19.20 7.00

ABN AMRO
10-02-09 BUY 273.02 22.53 6.00 146.95 8.60 4.50

NCB Stockbrokers Ltd
05-02-09 BUY 25.72 4.70 21.30 4.79

2008 2009
Pre-tax () EPS (p) DPS (p) Pre-tax () EPS
(p) DPS (p)

Consensus 322.57 22.20 6.19 118.71 10.91 6.35
1 Month Change 8.95 1.15 0.01 -12.09 -2.35 -0.22
3 Month Change 3.56 -0.84 -0.05 -102.29 -11.62 -0.24


GROWTH
2007 (A) 2008 (E) 2009 (E)

Norm. EPS -37.96% 25.88% -50.86%
DPS 10.00% 13.05% 2.58%

INVESTMENT RATIOS
2007 (A) 2008 (E) 2009 (E)
EBITDA 471.81m 538.36m 370.45m
EBIT 266.01m 314.00m 158.44m
Dividend Yield 0.67% 0.76% 0.78%
Dividend Cover 3.22x 3.59x 1.72x
PER 46.07x 36.60x 74.47x
PEG -1.21f 1.41f -1.46f
Net Asset Value PS -35.88p 122.55p 146.10p

so why aren't they all piling in for their clients then?
is it because "when my broker says buy, he means sell"?

is this code for saying 'you have now sold' cyners????

not at all ..... perhaps i should change faith and become a martyr so i get 27 virgins to wait upon me!

Nymex falling under $44 ahead of opec meeting is this due to poor stats from china and germany?

no idea ..... these things have a mind of their own sometimes, just as gold has crashed for the last few days but is currently +$15.40

Went out after my last post (about 10am) come back and see they've taken it down further to 758p! still only profit taking IMHO... Don't panic mr... -):

Added later this afternoon.

Some see this fall as bad , i see it as an opportunity.

Todays Independant...

Investment Column: Buy Tullow Oil - Hold Ark Therapeutics - Hold Chime Communications