Member Info for Nomad1

£24 soon ish

Jim you’ve just caught on I’ve been doing the opposite to Char for two years now since he said the sp would Never get over £12.50 or Brent get over $46 pb. Now I own a house in the sun.

Personally I would not think about buying anymore building company shares until maybe the end of winter. House prices could easily come crashing down I have seen it happen before and the dividends will follow. It will also take a very long time for the housing market to recover.
People will tell you it cannot happen because of this and that and the county needs 250,000 new houses. What’s new! nothing has changed for decades but that’s not stopped the market from crashing before.

Let’s see how many sales go through

Blazing, I concur it is a ticking time bomb!

Cheers CSDI and all,
Thanks for your advice and input I’m going to stick with TW. for now. So much could change during the next year.

Krusty & Dimi thank you both for your advice I am going to stick with TW.

Since 2009 I have owned 34,000 TW. shares which ended up costing me 39p each.
Recently I started getting my UK pension but find myself struggling a bit with the TW. dividend.
I have been thinking of selling up and buying PSN because as you know the dividend is higher, and the share price has dropped more than TW. Any solid advice would be appreciated.

Since 2009 I have owned 34,000 TW. shares which ended up costing me 39p each.
Recently I started getting my UK pension but find myself struggling a bit with the TW. dividend.
I have been thinking of selling up and buying PSN because as you know the dividend is higher, and the share price has dropped more than TW. this year. Any solid advice would be appreciated.

I’m with you guys I bought 4200 shares a couple of years ago for £9.67 knowing the sp would at least double. However I was hoping the dividend would be back to the pre Covid levels by now because I have just started my UK pension.
I’m not a trader but I do try and better myself listening to those in the know on this board. The dividend is not carved in stone and it along with the sp will go up and I for one am happy to wait as long as it takes ish.

I remember in 2008 when Taylor Wimpy was £3.35 then crashed down to 3p !!!

Yes Pernix the Russian liquid fuels output is expected to drop by 2 million bd = 20% ish by the end of 2023. Also within the next six months insurance companies will stop insuring any tankers carrying Russian liquid fuels. Where possible these tankers will be made to travel further thereby increasing the cost to the end customer, who will then want more than the $30 pb + -discount they already receive putting more pressure on Putin.

Oil pulled back today because of new lockdowns in China, however Nat gas is now over $9 and
I never said the sp is going to rocket to £30. In fact prior to today if you check my posts over the last 2 years you will find I have never once mentioned £30, and you can to do this because I have never changed my name. I just find it boring when some people keep on whining zzzzzzz

Driftking, Jamie Dimon and others predict $175 + pb.
If it takes two years to get to £30 I will be more than happy and hopefully there will be a dividend increase by then.

Yes they are playing the shell game and crude is the pea. Surely they can track the ships with satellites and then inform potential customers. Some won’t care but at least they won’t be able to say they did not know.

Larry this article is a couple of days old and since it was written China has put large manufacturing areas of Shanghai and Beijing back into lockdown. Unfortunately this will once again slow the amount of oil they need to import. Why don’t they just ask for some Pfizer?
Xi is saving face really more important than the economy, and more importantly the health of the Chinese nation.

Hey Seav, This all sounds like a good idea but after a split up where do you think the O&G production half of the business would be listed at the NYSE or London?

Luckily it didn’t happen during the next European winter when Putins little hands will be wrapped around the gas tap.

Yes Larry I was following the fire yesterday which could not of happened at a worse time but there are five more ports the US export gas from.

Goldman Sachs predict $140 pb for crude in the 3rd quarter.