The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
be the first to congratulate Rahul on the fantastic job he has done so far, and all without moving his lips, at this rate there will be no equity value left come 9/9.think he should man up and tell Dot that he has bitten off more than he can chew and do us all a favour and fook off.dire straits money for nothing seems apt.
I think the new CEO is weak, down day after day since his arrival with nothing coming back from him to explain the poor performance, this is headed into teens for sure,this has got bad news written all over it, i am personally down 85% on this dog,wouldn't be too bad if I had only a small amount of money invested, but I have a very large amount which I know was my own doing,i bought into this dog when the dividend was reinstated thinking that they had turned the corner, how wrong was that,biggest dog of a share with an equally bad management team in place, what chance do we have of a turnaround here?very little would be my guess, gla,we need it big time.
its the markets reaction to TLW managements silent treatment, funny that this steady leg down coincided with the appointment of Rahul,at this rate he will be looking for a new job again shortly, maybe he was cheap and that is what swayed Dorothy to appoint him, keeping costs down to accommodate the massive pay rise she awarded herself,should be ashamed of themselves over the state of TLW and work for vastly reduced salaries until they sort the mess out.
without asset disposals TLW are not going to be able to service the debt, never mind finding the additional funds to oversee these developements,they need to find suitors, in the present climate, not an easy thing as all companies are reining in Capex.
sort the mess out,at least the frog is vocal
and judging by the SP all the news is going to disappoint,might have been better hiring Kermit the frog to sort the mess outfit least the frog is vocal, no news is good news only in respect of your GP,gla.
might as well stay the distance now SK,it is just the same s**t here as in PMO,two badly run companies riddled with massive debt,both on life support, hope you are keeping well by the way,gl.
oil @$46 and TLW lanquishing @22p,dying a long slow death,painful to watch our hard earned cash go down the tubes all because of an incompetant BOD making bad decision after bad decision,and it would appear that Rahul isn't the man to change the situation and stop the rot anytime soon,no words from him at all to ease concern,the market punishes uncertainty in a very big way,so come on Rahul,pull your finger out lad and start earning your crust,gla.
Rahul, the 'yes' man with no voice, surely TLW could have found someone with a bit of 'go' about them,gla.
yes,noticed,maybe its to do with our CEO being so inspirational,what a crock.
totally agree along with many others in here since before December last year, total shambles.gl.
that as PMO drop,TLW follow suit to always trade lower than PMO,why? manipulation at its best imo, we have got to be better placed than that basket case, surely.
its also become not great here when oil rises, only ever reacts on the down side,heads I win,tails you lose in here now.looking like it is going to break below 22p right now, very tiresome, seems like Dorothy hired a yes man, part of the interview process was a clause stating "my way, or the highway Rahul", imo,certainly doesn't seem to have a voice.
anyone else hate ducks?
ridiculous, you are not wrong there,TLW has not tracked up with the oil price, but any slight pullback in oil and it sinks like a lead ballon, you would think it was TLW and not PMO who have announced D4E swap, time is way overdue for our new CEO to earn his crust and steady the ship, the rot seems to have set in firmly since his arrival, yet another **** up made by TLW with his appointment?I would have preferred a CEO with a voice, it does help.
we are all well and truly up sheet creek without a paddle,with oil @$45 and this dog under 23p,and seemingly having a mute new CEO at the helm, what chance do we all have?gla.
the re opening is common knowledge already,don't think it warrants RNS release.
sorry Pantz,the cash is going straight to the reduction of the debt pile, and then they need to find the rest to make up the 1 billion they are looking for further reduce it, without this the are pretty much toast,gl.
you're not wrong there Bugsy,it has been on a constant drift lower since his arrival.
already priced in,what we really need to de risk is to find and announce a suitor for Kenya which will prove a lot more difficult as you also have Total trying to offload there, complete shambles brought on by bad past management, maybe the best we can hope for is to find a suitor to reduce debt, and then maybe somebody will bid for TLW in its entirety and put a lot of us out of our misery,gla.